sufficient demand, Presence of a significant market demand for the product or service., strong brands, Brands that have a positive reputation and recognition in the market, loyal customer base, Customers who consistently choose and support the brand over competitors., intangible assets, Non-physical assets such as patents, copyrights, and intellectual property., marketing savvy, Knowledge and skill in effectively promoting and selling products or services., target markets, Specific groups of customers or segments that a brand aims to reach., customer value, The perceived benefits and worth that customers attribute to a product or service., transact, The act of conducting business or making a transaction with customers., intermediary, A middleman or entity that connects the brand with the end customers., evaluate competitive offerings, The process of assessing and comparing rival products or services in the market., limited purchasing power, Customers’ restricted ability to buy due to financial constraints., needs preexist marketers, Marketers identify and target existing customer needs with their offerings., shape consumer perceptions, Influence and mold how consumers perceive a brand or its products., profile distinct groups, Create detailed profiles of unique customer groups based on various characteristics., identify market segments, Divide the overall market into distinct segments based on common traits., market offering, The product or service being offered to meet customer needs and wants.
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