Respuesta :
Due to the following factors, most start-ups first concentrate on relatively narrow target market rather than larger ones with higher levels of demand: 1. Since startups lack a well-established company history, they are unable to complete.
What is the market?
The entire number of buyers and sellers in the area or region under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. The worth, expense, and cost of the goods traded depend on the forces of supply and demand in the market.
It's challenging for a tiny, newly established business to connect with so many potential clients. It is also overpriced. Instead, a company seeks to concentrate on a more narrowly defined "segment" of customers. When a business concentrates on providing for the needs of just ONE sector, it engages in target marketing.
Therefore, first concentrate on relatively narrow target market
Learn more about the market here:
https://brainly.com/question/13414268
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