What is target market in SAP LOD-CID-PIN - Product Information Network?

SAP Term: target market

• Component: LOD-CID-PIN

• Component Name: Product Information Network

• Description: A regional area of customers with specific product needs.

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• Key Concepts: 
  Target market is a term used to describe the specific group of customers that a company is trying to reach with its products and services. In the context of the LOD-CID-PIN Product Information Network, target market refers to the customers that the network is designed to serve. 
  
  How to use it: 
  The LOD-CID-PIN Product Information Network is designed to provide product information to customers in a timely and efficient manner. It allows customers to access product information quickly and easily, enabling them to make informed decisions about their purchases. The network also allows companies to target specific customer segments with tailored product information. 
  
  Tips & Tricks: 
  When using the LOD-CID-PIN Product Information Network, it is important to identify your target market and tailor your product information accordingly. This will ensure that your product information is relevant and useful for your target customers. Additionally, it is important to regularly review and update your product information in order to keep it up-to-date and accurate. 
  
  Related Information: 
  The LOD-CID-PIN Product Information Network is part of SAP’s suite of products and services designed to help companies manage their customer relationships. Other products in this suite include SAP Customer Relationship Management (CRM) and SAP Business Intelligence (BI). These products can be used in conjunction with the LOD-CID-PIN Product Information Network to provide a comprehensive view of customer data and insights.