Week 4 Part B: Defining YOUR Target Market
The craft beer business is characterized by small-scale, independent ownership and traditional brewing methods emphasizing craftsmanship, high quality, and experimentation with unique ingredients and flavors. My business, The Alibi Brewing Company would target consumers who favor beers with distinctive character and flavor. These consumers are typically interested in trying beers not readily available outside of the small local market. They value the independence, creativity, and craftsmanship associated with the craft beer industry. Unlike traditional beer drinkers, craft beer drinkers are rarely loyal to just one brand of beer. Instead, they are always looking for the next new thing. Demographically our target would primarily consist of male and female consumers ranging from the age of 21 to 34. Although there are consumers above this age range, our primary business will come from this crowd. Psychographically our target would consist of more than the typica...