Geographic Region

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  • 1 Sections
  • 1 Types
Definitions
Market Area
Market Area Geographic Region Primary Demand Product Demand Service Demand Market Analysis Business Geography
A market area is the geographic region from which one can expect the primary demand for a specific product or service.
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Definitions
Trade Area
Trade Area Market Area Geographic Region Business Strategy Customer Base Location Analysis Marketing
A trade area, also known as a market area, is the geographic region from which a business draws its customers. Understanding trade areas helps businesses determine the potential demand for their products or services and informs decisions on location and marketing strategies.
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