Identifying your target audience is crucial for several reasons:
1. Efficiency: It allows you to allocate resources effectively by focusing on the most promising market segments. 2. Relevance: Helps in creating relevant content and advertisements that resonate with your audience. 3. Conversion: Improves conversion rates by addressing the specific needs and pain points of your audience. 4. Competitive Advantage: Gives you a competitive edge by understanding and meeting the unique demands of your customers better than your competitors.