Final answer:
Choosing target markets and understanding their needs and decision-making processes can indeed make promotion more effective. This strategic approach to marketing allows businesses to create tailored promotional campaigns, which can lead to better market positioning and increased competitiveness.
Step-by-step explanation:
True. Choosing target markets and understanding their needs and decision-making processes can make promotion more efficient and effective. Markets are spaces where buyers and sellers come together to exchange goods, services, and information. The decision-making process of consumers can be influenced by various factors such as social, psychological, cultural, and economic. By studying these aspects, businesses can tailor their promotional strategies to be more appealing and relevant to their target audience.In today's digital age, technology and globalization have significantly changed how markets are defined. The internet has allowed consumers to have access to a wide range of products from around the globe, increasing the level of competition among businesses. Companies that successfully adapt their marketing strategies to these shifts can better meet the demands of their customers and stand out in the competitive landscape.