Market Analysis

How to Find Your Target Market?

Finding your target market is about identifying the specific group of people most likely to buy your product.

Step 1: Start with the problem
Who has the problem you're solving? List all possible groups.

Step 2: Evaluate each segment
For each group, ask:
How painful is this problem for them? (1-10)
Can they afford to pay? (budget)
How many of them exist? (market size)
Can you reach them? (distribution)
Are they already looking for solutions? (intent)

Step 3: Pick your beachhead
Choose the segment with the highest pain + willingness to pay + reachability. This is your beachhead market — the first market you'll dominate.

Step 4: Build ideal customer profile (ICP)
Describe your ideal customer in detail:
Demographics (age, location, income, job title)
Psychographics (goals, challenges, values)
Behaviors (where they hang out, what they search for)
Budget (how much they spend on solutions today)

Step 5: Validate with real conversations
Talk to 20+ people who match your ICP. Confirm the problem exists and they'd pay.

WorthBuild's AI validation includes ICP generation and target market analysis — try it free.

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