local-market

Vocabulary Word

Definition

'Local-market' refers to the commerce happening in a relatively close or specific geographical area. It's the businesses and customers within your city or town.

Examples in Different Contexts

In marketing, tailoring strategies to the 'local-market' enhances engagement. A marketing director might argue, 'Our campaigns are more effective when they're customized to reflect the local-market preferences and cultural nuances.'

Practice Scenarios

Tech

Scenario:

Our new app is focused on improving local transit. We need to ensure it addresses specific challenges faced by commuters in our city.

Response:

Agree, we can have a user feedback round from our local market to improve our app's features.

Creative

Scenario:

Many customers love the authenticity of our handmade jewelry. Our designs should reflect and respect the artistic traditions of our region.

Response:

Perhaps we can organize a local market fair to showcase the arts and cultural traditions of our region.