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An ICP, or ideal customer profile, describes the type of company most likely to buy from you and keep getting value from the product. It usually lists industry, company size, region, the roles involved in buying, common pain points, the events that trigger a purchase and the companies to exclude. Sales and outreach teams use it to decide who gets contacted.

A target market is the broad group you could sell to, such as manufacturers in India. An ideal customer profile is a narrower description inside it: the type of company that fits best, the situations that make it likely to buy now, and who to leave out. The ICP is precise enough to build a contact list from; a target market is not.

Whenever results hand you new evidence, and at least once a quarter while you are still learning. Watch for a segment that never responds, replies from people outside the profile who turn out to be good fits, or a change to your product or pricing. Keep a dated record of each version so you can tell which one produced which meetings.

Yes. Plenty of companies sell to two or three distinct types of customer, for example small teams on a self-serve plan and larger companies that need onboarding. Write a separate profile for each, since they need different lists and different messages. Begin outreach with the profile you have the most evidence for, and test the others as separate segments.

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