Customer Segmentation: Complete Guide & Types
Customer segmentation is the process of dividing a customer base into distinct groups based on shared characteristics, such as demographics, behavior, or purchasing habits, to tailor marketing efforts.
Why is Customer segmentation important?
Customer segmentation is important because it allows businesses to tailor their marketing messages, products, and services to specific customer groups, increasing relevance, engagement, and conversion rates.
An easy way to understand Customer segmentation
Imagine dividing a large group of customers into smaller groups based on similar characteristics, like age, interests, or buying habits, to create more targeted marketing messages.