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Glossary

What are the benefits of market segmentation?

Market segmentation studies are powerful tools for brands. They help organizations divide a market into distinct segments that share specific attributes. The company can then focus on the most lucrative of these market segments. In this article, we outline the key benefits of this approach. What is market segmentation in market research? Market segmentation (sometimes […]

Glossary

How to segment your audience – 4 types of market segmentation explained.

Market segmentation is a crucial strategy for businesses to target and cater to specific customer groups effectively. By tailoring your strategy based on the needs of your key customer segments, you can better appeal to the customers that matter most. This guide explores four key types of market segmentation: geographic, demographic, firmographic, and behavioral. Geographic […]