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What is market segmentation and why is it so important?

Use Insider

What is market segmentation? Market segmentation is the process of dividing a larger market into smaller groups of consumers with similar characteristics, needs, or behaviors. This is what we mean by segmentation in marketing. Why is market segmentation important?

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How to Choose The Right Analytics Agency

Neil Patel

For many business owners and marketers, analyzing and deploying data can be an intimidating prospect. For that reason, analytics agencies have emerged, whose aim is to help businesses leverage their data for better decision making and improved outcomes. The reason for this is that not every analytics agency is built in the same way.

Analytics 136
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5 steps to make the most of your reporting and analytics

Martech

Which team do you think recovers the quickest by adjusting their marketing plans? They will know which market segments will be most impacted by the “event” and what tactics will need to be adjusted. This is especially important if you are doing deep-dive analytics or predictions on the information.

Analytics 107
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Advertising in local markets: A playbook for success

Martech

Leverage customized audience segmentation Customized audience segmentation is the process of dividing a market into distinct groups based on specific demographic criteria. This marketing segmentation supports the development of targeted messaging and media plans for local markets.

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How to develop a winning B2B ideal customer profile

Martech

So, we rely on clients’ insights, previous experience with similar businesses and real-time campaign analytics. Dig deeper: What is account-based marketing or ABM and why are B2B marketers so bullish on it? But there are always exceptions and room for unconventional experiments if they are justified and supported by data.

Customer 119
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9 Best TikTok Bots – Go Viral Quickly (Fast & Real)

Jeff Bullas

The advanced targeting filter system really helps you break down your market segment into vital data points that Toksocial will then use to build your strategy from the ground up. One of the reasons we like this bot so much is due to the analytics it provides you with once the bot has run a few cycles.

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Field Notes: For out of home advertisers, AI has its moment

SmartBrief - Marketing

From an OAAA member poll: “[O]ver 50% of you now use AI in some way, shape or form – enhancing sales tactics, fueling creativity or tapping into advanced business analytics.” This figure really blows my mind. The presentation was based on a report that GroupM released in December , which indicated a slowdown in ad revenue this year.