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What is market segmentation and why is it so important?

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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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Best CDP for eCommerce: How it works, benefits, and examples

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What is an eCommerce CDP ? Similar to regular CDPs , eCommerce CDPs are solutions designed to take customer data scattered across disparate sources and bring it together in one place. This helps online merchants who also have brick-and-mortar stores deliver consistent customer experiences across both touchpoints.

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Singles’ Day 2023: Holiday sales for cautiously optimistic Chinese consumers

SmartBrief - Marketing

Image: Azoya USA) The Qixi Festival (Chinese Valentine’s Day) in 2023 witnessed impressive ecommerce sales. Changing strategies of top ecommerce platforms In addition to the social media platforms mentioned earlier, giant ecommerce platforms are taking strategic measures to stay in sync with evolving consumption trends.

Retail 52
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Singles’ Day 2023: Holiday sales for cautiously optimistic Chinese consumers

SmartBrief - Marketing

Image: Azoya USA) The Qixi Festival (Chinese Valentine’s Day) in 2023 witnessed impressive ecommerce sales. Changing strategies of top ecommerce platforms In addition to the social media platforms mentioned earlier, giant ecommerce platforms are taking strategic measures to stay in sync with evolving consumption trends.

Retail 52
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Behavioral segmentation: How it works, types, and examples

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Behavioral segmentation is usually combined with other market segmentation techniques like demographic segmentation and geographic segmentation. This enables brands to find valuable segments, analyze their behaviors, and uncover insights that can help them drive engagement, revenue, and customer loyalty.

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The marketer’s guide to customer journey orchestration

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To keep up with changes in customer behaviors and maximize ongoing sales, brands should move from traditional customer journey marketing to the customer loyalty loop. These milestones determine your customer lifecycle stage segments. This leads to a lot of challenges in driving account sign-ups.

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How to get a 360-degree customer view & scale personalization

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By personalizing the on-site experience for different customer segments, the company boosted conversions on its home page by 5.8%. We’ve seen a phenomenal return on investment already!” – eCommerce Director at Slazenger 5.