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

SmartBrief - Marketing

China is experiencing a consumption-led recovery, with product consumption expenditure contributing to 77.2% increase in sales of beauty products. Image: Azoya USA) The Qixi Festival (Chinese Valentine’s Day) in 2023 witnessed impressive ecommerce sales. This trend makes Singles’ Day (Nov. billion.

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

SmartBrief - Marketing

China is experiencing a consumption-led recovery, with product consumption expenditure contributing to 77.2% increase in sales of beauty products. Image: Azoya USA) The Qixi Festival (Chinese Valentine’s Day) in 2023 witnessed impressive ecommerce sales. This trend makes Singles’ Day (Nov. billion.

Retail 52
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The marketer’s guide to customer journey orchestration

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Complex omnichannel customer journeys ‘Customer journey’ refers to the path that takes a shopper from: Not knowing a product > Purchasing > Becoming a loyal customer It lays out all touchpoints that your customer may have with your brand before, during, and after the experience of that product.

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

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Enabled by a customer data platform (CDP) , a 360-degree customer view lets you easily find and leverage important characteristics, including: Basic customer information , such as names, email addresses, phone numbers, and demographic details. on email, social media, SMS, and WhatsApp).