Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is customer segmentation?

customer segmentation
0
Posted

What is customer segmentation?

0

Customer segmentation is the practice of dividing a customer base into groups of individuals that are similar in specific ways relevant to marketing, such as age, gender, interests, spending habits, and so on. Using segmentation allows companies to target groups effectively, and allocate marketing resources to best effect. “There is a significant opportunity for local government to improve its performance through more effective use of customer intelligence. Customer information is an underutilised resource at the moment and its value as an ‘asset’ that can be used to drive improvements to service and performance is not sufficiently recognised by local government. There is increasing pressure for authorities to demonstrate that they can pro-actively identify customer needs and demonstrate how those needs are being met. Measuring performance in terms of impact on customers and their views will become an increasingly important feature of performance management. It is unlikely that the cou

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123