Customer segmentation enables businesses to tailor marketing strategies to the specific needs and preferences of distinct customer groups. For example, segmenting customers by purchasing frequency allows for targeted promotions that maximize engagement. Personalization fosters stronger customer relationships, improves conversion rates, and enhances overall campaign effectiveness. By addressing the unique characteristics of each segment, businesses achieve better ROI and more meaningful customer interactions. Segmentation also supports resource optimization by directing efforts where they are most impactful. Why Other Options Are Incorrect: • A: While cost efficiency is a benefit, the primary goal is personalization. • C: Focusing on one segment ignores potential opportunities in others. • D: Predictive analytics complements segmentation by forecasting customer behaviors. • E: Random sampling lacks the specificity needed for effective segmentation.
A weed with short-lived blue coloured flowers is
Central Institute of Cotton Research is situated in
Submergence increases the availability of
Buttoning is the problem in which of the following crops
Extremely light soils with low WHC, low in N and sometimes inadequate in P are known as
Annual water requirement of banana
Under the PM-KISAN scheme, all landholding farmers' families shall be provided the financial benefit of Rs.____/-per annum per family payable in three e...
The Bhopal tragedy was caused by the gas
Which of the following crop is a source methane and nitrous oxide emission into the atmosphere?
Which organic fraction not soluble in both acid and alkali