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.
Who formed the association in favour of widow remarriage in Madras Presidency?
Match the following correctly.
Consider the following statements:
(I) The Indian fundamental rights are absolute
(II) The fundamental rights are enforceable.
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Sun Temple of Jhalrapatan (Jhalawar) was built by -
Raja Jaichand belongs to which dynasty?
The difference between revenue and cost is called the firm’s __________.
Which of the following statement about “Sahariya tribe” is/are correct?
Which hormone controls the growth of the body?
On which date was the first session of Indian Constitution Drafting Committee held?