Segmentation profiles most and least profitable customers into groups

Name: Segmentation profiles most and least profitable customers into groups
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Segmentation allows businesses to divide their customer base into different groups based on certain characteristics. By doing so, they can identify which groups of customers are the most and least profitable, and then tailor their marketing and sales strategies accordingly to maximize profits.

Segmentation Profiles Most and Least Profitable Customers into Groups