Which of the following is a benefit of segmentation?
A)Enhanced profitability
B)Improved customer defection
C)More effective competitors
D)More effective targeting of conditions

Question

Quizplus · Accepted Answer

Segmentation allows for customized marketing approaches that are more effective in attracting and retaining customers. By better understanding customer needs and preferences, businesses can tailor their products, services, and messaging to specific segments. This results in a higher likelihood of conversion and repeat business, leading to enhanced profitability.

Which of the Following Is a Benefit of Segmentation