Market Segmentation
The process of dividing a broad consumer or business market into sub-groups of consumers based on shared characteristics, needs, or behaviors.
The process of dividing a broad consumer or business market into sub-groups of consumers based on shared characteristics, needs, or behaviors.
The practice of dividing a customer base into distinct groups based on common characteristics.
A semi-fictional representation of an ideal customer based on market research and real data about existing customers.
A specific group of people identified as the intended recipient of an advertisement or message.
A theory that explains how individuals determine the causes of behavior and events, including the distinction between internal and external attributions.
Environmental signals that influence behavior and decision-making, such as signage, prompts, or notifications.
Recency, Frequency, Monetary (RFM) analysis is a marketing technique used to evaluate and segment customers based on their purchasing behavior.
An economic theory that explains why some necessities, such as water, are less expensive than non-essentials, like diamonds, despite their greater utility.
Specific and less common keyword phrases that visitors are more likely to use when they are closer to making a purchase or when using voice search.