Definition of Audience Segmentation
The process of dividing a broad consumer or business market into sub-groups based on shared characteristics.
Explanation of Audience Segmentation
Audience segmentation is the process of dividing a broad audience into smaller, more specific groups based on shared characteristics or behaviors. This technique allows marketers to tailor their messages and strategies to meet the unique needs and preferences of each segment. Common criteria for segmentation include demographics, geographic location, psychographics, and behavioral data. By targeting these segments with personalized content and offers, businesses can increase the relevance and effectiveness of their marketing campaigns. Audience segmentation helps improve customer engagement, drive higher conversion rates, and optimize marketing resources by focusing efforts on the most promising segments.