Market Segmentation: The Business Case

These are difficult times due to the worldwide competition, limited budgets, and the relentless need to deliver constant profits and sustained growth. How can you increase revenues, decrease costs and reduce risk using your existing resources? The way to do it all is to focus on market segments — selecting the distinct subsets of customers that offer the highest profit and growth potential, and then focusing on capitalizing on those opportunities. This also requires that you avoid customer groups that add to costs, distract your employees and drain your promotional budget while delivering little or no profit.

Spotlight

Marketing Kruzers

Marketing Kruzers is a lead generation company founded in Aug 2018, it’s the fastest growing independent research consulting company in India. Marketing Kruzers was formed with a vision to help marketers reach out to their prospective clients. To reach out to the right audience you need to understand who they are and what they care most about. Marketing Kruzers helps you figure out your total available market and reach out to the decision makers in the target account.

OTHER WHITEPAPERS
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How To Build Your International Go-To-Market Strategy

whitePaper | October 10, 2022

Is your tech company looking to launch new products or services? Are you ready to launch your established product or service to new international markets or verticals? Have you struggled with international sales? Selling to new markets is challenging. You work in tech. You develop your products and services in an agile environment. But beyond that, rapid feedback cycles seem to slow.

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How to Optimize Your ABM Strategy with Intent Data

whitePaper | January 10, 2023

Today’s B2B buyer is better informed than ever before, which comes with a growing preference for self-service buying experiences (i.e., opting to research products on their own as opposed to connecting with a salesperson). In fact, when surveyed, 87% of B2B buyers said they would prefer to self-serve all or part of their buying journey – meaning by the time a buyer fills out a contact form from your website, they are likely in the final stages of their decision-making process.

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Why Account Insights are the Missing Link in ABM Success

whitePaper | January 27, 2022

ABM focuses on targeting the right accounts at the right time and treating your prospect as a market of one. But an often-overlooked component within targeting campaigns is understanding the customer — generating insights into account activities are the missing link. The challenge lies in figuring out which points of information are most relevant to your prospect and crafting a plan to fully leverage them to drive engagement. Enterprise buyers are increasingly protective of their time, while a potential vendor that still expects the luxury of a lengthy introduction and a recounting of what challenges stand in the way of the organization’s progress is unlikely to move the relationship forward.

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Leveraging AI to Clean, Organize, and Optimize Customer Registries for Increased Sales and Marketing

whitePaper | April 10, 2023

In today's fast-paced, data-driven world, managing critical data is essential for businesses to remain competitive, efficient, and effective. Our AI-powered MDM solution addresses key industry challenges, including the need for customer centricity, hyper-personalization, adherence to regulatory and privacy mandates, and streamlining data explosion. With a 360-degree view of data and advanced analytics capabilities, our solution provides a comprehensive approach to defining and managing an organization's data, serving as a single source of truth for all functions. This unified, accurate, and streamlined data management system delivers better business insights for breakthrough customer experiences.

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How to nudge your CX and transform your business

whitePaper | March 23, 2023

Here’s the simple truth we’ll be exploring in detail in this white paper: if you work for a company, you’re already in the business of behavior. That’s because if your business is going to prosper, you’re going to need to influence behavior. Your own, your people… and your customers. Whether it’s choosing a service provider, completing a purchase journey or opting for self-service rather than making a call, customers constantly make choices about how to interact with businesses. And as the world becomes more digital and remote, your behavior – and the choices that you and your customers make as a result – become more important than ever.

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How to Win Market Share with a Customer-Centric Lens

whitePaper | May 18, 2021

For B2B sales and marketing teams, competitive analysis is a foundational process that reinforces and clarifies business cases or campaign roadmaps by identifying gaps and potential differentiators. A competitive analysis has become essential to developing and identifying a winning strategy for growth and success—essential when, on average, a business can have 25 direct competitors. In the traditional sense, this would equate to an analysis of competitors, their products, and their messaging. But does that serve the purpose of identifying competitive gaps, or the ultimate goal of winning market share through displacement? Effective competitive displacement and competitive analysis need to be customer-centric above all else.

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Spotlight

Marketing Kruzers

Marketing Kruzers is a lead generation company founded in Aug 2018, it’s the fastest growing independent research consulting company in India. Marketing Kruzers was formed with a vision to help marketers reach out to their prospective clients. To reach out to the right audience you need to understand who they are and what they care most about. Marketing Kruzers helps you figure out your total available market and reach out to the decision makers in the target account.

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