Marketing - Using Data for Market Segmentation

Marketing - Using Data for Market Segmentation

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

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FREE Resource

The video tutorial explains how marketers use data for market segmentation. It covers three main methods: Customer Relationship Management (CRM), behavioral targeting, and advanced statistical techniques. CRM helps track and understand customer needs, while behavioral targeting analyzes online behavior to predict interests. Statistical methods like cluster analysis and regression are used to identify customer similarities and preferences. By integrating these approaches, marketers can segment markets more effectively.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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