The connection between customer segmentation and customer lifetime value
As a business owner, you likely know that customers are the lifeblood of your enterprise. But have you ever stopped to consider that not all customers are created equal? Some are more valuable than others, and understanding this distinction is key to developing a successful marketing strategy.
That's where customer segmentation comes in. By dividing your customer base into distinct groups based on shared characteristics, you can tailor your marketing efforts to each group's unique needs and preferences.