{"id":666,"date":"2023-09-07T16:48:12","date_gmt":"2023-09-07T21:48:12","guid":{"rendered":"https:\/\/datareporte.com\/?page_id=666"},"modified":"2024-04-17T23:17:47","modified_gmt":"2024-04-18T04:17:47","slug":"market-segmentation","status":"publish","type":"page","link":"https:\/\/datareporte.com\/en\/media-plan\/market-segmentation\/","title":{"rendered":"Market segmentation"},"content":{"rendered":"\n

Find in this article how to make a responsible market segmentation<\/strong>, using different variables and a simple step by step that you can apply in your campaigns and general strategy.<\/p>\n\n\n\n

\"\"Segmenting the market<\/h2>\n\n\n\n

As the owner of your business, you must be fully aware of your customer\u2019s profile<\/strong>. When I talk about profile I mean the common features that identify them so that you can do a responsible marketing and advertising job that will bring the expected return on investment.<\/p>\n\n\n\n

Next we will see how to organize and perform a market segmentation to implement your digital media campaign<\/strong>.<\/p>\n\n\n\n

Market segmentation is the method of choosing a significant population and dividing it into groups according to various common features<\/strong> to obtain smaller groups with similar interests, tastes, behaviors and other variables. In this way, you can find a group of people who have a much higher degree of susceptibility to purchase the products or services you offer<\/strong>.<\/p>\n\n\n\n

\"\"Importance of market segmentation<\/h2>\n\n\n\n

Market segmentation is vital to establish the communication of your products and services in order to find the largest number of people likely to purchase them. With a proper market segmentation<\/strong> the work of implementing digital media campaigns will be much easier.<\/p>\n\n\n\n

\"\"Types of market segmentation<\/h2>\n\n\n\n

When developing your market segmentation you should keep in mind some important concepts:<\/p>\n\n\n\n

\"\"Geographic segmentation<\/h3>\n\n\n\n

Geographic or geolocation segmentation is related to the physical location<\/strong> of your potential customers: country, region, department, province, municipality, neighborhood, etc.<\/p>\n\n\n\n

\"\"Demographic segmentation<\/h3>\n\n\n\n

Demographic segmentation gathers different features of your potential customers<\/strong> such as age, gender, education, marital status, economic level, etc.<\/p>\n\n\n\n

\"\"Psychographic segmentation<\/h3>\n\n\n\n

Psychographic segmentation is the set of interests, emotions, tastes, attitudes and other features that build the personality<\/strong>. This type of segmentation is very important because you can tie in a more concise way, the products and services you offer with the motivations and tastes of your potential customers to make a perfect match that permeates communication<\/strong> and other important elements of your marketing mix.<\/p>\n\n\n\n

\"\"Behavioral segmentation<\/h3>\n\n\n\n

The behavior of your potential customers plays an important role to consider, particularly now that we have digital advertising tools that help us identify<\/strong> some such as device usage, if they have played any video games, which pages or videos were recently visited or if they shopped online, for example. On the other hand there is what they report directly such as their relationships, visits to particular sites, etc.<\/p>\n\n\n\n

\"\"How to perform customer segmentation<\/h2>\n\n\n\n
\"como<\/figure>\n\n\n\n

I am going to be a bit repetitive but it is very important to keep this in mind:<\/p>\n\n\n\n

\"\"1. Geographic segmentation in digital media<\/h3>\n\n\n\n

The geolocation of your customers is one of the most important items. Thanks to the rise of digital media we are able to geolocate any place in the world<\/strong> with total specificity. Currently it is possible to locate countries, regions, cities and even through geographic coordinates and segment kilometers or miles around in media such as Facebook Ads and Google Ads.<\/p>\n\n\n\n

\"\"2. Demographic segmentation in digital media<\/h3>\n\n\n\n

The access and data we provide to the media give them the possibility to know demographic features<\/strong> such as our gender, age, work sector, position, education and even our sentimental status. All this information is very valuable and allows us to reach the right people.<\/p>\n\n\n\n

\"\"3. Psychographic segmentation in digital media<\/h3>\n\n\n\n

Your customers are people who have feelings, tastes, emotions and interests<\/strong>. When we talk about a psychographic profile we refer to that set of items that you can take advantage of to connect with your product. Each medium, according to its personality, has a particular way of offering us a way to segment:<\/p>\n\n\n\n

Facebook Ads<\/h4>\n\n\n\n

Facebook has access to very relevant information, every time we like, stop on publications or follow a page, the platform classifies us in order to offer these categories to advertisers<\/strong>. As a result, the platform has a very good level of accuracy when implementing campaigns and generates good results at a low cost.<\/p>\n\n\n\n

Google Ads<\/h4>\n\n\n\n

Google\u2019s super power is words and its results page<\/strong>. Thanks to its algorithm and connection to our needs, Google allows us to segment through what users search for on the internet. With a list of user queries and platform tools, we can build a powerful campaign that brings visitors to our website who are looking for specific things. In addition to this, it also allows us to find users who have certain browsing profiles, who visit web pages, applications, forums, blogs, etc. on specific topics or even watch certain YouTube videos.<\/p>\n\n\n\n

Psychographic variables in digital media are very important and you need to take them into account when building your advertising strategy or campaign.<\/p>\n\n\n\n

\"\"Segmentation strategy<\/h2>\n\n\n\n

According to theory, there are 4 market segmentation strategies<\/strong> that have to do with the way you group your potential customers: mass marketing, differentiated marketing, personalized marketing and concentrated marketing. However, beyond identifying with one of these fancy terms, I invite you to create your own strategic segmentation<\/strong> based on your own knowledge of your customers and experience. Use the digital tools offered by platforms such as Facebook Business Manager or Google\u2019s keyword planner and discover the motivations of your potential customers.<\/p>\n\n\n

\n
\n\"segmentar\n

To segment users in digital media I recommend that you follow these steps and write down the results in a document, thus facilitating the work of the person in charge of creating the campaigns and the process is optimized significantly:<\/p>\n\n<\/div>\n

Total Time:<\/strong> 3 hours<\/span><\/p>\n

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Geolocation<\/h3>\n
\"geolocalizaci\u00f3n

Locate your potential customers geographically, the city, the region or even the neighborhood where they are most likely to be.<\/p>\n<\/div>\n<\/div>\n

\n

Demographics<\/h3>\n
\"segmentacion

Mention age and gender.<\/p>\n<\/div>\n<\/div>\n

\n

Occupation<\/h3>\n
\"ocupaciones\"

Mention what is the job profile of your potential customers, what industry they belong to or what is their job position.<\/p>\n<\/div>\n<\/div>\n

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Keywords<\/h3>\n
\"segmentacion

Make a list of at least 10 words with which your potential customers would search for your business. You must be very specific and put yourself in your potential customer\u2019s shoes. For example, custom-made leather boots, custom-made boots in Bogota, leather boots to order. You can use Google Keyword Planner.<\/p>\n<\/div>\n<\/div>\n

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Interests<\/h3>\n
\"intereses\"

Mention what interests and topics drive your potential customers, or what kind of websites and apps you think they visit frequently. You can use your Facebook advertising account and simulate implementing a campaign.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Estimated Cost:<\/strong> -1 USD<\/span><\/p>\n

Supply:<\/strong>