Twitter Facebook LinkedIn Flipboard 0 Segmentation is at the heart of the best marketing campaigns. It allows marketers to target prospects with a high propensity to convert and increase conversions by using the right marketing mix, as opposed to expending resources on the wrong prospects, or creating the wrong offers to the right prospects. Many forward-thinking marketing executives are turning to predictive analytics for greater insight into their customers and markets. Here are five ways effective segmentation can help you build rapid and predictable success: Understand Your Best Customers Granular segmentation allows you to instantly visualize the signals shared among your best customers, which provides a comprehensive view of your ideal buyer profile. A deep understanding of your customers is the first step toward properly aligning product offerings and go-to-market requirements against customer segment needs. Understand Your Market Landscape Predictive technologies allow you to run dynamic addressable market analysis on size, penetration, and success rates. Successful companies always look beyond their existing market success and constantly try to find new opportunities in markets that can ensure future growth. Target Your Best Prospects Look-alike targeting is now possible for B2B. Focus your marketing investment on the prospects that look similar to your current best customers. Segmentation helps you predict your best opportunities early and mobilize marketing and sales teams to drive demand with prospective buyers. Plan Your Go-to-Market Campaigns Segmentation is a highly efficient way to plan go-to-market and expansion strategies that support your growth objectives. For example, the insights derived from segmentation enable you to craft personalized marketing campaigns tailored to each segment. This can apply to both the messaging you use and the channel through which you market. Experiment with Your Markets Segmentation can act as an avenue for experimentation for marketers who aren’t necessarily planning a go-to-market strategy or performing market research. It provides the tools you need to test and stay nimble when you don’t have an immediate execution plan or may not know everywhere your product or offering will have traction. Test with a sample set of segments, measure your results, and adapt as you learn. Jason Hekl, Vice President and Group Director at SiriusDecisions, eloquently explains this experimental, scientific marketing approach: “A scientific approach is not a constraint, but a great enabler. The scientist marketers that we envision are logical and methodical – but they are also free-spirited, adventurous and expansive in their thinking. They are unencumbered by the biases and constraints that so often restrict how adults think and act” (SiriusDecisions). Twitter Tweet Facebook Share Email This article originally appeared on Radius and has been republished with permission.Find out how to syndicate your content with B2C Author: Kane Pepi <p>Kane Pepi is an experienced financial and cryptocurrency writer with over 2,000+ published articles, guides, and market insights in the public domain. Expert niche subjects include asset valuation and analysis, portfolio management, and the prevention of financial crime. Kane is particularly skilled in explaining complex financial topics in a user-friendlyView full profile ›More by this author:VoIP Basics: Everything Beginners Should Know!Bitcoin Investment, Trading & Mining: The Ultimate Guide for BeginnersIs This a Better Way to Set Your 2020 Goals and Resolutions?