Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Customer segmentation is a supervised way of clustering data based on the similarity of customers to each other.

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

Customer segmentation is a supervised clustering technique that helps businesses tailor their strategies to target specific customer groups more effectively.


Explanation:

Customer segmentation is a process of dividing customers into groups based on characteristics they share. It is a form of supervised cluster analysis where data is organized based on similarities among customers. This allows businesses to target specific groups effectively for marketing and service customization.

For example, a company may use customer segmentation to group customers by demographics, purchasing behavior, or preferences. By understanding the common traits within each segment, businesses can tailor their strategies to meet the unique needs of different customer groups.

Through customer segmentation, businesses can improve customer satisfaction, increase sales, and enhance overall marketing efficiency by delivering personalized experiences to each segment based on their distinct characteristics.


Learn more about Customer Segmentation here:

https://brainly.com/question/30722461


We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.