How do you segment customers ?
Segmenting your customers based on their willingness to pay and retention potential is a key step in developing a go-to-market strategy that optimizes your pricing and value proposition. By understanding how different customer groups perceive and respond to your product or service, you can tailor your pricing, packaging, messaging, and retention strategies to increase your revenue and customer loyalty. In this article, we will explain how to segment your customers using two methods: value-based segmentation and behavioral segmentation.