Market Segmentation - One Size Doesn't Fit All

You can't be all things to all people. Never was thisas individuals (wholesale, retail, enterprise)? Does
statement more true than when creating aneach industry you sell to have its own unique
effective online marketing campaign.reason for needing your services or products? Do
We all know the numbers. Millions of people useyou sell to businesses that are different sizes, or
search engines every day, for just about everyin various phases of development (start-up,
kind of service, product or business imaginable.emerging, mature)? Or do you sell to individuals
What we often forget, however, is that differentwho are married, single, parents, or teenagers?
people search for the same things, justTaking the time to segment your consumer
differently. While it's not possible to create aallows you to create messages that speak to the
completely unique message for each and everypsyche of each potential buyer.
person out there, it does make good business2. Understand your customers' needs. Once
sense to segment your potential clients oryou've taken the time to understand the various
customers, and create campaigns that speak tomarket segments that need your service or
each segment.product, you can then take it one step further.
Market segmentation, simply put, is the processThink about what it is they are looking for when
of dividing a market into distinct subsets thatthey conduct a search. A parent looking for a
behave in the same way or have similar needs.used car for their teenager may search for "cars
Once you identify these similar groups of potentialwith high safety ratings", while a teenager looking
customers, understand their behavior and whyfor a used car may search for "inexpensive used
how they need what you're offering, you cancars". If you're an auto dealer, you want to make
then create a specific marketing message thatsure to create an ad for each of those searches,
speaks directly to them.so the right ad appears in front of the right
Taking the time to first segment your potentialperson and speaks directly to their query.
market greatly improves the efficiency andOnce you've done these two things, you will have
effectiveness of your online advertising. So,successfully segmented your market and created
where do you begin?ads that speak to each. And, you'll be amazed at
1. Think about your business. Who are yourhow greatly that can improve your return on
customers? Do you sell to other industries as wellinvestment.