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This helps in developing targeted marketing messages and campaigns. Competitive analysis : Conducting a thorough analysis of the competition to identify their strengths, weaknesses, and market positioning. This enables manufacturers and other industrial businesses to differentiate themselves from competitors and identify market gaps.
For more details on CDPs and their importance, check out our guide on how CDPs help marketing teams drive growth and efficiency. #2 2 Smart segmentationMarketsegmentation is the process of grouping customers together based on shared characteristics and behaviors. Credit card applications increased by 192%.
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