Company
Date Published
Author
Helen McKenzie
Word count
1376
Language
English
Hacker News points
None

Summary

Geographic Segmentation involves analyzing demographic data to identify spatial patterns and tailor services, products, and marketing to specific geographic segments, resulting in a greater return on investment and lower risk. It allows analysts to make more precise decisions by understanding how people in an area fulfill the characteristics of a particular group or segment. By leveraging data from sources such as social media platforms and geospatial datasets, organizations can identify "hotspots" of at-risk customers and target their efforts accordingly. For example, a telco company could use Geographic Segmentation to target international roaming offers in areas with high concentrations of travel-enthusiast types, resulting in a high return on investment. The tutorial provided outlines an easy step-by-step guide on how to get started with Geographic Segmentation using publicly available data and tools such as CARTO.