Babbel Live is a success story that product managers who are launching new digital products can learn from. Massive amounts of data are not necessary in order to use data to make good decisions. Starting simple and working in a data-informed way to prove or disprove hypotheses can yield positive results quickly.
Customer segmentation is a means by which you group customers into an identifiable category that you can use as a basis for analysis of a specific group of customers. Customer segmentation is useful for activities such as strategic planning, campaign planning & customer targeting, product analytics, planning customer communications, customer experience management, churn prediction, upselling, cross-selling, acquisition, sales operations and more.