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Effective Segmentation Can Increase Profitability and Enhance Marketing Efficiency, Says Info-Tech Research Group

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Based on research insights, global research and advisory firm Info-Tech Research Group advises that marketing campaigns should move beyond broad reach to directly engage and resonate with an organisation’s most valuable customers. In its newly published blueprint, the firm reveals strategies for identifying and prioritising high-value segments, optimising marketing efforts, and improving resource allocation. By adopting this targeted, data-driven approach, organisations can increase profitability, reduce waste, and drive long-term success.

SYDNEY, Jan. 15, 2025 /PRNewswire/ — As economic uncertainties grow and competition tightens, companies are under pressure to fine-tune their marketing strategies for maximum efficiency. Many organisations, however, still struggle with segmentation, often targeting too broadly or failing to personalise campaigns for specific customer groups. These ineffective practices result in higher marketing costs, poor ROI, and missed opportunities to engage with high-value segments. To address these issues, Info-Tech Research Group has released its latest blueprint, The Power of Segmentation, which provides a strategic framework to help marketers optimise market segmentation strategies, drive growth, and improve market positioning.

“Inadequate segmentation can waste precious resources and overlook revenue opportunities in valuable market niches,” says Joanne Morin Correia, principal research director at Info-Tech Research Group. “Failure to segment can drive market messaging to the wrong place, leading to potential losses and missed opportunities. This underscores the need for a thorough and well-understood market and customer segmentation process.”

The firm’s blueprint highlights that successful segmentation goes beyond immediate ROI and that organisations must adopt a long-term strategy that focuses on scaling and sustaining customer relationships. By continuously refining segmentation efforts based on data-driven insights, organisations can adapt to evolving market conditions and remain competitive.

“Effective segmentation empowers businesses to precisely target specific customer needs and preferences, leading to more efficient resource use and improved customer satisfaction,” explains Correia. “Segmentation mitigates the risk of relying on gut feelings and ensures that fact-based, data-driven options are available for these strategic product marketing decisions. By embracing a structured segmentation framework, companies can achieve stakeholder consensus, enhance their market understanding, and adapt to dynamic conditions.”

Info-Tech’s recently published The Power of Segmentation blueprint outlines key segmentation categories that marketers and their organisations can leverage to refine their strategies, improve profitability, and gain competitive advantage. The blueprint emphasises focusing marketing efforts on high-potential customer segments and tailoring offerings to meet their needs.

Key segmentation categories include:

Total Addressable Market (TAM): Organisations can optimise product offerings to meet geographic preferences and regional demands. This approach helps expand reach while catering to distinct local market needs.

Serviceable Available Market (SAM): Brands can tailor product and marketing strategies to specific demographic factors, such as age, income, or lifestyle. By narrowing the focus to well-defined audience groups, brands can increase relevance and engagement.

Serviceable Obtainable Market (SOM): Behavioral segmentation focuses on loyal, frequent buyers or customers who engage with the brand during key moments. Brands can personalise offerings to strengthen loyalty and deepen customer relationships.

Penetrated Market: This method focuses on targeting audiences whose lifestyles, interests, and values align with the brand’s offerings, which can help foster stronger connections and drive deeper engagement.

By leveraging insights from Info-Tech’s blueprint, organisations can address critical growth inhibitors such as competitor limitations, sales coverage gaps, and brand awareness challenges. This resource enables companies to make well-informed, data-driven decisions that improve resource efficiency, enhance profitability, and drive sustained growth.

For exclusive and timely commentary from marketing expert Joanne Morin Correia and access to the complete The Power of Segmentation blueprint, please contact pr@infotech.com.

Info-Tech LIVE 2025 in Australia IT Conference
Registration is now open for Info-Tech LIVE 2025 in Australia, taking place March 18 to 19, 2025, in Brisbane, Australia. This premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to attend the event or gain access to research and expert insights on trending topics, please contact pr@infotech.com

About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

Media Contact: Sufyan Al-Hassan, Senior PR Manager, Info-Tech Research Group, salhassan@infotech.com, +1 (888) 670-8889 x2418

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SOURCE Info-Tech Research Group

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Central Phuket Celebrates 6 Years of Success, Expands Luxury Zone to Strengthen Phuket’s Global Luxury Status

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BANGKOK, Jan. 15, 2025 /CNW/ — Central Phuket shopping center marks the 6th anniversary of its Floresta Zone with a THB 1 billion investment to expand its luxury offerings, reinforcing Phuket’s position as a world-class luxury destination. The expansion aims to meet growing demand from high-spending customers and international tourists in this thriving coastal paradise.

Dr. Nattakit Tangpoonsinthana, Chief Marketing Officer for Central Pattana plc, states that Phuket stands alongside global luxury destinations such as Hawaii, Monaco, Santorini, and Miami. The province’s tourism revenue is projected to reach THB 500 billion in 2024, marking a 28% growth from 2023, with average tourist spending of THB 34,336 per visitor.

Central Phuket is expanding its Floresta Zone from 180,000 to 200,000 square meters, increasing its luxury brand portfolio from 16 to 25 brands. Current luxury offerings include Balenciaga, Bottega Veneta, Burberry, Bulgari, Dior, Gucci, Hermès, and Louis Vuitton. Notable developments include:

Louis Vuitton: Southern Thailand’s largest boutique extension.Prada: The largest boutique in Thailand (597 sqm).Tiffany & Co.: A flagship store.Bulgari: Pop-up store debuting outside Bangkok.Celine: Opening in December 2024.

Other highlights include the first Lululemon outside Bangkok and the newest ZARA Flagship Store, Southeast Asia’s largest at 1,800 sqm.

The mall currently welcomes 80,000 daily visitors, expected to increase to 100,000 post-expansion, with 70% being international visitors. Top visiting nationalities include Russians, Chinese, Americans, and Singaporeans. The 1 Members at Central Phuket spend five times more than at other malls.

Phuket’s luxury destination status is supported by:

Expanding international airport capacity to accommodate 18 million passengers, including Thailand’s first 5-star private jet terminal with capacity for 156 private jets annually.Over 15 luxury brands and world-class dining experiences, including Su Va Na, recognized as the world’s best underwater restaurant.Five superyacht marinas and 28 Michelin-starred restaurants.16 world-class golf courses.Nine world-class hospitals and 13 international schools.

For the anniversary celebration, Central Phuket launches LIVE. LUXE. LOVE. with exclusive promotions:

Top spender reward: THB 8 million spend for a VIP Northern Lights trip to FinlandThe 1 member privileges: E-vouchers worth up to THB 6,000 Up to 17% cashback with participating credit cards

Central Phuket continues to elevate the island’s status as a premier destination for global luxury lifestyle seekers.

To follow updates from Central Pattana, please visit:
https://www.centralpattana.co.th/th/shopping/shopping-update/lifestyle-activities 

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SOURCE CENTRAL PATTANA

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Lenovo Launches World’s First Camera-under-display Laptop with TCL CSOT’s 4K PureSight Pro OLED Display

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LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — Lenovo has unveiled a groundbreaking collaboration at CES 2025 with the launch of the Lenovo Yoga Slim 9i (14″ Intel) Laptop, featuring TCL CSOT’s 4K PureSight Pro OLED display. This innovative device features the world’s first Camera-Under-Display Screen in mid-sized display product, powered by TCL CSOT’s cutting-edge flexible OLED screen technology.

The new laptop showcases TCL CSOT’s advanced Camera-under-panel (CUP) technology, achieving an astonishing 98% screen-to-body ratio on its 14-inch display. This technological breakthrough not only delivers a truly immersive viewing experience by seamlessly integrating the camera beneath the screen surface but also empowers content creators with an unprecedented canvas for their work. The borderless design removes traditional constraints, offering content creators and designers a more expansive and inspiring workspace.

The Lenovo Yoga Slim 9i (14″, 10) Laptop’s display sets new standards in professional-grade visual performance. The 4K PureSight Pro OLED screen offers complete coverage of sRGB, P3, and Adobe RGB color gamut, with exceptional color accuracy (Delta E<1). Combined with a 120Hz refresh rate, it delivers stunning visual clarity and smooth motion that caters to both creative professionals and entertainment enthusiasts.

This launch represents TCL CSOT’s first successful implementation of FMM OLED technology in mid-sized displays, making it the world’s first mass-produced mid-sized panel to integrate 4K resolution, 120Hz refresh rate, and CUP technology. This achievement underscores the strong innovation of TCL CSOT in display technology development.

TCL CSOT’s APEX display technology brand continues to push boundaries in visual experience. APEX is built on the brand core of “PACE TO APEX”. It is set to deliver pleasant display experience, reliable vision health, sustainable green and low carbon, and unlimited future imagination for users worldwide. The Lenovo Yoga Slim 9i Laptop embodies these principles with its exceptional visual performance, eye-friendly display, and innovative design.

Looking ahead, TCL CSOT remains committed to driving innovation in display technology through strategic partnerships. By continuing to develop diverse display solutions and breakthrough products with partners like Lenovo, TCL CSOT aims to expand the possibilities of display technology while delivering superior visual experiences to consumers worldwide.

Visit TCL CSOT’s YouTube for more information: https://www.youtube.com/@TCLCSOT 

About TCL CSOT

TCL CSOT (TCL China Star Optoelectronics Technology Co., Ltd.), established in 2009, is committed to developing innovative technologies in the display industry. With a “3+2+N” – “3” representing TV commercial display, IT, and MC; “2” representing automotive and professional displays; and “N” signifying the exploration of more application scenarios – TCL CSOT continuously empowers customers’ needs with full-scenario product services. With manufacturing and R&D bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, TCL CSOT has established 11 production lines. TCL CSOT’s business encompasses producing display panels from 1 to 115 inches. From LCD to OLED to MLED, TCL CSOT offers solutions across a wide array of applications, including TVs, mobile phones, tablets, laptops, monitors, automotive displays, XR (Extended Reality) devices, wearables, commercial displays, and other fields. The company leads the market in several of these areas and is dedicated to ongoing technological innovation, providing advanced products for customers and building a vibrant display industry ecosystem.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lenovo-launches-worlds-first-camera-under-display-laptop-with-tcl-csots-4k-puresight-pro-oled-display-302351435.html

SOURCE TCL China Star Optoelectronics Technology

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Philips Easykey Shines at CES 2025, Leading the New Era of Smart Home Security

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Introducing Revolutionary Smart Lock Technology Globally, Crafting a Smarter, Safer Future for Your Home

LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — At CES 2025, Philips and Conex Intelligent Technology, the exclusive partnership in smart home industry since 2017, together introduce a series of smart locks, setting new standards for global home security and convenience. These innovations affirm Philips’ commitment to safer, smarter homes worldwide.

Philips Smart Locks: Global Reach, Local Fit

DDL902-MVP: Combines palm vein and facial recognition with 360-degree monitoring via three high-resolution cameras.

DDL505: Designed for extreme temperatures with IP66 waterproof and dustproof capabilities.

DDL611: Built for humid, rainy climates, ensuring durability with IP66 protection.

Philips Sync: Allows simultaneous unlocking of multiple doors for added convenience.

DDL801: A design and functionality masterpiece integrating Philips’ latest security tech.

Award and Enhancements:

Philips’ 5000 Series Palm Vein Recognition Smart Lock won the CES® 2025 Innovation Award as an ‘Honoree’, now upgraded with video capabilities.

About Shenzhen Conex Intelligent Technology Co., Ltd.:

As brand license partners of Koninklijke Philips N.V., Conex offers innovative smart home solutions in the smart lock and home security domains. Backed by exceptional customer service, Conex ensures seamless consumer experiences, delivering products that redefine home safety.

Experience Philips at CES:

Visit booth No. 52055 to explore these innovations and their integration into smart home systems.

Contact Us:

Aaron Ma – Public Relations Specialist (Global)Email: publicrelations@cone-x.com 

About Philips:

Philips, a leader in health technology, focuses on improving well-being through innovation. Based in the Netherlands, it excels in consumer products and healthcare solutions. News at www.philips.com/newscenter.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/philips-easykey-shines-at-ces-2025-leading-the-new-era-of-smart-home-security-302351441.html

SOURCE Conex Intelligent Technology

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