bombora

Press "Enter" to Search, or "Esc" to Cancel

!!!

What Is B2B audience segmentation?

In B2B marketing, speaking to everyone at once often means engaging no one. While B2B audience segmentation is a tried-and-true marketing fundamental, advancements in data, account intelligence, and audience segmentation strategies can now drive more elevated outcomes.

Speak to an expert

 

Marketers can now move beyond traditional demographic and firmographic segmentations, applying behavioral signals, Intent data signals, and real-time engagement patterns that create new, often more precise, opportunities for segment-based targeting. In this piece we lay out the basics of B2B audience segmentation and explore some data-driven advances (including the application of data from companies like Bombora) that are driving results for B2B companies.

What is audience segmentation?

Audience segmentation, sometimes called “target customer segmentation” or “target audience segmentation,” is the practice of dividing your potential prospects and customers into smaller, unique groups based on differentiating attributes, interests, or behaviors. Meaningful audience segmentations allow marketing, advertising, and sales teams to personalize messaging and content, build engaging media strategies, shape effective sales outreach, and ultimately prioritize investments.

The benefits of audience segmentation in B2B marketing

Thoughtful audience segmentation is the foundation for more precise media strategies, higher conversion rates, and better return on investment in B2B marketing. It helps marketers identify which accounts are ready for brand awareness, product education, or demand generation campaigns. Well-defined B2B audience segmentations create two key benefits for marketers and buyers alike.

Higher engagement

In marketing, audience segmentation enables you to craft messages that speak directly to your buyers’ specific needs and motivations. This is particularly important for B2B marketers, who are often faced with multi-stakeholder buying groups (or buying committees) that influence a single purchase at a single company.

For example, a CFO or member of the finance team may focus on budget alignment, payment terms, and total cost of ownership, while technical or IT decision-makers may focus on areas like integration, scalability, and security. By tailoring your content to address unique concerns, you create stronger connections that translate into higher engagement rates, more meaningful conversations, and stronger relationships.

Better customer experience

B2B buyers have come to expect personalization. A McKinsey report found that 76% of B2B buyers get frustrated when they don’t receive relevant interactions. Gartner found that B2B companies that effectively deploy personalized engagement strategies outsell peer companies by up to 30%. Audience segmentation in marketing is a data-driven approach to determining how to effectively personalize message, content (format and subject), and media mix at scale.

Common types of audience segmentation

Broadly speaking, in B2B marketing there are two approaches to audience segmentation:

  • Account segmentation, focused on the characteristics of the entire organization, is used to identify and prioritize which companies to target in your marketing and sales efforts and how best to reach them.
  • Buying-group-level segmentation focuses on segmenting individual members of a buying group within or across accounts.

Buying-group-level segmentation strategies are used to personalize messaging and content for different roles and people involved in the decision-making process. As you will see, some segmentation approaches can be applied to both account segmentation and buying-group-level segmentation.

Common types of account segmentation

Firmographic segmentation

Companies with similar characteristics often have similar challenges, requirements, and buying processes. Firmographic segmentation focuses on company-level characteristics including industry, company size, revenue, location, and business model. This type of segmentation of your B2B target audience helps you tailor your approach to organizations that are most likely to need your solution and have the budget to purchase it.

Technographic segmentation

Technographic segmentation is a powerful method for B2B audience segmentation that categorizes prospect and customer accounts based on the technologies they use and their level of digital (and increasingly AI) sophistication. This strategy is especially useful for businesses with technology solutions or solutions that require technical integrations. For example, identifying accounts that already use compatible tools in their tech stack allows you to focus your marketing efforts on the most promising opportunities.

Segmentation focused on enterprise technical or digital maturity also also gives you valuable insights into the type of content that will resonate with different audience segments. For example, technical laggards who are slow to adopt new technology may need content focused on the ease of implementation, customer support, and the fundamental benefits of the technology. Early adopters and companies who are more digitally mature are likely more receptive to content about advanced features, innovative use cases, and future applications.

Behavioral segmentation

While most often applied in buying-group-level segmentation, behavioral segmentation can be valuable in account segmentation. In this instance, a target account list might be segmented based on how frequently or how deeply the account is engaging with your brand, content, and digital experiences. Deeper engagement may be a signal of accounts that are ripe for significant marketing investment or custom, account-based-marketing strategies.

For a B2B marketing team accountable for driving demand for a diverse portfolio of solutions, a target account list could also be segmented based on the type of content their employees are engaging with, which might indicate propensity for one product versus another.

Intent-based segmentation

Intent-based segmentation, the practice of segmenting based on buying intent signals, is a highly effective approach to account-level, audience segmentation in B2B marketing. This method segments accounts based on their real-time research and online behavior, which indicates their likelihood to purchase a solution.

For example, Bombora tracks millions of companies’ content consumption across the web, identifying statistically significant changes in behavior that show when a company is actively researching a particular subject relevant to your products. This allows you to prioritize accounts that are “in-market” and ready to buy, enabling sales and marketing teams to deliver highly targeted and timely campaigns that address the specific needs the account is currently researching.

“The best signal isn’t just an account that fits your ICP; it’s the real-time buying behavior of that account. Intent data provides the strategic intelligence needed to be proactive and relevant, allowing marketers to engage prospects at the precise moment they’re actively doing the work to select a solution.”
– Hannah Ashford, Senior Director, Product Management at Bombora

Common types of buyer-group-level segmentation

Demographic segmentation

At the B2B buyer-group level, demographic segmentation categorizes business professionals and company employees based on their professional attributes rather than personal ones. This method classifies members of the buying group by common attributes such as their job title, functional area, seniority, and years of experience.

This type of audience segmentation provides critical insights into things like key concerns and decision-making authority. For example, a campaign targeting technical managers would focus on product specifications and implementation details, while messaging for C-suite executives would emphasize strategic value and return on investment. Ultimately, this practice allows for the precise tailoring of content and messaging to align with the specific role and needs of each member of the buying committee.

Behavioral segmentation

Behavioral segmentation classifies individuals within a buying group based on their actions and engagement with your brand, providing a dynamic view of their interests, sentiment, and intent. This method evaluates interactions such as:
 

  • Content consumption (e.g., whitepaper downloads, case study views)
  • Website activity (e.g., page visits, pricing page views)
  • Campaign engagement (e.g., email click-through rates, webinar attendance)
  • Participation in events

For both prospects and existing customers, these actions provide powerful clues about their level of awareness and consideration for your brand and product portfolio, allowing you to tailor messages that are highly relevant to their current needs. The true power of this method emerges when you combine behavioral data with other segmentation types, like firmographics and technographics, to create comprehensive profiles that enable truly personalized and effective outreach.

Psychographic segmentation

In a B2B context, psychographic segmentation goes beyond basic professional data to delve into the psychological and professional drivers that influence a buyer’s decision-making. This method segments individuals based on their attitudes, professional values, and motivations, providing a deeper understanding of what truly drives them. Key psychographic traits include:
 

  • Risk tolerance
  • Attitude toward innovation
  • Problem-solving style

For instance, a risk-averse buyer will be most receptive to messaging that emphasizes security and proven reliability, while an early adopter will be drawn to content highlighting cutting-edge features and competitive advantage. This sophisticated approach enables marketers to create content and messaging that doesn’t just present a product, but strategically aligns with a buyer’s core professional anxieties, aspirations, and operational philosophy.

Intent-based segmentation

Intent data provides granular insight for buyer-group-level segmentation by revealing the real-time research activity of individuals. This approach goes beyond company-wide signals, instead tracking the digital footprint of different members of the buying committee to identify what topics they are actively consuming and with what intensity.

For instance, you can differentiate between a technical leader researching “security protocols” and a procurement manager exploring “leasing terms,” enabling you to deliver highly personalized and relevant messages to each person based on their specific needs and professional concerns. Some marketers also use intent data to gauge the level of influence and intent of key personas at different stages of the buyer journey, enabling truly dynamic segmentation for more targeted outreach.

Best practices for B2B audience segmentation

Mine your existing customer base for insights

Your existing customer base can provide a wealth of intelligence on how best to segment your audience. Look for common and unique attributes that define your most valuable customers or those that buy specific products or groups of products.

Another intelligence gold mine is post-mortems with sales leaders on closed-won and closed-lost accounts. Dig in to understand sales experiences and identify what functions and roles were involved in the journey and what interests and concerns were raised by influencers and decision makers along the way.

Be vigilant about quality

Effective audience segmentation relies entirely on the quality of your underlying data. This is because every segmentation type, from firmographics to behavioral intent, is only as accurate and relevant as the data used to build it. Outdated or inaccurate data can lead to targeting the wrong companies, misidentifying key members of the buying group, and misinterpreting buying signals.

For example, a company’s revenue, employee count, or technology stack can change rapidly, and intent signals are only valuable if they are captured in real-time. Without a focus on data quality, accuracy, and recency, your segmentation efforts will produce flawed audience profiles, resulting in wasted marketing spend, irrelevant messaging, and missed sales opportunities.

“In today’s market there are a plethora of B2B data providers. Buyer beware; not all data is created equal. Bombora is the only data provider with proprietary data collection tags on trusted publisher and B2B brand websites. No one else can collect, retain, and transform B2B research activity continuously, in real time, like Bombora.”
– Hannah Ashford, Senior Director Product Management, Bombora

Layer segmentation methodologies

Effective segmentation isn’t about choosing just one method; it’s about combining them to build a comprehensive view of your audience. Start with broad, foundational segments like firmographics and then layer in more granular insights. For example, you might segment by firmographics first, then layer on technographics and complete the audience segmentation with differentiation by intent level.

Layering is also a way to effectively combine account level segmentation and buyer-group-level segmentation. CyberRisk Alliance (CRA) provides a great example of combining first-party and third-party behavioral data and intent signals to inform audience segmentation, which resulted in elevated lead quality, conversion rates, and ROI.

“We see customers prioritize their key account list based on firmographic and Intent data. Then they layer on buyer-group-level segmentation to make sure the specific pain points, messaging, or tone of voice matches the professional demographic and psychographic differentiation among functions and roles.”
– Hannah Ashford, Senior Director Product Management, Bombora

Test and refine your audience segmentation

Audience segmentations should be considered living entities that need to evolve as industry landscapes change, competitors emerge, strategic priorities shift, and buyer behaviors develop. Monitor campaign engagement rates, conversion rates, and sales outcomes to identify which segments are working and which might be stalling. And always make sure your data is fresh.

Don’t forget intent

Intent data is one of the most powerful audience segmentation tools. There are many kinds of intent data from a variety of 3rd third-party sources. Most practitioners start by experimenting with a signal source and then, over time, incorporate and combine multiple data sources to refine or enhance the quality of the signal. Consider these key questions when evaluating the intent type and third-party provider that is right for you.

Build a tech stack and partner ecosystem that supports your strategy

Audience segmentations for marketing are only effective if they can be refreshed and activated. To get the most from your tech stack and partner ecosystem:
 

  • Invest in building a marketing tech stack (e.g., website identity, CRM, CDP) that can collect and orchestrate your first-party data.
  • Build a network of third-party partners that can provide accurate, fresh data signals that can easily flow into your tech stack and be used to enrich and expand first-party data.
  • Evaluate digital advertising partners (agencies, data providers, activation platforms) that have the capability to transform audience segmentations into addressable, measurable audiences that can be deployed across digital touchpoints.

Bombora solutions for audience segmentation

Well-planned target market and target audience analysis and segmentation is the foundation of successful B2B marketing. Bombora has a portfolio of data solutions that support effective audience segmentation. We offer industry-leading Intent data (Company Surge®) derived from our one-of-a-kind Data Cooperative that captures the media consumption behavior of thousands of companies across leading B2B publishers, B2B brand websites, and premium data providers.

Bombora’s Identity and Enrichment solutions (Visitor Insights) are a powerful tool for companies to understand the profiles and behaviors of website visitors and transform these insights into powerful behavioral signals valuable for audience segmentation. Bombora’s Digital Audiences make it possible for marketing leaders to transform even their most sophisticated audience segmentation into addressable B2B audiences for advertising. Bombora offers more than 600 off-the-shelf, ready-to-deploy audience segments predefined by role, function, seniority and B2B interest area and 450+ audience attributes that can be combined and layered to create custom audience segments. These audiences are deployable in all the major DSP, SSPs, and social platforms used by B2B advertisers.

If you’re ready to take your audience segmentation to the next level, learn how Bombora’s audience solutions can help you reach the right prospects at the right time with the right message.

FAQs about audience segmentation

What is audience segmentation in marketing?
+

Audience segmentation in marketing is the practice of dividing your target audience into smaller, specific groups based on differentiating characteristics, behaviors, or interests. This allows marketers to prioritize marketing investments and create personalized messaging and campaigns that resonate with each distinct group.

How does audience segmentation help marketers?
+

Audience segmentation helps marketing, advertising, and sales teams allocate budgets more precisely by focusing on prospects most likely to take action, resulting in higher conversion rates and better ROI. It also helps them address each segment’s specific needs and pain points, leading to higher engagement rates and better customer experiences.

What are the main types of B2B audience segmentation?
+

B2B audience segmentation can be split into buying-group-level segmentation, which prioritizes influential individuals within those companies, and account segmentation, which prioritizes which organizations to target. Buyer-group-level segmentation includes demographic (job titles, experience), behavioral, and psychographic (attitudes, motivations) characteristics.

Account segmentation includes firmographic (company size, industry), technographic (digital sophistication), and behavioral (engagement patterns) characteristics. In either group, intent-based segmentation can identify prospects who are actively researching solutions in your category.

What is the difference between B2B market segmentation and audience segmentation?
+

Market segmentation for B2B focuses on dividing the overall market into distinct groups based on company characteristics like industry, size, or revenue. Audience segmentation zeroes in on the personas within those markets—their job functions, decision-making authority, and professional priorities—to determine how to reach decision-makers within your target market.

What tools are used for audience segmentation?
+

Audience segmentation tools range from basic CRM and marketing automation platforms that segment based on demographics and behaviors to advanced intent data providers like Bombora, which tracks real-time research activity across thousands of B2B websites. The most powerful solutions combine first-party data from your internal systems with third-party intelligence, like Bombora’s Intent data, that provides deeper insights into buyer behaviors.

Ready to do big things with Intent data?

Connect with an Intent data expert