Can I slice number of Subscriber into segments

Can I slice number of Subscriber into segments

Hi Team,

I would like to ask that If I choose 500-1000 subscribers package for Zoho Campaign. And lets say I have 10000 of Contacts.

Then Can I slice my contacts into segments to complete 1000 subscribers.

for eg.   Can I do the following to run my campaigns.
 
Segment Subscribers Campaign
      1        500               cmpg1       
      2        300               cmpg2
      2        200               cmpg3

Regards,
Sagar