Why should Marketing Analysis be used?

  • Competition is trying even harder to capture market-share from other companies
  • Customers expect to be serviced better and more precise
  • Marketing resources (i.e. the budget) are cut down to the very minimum required
  • Mass-Marketing no longer works: customized and individually-tailored Marketing efforts are necessary
  • ROI-calculations are getting more and more important: Marketing as an investment

Why is Marketing Analysis Needed?

  • Get to know your customers a lot better
  • Evaluate your customers value
  • Learn how to distinct between valuable customers and not that valuable ones
  • Service your customers better
  • Select target-markets for your marketing-activities more carefully
  • Calculate your customers life-time value
  • Evaluate diverse propensities indicators
  • Calculate the potential of new markets / new target-groups / new products within your database

Standard methods often cannot answer the most relevant questions of a Marketer, nor do they provide a point-and-click GUI interface for ad-hoc queries of information, that even can be handled by the primarily creativity- and certainly less systems-orientated Marketing managers.
Database Marketing interfaces between the ad-hoc needs and the existing systems environment with all its data. It gives the marketers the unique chance to pull down information with only few mouse-clicks.

 

How do clients profit from this information?

  • Being more precise with one's activities saves time and resources.
  • Targeting your market-segment more precisely saves money.
  • More precise targeting increases customer-satisfaction (providing the right information at the right time to the right customer). Increasing customer-satisfaction improves business-performance in the long run.
  • Response-rates from direct-mailings will dramatically increase <=> returns will considerably decrease.
  • Costly market-researches can often be pulled down from internally available information

 

 

 
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