Your Competitors Are Doing This. Are You?
Every customer interaction leaves a data footprint. Yet, most companies fail to leverage this data, leaving a goldmine of potential revenue untapped. This article moves beyond basic CRM usage and explores how to actively use data to drive strategy.
Three Actionable Strategies:
- Predictive Personalization: Using past behavior to anticipate future needs and offer hyper-relevant products or services.
- Proactive Retention: Identifying at-risk customers before they churn and deploying automated loyalty campaigns.
- High-Value Segmentation: Focusing your marketing spend on the 20% of customers who will drive 80% of your future growth.