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what are the pro's and con's of database marketing?
what are the pro's and con's of database marketing?
what are the pro's and con's of database marketing?
Sameer Mathur
Marketing managers must calculate customer lifetime values of their customer base to understand their profit implications. They must also determine ways to increase the value of the customer base.
How can companies attract and retain the right customers and cultivate strong...
How can companies attract and retain the right customers and cultivate strong...
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What are the pros and cons of database marketing?
What are the pros and cons of database marketing?
Sameer Mathur
Customer relationship management often requires building a customer database and data mining to detect trends, segments, and individual needs. A number of significant risks also exist, so marketers must proceed thoughtfully.
What are the pros and cons of database marketing?
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As competition continues to be fierce, you will need to pay attention to your existing customers and build strong relationships to keep your business growing. Learn new ways to cultivate your customer relationships, and nurture each customer in the sales cycle - from leads to closed deals. This SlideShare will help guide you through customer relationship management practices and strategies with your customers. www.badgermapping.com/ www.badgermapping.com/learn-advanced-negotiation-closing/
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what are the pro's and con's of database marketing?
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what are the pro's and con's of database marketing?
Sameer Mathur
Marketing managers must calculate customer lifetime values of their customer base to understand their profit implications. They must also determine ways to increase the value of the customer base.
How can companies attract and retain the right customers and cultivate strong...
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4
What are the pros and cons of database marketing?
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Sameer Mathur
Customer relationship management often requires building a customer database and data mining to detect trends, segments, and individual needs. A number of significant risks also exist, so marketers must proceed thoughtfully.
What are the pros and cons of database marketing?
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As competition continues to be fierce, you will need to pay attention to your existing customers and build strong relationships to keep your business growing. Learn new ways to cultivate your customer relationships, and nurture each customer in the sales cycle - from leads to closed deals. This SlideShare will help guide you through customer relationship management practices and strategies with your customers. www.badgermapping.com/ www.badgermapping.com/learn-advanced-negotiation-closing/
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What are pros and cons of database marketing
1.
What are the
Pros & cons of Database Marketing?
2.
Customer Database is
the precious information
3.
4.
Helpful in Identifying
prospects
5.
To decide which
offer best suits which CUSTOMER
6.
To deepen the
LOYALITY of customer
7.
To Reactivate the
customer purchases
8.
To avoid mistakes
of the customers
9.
10.
NOT useful at
every situation
11.
Too COSTLY!!
12.
Every one is
might not be customer oriented!!
13.
NOT every customer
wants relationship with the company
14.
Sometimes CRM assumptions
may FAIL
15.
These slides were
Created by V.Sushmitha Reddy, IIITD&M Kancheepuram, during an internship by prof. Sameer Mathur, IIM Lucknow. www.IIMInternship.com
Download now