Four Techniques to Improve Analytics Based on Customer Knowledge
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Too many businesses today are product focused. Many think, “If we have more products to sell, we’ll make more money!” That is true if, and only if, the people actually want what you’re selling. …
Too many businesses today are product focused. Many think, “If we have more products to sell, we’ll make more money!” That is true if, and only if, the people actually want what you’re selling. Instead of starting with a product and finding someone to sell it to, it is better to begin with a group of people, and then figure out what to sell them. What do they want or need?
The best way to determine what your customers want is by studying their behavior. Yes, this even surpasses asking people what they want because people often don’t know what they want. For example, everyone says they WANT to eat healthier, but very few actually change their diets.
You can gain a lot of insight about your customers by digging into your database(s). I’m not talking about mining the BIG DATA you hear about in every IBM commercial, but about the simple data you probably already have at your disposal. That data is like a diamond in the rough.
Join us for a quick, 30-minute webinar – sponsored by Paramore | the digital agency. Daniel Burstein and Benjamin Filip will discuss how you can use the data you already have to:
-Learn more about who your customers are and how to best interact with them
-Identify areas of your website that may be hurting your conversion rate
-Decide which changes will have the most profitable effect
-Determine which type of modeling makes sense for what you’re trying to learn
Want to learn more? Check out the FREE excerpt from the 2013 Marketing Analytics Benchmark Report here: http://www.slideshare.net/marketingsherpa/free-excerpt-from-the-2013-marketing-analytics-benchmark-report-16262381