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BAHI Emna SEAN Lak-Chhay SOUAYAH May Profit from Customer Data by Identifying Strategic Opportunities and Adopting the “Born Digital” Approach 12/2/2009 1 Team 3_2_Lak-Chhay
Profit from Customer Data Customer Data Collect information CRM and BI Extraction of value Profitability 12/2/2009 2 Team 3_2_May CRM Marketing Follow client Listen to client voice Design and developoffer BI Active research and process of essential information to face competition
BFP stands for Business FrequencyPurchase B F P CUSTOMIZABILITY 12/2/2009 3 Team 3_2_May by Identifying Strategic Opportunities …4 Data-Driven Strategy
BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS CUSTOMIZABILITY 12/2/2009 4 Team 3_2_Lak-Chhay by Identifying Strategic Opportunities …Minimize Costs (1/4) Minimum cost for Business and Customer Littlepossibility to get relevant data about customers Exclusive fly-in destination
REWARD LOYALTY BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS CUSTOMIZABILITY 12/2/2009 5 Team 3_2_Lak-Chhay by Identifying Strategic Opportunities …Reward Loyalty (2/4) Business: Profitability and Rewardbehavior Customer: Standardisedproducts Harrah’s Entertainment
REWARD LOYALTY PERSONALIZE INTERACTIONS Collect relevant data Adaptitsstrategy Differentiationfromcompetitors BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS CUSTOMIZABILITY 12/2/2009 6 Team 3_2_Emna_May by Identifying Strategic Opportunities …Personalize Interactions (3/4) Ritz-Carlton
REWARD LOYALTY PERSONALIZE INTERACTIONS Collect exhaustive data Develop model to attractpotentialcustomers BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS ACQUIRE CUSTOMERS CUSTOMIZABILITY 12/2/2009 7 Team 3_2_Emna by Identifying Strategic Opportunities …Acquire Customers (4/4) ‘One-shot’ WeddingReception Cruise Lines
	    Digital materials coming from the digital domain 	    Consequently have no print or analog counterpart … and Adopting the “Born Digital” Approach 12/2/2009 Team 3_2_Lak-Chhay 8
Why is the problem addressed important? 12/2/2009 9 Team 3_2_May Length of the CRM’s set up Training and involvement of the users
REWARD LOYALTY PERSONALIZE INTERACTIONS B F P BFR stands for Business FrequencyPurchase MINIMIZE COSTS ACQUIRE CUSTOMERS CUSTOMIZABILITY 12/2/2009 10 Team 3_2_Lak-Chhay Why is the problem adressed important? 4 Data-Driven Strategy
What key lessons can be derived from the article? 12/2/2009 Team 3_2_Emna 11 ,[object Object]
Forward-thinking
Companies use transaction processingsystems	=> To collect relevant informations about theircustomers 	==> Capture the customers’ behavior ,[object Object],	=> Creation of value 	==> Profitability

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Profit From Customer Data By Identifying Strategic Opportunities And Adopting The “Born Digital” Approach

  • 1. BAHI Emna SEAN Lak-Chhay SOUAYAH May Profit from Customer Data by Identifying Strategic Opportunities and Adopting the “Born Digital” Approach 12/2/2009 1 Team 3_2_Lak-Chhay
  • 2. Profit from Customer Data Customer Data Collect information CRM and BI Extraction of value Profitability 12/2/2009 2 Team 3_2_May CRM Marketing Follow client Listen to client voice Design and developoffer BI Active research and process of essential information to face competition
  • 3. BFP stands for Business FrequencyPurchase B F P CUSTOMIZABILITY 12/2/2009 3 Team 3_2_May by Identifying Strategic Opportunities …4 Data-Driven Strategy
  • 4. BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS CUSTOMIZABILITY 12/2/2009 4 Team 3_2_Lak-Chhay by Identifying Strategic Opportunities …Minimize Costs (1/4) Minimum cost for Business and Customer Littlepossibility to get relevant data about customers Exclusive fly-in destination
  • 5. REWARD LOYALTY BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS CUSTOMIZABILITY 12/2/2009 5 Team 3_2_Lak-Chhay by Identifying Strategic Opportunities …Reward Loyalty (2/4) Business: Profitability and Rewardbehavior Customer: Standardisedproducts Harrah’s Entertainment
  • 6. REWARD LOYALTY PERSONALIZE INTERACTIONS Collect relevant data Adaptitsstrategy Differentiationfromcompetitors BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS CUSTOMIZABILITY 12/2/2009 6 Team 3_2_Emna_May by Identifying Strategic Opportunities …Personalize Interactions (3/4) Ritz-Carlton
  • 7. REWARD LOYALTY PERSONALIZE INTERACTIONS Collect exhaustive data Develop model to attractpotentialcustomers BFP stands for Business FrequencyPurchase B F P MINIMIZE COSTS ACQUIRE CUSTOMERS CUSTOMIZABILITY 12/2/2009 7 Team 3_2_Emna by Identifying Strategic Opportunities …Acquire Customers (4/4) ‘One-shot’ WeddingReception Cruise Lines
  • 8. Digital materials coming from the digital domain Consequently have no print or analog counterpart … and Adopting the “Born Digital” Approach 12/2/2009 Team 3_2_Lak-Chhay 8
  • 9. Why is the problem addressed important? 12/2/2009 9 Team 3_2_May Length of the CRM’s set up Training and involvement of the users
  • 10. REWARD LOYALTY PERSONALIZE INTERACTIONS B F P BFR stands for Business FrequencyPurchase MINIMIZE COSTS ACQUIRE CUSTOMERS CUSTOMIZABILITY 12/2/2009 10 Team 3_2_Lak-Chhay Why is the problem adressed important? 4 Data-Driven Strategy
  • 11.
  • 13.
  • 14. Conclusion Value of a customer The aim of CRM is to be listening to customers in order to respond to their needs and to develop the loyalty. CRM allows each department of a company to access to a common IS in order to improve the knowledge of their customers and to meet their expectations. What about Ethics? 12/2/2009 12 Team 3_2_Emna
  • 15. 12/2/2009 Team 3_2_Emna_Lak-Chhay_May 13 Thank YOU for your attention AnyQUestions? Debriefing