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Drilling Down Newsletter Welcome
Thanks for your interest in the Drilling Down
newsletter, delivered by e-mail once a month. Designing and executing
high-ROI marketing strategies using customer data is the focus of each issue.
The issues covered include predicting future
customer valuation, identifying the likelihood of customers to respond to a
promotion, determining the appropriate offer, measuring and managing customer
retention, and reducing customer defection.
A secondary theme is driving higher revenues or
visits from current customers while decreasing promotional expenses; this is the
outcome of addressing the issues in the paragraph right above this one.
We'll go beyond using simple customer demographics and start looking at customer
behavior, the most reliable technique for
predicting future customer behavior. Customer retention and loyalty will
be the focus, and driving higher revenues or visits from current customers while
decreasing promotional expenses will be the approach we use.
The newsletter will provide background and descriptions of techniques usable by
both small business and enterprise class CRM systems - it's the thought process
that's important, not whether you use a spreadsheet or a rules-based CRM engine
to manage your customer data.
I'll also be including questions and answers on customer retention, loyalty, and
promotional techniques from Drilling Down web site visitors, newsletter
subscribers, and readers of the Drilling Down book, as well as links to important
articles on retention marketing written elsewhere. So get more value out of your
subscription and increase the value for others by asking some questions!
You can e-mail me directly by clicking here.
- Jim Novo
Drilling Down Newsletter List Management
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