"Maximize
Returns on Your CRM Investments"
Customer Relationship Management means better understanding the needs
of your customers so you can attract new customers and retain your
existing ones. An effective CRM strategy is an important competitive
advantage when dealing with today's internet-savvy customers.
Why Business Intelligence for CRM?
= Because
selling to an existing customer is one-fifth as expensive as selling
to a new one.
= Because a five percent improvement
in customer retention can increase profitability by 85 percent.
= Because unhappy Internet-enabled
customers can share their dissatisfaction with the world.
Four Steps to Better Customer Relationship
|
EXTRACT
|
ANALYZE
|
PLAN
|
ACT
|
|
Extract data from every customer
touchpoint and business channel.
|
Analyze the data to understand customer needs
and behaviors.
|
Plan effective, customer-driven strategies based
on your analysis.
|
Act on your strategies
to build successful customer relationships. |
B2B Solution, Inc. addresses every stage of the CRM process. From extraction
to action, B2B Solution, Inc. business intelligence (BI) lets you develop
and execute CRM strategies based on a complete understanding of your
customers' current and future needs.
Step 1:
|
EXTRACT
|
|
Extract data from every customer touchpoint and
business channel.
|
Data Everywhere
The volume of customer data available to today's decision-makers is
staggering.
|
=
Click Stream data
= Call Center data
= Enterprise resource
planning (ERP) systems
= Operational CRM systems
|
=
Sales force automation (SFA) applications
= e-Commerce applications
= Purchased data
= Third-Party Information
Providers |
The challenge? Consolidate data from all sources. Convert
it to information that drives strategy. And take action for better
customer relationships.
B2B Solution, Inc. BI: Lots of Data, One Customer View
B2B Solution, Inc. extracts data from all your customer touch points
to deliver a unified 360-degree view of your customers:
= Data is consolidated in
one place, in multidimensional function-specific data marts
= Data is presented in a
common context based on consistent, enterprise-wide metadata and
business rules
The Result for Decision-Makers?
Data that is:
= Optimized for analysis
= Accessible in a way that
suits how business users think
= An accurate and consistent
foundation for enterprise-wide information sharing
Step 2:
|
ANALYZE
|
|
Analyze the data to understand customer needs
and behaviors.
|
Data Into Information
When you turn data into meaningful information, decision-makers
have what they need to answer business-critical questions with certainty.
|
=
Who are my best customers?
= How do they purchase?
= Where are they coming
from?
|
=
How are they using our Web site?
= How well do my marketing
programs target them? |
B2B Solution, Inc. BI: Unequalled Analysis
B2B Solution, Inc. provides unequalled analysis capabilities.
= The B2B Solution, Inc. portal user interface gives everyone
a single, Web-based point of access to all CRM information
= Visualization and scorecarding
deliver information visually, so you can focus on the customer information
that really matters
= Advanced analysis, with
its easy-to-use OLAP interface lets you quickly see the factors
driving customer relationships
= Ad hoc query lets users
access key information on the Web so they can make business decisions
in real time
= Reporting delivers in-depth
information about your customers to users' desktops via a Web browser
= Data mining uncovers the
key metrics needed to understand CRM issues
The Result for Decision-Makers?
= Information you can act
on. About your most valuable customer relationships-and about unproductive
relationships.
= Complete views of performance
indicators that quickly highlight areas of concern or interest.
= A better understanding of
customer purchase patterns and behaviors.
= The ability to identify
new high-value customers.
= Clear performance measurement
of sales and marketing campaigns-by product, geography, and other
key dimensions.
= The ability to report and
share these results via a BI Web portal.
Step 4:
|
PLAN
|
|
Plan effective, customer-driven strategies
based on your analysis.
|
Planning for CRM Success
With well-analyzed customer information you can answer the key questions
driving effective CRM strategies.
|
=
Which customers should I target for promotions?
= When should I initiate
contact with new or existing customers?
= How can I modify
the behavior of key customers?
|
=
Which products should I bundle or re-price to suit
customer preferences?
= How should I allocate
my marketing budget for optimal results?
|
B2B Solution, Inc. BI: Strategize for Results
Use the proven best practices and the experiences of thousands of
B2B Solution, Inc. customers to turn your organization's information
into strategies that get fast results.
= Fully understand customer
behavior, to focus marketing initiatives
= Plan sales investments to
directly impact customer acquisition and retention
= Design your Web site for
maximum effectiveness and customer satisfaction
= Streamline your supply chain
to lower costs and deliver on time
The Result for Decision-Makers?
= Effective strategies you
can put to work fast
= Allocate resources to achieve
the greatest return on investment
Step 4:
|
ACT
|
|
Act on your strategies to build successful
customer relationships.
|
Share information with your customers through a BI-powered
portal
= Provide instant access
to reports on account balances or the status of orders
= Deliver up-to-the-minute
information about discount thresholds, shipping, or other aspects
of your business
= Let customers see their
purchasing history
= Offer purchase recommendations
tailored to specific customer needs
Tune your web site based on analysis of your click stream data
= See what works on your
site and what doesn't, and react appropriately
= Discover what areas or
services are the most popular, and develop them
= Identify peak traffic
times, and match resources to them
= Spot and respond to patterns,
anomalies and trends in how customers use your site
Target Your Marketing Resources
= Analyze market trends,
then adjust products or services to match them
= Measure market campaign
effectiveness, then realign your strategies
= Gain critical insight
into the relationships between key customer segments and marketing
program success, then target your campaigns effectively.