IMPOSSIBLY FAST. DANGEROUSLY ACCURATE.
Could coaching help you?
Many retailers wish their CDP could do more for them, and usually it can. Our coaches can help you be sure you’re not missing opportunities to leverage your customer data and increase customer lifetime value. We’ll make sure you:
- Understand how to monitor the health of your customer file (including how many at-risk, lapsed, and lost customers you have).
- Know how your CDP can help you improve that health (by winning back lapsed customers, for example).
- Understand how to prepare for the first-party data revolution.
At the end of four weeks, you’ll walk away with:
A mini-audit of your customer data
We’ll make sure you know how to answer the following questions, so you can identify any gaps and opportunities with how you’re using your CDP:
- What customer data are we currently capturing?
- How much history is being stored?
- Which metrics do we have for our active customers?
- What about for our lapsed or lost customers?
- Is anything being missed?
- What steps should we take to protect and leverage our first-party data?
A check-up on the health of your customer file
We’ll make sure you know how to find the answers to questions like these:
- How many active customers do we have? What about at-risk? Lapsed? Lost?
- How many new customers are we getting each month/quarter/year?
- What is our annual customer retention rate?
- How about our reactivation rate?
- What is the predicted customer lifetime value (CLV) of our active customers over the next 12 months?
- What steps could we take to improve the health of our file?
A mini-assessment of your target audiences
We’ll make sure you know how to find the answers to questions like these:
- Which of our customers are being targeted and on which platforms?
- Who are our best customers, and are they being targeted efficiently?
- What kinds of marketing is currently working to convert our one-time customers to two-time customers?
- Can we predict which of our customers are most likely to buy?
- How many of our emailable customers are passively opted out? (Are we reaching as many customers as we think we are?)
- What steps could we take to improve targeting and increase ROI?