Database Marketing
Measuring business success has always come down to revenue. Although customer relationship management (CRM) data hasnโt always been a large part of the conversation around what drives those numbers, the fact is it can have one of the most profound and positive impacts on business success. Iโm able to confidently say this because CRMs holdโฆ
Intelligently using data is key for midsized online retailers to succeed in todayโs hypercompetitive market, while at the same time offering the curated experiences that modern shoppers demand. What follows are three simple ways to leverage data to effectively engage consumers at every stage of the purchasing journey. Target Your Advertising Spend Traditionally, retailers haveโฆ
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Data is easily one of the worldโs most valuable resources and represents an opportunity to level the playing field between the haves and the have-nots. If accessible, data can help online and offline retailers of all sizes build bigger and bigger businesses โ even in the age of Amazon. At the same time, a lackโฆ
Amazon.com is dropping its first-ever printed holiday toy catalog to millions of customers starting this month, according to a report on CNBC. The catalog features 70 pages of cozily-clad kids surrounded by toys such as action figures, board games and Barbies, as well as high-end items such as Bose audio gear and PlayStations. The bookโฆ
With Cambridge Analytica, British Airways, and several other high-profile data breaches making headlines, retailers are (unsurprisingly) starting to reconsider their own customer data policies. But rather than making the mistake of seeing these events as an obstacle, they should see them for what they are: an opportunity. In the last few years, customer experience hasโฆ
More than ever, businesses need to deliver personalized experiences that provide customers with real value. In a recent survey of corporate leaders, analyst firm Gartner reported that 81 percent of respondents believe their companies will compete mostly or entirely on customer experience. However, acknowledging that customers today expect personalized experiences and delivering on that expectationโฆ
Customer data platforms (CDPs) can represent a transformational piece of technology for retailers โ if theyโre deployed properly. Retail offers an incredible landscape for data-driven personalization. Closing the gap between physical and digital spaces unlocks massive opportunities for one-to-one personalized offers, dynamic margin optimization, and more. And CDPs can be key. It helps to facilitate theseโฆ
Thereโs no doubt that more proactive data governance, transparency and ethical guidelines have washed onto U.S. shores after the standards Europe recently put into law. As weโve seen with other initiatives, the recent passing of the California Consumer Privacy Act (CCPA) means itโs likely the Golden Stateโs counterparts will quickly jump on the bandwagon andโฆ