Customer Insight - Accenture data into insight for a leading global retailer This retailer was...
Transcript of Customer Insight - Accenture data into insight for a leading global retailer This retailer was...
• Putyourcustomerattheheartofyourbusiness.
• Gobeyondbroadsegmentsandpersonastoidentifyfocused‘micro-segments’.
• Createcampaignsandmerchandisingpreciselytargetedtoyourbestcustomers.
• Understandthebigpictureandthefinedetail.
• Getclearanswerstocomplexquestions.
• Movetothecuttingedgeofcustomerstrategy.
• Achievemore,biggerandbetterbasketsovertime.
• Increaseyourcompany’sNetOperatingProfit.
Becomingacustomer–infusedcompany.
Expectedbenefits
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AnewlevelofsuccessforaU.S.pharmacyretailer ThisretailerhasthelargestcustomerloyaltyprogramintheUnitedStates,withover65millionmembers.Thecompanywasalreadyusingsophisticatedtoolsforcustomer-focusedmarketing,butaskedusforhelptoimprovetheefficiencyandeffectivenessofitspromotions.
One campaign powered by our new analytics drove an incremental sales increase of more than $100,000. Another achieved over 100 percent ROI, by generating a 27 percent response rate.
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TurningdataintoinsightforaleadingglobalretailerThisretailerwashavingtroubleharnessingitsvastcustomerandtransactiondata,andaskedustohelpprovidedeepinsightsintocustomerbehavior.TheAccentureCustomerInsightengineenabledthecompany’smerchantsandmarketersto‘flipaswitch’andopenupahugerepositoryofkeycustomerdata.
Thishelpedthemincreasesales,improvethetransparencyofmarketinginvestmentsandmakedecisionstodrivecustomerloyaltyandgrowth.
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Casestudies.
Identifyyourmostvaluablecustomers.Givethemwhattheywant.
Weallknowit’sanythingbut.
• Whoareyourmostvaluablecustomers?• Whataretheybuying—andwhy?• Whichofthegrowingarrayofchannelsandoptionsdotheyuse?
• Whichcampaignswilltheyrespondtobest?• Whichmerchandisingstrategiesaremostlikelytoaddvaluetothemostbaskets?
Simple,right?
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AccentureCustomerInsightisanintuitivebusinessintelligencesolutionthatprovidesnewinsightintocustomerdata.Itdoesn’tjusttellyouwhatyourcustomersaredoing,italsoprovidescriticalinsightintohowyoucanhelpoptimizeyourmarketingandmerchandisingaroundtheirneeds.
Uniquely,oursolutiongoesbeyondbroadsegmentsandpersonas,enablingyoutocreatehighlyrefined‘micro-segments’ofcustomers,products,locationsandpromotions.Thesystemtranslateshugevolumesofpoint-of-sale,customerloyaltyandbehaviordataintoclearinsights.Insightsthatcantransformyourmarketingandmerchandising.
Yourcustomer:thecenterofa360-degreepicture.
Thegoalsofallcustomer-infusedcompaniesarethesame:
• Greatershareofhouseholdsandcustomers• Greatershareoftripsandtransactions• Greatershareofneedsandrequirements• More,biggerandbetterbasketsovertime
Butthemarketischangingeveryday.
Linearshoppingisdead.There’sabewilderingarrayofchannels,touchpointsandtactics.Andcustomersgeneratemoredatathanever.
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Today’stacticshavetofocusonthecustomer.Youneedtoharnesseveryscrapofdatatocreatea360-degreepictureofyourcustomerbase,andthencreate‘micro-segments’tohelpidentifythebestcustomerstotarget.
Thisiswhatwecalla‘customer-infused’company.Peoplewillchooseyoumoreoften,becauseyourmarketing,merchandisingandoperationsareinfusedwithanunderstandingofcustomers’needs,behaviorsandattitudes.Youtakeyourcorevaluepropositionandmakeitrelevantforeachshopper.Whichhelpsyoudevelopamorevaluablecustomerbase,deliveringstrongerrevenueandprofit.
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Basedontheuniquelydetailed,holisticinsightprovidedbythissolution,youcanhelpimprovetheperformanceofspecialoffers,drivelargerbaskets,increasecustomervisitsandimproveloyalty.
Ourhighlyexperiencedstrategicandanalyticspecialistscanworkwithyoutohelptranslateyournewcustomerknowledgeintorelevant,effectivepromotionsandtactics.
Usingthe‘bestpractices’ofcustomer-centricmarketing,we’llhelpyoumaximizethevalueofeverycustomerrelationshipprocessedbythesolution.
Withyourcustomerspreciselyprofiled,youcanintegratestrategicinitiativeswithyourcustomer,locationandproductplans.Youcancreatehighlytargetedtacticsthatsurroundkeycustomersegmentswithaholisticshoppingexperiencetailoredexactlytotheirneeds.
AccentureCustomerInsightenablesyoutointegratecustomerinsightsintoalmostanyformofmarketingorpromotionsmaterial.
AccentureCustomerInsightprovidesaholistic,360-degreepictureofyourcustomers:theirneedsandwants,behaviorsandattitudes.
Itsupportsyourabilitytomakethecriticalconnectionsbetweencustomers,locations,productsandpromotions,revealinghoweachimpactstheothers.
Basedonthecharacteristicsyoudefine,thesolutiontakesyoubeyondbasicsegmentation,personasandlistpullstocreatehighlyrefinedgroupsof‘micro-segments.’
Findthevalue
Minethevalue
Convertthevalue
ReportingThesoftwarewillgeneratealmostanyreportyouneed,revealingexactlywhatcustomersarebuyingandhowthey’rebehaving.Combineproductandcustomerviewsforclosebasketanalysis,andmeasuretheimpactofmarketingandmerchandisingstrategies.Theresultsareshowninclear,accessibleandnon-technicalform.
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The software.
RevealingThesolution’sdashboardsturnthemassofdataoncustomers,products,locationsandpromotionsintoaclear,birds-eyeviewofthekeymetrics.Youcanspottrends,identifyareasthatneedmoreanalysis,visualizeperformanceandactswiftlytohelpimproveresults.It’salsoeasytosharevaluableinformationwithcolleaguesbothwithinandoutsidethebusiness.
SegmentingGroupyourcustomers,productsorlocationsintosegmentsusinganyofthecharacteristicsinthedata.Useourpre-set‘outofthebox’segmentationtemplates,orcreatebespokesegmentsbasedonyourstrategy.Createnewsegmentsandkeepthemupdated.Runreportsbysegment,applyingamagnifyingglasstoyourperformance.
SupportingAccentureCustomerInsightisaself-servicesystem,butyou’renotonyourown.Ourexperiencedspecialistswillhelpgetyousetup,runpilotprojectsandprovidefulltraining.Orwhynotletusmanagetheentiresolutionforyou,endtoend?Withdeepindustryexperienceandknowledgeof‘bestpractices’,wecanhelpthesolutiontodelivervalue,quickly.
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Customer-infusedinitiatives
The(typical)bottomline.
NOPAT Operatingcost
Revenues +0.5%to3.5%
+0.5%to2.5%
(0.5%to1%)
+3%
+27%to72%
10x
Investedcapital
ChangeinNOPAT
TypicalROIperinitiative
Inventoryturns
Grossmargins
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Return on investment
capital
UsingAccentureCustomerInsight,youcanhelpgrowyourbaseofvaluablecustomers,thenumberoftrips,thesizeandvalueoftheirbasketsandyourshareoftheirneedsandrequirements.Andthatcandeliverconsiderablevaluetobothyourtoplineandbottomline.
A typical customer-infused initiative using our solution returns 10 times the value of your investment.
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Find out more.
Babak Ghafouri — Global: [email protected]+17039474483
Brandon Young — North America:[email protected]+16786575866
Christine Removille — Europe:[email protected]+33153235245
Patricio De Matteis — APAC:[email protected]+6564107007Jose A. Goncalves — Latin America:[email protected]+551151882882
Youcanseeademoversionofthissolutionandfinddetailsofallourmarketingsoftwaresolutionsatwww.accenture.com/interactive-software
Accenture Customer InsightispartofAccentureInteractive.AccentureInteractiveoffersacomprehensivesuiteofcontemporarymarketingservicesandsoftwaretoCMOsandbrandleaderstodriveupmarketingperformance,drivedownthecostperinteractionandcreaterelevantconsumerexperiencesonamassivescale.Byfusingconsumeranalytics,technologyplatforms,andworld-classmarketingtalent,wehelptheworld’sleadingbrandsunderstandthebigpictureandthefinedetail,andenablecampaignstargetedatthemostprofitablesegments.
About AccentureAccentureisaglobalmanagementconsulting,technologyservicesandoutsourcingcompany,withmorethan244,000peopleservingclientsinmorethan120countries.Combiningunparalleledexperience,comprehensivecapabilitiesacrossallindustriesandbusinessfunctions,andextensiveresearchontheworld’smostsuccessfulcompanies,Accenturecollaborateswithclientstohelpthembecomehigh-performancebusinessesandgovernments.ThecompanygeneratednetrevenuesofUS$25.5billionforthefiscalyearendedAug.31,2011.Itshomepageiswww.accenture.com
Copyright©2011AccentureAllrightsreserved.Accenture,itsSignature,andHighPerformanceDeliveredaretrademarksofAccenture.
Let’stalk.Thisintroductiononlyscratchesthesurface.
We’dlovetotalkwithyouabouthowAccentureCustomerInsightcantransformyourbusiness.