Strategies to drive more customer engagement by customer Profiling - PowerPoint PPT Presentation

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Strategies to drive more customer engagement by customer Profiling

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Customer Profiling refers to a descriptive examination of a customer for the company. It is a marketing perception that many companies know their clients better and articulate their business plans accordingly. – PowerPoint PPT presentation

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Title: Strategies to drive more customer engagement by customer Profiling


1
How to drive more customer engagement by
customer Profiling
2
Introduction
  • The meaning of Customer Profiling refers to a
    descriptive analysis of ones ideal customer for
    the firm. It is a marketing concept that several
    firms use to know their customers better and
    formulate their business plans accordingly.
  • The use of appropriate call center software is
    essential to manage such a humongous amount of
    customers data in the system.
  • The utility of customer profiling has become all
    the more important because 70 of the customers
    are in the age group of 18-40 these days.
  • An entrepreneur should opt to convert them into
    his target customers to enhance his future sales
    prospects.
  • Such tools or marketing activities highlight the
    customers interests, preference, and
    requirements regarding a particular product.

3
Enhance the Product Quality
  • According to the latest marketing survey, around
    65 of the customers instantly buy a product when
    it is new and improved.
  • So, the entrepreneur has to keep such things in
    mind while launching or re-launching his own
    products.
  • Once, customers profiling is done, the
    entrepreneur then needs to work harder to grab
    the relevant and essential feedbacks from them in
    the optimum manner.

4
Garnering Customer Feedbacks
It is necessary to understand the appealing
factor of any product. So, garnering necessary
feedback from customers is a good idea to plan
the future strategy of the business keeping
target audience in mind. As many as 60 of the
consumers are always ready to give their
feedbacks regarding the product that they use
regularly.
5
Classify Consumers Into Smaller Groups
  • Customer profiling should be ideally done by
    categorizing the entire customer base into
    types or groups of customers.
  • The demographic and behavioral classifications
    should be done to gauge the true opinion of the
    customers regarding the particular product or
    services of the company.
  • Sometimes, the company can also segment the
    groups as per their shared traits and
    characteristics.
  • Usually, entrepreneurs opt for targeting by
    specific segment to make the entire profiling
    process easier and hassle-free.
  • Once the appropriate customers profiles are
    created, the company can then analyze the data
    carefully to identify the particular trends and
    preferences of the customers on the companys
    specific products or services.

6
Understand the Customers Expectations
  • Understanding the behavioral aspect of the
    customers empowers a firm to make better products
    in the future.
  • Eventually, customers are the kings, and they
    will buy the products.
  • So, the interest and feedbacks of the customers
    should be always taken into consideration during
    the entire business.
  • Profiling helps the sales team and management to
    take concrete actions to augment the marketing
    and promotional strategies of the particular
    product.

7
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8
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