Customer Databases
Customer Databases
The customer database is one of the most valuable marketing tools for any
company, it contains specific information about your customer that you can take
advantage of to track sales.
Thus, a customer database can include everything from contact information (email,
telephone, etc.) to specifications and details about the transactions carried out.
The type of information you are going to request from your clients always
depends on its usefulness for your business and your marketing strategies .
For example, the owner of a real estate business knows that people typically buy a
house only once in their lives, so they will not need to store as much
information regarding their buyer's preferences , unlike a hairdresser whose
clients usually make one or more visits a month.
Thus, creating a Database is the best way to keep your clients' information
organized and updated. It also allows you to contact your clients and
prospects, build loyalty, provide better service and promote your sales.
Your business
It allows you to obtain the most “hard” or specific information related to real
customers: you can record the name of your buyers, their address, telephone
number or email, their credit card, the product they bought, what date they bought
it, etc.
Your Website
In addition to being the “virtual cover” of your business , or its letter of
introduction, your website is a very complete and valuable source of
information in terms of obtaining specific data about your audience, that is, those
people who are interested for your proposals, which go through your online offers,
etc.
Using a free tool like Google Analytics you can know who visits your site, what
sections or products they have explored, where they come from, how long they
have stayed on your website and much more.
How Can You Use Your Customer Database? We Present You The 3 Most
Important and Profitable Uses
As you may have noticed, the information you can obtain from your clients and
prospects, as well as the ways to obtain it, are very diverse. Now let's see what the
specific meaning of accumulating said data is, that is, what a Customer Database
is for.
1- Purchase Analysis
First of all we must mention the purchase analysis, that is, studying which items
are purchased by each customer and how they arrived at them. This is especially
useful for improving your website or eCommerce , by optimizing the user interface,
the ability to recommend related products, etc.
This use is based on the assumption that it is feasible to predict the behavior of a
user or client, based on their past actions. Such information related to the purchase
can be very useful for all types of businesses and industries.
For example, you can evaluate the use of credit cards to avoid fraud (this
information is essential for online sales sites). Another possibility is to analyze
telephone usage patterns, e.g. e.g. If you have a mobile phone company, you can
survey the customers who buy all the new products you offer and provide them
with special offers.
2- Sales Forecast
A strategic way to use your Customer Database to increase your sales has to do
with predicting the moment when they will buy again, considering when they did so
previously.
Thus, depending on the type of products you sell and through this strategy you can
create planned obsolescence systems or create kits or complementary products to
sell. Along with this, it is advisable to analyze the number of clients that make up
your market and try to predict their behaviors.
Q. e.g. If you have a coffee shop, you can ask yourself how many similar
businesses there are within a mile, as well as how many competitors, record your
average sales per day and compare the information with your market research to
form an overview of how you are positioned and what may come.
3- Database Marketing
Another very beneficial and almost mandatory way in relation to the use you can
give to your Customer Database has to do with Marketing strategies. A large part of
this consists of analyzing the purchasing habits, demographic data and
psychological attitudes of your customers to build buyer profiles.
These profiles allow you to optimize your commercial strategies to the maximum,
as well as generate new sales techniques that respond to each type of buyer
constructed, and even generate products specially designed to fit into each
category created.
Along with this, after creating your categories you can dedicate yourself to email
marketing and send much more personalized promotional emails to different
groups of customers, identified from the previous analysis. In this regard, you can
easily send mass mailings with Postcron Newsletters (learn how to do it in this post
).
Let's see below a small guide on how to create a customer database and how to
take advantage of it:
1. Determine the right technology
The first step is to determine the technology we will use to create and manage our
customer database.
The choice of this technology will depend on several factors ranging from the size
of our company, the nature of our business, our available resources, to the type of
audience we are targeting.
Depending on these factors, we can use easy-to-use programs such as Excel or
Access to more complex programs for which it may be necessary to hire the
services of a professional to implement them.
2. Determine the information required
Secondly, we must determine the information or data that we are going to require
from our clients.
The customer data that we should always try to obtain are their name and contact
information, such as their physical address, email address, landline and cell phone.
Other information we may seek to obtain is your birthday, and information about
your purchasing behavior, such as the products you have purchased from us and
how often you purchase from or visit us.
And other deeper data that we could try to obtain to have a better idea of the profile
of our clients are their school, workplace, their hobbies (if they travel, if they play
sports, if they read magazines), etc.
SERVICE STRATEGY
A mobile phone by itself does not meet a person's need for communication. The
right phone model for that person, with a plan according to their budget and needs,
delivered on time, with a convenient payment method and an effective
communication channel in case of failures or problems... All this, and more, make
up the service you offer to the client. If you manage it well, the client enters into a
relationship with the organization that is allowing them to communicate.
A relationship such that he will not doubt that this organization is the best
alternative to stay connected, because he has been understood in his need, and
adequately supplied.
A loyal customer wants to continue doing business with you, so they will
always help you improve, collaborating when you do a survey, or alerting
you to aspects of your service that you need to improve.
A loyal customer is the ideal candidate to offer new products and services
that you bring to the market, or products/services of greater value. It will
help you evaluate them, and receive them with confidence, because they
know who they come from.
BESIDES:
A service strategy is very difficult for your competition to copy. Because it is
a continuous work of interaction with customers, which allows you to
understand them better, and react with improvements in your service
according to their needs. This is not a formula that someone can steal from
you.
SPECIFIC STRATEGIES
Attraction strategies
Retention strategies
Recovery strategies
Maintenance strategies
Loyalty strategies
Final recommendation
• To apply any of these strategies, the company must analyze its customers;
segmenting them and identifying which strategies can be promoted for each of
their segments.
• The more information you have about your clients, the better the application of
strategies will be.
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