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Professor: Melanie Sodtka

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1 Professor: Melanie Sodtka
Spring sushi CRM Project Professor: Melanie Sodtka Presenting: Magda Lopez Victoria Robertson Andrew Pellerin Ronny Lumsden

2 “ _The companies that are smart are going to be really transparent and say ‘hey consumer, work with us’. The companies that are less smart are going to be the ones that put up a polished surface and pretend.” _ Martin Lindstrom Branding expert and best-selling author

3 Outline Overview Target Market Segmentation Customer Lifetime Value
Customer Value Matrix Goals CRM Strategies Financial Costs of Acquiring New Customers Methods of Reaching our Target Audience Metrics

4 Overview Spring Sushi will push your dining experience beyond your imagination An innovative dining experience is just one tap away. Hamilton Toronto

5 Target Market Segmentation
Young college and university students Young couples and small families Children

6 Customer Lifetime Value

7 1 2 3 4 Customer Value Matrix Retain Develop Maintain Nurture High
Current Value 3 4 Low Low High Potential Value

8 Customer Value Matrix High Value Customers
Most and Least Profitable Customers Customers who have defected to competitors Customers’ behaviour, preferences, life changes and interests in correlation with our company’s Lifecycle

9 Goals To create brand awareness and product awareness in order to increase customer base by at least 50% within a year timeframe. To acquire at least 20 potential customers, and retain at least 50% of those within a 6-month time frame. To boost customer retention in order to increase overall profitability for the company by at least 25% within a 5-year timeframe.

10 CRM Strategies Acquisition Strategy Free Sample Mondays
Retention Strategy Loyalty Cards Collecting Spring Points

11 CRM Strategies Development and Customer Service Strategies
Marketing Strategy

12 Financial Costs of Acquiring New Customers
Cost of Time Spent Return on Investment (ROI) $25 x 40 = $1000

13 Methods of Reaching our Target Audience
Mobile and Social Media Campaigns Blogging

14 Metrics Goals Strategies Campaigns

15 Thanks for Watching Remember to visit Spring Sushi

16 Works Cited Kotler, Philip and Keller, Kevin Lane (Fourth Edition). Creating Customer Value, Satisfaction, and Loyalty. A Framework for Marketing Management. Published by Prentice Hall. Online Sources:

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