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Bookworm Inc. Designing Catalogs for Targeted Marketing
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Company Background Online Bookstore Annual Revenue : $6 million Tot.Market For Online Books:$2.4 billion Competitors: Amazon.com, Barnes & Noble etc. Objective: Design customized catalogs for customers to facilitate targeted marketing
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Sample Survey Customer Id:_____Location:______ Rank the following on a scale of 0 to 5, where 0=No Interest and 5=High Interest 1) Mysteries 2) History 3) Politics Education Level:____, Ed.Type:_____ Industry:________,Position:_________ Annual Income:______ Interests:______, Ethnicity:_________ Sex:____,Marital Status:___________ No. of children:____,Birth date:______ For each category (mysteries, history etc.), each customer is ranked, on the basis of: Ranks assigned by her in the survey Her responses to the other questions (Interests, Industry etc.) in the survey Her order history Rank(customer,category)= function(survey responses, order history)
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EER Diagram (1,1) (0,N) (1,N) (0,N) (1,N) (0,N) (1,1)(1,N) (0,N) (1,N) (0,N)
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Microsoft Access: Relationships
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Customer Grouping Customer Ranks: Based on Survey. Group customers who have similar preferences. e.g. High preference for Politics, Secondary Preference for History and low for Mysteries. Similarly other customers grouped. Future Customer Rank: based on Survey, Order-History & Background. Demographers, Statisticians and Anthropologists needed. (We are hiring, Apply now)
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Catalog Generation Query Generate catalogs for each group of customers. Selection of recent books: More books in primary category, fewer in secondary. Future Selection: Based on publishing date, sales, reviews, author etc.
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What can be done Acquiring new customers –Customized catalogs –Targeted market campaign Better keep existing customers –Customer profile –Book club recommendations Cost saving tests –Mails offer to a sample of customers –Uses sample response information to determine the “Roll” mailing
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Sample Report
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Next step… Data mining Real time marketing Customized website Email campaign
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THANK YOU GROUP 4: - Sharvari Prabhu - Per Ingelgard - Shantanu Tripathi - Jiahe Zhu
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