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Published byPamela Carpenter Modified over 9 years ago
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Why Databases Marketing Fail Mistakes that will ruin your email markeiting and how to overcome them! JD Edwards User list
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2 Improved customer retention Cross-selling opportunities Upselling and reactivation Increased customer acquisition Why does marketers fail to achieve these simple goals from database marketing. Top goal of database marketing:
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3 Failure # 1: Lack of a Marketing Strategy No clear plan to action Haphazard strategies with no concrete conversion goals/metrics More impetus on traditional marketing
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4 Failure # 2: Lack of prospects in your database Less number of prospect in opt-in data Incomplete or incorrect data Lack of proper planning to acquire permission data Failure to update data with active information
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5 Failure # 3: Treating all customers alike No differential treatment of customers Lack of knowledge on customer segemtation Sending generic offers
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6 Failure # 4: Lack of retention strategies Building a database is easy Making money with a database is hard Most people don’t know that
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7 Failure # 5: Lack of campaign tracking and testing No training in email tracking Failure to test email campaigns Not tracking( open, CTRs, etc) Dull email subject lines Too many spam complaints
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8 How to develop an effective strategy: Collect opt-in data from websites, and from all customer touch-points Acquire multi-media contact information (email, fax, direct mailing address, phone) Segment customer data on the basis of best customer profile Test email campaign before sending
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9 Examples of effective marketing strategies Get active with user Groups Send relevant newsletters Send surveys and feedback form Send campaign for rentention & Loyalty Programs Send loyalty offers for best customers
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10 What customers expect from you? Quality of customer service Increase ROI with product implementation Benefit oriented Information Convenience and ease in business Helpfulness and quick suppo rt
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11 How to build lasting relationship through database marketing Acquire and communicate with customers Add new prospect data from all customer interactions - Surveys, conferences, Promotion history, Transaction history Acquire data from trusted vendors Update data at regular intervals Use latest media to communicate and get active through social networking
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Thank You Presentor: PJ Moris jd Edwards user List
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