5 years ago traditional segmentation and marketing techniques were sufficient in driving customer growth, customer retention and increased revenue. However in today’s highly competitive and saturated market, this is no longer sufficient for any company seeking to achieve or maintain market leadership. In today’s digital economy, the customer is more discerning and selective. They have expectations of the experience they want from your company and it must be relevant and timely.
This requires companies to re-evaluate and reinvent how they communicate with customers. This is invariably underpinned by sophisticated and systematic data analytics.
Course Outline
Clearly define the concept of customer value management
Understanding CVM and CRM in context
Explain why CVM is crucial for companies to meet their financial objectives
Understanding and working through the components of a CVM module
Cross section of industry case studies used to articulate the concepts