Drilling Down

Turning Customer Data into Profits

 with a Spreadsheet

Site and Book topic:

Maximizing marketing ROI with customer behavior analysis

 


Learn Methods, Metrics
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DRILLING DOWN BOOK OVERVIEW

The first 9 Chapters are described below:

Download PDF of the first 9 chapters

Introduction

Chapter 1 Jonesin' for Some ROI
Chapter 2 Customer Profile or Customer Model?
Chapter 3 Data-Driven Marketing and Service Drivers
Chapter 4 Customer Marketing Basics
Chapter 5 Customer Marketing Strategy: The Friction Model

These five chapters provide a basic introduction to the idea of customer modeling. Customer profiles and models are compared (they are not the same, but can work together!), and the fundamental ideas behind predicting customer behavior and customer value management are explained.  These chapters lay the foundation for your three simple customer model toolkits.  Each toolkit has an explanation of how and why the model works, provides examples, and then shows you step by step how to use the model to increase your profits.  Includes the strategic Friction Model for mapping current and potential customer value and tracking the results of customer value management programs.

Latency Metric Toolkit

Chapter 6 Trip Wire Marketing
Chapter 7 The Hair Salon Example
Chapter 8 The B2B Software Example
Chapter 9 Turning Latency Data into Profits

Latency is the very simplest customer behavior model there is, and is very intuitive. If you know who some of your best customers are and have thought to yourself, "Gee, it has been a while since best customer X has been in" you are thinking about Latency.  Your thought process is correct; but you have no method for determining when "been a while" means "they are not coming back," and you have no specific action plan to turn your thoughts into increased profits.  The Latency toolkit shows you how to measure Latency and set up "trip wires" that will tell you how to increase the profitability of your marketing.  Latency is often the preferred model to use in service-oriented businesses where there is a monthly billing arrangement or other "built-in reason" for repeat activity such as with utilities, insurance, telecommunications, and personal services such as hair salons.

The Drilling Down book teaches you how to Measure, Manage, and Maximize Customer Retention with proven High ROI methods.


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Download PDF of the first 9 chapters

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Find Out Specifically What is in the Book

Learn Customer Marketing Models and Metrics (site article list)