e-business & crm: knowing your customers the greatest
TRANSCRIPT
E-Business & CRM:Knowing your Customers – The greatest challengeMara Kympizi, E-Business & CRM Manager, GREGORYS SA
March 2O21
1st
In customer choice
and preference
(among famous
brands)
118Stores added in the last 3 years
#9Coffee chain
in Europe
More than
250.000daily customers
More than 360 stores in Europe
E-business since 2017
In the last 2 years we were busy
delivering great results
Doubling our online business & revenue!
Optimizing the online customer experience
Shifting to a DATA DRIVEN customer centric strategy & decision making
Integrating own systems and fully integrating with major 3rd party delivery marketplaces
Without Data You’re Just a Person With an Opinion (Edwards Deming)
Without An Opinion, You're Just Another Person With Data (Unknown)
[CRM] YOU’VE HEARD THEACRONYM BEFORE...And you know that “C” is for customer..
But what is CRM? CRM stands for Customer Relationship Management, a “Customers Really Matter” strategy.
The term is also used to describe the system that implements this strategy, but CRM is more than technology.And a ship it’s only as good as its crew. You need a CRM Business Strategy and then the means will help you build better customer relationships, increase company revenue and create a superior customer experience.
OUR CRM MARKETING STRATEGYThe vision
Image: Emarsys, Omnichannel Customer Engagement Platform
Aware
Generate
Traffic
Capture Leads
Nurture ConvertDeliverWOWSatisfy
Cross sell/Up sell
RetainGet Referrals
AdvertisingPRSEOAffiliationsOther 3rd partiesCRM ads (lookalikes)Referrals
RemarketingSignup formsRegistrationContact formsCall center
Welcome SeriesAbandoned CartAbandoned BrowseRemarketingRecommendationsCRM ads (custom audiences)
Transactional CampaignsProduct RecommendationsFirst purchaseRepeated purchaseRemarketing
Deliver the promise
Cross sell – Upsells based on web and purchase behaviorAdvertising
Repeat last purchaseThank youPost-surveysReactivationAdvertisingAdvocacy
The Lifecycle anchors the customer experience & marketing strategy
PERSONALIZATION/ SEGMENTATION
We have automated our RFM AnalysisRFM Scores are used in customer segmentation, marketing strategy & analysis
Customer Analysis ReportsMarketing Reports
Sales ReportsCubes Combined Reports
Visual Representation
Descriptive Analysis Summary Statistics
Database GrowthRFM AnalysisAcquisition – Path to purchaseBehavior by day/hour/segment, etcCustomers by channels and their multichannel purchases
OrdersAOVSales % per SegmentTop Categories/ProductsProduct AffinityOverview by Store, etc
Stores Performance (PNL, BDM)Wholesale PerformanceChannels Overview
Campaign EffectivenessAcquisition driven by campaignsTop ProductsClusteringAds Performance
Data Warehousing – Our Business Intelligence
Changing old habits
Data migrations Integrations
Special requirements
Management decisions – the unwillingness to onboard
Others – Expecting too much too soon; lack of adequate budget; CRM management champion; bad vendor experiences; security concerns; integrations concerns; Infrastructure concerns; technology and constant updating.
Common challenges
When cookies are gone, what’s next?
Return to your system logs and first party relationships
Invest in CRM/CDP and integrate your data
Combine the above = highest odds of identifying an individual.