Loyalty Programs Gone Right – Constructing the Utopian Loyalty Program

As a follow-up to a prior article around loyalty programs gone wrong, herein we define what a utopian loyalty program would like (one which not only satisfies members, but more importantly, has a positive impact on the bottom-line), while highlighting some best-in-class programs that have got it somewhat right… You can download PDF version of…

Product Network Analysis – The Next Big Thing in Retail Data Mining

One of the biggest challenges retailers have is the depth of data available for decision making, especially if they don’t have a loyalty program. Though limited, are retailers nonetheless maximizing use of their existing data today? The answer is no. Product Network Analysis opens a new range of insights which can maximize return on category…

Effective Channel Management Strategies – Segmenting the Channels

Channel analytics, the often neglected sibling of customer analytics, presents significant opportunities for companies seeking to better their channel-related performance, especially those in industries with large distribution networks (such as financial institutions, telecoms operators, retailers, automotive distributors, etc.)… You can download PDF version of this whitepaper here. What? In today’s marketplace, where the number of…

Five New Opportunities in Credit Card Analytics

By now, many leading banks and credit card providers have already invested in basic credit card analytics, such as value, behavior and needs/lifestyle segmentation, churn prediction, and credit risk analysis. Is this the end of road for customer insights in the field? Hardly so – this article summarizes five relatively niche ways of using credit…

Channel Migration Strategies – Matching Customers to the Optimum Channels

As the number of channels which a company can service its customers through has proliferated over the years and will likely continue to, strategies need to be developed that turn into actions aimed at shifting certain customers to certain channels, in order to best optimize the cost of servicing customers vs. the level of service…

Utilizing Analytics to Customize & Optimize Retail Networks

Location, location and what was the third? Although location is known to be the key ingredient for success in retail, it is not the only criteria in driving sales. Often, the wrong combination of employees, lack of local marketing and various other factors can diminish returns on investment in a premium location… You can download…

One Size Does Not Fit All – Customizing Retail Chain Sales Points

One of the factors that has helped make the retail chain concept so successful globally is that customers are ensured a similar level of service, access to similar products, and  a standardized level of quality, regardless of which of the retail chain sales points they visit. Customization provides an opportunity to make this concept even…