Building
customer relationships is vital to your business,,, |
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Do
you know your customers? |
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Do
you know how your customers behave? |
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Who
are your most profitable customers and what drives their behaviour? |
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What
customer segments exist? |
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Which
segment will be the most profitable for your company? |
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What
profitability drivers exist in your company? |
These
are some of the questions that will help you to understand your
customers and what drives their behaviour. In this way your company
can create a customer relationship based on the understanding of
your customer needs and wants, and be able to supply the customer
with what they want.
Managing
customers and their information is of vital importance to any company.
In fact, maintaining and perfecting customer relationships is one
of the most important strategic differentiators for modern day business
information moving into the future and beyond.
Discovery
has the key skills in helping your company understand their customers,
how they behave and what drives this behaviour. This will allow
your company to service your customers better, retain them and therefore
increase their customer lifecycle profitability loop.
What
is Customer Relationship Knowledge (CRK)? |
CRK
is a term used to encapsulate the process of: |
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Finding
new customers |
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Retaining
customers |
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Convincing
them to buy your products or use your services |
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Taking
care of them |
In
other words, CRK is the process of pursuing a goal to achieve the
most profitable customer relationships
a "perfect customer".
Therefore
the main purpose of CRK systems and processes is:
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Information
understanding and integrity so as to get one version of the
'truth'. |
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To
help your company understand the relationship between products,
customers and markets. |
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To
assist with the understanding of customer behaviour. |
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To
have the knowledge of what drives your business and thus assist
in getting new customers. |
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To
assist in tailoring products and services to the customer. |
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To
assist with customer retention and creating loyal cus-tomers. |
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To
highlight and thus reduce defaulters. |
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To
segment and cluster your customer base. |
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To
aid in the reduction of channel costs, e.g. Internet. |
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How
will Discovery assist your company?
Discovery can provide your company with the following customer
relationship knowledge (CRK) functions:
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Quantitative
and qualitative market research |
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Customer
relationship management (CRM) and database mining |
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Psychographic
profiling |
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Segmentation
and cluster analyses |
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Competitor
analysis |
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Project
management and development of relevant manage-ment and executive
information systems |
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Management
and executive reporting |
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Systems
requirements and CRK systems implementations |
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Skills
transfer |
Discovery
will assist in the re-evaluation of your businesses approaches and
values, redesigning its marketing and communications procedures.
This is done by mapping your company's Key Performance Indicators
(KPI) and then highlighting inefficiencies to develop new strategies
and thus achieve synergies for sustained profitability.
Why
Discovery?
Discovery
has a proven project methodology that provides the framework for
maximised benefit.
Discovery
provides end-to-end CRK business solutions.
Discovery
uses "best of breed" technology to assist in the creation
of a sustainable CRK system.
Discovery
also has the following core competencies that will help in the provision
of a fully packaged CRK system:
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Human
resources and industrial relations management |
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Call
centre technologies |
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Operational
infrastructure and LAN (Local Area Network) management |
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Financial
management and modelling |
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Business
process improvement |

Discovery
Your Partner in Change
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