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1/20/2023
CRM, SSBF (2022-24)
Categorization based on information
• Prospect database
• Customer database
- Basic information
- Information about demographics (age, income, sex etc)
- Psychographics (Lifestyle)
- Transaction history
-Other relevant information (like referrals, satisfaction index,
loyalty etc)
• Cluster database (common interests, attitudes, purchasing habits,
and preferences)
• Enhancement database (change of address, income, new products
bought, their transaction history, demographics, psychographics etc.)
1/20/2023
CRM, SSBF (2022-24)
STP process
• Segmenting markets
• Targeting markets
• Positioning markets
1/20/2023
CRM, SSBF (2022-24)
Segmentation
• Why?
• How?
• When?
• Passive database
Campaign A Database Campaign B
• Active database
Database Strategic Plan Marketing
Program
1/20/2023
CRM, SSBF (2022-24)
Data warehouse
• Data warehouse is the central repository of data which comes
into existence due to the integration of data collected from
various online as well as offline sources of the organization.
• It includes present as well as the historical data and are
therefore used for creating trending reports which are helpful
for senior management for making annual and quarterly
comparisons.
• It supports analytical reporting of companies, queries asked
for in structured/ad-hoc way and also in its decision-making
process.
• The data are stored in a secure, reliable and are managed and
retrieved easily based on the requirements of the company.
1/20/2023
CRM, SSBF (2022-24)
Data warehousing
• Offline data warehouse: In this stage the data warehouse is
updated further from the data received from the operational
systems (customer, sales, products) on a regular basis. This is
then it is stored in a data structure which is designed to facilitate
the reporting system.
• On time data warehouse: In this stage the data is updated for
every transaction performed on a real time basis in the source
data.
• Integrated data warehouse: In this the data coming from
different areas of business are assembled. This is done so that
they can look up for information whenever they need across any
other systems.
1/20/2023
CRM, SSBF (2022-24)
Data warehouse tools and utilities
• Saving of time
• More accessibility
• Ability for further linking of data based on
various requirements as visualized by the
organization from time to time
• Ability to network with customers through
various campaigns
1/20/2023
CRM, SSBF (2022-24)