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CASE STUDY Highly targeted marketing campaigns via SAS customer intelligence implementation INDUSTRY Telecommunications SERVICE Customer Intelligence Analytics Sharing best practices for digital transformation qforservices.com Background FAST FACTS Implemented SAS Customer Intelligence suite of solutions Integrated CMS with targeted systems including Intelligence Network ICMS and Smart System Created Separate Common Data Model to store campaigns executed & response results Conducted Workshops for various models & campaign types Created Business Contexts, Campaign Definitions, Communication and Export Definitions Leveraged Custom Diagram Tools (STP’s) in SAS CI Studio the Ask Financial institutions operate in an environment influenced by evolving customer expectations, regulatory changes and growing competition. This in turn has increased the need to manage operational risks effectively. The increasing complexities involved in banking activities and the dynamic environment comprising financial products and markets only heighten the operational risk profile of banks. Striving to strengthen operational risk management measures within its business and operations, the client was looking for an efficient way to manage risks within the organization. There was a dire need to improve data loss quality and operational risk reporting processes in order to measure and mitigate risks efficiently. The client also wanted to implement Basel II recommendations to meet regulatory requirements on time. Created Pre & Post Campaign Analysis Report 3 months prior to campaign execution Defined Calculated Items and Exclusion & Inclusion Criteria in campaign itself As a result, the company was looking to address limitations in optimizing communication channels to ultimately reach out to the right customer at the right time. The client wanted to leverage an effective Dynamic Campaign Management System (DCM) for capitalizing different communication channels including SMS, MMS, E-Mail, OIVR, and Call Centres to reach customers and help business in identifying, anticipating and satisfying customer requirements profitably. The end goal was to create highly targeted campaigns to attract profitable customers and generate more revenue Solution Quadrant 4 implemented SAS Customer Intelligence, a suite of SAS solutions designed to help create outbound marketing campaigns and manage inbound marketing communications. By implementing process-driven campaign flows, Quadrant 4 helped the client create campaigns easier, faster. Through integration and automation of key processes and workflows, Quadrant 4 streamlined marketing operations to link marketing strategy and performance with real revenue for collaborative planning, allocation, budgeting and program execution. Quadrant 4 leveraged modern data classification techniques to ensure the creation of targeted campaigns and leading-edge forecasting / modelling routines for analyzing past customer behavior. The web-based application, can be accessed by all authorized staff within the company’s marketing organization: • Marketers define communication strategies • Executives produce reports on marketing effectiveness • Campaign managers create target segments and execute campaigns • Analysts model and predict customer behavior featured Technology SAS Customer Intelligence is a suite of SAS solutions designed to create outbound marketing campaigns (SAS Marketing Automation), manage inbound marketing communications (SAS Real-Time Decision Manager), or administer both types of marketing communications. With SAS Marketing Automation, user can rapidly create, modify, and manage marketing campaigns. These campaigns can range from simple, singlechannel campaigns to sophisticated, multichannelffcampaigns, and from planned marketing programs to opportunistic communications that are aimed at a precisely defined audience. This ability to improve marketing activities can lead to a better return on marketing investment and a healthier bottom line. Results Key features include: • Ability to create, deliver and track high-volume, opt-in, personalized email marketing campaigns based on a thorough understanding of the customer • Coordination and optimization of outbound and inbound communications over multiple channels for hundreds of thousands or hundreds of millions of customers •Integrated prioritization and scheduling for complex, multi-channel, multi-stage campaigns • Efficient selection, screening and filtering of internal and purchased contact lists to produce clean, non-duplicated target lists, without reliance on the IT group • Dynamic response handling to automatically update customer contact history, response tracking and analytical processes • Tracking of “hard” responses (purchase decisions) and “soft” responses (subtle changes or trends in user behavior) recorded through conventional channels or e-media • Automatic updates to the central customer data warehouse of customer contact history, response history and analytical results • Automated, customizable alert engine for monitoring trends in campaign execution • Event Triggers to send alerts when most appropriate to reach out to customers • Digital Marketing featuring large scale multimedia messaging capabilities including email & SMS With the implementation of SAS Customer Intelligence, the client gained a 360° view of their customers, the ability to predict and evaluate the success of customer communications through advanced analyses, a central Repository for all campaign management solutions and the ability to track and audit efficiently. The comprehensive solution empowered the marketing organization to see customer responses and monitor those moving between segments over time. The client is now able to define target segments, prioritize selection rules, select communication channels and schedule and execute campaigns. “We are very happy with the exemplary dedication shown by Quadrant 4 throughout the project…an excellent understanding of SAS Solutions and the entire SAS architecture.” QSOURCE, a business division of Quadrant 4 System Corporation, provides a wide range of IT services to help organizations transform their business. As a trusted technology partner, we deliver technology solutions that meet our clients’ evolving business needs and deliver value to their core businesses. Within our analytics practice, Quadrant 4 implements best practices in customer intelligence analytics leading to proven results for increased overall retention rate, reduced marketing costs, increased customer base and a holistic view of customer behavior. Using segmentation and predictive analytics, we build analytical models as per a company’s marketing strategy and objectives and create and execute multiple relationship models including campaign management, email/mobile marketing, event trigger management and real-time decision making to their core businesses. Contact us at [email protected] For more information, please visit qforservices.com