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All Customer Management systems rely on customer information. Knowing what is
the relevant customer information and having it available at just the right
time for each and every customer is crucial to maximising the return on a Customer
Management investment. Customer Information is the foundation upon which successful
Customer Strategies are built.
Typically, sources of most of the Customer Information are the legacy product
systems where demographic data is primarily collected to support the administration
of the customer's products and services. The usefulness of much of this
data is limited, and it needs to be significantly augmented and enriched for
relationship marketing initiatives to succeed.
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