This information is stored in a centralized database accessible to authorized users. Segmentation Once the data is collected it needs to be segmented into different categories based on various parameters such as geographic location age gender past purchases etc. Such segmentation helps businesses create targeted marketing campaigns for specific customer groups.
Scoring The next step is to score customers based on their potential value to the business. The scoring process takes into account a customer's previous purchases transaction history social media engagement and other relevant data to calculate mobile app development service a score that indicates the customer's potential value. Prioritization After evaluating customers the next step is to prioritize them based on their potential value.
This prioritization helps companies focus their marketing efforts on valuable customers and prospects. Actionable information The final step is to generate actionable information based on collected segmented evaluated and prioritized data. This information helps companies create effective marketing strategies personalized communications and targeted offers for their customers.