3 steps to selecting the right KPIs to measure the effectiveness of your campaigns

is that well-known saying we all keep hearing? What gets measured gets done.

To optimize your marketing personalization campaigns, you need to make sure you’re measuring the effectiveness of your efforts.

Measurements help inform key decisions, align everyone in the organization with a common goal, and indicate that you’re making meaningful progress.

The question is, what should you be measuring?

Gathering and analyzing the wrong metrics is not only a waste of time and resources but it may also paint a wrong picture of the performance of your campaigns, preventing you from making the right adjustments.

Here’s how to make sure you’re gathering and analyzing the right metrics and key performance indicators (KPIs):

How to define personalization KPIs and measure the effectiveness of your campaigns

Step 1: Identify your objectives

Marketing personalization is a powerful strategy that can deliver a lot of benefits to a business.

However, you should limit the number of goals so you can focus your efforts and gather meaningful data.

Your objectives will depend on your industry, your business model, and the stage of growth of the business. Here are some examples:

  • Improve sales performance
  • Increase repeat purchases and brand loyalty (e.g., customer lifetime value)
  • Drive traffic that converts
  • Strengthen brand recognition and engagement
  • Increase the number and quality of generated leads
  • Increase content ROI
  • Increase average order value
  • Increase customer lifetime value

Step 2: Define your KPIs

Based on your marketing objectives, you must define which metrics can best indicate the progress of these goals.

Your metrics need to be quantifiable. In addition, you must also distinguish between leading KPIs and lagging KPIs so that you can extract appropriate insights from the metrics.

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For most marketing personalization campaigns, KPIs often measure the performance of the sales funnels or the effectiveness of the customized content or offers. Some of these include:

  • Conversion rate
  • New vs. returning visitors
  • Customer/visitor loyalty
  • Bounce rate
  • Website traffic to lead ratio
  • Top traffic sources
  • Click-through rate
  • Engagement score
  • Average session duration
  • Average page views per visit
  • Average order value
  • Revenue per visit

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Make sure to select metrics from which you can extract actionable insights. Otherwise, you’ll be crunching a lot of numbers without being able to take impactful actions.

Step 3: Measure and analyze

Before you start any campaign, establish benchmarks so you know whether you’re indeed making improvements. These are your baseline metrics from which to start the personalization efforts.

Make sure you’re integrating metrics from all the systems you use, such as eCommerce and CRM platforms. Whenever possible, send all information to one centralized dashboard so that you can gain a holistic view of your personalization campaign performance.

Last but not least, metrics need to be measured consistently over time and across segments so you can extract accurate and meaningful insights.

I’ve got the insights, now what?

The ability to gather and analyze customer data to extract insights is the first step to running effective personalization campaigns.

Next, you have to put the information into action by applying the insights to improve your personalization strategies.

NectarOm’s Decision Engine helps you identify individual customers who are most likely to respond to a particular strategy or campaign, so you can increase your marketing ROI by matching your content and offers to each customer’s preferences, brand interactions, and habits.

How to improve patient acquisition and retention for your medical practice or healthcare facility.

The healthcare industry has been going through a massive change. With the dramatic shift in health insurance policies and consumer behaviors, patients are stepping up to take better control of their healthcare choices.

In addition to this, as more patients are covering a larger portion of their healthcare bills, providers need to put more efforts into marketing directly to consumers.

Here are the latest healthcare marketing strategies to help you meet the fast-evolving patient expectations while improving patient acquisition and retention.

4 latest marketing trends in the healthcare industry

The key to attracting more patients to your medical practice or healthcare facility is to deliver an outstanding patient experience. Here’s what successful healthcare marketers are doing to succeed:

1. A patient-centric online portal

Consumers are now accustomed to managing their relationships with retailers and service providers via a robust online platform.

You need to offer a sophisticated, secure, and user-friendly patient portal that can handle most of the day-to-day patient interactions, such as paying bills, making appointments, checking test results, ordering prescription renewals, obtaining medical histories, and even conducting virtual consultations.


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2. A search-engine optimized website

Consumers are now more comfortable with using online searches to look for a medical facility or a healthcare provider.

Your website needs to be optimized for local SEO so it’ll show up in the “local pack” at the top of the search result pages when users search for “_________ near me.” You can also build backlinks and drive more traffic by getting online reviews on Google and third-party websites.


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As digital assistants such as Siri, Alexa, and Google Assistant are gaining popularity, more than 50% of searches will be voice-based by 2020 — your website content needs to be optimized for voice search. You can do this by focusing on long-tail key terms, using patients’ language, and providing local information.

3. Real-time patient support and interaction

With the latest customer support technologies, consumers are used to getting their questions answered and problems resolved in real time.

Providing best-in-class support is the key to improving your patient acquisition and retention rate. Make sure patients can contact your team via multiple channels such as email, text, phone, social media, and live chat.

In addition to this, don’t just interact with your patients only when there’s a problem! You can use the same channels to increase their engagement with your brand by sharing valuable content and gathering feedback.

4. Marketing automation and personalization

Consumers expect relevant content, information, and offers from their service providers. You can use marketing automation and segmentation strategies to deliver a highly personalized experience that meets patient expectations, increases engagement, and improves retention.

A robust marketing personalization platform allows you to deliver an omnichannel patient experience through multiple touchpoints, such as email, social media, text messages, printed materials, and so on to provide the most relevant and helpful content so you stay top of mind.

Hyper-personalization will drive the future of healthcare marketing. Request a demo to see how you can use our robust customer data management system to unlock the power of this marketing strategy.

3 ways to use personalized emails to get customers to buy more from you

Customer lifetime value (CLV) is a metric closely related to the profitability of a business.

It’s a measurement of customer loyalty and how well you’re catering to their needs so that they buy from you again and again.

Why’s that important?

The cost of acquiring a customer is much higher than that of retaining one. In addition, loyal customers are more likely to tell others about your products and services, thereby increasing your sales through word-of-mouth marketing.

It pays to invest in cultivating customer loyalty, which will help increase the amount they spend on your products or services over time.

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Thanks to its cost-effectiveness, personalized email marketing remains one of the best ways to cultivate customer loyalty.

Email marketing has a median ROI of 122%, which is over 4 times higher than other marketing formats. Meanwhile, the average order value from personalized emails is 5% higher and conversion rates are 6% higher, compared to those that aren’t personalized.

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So how do you use email personalization to increase customer lifetime value and encourage recurring purchases?

1. Optimize customer segments by CLV

You can segment your email list by profitability, such as not-profitable (20%), profitable (60%), and very-profitable customers (20%). This way, you can send personalized emails with the most relevant content and offers to increase purchases from each segment.

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For example, you can move customers in the “not-profitable” segment into the “profitable” segment with a special offer or cultivate relationships with your “profitable” or “very-profitable” groups so they’d stick around and buy more.

The goal is to move as many customers as possible into the “very profitable” category and increase the average CLV.

2. Reward customers for their loyalty

Offering rewards via personalized emails is a great way to add value to the relationships that customers have with your business and increase their CLV.

A research has shown that customers who make one purchase have a 27% chance of coming back. Meanwhile, second-time customers have a 54% chance of returning for a third purchase.

There are many ways to show your appreciation to your existing customers, by adding special discount codes, offering a free gift with purchase, sending an exclusive invite to an event, or giving them early access to a sale.

3. Upsell and cross-sell relevant products

Customers have very little tolerance for marketing messages that aren’t relevant to them. In a survey conducted by Accenture, 44% of consumers indicated that they’re frustrated when companies fail to deliver relevant, personalized shopping experiences and 41% of consumers have switched brands because of that.

By offering highly personalized product recommendations via email to existing customers based on their preferences and purchase histories, you can upsell and cross-sell items to entice them to buy more from you and increase their CLV.

For example, JustFab leverages interest and behavioral data to encourage repeat purchases through personalized email campaigns. These highly targeted recommendations increased email revenue by 39% and cut customer churn by 46%.

The foundation of effective email personalization

In order to personalize your emails effectively to increase customer lifetime value, you need a comprehensive customer database and the ability to organize the information for your email campaigns.

A robust data management platform (DMP) provides the solid foundation for processing all your customer information in a centralized location so you can extract actionable insights to increase your customer lifetime value.

How personalization technologies are helping medical practices improve patient acquisition and retention.

The healthcare industry has become increasingly decentralized and consumer-centric, thanks to shifting patient expectations and insurance policies.

As people are taking a more active role in managing their health and wellbeing, they want their healthcare providers to do more than just making a diagnosis and writing a prescription.

Today’s savvy patients are used to receiving highly personalized services from businesses and they expect the same from their healthcare providers.

Here’s why personalization is the future of healthcare marketing:

1. Deliver a holistic patient experience

Healthcare isn’t a one-off transaction with a single seller. Patient experiences often involve interactions with multiple providers and facilities over time, as well as support for personal and emotional issues.

A personalization strategy, driven by a customer data management platform, allows healthcare providers to access all the patient data at a single location. They can gain a comprehensive understanding of each patient’s history and deliver a holistic experience that includes customized recommendations most relevant to each patient.

Not to mention, personalized interactions will help you build long-term and trusting relationships with your patients and improve the quality of care.

2. Improve patient acquisition and retention

Personalization technologies can help you acquire and retain more patients by delivering the right message in the right place at the right time to the right audience.

For example, you can send highly-targeted content to patients with specific conditions and reminders for checkups or vaccinations. This will help you stay top of mind, build trust, increase patient engagement, and get more patients to return to your practice for continuous care.


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When supported by a robust customer data management solution that provides a single customer view, your team can access each patient’s history and preferences in real time to improve efficiency and quality of care while reducing errors and frustrations.

For instance, by seeing all of a patient’s conditions and treatments in one place, you can help them better navigate their health insurance coverage. As you add value by personalizing patient interactions, you’ll also improve patient retention.

3. Increase patient satisfaction and word-of-mouth referrals

Personalization technologies help a medical team care for the patients more compassionately by developing personal relationships with them.

Such technologies also streamline the patient experience, making it more convenient and less time-consuming to visit a medical practice.

Patients will have more positive interactions with your practice, be more motivated to continue their care, and follow through with their treatments. This will lead to better outcomes and higher patient satisfaction.

Last but not least, most people still look for personal recommendations while choosing a healthcare provider. When you offer a highly personalized experience that improves treatment results and patient satisfaction, you’re more likely to get word-of-mouth referrals, which is often the best way to market your service.

Apply marketing personalization to augment patient experience and improve patient retention.

The healthcare industry is becoming increasingly competitive while patients expect interactions with a provider to resemble other consumer experiences.

In order to stand out from your competition, as well as to attract and retain more patients, your medical practice needs to deliver an excellent patient experience that makes receiving care from you convenient and seamless.

With the aid of advanced marketing technologies, many businesses are now delivering personalized user experiences that have helped them increase customer acquisition and retention.

These strategies can be applied to the healthcare industry as well and here’s how you can augment your patient experience:

1. Personalized website content

Sharing helpful and relevant content with your audience and patients can help build trust and relationships. In addition, users are more likely to return to and engage with your website if they can find what they need easily.

You can program your website to show customized information and make content recommendations to the visitors based on a variety of criteria. For example, the search terms they use, the links they click on, the pages they have visited, or in the case of registered users, their medical histories and preferences.

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2. Customized patient portal

More and more consumers prefer to manage their relationships with service providers online via a self-service portal. A customizable patient portal can help you deliver a seamless experience that’ll improve patient retention, reduce errors, and lower administrative cost.

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Deliver a fast and convenient experience by incorporating each user’s medical history, preferences, and other personal data into the patient portal experience. Posting reminders and offering the ability to schedule an appointment, pay invoices using saved payment information, and order prescription refills are a few examples of this.

3. Targeted email marketing

Marketing automation and email personalization have been proven to generate an ROI of as high as 400% when combined with proper segmentation and content targeting strategies.

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By sharing targeted content that’s most relevant to each recipient, you can stay top of mind and nurture relationships with your audience. Such content can include information on specific medical conditions, event announcements, and seasonal resources.

You can also improve patient retention or re-engage lapsed patients by sending out reminders for regular checkups or vaccination visits and make it easy for users to set up an appointment through your online portal.

4. Omnichannel patient support

Consumers want to interact with businesses through their preferred touchpoints and be able to “pick up where they left off” if they switch channels in a middle of an interaction.

They also expect such interactions to take their histories and preferences into account so they can receive personalized content, recommendations, and solutions.

By using a customer data management platform, you can set up a single customer view to facilitate patient communications and ensure that your team is accessing the latest information in real-time to provide the best support possible to improve patient satisfaction.

4 keys to increasing patient acquisition and retention with personalized content and offers.

Personalization has become one of the most effective marketing strategies for any business to improve customer acquisition and retention by increasing audience engagement and building relationships

It’s no different in the healthcare industry. In fact, with an overwhelming amount of health-related information available, it is now more important than ever to deliver content and services that are helpful and relevant to your patients.

Here are some essential steps to designing a personalization marketing strategy for your healthcare practice:

1. Create personas and map out the buyer’s journey

The first step to successful personalized marketing is understanding your audience by creating a series of buyer personas. Here’s a great tool to get you started.

These personas help you identify your patients’ priorities, the questions they have, the language they use, and their main concerns so you can design communications that speak to them. You can leverage this information for creating your content, designing your offers, and setting up your promotional strategies.

You also need to understand where your patients are in their decision-making process; for instance  they could be researching a medical condition, looking for a provider, or ready to schedule a visit. You can deliver the most relevant content and offer at the right time.

2.  Design targeted content and offers

When you have gained a clear understanding of your patients, identified where they get their information, and segmented your audience according to a variety of criteria, such as health conditions, you can then design targeted content and offers to deliver an individualized experience in the right place and at the right time.

Distribute the information and offers through multiple channels, such as personalized website content, emails, phone, printed materials, and social media, based on the patients’ preferences and past interactions with your content to maximize engagement and conversion.

3. Communicate the privacy policy

In a survey, 49% of consumers don’t mind businesses having a certain amount of their information so they can receive content and offers that are more relevant.

However, healthcare services involve more private and personal information than a typical retail business so there’s a fine line to tread when you use patient information to deliver personalized content.

To reinforce trust and patient relationships while distributing targeted content, you need to clearly communicate your privacy policy and how you utilize patient information before adding your patients’ information to your CRM system.

4. Analyze the data to understand user behaviors

There’s no one-size-fits-all personalization strategy and there’s only one way to find out what really works for your market and your practice, and that’s by analyzing the data to understand how your patients interact with your content and respond to your offers.

To effectively implement a marketing personalization strategy, collect patient information, and analyze the data to fine-tune your marketing communications, you need a robust customer data management system that provides you with a single customer view and offers content recommendations.

Request a demo to talk to our personalization expert and see how Nectarom can help you deliver a personalized patient experience.

3 ways artificial intelligence is used to augment customer experience

Consumers are facing more choices every day and the sense of overwhelm is often paralyzing. Instead of making a decision, many simply defer making purchases.

In addition, when shoppers aren’t getting the products that are right for them, they’re more likely to return the items. This eventually increases cost and impacts profits.

Using AI-driven technologies, such as machine learning, predictive analytics, and natural language processing, marketers can now leverage customer data and use marketing personalization to offer customized recommendations that help consumers reduce overwhelm and find the most relevant products.

Here’s how AI is changing and improving marketing personalization:

Personalize interactions at the individual level

Accenture found that 41% of U.S. consumers have switched brands due to lack of personalization in their customer experience.

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In the past, most product recommendations were made based on broad-stroke segmentation, static demographic, or transactional data that may or may not be the best fit for each individual customer.

By using AI technologies, marketers can now identify and analyze consumer data from all touch points to offer the most relevant content, products, and services.

Besides basic information, AI can incorporate real-time data such as location, context, and behavior to deliver the most appropriate customer interactions.

For example, by combining location information with a customer’s preferences and past purchases, TGI Friday was able to increase conversion rate by 35%.

Increase the effectiveness of content marketing

Prospects and customers at different stages of their customer journey have unique questions and concerns. You need to deliver the right content to the right place at the right time to effectively move them along the funnel and shorten your sales cycle.

AI-driven technologies can analyze user interactions with your brand on multiple channels in real time and deliver the most relevant content or offer through the most appropriate platform to increase your marketing ROI.

For example, when a prospect has visited your website multiple times, shown interest in content on a particular topic, and reviewed the sales page of a certain product, you can deliver content designed for the consideration or purchase stage to help close the sale.

Improve pre and post-sales customer support

Chatbots often come to mind when we talk about AI and natural language processing. From live chat to messenger apps, chatbots can facilitate pre and post-sales support to increase conversion and improve customer satisfaction.

By programming a series of chatbots to answer specific questions or send complex queries to agents, you can reduce wait time, help shoppers make better purchasing decisions, and provide real-time support to existing customers.

For example, Winne is a chatbot that assists website owners to choose hosting providers. 72% of users who use this bot on Facebook Messenger click through to an affiliate hosting provider.

 

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Effective AI-driven personalization Starts With the Right Customer Data

In order to optimize the use of AI technologies, you need to ensure that your customer information is well-organized in a centralized database and can be updated in real time based on customers’ interactions with your brand.

A robust data management platform (DMP) is the foundation of any effective AI-driven marketing strategy, which allows you to capture meaningful data and extract actionable insights.

To see how our customer data management system and decision engine can help you take marketing personalization to the next level, schedule a demo today.

Deliver the most impactful message to drive traffic, convert sales, and build customer loyalty

 

The most effective marketing strategies deliver the right message to the right audience in the right place at the right time to drive traffic, build relationships, convert sales, and build customer loyalty.

Understanding your customer lifecycle stages can help target content and deliver a personalized shopping experience to your prospects and customers.

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In this article, we’ll look at the different customer lifecycle stages and how you can optimize your shopping experience:

Define your customer lifecycle stages

The first step is to review your buyer’s journey and define the various lifecycle stages, which may vary slightly depending on your industry and business model. In general, all customers go through the following: the awareness stage, the consideration stage, the decision stage, and the retention stage.

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Apply personalization to customer lifecycle stages

Using a marketing personalization strategy, you can deliver the most relevant content and offers to each customer based on their lifecycle stages:

Awareness stage

Prospects at this stage are searching for a solution to their challenges and may not yet know about your brand.

Based on their browsing behaviors, such as clicking through to your website while performing a search on a particular keyword or reading a few articles on a particular topic on your website, you can recommend more relevant content to build trust and establish brand awareness.

You can also entice visitors to sign up for a lead magnet so that you can capture their information and build a 360-degree customer profile, which will allow you to further understand their preferences, behaviors, and needs for future personalized interactions.

Consideration stage

At the consideration stage, prospects are evaluating the different solution categories for their problems.

You can personalize the website experience to focus on content designed for this stage, such as by providing the pros and cons of each solution category.

They’re also likely to be on your email list, so you can send them personalized emails with links to such content or create a custom audience for your social media ads to promote these links.

Decision/purchase stage

Your prospects have decided on a solution category and they’re deciding who to purchase from.

They have probably visited your website a few times, viewed the sales pages, and researched about your products or services.

Send personalized emails or recommend website content designed for this stage. For instance, you could make use of demo videos, case studies, and testimonials.

You can send cart abandonment emails and include a special offer to entice them to take action.

Leverage pre-sale support, such as live chat, messenger app, or searchable knowledge base, to answer questions, address objections, and deliver a personalized customer experience that will help increase conversion.

Retention/advocacy stage

After your customers have made the purchase, continue to offer a personalized experience to build loyalty, entice them to make recurring purchases, and tell others about your products or services.

You can send personalized emails to share customer-exclusive content, perhaps an email on the different ways of using the products they have purchased, or recommendations and special offers on related and relevant products.

You can also personalize post-sale support by associating customers’ profiles to the products they have purchased so that you can direct them to the most appropriate resources when they log onto their accounts or get in touch with your customer service department.

Customer database: the foundation of effective personalization

A robust customer database is the foundation of an effective personalized experience appropriate for each stage of the customer’s journey.

Our data management platform (DMP) allows you to centralize your omnichannel customer data and organize the information in real-time so you can deliver the most relevant content to your prospects and customers based on their latest interactions with your brand without missing a beat.

GDPR helps increase transparency and trust. Here’s what you need to know to stay compliant

For online marketers, General Data Protection Regulation (GDPR) has been creating quite a stir.

This new EU law, which will go into effect on May 25, 2018, is designed to give individuals more control over their personal data.

It affects how companies gather and utilize information from their website visitors, prospects, and customers.

In short, marketers aren’t allowed to collect, store, or use the personal data of any European Union (EU) citizen without an explicit consent.

The key areas covered by GDPR include breach notifications, right to access, right to be forgotten, data portability, privacy by design, and the appointment of a data protection officer.

GDPR In the age of personalization

What does GDPR mean for marketers who use a data-driven approach and personalization technologies in their marketing strategies?

Here are a few critical GDPR concepts you need to know when collecting information and obtaining consent:

Legitimate interest

You don’t need permission to obtain or use personal data when there’s legitimate interest behind the request for the information. For example:

  • When a visitor comes to your website and you need to present personalized offers so that you can market to them efficiently.
  • When a shopper is making a purchase and is expected to provide relevant information to complete the transaction.

Permission required for everything else

You can only collect data without explicit consent for the “main action” that visitors are expected to accomplish by providing their information. For anything else, you need permission.

For example, when a customer makes a purchase on your website, you don’t need consent to get the information required to complete the transaction. However, you do need permission if you want to add them to your email list or obtain additional information to personalize marketing messages in the future.

Individual rights

GDPR covers several individual rights, including the right to access, the right to object, and the right to erase.

Under the right to object, individuals can request a company to permanently stop all permission-based marketing and personalized communications. Under the right to erase, individuals can ask to have all their data deleted and be treated as a new user whenever they visit your site. This implies, that on their next visit, they will not see any personalized content.

Make GDPR work for you

GDPR helps increase transparency, which will ultimately help you cultivate more trust with consumers.

Most consumers appreciate personalized content and they’re willing to provide their information to the business that they trust.

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Becoming GDPR-compliant offers an opportunity to clean up your database and obtain the necessary re-permissions.

The process will help you better utilize the existing GDPR-compliant information to segment your audience, create highly targeted groups, and distribute personalized content.

Your liability increases as you collect more data. You should get clear on your personalization strategy and only ask for data that is necessary for effectively communicating with your customers and serving them better.

In addition, ensure that you’re storing the data in a secured centralized customer database so that you can manage the safety of your customer data while leveraging them effectively for your marketing initiatives.

How to increase the quality of your customer data for effective personalized marketing

Marketing personalization has become an indispensable strategy for retailers who aim to increase sales and improve customer loyalty through the use of targeted content and offers.

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While having the right technology is important, the foundation for implementing an effective personalization strategy is the quality of your customer data.

Without accurate information, you won’t be able to deliver targeted content in the right place at the right time to the right audience.

How to clean up your customer database for effective personalized marketing

It’s important that you regularly clean up your database and audit the sources from which you collect the information to ensure that the customer data is supporting your marketing personalization strategy:

Review web forms

If you’re generating leads by using web forms, ensure that you’re collecting relevant information that helps in targeting your audience effectively.

Consider whether you’re asking for the right kind of data at the right level of detail. Gathering too few details doesn’t allow you to effectively segment your audience while requesting too much information can cause form abandonment.

Audit data fields

Duplicate fields or repetitive information in your customer database can cause errors and confusion.

Ensure that the fields in your customer data management system are set up correctly so that data from web forms, lead generation mechanisms (from your website, social media, or messaging apps), and eCommerce platform is categorized and collated correctly to support your personalized marketing campaigns.

Refine segmentation

Audience segmentation isn’t “set it and forget it.”

Revisit the way you’re segmenting your audience periodically to ensure that it’s supporting your overall marketing strategy.

You can also enhance audience segmentation with the information you gather during the user-interaction sessions with your brand. This includes the products they’re interested in based on their browsing behavior and the questions they ask during a live chat session.

Set up single customer view

To effectively collect and utilize all the available customer data, you need to create a 360-degree customer profile so that the information can be stored in and accessed from a centralized location.

A single customer view allows you to gather relevant customer data and effectively leverage the information to deliver a customer-centric experience through personalization.

Review analytics

There are many different ways to deliver personalized content and offers. Are you leveraging the right customer data to form your strategy?

The best way to find out is to review your analytics and see if your personalization strategy has been effective in driving traffic and generating sales.

If the metrics aren’t meeting your expectations, you’ll have to adjust and test your personalization rules to ensure that you’re using your customer data in a way that helps deliver the most effective content and offers.

Build a solid foundation with a robust customer data management system

After you put in the work to clean up your customer data, ensure that it’s managed and utilized in a way that will help you implement personalization marketing effectively.

A robust customer data management system has become indispensable for marketers who want to use personalization to increase the effectiveness of their omnichannel marketing initiatives.

Request a demo to see how our customer data management system can help you derive customer intelligence and actionable insights so you can make data-driven business decisions and achieve your marketing goals.