Marketing
Transperien provides dashboard based solutions to track and forecast on fundamental metrics such as Client Retention, Client Churn and Customer Lifetime Value Analysis:
- Customer satisfaction
- Customer response rates (by channel) - direct mail response rate
- Web channel usage patterns
- Email subscription
- Email response
- Purchases made
- Volume of purchases over time by purchase type
- Discounts applied and profit analysis
Additional value added metrics include:
- Product offer response by segment
- Incentive response rates
- The length of time since a customer's purchase
- Retention: This is the ration of the number of retained customers to the number at risk
- Customer Counts: these are the number of customers of a firm for a specified time period - typically driven by contract periods and tenure - becomes more complex if you are trying to drive this across contracts to get a POV on a single customer - i.e. telecom across offerings, banking multiple products; Parma different product sets
- Customer Time: The length of time a customer stays in a program by profile - psychographic or demographic profile - women, aged 22 renew a subscriptions to magazine for 4 years before dropping from the program
- Customer Lifetime Value: the present value of the future cash flows attributed to the customer relationship
- Prospect Lifetime Value: The response rate times the sum of the initial margin and the CLV of the acquired customer minus the cost of the prospecting effort
- Average Acquisition Cost: The ration of acquisition spending to the number of new customers acquired
- Average Retention Cost: The ratio of retention spending to the number of customers retained.