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Customer LifeCycle Management SM Tap into YOUR hidden potential with

Customer LifeCycle Management SM Tap into YOUR hidden potential with DPS PerfectCircle Suite of Marketing Capabilities <Month Day, Year>. <Your name>. …How can you be sure you are optimizing your marketing investment when. there is a lot of options, a lot of confusion , and….

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Customer LifeCycle Management SM Tap into YOUR hidden potential with

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  1. Customer LifeCycle ManagementSM Tap into YOUR hidden potential with DPS PerfectCircle Suite of Marketing Capabilities <Month Day, Year> <Your name>

  2. …How can you be sure you are optimizing your marketing investment when there is a lot of options, a lot of confusion, and… Actionable data Vary the media Data Modeling Point of Sale merchandising CRM Owner Rewards Surveys Sales Force Automation Profiling Key tags Web marketing Intelligent offers Database marketing Coupon booklets Gift cards Gender based marketing Incentives

  3. …a lot of cookie cutter programs. With everyone essentially buying the same technology, where is the competitive advantage to be found? Actionable data Vary the media Data Modeling Point of Sale merchandising CRM Owner Rewards Surveys Sales Force Automation Profiling Key tags Web marketing Intelligent offers Database marketing Coupon booklets Gift cards Gender based marketing Incentives

  4. How do you make an informed decision that makes sense for you? ?

  5. First, begin by understanding how customers behave throughout their life cycle. Not including non-traditional after-sales products/services… SHOP BUY CONSUMER OWN Accenture 2004

  6. Integrated communications • Sustainable • Aligned with behavior • Lowers per unit costs • Keeps options open: (Flexible Customization) Then, Implement a Solid Marketing Strategy… …Introducing Customer LifeCycle ManagementSM

  7. What is Customer LifeCycle ManagementSM ? As it relates to Customer Relationship Management (CRM), customer LifeCycle Management (CLM) is used to describe the progression of steps a consumer goes through when: considering, purchasing, using, and maintaining a vehicle. The goal of lifecycle management is to pro-actively move the consumer through the cycle again and again bydefining the way in which an enterprise interacts & communicates with its customers and prospects at each phase of the life cycle.

  8. Why is LifeCycle Management important? For the average franchised New Vehicle Dealer: • Marketing and Advertising is the second largest business expense • 88% of the Marketing & Advertising dollars are spent in Mass-Media • Marketing & Advertising consumes 25% - 30% of the average new vehicle gross profit • Front end acquisition rates typically yield 50% capture of the total advertising influenced prospect base • 40% of “New” customers never generate a CP repair order • 70% of the customers “defect” within the first 3 years of ownership • Less than 15% of annual sales are to repeat customers YET - • 20-25% of their customer households will purchase a vehicle annually

  9. Why is LifeCycle Management important? For the average BMW Center regarding Aftersales: • Customer service intervals are more expansive • Many BMW Service centers are at capacity • Must maximize each visit / opportunity • Vehicles are built better and have more complex systems • Less parts sales • More computer programming repairs versus additional parts or labor sales • Co-op funding going untapped – why solicit more if you can’t handle it? • Need ability to consistently build value in the breadth and quality of BMW products & services • Accessories, Lifestyle & boutique items, warranties, etc. This slide is for BMW Centers only

  10. $ 8.3 Billion is spent each year in conquest advertising. STOP the Madness! $ 493.00 $ 1445 GP per unit Why is LifeCycle management important? Because current practices are a “going out of business” strategy! 30% of GP is consumed in ad costs Customer retention remains around 30%

  11. Four essential elements for Customer LifeCycle Management: • Actionable data • Timely and relevant, customer-centric communications • Consistent delivery of quality interactive processes and, • Ability to demonstrate and quantify the value each customer derives from the relationship.

  12. Flexible • Aligned with business objectives • Unique, Flexible, & proactive • Enterprise wide solution • Integrated communications • Permission based • Consumer behavior driven • Quantifies value for consumer • Facilitates shift in budget for no incremental expense Options: Options: In what way is PerfectCircle CLMSM different? PerfectCircle CLM Strategy Traditional “Retention Marketing” • Cookie cutter • Sold on price or other traditional metrics • Activity based • Focused on reminders, and traditional call center activity • Service dept focused • Not integrated with total marketing and advertising strategy

  13. Why DPS? Innovative Thinking • The ONLY CLM company in the automotive retailing industry • The FIRST company to offer bundled communication capabilities oriented around consumer behavior • The FIRST company to offer flexible fee structures • The ONLY company to offer complete customization of the program • The ONLY company to offer integrated marketing communications with a plug-n-play owner rewards program • The ONLY automotive focused DB marketing firm to bundle all of this with personal owner web pages Clear Solutions • Simple to understand suite of capabilities • Marketing strategies developed according to dealer objectives and unique market conditions • Hands-off, turn-key services that can be customized to individual preference • Marketing programs aligned and held accountable to dealer business objectives Measurable Results • The ONLY company to offer pre, and post implementation retention performance benchmarking • The ONLY company to offer performance reporting that is available in hard copy, e-mail , fax, and secure web based access to real-time data-driven reporting • Personalized, monthly service consultations and program adjustment recommendations

  14. DPS Capabilities Platform

  15. Next Steps • <list next steps here>

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