Database
marketing (DBM) collects information on customers to learn
how they might be better served, thereby increasing your value to
them and their value to you. Western Shores Database Marketing is
a customized combination strategic and technical activities which
allows a business to market products, services or events in a 1-to-1
fashion. The "data" in database marketing initially meant the basic
customer data - name, address, and not much more. This data was used
to automate transactions and undifferentiated mailings such as billing
inserts and product promotions, now much more!
Keys
to Successful Database Marketing
We offer the ability to :
• Use all available channels to collect information about your customers.
• Use the information to tailor products and services to individual
customer needs and preferences.
The
Continued Growth of Database Marketing:
• the introduction of point-of-sale technologies that capture data
on customer purchasing behaviour, and
• the realization that all points of contact with customers can yield
valuable information.
Taken together these developments allow businesses to understand and
treat their customers as individuals. Once customers are recognized
as individuals it is possible for businesses to create unique two-way
relationships with them based on knowledge of their individual habits
and preferences.
The
resulting interactive dialogue becomes mutually reinforcing: the
business learns more and more about individual customers while individual
customers become increasingly reliant on, and loyal to, the businesses
that serve their specific needs. This is the underlying notion of
customer share determining who your best (most profitable)
customers are and selling more to them.