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MARKETING ADVICE &
INTERIM
MANAGEMENT
www.sidramarketing.nl
Sidra Marketing
LISETTE DAVIS
Marketing guide | Expert in Customer Lifecycle
Management
Portfolio
CUSTOMER LIFECYCLE
MANAGEMENT
What is Customer lifecyle
management?
Management of all interactions between you and your
customers
and improve customer experience
The human lifecycle
Phase 1
Education:
birth, grow up
Phase 2
Earning years:
Marriage,
housing, child
birth, raise child
Phase 3
Post
retirement:
Enjoy life,
grand parents
The customer lifecycle
Find potential
customers
Grow a
profitable
relationship
Acquire churned
customers
Keep customers
in and happy
Why?
 Improving the customer experience
 Insight in customers
 Customer loyalty
 Increase sales
 Save money
Customer lifetime value
Increase customer
loyalty of 1% is
equivalent to a
10% cost
reduction
(Bain & Co.)
How? Sidra 7-C model
© 7-C model - Sidra Marketing 2013
1.
• Customer insights
2.
• Customer value
3.
• Customer segments
4.
• Customer touch points
5.
• Customer journey
7.
• Customer loyalty
6. • Contact strategy
Tips & tricks
Focus on current
customers:
acquiring new customers
costs 5 times more than
keeping existing ones
For effective touch points:
flow two or more ways
and interact, don’t push
Loyalty is about service:
70% of customers leave
because of bad service
not because of bad
products
Stay ahead of changing
customer expectations:
customer engagement is
fueled by customer data
Create authentic
customer journeys!
SIDRA MARKETING
E-mail: lisette@sidramarketing.nl
Website: www.sidramarketing.nl
Mobile: +31 6 511 26 555

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Marketing Advice on Customer Lifecycle Management

  • 2. Sidra Marketing LISETTE DAVIS Marketing guide | Expert in Customer Lifecycle Management
  • 5. What is Customer lifecyle management? Management of all interactions between you and your customers and improve customer experience
  • 6. The human lifecycle Phase 1 Education: birth, grow up Phase 2 Earning years: Marriage, housing, child birth, raise child Phase 3 Post retirement: Enjoy life, grand parents
  • 7. The customer lifecycle Find potential customers Grow a profitable relationship Acquire churned customers Keep customers in and happy
  • 8. Why?  Improving the customer experience  Insight in customers  Customer loyalty  Increase sales  Save money Customer lifetime value Increase customer loyalty of 1% is equivalent to a 10% cost reduction (Bain & Co.)
  • 9. How? Sidra 7-C model © 7-C model - Sidra Marketing 2013 1. • Customer insights 2. • Customer value 3. • Customer segments 4. • Customer touch points 5. • Customer journey 7. • Customer loyalty 6. • Contact strategy
  • 10. Tips & tricks Focus on current customers: acquiring new customers costs 5 times more than keeping existing ones For effective touch points: flow two or more ways and interact, don’t push Loyalty is about service: 70% of customers leave because of bad service not because of bad products Stay ahead of changing customer expectations: customer engagement is fueled by customer data
  • 11. Create authentic customer journeys! SIDRA MARKETING E-mail: lisette@sidramarketing.nl Website: www.sidramarketing.nl Mobile: +31 6 511 26 555