Retail marketers need to continuously innovate in their marketing strategies to find ways of engaging their walk-ins to convert them to customers and then engaging with their customers to create valuable long-term associations that can be mutually rewarding. Creating customer engagement strategies requires a deep understanding of the correlations between their profile and their purchase patterns to be able to carry out micro-segmentation of customers and then run cost-effective one-to-one campaigns for the customers.
Innoviti’s Marketing Technology Solutions based on its uniPAY plat form, is an end-to-end database marketing solution that helps marketers understand their customers and provide them with relevant offers that can help increase margins and sales. A key element of this platform is the ability to segment the customers into micro-segments, dynamically associate offers for each segment and then deliver them in cost-effective ways that can result in high offer conversion.
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| Program Material Design | Program design services including form, cards and welcome kit design. |
| Program Currency Design | Design of point system, breakage factor, tier system and privileges |
| Data Gathering | Through dedicated devices or retailer's POS systems |
| Data Analysis | Recency, Frequency, Monetary (RFM) Analysis with Dashboard, Dynamics reporting |
| Data Warehousing | Secure, private hosting of data with mirrored backup for full data integrity |
| Direct / Mass Marketing | Through physical mailers, e-coupons, SMS, emails |
| Direct Marketing Offers | Recommendation for offers based on RFM analysis |
| Coupons and Merchandising | Central management of coupon and merchandise dispatch to segmented customer base. Management of redemption operations |
| Customer Interface Features | Brand customized web interface for every customer to check point status, order redemption coupons |
| Retailer Interface features |
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| E-commerce front-end | Optional integrated e-commerce front-end for providing
an
electronic store to loyal customers for purchase against points and/or
through electronic payment |
| ROI Monitoring | Monitoring of coupon usage, response to mail campaigns |