Higher cross-sell ratios. Sustainable growth. Greater customer loyalty. More profitable communications.
Did you know that 30 percent to 50 percent of a bank’s customer relationships are unprofitable? That’s a sobering statistic considering the amount of money financial institutions have invested in customer relationship management (CRM) projects. But research shows that most of those CRM projects have brought only efficiency gains – not profitability gains. Why?
How to Lose Customers in Five Easy Steps Download this e-book to learn about five common practices that lead banks astray in their quest to maximize profitability.
Answer: a lack of customer intimacy. Without customer intimacy – the ability to understand and predict customer behaviors, motivations and needs – competitive advantage and increased customer profitability will remain elusive goals.
SAS combines award-winning data warehousing and data mining with state-of-the-art campaign management to help you obtain customer intimacy and improve the value of your customer relationships. With SAS Marketing Automation for Banking and Financial Services, you can:
For more information on SAS' comprehensive solution for managing every aspect of your customer campaigns, visit the SAS Marketing Automation site.