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      Customer Experience Tools

      One-to-one Marketing

      One-to-one Marketing

      One-to-one marketing can enhance the customer experience, make advertising more effective and increase customer retention, loyalty and sales.

      • min read
      }
      One-to-one Marketing
      en

      Explore more insights from Bain's 2020 Customer Experience Tools and Trends survey: Let No Tool Stand Alone.

      One-to-one marketing uses personalized interactions to build long-term customer relationships. Companies that apply the approach rely on advanced analytics to gain a deep understanding of a specific customer’s evolving needs. Marketing and innovation teams then use this data to create unique messages, offerings and experiences, and send them at the ideal time for maximum engagement.

      Read more

      Customer Experience Tools and Trends

      Our insights share how the right CX tools make customers’ lives richer and more fulfilling and strengthen a company’s economics by holding down costs and securing new revenue streams.

      One-to-one marketing can enhance the customer experience, make advertising more effective and increase customer retention, loyalty and sales.

      How companies use one-to-one marketing

      Companies use one-to-one marketing to offer customized promotions that address an individual customer’s needs based on user engagement across different channels and stages. For example:

      • Mobile network companies might use the approach to identify and target their most connected customers, so they can encourage them to refer friends and colleagues.
      • Retailers often deploy one-to-one marketing to offer promotions to customers who are at risk of defecting.
      • E-commerce and digital media firms track their customers’ actions, click patterns and transactions, allowing them to offer product recommendations that reflect a customer’s preferences and previous buying behavior.
      • Financial institutions analyze customers’ credit card use and cash withdrawals to improve their products and make targeted offers, such as loans for late credit card payers and new credit cards for heavy spenders.

      Key considerations with one-to-one marketing

      A few lessons from marketing leaders:

      • Own your digital destiny. Take control of consumer data and integrate marketing and advertising technologies.
      • Master the timing. Customer behavior insights can reveal the best times to seize a customer’s attention and stimulate a purchase or interaction, helping the company build brand loyalty over time.
      • Build a test-for-results culture. Use timely analysis from experiments and metrics with common definitions in decision making. Encourage experience sharing among marketing and commercial groups.
      • Enable fast decision making. Create an in-house team to oversee customer acquisition and retention, with accountability for budgets, technology, data and analytics.
      RELATED TOPICS HOW BAIN CAN HELP
      • Personalized marketing
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      • Customer Insights & Segmentation
      • Test for Results
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      Customer Experience Tools and Trends 2018

      When it comes to using tools that improve the experience, it pays to go all in with a few rather than dabble with many.

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      Customer Experience Tools and Trends 2018

      Twenty tools that companies are using to enhance the customer experience.

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      Companies can transform the customer experience by using the right tools.

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      Online or Mobile Behavior Tracker

      With online or mobile trackers, companies identify customer trends and motives through the analysis of web traffic and other digital data.

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      Too Much Marketing Technology, Too Little Impact

      Marketing leaders build tightly integrated systems that fuel growth, personalization, and real ROI.

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      First published in octubre 2018
      Tags
      • Customer Experience Tools & Trends
      • Sales and Marketing

      How We've Helped Clients

      Video: A Marketing Transformation Puts a Software Leader Back on Top

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