COLLOQUY, Voice of the Loyalty Marketing Industry Looks at Analytical Customer Relationship Management -- CRM; Issue Available as Electronic Download for Subscribers at www.colloquy.com.Business Editors CINCINNATI--(BUSINESS WIRE)--March 4, 2003 COLLOQUY col·lo·quy n. pl. col·lo·quies 1. A conversation, especially a formal one. 2. A written dialogue. [From Latin colloquium, conversation; see (R), a leading loyalty-marketing publication and Web site, today unveiled its latest issue focusing on the latest developments in analytical customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ). "No aspect of business-to-consumer marketing is hotter, or has gotten more ink over the past year, than analytics-- the process whereby companies collect, aggregate, segment and analyze business intelligence or customer data in order to improve the bottom line," states COLLOQUY editorial director, Rick Ferguson. "This issue explores how loyalty program data can become the centerpiece of a customer analytics program." The latest issue of COLLOQUY, available for download at www.colloquy.com, includes: -- Analytical Life Stages Is your business stuck in data infancy? Learn how loyalty analytics can help businesses grow from the toddler stage to analytical adulthood. -- Key Loyalty Metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. When designing a financial template to model the return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) of loyalty programs, it's important to center the template on a series of key loyalty variables. COLLOQUY provides the lowdown low·down n. Slang The whole truth: gave us the lowdown on what happened at the party. lowdown low (inf) n he gave me the lowdown on it → on which pieces of customer data are most critical to your forecast. -- The Customer Value Score COLLOQUY reveals a formula for determining customer value using only transactional data. -- Forging the Relationship Chain Discover the best method to uncover and exploit the path your best customers take to optimal profitability. -- How Not to End a Loyalty Program All loyalty programs must end sometime-- but the end doesn't have to be a messy mess·y adj. mess·i·er, mess·i·est 1. Disorderly and dirty: a messy bedroom. 2. Exhibiting or demonstrating carelessness: messy reasoning. one. -- Shell Stays the Course News that Chase Manhattan had debuted their new Freedom Card had some analysts predicting the death of the fuel card rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. strategy. But don't tell that to Shell. They're driving to the hoop with a new partnership with Citibank. -- Doing it in Real Time A look at the challenges of trying to enact a real-time loyalty program with a less-than-optimal POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale system. -- Air Miles Air Miles Noun, pl Brit points awarded on buying flight tickets and certain other products which can be used to pay for other flights U.K. -- Bring It On With the launch of Nectar in the U.K., the pressure is on for that coalition's chief competitor, Air Miles, to rise to the occasion. Air Miles managing director, Drew Thompson, explains that he's not afraid of Nectar. In fact, he welcomes the challenge. About COLLOQUY: The voice of the loyalty marketing industry since 1990, COLLOQUY(R) provides editorial, educational and research services on a global basis. COLLOQUY and colloquy.com present commentary, analysis, breaking news, research libraries and article and program archives to qualified subscribers. Subscriptions are available at no cost at www.colloquy.com/register.asp or by calling 513/248-9184. Reader participation is invited at info@colloquy.com. COLLOQUY is published by Frequency Marketing, Inc. (www.frequencymarketing.com), a global provider of resources and technology for the design, implementation and management of loyalty-marketing programs that recognize and reward customers based on their purchase behavior. |
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