Page 33 - April 2021
P. 33

In the first part of our feature on Customer Engagement

        & Loyalty, Kathy Kimple, Chief Retail Officer of
        FitForCommerce takes a close look at the topic and

        highlights how data can be used to deepen relationships
        between brands and their customers.





        customer  throughout  the  entire  shopping  journey   marketing platforms offer some level of personalisation
        and  across  channels,  including  her  preferences,  habits,   functionality  that  requires  little  effort  to  automate  yet
        interests, etc.                              yield a high return.
          Start by asking a very simple question: What do you   After mastering basic personalisation tactics, retailers
        already  know  about  your  customers?  Most  retailers   can  start  to  build  the  foundation  for  more  advanced
        quickly realise that they are in much better shape than   personalisation  by  ensuring  that  data  is  accessible  by
        they expected.                               all  departments  and  by  having  a  clear  personalisation
          Retailers use many different systems and technologies   strategy across the entire organisation. The next step is to
        to power digital commerce and retail operations such as   enhance  experiences  throughout  the  shopping  journey
        digital commerce platforms, order management systems   by adding new layers of data, cross-channel insights, and
        (OMS), content management systems, marketing engines,   artificial intelligence.
        analytics, and so on. These systems typically capture and
        store data. Modern POS systems and in-store clienteling   Create, test, Iterate, repeat
        tools now also enable retailers to significantly improve   Testing is an integral part of successful retailing. It is even
        processes for gathering data about in-store customers.   more important when delivering personalised experiences
        In an ideal world, all these systems are integrated with   because the risk of being irrelevant is so high. As shoppers
        a centralised database management system that stores   become more demanding, they have less tolerance for those
        data across all departments. In reality, this is not always   that  do  not  rise  to  meet  their  expectations.  Customers’
        the case, even for larger retailers. Many companies have   needs and wants change over time, product offerings change
        started to implement centralised databases to manage   and  new  technologies  continuously  provide  improved
        data from multiple sources to obtain a complete view of   ways  to  deliver  personalised  experiences.  Personalisation,
        the customer. However, the lack of a centralised system   therefore,  is  not  a “set  and  forget  it”  effort.  In  order  to
        should not be used as an excuse not to personalise. The   maximise  performance,  it  is  critical  to  constantly  test  and
        most  critical  step  is  to  understand  what  data  already   refine strategies and tactics.
        exists, where it resides, and how to leverage it  Following this approach will help to identify data gaps and
                                                     allow you to build a solid personalisation roadmap supported
        Just Do It                                   by relevant technology solutions. The personalisation space
          It may not be feasible to integrate digital commerce,   has  evolved  considerably  and  there  are  many  technology
        POS,  CRM,  OMS,  or  email  data  in  one  place,  initially.   solutions that may be right for you – ranging from existing
        While  an  AI-powered  personalisation  engine  can  help   capabilities offered by the platforms you already leverage to
        leverage data to deliver personalised experiences across   support your business to specialised personalisation engines.
        multiple customer touchpoints, retailers can get started   The time to start is now... Just Do It, take Inventory,
        with what is available today. Most digital commerce and   Create, Learn and expand.
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