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Our experienced Data Mining specialists provide market
insight with practical and useable conclusions using proprietary
analytical tools developed by Macrosoft Inc. Currently our Data Mining
expertise is being used by a leading telecom company for the purpose of
keeping track of market trends by their corporate Marketing Department.
This is a web based OLAP tool that is proprietary to us. Our Data Mining
services provide this global company with the ability to predict
worldwide purchase patterns. We also provide CRM solutions for building
a database of its customers. It describes relationships in sufficient
detail so that management/sales people can access the information to
match customer needs with product plans and offerings. It is also used
to remind customers of service requirements, check payment histories and
so on.
What is Data Mining?
Data Mining is the process by which
large data accumulated from business transactions be sifted to identify
patterns that throws light on the customer's behaviour. The detection of
trends and associations in the transaction data can give vital clues
regarding the customer base. Data mining discovers the meaningful
patterns and relationships in data, separating signals from noise and
provides decision-making information for the future.
Patterns revealed through data mining:
- Customer
usage trends.
- Identifying customers with similar behavior
patterns.
- Reveal hidden shifts in customer preferences.
- Customer churn and attrition rates.
- Customer purchasing habits in relation to time.
- Associated buying habits.
- Market Basket Analysis.
- Growth potential of customers including
lifetime value, share of wallet and industry specific benchmarks.
- The ability to overlay and consolidate customer
segments.
- Behavioural, demographic and attitude based
segmentation of customers.
- Identification of niche segments.
Macrosoft India Advantage
Our proprietary analytical models
use the best of breed from statistics, artificial intelligence and
decision science to provide your business with unique data mining
solutions. Our Data Mining Team can:
- Enable
enterprises to extract, aggregate, process and deliver valuable
information hidden in their transaction databases.
- Identify
customer attrition and migration patterns much before they actually
occur so that advance remedial action can be taken.
- Identify
clusters of customers with the highest revenue generation source.
- Help
apportion the limited marketing resources to clear-cut customer
segments with highest ROI.
- Improve
merchandising and pricing strategy with precise customer segment
identification
- Optimize
advertising campaigns by increasing awareness of:
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Key customer segments
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Customer growth potential
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Drivers of customer attrition and migration
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Collective marketing actions that are feasible within the existing infrastructure
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Key ROI metrics needed to monitor success of marketing strategy and tactics
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Ongoing marketing campaigns and new trends
- Provide
sequence or path analysis, which involves looking for patterns where
one event leads to a later event
- Undertake
clustering analysis, thus enabling businesses to find and visually
document groups of facts not previously known.
- Forecast
and discover patterns in data that can lead to reasonable
predictions about the future.
Organizational benefits
- Decision
support for marketing managers, logistics managers and production
managers.
- Marketing
Managers can derive strategies to design more effective advertising
campaigns for their products
- Logistics
Managers can recognize associative relationships between products
and plan shipping accordingly.
- Profit
Centers can plan store layout to maximize associative purchase by
customers.
- Comprehensive
understanding of shifting trends and preferences of customer base.
- A much improved Customer Relationship Management process that results
in a firm bond of the consumer with the brand and optimizing
customer “experience”.
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