Customer Insight Studies
Customer Insight Studies is a process in
which information about customer habits
is utilized to help make important
decisions by scientifically proven
analytics. This information is used by
companies for various things like -
- direct marketing
- site selection
- customer relationship management
Uses of Customer Insight Studies
Retail
- collecting customer data
- drives product enhancement
- insight into customer decision making
process
Customer Relationship Management
- 360° view
- measurement and prediction of customer
behavior
Customer insight studies are usually
carried out on the basis of Data mining
techniques. This lends an authenticity
to the results as well.
More and more companies are now
realizing the massive potential of
customer insight studies and are
investing in it.
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