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9 Chapters
of the Drilling Down Book in PDF
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The first 9 Chapters are described
below:
DRILLING DOWN BOOK OVERVIEW Introduction Chapter 1 Jonesin' for Some ROI
Chapter 2 Customer Profile or Customer Model?
Chapter 3 Data-Driven Marketing and Service Drivers
Chapter 4 Customer Marketing Basics
Chapter 5 Customer Marketing Strategy: The Friction Model These five chapters provide a basic introduction to the idea of customer modeling. Customer profiles and models are compared (they are not the same, but can work together!), and the fundamental ideas behind predicting customer behavior and customer value management are explained.
These chapters lay the foundation for your three simple customer model toolkits.
Each toolkit has an explanation of how and why the model works, provides examples, and then shows you step by step how to use the model to increase your profits.
Includes the strategic Friction Model
for mapping current and potential customer value and tracking the
results of customer value management programs.
Latency Metric Toolkit Chapter 6 Trip Wire Marketing
Chapter 7 The Hair Salon Example
Chapter 8 The B2B Software Example
Chapter 9 Turning Latency Data into Profits
Latency is the very simplest customer behavior model there is, and is very intuitive. If you know who some of your best customers are and have thought to yourself, "Gee, it has been a while since best customer X has been in" you are thinking about Latency.
Your thought process is correct; but you have no method for determining when "been a while" means "they are not coming
back," and you have no specific action plan to turn your thoughts into increased profits.
The Latency toolkit shows you how to measure Latency and set up "trip wires" that will tell you how to increase the profitability of your marketing.
Latency is often the preferred model to use in service-oriented businesses where there is a monthly billing arrangement or other "built-in reason" for repeat activity such as with utilities, insurance, telecommunications, and personal services such as hair salons.
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