New Customer Capture

CAPTURING 30% MORE PROSPECTS. AT A FAR LOWER COST. REALLY.

(A 2 minute video.)

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DOUBLING CAPTURE. AT FAR LOWER COST.  IT'S TIME. (INTRO VIDEO.)

THE LIMITATIONS OF CONVENTIONAL  APPROACHES

REINVENTING CAPTURE VIA  DECISION SUPPORT ENABLEMENT (DSE)

THE PHASES and STEPS OF A DSE CAPTURE ENGAGEMENT

KEY BENEFITS

EXAMPLE CLIENTS

CONTACT / QUESTIONS

VIDEO

CENTER

CONSULTING

PLATFORMS

SOFTWARE

SOLUTIONS BY INDUSTRY

THE LIMITATIONS OF CONVENTIONAL NEW CUSTOMER CAPTURE APPROACHES

Conventional consulting approaches (even current "best practice" approaches) to New Customer Capture demonstrate one or more of the following limitations:

 

  • The data collected is incomplete or inadequate. The measurement system:
    • Misses important drivers of new customer capture.
    • Does not determine new customer capture thresholds.
    • Is not real-world enough to reproduce the actual purchase environment.
    • Fails to recognize that very few customers can accurately tell you "how important"  key drivers are! But ALL can recognize what is important when they see it.
    • Fails to recognize that the average customer highly values only 3-4 key drivers yielding only 25 or so key drivers across all segments - not hundreds of drivers.
  • The decision support system: the tool that "sees and mines" the data:
    • Doesn't operate at the level of the individual consumer.  This is critical because individuals make decisions - not aggregate markets.
    • Is not summative.  Doesn't provide enough benefit ("utility") to get consumers "off the dime."
    • Doesn't allow "what-iffing" because it hasn't created a true E-customer - an electronic copy of the each representative consumer in the market place.
    • Doesn't recognize that building E-customers saves 90% of the survey budget.
    • Doesn't automatically test hundreds of millions of viable change strategies.
    • Doesn't identify the optimal key driver mix that will capture most new consumers overall.
    • Doesn't identify the mix that will capture those consumers at the lowest cost.
    • Doesn't place the current product offerings and demand on the same competitive space.
  • The consulting firm :
    • Imagines that they are your equity partner - and charges you that way.
    • Gives you the fish (the answer)...but not the fishing pole (the decision support system).

REINVENTING NEW CUSTOMER CAPTURE USING

DECISION SUPPORT ENABLEMENT (DSE)

What if a Far More Powerful Approach to New Customer Capture Existed?  One that:

  • Linked to real world outcomes such as: Purchase, Sales/Revenue, Retention and Profit?
  • Retained all the truly useful capabilities of existing best practices such as:
    • Accurate real-time isolation of the key drivers for every representative consumer?
    • Full inferential analysis of all key drivers (importance, performance, expectation, etc.)

 

Moreover, What If That Approach Had the Ability to:

  • Present any product....in any configuration... to your E-prospects...and identify the product configurations that:
    • Maximized preference (Preference modeling)
    • Caused the maximal number of non-customers to switch to you (Switching modeling)
    • Best protected you against competitive attacks (Blunting modeling)
    • Maximized market share at the least cost (Price Partial modeling)
  • Automatically build and test millions of potential product configurations to achieve these outcomes? Both for the whole market and for every segment?
  • Be so turn-key that it could be run by non-experts in-house?

 

Decision Support-Enabled New Customer Capture achieves all these outcomes and more.  The result? Far higher new customer capture...at a far lower cost.  Delivered you way.  That's enablement.

PHASES AND STEPS OF A DSE NEW CUSTOMER CAPTURE ENGAGEMENT

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KEY BENEFITS (Place your pointer over the benefits to see the short description.)

EXAMPLE CLIENTS

Retail Banking

We have deployed over 20 national new customer capture studies for five of the top 20 U.S. and Canadian banks.

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Other Financial

We have deployed many national new customer capture studies for leading mutual fund, investment firm, and trust companies.

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Retail Banking

Other Financial Services

Healthcare

We have deployed over a dozen new customer capture studies for large regional Healthcare companies.

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Other Industries

We have deployed many national new customer capture studies for leading retail firms both nationally and internationally.

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Healthcare

Retail and Selected Other Clients