Overview of Customer Journey Selections
You can use the Modelling Environment to define simple and detailed, event driven - customer journey - selections which you can then use to better understand the differences between your customers in terms of their previous behaviour.
A customer journey selection identifies customers based on a sequence of events. For example, you may wish to examine customers who:
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...received a communication...then made a holiday booking...and then took out insurance
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...visited your website...sent a communication...signed up
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...have never purchased before...make a first transaction
A customer journey selection is evaluated on an individual basis and, for each customer, identifies time points for when each event occurred:
A person is only selected if they have experienced all the events.
Having defined the sequence, you can set about understanding the behavioural reasons for variations in customer journeys. For example:
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What is different about the person who books and then cancels?
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Which customers who visit your website are most likely to sign up?
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Are there typical behaviours that precede a person's first transaction?
You can create and use robust models which inform and improve your marketing decisions, for example, helping you to:
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Recognise and encourage people to make their first purchase
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Identify and send additional communications to nurture people who look like they may cancel
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Avoid the cost and time of wasted communications
For more on how to create and use powerful customer journey selections, see the following related topics: