Retail, Financial & Customer Service
Decision Sciences work incorporates all
aspects of
the customer / company interaction spectrum – acquiring new
customers, targeting new locations or products, customer retention,
customer service and product quality, warranty services and claims
tracking. Decision Sciences fields customer surveys
– either one-off or continuous quality improvement Tracking Surveys
– and also makes use of an organization's existing
administrative data.
Building Research Databases
from Administrative Data: Often,
historical information about customer interactions with a company is
stored in unrelated files. DSRA has the experience
and
tools required to transform that data into a fully-functional research
database which create a profile of customers and their interactions
over time with all parts of a company. This research database
is
a data warehouse designed to track marketing activities and facilitate
marketing intelligence across an entire enterprise.
Customer
Satisfaction, Retention, and Opportunity Studies:
Decision Sciences helps our clients understand
and improve
customer satisfaction and loyalty. We have the knowledge,
experience, and tools required to design and field surveys
which measure the customer satisfaction experience across all aspects
of a business, and throughout all phases of the customer
life-cycle. DSRA are experts in creating on-going Tracking Surveys
for firms which have continuous quality improvement programs,
partnering with them to develop, test, and implement actionable and
effective policy changes.
Campaign Response Analysis: Response
Analysis is strategy using statistical modeling of response patterns in
order to score prospects. DSRA works closely with our
clients to
determine how best to measure the response characteristics
which
matter to a particular business. A rich set of possible
predictive attributes will help to ensure that the model can score
prospects effectively. Prospects can then be given a scored and ranked,
and promotional campaigns targeted to reach the most likely responders.
Market Area & Retail
Traffic Pattern Studies:
DSRA conducts surveys that help establishments evaluate siting
decisions including preferred shopping destinations, site selection or
site abandonment, and purchase patterns related to work and residence
location. In this research, we work with
companies to
optimize the locations of facilities based on the demographic
characteristics of communities, their purchasing or service use
characteristics, travel patterns, and other factors involved in market
dynamics.
Market
transformation & Product Lifecycle Studies:
Decision Sciences works with businesses to evaluate outcomes
involved in market transformations. We
conduct surveys in
which we look at the dynamics of the changing business environment in
order to evaluate product lifecycle, to test receptiveness for
innovative business technology or services, and quantify changing
consumer behavior.
Bad Debt Analysis: Decision
Sciences develops predictive models to identify new customers
likely to result in bad debt. Using geo-demographic models
and
name and address matching to 3rd party data, we
help businesses proactively undertake policies which
help
reduce financial losses. DSRA has also modeled the effectiveness of
alternative collection strategies.
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