They say necessity is the mother of invention—we couldn't agree more. First the need for more power and innovation in the hands of online merchandisers led to the birth of Demandware...and now this. We've recognized the need for a resource to help guide you through the often troubling waters of ecommerce and hope that the eCommerce Innovations Blog can lend a hand on your way to the top.
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By Julian Chu, Demandware Client Success
On December 2nd, Demandware hosted a webinar with Mark Matiszik, President of Sextant Consulting. The topic was one that should be high on everyone's mind these days: How do you maximize the return from every dollar spent on marketing? Mark provided a very practical discussion on how to define appropriate customer segments and track how they migrate from one segment to another, and then how to use insights about customer behavior to assess marketing ROI and Customer Lifetime Value.
As online retailers assess the outcome from this, shall we say, less-than-stellar holiday shopping season, and plan their budgets for next year, having a solid analytical foundation on which to base decisions will be critical. No doubt, your CEOs and CFOs will be asking difficult questions like:
How prepared are you to answer such questions? The recorded webinar, Customer Acquisition and Retention, and accompanying slide presentation are available on Demandware's web site. Have a listen sooner rather than later!
Tags: webinar, customer retention, customer acquisition
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