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Customer Connector Applications

 
 

Prospect Identification

Identifying new prospects is a critical, ongoing business function. One excellent source of prospects that is frequently overlooked is your current customer base. People and companies who are connected by family, employment, location or other factors are likely to use some of the same products or services. However, traditional data management systems are unable to detect those hidden connections that can be mined for cross-selling purposes.

Identifying the hidden, non-intuitive connections among customers is one of the primary functions of the unique Synchronos™ platform. As part of its single 360° customer profiles, Synchronos maintains information on where your customers live and work, as well as on other variables that you determine. All of this information is then used to reveal otherwise hidden connections between customers and build networks of customer relationships that include businesses as well as individuals. Data from third-party databases can also be integrated into the 360° profiles and used to link customers within your database.

Through its proprietary customer-connection methodology, Synchronos puts at your fingertips a high-quality list of prospects that grows and evolves with the changing characteristics of your customer base and data.

 
About Customer Connector Applications

Within your customer data are hidden clues to connections between your customers – business as well as individual – that you can use to strengthen virtually any customer-related business initiative, including determining credit risk, targeting cross-selling promotions and accurately identifying a customer’s true value. Revealing those connections is part of ISI’s new paradigm for the 360° customer view – and the foundation for gaining significantly more business value from your customer data.

Think about how a top-notch manager at a local business that serves you knows all about your family, the small business that you own, the charitable organizations with which you are affiliated, and the other relationships you have. Using this information, the manager is able to treat you in a very personalized manner, can suggest the appropriate products that will benefit you the most, and is able to provide excellent customer service.

In today’s environment of mergers and acquisitions and large customer databases, however, it is very difficult for organizations to provide this highly personalized approach. Fortunately, ISI’s Customer Connector Applications allow your organization to build, maintain and leverage this type of relationship information in an automated way, so your can treat each of your customers as though you knew them personally.

ISI’s extended 360° customer view goes far beyond the traditional model, which aims simply to link a customer profile with all of their products – still a distant goal for many organizations. Our extended customer model shows you all of a customer’s products, plus all other customers – business as well as individual – who have a connection to that customer, whether by family, employment, location, other association, or based on external data from third-party sources. Then we include all the products those connected individuals and businesses have. And on top of all that, we add proprietary Influence Value Indicators™ that enable you to identify the potential strength of the influence between connected customers.

This unprecedented level of customer information gives you insight into customers, their relationships, and their potential for influencing and being influenced by other customers that you can use for significant business advantage in areas such as sales, marketing, risk management and strategic planning – and it’s available only from ISI.

 
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