Transcript
Page 1: Predictive Customer Analytics: What your customers really want and what it’s worth to them
Page 2: Predictive Customer Analytics: What your customers really want and what it’s worth to them

Predictive Customer Analytics (PCA)

Beyond the Surface

What is it about?

Page 3: Predictive Customer Analytics: What your customers really want and what it’s worth to them

FOUNDATIONS

Professor

Daniel McFadden

2000 Nobel Prize Winner

Berkeley, MIT, University

of Southern California

Focus Area: Discrete

Choice Theory

Professor

Daniel Kahneman

2002 Nobel Prize Winner

Princeton, Berkeley

Focus Areas: Behavioural

Economics, Hedonic

Philosophy

Page 4: Predictive Customer Analytics: What your customers really want and what it’s worth to them

Can we really

predict

customer

behaviour?

Page 5: Predictive Customer Analytics: What your customers really want and what it’s worth to them

What are those choices worth?

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Predictive Customer Analytics (PCA)

Demos

Winter Festival - Video

http://vimeo.com/96051392

Page 7: Predictive Customer Analytics: What your customers really want and what it’s worth to them

Predictive Customer Analytics (PCA)

Demos

Winter Festival - Model

http://managility.com.au/PCA/event/index.html

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Predictive Customer Analytics (PCA)

Demos

Insurance - Model

http://managility.com.au/PCA/insurance/index.html

Page 9: Predictive Customer Analytics: What your customers really want and what it’s worth to them

Predictive Customer Analytics (PCA)

Demos

Magazine Cover - Model

http://managility.com.au/PCA/mag/index.html

Page 10: Predictive Customer Analytics: What your customers really want and what it’s worth to them

Benefits & Power of PCASimulation can test the demand for a number of attributes, such as:

product features, pricing and packaging

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Benefits & Power of PCAUnderstand the value attributed by key customer

segments

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Benefits & Power of PCAUnderstand the price elasticity and

demand curve for your product or

services

Page 13: Predictive Customer Analytics: What your customers really want and what it’s worth to them

Benefits & Power of PCAAssess the customer’s ‘Willingness-to-Pay’

for product features

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Benefits & Power of PCAPredict the shifts in market shares

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Benefits & Power of PCAUnderstand the true value of your

brand

Page 16: Predictive Customer Analytics: What your customers really want and what it’s worth to them

The PCA ProcessAssess strategic objectives: e.g., find

optimal price, product features, identify real

motives of customers

Configure PCA Model according to objectives, &

model the choices in realistic environment: e.g.,

different product/price choices in fridge

Define and supply relevant sample: i.e.,

target group that will go through model

Run actual process:

sample group cycles through

choice models

Formulate final outcomes &

recommendations report

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Contact Us

1300 00 PALO (+61 1300 00 7256)

[email protected]

www.managility.com.au

facebook.com/managility

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Q + A