Question: What is meant by customer profiling?

What is meant by ‘customer profiling’?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Customer profiling is a marketing technique where businesses create a portrait or a model of their i... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Digital Marketing Questions!

Q:

What is meant by customer profitability analysis? Give an example of an activity that might be performed more commonly for one customer than for another.

Q:

) Explain the collision detection mechanism applied in standard wired medium access control associated with CSMA and indicate why this might be unsuitable for wireless networks. [2 marks] (ii)...

Q:

) Consider integer division of one two's-complement binary number by another. Programming languages may vary in the result when one argument is negative. What differing conventions might they be...

Q:

3 What is meant by customer profiling?

Q:

What is meant by customer profiling? and why are digital platforms so suitable for relationship marketing?

Q:

What is meant by customer profiling?

Q:

6552 What is meant by customer profiling and how is this information used by a company for competitive advantage? CUS 7022/03

Q:

How to answer these 1. Why is the Internet a suitable medium for relationship marketing? 2. Explain personalisation in an Internet marketing context. 3. What is meant by 'customer profiling

Q:

Hi, I'm having an issue with this Simnet project and I was wondering if anyone could help me. There is only one issue: Step 3a, in the instruction pdf that I have attached. When my project is graded...

Q:

Read the following articles and answer the questions that follow: ARTICLE 1 Timing of Shoprite's R1bn deal is perfect The company has made a sharp move snapping up assets that are perfectly located...

Q:

Suppose a bond has a maturity of 3 years, annual coupon payments of $5, and a face value of $100. a. If the interest rate is 4 percent, is the price of the bond higher or lower than the face value?...

Q:

What are the three components of business performance analysis? Why does the auditor conduct business performance analysis?

Q:

To what product cost category would the salary of the CFO be assigned to ?

Q:

4. A nonmarket-based approach to planning is one in which the conception of the service begins internally within the organization. Marketing-based planning is an internal externalinternal process.

Q:

10 What are the research options for determining customers opinions and feelings about a web presence?

Q:

10 Outline models to help build customer loyalty.

Q:

8 Which e-marketing tactics should be developed to accommodate different buying models?

Q:

Can the standard deviation of a dataset be a negative number? If so , provide an example. If not, explain why.

Q:

Mr Ahmer Borrowed a loan of Rps 800,000 on an interest rate of 8% for 8 years. prepare amortization schedule.

Q:

"A camel is a horse designed by committee" is an expression of the sentiment inherent to the social phenomena known as what?