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Impact of Marketing Automation on Customer Engagement & Retention

Author(s):

Ravinder Kaur , B.Tech( ECE), MBA(MARKETING); Palwinder Kaur, GNDEC,LUDHIANA,PUNJAB; Gagandeep Singh, DIGITAL MARKETING CERTIFIED ANALYST; Gurpreet Singh, ATPL,IT PARK,PANCHKULA,HARYANA

Keywords:

Marketing Automation, Lead Capture, Lead Nurture, Dynamic Segmentation, Automated Messaging, Customer Lifetime Value, Drip Campaigns, Nurture Campaigns

Abstract

The Marketing Automation process is a simplification of sales and marketing tasks with the use of the software. It has an immense impact on customer involvement. Marketing Automation can help you recognize your best customers and make them advocates of your brand. It helps in concluding more deals by having more significant conversations with the user. It also helps in collecting implicit and explicit data allied to a customer and identify the most appropriate communication frequency for a customer. It characterizes lead scoring and categorization. It also defines dynamic segmentation. It facilitates in understanding how to set up triggered communication based on behavior and how additional triggers can be used to put up a conversation with the customer and increase profits. Furthermore, it also explains the steps needed to plan a drip campaign and nurture campaign according to the buying cycles. It showcases diverse levels of lead nurture. It also envisages distinction of the sales cycle based on the lead’s intent and necessity to make a purchase. Lifetime Customer value can also be calculated as well as improved by marketing automation. It also provides different attribution models and helps in choosing one based on business type.

Other Details

Paper ID: IJSRDV5I50051
Published in: Volume : 5, Issue : 5
Publication Date: 01/08/2017
Page(s): 1083-1086

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