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Embracing the Customer Lifecycle - Facebook India

By Guest Author,

Added 09 September 2014

Automotive companies must embrace the new targeting tools to help them understand where people are in their customer lifecycle. - By Kirthiga Reddy

People Buy: The digital world has created more people-centric, data-driven platforms, enabling marketers to put people at the heart of their marketing. Targeting is simple to use and effective in reaching and analysing your potential and existing customers. This makes creating "clusters" of in-market consumers who are likely to buy now a reality today, and is a critical component to making marketing budgets more efficient and effective.

People Care: People love their cars and this love extends to the overall brand as well. With all of these targeting capabilities, marketers can consistently deliver the right message, offers and/or service reminders to the people who will act upon them. When correctly utilised, this allows marketers to manage and deepen relationships with customers.

By tailoring their message to influence the lifecycle of the customers, companies have a tremendous opportunity to improve awareness and consideration of their brands, move cars off the lot, and even drive revenue from their existing owners. To take full advantage of this opportunity, automotive companies must embrace these new targeting tools to help them understand where people are in their customer lifecycle, and how to relevantly put the right message in front of the right customer.

The author is Managing Director, Facebook India

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