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5W Turning data into action:
the power of consumer insight
What is data?
       • Data is one of a
         company’s greatest, yet
         still often underutilized
         assets.
       • The ability of a
         company to conduct
         the data, learn, and
         translate that learning
         into action will enhance
         the ultimate
         competitive advantage.
It is a strategy when a
 company takes a decision
upon data, but it is a tactic
  when a company takes a
decision upon instinct and
                assumption.

       Which one are your
               company?
Why collecting data?




Source: Loyalty360, 2011
Who should collect data?

                                Large corporate  to
                                generate the growth and to
                                enhance the sustainable
                                competitive advantage




Small business  to hunch
the trend and to indycate
the opportunities to enter
the market
Where to find data?
       • Online-based: websites, emails, social media
         database, online survey, , point-of-sales social
         media behavior, shopping preferences
       • Offline-based: point-of-sales monitor
         purchase behavior, loyalty program, offline
         survey




Source: Loyalty360, 2011
When to turn data into action?
                                              It’s when to decide...

                           Sales & marketing trends

                                    Differentiation

                                             Loyalty program to boost up & strengthen the
                                             relationships with costumers


                                                      New product/service


                                                                 Costumers experience



Source: Loyalty360, 2011
Christine Siagian
                 @mezos
about.me/christine.siagian

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5W Turning data into action

  • 1. 5W Turning data into action: the power of consumer insight
  • 2. What is data? • Data is one of a company’s greatest, yet still often underutilized assets. • The ability of a company to conduct the data, learn, and translate that learning into action will enhance the ultimate competitive advantage.
  • 3. It is a strategy when a company takes a decision upon data, but it is a tactic when a company takes a decision upon instinct and assumption. Which one are your company?
  • 4. Why collecting data? Source: Loyalty360, 2011
  • 5. Who should collect data? Large corporate  to generate the growth and to enhance the sustainable competitive advantage Small business  to hunch the trend and to indycate the opportunities to enter the market
  • 6. Where to find data? • Online-based: websites, emails, social media database, online survey, , point-of-sales social media behavior, shopping preferences • Offline-based: point-of-sales monitor purchase behavior, loyalty program, offline survey Source: Loyalty360, 2011
  • 7. When to turn data into action? It’s when to decide... Sales & marketing trends Differentiation Loyalty program to boost up & strengthen the relationships with costumers New product/service Costumers experience Source: Loyalty360, 2011
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  • 9. Christine Siagian @mezos about.me/christine.siagian