Abstract
This chapter discusses the various uses of databases as a successful tool for understanding customers. Using relevant industry examples, this chapter explains customer databases by categorizing the types of databases, illustrating the benefits of marketing databases, and highlighting the uses of marketing databases. The chapter shows the different levels and methods of categorizing the databases by their respective main business function, information content, active or passive approach, or structure. Further, the benefits of implementing each category of database that allow marketers to analyze and customers, classify them into different groups, and subsequently implement specialized marketing programs for each group, are illustrated. Finally, the uses of these databases that firms can deploy, including identifying profitable customers, improving communication to individual customers, and positively influencing various aspects of business operations are highlighted.
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Kumar, V., Reinartz, W. (2018). Using Databases. In: Customer Relationship Management. Springer Texts in Business and Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-55381-7_8
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DOI: https://doi.org/10.1007/978-3-662-55381-7_8
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