Project Overview:
An e-commerce company wanted to improve the ROI of its marketing campaigns and reduce customer acquisition costs.
Challenges:
- The company faced high customer acquisition costs and lacked an effective way to segment their audience and deliver personalized offers.
- There was limited visibility into the performance of different marketing channels, making it difficult to allocate resources effectively.
Solution:
Quanois implemented an advanced data analytics solution to optimize customer segmentation and improve the targeting of marketing efforts.
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Data Analytics:
We used clustering techniques to segment customers based on behaviors and preferences, ensuring that marketing campaigns reached the right audience.
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Data Visualization:
We created real-time dashboards to monitor key metrics like customer lifetime value (CLTV), conversion rates, and marketing ROI.
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Results:
- Reduced customer acquisition costs by 25%.
- Increased conversion rates by 30%.
- Improved marketing ROI by 40% by reallocating resources based on campaign performance data.