Author: Kentrix

  • How do I get the most out of consumer data?

    How do I get the most out of consumer data?

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    If your business wants to utilise customer data to its fullest potential, it’s essential to understand what your customers want and when they want to buy. You can use this information to create more effective marketing campaigns and better target your customers and prospects, and even improve your product offerings. We’ll discuss some advice for maximising the value of accurate customer data for your company in this blog:

     

    Understanding the pain points of your customers

    It’s essential to know your customer’s pain points. 

     

    Here are some questions you can ponder:

    – What do they value most? 

    – Why would they be interested in using your product if they have never used it?

    – How do they think about your brand and competitors’ brands? 

    – How do you use their products or services daily?

     

    If you can solve those pain points, You’ll be able to reach more people and raise the possibility that they’ll make a purchase from you.

    Understanding who is your best customers and what they value

    Understanding what your customers value, their aspirations, and consumption orientations will help you deliver a better product or service. You can do this by asking them directly or observing their lifestyle and expenditure behaviour data through Kentrix.

    You can also look at your competitors’ products and services, as well as any trends in the market that may have an impact on your business model.

     

    Where and how to target your high potential audience 

    Geolocation of consumer profile data down to the household level is most valuable when you can use it to tailor your marketing campaigns. Kentrix, with its Geomarketeer platform, delivers geolocation-based intelligence using micro market-focused data and analytics functionalities, delivered as a service. Besides targeted offline marketing activities, you can apply this information in your online targeting on major DSP platforms.

     

    Learning about customer sentiments

    You can use sentiment analysis to get an in-depth understanding of what your customers think about your brand. Sentiment analysis is a way to measure customer opinions about your brand, and it’s especially useful for understanding how people are talking about you on social media, videos, and reviews. 

     

    Concluding, we know that collecting the right consumer data can be difficult. This is where Kentrix can change the game for you. Kentrix has built a household / residential building precise 91.5+ Cr. strong India master customer database by merging offline- and online collated purchase behaviour from more than 80+ sources.

  • Why Should Businesses Be Using Kentrix?

    Why Should Businesses Be Using Kentrix?

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    Being a business owner or having an executive job title makes it essential for you to be involved in the company’s decision making process. With this, you may have to learn about different ways to take the company to the next level. 

    If this is on your mind, start with Kentrix.
    Operating on the data of 91.5 crore Indians, Kentrix is an Inclusive Business Intelligence Platform for consumer data-driven solutions in B2C and D2C business models. 

    The target customers can be identified down to individual residential building precision.

    Kentrix can help your business with the following:


    1. Customer Consumer Profile: With Kentrix, you can target potential customers with your products and
    services by individually determining income, lifestyle, spending, and product purchasing behavior.
    2. Spends/Affluence/Affinities: Kentrix will help you understand a customer's or prospect's ability to
    spend money and level of wealth.
    3. Customer-Product Affinities: Kentrix will help you identify who your customers are and whether you
    are aiming your marketing efforts toward the appropriate demographic for a particular product.
    4. Identification of Customer Risk: Kentrix enables you to create an Early Warning System for Customer
    Default Behavior.
    5. Sales Prediction Modelling: Using accurate statistics based on individual residential building precision,
    Kentrix may assist you in identifying high-potential locations for a new store, branch/ATM, or service
    station opening.
    6. Competitive Intelligence: Kentrix assists you in analysing your rivals and discovering the factors that
    influence their traffic.
    7. Economic Potential and Product-Customer Affinities: With Kentrix, you can pinpoint WHERE is the
    ideal target for a given product with the precision of individual residential buildings.

  • GEOMARKETEER PRODUCT

    GEOMARKETEER PRODUCT

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    Geomarketeer is a granular market segmentation analysis tool that helps companies in India with geo-location-based intelligence, using micro-market-focused data and tools to sustainably grow their business.


    Benefits of Geomarketeer:
    ● Easy-to-use Online System
    ● Subscription to geographies you need
    ● ‘Private Room’ – Users create their private access login: No third party is involved in
    analytics or having access to the user‘s data space
    ● Data queries in real time
    ● Uploading Data: Analytics networking company's own and external market data.
    ● Generate location reports

  • SEGURA PRODUCT

    SEGURA PRODUCT

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    Segura helps in customer risk identification. Early Risk Identification for default behaviour in financial products, such as loans – cards/credits, can help lenders. With Segura, they will be able to utilize customer consumer profile identification based on income, psychographics, and product purchase behaviour patterns in all relevant categories.

     

    Benefits of Segura:

    ● It complements bureau scores through overlay heat maps on delinquency profiles, customer behaviour, and income levels.

    ● It helps in a more robust credit assessment that results in a more accurate approval/rejection percentage.
    ● It identifies negative areas and green zones within the same pin code. This helps in gaining higher customer reach and sales force productivity.
    ● It aids the credit team in micro market policy formulation based on geography to identify pre-qualified areas.