The relevance of principality scoring for an effective CRM strategy

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bithee975
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Joined: Sun Dec 22, 2024 3:22 am

The relevance of principality scoring for an effective CRM strategy

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With increasing competition, the principality score has become essential to retain customers and reduce churn . It allows you to identify strategic opportunities, such as in the case of an upper-middle class customer with a low score.

Even with high financial potential, this customer may not be engaged, but an poland mobile database such as a card upgrade can increase their level of commitment and reduce the risk of migration to a competitor.

Examples of different profiles and their levels of principality

Young university student

Average score, uses the account for internship grants and punctual payments.

Strategy: Offer initial benefits, such as cashback.

Small business entrepreneur

High score, with high turnover and frequent use of credit and PJ services.

Strategy

Offer flexible solutions for expansion.

Retired: low score, uses another bank to receive pension.

Strategy:

Promote portability of benefits and create bonds.
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