#22: What it takes? A Deep Dive into Personalization, Customer Segmentation & AI with Brendan Gillen
Description
The conversation with Brendan Gillen covered a spectrum of strategies, emphasizing the pivotal role of Customer Lifetime Value (CLTV) and fostering lasting customer relationships.
Brendan stressed the significance of meticulous planning, advising e-commerce businesses to start early and align their strategies with customer behavior during peak seasons.
Brendan highlighted the power of personalization. Tailoring offerings based on customer segments, be it new customers or loyal ones, ensures a targeted and effective marketing approach. Brendan delved into the importance of delivering a memorable experience. From fast order fulfillment to personalized communication, creating a positive shopping experience builds lasting connections and turns customers into brand advocates.
The discussion unveiled four key strategies for boosting customer LTV. These included providing a memorable experience, identifying the next relevant product for customers, rewarding loyalty, and implementing attention-grabbing offers to win back customers who haven't shopped again.
Brendan shed light on leveraging AI in e-commerce operations. He suggested using ChatGPT for marketing ideation, turning it into a conversational tool for generating ideas and even automating aspects like email marketing planning.
United States
