VULNERABILITY
ANALYSIS
Will they stay or will they go? Loyalty of customers is a
major consideration for most, if not all, marketing managers.
The cost of maintaining customers' loyalty to your brand, and
attracting your competitor's customers is often the most
expensive activity, if not the only activity, of the
marketing department. So, how can this expenditure be reduced
without loosing more (and valuable) customers? Surely it is
not possible to have no customers switching away from your
brand, but how can one acquire more customers than are lost,
are these "switchers" the valuable customers anyway, and
where do they go?
The MSC has an on-going research stream investigating
customer defection and acquisition. We can determine which of
your customers are more likely to leave you, and which of
your competitor's current customers are more likely to become
your future ones. We can determine the expected uptake of
newly launched brands and marketing initiatives. We can tell
you what level of switching to expect from your customer
base; whether the proportion of customers switching to and
from your brand is "normal"; and how your brand's switching
rate is likely to affect the market share of brands in the
market.
To achieve these goals, we employ predictive tools that have
been tested over the last three decades in a wide array of
markets and have been shown to be the most accurate
predictive measures known, and we are constantly working at
improving the accuracy of these predictive tools.
For further information on any aspect of Vulnerability
Analysis, please
click here.