Bookworm Inc. - PowerPoint PPT Presentation

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Bookworm Inc.

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Bookworm Inc. Designing Catalogs for Targeted Marketing Company Background Online Bookstore Annual Revenue : $6 million Tot.Market For Online Books:$2.4 billion ... – PowerPoint PPT presentation

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Title: Bookworm Inc.


1
Bookworm Inc.
  • Designing Catalogs for Targeted Marketing

2
Company Background
  • Online Bookstore
  • Annual Revenue 6 million
  • Tot.Market For Online Books2.4 billion
  • Competitors Amazon.com, Barnes Noble etc.
  • Objective Design customized catalogs for
    customers to facilitate targeted marketing

3
Sample Survey
  • For each category (mysteries, history etc.), each
    customer is ranked, on the basis of
  • Ranks assigned by her in the survey
  • Her responses to the other questions (Interests,
    Industry etc.) in the survey
  • Her order history
  • Rank(customer,category)function(survey
    responses, order history)

Customer Id_____ Location______ Rank the
following on a scale of 0 to 5, where 0No
Interest and 5High Interest 1) Mysteries 2)
History 3) Politics Education Level____,
Ed.Type_____ Industry________,Position_________
Annual Income______ Interests______,
Ethnicity_________ Sex____,Marital
Status___________ No. of children____,Birth
date______
4
EER Diagram
(1,N)
Catalog
Includes
(1,N)
(0,N)
Mail_to
(0,N)
(0,N)
(0,N)
(0,N)
Customer
Member_of
Ranks
Category
(0,N)
Places
(1,N)
(0,N)
(0,N)
(1,1)
Ranks
(1,N)
Order
Ranks
(0,N)
(0,N)
Includes
(0,N)
(0,N)
(1,1)
(1,N)
(0,N)
(0,N)
Books
Author
Writes
Ranks
Club
Ranks
(0,N)
5
Microsoft Access Relationships
6
Customer Grouping
  • Customer Ranks Based on Survey.
  • Group customers who have similar preferences.
  • e.g. High preference for Politics, Secondary
    Preference for History and low for Mysteries.
  • Similarly other customers grouped.
  • Future Customer Rank based on Survey,
    Order-History Background.
  • Demographers, Statisticians and Anthropologists
    needed. (We are hiring, Apply now)

7
Catalog Generation Query
  • Generate catalogs for each group of customers.
  • Selection of recent books More books in primary
    category, fewer in secondary.
  • Future Selection Based on publishing date,
    sales, reviews, author etc.

8
What can be done
  • Acquiring new customers
  • Customized catalogs
  • Targeted market campaign
  • Better keep existing customers
  • Customer profile
  • Book club recommendations
  • Cost saving tests
  • Mails offer to a sample of customers
  • Uses sample response information to determine the
    Roll mailing

9
Sample Report
10
Next step
  • Data mining
  • Real time marketing
  • Customized website
  • Email campaign

11
THANK YOU
  • GROUP 4
  • - Sharvari Prabhu
  • - Per Ingelgard
  • - Shantanu Tripathi
  • - Jiahe Zhu

Bookworm Inc.
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