Businesses want to collect more and more information
about their customers, but not just about standard demographics. As customers
get more sophisticated, you need to understand their in-store and online
shopping behavior, how they prefer and buy products, what they think about your
products, how those products can be improved, And much more.
With better knowledge of your customers, you can
have more individual experiences and stand out from your competition. Microsoft
offers a tool in the Dynamics 365 the family that does just that: Microsoft
Dynamics 365 Customer Insights.
Here's a look at what it does ... and 6 reasons why
you should include it in your strategy.
What
is Microsoft Dynamics 365 Customer Insights?
Microsoft Dynamics 365 Customer Insights helps
businesses deepen their understanding of their customers. It collects customer
data from multiple sources and aggregates it for analysis in one place using artificial intelligence (AI) and machine learning (ML). Customer Insights provides a unified
view of an organization's customers and gives marketing, sales, and service
employees the information they need to personalize customer loyalty.
Customer Insights comes with out-of-the-box Power
Platform connectors that allow users to connect to a variety of data sources
(including Power Apps, Power BI, Access, Excel, Microsoft Graph, JSON, and REST
APIs) and convert this data to the common data model format. Customer Insights
also includes predefined customer profiles that provide end-to-end views of the
customer journey. Profiles can be easily customized and metrics and segments
can be assigned to get the specific information you need for your business.
Why
should you use Dynamics Customer Insights?
Sounds good, but why should you be using customer information instead of collecting and analyzing information like you are doing now?
Identify Current, Changing, and Future Trends - With Customer Insights, you can
identify changing customer tastes and buying patterns before your competition
does, so you're ready to meet customer needs constantly evolving.
Keep Your Inventory Under Control - With Customer Insights, you can anticipate
product demand and maintain optimal inventory during off-peak and peak seasons
so you always have the right amount of inventory on hand.
Make Smarter Business Decisions - With Customer Insights' data collection and
analysis capabilities, you can anticipate market changes and make proactive decisions
to position your business forward.
Improve Your Products and Services - Customer Insights gives you the key to perhaps the most valuable information you can hope for: feedback from your customers and target audience on their future requirements for your product and how your products can be improved more efficiently. Combine these reviews into your customer profiles to create exactly the types of products they're looking for.
Integrate Customer Feedback - With Customer Insights, you can include these customer reviews in your product profiles to see how customers rate them, along with suggestions for product improvement.
Everyone Benefits - With Customer Insights, users don't need to know complex
development languages or SQL to get the information they need. Example:
"When is the best time to reach my target group and which medium should I
use?"
Customer Insights is a powerful product that can add
value to any business that tries to attract and continue to convince customers.
Whether you're already a Dynamics 365 user or using other CRM software, read Customer Insights to take your data intelligence
to the next level.
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