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Tailormade market news: Ibramerc presentation
Transcript of Tailormade market news: Ibramerc presentation
First news mail groups per product to colleagues
“It is not the strongest of the species that survives, nor the most intelligent. It is the one that is the most adaptable to change.”
Internal tailormade news system
'Opt-in' pilot external
'Opt out' 4000 customers
80% still subscribed
Scientific research University of Tilburg
Metals wholesaler (plates, tubes etc.)
Valkenswaard (Eindhoven), Netherlands
660 employees in Netherlands, 440 in sister companies
Turnover about € 800 mln
Differentiation strategy for 70 years: no competition on price
Goal of MCB's Market Intelligence System: know what companies do before their manager knows
Political/ law Developments
MCB's Intelligence Scope
MCB's Intelligence Process
MCB's Intelligence Timeline
Tailor made news mails/ RSS/ Twitter
"Manager plans, organizes, coordinates and controls, and needs a dashboard" (management information system)
"Managers go through the day consuming managementinformation through 'infosnacks' that are fed to them"
76 twitter accounts, one per subject
Why send daily news to customers?
- Goodwill/ 'Brand Butler'
- Better customer = better for MCB
- Top of mind
1000+ sources each 15 minutes
- Opt-out subscription of 4000 customers
- News profile based on products they buy and sectors they work in
- Announced, low threshold to unsubscribe
- 80% (3200) customers still want a mail each day
Two causes of higher customer loyalty through tailormade market news:
Better 'thought leadership' image of MCB
1 FTE, 2 persons
A sneak peak in our Content Generator
Legal stuff/ patenting
Version 2.0: Software as a service
Application: make automated periodic reports from
Non-business statistics (sports?)