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2. Find words in the text that can be used to make word combinations with the nouns customers and data.

3. Complete the sentences using word combinations from Ex. 2 above. Then decide if the statements were made by CRM marketers, consumers, or representatives of a consumer watchdog. Complete the sentences.

1. Our privacy policy guarantees that we will not … data or share customer records

with other companies.

2. Purchasing records can be used against consumers. In one recent divorce case a woman used the data ………. when her husband used a loyalty card to prove he had a high income.

3. I like to receive discounts and vouchers. To be honest, I don’t mind if someone ………..

data on how much coffee and tea I buy.

4. We can, for example, … -between customers who have small children and those

with teenagers.

4. Patricia Clement is in charge of CRM for an online cosmetics boutique. She is explaining their marketing strategy to potential investors. Choose the correct words from the brackets to complete the presentation.

‘... At BigChoiceCosmetics.com, we believe that customer loyalty is key. We concentrate on building long-term (1) … (needs / relationships / feedback-loops) with our customers. How do we do it? Like many successful dotcom companies, we have implemented a one-to-one or (2) … (CRM / data warehousing / data mining) approach.’‘The first step is to (3) … (gather / identify / analyse) our customers - before buying cosmetics from our website, customers register their personal details and preferences. We (4) … (differentiate/ store / customize) this information in a (5) … (database / front office system / watchdog) so the next time the customer visits, we know who they are. Over time we build up a customer (6) … (value / record / pattern). We can (7) … (differentiate / customize / implement) between our customers based on their needs - what they buy, and on their value - how much they spend. People often ask me about our communication strategy. At BigChoiceCosmetics.com we prefer to talk about (8) … (learning / interacting / treating) with our customers in a two-way (9) … (loop/ data, warehouse / dialogue). Let me give you an example. Last year we launched an e-magazine called the BigChoiceCosmetics Guide. We emailed over 500 versions of the Guide! This is what the CRM expert, Don Peppers, calls mass (10) ... (customization/ marketing / data mining). Take, for instance, Miss Brown: she is 17, and recently bought lipstick from our Fashion range. She received articles about top models and a competition to win free samples of a new lipstick. We didn’t send her discount vouchers for anti-ageing cream, but we did send them to her grandmother! As I said, we have (11) … (gathered / tailored / revealed) a huge amount of information. Today, our major challenge is to exploit the data stored in our (12) … (database / pattern/ front office system). We need your help to invest in sophisticated (13) … (data mining / learning / relationship) software ...’

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