71point4 > Projects > Financial inclusion > Customer analytics toolkit

Customer analytics toolkit

CLIENT
Consultative Group to Assist the Poor (CGAP)

DATE
Ongoing

DATA SOURCES
Survey data, qualitative data, internal transactions data

CAPABILITIES
Capacity building, customer analytics

Objective

The CGAP Customer-Centric Guide is a collection of hands-on toolkits that help organisations to design and deliver effective financial services for low-income customers. 71point4 has been working with CGAP to present the Customer Analytics and Customer Segmentation toolkits in a workshop environment. Participants include financial services providers including banks, fintechs and insurance providers.

Methodology

The Customer analytics toolkit spans the entire analytics process from finding data, drawing insights, implementation and assessing the impact on customers. The workshop talks to the various challenges that organisations may face when trying to implement customer analytics including data challenges such as data that is not easily accessible and poor-quality data and suggests strategies to overcome these challenges. The workshop includes examples and case studies from organisations that have implemented customer analytics. 71point4 has presented at workshops in Delhi, Chennai, Kigali and Accra. In addition, the team has participated in webinars hosted by CGAP.

Outcomes

The workshop aims to leave participants with an understanding of why customer analytics is important. The starting point of the workshop is to encourage participants to frame their business challenges in terms the customer. For instance, a business challenge might be: “we have a high dormancy rate”. Organisations are then encouraged to think about this challenge from the customer’s perspective, for example: “I do not engage with the service because I don’t see what value it offers me”. The workshop also provides direction on how organisations can start, or continue, their journey to customer-centricity.

Project resources

picw
View

Customer Analytics: Data analytics for customer-centric business approaches

Workshop recording & material

ca1
View

Customer analytics toolkit

Report