Commercial Intelligence Flashcards
(65 cards)
Net Promoter Score
No. of promoters - No. of detractors / No. of responses x 100
CSAT formula
Customer satisfaction: no. of satisfied customers / total no. of customers x 100
CES formula
Customer Effort Score: Sum of responses / Total no. of responses
3 Financial Digital metrics
Revenue from digital channels, ROI & CLV
3 Performance metrics
Conversion rate, CPA, ROAS
3 Engagement metrics
Time on page, CTR, Social media engagement
Vanity metrics
Page views, Impressions, Social media followers
Useful metrics for strategic decisions
CLV, CPA, Conversion rate
5 M’s framework
Manpower, Money, Materials, Minutes, Measurement
What is CDP
Customer Data Platform. Used for data integration and centralized management.
3 main resources in any company
human, technological, financial
McKinsey 7s model
Strategy (H), Structure (H), System (H), Skills, Shared values, Style, Staff
Types of budgeting methods
Zero based budgeting (ZBB), Activity based budgeting (ABB), Priority based budgeting (PBB), Flexible budgeting, Incremental budgeting, Top down budgeting, Bottom down budgeting
what is variance analysis
measuring actual spend v/s budget
Time series analysis
studies historical data over time, e.g. seasonality sales spike
Exponential smoothing
studies recent data trends like spike in website traffic
Moving averages
Forecasting technique that calculates the average of past data without being influenced by recent fluctuations like sudden website spike. e.g. forecasting monthly advertising spend
Multiple regression
studies relationship between 2 or more independent variables and 1 dependent variable
3 types of forecasting approaches
descriptive (e.g. studying past campaigns to see which gave best ROI), predictive (e.g. estimating customer churn based on customer behavior), prescriptive (giving recommendations based on data e.g. spend more money on social ads
Gross Profit formula
Revenue - COGS
Operating profit formula
Revenue - (COGS + Operating Expenses)
Net profit formula
Revenue - (COGS + Operating expenses + Interest + taxes)
CBA stands for
Cost - Benefit Analysis
Conversion rate formula
Conversions/No. of Leads generated x 100