Author name: lhansen@ascent360.com

Helping Bicycle Retailers Grow Their Business

Helping Bicycle Retailers Grow Their Business

CEO & President of Ascent360, Scott Buelter, recently sat down with Heather Mason, President of the National Bicycle Dealer’s Association to discuss the importance of relationship marketing and enriched, reliable customer data for bicycle & specialty retailers. This conversation is crucial right now — inventory has started to regulate again and ridership numbers are up, but people aren’t coming into the store as often. We examined how we can look to the services bike retailers provide to increase gross margins and help retailers stay in touch with their customers.

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What is an RFM Score and What Does It Tell You About Your Customers?

What is an RFM Score and What Does It Tell You About Your Customers?

At its core, the Recency, Frequency, Monetary (RFM) score is a tool to understand customer value by comparing individuals to one another. This helps marketers understand who their most valuable customers are (or their VIP customers), which customers have lapsed, who their repeat customers are, etc. RFM has been used in database marketing for about 20+ years.

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Holiday Marketing Best Practices

Holiday Marketing Best Practices

It may not be considered the “holiday season” just yet, but marketers should be taking advantage of holidays year-round as an impactful way to increase sales and bring back more customers! For example, most American consumers will be celebrating the Fourth of July, while your Canadian customers are celebrating Canada Day on July 1st—this is the perfect time to send out timely, targeted campaigns.

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Loyalty Program vs Loyalty Marketing: Which One is Right for You?

Loyalty Program vs Loyalty Marketing: Which One is Right for You?

Loyalty programs are often a common tactic used by B2C companies to encourage repeat purchases. For instance, say you are a coffee shop that offers a free coffee or pastry to your customers on their 10th visit or perhaps you offer a point system that comes with a reward after they reach a certain amount. Businesses like coffee shops or ice cream parlors find success with this tactic as it encourages repeat purchases and keeps their customers happy (who doesn’t love a free treat?).

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4 Reasons Segmentation is Critical to Your Email Marketing Strategy

4 Reasons Segmentation is Critical to Your Email Marketing Strategy

Email marketing has shifted significantly in the last decade and many traditional methods simply don’t have the effect they used to — in fact, some of them don’t work at all. The concept of email marketing, however, remains as impactful as ever using the right techniques. According to HubSpot, customer segmentation is the topmost effective strategy for email marketing campaigns (78%), and these are the four reasons why.

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How To Drive More Meaningful In-Store & Online Traffic

How To Drive More Meaningful In-Store & Online Traffic

There are a lot of ways to communicate with your customers, but the key element is communicating with them in the right way. Mass marketing will reach your database, but it’s not likely to engage them or convince them to make a purchase. Instead, if you have data that tells you something about your customers (e.g., female, 55 years old, who just purchased a road bike), you can use it to market in a much more familiar and friendly way.

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How Specialty Retailers Can Reel In More Customers

How Specialty Retailers Can Reel In More Customers

Recently, Scott Buelter, CEO of Ascent360, sat down with Lee Miller of FISH307 to discuss the specialty retail industry and how data driven marketing automation has created new paths of growth for their company. They have also found that upgrading to a next level tool that seamlessly integrates with their existing systems makes all the difference in creating a unique customer experience and driving more sales.

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Top 3 Campaigns All Resorts Should Be Using Year-Round

Top 3 Campaigns All Resorts Should Be Using Year-Round

Ski and four-season resorts have a distinctive set of systems and databases, transactions, and varying guest behavior to consider, meaning that resort marketers must tailor their campaigns to address very specific needs. Historically, resort data tends to be scattered and difficult to glean insights from considering the wide range of data being collected, whether that’s from pass purchases, lodging, dining, gear rentals, lessons, and so on.

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