This document discusses questions for a case study about Pilgrim Bank's marketing analytics. It asks how retail banks make money from customers, how much profit varies between customers, and how the bank can match service levels to profitability. It also prompts analyzing the bank's customer data to replicate analyses in the case exhibit and help determine pricing and promotion of the bank's online services.
This document discusses questions for a case study about Pilgrim Bank's marketing analytics. It asks how retail banks make money from customers, how much profit varies between customers, and how the bank can match service levels to profitability. It also prompts analyzing the bank's customer data to replicate analyses in the case exhibit and help determine pricing and promotion of the bank's online services.
This document discusses questions for a case study about Pilgrim Bank's marketing analytics. It asks how retail banks make money from customers, how much profit varies between customers, and how the bank can match service levels to profitability. It also prompts analyzing the bank's customer data to replicate analyses in the case exhibit and help determine pricing and promotion of the bank's online services.
1. How do retail banks make money from their customers? How much variation is there in profit across customers? What should the bank be doing to match service levels with profitability? 2. Using the associated dataset, attempt to replicate the analysis done in the case, especially Exhibit 3. 3. How should Pilgrim Bank be thinking about pricing of online banking? Should they be aggressively driving a shift to online banking? Think about what kind of analysis you might want to do on the data to help you answer these questions.
Behavior Analytics in Retail: Measure, Monitor and Predict Employee and Customer Activities to Optimize Store Operations and Profitably, and Enhance the Shopping Experience.