CSN Stores enhances shopping experience with IBM Netezza TwinFin appliance

Last Updated: August 5, 2020By

CSN Stores, the third largest online retailer of home goods in the U.S., has selected IBM’s Netezza® TwinFin® appliance to quickly mine and analyze terabytes of business data flowing through the company every day.

The new appliance will power CSN’s business analytics platform to monitor trends related to profitability, customer satisfaction, customer retention, order fulfillment and supply chain. The company will use the data to drive organic growth initiatives and discover new ways to better serve their customers.

With a network of over 250 award-winning online retail stores including, AllModern.com, Luggage.com, Cookware.com, BedroomFurniture.com and Strollers.com, CSN sells over two million products – everything from toys, tools, and toasters to furniture, fitness gear, and flooring – offering unparalleled selection, service and savings to more than seven million visitors each month from the U.S., Canada, U.K., and Germany.

Because CSN Stores is on an aggressive growth plan, the company required a solution that provides scalability well into the future. With the IBM Netezza appliance, CSN is able to go beyond the capabilities of its legacy data warehouse and answer questions in seconds or minutes that previously took hours or days.

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To achieve better sales and profits, most companies could be doing more to cultivate business from their existing customers. However, enthusiasm for customer-retaining strategies must not endanger sound customer-getting efforts. How companies balance the two is the big question. To intensify reaching old customers while still seeking new ones, for many firms, will mean changes in market analysis, planning systems, management incentives, and marketing and/or operations organization. In the rush toward growth, consumer marketers have tended to regard success as stemming from obtaining new customers while unwittingly minimizing the importance of satisfying old ones. It is time for more companies to distinguish between their getting and retaining functions, to assess the balance between them, and to remedy any deficiencies in customer retention. This process requires management to value the potential of current customers and to treat them in special ways to get them to keep coming back. Several major elements should be part of the new marketing mix for customer retention: Product extras Keeping customers frequently requires giving them more than the basic product that initially attracted them. Product extras for individual customers over time can play a sales-expansive role. Reinforcing promotions Product promotion works better when aimed at existing customers. If a marketer knows who these customers are, benefits can be obtained by giving them reinforcing communications. Sales force connections The sales force can play a decisive role in the customer-retention function. At a retail or service counter the salesperson is the focal point of the company's strategy and is the firm to the customer. Post-purchase communication A company must anticipate that some customers will encounter either minor or serious problems after purchasing. If the firm is not ready to hear and correct these difficulties, the customer may not repurchase  or may cancel the the relationship. Whether company or customer is at fault, standby post-purchase activities can be instrumental in saving these customers.

One Comment

  1. Chintan Bharwada January 19, 2011 at 11:51 pm

    New post: CSN Stores enhances shopping experience with IBM Netezza TwinFin appliance http://bit.ly/hQrVsi

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