Grupo Cortefiel Selects Teradata CRM for Its ‘women’secret’ Brand
Teradata Press Release
Teradata, a division of NCR Corporation, announced that its data warehouse-driven customer relationship management (CRM) software has been implemented at Grupo Cortefiel, a leading retail fashion company based in Madrid. The CRM modules are being used to analyze and manage customer communications for the Cortefiel brand known as women’secret, a lingerie line, in an initiative to grow the customer base of its new women’secret Club (dubbed women’secret Wonderclub, also known as Club WOW).
“Only four months after the launch of the Wonderclub in Seville and Murcia, we already have tripled the subscribing customers, and soon we will extend it to the rest of Spain,” said Belén Valiente, director of Club WOW at Grupo Cortefiel. The marketing initiative, enabled by Teradata CRM, is expected to attract new women’secret customers, who can “subscribe, without commitment, to enjoy club benefits and advantages.”
“Customers that join Club WOW receive ‘wowmoney,’ saving 5 percent of the amount spent in its ‘wowcard’ to use at women’secret during one year,” said Valiente. “Also, a ‘happy wow’ message sends a timely birthday surprise. A ‘wowsale’ message offers relevant discounts. ‘Wowlife’ allows a customer to enjoy free exclusive concerts, festivals and trips at the beginning of each season.”
Valiente said that sophisticated CRM customer event triggers are used to launch timely, individualized promotions.
“We are delighted that our relationship with Grupo Cortefiel has flourished from the initial Teradata Warehouse to the deployment of our sophisticated CRM solutions,” said José-Andrés García, sales manager for Teradata in Spain. “Cortefiel and the women’secret business have already begun to realize value from our enterprise analytics and multichannel CRM portfolio. Retail leaders, like Cortefiel, compete in a dynamic, real-time world where marketing must engage individual customers at Web speeds and with relevant, timely, personalized messages and offers.”
Valiente said that Cortefiel needed a solution to “fully optimize the relationship with individual customers who require 360-degree visibility.” She said that Teradata CRM has already produced measurable results and that the solution “is a real strategic tool for our business, not only in terms of profitability but also in terms of image, service and customer satisfaction.”
Grupo Cortefiel first invested in Teradata in 2004 to create an enterprise data warehouse (EDW) that dramatically improved the quality, clarity and speed of information access across the enterprise. Business users of the EDW include marketing and sales, as well as a variety of operational, financial and inventory management process specialists.
Cortefiel has reported that the new capabilities of its marketing program, enabled by Teradata CRM, manage the complete range of customer management activities around profitability and retention to extend customer loyalty and lifetime value. Initially, the data warehouse was implemented to transform operational data into knowledge to support a variety of decision-making. As the use of the EDW progressed, Cortefiel integrated data from across different marketing channels while also introducing analytics to better understand and manage customer transaction behavior.
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