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Why every marketer’s job depends upon big data and mobile

by Jenny on April 30, 2015 Comments Off on Why every marketer’s job depends upon big data and mobile

You’ve probably never heard of Signet Bank. A small, Richmond-based regional lender formed in 1987 by the merger of two even smaller banks, Signet was typically associated with the types of plain vanilla loans that make the executives at the financial behemoths in New York fall asleep in their chairs.

But that would soon change. In the early 90s, Signet made a bold bet: the company staked the future of its consumer lending business on two scarcely-known pioneers in the nascent field of applied data science whose ideas had been largely ignored by Signet’s larger, global competitors in New York.

The two men, Richard Fairbank and Nigel Morris, theorized that they could use data related to the Signet’s best, most profitable credit card customers — even seemingly irrelevant information such as where they went to college, or how many kids they had — to help them predict or model the profitability of new applicants, which would in turn allow the bank to offer more favorable terms to entice these higher-value customers.

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Why every marketer's job depends upon big data and mobile

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Jenny

Jenny Dinnen is President of Sales and Marketing at MacKenzie Corporation. Driven to maximize customer's value and exceed expectations, Jenny carries a can-do attitude wherever she goes. She maintains open communication channels with both her clients and her staff to ensure all goals and objectives are being met in an expeditious manner. Jenny is a big-picture thinker who leads MacKenzie in developing strategies for growth while maintaining a focus on the core services that have made the company a success. Basically, when something needs to get done, go see Jenny. Before joining MacKenzie, Jenny worked at HD Supply as a Marketing Manager and Household Auto Finance in their marketing department. Jenny received her undergrad degree in Marketing from the University of Colorado (Boulder) and her MBA from the University of Redlands.

JennyWhy every marketer’s job depends upon big data and mobile