SAP Real-Time Offer Management

Posted by 7WONDERS On 5:56 AM

The SAP Real-Time Offer Management software is an advanced analytical real-time decision engine that enables you to optimize any decision-making process, such as for cross-sell and up-sell offers, retention, service-level adherence, and lifetime value boosting. The software takes into account all relevant information, including up-to-the-moment interaction information, to help you to take the most appropriate next action to enhance customer relationships on all customer interaction channels.

SAP Real-Time Offer Management supports the following processes, including:

  • Offer management
    • Centrally create and manage offers across all interaction channels.
    • Easily define offer targets, eligibility rules, and policies.
    • Simulate and test offer effectiveness before putting it into production.
    • Create and deploy offers without IT dependence.
  • Real-time decision making
    • Make intelligent real-time recommendations for cross sell, up sell, retention, and next-best actions.
    • Take into account all relevant customer information, including session information and other factors such as agent skills and an offer's value, to make the optimal recommendations.
    • Leverage advanced optimization and arbitration real-time analytics accompanied with personalized decision support.
  • Self-learning
    • Automatically adapt offering prioritization to shifting market trends, customer tastes, and seasonality effects.
    • Learn from every customer interaction to anticipate future customer demands.
    • Experiment and automatically learn from responses to recommend offers with highest likelihood of being accepted.
  • Offer analytics
    • Gain insights into offer effectiveness by understanding how and why offers are performing.
    • Review your agents' effectiveness in promoting offers and their conversion rates.
    • Gain a more thorough understanding of your customer segments by seeing their reactions to various offers.
    • Leverage the insights to build more effective and targeted offers.

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