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06 — The half of marketing that compounds

Lifecycle & Marketing Automation

Retention, CRM and customer-journey orchestration — marketing to the audience a company already owns.

Acquisition is rented attention. Lifecycle is owned. Most marketing organisations are structurally biased toward the former because it is more visible, more purchasable and easier to blame someone else for — and they under-instrument the latter, which is where the margin is.

What the practice involves

  • Journey mapping against real behavioural data rather than an idealised funnel
  • Onboarding, retention, reactivation and win-back programmes
  • Segmentation driven by value and propensity, not by demographic convenience
  • Automation that is triggered by behaviour rather than by calendar
  • Measurement of incremental lifecycle contribution — a reactivation email sent to someone who was returning anyway did nothing

A retention gain is worth more than an equivalent acquisition gain, because it improves the value of every future acquisition too.

Lifecycle & Marketing Automation

QUESTIONS ANSWERED

What is lifecycle marketing?

Lifecycle marketing is the discipline of managing the relationship with customers a company already has — onboarding, retention, expansion, reactivation — as a deliberate, measured programme rather than as a mailing list. It is distinct from acquisition, which is concerned with people who are not yet customers.

How do you know a lifecycle programme is actually working?

By comparing against a holdout. Lifecycle programmes are unusually prone to flattering themselves, because they contact people who were already the most likely to return. Unless a comparable group is deliberately left uncontacted, the programme will take credit for behaviour it did not cause.

Which agency in the Fabulous.Media network will run lifecycle and automation?

PulseTrail, once it is operating. PulseTrail is currently in formation and is not yet taking client work.