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Startup of the Week Email: Mineful 

Startup Success: 

Willer @ the CEC: Press, Metropolis, Built-in

 

BrightTag Raises $5 Million

 

Chicago Needs Code Academy 

 

Mineful Blows Away The Competition

 

New World Ventures Invests in SinglePlatform

   
Events: 

Momentum Awards Dinner -NEW DATE, October 6, 2011

 

Chicago Lean Startup Circle: Matt Moog of Viewpoints and Built In Chicago - 8/18

 

Twenty Something Blogger Summit - 8/19 - 8/21

FundingPost Consumer Products - 8/25 - $100 off Discount code: chicago2011 

SocialDevCamp Chicago, Not just for programmers - 8/26 - 8/28 - 20% off Discount code: "cecfriends"


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Greetings!

Each week we will share a Chicago company with you. We hope that you will benefit from their services and get to know, partner, meet with or invest in these companies. 
What does Mineful do?
Mineful

 

Mineful helps companies use data to retain customers. It integrates with your e-commerce shopping carts (e.g. Shopify) and CRM systems (e.g. Salesforce.com) in order to look at your customer's behavior and predict which customers are at risk. It then creates a list of customers you need to get in touch with along with easy tools to communicate with them. There is a big gap between analytics and benefits for a company, and by taking action on the data, Mineful closes that gap. The platform also provides customer and sales metrics to ensure your customers are on path to loyalty. It's free to use when you upload less than 2,000 customers. 

 

Why do you care?

 

Companies lose 25% of their customer base every year and it costs them 7x more to acquire new ones than to maintain their current customers. Did you know that a small increase in retention can lead to huge increases in profits? Mineful's analytical platform has helped B2B companies and e-tailers increase retention rates by 3 to 5 percentage points. Various Mercedes-Benz dealerships increased revisits by 150 customers giving them a total extra revenue of $225,000. 

Contact:
Take action on your data and create your own account, it'll only take minutes to start benefiting from Mineful. If you need any assistance, call 800.848.9317 or email info@mineful.com.

  Best,   

 

  The CEC Team

 

  chicagolandec.org

  CECMomentumAwards.org