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Chicago skyline |
My first week at Groupon went by fast – I actually cannot
believe 10% of my internship are already gone between learning about the
company, getting to know my team and getting back into work mode. I feel really
lucky that the culture at Groupon is pretty laid back, people are extremely
friendly and welcoming, willing to help and yet giving you the freedom to go
explore on your own and define your own adventure, which makes the school-work transition
pretty seamless.
I am a part of the Marketing team and more specifically the
Customer Relationship Management (or CRM) team which is mainly focusing on
consumer activation. For perspective, Groupon has about 40 million subscribers
out of which only about 30% are active users (meaning they buy Groupons) at any
given point of time. And that’s when the CRM team comes into play – the goal of
the team is to get as many subscribers as possible to become active users and
also to reward our best subscribers for their loyalty.
As you can imagine, like any online business Groupon has no
shortage of data, however the big question is how to organize and synthesize these
data in a way that’s meaningful and allows people to make better-informed
decisions. That’s what I will be tackling this summer – identifying KPIs (key
performance indicators), thinking about consumer segmenting and then designing
and working on implementing a reporting system. But before I can do all that I have
to learn Groupon-speak. It always amazes me how many acronyms people use at
every firm!
Outside of work, I’ve been exploring Chicago. I have to say
before coming here I didn’t quite understand why all the people who’ve ever
spent a summer in Chicago say it is so amazing but a week in I am starting
to understand. There are so many events and festivals organized by the city
authorities! Just this past weekend there were at least three festivals – an arts
fair, a blues festival and a ribs fest. How amazing is that?! I am really
excited for what’s yet to come and I’ll keep you all posted.
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