“Precision
is the quality of being accurate and exact. Precision tools are
used for accurate and exact measurements. Precision components
adhere to a set of accurate and exact standards. Precision clocks
keep accurate and exact time.
“With
precision marketing, the principle is much the same.
By utilizing the right set of technology solutions and customer
data analytics, and by taking a specialized approach to marketing
campaign testing, design and execution, companies can tap into
a new source of power. The power is the ability to deliver ‘accurate
and exact’ marketing messages to people at a narrow customer
segment level.”
— From Chapter 1,
“The Rise of Precision Marketing”