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Untitled Document
Too often, even the best CRM solutions don’t
have the ability to carry customer relationships
through to the most profitable, or even the final
sale. As a result companies often miss out on the
full revenue and profit potential of their customer
interactions.
But now, TrueChoice® Solutions, Inc. bridges
that gap with easy-to-use, real-time solutions
that identify each customer’s exact preferences
– and then turns those customer insights into a
profitable sale.
Drawing on decades of thought leadership,
TrueChoice® Solutions is the leading innovator
and provider of on-demand solutions that bring
preference measurement and analysis to the
fields of customer-centricity, sales optimization,
customer relationship management and human
capital management.
TrueChoice® Solutions is the commercial
realization of more than 15 years of research
in the fields of preference measurement and
marketing science conducted by industry
pioneers Professor Dick R. Wittink and Sev
K-H Keil at Stanford, Cornell, Columbia and
Yale Universities.
Headquartered in New York, the company
operates globally to deliver its TrueChoice®
Preference Technology solutions to a growing
list of Fortune 500 clients.
Solutions
For its clients, TrueChoice® Solutions designs
and configures TrueChoice® Preference
Technology solutions to collect customer and
employee preference data including willingness
to pay and profit reserve. As data is collected
it is analyzed by the TrueChoice® proprietary
econometric models in real time. All TrueChoice®
Preference Technology solutions are delivered
in an on-demand, hosted environment so that
customers, sales professionals and management
can benefit from real-time insights into individual
preference structures. TrueChoice® is industryagnostic
and works in all B-to-C and B-to-B
industries – best practice applications exist in
industries, such as technology, financial services,
telecommunications, aerospace, pharmaceuticals,
forest products, B-to-B services, hospitality, real
estate, etc.

TrueChoice® Solutions’ clients have achieved
measurable bottom-line improvements by
employing the next-generation preference
analytics of TrueChoice® to optimize one-on-one
customer experiences and critical marketing,
product and strategy decisions. With real-time,
on-demand access to customer and employee
preference analytics, TrueChoice’s clients have
a unique competitive advantage when making
decisions about marketing strategy, pricing,
product strategy and employee health and wealth
benefits. This advantage yields truly actionable
insights and real, measurable financial
returns. Our clients have realized significant
improvements in business performance:
- Up to 400 percent increase in the number of
sales leads;
- 15 to 60 percent increase in revenue;
- 23 percent increase in revenue per customer;
and
- 4X increase in conversion rates.
The TrueChoice® portfolio of solutions includes:
The TrueChoice® Predictive
Selling Solution
TrueChoice® Predictive Selling delivers intelligence
on an individual customer’s preferences and buying
points as a stand-alone, hosted solution. It can also
seamlessly integrate as an extension to existing enterprise
CRM and SFA systems. Examples include:
- Product matching and optimization for
individual customers and prospects;
- Personalized advice and decision tool to
significantly improve the customer experience;
- Sales lead generation and qualification; and
- Detailed insight into an individual customer’s
preferences including willingness to pay, price
sensitivity, purchase likelihood and more.
TrueChoice® Customer Insights
Remaining innovative and highly responsive
to trends in your customer base is critical to
success in perpetually changing markets. The
most current and relevant customer insights are
required to launch and market products that will be
successfully received by customers.
TrueChoice® Customer Insights provides
real-time insights into customer preferences
and buying decisions throughout every stage of
a product’s life cycle. This powerful analytical
solution delivers:
- Real-time customer insights on new products
– pre- and post-launch – to help you maintain a
constant feedback loop with your customers;
- Detailed customer feedback, as you would
get with a customer advisory program, but
without the associated expense and time; and
- Insights that drive innovation, pricing and
effective marketing strategy. TrueChoice
captures data to innovate, develop, enhance and
retire products at each stage of their life cycles.
The TrueChoice® HR Solution
The TrueChoice® HR Solution brings the power
of TrueChoice® to the critical area of employee
compensation, benefits and rewards programs,
making it easy for employees to make sound
decisions about their futures – while optimizing
ROI for the employer.
TrueChoice® HR is a Web-based, on-demand
preference analytics solution that is configured
and hosted by TrueChoice® Solutions. There is no
hardware or software to purchase. TrueChoice®
HR delivers its unique and quantifiable employee
insights as a stand-alone, hosted solution. It can also
seamlessly integrate with existing enterprise HR
systems. Examples include:
Total Rewards – Allows employers to eliminate
undervalued programs, see the willingness to
contribute to various features and help employees
understand and manage health and wealth options.
Healthcare Planning and Design – Helps
employers find the optimal mix of plans, coverages
and deductibles, and inform and encourage employees
about responsible healthcare decisions.
Acquisition and Restructuring Management –
Enables employees to see the effects of change, spot
“best practices” and learn the quantitative effects of
corporate cultural and rewards differences.
Compensation – Enables employers to optimize
compensation and commission schedules, identify
what truly motivates employees, boost salesforce
effectiveness and build long-term loyalty.
The TrueChoice® Experience
Using an intuitive, user-friendly interface,
TrueChoice® solutions lead customers and employees
through an interactive dialogue, allowing them
to communicate their priorities and preferences.
Each successive step in the interaction adapts to
the participant’s previous answers, providing the
experience of an interactive dialogue, rather than a
simple survey. This process can take place faceto-
face with the guidance of an advisor, or it can
be offered through any Web-enabled PC, kiosk or
mobile device. Independent research underlines that
over 94 percent of users agree “this tool really adds
value to me” and “helps me make better decisions.”
Global Presence
TrueChoice® operates globally, with offices in
New York, San Francisco, Houston, Düsseldorf,
The Hague and Sydney, to deliver its TrueChoice®
Preference Technology solutions to a growing list
of FORTUNE 500 clients. TrueChoice also partners
with leading consulting firms and system integrators
to achieve the greatest possible value for clients.
Management Team
TrueChoice® Solutions is led by Chairman & CEO
Sev K-H Keil, who co-founded the company. Mr.
Keil is an expert in e-business with a background
in marketing, quantitative methods and information
technology. He has served as a director of the Center
on Global Brand Leadership at Columbia Business
School, the University of Munich and CEIBS Shanghai;
as a Visiting Scholar at Yale University’s School of
Management; and as a visiting professor at various
EMBA programs. Mr. Keil has also consulted and
taught extensively on e-business, customer relationship
management, customer satisfaction and strategy in Asia,
Europe, the Middle East and the United States.
Contact Information
TrueChoice® Solutions, Inc. is privately held,
and may be reached at 212.660.0300 or sales@truechoicesolutions.com.
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