Uncategorized

EXPERT ADVICE

Taking Customer Loyalty to the Next Level

Today, loyalty programs come in all shapes and sizes, and they give retailers, financial institutions and hotels opportunities to reward their best customers like never before. New loyalty solutions help track customers' spending trends, including when and how much they are spending. Targeted market...

EXPERT ADVICE

Smarter Planet, Smarter Processes

As the systems that run the way we work and live become smarter, the workplace as we know it is undergoing dramatic and dynamic change. The challenge organizations face is embracing the rapid shifts in today's world for their own advantage rather than resisting them. In the face of this challenge, ...

INSIGHTS

The Shifting Call Center Paradigm

What is it about customer service that drove three major CRM companies to make announcements about their service products within days of each other last week? Oracle and Salesforce.com each announced new or completed development of functionality, and RightNow said it bought HiveLive, a social netwo...

EXPERT ADVICE

Best Practices for Managing Small Projects

Small projects, though often overlooked, can make up the bulk of the portfolio and are crucial to a company's success. They might not involve large sums of money, but the fact is that if managed improperly, these small projects can add up to some major costs in the long run. The good news is that ...

MARKET SNAPSHOT

CRM in 2009: Personal, Social, Mobile, Adaptable

Making sure that every customer gets the personal touch may be fairly easy for the owner of a neighborhood bakery, but in a mass market of millions, making each customer feel like an individual is a formidable challenge. In the information age, tools like customer relationship management software ma...

IVR Systems: Are They Done Yet?

Remember the bad old days of customer self-service? Automated systems would present you with five or more different options -- any one of which could lead to five or more other options. With touchtone systems, accidentally pressing the wrong number at a prompt could result in instant death by discon...

Coaching a Killer Sales Force

With a variety of options available for training their revenue-seeking professionals, today's sales leaders need to carefully select the methodology that will most directly impact their bottom line. Ongoing Aberdeen research of over 500 companies surveyed in July and August of 2009, which will be pu...

INSIGHTS

Funny, Beautiful Symmetry

There is a lot of unspoken information in last week's announcements by Sage and Salesforce.com about their respective contact managers. Each is creating a disruptive innovation that affects the other, and the symmetry of these dual and dueling announcements is frankly beautiful in a funny way. To r...

EXPERT ADVICE

Customer Respect Management: It's About Time

Aretha Franklin didn't intend it, but she offered a powerful business lesson when she sang "R.E.S.P.E.C.T -- find out what it means to me." Customer relationship management has evolved into customer experience management, and respect is the biggest part of providing an excellent customer experience....

BEST OF ECT NEWS

Robots on the March: The Supply Chain Gang

Zappos, online shoe emporium extraordinaire, has been expanding its line of merchandise in recent years -- offering clothes, watches and other jewelry, and even housewares. For the consumer, the shift has appeared effortless -- just more categories to explore on the Web site. Behind the scenes, thou...

EXPERT ADVICE

The 'Flat Funnel' Marketing Myth

The concept of "the funnel" is a sacred cow in marketing. The basic concept of leads progressing through a series of steps of escalating interaction until they finally make a purchase is intuitive. At the macro level, it is fairly easy to model the funnel and assign labels to each step -- awareness,...

EXPERT ADVICE

Beyond CRM: 5 Steps to Outfox Your Competitors

Imagine this all-too-common scenario: A customer needs to add a new line to his cellphone plan. He's had a number of reception and phone issues, and he will stay with his current company only if offered a very good deal. However, the agent -- unaware of the prolonged dissatisfaction and insensitive ...

INSIGHTS

Customer Experience vs. Service-Product

Last week, I made the suggestion that we have overdone our reliance on customer experience as a customer intimacy tool -- something that I stand by. The idea of customer experience looms large, and there is no denying its power as a theme in CRM. But if our interpretation of customer experience is...

The greatest obstacle small business operators face in adopting business process management is themselves. That factor could account for the underutilization of BPM by small businesses -- and the reason BPM vendors have targeted the small business sector as a huge potential market. Of course, the ab...

The last 10 years has brought sea changes to the customer service industry from both operations and technology standpoints. Organizations have moved away from traditional domestic live phone support toward new technologies and business models such as interactive voice response, intelligent scripting...

CRM Buyer Channels