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As business intelligence and analytics hit full stride this year, dashboards are becoming ubiquitous. Typically marketing, sales, operations and, increasingly, quality management departments are all creating their own. Each are populated with their own specific metrics of interest and key performanc...
There's no other series of business processes that are going through more of a transformation today and impacting customer relationships more than order management. These series of processes have gone through multiple owners, first starting with IT who adopted them as a quick way to achieve ERP syst...
While much has been written on how vendors can get the most out of their analyst relations strategies -- both in blogs and in my book -- little has been written about how technology buyers can maximize their use of advisory firms. Jim Zimmerman, in his blog, Analyst Perspectives, presents this issue...
In many technology-driven companies, customer advisory councils are the weapon of choice of marketing and sales departments when the unmet customer needs get lost in new product development. Anyone who has worked in the technology industry long enough has been handed a product or application that is...
Whenever I think of New Year's resolutions, one of Mark Twain's best quotes comes to mind: "A habit cannot be tossed out the window; it must be coaxed down the stairs a step at a time." Resolving to change is really what customer relationships and serving customers is all about. How many times has ...
The coming year is going to reorder entire industries due to customer churn. With this reordering will be an entirely new set of selling dynamics, as existing ones prove marginally successful into 2007. The old "bundle three" rule for higher customer retention will prove no longer as effective as i...
Like many industry analysts and alumni, I find analytical concepts sexy. Add in creating strategies for serving customers more efficiently while being profitable at it, and the conditions are perfect for the creation of an Accidental Analyst. The analytical side of CRM experienced explosive growth ...
It's about that time of year when we see all the predictions and forecasts of how much online sales will increase, by product, for this holiday season. From cautiously to wildly optimistic, these forecasts are things that e-commerce managers' dreams are made of. There's something missing in this y...
It's the catch-all department in many companies where top sales funnel activities like lead and demand generation are found, or lower sales funnel strategies including pre-sales support, pricing exceptions and team selling are found. It's team selling on enterprise-class ERP applications. It's als...
The best performing companies when it comes to customer-facing strategies actively attack the seven deadly sins of CRM with a vengeance. These observations come from their quantified success, and for certain publicly held companies, a rise in their Price/Earnings Ratio, stock price and valuation. ...
The service revolution in CRM -- and, in fact, throughout customer-facing strategies -- is well underway in many companies. The reason the remainder of the industry doesn't see it yet is because many CRM vendors' responses to the revolution are so slow that they make lagging economic indicators loo...
For many companies, there is an uncomfortable truth that even with CRM systems in place, one big gaping hole comes up again and again in customer experience: it's the nagging issue of saving customers time. Does your CRM system really respect your customer's time, rather than your sales person's tim...
With the CRM vendor landscape going through so many changes today, it's an excellent time to check up and see what your vendor's viability is, what their future prospects look like, and especially for the best-of-breed vendors, what their exit strategy is, if they have one. I have compiled some quic...
For many manufacturers, indirect channels provide the majority of their revenue yet carry only a small percentage of their most profitable products. Instead, indirect channel partners opt to move literally tons of low-margin items, competing in the marketplace on price and availability alone. The el...
Earlier this year I spent a couple weeks in Australia visiting subsidiaries. I was amazed to see how the seemingly smallest of processes Australian companies use to communicate internally have major implications globally. It's been tempting to create a maturity model that shows the wide gulf in or...
By definition Search Engine Marketing refers to both paid search and Search Engine Optimization (SEO). The former is based on a pay-per-click advertising model as companies bid on specific search terms or in the case of Google, AdWords, to get a more visible placement within search engine results.
In many companies, marketing is experiencing a resurgence and new relevance, a rejuvenation if you will towards aligning closer to customers than ever before. What's most encouraging about this is the fact that strategies based on dated cause-and-effect relationships with clients are, through the u...
More and more of the companies that are either piloting or actively pursuing Service-Oriented Architecture frameworks to support their business strategies are aiming to accentuate, strengthen and streamline selling and service strategies. Cutting the costs surrounding database and data warehouse con...
The recent run-up of gas prices has lead to many U.S. companies rethinking their stance on telecommuting, and in the more global context, the increasing acceptance of outsourcing is creating virtual teams at an unprecedented rate. Given the euphoria over Software-as-a-Service applications, the ques...
When the sales team operates with urgency, the soul of a company is alive, thriving and growing. The sales department is the company's heartbeat and is absolutely necessary to create a sense of purpose and maintain a constant focus on delivering value to customers. Great salespeople are constantly t...
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The Future of Gen AI in Retail: Balancing Human Factors With Revenue Growth
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Beyond the Cart: UX Hits and Misses Can Make or Break a Virtual Storefront
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Spectrio Digital Signage Gives AI Assist to In-Store Marketing
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Leveraging AI To Transform Actionable Business Strategies Reliably
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