Customers

"It is a good thing to follow the first rule of holes: If you are in one, stop digging." It was only 1988 when this nugget of wisdom was first recorded, according to the Oxford Dictionary of Proverbs. It's one of my favorites, because it has so many applications in the business world. Unfortunately,...

It used to be that your business could provide a basic level of service and your customers would be perfectly happy. Some form of help, delivered at the speed of the business and within the parameters of your company's policies, was usually OK -- and if it wasn't, you could probably get away with...

Lithium Technologies acquired Social Dynamx this week and moved immediately to bring a combined product to market: Lithium Social Web is available now. The two companies offer complementary functionality, which made the acquisition a natural fit, said Rob Tarkoff, CEO of Lithium. "We build communiti...

As a technology journalist, I interact with public relations professionals regularly, to the point where some firms have asked me to speak internally about what journalists are looking for from the companies they cover. Usually, these are straightforward discussions -- journalists want access and th...

I went to Oracle OpenWorld as a guest of Oracle and came away with a variety of observations that I can share. Some of what I saw was under NDA and that will remain undisclosed, though I have to tell you that I did not see any labs or next-generation products beyond what my colleagues saw at the sho...

I've been at OpenWorld for two days as I file this, but so far I have little CRM-oriented material. CRM really kicks in on Wednesday when the company focuses on CX -- or customer experience -- the moniker that Oracle has given to much of its CRM focus. CX is good for what Oracle is about and some of...

Moxie Software recently released two separate, albeit highly complementary, CRM self-service applications. One is a revamped version of its self-service application called "Knowledge Spaces." Enhancements allow users to "widgetize" pieces of the application and embed just those portions on a website...

About five years ago, CRM analyst and author Paul Greenberg set out to develop a definition for social CRM, or CRM 2.0, as some called it at the time. It was this: "Social CRM is a business strategy, supported by a technology platform, business rules, workflow, processes and social characteristics, ...

Discover Bank is refunding approximately $200 million to more than 3.5 million customers under a joint enforcement action by the Federal Deposit Insurance Corp. and the Consumer Finance Protection Bureau. Discover will also pay a $14 million civil money penalty, with half going to the U.S. Treasury ...

Aprimo has released its second app for Salesforce.com's AppExchange, called "Aprimo Service to Sales." It is an inbound marketing app with real-time interactive features. The first Aprimo app destined for the AppExchange was released in 2010. The newer app, however, is written on a different code b...

CRM is not itself a technology -- it's a discipline enabled by a technology. But the ideas are so completely enmeshed with technology today that it's almost impossible to talk CRM without lapsing into jargon. That's led to the abduction, abuse and expropriation of technical terms, which often resul...

The billing function conjures up many images, few of them positive. Essential to success of your business, yet often a burden for most organizations independent of size or market, billing is seen as a necessary evil to collect cash and enable organizations to stay alive. Over the past few years, how...

Now is the golden age of marketing. I was tempted to write the second golden age since history sometimes seems to repeat but I am more of the Mark Twain school of history and he believed that history did not repeat itself but that it rhymed. In that vein, what could be seen as the first golden age o...

Increasingly, CRM vendors -- and their customers -- are recognizing the value of applying mobile technologies to the self-service piece of a CRM operations. In response, more and more vendors are rolling out new applications for companies that wish to target this emerging, but rapidly growing, deman...

Buried in a recent J.D. Power and Associates 2012 U.S. Credit Card Satisfaction study -- which showed consumers' satisfaction with credit cards was at a six-year high -- was this very telling factoid: Only 7 percent of credit card customers use their mobile phones to complete transactions, up from 4...