Get the 1to1 Blog delivered right to your desktop.

Subscribe to the RSS Feed through FeedBurner.

What is RSS?

Time's Man of the Year

Let's assume, for the sake of argument, that I buy into Time Magazine's choice of "me" as the 2006 "Person of the Year." If you haven't seen it, the media behemoth overlooked Al Gore, George Bush and Mahmoud Ahmadinejad as the person who "for better or worse" affected the news in 2006. It chose instead, everyone who gets onto blogs, social media sites and product review boards as that person. I think the choice is a complete copout personally, but let's put that aside. If the average Jack and Jill is "Person of the Year," then Fred Reichheld should have run a very close second. Here's why. The huge rush toward product recommendations, personalized marketing and the power of social "internetworking" has been driven by media companies and consumer marketing entities (agencies, brands, etc.) It has been in their best interest to drive consumer participationto access its resulting customer intelligence. No one person has been more influential than Reichheld in creating this environment. No single person has influenced the power of customer influence the way he has. His ideas have crystallized a new direction for business. Now, it ain't exactly overshadowing global warming or nuclear proliferation, but here's a reserved vote for Fred.

Categories

1 Comments

John,

If you are going to lionise Fred Reicheld, then you should also do the same for the two South African researchers, Jan Hofmeyr & Butch Rice, who did the original research 10 years earlier that Reicheld's Net Promoter model is based upon.

Their research led to the development of the Conversion Model that has since been used thousands of times in e.g. brand loyalty studies.

Take a look at their excellent book "Commitment-led Marketing" (Wiley 2001) and associated website at http://www.conversionmodel.com/. The library section is particularly good with many free papers and presentations to download.

Graham Hill

Leave a comment


Type the characters you see in the picture above.

0 TrackBacks

Listed below are links to blogs that reference this entry: Time's Man of the Year.

TrackBack URL for this entry: http://www.1to1media.com/mt/mt-tb.cgi/150