Job titles may or may not influence whether someone takes a job or stays with a company. According to a late 2006 study by Korn/Ferry, 85 percent of employees surveyed said that a bigger job title wouldn’t entice them to keep a job. So titles, it seems, aren’t an effective retention tool. But what about as a motivator? If your job title is Chief Customer Experience Officer are you more likely to drive the creation of compelling customer experiences in
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Yesterday I spoke with Bill Rice, president of the Web Marketing Association, who talked about the organization’s annual WebAward competition, now in its 11th year and begins its official call for entries in April. The contest recognizes individual achievements behind the creation of today’s top Web sites. He talked about the seven criterion used in judging the competition which include design, content, ease of use, copywriting, interactivity, use of technology, and innovation. The last criteria, Rice said, is the hardest
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Big article in the Wall Street Journal today about Borders cutting back loyalty rewards in its very popular program. See http://online.wsj.com/article/SB117504224198951153.html?mod=hpp_us_at_glance_mm for the story. (I believe non-subscribers can access this WSJ link only for a limited time period.) It seems to me that there are several things wrong with Borders' new approach. I don't begrudge them the need to contain costs, but the way this new program is configured doesn't sound like it's going to be very attractive at all
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In case you missed it the domestic auto makers had a meeting of the minds with the President yesterday to discuss goverment-funded alternative fuel development. I don't know why they bothered. The President isn't buying any cars these days, and if I was an executive at GM or Ford I would spend a lot more time in front of paying customers. I also wouldn't put too much faith in government intervention for domestic auto issues or flexible fuel alternatives. First
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The days of "spray and pray" emails are over. At least that what customers keep telling companies, with their refusal to open irrelevant email messages and their upgraded spam blocking software. But unfortunately, many companies just aren't getting the hint. Volume rules in a lot of marketing departments, where cheap technology is the strategy behind blast emails that don't do anyone any good. In today's 1to1 Weekly lead article, Email Marketing Strategy at a Crossroads, Don Peppers and Martha Rogers
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I’ve met myriad customer advocates in my many years of covering CRM strategies. Fervent in their belief that customer centricity can make a significant impact on the bottom line, they are evangelists for the customer cause both inside their organizations and in the broader business landscape. Of course, Don Peppers and Martha Rogers are two you know well. Their one-to-one approach has transformed the customer strategies of countless organizations. There are many customer advocates whose voices may not have carried
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Have you ever had the experience of calling into a contact center after gathering information online and feeling like you have more information than the agent does? It may be that the company’s Web group has launched a robust knowledge based while its contact center is using the same old disjointed information silos that require an excess of clicks into multiple systems. Besides the obvious need for those two groups to work in tandem, this is a case where customers
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In February, dozens of plump, healthy-looking rats were caught on tape by news crews at a Greenwich Village, NY KFC-Taco Bell scurrying about after hours on tables, floors, and counters. For Yum! Brands, this incident can potentially damage the brand if not addressed now. While late-night comics spoofed the rat-infested restaurant nightly in comedy bits and news programs repeatedly replayed the video of the rodents invading consumers’ friendly eatery, Americans recoiled at the images. While Yum! Brands posted a video
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Interesting article in The Wall Street Journal today about Ford's BtoB relationships. Apparently the auto giant can't get its partners in the auto parts space to play nice when Ford desperately needs them to play nice in pricing. It's another lesson that companies should never underestimate their BtoB relationships. BtoB relationships need the same kind of short-term care and long-term vision that BtoC relationships demand.
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In today's 1to1 Weekly article, Virgin Atlantic's Paul Dickinson talks about how important it is to give customers choices. The company's approach to air travel and the customer's experience with it really makes it stand out. For a company known for its branding skills, it also has a very strategic outlook when it comes to customer choices.
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“If you tell customers what to expect from you, they won’t be surprised when get it.” This wise observation came from Gartner research director Esteban Kolsky, during his keynote at the Talisma Customer Conference earlier this week. Kolsky was discussing how to balance efficiency and effectiveness in the contact center.
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The CRM Association is all about helping organizations share insights and strategies on ways to improve the customer experience. In a twist of practicing what they preach, the CRMA is using new media to promote its National Conference, and having a bit of fun with it in the process.
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One of the best emotional brands in the world has done it again. Disney announced that it would launch its first line of wedding gowns this June. The “Fairy Tale Collection,” by Los Angeles bridal designer Kirstie Kelly, is moderately priced and draws inspiration from Disney characters like Belle, Sleeping Beauty, and Snow White. This new line of dresses is Disney's way of building lifetime value for its young female consumers who have grown up with the brand. The dresses
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In today's lead 1to1 Weekly article, Forrester Research reports that many banks talk a good game when it comes to customer retention strategies, but as of now the money's still being spent on acquisition. Nearly all of the decision-makers polled by Forrester (95 percent) indicated that customer retention is "very important" or "critical." But they have a long way to go to actually make that happen. "Banks have not traditionally focused on loyalty," says report author Mary Pilecki. "In general
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Forrester Research just released its report “Trends 2007: Customer Relationship Management,” which reveal six key trends impacting organizations attempting to improve their customer experience. Based on conversations with many of our readers, I have one to add.
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What do I think is the trend that will play out to be the Next Big Thing in marketing? No, it’s not Web 2.0. And it’s not experiential marketing. It’s not even social media. I think that the “trend” to watch is marketing strategists’ endless search for the Next Big Thing.
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What happened to service with a smile? McDonald’s recently reported that its accounting of guest satisfaction for 2006 shows that during a year in which the fast-food chain improved its financial performance on several fronts, the number of customer complaints also grew. Complaints per 100,000 guests totaled 20.1 at company-operated stores, compared with 18.5 in 2005. A recent article by Dow Jones Newswires' Richard Gibson, reports that the lack of transaction accuracy accounted for about one-fourth of the more than
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Yes, I'm serious. Although I think JetBlue had it covers yanked a little bit in terms of customer operations over the past few weeks, I think his attitude and approach could be copied in some other areas. How about the current mess at Walter Reed Hospital and the entire Veterans Administration disgrace? If Neeleman's management style and attitude could be copied no one would be yapping about new policy statements, subcommittees, and high-profile investigations. Neeleman's style would simply state that
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It's pretty common sense -- customers who trust you are likely to be more loyal and ultimately more profitable than those who don't. But it's surprising how many companies treat their customers in ways that undermine trust. In today's 1to1 Weekly lead story, we discuss the state of customer loyalty in financial services, and what banks can do to improve loyalty and trust.
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Yesterday I had a long conversation with one of our Editorial Advisory Board members. I’ll have to keep who it was a secret so I can tell you the rest. He told me the stories of two C-level marketing executives. I bet you know people just like them.
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Earlier this week reader Ben Hill emailed me a question: “I have observed that companies that have a primarily B2B model are diminishing. The old B2Bers that are adapting to reach their B2C market segments are the ones that seem to be surviving. The companies that are strategically targeting the B2C as a part of their core business are actually growing. Am I wrong about this? If not, am I the last one on the planet to recognize this?”
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