CRMAdvocate has everything you need to know about CRM. By gathering and consolidating over 40 sources of CRM information into one, easy to read format, we are doing the hard work for you. Isn't that what an Advocate is supposed to do?

CRMAdvocate Newsletter
FREE Subscription

Your one-stop CRM
email newsletter
(more info)
Email:

  Search Advanced search

 
Stock Ticker
LivePerson2.85    0.18
Selectica1.16    0.07
ICT9.15    0.55
Interactive11.01    0.49
SupportSoft3.62    0.14
Vignette12.26    0.45
ClickSoftware2.46    0.07
Salesforce69.5    1.88
Oracle23.37    0.62
Convergys13.84    0.34
Epicor7.25    0.16
NetSuite16    0.3
Rainmaker3.23    0.06
eLoyalty5.59    0.07
ATG4.17    0.05
Teletech15.99    0.19
Nortel5.99    0.07
Amdocs30.86    0.36
RightNow16.71    0.17
Chordiant6.27    0.06
Pegasystems14.89    0.14
CDC3.07    0.02
NCR26.22    0.08
Sykes19.81    0.06
SPSS33.9    0.09
Intervoice8.21    0.01
HP45.47    -0.04
Tekelc16.83    -0.02
NICE28.11    -0.36
APAC1.47    -0.02
SAP57.45    -0.84
Astea3.59    -0.09
Unica8.3    -0.42
As of 4:00 p.m. on 8/7/08

 
 


 
"Our Take"

(Past Editions by: Date, Title, Topic)

 
"Our Take" 
"Our Take" is a collection of daily vignettes covering a wide range of CRM topics. It's an attempt to add our own spin to the world of CRM. We will use the column to share our perspectives, opinions, epiphanies, web nuggets, or quite frankly anything that moves us. Get ready to expect the unexpected. And, don't be shy about sharing your thoughts.
 
 
4/27/07 - Is Satisfied Good Enough?
I received a one-page flyer in the mail this week that cited research suggesting "satisfied" customers could be in jeopardy. The results of the survey said that customers who described themselves as "completely satisfied" were six times more likely than those who were merely "satisfied" to buy again from the same company.
 
We are not talking 6% more likely. We are talking 6 times, or 600%, more likely. To drive to point home even more, we are not talking about the difference between happy and unhappy customers. We are talking about the difference between happy and very happy customers. We have used this column to talk about how customers may be satisfied but not loyal. In other words, you did a good job but they decided to go to your competition next time.
 
So what does this mean? For many organizations, this data should be a wake-up call. Don't be complacent. A 4 out of 5 on your customer satisfaction survey is not going to win loyalty. It is not going to win you the repeat business you are hoping for. Are you setting the customer satisfaction bar too low in your organization?
 
Gary Lemke, Publisher
(Share your thoughts)
 

 
 

Copyright (c) 2008 CRMAdvocate - 14059 Old Mill Circle, Carmel, IN 46032 (+1 317.810.9585)   All Rights Reserved.   Privacy Policy