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Wednesday, January 27, 2010


   OUR TAKE -  It Doesn't Work for Everyone

 
 
Recent Editions of CRMAdvocate


01.26.10    Burned Bridges Don't Include the Loyalists
01.25.10    Time to Burn the Bridges
01.22.10    Healthy Appetite
01.21.10    Flowers Ready to Bloom
01.20.10    The Connected CEO
01.19.10    The Face and Form of Value

Lasting Impressions:
Just because you do not take an interest in politics doesn't mean politics won't take an interest in you! - Pericles (430 B.C.)
Without actual sales figures, it is difficult to tell if Dominos Pizza is successful with their self-flagellating strategy of sharing actual comments from dis-satisfied customers. Many of you wrote that you liked the approach but pointed out such an approach is not for everyone. I too like the apparent openness. It seems to be a real life example of transparency I think is so relevant to today's customer experience.
 
One reader wrote: "Warning: This approach is not for everyone. This campaign was very well thought out and they spent a ton of time and money planning. In other cases, I have seen companies keep things simple to the public but then conduct face to face meetings with their customers. The overall public press was basically, "you spoke, we listened and are making changes". That is the safer approach for a company who provides professional products and services to a smaller vertical. Do your homework if you are going to embark on something like what Dominos has done. It worked for them but does not mean it will work for everyone else."
 
This is an excellent point for many of the strategies and ideas in this column. Just because it might be a good idea for one company does not make it right for the next. Each company finds itself in a unique situation with a unique set of challenges. And different companies have different end games - different goals.
 
So please use these examples as just that - examples. What the pizza maker is doing is a good example of genuinely listening to the customer, offering a refreshing degree of transparency, and taking action to improve. Actual implementations will vary company to company. That's my take. Do you agree? What's your take?
 
Gary Lemke, Publisher

 
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As of 4:00 p.m. on 1/26/10

 

 

 
  NEW IN CRM

 
Article:    Blend Work and Play
They've been dubbed the Millennials, Echo Boomers, Generation Y, Generation Next, Generation Net — but whatever name you prefer, this demographic is most commonly associated with one overarching characteristic: It has grown up in a world surrounded by mobile phones, personal computers, video games, the Internet, instant messaging, online music, and various other technologies. This group's inherent and ubiquitous use of technology has provided them a different, and oftentimes a more powerful, means of communication, which is becoming increasingly relevant in today's workforce.
(DestinationCRM )
 
Article:    VRM and the New Tools of Engagement
Vendor relationship management will change buyer-seller relationships by providing new means for engagement. Doc Searls, co-author of the book The Cluetrain Manifesto, was kind enough to share some of his predictions about the future of the buyer-seller relationship, forecasting that emerging technology and processes would enable customers to "carry some of the relationship weight" in what has traditionally been a very one-sided dynamic. This is what is commonly referred to as vendor relationship management (VRM).
(MyCustomer )
 
News:    Verint and Novantas Form Alliance for Retail Financial Services
Verint announced a new alliance with Novantas focused on delivering solutions to the retail banking sector. The initiative will bring together Verint’s branch bank workforce optimization (WFO) solutions with Novantas’ market/deposit databases and branch performance technologies—creating Branch Banking Optimization services.
(Verint )
 
News:    Adeptra Survey Reveals Investments to Battle Fraud
An Adeptra poll of banking industry executives found that more than third (36%) said the incidents of cases of fraud they were handling had increased and a further 20% said that it was a priority to speed-up reaction times to prevent potential fraudulent transactions. Almost a third (30%) said they were seeking ways to more effectively resolve cases. The poll of top-tier North American retail banks and card issuers was conducted by Adeptra during a fraud prevention seminar on how the institutions were addressing and using technology to aid fraud prevention across multiple communication channels.
(Adeptra )
 
News:    Aspect Announces Acquisition of Quilogy
Aspect has acquired Quilogy Inc., an IT services firm headquartered in Saint Charles, Mo. The acquisition adds collaboration capabilities to Aspect’s unified communications services portfolio. The combined company will offer unified communications and collaboration services, including IT and SI services, such as strategic planning, design and architecture, user experience and interface design, implementation and hosting, user adoption and training, custom development, and business process consulting for Microsoft and Aspect software and platforms.
(Aspect )
 
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