OUR TAKE -
Here We Go Again
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You may be disappointed if you fail, but you are doomed if you don't try.
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Beverly Sills
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If you have been in the world of CRM for any length of time, you may recall or heard of analyst reports suggesting that more than half of the CRM implementations fail. In the day, the reports and prognostications certainly generated quite a bit of discussion. There was frustration with the difficulty of implementations. Others suffered from over-ambitious goals or unclear objectives. And sometimes the technology just didn't work as advertised.
We find ourselves in the middle of a new wave of Social CRM implementations. Things will be different this time. Right? I certainly hope so. However, according to Gartner 70 percent of social media initiatives by information technology departments are doomed.
Definitions of success and failure vary greatly so I don't put much weight in a particular number. Regardless, all you care about is your implementation. But the projected high rate of failure certainly suggests proceeding with a degree of caution, clearly defined goals, and adequate resources.
Take heed so you can prove the projections wrong. That's my take. Do you agree? What's your take?
Gary Lemke, Publisher
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Article: 70 Percent of Social Media Initiatives by IT Are Doomed Over the next two years, 70 percent of social media initiatives coordinated by corporate technology departments will fail, according to a recent report by Gartner Research. The report, “Gartner Reveals Five Social Software Predictions for 2010 and Beyond,” predicts that technology personnel will fail to develop adequate social media initiatives due to an inability to shift from “providing a platform to delivering a solution.” (DestinationCRM
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Article: Social Media Marketing: A Strategic Action Sheet Social media has been part of any internet user's life for the last five years, with services popping up and falling down at an astonishing pace. For marketers it is often overwhelming. The good news: it does not have to be. If you don’t focus on the channels and the trends too much but look at your business goals and what your customers want, developing a social media marketing strategy is easier than you think. In the end, social media marketing is engagement marketing, and as a marketer you know what that is. Social media marketing is like every other form of marketing: it requires strategy, planning, resources, measuring, etc. Planning, business objectives and strategy are key in social media marketing. In this first guide, we offer you a checklist of some things to consider. (MyCustomer
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News: Bluewolf Launches its New App on Salesforce’s ChatterExchange Bluewolf has launched its new app on salesforce.com’s ChatterExchange. Bluewolf's MediaTrak Client Manager is among the first apps to leverage the social components of Chatter now available in the Force.com platform. Salesforce Chatter provides a suite of social collaboration components including profiles, status updates, and real-time feeds that developers and partners are now using to build new social enterprise apps. (Bluewolf
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News: Free Campaigner eBook Helps Small Businesses Get Started Campaigner released its eBook The Small Business Guide to Email Marketing: Top Tips to Get You Started. The availability of the eBook is good news for small businesses. While a survey by Hurwitz & Associates at the end of 2009, found 46 percent of small businesses were already using email marketing, and another 36 percent planned to start using it in 2010 to grow their businesses, many still struggle with how to put together an effective campaign. Published by Protus, the provider of Campaigner, the eBook seeks to answer those questions by offering insight into how to construct and maintain an email marketing campaign, and how to integrate it with other promotional efforts to retain existing and acquire new customers. (Campaigner
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News: Clarabridge Announces Availability of Text Analytics Software Clarabridge announced the general availability of Clarabridge Self Service after a beta period which involved nearly 200 analysts and researchers. Feedback from these beta users is driving a series of usability, reporting and other enhancements to be rolled out over the summer and fall. The software incorporates Natural Language Processing (NLP), Classification and Sentiment Analysis engines to enable small organizations, individual departments and market research firms to upload and analyze text-based emails, open-ended comments from surveys, transcripts, social media content, and any other textual data sources via a fully self-service online portal.(Clarabridge
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