• John O' Gorman

    50% Of Sales Forecasts Are Undermined By Missing Information

    comments 2 comments  |  430 reads

    There is critical information missing on as many as 5 out of 10 of deals in your pipeline. That alarming finding is based on seller’s own assessments of approximately 11,000 opportunities (10,549 to be exact) managed in the last quarter.  That means as much as 50% of sales forecasts could be called into question by gaps in the information upon which they are based.

    Sellers are not getting all the information that they need. They are being asked to prepare accurate forecasts and close deals while at the same time key information is being withheld. In this insight we will examine the types of information sellers are being denied and how it can be accessed.

    The Seller’s Right To Know

    Imagine there was a freedom of information act for sellers. One that required that buyers disclose all information. Information that would enable the seller to make an accurate assessment of the likelihood of winning the deal and its timing. That includes hidden motivations, behind the scene politics, as well as the ‘ins and outs’ of internal buying processes and procedures. It is a fanciful notion.

    The salesperson has spent many months working on a deal – applying considerable energy and skill to advance the deal to within sight of the purchase order. But all that progress, all the hard work, could be at risk.  That is because of missing information and an exposure to unforeseen events on the buyer side.

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  • Shep Hyken

    5 Top Customer Service Articles For the Week of May 20, 2013

    comments 0 comments  |  214 reads

    Top Customer Service and Business Articles

    Each week I read a number of customer service articles from various online resources. Here are my top five picks from last week. I have added my comment about each article and would like to hear what you think too.

    Customer Service Tips from the Worst Employer by Mary Nestor-Harper

    (Beyond.com) Winning loyal customers is about building honest, respectful, trusting relationships. Why should it be different when the customers are your employees? Drawing from lessons from Dan Sullivan, a business coach, he lists four principles as key to delivering excellent internal customer service. Not surprisingly, they are basic things you’d expect from an employee.

    My Comment: This short article has some excellent ideas on how to treat your employees the way you want your customers treated.  It really isn’t that difficult; show up on time, be polite, do what you say you will do and follow through.  Isn’t that the way everyone (customers and employees) should be treated?

    How Enterprise Leaders Like Bill Marriott Create Customer Loyalty by Robert Reiss

    Read more »
  • Joshua Paul

    3 Insightful Social Customer Service Articles That You May Have Missed

    comments 0 comments  |  179 reads

    According to Nielsen’s 2012 Social Media Report, over 50% of customers use some type of social channel to engage companies to report satisfaction, ask questions, and lodge complaints. One third of consumers prefer social customer service to getting answers by phone.

    We have not seen a shift like this in customer support in several decades. It calls for fresh strategies to create the type of relationships that your customers expect, new technologies to maintain efficiency, and updated processes to keep increasingly frazzled customers engaged.

    How are you preparing to embrace the opportunities presented by social and community-based customer service?

    Whether you are a large brand that mainly uses the big public social networks, a B2B company that supports customers 24x7 in a private online community, or a membership organization that keeps member informed and engaged in private member communities, it is important to have a firm grasp on the new realities of customer support in the age of social media.

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  • User-Friendly Marketing

    comments 0 comments  |  294 reads

    We all know that a key to technology success is user-friendliness. Consumer hardware is “plug and play.” And software – both consumer and B2B – should require no particular expertise from the end-user. Gone are the days when you needed a 500 page manual on your desk in order to be able to use an application. All the hard work is at the back-end, where the user never sees it.

    And so it is with marketing.

    The best marketing programs have an elegant simplicity about them. The message shines through, simple, clear, and easy to grasp. The wide variety of mechanisms we use to reach out to a potential audience all work together, with a synchronization that is smooth enough, cohesive enough to be both self-evident and transparent to the casual viewer.

    But, as with software, the simpler it seems at first blush, the more back-end effort is required

    Effective marketing, just as with commercially successful technology, demands blood, sweat, and tears that are never seen by the customer. The blood, sweat, and tears are not the customers’ problem. They are only interested in the benefits.

    Today, we are offered an every-increasing stream of programs to automate marketing efforts, “marketing for dummies” guides for so-called best practices, social media “how to” webinars, and increasingly narrow and specific tools and mechanisms, means and methods that, we are told, will inevitably increase our marketing success and revenues.

    Successful software starts with a vision, moves to an architecture, and only then begins to build code.

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  • Neil Woodcock

    Real time, on demand places demands on functional alignment in businesses

    comments 0 comments  |  154 reads

    Consumer expectations around all things digital are immense, especially amongst the digital elite(1).  We expect to be able to immediately search for and find products, buy through one click ordering, know quickly if the train is late or if a delivery is on its way.  We can find out the name of a music track we are listening to and buy it immediately or stream a film that we want to see on demand.  We can access travel e-tickets, boarding passes and loyalty cards on our smartphones.  We can see consumer reviews of the product we are thinking of buying, and independent ones at that. Without them, we might not buy.  Likewise, we can tell people what we think and our message can be amplified many times through social media.  Astonishingly, this is all starting to seem commonplace, a routine part of our daily lives.

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  • Why Do SMBs Fail at Local Search?

    comments 0 comments  |  114 reads

    local search fail SMBsLocal marketing is a tricky game. The competition is fierce. Every day is a street fight for eyeballs, local market share, and revenue. Local marketing--and local search specifically--is hard. 

    Why do so many SMBs fail at local search? 

    Not Everyone Fails...

    After this blog is published I expect a deluge of comments that ridicule the title by pointing out that many SMBs don't fail at local search. 

    Of course they're right. Not every SMB fails at local search. But many do. 

    The 4 Factors of SMB Local Search Failure

    1) National Brands Doing Local SEO

    Do a little test. Do a Google search in your city for a tires, for example, or for restaurants, or a plumber. 

    Over 50% of the results--maybe more--will not be local businesses at all. They won't be SMBs. Instead they will be local locations of national brands. 

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  • Kristin Hambelton

    With Big Bets Being Made, Will Anyone Create a Marketing Technopoly? [Infographic]

    comments 0 comments  |  156 reads

    Marketo’s IPO opened Friday at $20 per share and closed the trading session at $23.10, nearly 78% above the listing price.  This “pop” is great for the company’s employees and investors, and we congratulate them.  On a macro level, it’s the latest proof point that marketing technology is a blisteringly hot market with tremendous growth and potential.   Why?  More and more brands are realizing that delivering great customer experiences is the only true differentiator in today’s digital era.  They’re turning to strategic marketing platforms that address the explosion of channels (web, email, mobile, social, etc.) and corresponding increase of big data.

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  • Jeannie Walters

    Find Your Mobile Customers Where They Are

    comments 0 comments  |  183 reads

    It’s challenging to find your customers, but it probably shouldn’t be, right? I mean, you create a product and find a market and there you go. Business 101.

    Today, however, it’s more challenging than it’s ever been. Your customers are living on their terms, not yours. They are doing their best to avoid your direct marketing and advertising. They are living their lives with or without you.

    Something I stress to clients is how no customer will ever be as obsessed with your brand as you are! They are carrying on and fitting your brand into their lives.

    find your mobile customerToday, consider how and where your customers might be interacting with your company. Take, for instance, the demand for mobile apps. When users interact with apps, they have expectations for how they should work. Today’s multi-channel users don’t necessarily think “well, designing for mobile is different than designing for the web, so I can expect an uglier, less efficient experience.” They instead think “I have something to do and I have 5 minutes on the train. I wonder if I can do this on my phone!?” When it works, it still feels special and convenient, a driving factor for customer loyalty.

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  • Shaun Belding

    Florida Man Has a Dell of a Time with Customer Service

    comments 0 comments  |  161 reads

    Dell doesn't care?I spend a good deal of time keeping my eyes and ears open for stories of exceedingly good or profoundly poor customer service.  Here’s one of the latter that was just released in the Orlando Sentinal about the sheer impossibility of finding someone at Dell Computers who actually cares.  It’s about a man trying to return a computer that had been stolen to it’s rightful owner, and a company that couldn’t care less.

    This has the potential of landing in our 2013 annual top eight customer service failures!

    Read more »
  • Dave Brock

    DumbingThings Down Versus Radical Simplification

    comments 0 comments  |  100 reads

    I’m a great advocate of Radical Simplification.  Our worlds are too complex, we seem to keep piling things onto everything we’ve done in the past.   New programs, new processes, new systems, new tools, new training.  Layer upon layer accumulates, confusing sales people–what do I do?  Which strategy should I follow, do I use this approach or another?  It goes on and on……

    Too often, however, in response to this complexity and all the “tools” that have been put in place to manage complexity, instead of simplification, we dumb things down.  We make it so we don’t have to think, analyze, question, respond.

    We have scripts, very complex scripts, branching to handle any customer situation.  We listen only to know which branch in the script to follow–not to understand the customer.

    We have playbooks, guiding us through every twist and turn of the customer buying process.

    We have endless sources of content, with tools telling us which piece is best at which time, based on reactions to all other customers.

    We have software systems and tools, prompting us what to do next for every customer situation we’ve anticipated.

    Read more »

MarketPlace

Boost Customer Satisfaction & Loyalty at SCORE 2013

[May 29-31, Boston] Customer experience management (CEM) strategy meets customer operations at SCORE Conference 2013. Topics include driving customer satisfaction and loyalty, employee engagement, customer retention, call center technology and big data analytics. CustomerThink members save $700 off the regular registration fee.

Digital vs. Human Banking Experiences: Can This Be a Happy Marriage?

[June 6] It's time for banking leaders to rethink how to nurture and grow customer relationships in an increasingly digital world. Get the results of a new study that revealed the CX practices of top performing banks. Learn how digital Innovations can enable more personal service.

eMetrics Summit

[June 10-13, Chicago] If you are responsible for the results of your company’s website, social media, ecommerce, web intelligence, data strategy, audience research and/or measurement, then mark your calendar. Customerthink members save 15% off full conference passes with code CTKTO15.

Predictive Analytics World

[June 10-13, Chicago] PAW's program will feature over 40 sessions with case studies so you can witness how predictive analytics is applied at leading enterprises. Customerthink members save 15% off full conference passes with code CTKTO15.

Confirmit’s Community Conference ’13 – London and Las Vegas

[June 19-21, London; June 26-28, Las Vegas] Attending CCC ‘13 gives you an unrivaled opportunity to understand and address rapid industry changes and discover new techniques that can drive your business forward. Create a tailored agenda that explains how to overcome the challenges your business faces. Take advantage of excellent networking opportunities and face-to-face discussions with thought leaders.

Global Customer Experience Management (CEM) Certification Program

[Sept 19-20, Amsterdam; Sept 24-25, Sao Paulo; Nov 12-13, San Francisco] An internationally recognized program with proven track record of success - being run for 40 times in 17 cities with attendees from 58 countries, the program is developed based on the U.S. patent-pending Branded CEM Method which aims to drive customer loyalty and brand differentiation with quantifiable business results. Limited offer: USD300 early bird discount.

Customer Experience Certification

[Sept 24-26, London] If you’re developing a customer experience program or want to review your current approach, join other customer experience leaders for this intensive 2.5-day certification. Presented by Medallia, the global leader in customer experience management. Enter code ‘Cthink’ to save$300/£200.

Voice of Customer 2.0: Creating Change Your Customers and Employees Can Believe In

[Recorded April 25] Despite good intentions, in the majority of companies Voice of Customer programs contribute little to business success. Join us to learn the secrets to capitalize on Customer Experience feedback, so you can drive organization actions that will unlock profitable growth.

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