You are currently browsing the category archive for the ‘Information Management (IM)’ category.

I recently attended the second in the series of customer engagement days organized by the Directors Club (GB & NI). The format of the event was the same as the first day that I wrote about and included three keynote presentations and three roundtable sessions where attendees discussed how organizations should engage with customers. As for the first event I chaired the roundtable on perfecting multichannel customer engagement in the contact center and gave a keynote on how social media is impacting the contact center.

In contrast to the first event, here I found less adoption of multimedia customer engagement, with more of the attendees saying that they are experimenting with different channels of engagement but haven’t settled on new strategies. A particular issue was raised by several organizations from the insurance industry, whose multichannel plans are hampered by a legal requirement to conduct many customer interactions in written form. They spoke of being “snowed under” with paper and as a consequence trying to determine how often they can use non-paper channels.

Another big issue nearly all the organizations face is the large number of systems they already have to manage, the number of new systems they would need to manage multiple channels of communication and the challenge of integrating all these to produce a consistent experience across channels and a single view of customer channel usage. As I discovered in my research into the adoption of a contact center in the cloud, many organizations are finding the answer to these problems lies in the adoption of preintegrated channel management systems from vendors such as GenesysinContactInteractive Intelligence and Noble Systems, and cross-channel analytics from vendors such as NICE Systems and Verint.

As I tweeted at the time, the discussions raised what for me was a familiar idea, that “companies need more joined-up thinking.” As my research into customer relationship maturity shows, organizations still store information in silos, which minimize sharing of processes, information or systems. This separation makes is difficult to take steps that would deliver consistent, appropriate experiences across all touch points. One of the participants in my roundtable said the organization had some success using customer journey maps to help plan customer engagement touch points within a channel but hadn’t thought to use them to map a customer’s journey across different channels. I believe that journey mapping could help organizations identify and thus remove some of the less sensible steps they make customers go through and help them see engagements from the customer’s point of view.

As at the previous event, even before I gave my presentation on social media, the topic of using social media came up in all three roundtable sessions. In this case more organizations are experimenting with social media rather than building it into their overall customer service strategy. That said, almost all agreed that they need to make social media a two-way channel of communication with customers and not just a place where customers raise issues or make complaints that are not addressed. These views are in line with my research, which shows that the use of social medial by organizations is growing but has yet to be adopted as a mainstream channel for customer service; indeed many of the attendees agreed that responsibility for social media remains with Marketing and thus is used mainly to carry out low-cost marketing campaigns.

Perhaps the most pleasing part of the day was the chairman’s roundup of key points coming out of the roundtable discussions. As the different chairpersons summed up their discussions, I often heard the sentiment that the “customer should come first,” whether in developing a multimedia customer service strategy, mobile applications to support customers or Web-based self-service, or generally becoming a “social enterprise.”

All-in-all, the day raised more questions than answers, but everyone appreciated the opportunity to join the debate. Won’t you please come and collaborate with me.

Regards

Richard Snow – VP & Research Director

SAS is one of the largest and best-known independent vendors of BI and analytics. The company’s website shows  16 product lines, and product variations to match almost every business analytics requirement in any industry. One of its core products lines is Customer Intelligence, which I wrote about last year. Customer Intelligence consists of four main components: strategy and planning, information and analytics, orchestration and interaction, and customer experience – among all these interesting areas, only the last really indicates what the products do.

In this context, strategy and planning is about marketing: deciding which sales channels are likely to be most successful, managing marketing campaigns and using performance management to gain insight into how well marketing is performing. Information and analysis is about customer analytics – mapping customer profiles and segments to drive customer relationships, deriving customer value insights and performing event-triggered marketing. Orchestration and interaction is also about marketing, from a more operational perspective – campaign management, email and mobile marketing, optimizing communications with customers and real-time decision support to improve the outcomes of customer interactions. Customer experience focuses on analyzing online customer behavior to support better decision-making, using social media analytics to provide insights into what customers are posting on social media, and deploying Web analytics to analyze the use of the user organization’s website.

This is an interesting mix of products, and it supports two themes I have been seeing in key customer activities and part of my research agenda. The first is an evolving approach to marketing. Long gone are the days when organizations could afford to carry out mass marketing campaigns through direct mail. Instead we’re at the start of a time of more focused, personalized campaigns that are carried out through the new channels of customer choice, particularly email and smart phones. These approaches require organizations to gather more customer information and systems to create and deliver campaigns, which explains why SAS has integrated Assestlink’s marketing operations management suite into its customer intelligence portfolio.

The second theme, which no one can have missed, is the increased use of the Web to find information, purchase products and services, and gain support, and the increased use of social media to find information and support and to comment and complain. Marketing through each of these channels requires more detailed insight into customer behavior so that organizations can not only improve customer service through these channels but also make improvements to the overall customer experience. To support it, SAS has developed its social conversation center, which provides insight into what customers are saying on social media, as well as sentiment analysis and customer influencer scores.

At a time when customer behaviors are changing and it is hard to find new customers and gain maximum business benefit from existing customers, customer intelligence is more important than ever for organizations. SAS is wise to promote these two areas, which along with new services to support easier and quicker implementation of its products enhance its prospects for 2012. The use of customer analytics that we researched and predictive analytics are key parts of what SAS offers and help enable customer intelligence.

How effective are your marketing campaigns and your use of social media – indeed, how well do you know your customers? Please tell us more and collaborate with me on customer intelligence.

Regards,

Richard Snow – VP & Research Director

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 11 other followers

Twitter Updates

Blog Stats

  • 11,198 hits
Follow

Get every new post delivered to your Inbox.