eringilliam: marketing*

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  1. Market dominance once depended on delivering the best product or service, at the best price. Yet today, rising consumer expectations have changed the rules, making customer experience the new battleground of competitive differentiation.

    As a result, outpacing rivals now means following the example of prominent industry pundits such as Jonah Sachs, and building businesses around people.
    https://www.fourthsource.com/data/people-based-marketing-wins-customer-experience-battle-22190/
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  2. Customer experience management is generally the domain of the chief marketing officer (CMO) and the marketing department. Information governance usually falls into the domain of attorneys and records managers. It’s time these two groups got together to explore ways they can serve their organization’s mission better as a team.

    It’s all about the customers. And their information. And their trust and loyalty.
    https://www.cmswire.com/customer-experience/why-customer-experience-needs-information-governance/
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  3. Now, more than ever, a customer’s relationship with certain brands is relying on the CX. Marketing professionals are responsible for this relationship between customer and brands, that’s why it’s obviously their job to take care of the CX. There’s a good number of reasons why CX is so important in data-driven marketing, and here are a few of them:
    https://customerthink.com/why-customer-experience-is-an-integral-part-of-data-driven-marketing/
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  4. Retail at times feels like it has a monopoly on press mentions for being in a state of flux and turmoil — and there's good reason for that. Yet the issues facing the retail space aren't contained there. The larger implications move across industries and they're driven mainly by the customer. We marketers often forget that customers aren't siloed; a retail shopper also stays at hotels, books airline travel, signs up for credit cards and much more.

    Retailers, hotels, airlines, banks and grocers are trying to better align and overcome the challenges of providing service at scale. Here's how this can be accomplished.
    https://www.marketingdive.com/news/why-brands-must-scale-service-and-experience-to-meet-customer-expectations/515940/
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  5. What Ian is saying is that there are different departments working on the customer's journey. From marketing, which positions the company in the marketplace, to communications, which pushes the message out further, to sales, which is the official name we've given to the process of the point where the customer buys. And then, once they are a customer, we try to get them to come back, moving them from one-time buyers to repeat buyers.

    My original post was about creating a special department or team that focuses on creating loyalty from the casual or one-time buyer. I still believe that's an effort worth investing in. But, Ian's response warranted a response:
    https://www.hospitalitynet.org/opinion/4087706.html/
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  6. The customer journey has transformed from a marketing industry buzzword to an integral part of many companies’ marketing and customer experience strategies, but there’s still a major consideration that most are overlooking.
    An eye-opening 76% of customers report that they receive conflicting answers from different customer service agents. This lack of consistency creates frustration and a poor customer experience even when a problem is solved. When answers differ between representatives in the same organization, customers recognize the disjointed feeling of their interactions. It’s no longer enough to just map and track individual customers along a single journey -- brands need to account for the fact that a modern customer can be on multiple journeys within the brand at the same time and provide seamless transitions between those business segments.
    https://www.forbes.com/sites/forbestechcouncil/2019/04/02/when-it-comes-to-customer-journeys-they-all-matter/#5ee4aee622d0/
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  7. Today’s consumers are more connected than ever before - constantly checking emails, social media apps, and even interacting online via voice technology.

    For brands, the challenge is to cut through the noise to be able to reach consumers at the right time. This is where cross-channel marketing comes in: an approach that allows brands to seamlessly communicate with consumers across multiple touchpoints.
    https://econsultancy.com/blog/69690-what-is-cross-channel-marketing-and-why-do-you-need-it/
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  8. Do you know where your customer data is?

    If you’re like many marketers, your customer data is split across multiple systems and databases. In a Harvard Business Review survey, only 13% of executives had a unified view of their customer with a single source of customer intelligence to integrate the entire customer journey.
    https://www.martechadvisor.com/articles/data/unifying-your-view-of-the-customer/
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  9. Consumers are gradually starting to ignore sales pitches and tune out the invasive marketing methods that many businesses still employ regularly. And subsequently, these changes have made way for a new method of bringing in new customers – inbound marketing. Inbound marketing has recently become a very popular method of marketing among digital-first businesses, especially in terms of content marketing – which is considered a subset of inbound marketing. As a result, many content and inbound marketing tools have since been developed to make these strategies more efficient.
    https://mopinion.com/top-27-content-and-inbound-marketing-tools/
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  10. For years, many marketers have focused on adding new customers with methods like social media, content and outbound interruption. Interestingly, the cyclical marketing winds of change are bringing a revitalized focus on existing customers. At HGS ― a business process management leader in optimizing customer experiences (CX) and increasing client competitiveness ― we are predicting tighter marketing and customer service alignment in 2018.
    https://www.forbes.com/sites/forbescommunicationscouncil/2017/12/20/the-integration-of-marketing-and-customer-experience/#1e0c18501b8d/
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