Customer Data

Mobile marketing may just be in its infancy, but it already has ushered in a world of new risks -- or rather, existing risks that have been repackaged. They range from running afoul of still-developing regulations to security concerns, to consumers misinterpreting content. Keeping a marketing messag...

As mobile marketing evolves, so do its risks. The Federal Trade Commission last month released its updated "Dot Com" guidelines. An update long in coming -- the first since the report was released in 2000 -- the guidelines take special note of mobile. In short, they state that the same rules that ap...

"Who is the customer?" It's a great question, one that my managers liked to ask when I was a young sales representative. Like all great questions, it got to the meat of the matter with an economy of words that were impressive as much for their brevity as for their meaning. The customer's identity is...

Did you hear? McDonald's has just acquired Burger King! Also, someone at the company apparently has a potty mouth. Another unusual and unexpected corporate trade also happened last week -- Cadillac acquired Jeep. These events, of course, didn't really happen. In both instances, hackers gained contro...

We all know about the idea of total cost of ownership and the concept of return on investment. Both have their place in business evaluations of CRM. There's another measurement, however, that should be considered -- one I like to call "time to value." The T2V test is simple: From the time you begin ...

For the better part of six years, we pundits have been urging businesses to get social. Social CRM even has its own Gartner Magic Quadrant, and while the entries in that document are all over the map in terms of what they do, vendors serving aspects of SCRM are well established. Gartner itself said ...

Do your customers think of you as one of them? Do they think you truly understand their business challenges, their opportunities and what keeps them up at night? These are questions you should seriously consider, because in the extraordinarily demanding B2B sales climate of our post-recession world...

I had a call today from someone at a company that made a technology that helped inside sales people target the exact right prospects from a list of leads. She said she was using this technology to make the call, and assured me that this technology could make a big difference to the inside sales orga...

Ayasdi came out of stealth mode and told the world it had a new way to analyze big data, and I think the implications for CRM and social are very large indeed. The new way is called "topological data analysis" and hearing about it has the feel of hearing about relativity for the first time and lea...

What's the biggest customer-related problem for mobile app developers? A good guess is that it has something to do with one-time downloads by users who lose interest almost immediately. Enter Appboy, which just launched a customer segmentation platform aimed at building engagement. "The future of mo...

The social media era doesn't mean that more people can communicate than in the past. It means that more customers can communicate faster than ever before -- and customers always communicate more and faster when they're angry. You'd think that this message would have been internalized by the nice peo...

I was doing some research in the Time Magazine archives -- the best ones I have seen, by the way -- the other day and came across this nugget from 1962: "Despite the discouraging results so far, many scientists argue that military-space research will ultimately produce an overflowing cornucopia of m...

It's become clear that the true political star of the 2012 election was Big Data. There is much that marketers can learn from its meteoric rise. Trumping the old-school, gut-instinct days of electoral politics, today's campaigns employ data crunchers who mine the campaign's database for clues on wha...

As a callow youth, I enlisted in the Navy and found myself at sea aboard the USS Gray as a bosun's mate. That meant standing a lot of watch on the bridge, and being on the bridge meant knowing how to report positions of other things based on a 360-degree arc. The idea was to have a 360-degree view o...

"It is a good thing to follow the first rule of holes: If you are in one, stop digging." It was only 1988 when this nugget of wisdom was first recorded, according to the Oxford Dictionary of Proverbs. It's one of my favorites, because it has so many applications in the business world. Unfortunately,...