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Posts Tagged ‘Customer Experience’

20th November 2008

In the coming recession put your customers first with decision management

James Taylor Posted by James Taylor

I was pointed to a post today on the topic of customer service (Another Day, Another Customer-Service Nightmare on the EconoWhiner) that pointed out that companies
need to provide quality service and quality customer service if they’re going to survive an economic downturn as severe as this one?
Now I am not going to pick on AOL [...]

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posted by James Taylor in Customer Experience, Decision Management | 0 Comments

19th November 2008

On Best Buy’s success and being decision-centric

James Taylor Posted by James Taylor

Last week I saw a post comparing Best Buy and Circuit City - one thriving and one going into bankruptcy - and it made me think about the role of decision management in Best Buy’s success. I have head Best Buy present various times an a number of elements of their successful customer-centricity strategy are [...]

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posted by James Taylor in Customer Experience, Decision Management, Retail | 1 Comment

10th November 2008

Using Decision Management for Customer Retention

James Taylor Posted by James Taylor

CRM Daily had a nice little article on Customer Retention that reminded me of the example I often use for how the elements of decision management contribute to more effective customer retention decisions. Large organizations spend vast sums on retention - one bank, for instance, spends $1Bn annually - and retention is a perfect candidate [...]

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posted by James Taylor in Adaptive Control, Business Rules, Customer Experience, Data Mining, Decision Management, Optimization, Predictive Analytics | 0 Comments

7th November 2008

Using decision management to surive an IT squeeze

James Taylor Posted by James Taylor

An old friend sent me a link to an article on the Financial Times - How to survive an IT squeeze. I was struck by a couple of quotes:
Scarcity of capital will generate increased competition for the cash that is available. Consequently it will be even more important that businesses do everything they can to [...]

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posted by James Taylor in Business Agility, Customer Experience, Decision Management | 0 Comments

7th November 2008

Treat your customers as people by managing customer treatment decisions

James Taylor Posted by James Taylor

Great comment from monkchips on twitter today:
the key to customer relationship management is to treat your clients as people rather than accounts. everything else follows from that.
Of course the challenge is how to make sure that all the people who work for you and all the systems your clients use do this. While you can [...]

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posted by James Taylor in Customer Experience, Decision Management | 0 Comments

22nd October 2008

Evidence-based (decision-centric) CRM Processes

James Taylor Posted by James Taylor

Graham Hill wrote a piece on Evidence-based CRM that focused on evidence-based CRM programs and it made me think about evidence-based CRM processes.
To me, evidence-based CRM means customer relationships, and thus customer treatments, that are based on evidence (data) and not judgment, hope, guesswork etc. It means

making offers that you have evidence this customer will [...]

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posted by James Taylor in Adaptive Control, Customer Experience, Data Mining, Decision Management, Predictive Analytics | 1 Comment

17th October 2008

Are your live agents helping or hurting you with customers?

James Taylor Posted by James Taylor

Randy Saunders had a great post over on the Perfect Customer Experience -Can I please speak with a live agent? In it he has a great quote:
Forester’s study finds that 45 percent of consumers prefer to speak with a customer service agent to answer questions and resolve service issues, yet most walk away from customer [...]

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posted by James Taylor in Customer Experience, Decision Management | 0 Comments

7th October 2008

First Look - SeeWhy

James Taylor Posted by James Taylor

On my recent trip to Europe I got my first chance for a real look at SeeWhy’s product and their announcement today of SeeWhy Tracks Individual Customers’ Digital Mood seemed like a good reason to blog a little about this interesting product. The latest version helps manage customer experience by analyzing page errors, page load [...]

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posted by James Taylor in Business Activity Monitoring, Customer Experience, Event Processing, Predictive Analytics, Product News | 1 Comment

6th October 2008

Thoughts from Chordiant’s Customer Advisory Board

James Taylor Posted by James Taylor

Last week I was invited to attend Chordiant’s European Customer Advisory Board. This session was held in lovely Munich in the middle of Oktoberfest and was both informative and a lot of fun. While I can’t share everything - some of it was for customers only - I thought you would appreciate what I could [...]

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posted by James Taylor in Customer Experience, Decision Management, Product News | 1 Comment

9th September 2008

Predictive Marketing (Lessons from the CMO Summit #3)

James Taylor Posted by James Taylor

Stephan Chase of Marriott generated the third set of thoughts. He is working to make Marriott more customer-centric, in particular by employing predictive modeling to determine what customers are likely to do in the future while using results in marketing to create a learning organization. This is of course the heart and soul of decision [...]

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posted by James Taylor in Adaptive Control, Customer Experience, Decision Management, Marketing, Predictive Analytics | 0 Comments