24th
October
2008
Posted by
James Taylor
Tim Walters of Forrester had an interesting post this week - Is Web Personalization Now A Matter Of “Thurvival”? in which he emphasized that, even in a downturn, getting better at web personalization has a payoff. Now I think personalization is a good thing and the evidence that it results in more engagement, better results [...]
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posted by James Taylor in Customer Experience, Decision Management |
25th
September
2008
Posted by
James Taylor
I live in Palo Alto and a new Mountain Mike’s Pizza has just opened up near us. Much as we like MM pizza we have two problems - we like wholewheat dough and, as several members of my family are lactose/milk intolerant, soy cheese. If you have visited or live in Palo Alto you will [...]
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posted by James Taylor in Decision Management, Retail |
18th
September
2008
Posted by
James Taylor
Scott had a great article on segmentation and personas this week that is a nice, quick read. I think the use of analytics in persona design can make a big difference (as I have noted before) and that decision management can use good customer segmentation as a first step towards extreme personalization.
If you are not [...]
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posted by James Taylor in Customer Experience, Data Mining |
16th
September
2008
Posted by
James Taylor
1:1 had a nice piece on the growing role of loyalty programs in retail. This noted the “Growing sophistication in loyalty programs” among retailers and, in particular, the use of loyalty program data not just to calculate lifetime customer value but also to build competitive advantage. This second aspect is the one I always find [...]
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posted by James Taylor in Customer Experience, Decision Management, Marketing, Retail |
19th
August
2008
Posted by
James Taylor
Chris Skinner wrote a nice little piece on the Future Call Center over on the swift community. He had some nice examples, though he was focused on how the future call center might be using video. What struck me, though, was that decision making is critical to his example. Neither the avatar nor the video-linked [...]
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posted by James Taylor in Customer Experience, Decision Management, Event Processing, Event-Driven Architecture, Financial Services |
21st
July
2008
Posted by
James Taylor
Ed Garry of Oracle wrote a piece for Wall Street and Technology called Analytics Help Firms Turn Data Into Opportunity that I found last week. In it Ed talks about Real Time Decisioning platforms that “deliver both rules and predictive analytics to power solutions for real-time enterprise decision management”. Ed is, of course, correct though [...]
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posted by James Taylor in Business Rules, Customer Experience, Decision Management, Financial Services, Marketing, Predictive Analytics |
18th
July
2008
Posted by
James Taylor
Ellen Goodman of the Boston Globe had a column “Self-serve and slave” (that I saw in the San Jose Mercury News as “In a self-serve nation, work gets dumped on us“) in which she rails against self-service and compares it to the outsourcing of work from paid employees to us consumers. As she says:
For every [...]
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posted by James Taylor in Customer Experience, Decision Management |
7th
July
2008
Posted by
James Taylor
Some time ago I saw an article that discussed the 8Ps (4 old, 4 new) of Marketing. It seemed to me that decision making, especially operational/transactional decision making is critical to most of these Ps. Here, then, is my summary of the 8Ps and why decisions, and decision management, matter.
4 Ps
Product
You might think that [...]
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posted by James Taylor in Business Rules, Customer Experience, Decision Management, Marketing, Optimization, Predictive Analytics, web 2.0 |
3rd
July
2008
Posted by
James Taylor
The WSJ had a little piece today on personalization - Personalized Emails Are Creepy, Not Effective based on a study done some time ago but still very relevant in today’s market where companies are being told to personalize (including by me). Here are three quotes I think summarize the problem:
[there is a negative] response to [...]
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posted by James Taylor in Customer Experience, Marketing |
3rd
July
2008
Posted by
James Taylor
Three articles on loyalty caught my eye this week. First 1:1 had a nice piece on Loyalty Equals Growth for Sony. Sony is a company to which many people are already loyal so it was interesting to see that a formal loyalty program was still a priority for them. Talking about their combined CRM and [...]
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posted by James Taylor in Customer Experience, Decision Management |