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Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Wednesday, October 10, 2012

Forrester Report Reveals Exactly How Companies Should Be Investing In Customer Service

Customer service can make or break a business. 

Today, it's incredibly important for businesses to realize what customers want, and many retailers have the instinct to invest in online customer service. But the vast majority of customers actually prefer getting customer service in person or over the phone, according to a recent report from Forrester Research

Knowing this can help brands better-allocate resources. 

"We're living in the age of the consumer meaning that customers are expecting more services and solutions to their problems," says Gina Sverdlov, the author of the report. "More than ever, it's important to think about what they want." 

More than half of brick-and-mortar consumers with customer service issues go to a physical store to solve their problems, while another 30 percent pick up the phone and call, the report says.

Even online customers are just as likely to pick up the phone or go to a store instead of using internet customer service such as e-mailing or instant messaging.

They do this because going to a store or making a phone call is more convenient than using online methods, according to Forrester.

This could be a message to online retailers to stop investing so heavily in Internet customer service. From the looks of this report, you're better off ramping up phone and in-store customer service.

Maintaining great communication with your customers is especially important for small businesses, who rely on word-of-mouth and good recommendations even more than the big chains who can afford heavy advertising, Sverdlov says.

And customer service in stores should never be underestimated, Sverdlov says. 

A recent study showed that consumers were fed up with how they were being treated by retail employees. Even major retailers are taking note: Target is trying to reduce its register wait times to under one minute. And JCPenney CEO Ron Johnson is trying to make the consumer experience more like that of his Alma Mater, Apple.

Some easy ways to improve customer service is to add some associates to reduce wait times and to make a return policy that makes it easy on consumers, Sverdlov says. 

Here's a chart showing where customers in every channel seek out customer service. Note that brick-and-mortar shoppers still make up 87 percent of customers:

Customer service is essential to any business, and major retailers are taking note. By knowing where to invest resources, businesses can get ahead of the game. 

Tuesday, October 9, 2012

Evaluating Marketing Automation Software for Lead Generation and Management

Today’s technology has made B2B online lead generation and management efficient, scalable and effective. Most online marketing automation software provides a “one-stop-shop” solution for Marketing Departments. So, rather than jumping back and forth between multiple systems and websites, everything is accessible through one interface. This saves time and makes reporting much easier.

However, not all marketing automation software is created equal. There are many solutions, including ones for the SMB to the Enterprise. Some of the solution providers include Marketo, Eloqua, HubSpot, Aprimo, Act-On, Pardot, LeadFormix and Spectate.

Most marketing automation systems provide some or all of the capabilities outlined below:

Glengarry Glen Ross

  • Demand Generation
  • Competitor Tracking and Analysis
  • A/B Testing
  • SEO Tools
  • Social Media Management/Listening
  • Lead Management
  • Lead Scoring
  • Lead Nurturing
  • Lead Generation
  • Campaign Analysis
  • Lead Qualification
  • Sales Effectiveness

The Slingshot SEO Marketing Department recently evaluated several of the providers listed above and discovered some stark differences between them. The marketing automation software evaluated fell into one of two categories: those with strong demand generation (inbound marketing) capability, and those with little to none.

Some of the more mature solutions seemed pricey and lacked strong robust demand generation functionality. They seemed just as comfortable with recommending uploading a purchased list as opposed to organically earning conversions. This might have been acceptable five years ago when many of these solutions were helping to build this fledgling industry—but today, that’s called spam.

A few of the Enterprise solutions, while lacking strong inbound capability, did offer very robust, multi-channel lead nurturing and many unique and desirable bells and whistles. But in the end, Slingshot SEO chose to deploy the Enterprise level of HubSpot 3, the newest iteration of HubSpot’s technology.

Hubspot

The other solutions did not adequately address Slingshot SEO’s need for demand generation. HubSpot, on the other hand, offers a suite of SEO, blogging, social media, testing and competitive analysis tools required to produce adequate demand in today’s ultra-competitive Internet marketing landscape.

Without the proper flow of organically converted leads, marketing automation solutions provide little to no value. Traffic and conversions must be at acceptable levels to justify marketing automation solutions with gracile demand generation capability. Understanding this is critical to choosing the right solution for improving lead generation, lead management and customer acquisition.

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