Social CRM is a Map to Find Future Customers

Are you ready for your future customers?

Over the past few months I have been giving a lot of thought about who our customers are and will be in the future. What is it they want and need most? Kind of ironic sine the past three years we have been doing this and thought we finally had it nailed. Well the biggest lesson I have learned is that providing what a customer wants is a bit of a science and can often be predictable but delivering what they need is a moving target and not so predictable.

Since we work in the Joomla CMS , customer relationship and engagement space we have to not only set an example for customer experience but we have to help guide folks on ways they can use our CRBM Platform to harness theirs. I have been reluctant in the past to build "service packages" since we are a service provider and do not for the most part sell products. However, what I have found is that the number one thing our customers need is value. The question has been how can we deliver value in a way that those new to these technologies can understand while delivering it in a model that is easy to embrace. Thus we launched a series of Kick start programs and value building initiatives. This is what our customers were asking for.

Welcome to the Value Builder Methodology:

“If you don't know where you are going, you might wind up someplace else.” - Yogi Berra

We have seen the buzz in the CRM world to be all around building value for the customer so here are some key steps we take in our new Value Builder programs.

1. The first questions we have to ask are what are your biggest pains and what are the biggest hurdles for increasing your sales potential.
2. Then we have to clearly identify your priorities and map them to the required technologies that can increase efficiency and achieve business goals.
3. Then we have to identify and configure what technology can meet the desired results.
4. Then we have to integrate the people and processes with the new technology.
5. Then we have to follow-up with alignment and support solutions designed to help you navigate through the bumps in the road.

There are often additional steps in the process but part of the planning with this kind of Value Building Methodology is the fact we customize a specific plan for each customer.

Smaller business units will drive efficiency and change the landscape forever:

Some projects involving many stake holders require much more in-depth documentation and a more traditional approach. This slows down the process and makes the implementation much more challenging. Breaking down a horse pill into smaller bite sizes makes anything much easier to digest. One big advantage with smaller businesses or business units is their ability to respond in a collaborative real time process. This can not only significantly increase the efficiency in execution and improve the return on your investment but it can allow you to better target an action plan that meets the dynamics for your work group and untimely better service to your customers. I think as enterprises realize this and have to respond to the downturn in the economy and combined with the trends of social media dictating customer expectations you will find redefined business models that will have smaller divisions acting as smaller companies within a larger company umbrella.
The changing tide will wash surprises up on the beach.

Since well before the big melt down and shift in US politics we have been seeing some dramatic changes in the way customers are choosing vendors.

• It is harder to win loyalty
• There is a longer venting process
• Customer are in control of engagement
• They are eager to embrace next generation tools
• Building Value is key to successful relationship
• Consolidation and efficiency is in big demand
• Customers are cautions due to uncertain future in the marketplace

Greater opportunity will be there for those prepared when spending loosens and the economy gains momentum in an upturn. If you can make a solid case for delivering value and quality to your customer while providing a complete and emotional experience with your customers you will be prepared for the relationship. If you embrace and develop business processes and efficient business units that can leverage a Customer Relationship Business Management system or CRBM Platform of technologies you will be prepared to successfully respond and manage your new and existing relationships. Simply put having an aligned business strategy combined with the tools to effectively execute the strategy will be the formula for success with the customers of tomorrow in an ever changing economy.

Let’s start a conversation

The new customer relationship management wave is Social CRM and what I like to call "Customer Conversation Management" or CCM. If used right these tools can be a roadmap to meet your next generation of customers. What we have found to be a great resource for gathering customer information and insight was to use social media tools blended with a CRM strategy and other web technologies to engage in ongoing two way conversations. While we all want to hear from our customers it is also important to have this conversation with your peers. The other thing to think about is the depth of these conversations since no one wants to listen to someone full of themselves or with nothing interesting to bring to the conversation.

Business is getting personal again with the wave of web 2.0 social technologies digging their heels in. Relationships in the new social space will follow the same principles of any good relationship. Just like in a personal dating engagement no one likes a bragger and you need to start off as friends if you want the romance to live long. In a business relationship you need to make sure that you connect personally since you are doing business with people. A machine can be configured but humans need to be nurtured and responded to.

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