Remove customer

Chris Koch

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Social media raises the bar for customer intimacy

Chris Koch

Social media is raising the bar on customer intimacy. Though it has become a generic term, customer intimacy was first coined by Michael Treacy and Fred Wiersema who worked at CSC/Index back in the 90s when I was a thought leadership marketer there. The theory is that every company competes in three disciplines: Customer intimacy.

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The power of self-regulation in customer relationships

Chris Koch

Clear, simple product that everyone understands, right? And he aims to give away (as in free) as many services to his customers as possible. The bowl represents the lifetime value of the customer. When Zane started out, he faced competition from much larger bike shops, so he couldn’t afford to compete on price of the product.

Wikipedia 100
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Want to launch a new product or service faster? Do some research.

Chris Koch

In other words, companies start trying to deliver new products and services before they’ve adequately answered all the questions about whether this new thing is something customers actually want, whether it’s something that salespeople can actually sell, and whether it is something that operations can actually deliver at a reasonable cost.

Research 100
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Want to launch a new product or service faster? Do some research.

Chris Koch

In other words, companies start trying to deliver new products and services before they’ve adequately answered all the questions about whether this new thing is something customers actually want, whether it’s something that salespeople can actually sell, and whether it is something that operations can actually deliver at a reasonable cost.

Research 100
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6 lessons on how NOT to market to customers

Chris Koch

Sure, healthcare knows how to sell drugs, but in terms of preparing the customer for the experience of service delivery, fuggedaboudit. Here are some examples: Educate the customer—or don’t. Oh wait, right… Whatever you do, don’t let the customer meet the people who will actually be doing the work. Motivational.

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Have you created a waking dream for your customers?

Chris Koch

For example, in the three categories I’ve looked at so far (there are six categories altogether), we have one company using analytics to predict customer buying patterns (and this ain’t diapers or laundry detergent, ladies and gents—we’re talking six-figure jumbles of complex products and services here). What is a waking dream?

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How customers will react to a crisis in your company and what to do about it

Chris Koch

Geoff Dodds, Julie Schwartz and I brainstormed the different responses customers can have to a crisis and the steps you can take to address the problems. When a crisis hits, customers make a decision about whether the promise of a brand has been broken and whether the relationship can be repaired. Breaking the promise.