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12.30.09 The Real-time Web Makes Everything Marketing’s Responsibility By Jim Berkowitz Here are several excerpts from a post that was originally written for Valeria Maltoni's excellent new ebook about marketing in 2010. As Joe Buhler notes, the ebook includes terrific, thoughtful insights from Shannon Paul, Olivier Blanchard, Danny Brown, Amber Naslund, Jackie Huba, Gavin Heaton, Mark Earls, Rachel Happe, Jonathan MacDonald, and of course Valeria herself. Download it for free right here: Change Is At Hand Marketing has changed a lot since an enterprising caveman promoted his arrow points as "superior in every way - mammoths don't stand a chance." But, the real-time Web will change marketing more in 24 months than in the proceeding 20,000 years. That's because the real-time Web and its social media gasoline fundamentally change the relationship between company and customer. Every marketing shift heretofore has been rooted in the company being able to reach its customer in a more impactful (TV) or more efficient (demographics and psychographics) fashion. Now, however, the taxonomy of war that defined marketing (targeting, flight, impact) is an anachronism. Campaigns are eroding. In this real-time epoch, every interaction with a customer or prospect is a separate, fluid, and potentially critical marketing initiative. The balance of power has moved, inexorably and forever, from the company to the customer. When a real-time meme can erode brand trust that has taken years or decades to establish, we as marketers are no longer in control of the asylum. The good news is that many brands have chosen to embrace the real-time Web and social media as a groundbreaking way to foster customer kinship with the brand, rather than trying to ignore or squelch consumers' newfound power.
And in 2010, we're going to move from experimentation to methodology. It will be the year that the real-time Web and social media become operationalized. There are already plenty of companies clearing a path for everyone else, but this will be the year when we all start to get on the same page as to what's "right" and what's misguided. I see five key areas where this will occur.
1. What's the Point? There is a growing dichotomy between brands that use social media and the real-time Web as an outbound marketing tactic, and those that use similar tools and outposts as a customer service and CRM effort. To date, companies have been able to seamlessly experiment with both approaches, using similar tools, venues, and personnel. This year, however, brands will pick one strategic use (either customer acquisition or customer retention) and flesh it out, or create bifurcated programs to address both - but in separate venues. Continue reading this article. About the Author: Jim Berkowitz is a seasoned executive with more than 30 years of professional services and project management experience related to Customer Relationship Management (CRM) and Financial Management (Accounting & ERP) software solutions for small, mid-sized and Fortune 500 companies. As a Sales Force Automation and CRM Consultant, Jim has assisted more then 100 companies with the design and implementation of custom CRM solutions. Mr. Berkowitz is the founder and President of CRM Mastery, Inc.; a company dedicated to serving small and mid-sized enterprises (SMEs) by offering affordable tools and guidance to help them plan for and succeed with their CRM initiatives. |
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