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CRM News South Africa

Delivering exceptional customer experience in a multichannel world

It's been more than 10 years since Time magazine named Amazon.com CEO Jeff Bezos Person of the Year for his success in popularising the ability to shop for and purchase just about anything online. At that time, you didn't have to go far to find experts touting e-commerce as the total replacement for the communication channels typically used in a traditional "brick and mortar" organisation.

However, consumers and businesses have not moved exclusively to online shopping; most have simply added the online channel to a growing list of resources at their disposal, often taking advantage of multiple channel resources in the course of a single interaction. With the more recent introduction of online social networks, the online channel has arguably become the most disruptive and opportunistic new business practice of this decade.

Today's online channels not only serve as marketplaces, but more critically, they serve as public forums in which consumers and businesses sound off about your products, your service, your people and your brand. No longer do companies serve customers in a one-to-one environment, regardless of channel. Thanks to the Web, every interaction has the potential to become broadcast as one-to-many, for better or for worse. In fact, one of the largest assets developing around corporations today is the amount of content, knowledge and brand promoters that have developed over social networks. Companies must now manage external assets, which are starting to have a greater impact to their business than their own internal assets. Companies that are able to leverage social networking, content and knowledge assets will be those best positioned for future success.

That's why it's more important than ever for companies to take a multichannel approach to customer relationship management that recognises the unique role that social online channels play across all interactions.

Read the full article here.

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