Thu.Jul 11, 2024

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Beyond NPS: Why Customer Feedback Needs a 360-Degree Revolution

Customer Think

The Imperative for Diverse Metrics and Measurements in Understanding Customer Sentiment Introduction Article Source: [link] Net Promoter Score (NPS) has established itself as a popular metric for evaluating customer loyalty, satisfaction levels, and the likelihood of customer churn.

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Setting Sales Benchmarks for Hunters and Farmers

The Center for Sales Strategy

Hunters and farmers are crucial for a balanced and effective sales team. Hunters actively seek out new business opportunities, while farmers nurture and grow existing client relationships. Setting benchmarks for these two distinct roles requires a nuanced approach to recognizing their unique strengths and contributions.

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Bridging the Gap Between Sales and Marketing

Customer Think

In this episode of the Sales Leadership Awakening podcast, Jenn Steele, CEO and Co-Founder of SoundGTM, discusses the challenging dynamic between marketing and sales teams. She highlights the common blame game between marketing and sales and the importance of effective communication and collaboration between the two functions.

Marketing 112
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Why Market Leaders Start Annual Planning Early

SBI Growth

For many growth leaders, inefficiencies in their value creation plan remain among the most significant hurdles toward their goals. Whether it is poor account segmentation or a weak organizational structure, any shortfall in the plan’s workstream can heavily undermine the effectiveness of the rollout, threatening to put executives’ plans in jeopardy.

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2024, The Year of the Customer

2023's struggles fueled a shift: companies are ditching wasteful strategies in favor of data and AI-powered growth. Enter 2024, the year GTC takes center stage. Discover 5 ways a customer-centric approach unlocks new revenue and delivers lasting success.

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The Impact of Culture on Creating Value

Customer Think

Why is culture important? Management gurus will tell you culture is important, because culture brings employees and partners in a company together through shared beliefs, traditions, and expectations and goals. The two basic types of culture are material culture, physical things produced by a society; and non-material culture, intangible objects produced by a society.

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Top Strategies to Achieve Operational Excellence | KaiNexus

Kainexus

Operational excellence as a strategic objective focuses on continuously improving internal processes and systems to achieve superior efficiency, quality, and customer satisfaction. Adopting a structured approach involves identifying inefficiencies, implementing best practices, and leveraging technology to streamline operations. This approach enhances productivity and strengthens competitive advantage by enabling organizations to respond effectively to market changes and customer needs, fostering

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Local SEO for Small Business: The Complete Beginner’s Guide

Groove HQ

SEO basics like understanding search intent and performing keyword research still matter – but they’re often not enough. If you don’t optimize for local search results, your business can easily miss out on potential customers looking for exactly what it provides. Any company that attracts customers in specific regions can benefit from local SEO strategies, […] The post Local SEO for Small Business: The Complete Beginner’s Guide appeared first on Groove Blog.

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15 Questions You Should Always Ask About SaaS Applications Before Buying It

Customer Think

Software as a Service (SaaS) applications are cloud-based services where software is hosted and managed by a third-party provider, accessible over the internet. Unlike traditional software that requires installation on individual devices, SaaS solutions offer scalability, remote accessibility, and reduced maintenance overhead.

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Customer Engagement Platforms: An Overview

Help Scout

What are customer engagement platforms? Learn what they are, how they differ from CRMs, key features of CEPs, and how to choose the best for your business.

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Comparing Inbound Marketing and Account-Based Marketing: A Comprehensive Guide

Customer Think

In the dynamic world of B2B marketing, two prominent strategies have gained significant traction: Inbound Marketing and Account-Based Marketing (ABM). Each approach offers unique benefits and challenges, catering to different business needs and goals.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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So you think digital banking is done?

NG Data

UK innovators like Monzo and Revolut have driven digital banking forward, prompting traditional banks to adopt similar features. While consumer retail banking may appear saturated, significant opportunities exist in SME, B2B, private, and commercial banking. LoopFX is disrupting the $7 trillion daily FX market with its PeerToBank matching protocol. Despite perceptions, digital banking innovation is still in its early stages, with immense potential for future advancements across various financial

Banking 52
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Why You Should Think Beyond Surveys for Original Research

Customer Think

In my last post, I described where B2B marketers should look when attempting to find topics for thought leadership content. There’s no longer any doubt that high-quality thought leadership content has become a critical component of effective marketing at many B2B companies. Numerous research studies have identified the characteristics that make thought leadership content persuasive.

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How generative AI is reshaping brand marketing

NG Data

Generative AI is transforming the marketing landscape by enabling brands to create a variety of content effortlessly. This technology has given rise to AI influencers, exemplified by Lil Miquela, who generate significant revenue and engagement despite not being real people. The industry is currently experimenting with generative AI, focusing on mastering prompt engineering to produce unique and effective outputs.

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Navigating Burnout: Understanding And Overcoming Workplace Stress

Customer Think

In today’s world, burnout has become an all-too-common issue resulting from hectic schedules and demanding lifestyles. From relentless pressure at work to the constant juggling act of personal responsibilities, many of us find ourselves close to the point of exhaustion.

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1st, 2nd, and 3rd Party Intent Data: Which Is Right for You?

How do 1st, 2nd, and 3rd party intent data compare? 1st, 2nd, and 3rd party data each have specific advantages and disadvantages. It comes down to four factors: accuracy, cost, control and quantity. This infographic explains the pros and cons of each and helps you understand which one is best for meeting your business objectives. Intent data can be a great way to fill your pipeline and close more deals.

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The Role Of AI In Digital Marketing: What You Need To Know

NG Data

AI is transforming digital marketing by enabling hyper-personalized marketing, enhancing predictive analytics, and improving customer interactions through advanced chatbots. The rise of voice-based shopping is driving the need for voice search optimization. Generative AI tools streamline content creation and product design, while autonomous AI tools like AutoGPT automate complex tasks.

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Time to Start Thinking Strategically

Whetstone

Strategic Account Managers (SAMs) are essential for driving long-term success in client relationships. To excel, SAMs must understand stakeholder goals, simplify complexities through effective communication, and ensure proactive action. This article explores these aspects, offering a concise guide for SAMs aiming to thrive in their roles. Communication with Key Stakeholders The first step in strategic account management is identifying the true key stakeholders, both internal and external.

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AI Success Begins and Ends With People: 3 Steps for Leaders to Drive AI Readiness

NG Data

AI success relies on a people-centric approach, emphasizing the importance of fostering an AI-ready culture. Leaders should empower employees through training and innovation, integrate AI into the overall business strategy, and promote collaboration across teams. These steps ensure that AI initiatives align with company goals and are effectively implemented, leading to better outcomes.

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X, Hoofbeat, Whatever: Does It Really Matter What You Call Your Brand?

Strategic Communications

Loyal fans are loyal fans. The more loyal they are the more they feel a sense of ownership over the brands they’re loyal to. Just ask Harley motorcycle owners. Because of their loyalty and sense of ownership, they can often be quite put off when brands make changes they don’t like. Like changes to the brand names they’ve become accustomed to.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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The New Rules of Marketing Across Channels

NG Data

In today’s marketing landscape, integrating online and offline channels is essential for a consistent customer experience. The new rules emphasize an omnichannel strategy, where interconnected touchpoints provide a seamless journey. Data-driven decision-making, utilizing AI and machine learning, allows for personalized and optimized campaigns. Social media and influencer marketing are crucial for effective audience engagement.

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Capacity Deepens Voice and Contact Center Capabilities with Two Acquisitions

Customer Think

AI-Powered Support Automation Platform Acquires CereProc and SmartAction

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The ultimate guide to manufacturing CRMs

PandaDoc

As a manufacturer facing a hyper-competitive market and the ever-changing demands of your customer base, we’re certain you don’t want to wait for prospects or established customers to tell you directly what they want and need. You can’t afford to! You require access to a tool that manages customer interactions and provides real-time data on leads, sales forecasts, actual sales and service, and aligns all ops to help you make accurate predictions on products most in demand in the upcoming months.