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Summary
Summary
Publisher's Note: Products purchased from Third Party sellers are not guaranteed by the publisher for quality, authenticity, or access to any online entitlements included with the product.
Best practices for a successful Social CRM implementation
Social CRM is critical to business success in today's hyper-connected environment. Customers' expectations are so great and their demands so empowered that a Social CRM strategy must be built around collaboration and customers engagement, not traditional operational customer management. It's the company's response to the customer's control of the conversation that makes Social CRM work.
Written by CRM guru Paul Greenberg, CRM at the Speed of Light, Fourth Edition , reveals best practices for a successful Social CRM implementation. Greenberg explains how this new paradigm involves the customer in a synergetic discussion to provide mutually beneficial value in a trusted and transparent business environment.
Throughout this definitive volume, you'll find examples of the new strategies for customer engagement and collaboration being used by cutting-edge companies, along with expert guidance on how your organization can and should adopt these innovations.
CRM at the Speed of Light, Fourth Edition , reviews the latest technological developments in the operational side of CRM, including vertical applications, and explains the fundamentals of the multifaceted CRM framework.
Find out why Paul Greenberg was named the #1 CRM influencer by InsideCRM in the completely recast edition of this international bestseller.
Praise for CRM at the Speed of Light
"[This book] is a testament to Greenberg's profound grasp of the control revolution that is upon us. Customers seizing control from business. Citizens demanding control and accountability from their governments. Political campaigns and charities being rewarded by shifting power to their supporters. Quite simply, it is the definitive work for anyone committed to putting the social customer at the center of their operation." -- Brian Komar, Director of Interacitve Marketing and CRM, Center for American Progress
"With great insights, great stories, and great information, Paul Greenberg analyzes the impact of every major industry development on vendor/customer relationships. Not only is he on top of his game, he makes reading this edition as enjoyable as it was to read the previous three. This is an absolute must-read for anyone serious about understanding how to best serve today's social customer." -- Brent Leary, CRM industry analyst and co-author of Barack 2.0: Social Media Lessons for Small Business
"This edition is packed with new insights about how online conversations are changing the nature of customer relations. Think the CRM market is crazy now? Hitch a ride on Greenberg's shoulders because you ain't seen nothing yet." -- Paul Gillin, author of The New Influencers and Secrets of Social Media Marketing ."
"As we make the shift to SCRM, Paul's insights provide a much needed framework on how to navigate a more connected, social, and collaborative enterprise." -- R "Ray" Wang, Partner, Enterprise Strategy, Altimeter Group, LLC
"Paul Greenberg is one of the most astute minds in CRM and social media today. His book remains the bible for companies employing CRM. The added focus on blending new and social media into Paul's philosophy of CRM will keep this as the first book companies reach for to enhance the customer relationship in the new century." -- Jay Dunn, Vice President of Marketing, Lane Bryant
"Paul Greenberg shares his unparalleled expertise on the dramatic
Author Notes
Paul Greenberg is an author and essayist. In 2002 he wrote a novel Leaving Katya - which is about the destruction of a Russian American marriage and became a Barnes and Noble Great New Writers selection. Starting in 2005 he has been writing for The N.Y. Times Magazine Book Reviews and Opinion sections. His specialty is writing on fish, agriculture, and the future of our oceans. His article on Chilean Sea Bass received the International Association of Culinary Professionals Bert Greene Award for excellence in food writing. He has also been a guest commentator on public radio programs such as All things Considered and the Leonard Lopate Show. He wrote Four Fish: The Future of the Last Wild Food.
(Bowker Author Biography)
Table of Contents
Foreword | p. xi |
Acknowledgments | p. xv |
Introduction | p. xvii |
Part I The Era of the Social Customer | p. 1 |
Chapter 1 OMG! Your Customer Really Is Your BFF! | p. 1 |
Bursting the New Mythology: Zeus Drops to Earth | p. 1 |
How the Book Is Organized | p. 3 |
Starting with a Test | p. 6 |
Welcome to the Era of the Social Customer | p. 8 |
What's a Customer Ecosystem? | p. 10 |
The Social Customer Needs Your Attention to Get Theirs | p. 18 |
Chapter 2 CRM, CMR, VRM oràWho Cares? | p. 29 |
"Traditional" CRM | p. 30 |
From CRM to CMR | p. 32 |
Social CRM | p. 34 |
Social CRM Technology: Features, Functions, Characteristics | p. 37 |
The Social Stack | p. 41 |
Social CRM and VRM | p. 45 |
Vendor Relationship Management (VRM) | p. 46 |
Now Do You See CRM, Social CRM, and VRM? | p. 53 |
Chapter 3 The Customer Owns the Experience | p. 55 |
The Transition from Management to Engagement Through Experience | p. 58 |
Superstah! Response Tek | p. 75 |
A Guiding Principle for Crafting Experiences | p. 78 |
Chapter 4 Enterprise 2.0: Not Exactly What You Think | p. 83 |
Defining Enterprise 2.0 | p. 83 |
Enterprise 2.0: Here's Why You Need It | p. 85 |
What This Means for CRM | p. 93 |
Chapter 5 A Company Like Me; New Business Models = Customer Love | p. 97 |
Why? Because We Like You and Trust You | p. 98 |
The New Business Models Unveiled | p. 105 |
Another Model Worth Getting Behind | p. 115 |
Part II So Happy Together: Collaborating with Your Customers | p. 121 |
Chapter 6 Do You Have The Ring? Tools For Customer Engagement | p. 121 |
The Value of Social Media in CRM | p. 121 |
Social Media | p. 123 |
Superstah! Lotus Connections | p. 140 |
Chapter 7 Love Your Customers Publicly: Blogs and Podcasts | p. 149 |
The Blogosphere | p. 149 |
How Do You Measure a Blog? | p. 161 |
Microblogging and More: Tweeting on Twitter | p. 162 |
Superstah! Six Apart | p. 166 |
Podcasting: A Brief Look | p. 170 |
Chapter 8 Wikis Are A Weird Name For Collaboration, N'est Çe Pas? | p. 175 |
Crowdsourcing | p. 176 |
Superstah! Socialtext | p. 189 |
Wiki Wrap-Up | p. 194 |
Chapter 9 Social Networks, User Communities: Who Loves Ya, Baby? | p. 197 |
The Conversation Can't Be Avoided | p. 198 |
Social Network Styles: What Models Can You Choose From? | p. 200 |
Managing the Community | p. 215 |
The IT Landscape | p. 222 |
The Vendor Picture | p. 226 |
Superstah! Neighborhood America | p. 228 |
Chapter 10 Movin' And Groovin': The Use Of Mobile Devices | p. 235 |
A Needy Market | p. 236 |
Why the Growth? | p. 237 |
What's It Look Like? Mobile Technology | p. 239 |
Considerations in Mobile Enterprise Planning | p. 241 |
Untethered Benefits | p. 242 |
The Future: Social CRM Gets Down and Wireless | p. 244 |
Superstah! Research in Motion, SAP, and CRM 2007 for the BlackBerry | p. 248 |
Part III Baby Stays, Bathwater Goes-CRM Still Needs the Operational | p. 253 |
Chapter 11 The Collaborative Value Chain | p. 253 |
Transparency | p. 254 |
The Systems | p. 255 |
Back and Front Office Integration: Bad Story, Good Story | p. 257 |
Integrating the Back with the Front-Still Not Too Shabby | p. 260 |
A Mini-Conference | p. 266 |
Now Meet the Customer: The Collaborative Value Chain | p. 271 |
Ecosystems Begin to Rule | p. 274 |
Building the Collaborative Value Chain | p. 276 |
Superstah! SAP | p. 279 |
Chapter 12 Sales And Marketing: The Customer Is the Right Subject | p. 283 |
Sales and Marketing Are Now Integrated, Aren't They? | p. 283 |
Sales 2.0: Customer Expectations Have Changed | p. 286 |
Leads and Opportunities: The Feeling Is Mutual | p. 290 |
Special Circumstances Include the New Norm | p. 291 |
Handling Opportunities Better and Way Cooler | p. 298 |
Superstah! Oracle Social CRM | p. 300 |
Sales Intelligence: Mo' Better, Richer, Deeper | p. 304 |
The Sales 2.0 Value Proposition | p. 309 |
Marketing, uh, 2.0: New Mindset, New Tools | p. 310 |
Listen Up! The New Competition Is Attention | p. 310 |
Getting on the Cluetrain Manifesto | p. 315 |
Authenticity Trumps Consistency | p. 317 |
The Marketing Model: Old vs. New | p. 318 |
Social Media and Marketing: More than Just du Jour | p. 322 |
CRM Vendors Have a Problem Here: Poor Apps, but Improving | p. 330 |
Chapter 13 Customer Service Is Our Name-And Our Game | p. 343 |
Customer Complaints Go Viral-and You Love It | p. 344 |
The Definition of Customer Service | p. 345 |
Building a New Customer Service Model | p. 350 |
Technology Finds 21st Century Customer Service | p. 366 |
Superstah! RightNow: Building Beyond the Traditional | p. 367 |
Superstah! Helpstream: Community-Driven Customer Service | p. 371 |
Closing It Out | p. 375 |
Chapter 14 The Difference: CRM, the Public Sector, and Politics | p. 381 |
From 2004 to Now-Wow, What a Difference | p. 383 |
In Re: Engagement by the Administration | p. 388 |
The Case of Singapore: Social CRM in Action | p. 391 |
Politics No Longer Poker-Bluffing Don't Woik | p. 398 |
The Technology Champs | p. 403 |
Superstah! Blue State Digital | p. 409 |
Chapter 15 SOA for Poets | p. 417 |
Evaluating Architecture | p. 417 |
The Architectures | p. 420 |
Enterprise Service-Oriented Architecture | p. 420 |
Superstah! | p. 429 |
REST/WOA | p. 429 |
Superstah! Sage Software | p. 432 |
Chapter 16 At Home or in the Clouds-And In Open Spaces Between | p. 437 |
On-Premise | p. 438 |
On-Demand | p. 441 |
The Players | p. 448 |
Superstah! NetSuite | p. 448 |
Choosing SaaS vs. On-Premise: Comparative Checklist | p. 451 |
Open Source: Not Quite Any of Them | p. 451 |
Superstah! SugarCRM | p. 458 |
Cloud Computing: Wispy or Real? | p. 461 |
Chapter 17 Big Picture, Big Strategies | p. 473 |
Introducing Strategy | p. 474 |
A Case Study | p. 494 |
Chapter 18 Mapping the Customer Experience | p. 503 |
The Benefits of Your Customer's Lovely Experience | p. 505 |
Why Customer Experience Mapping? | p. 505 |
Chapter 19 Process and Data Go Together Like...CRM Operations | p. 519 |
Not Just Your Transaction's Data Anymore | p. 520 |
It's the Process, Man | p. 534 |
Superstah! Process-Driven CRM: Sword Ciboodle | p. 542 |
Chapter 20 Value Given, Value Received: Analyzing the Return on CRM | p. 549 |
Analytics: Figuring Out Whassup | p. 549 |
What Are Analytics? | p. 550 |
A Very Brief Primer on Analytics | p. 552 |
Analytics in Service of Insight = Loyalty, Advocacy | p. 565 |
Measuring the Social Customer's Value | p. 572 |
Superstah! SAS and Customer Experience Analytics | p. 580 |
Chapter 21 When You Buy the Application, You Buy the Vendor, Though You Don't Implement Him | p. 587 |
Despite Your Wishes, the Vendor Matters | p. 588 |
Moving Forward: The Implementation Begins | p. 601 |
Executing Perfectly: BigMachines Does IT Right | p. 602 |
Closing Up for the Night | p. 610 |
Chapter 22 Waving to the Future | p. 613 |
Now It's My Turn to Be a Fortuneteller, Err, Forecaster | p. 618 |
In (Dim) Sum | p. 627 |
Appendix: The Social Web and the Public Sector: From the World to the State | p. 631 |
Customer Relationship Management or Citizen Relationship Empowerment? | p. 632 |
The Critical Importance of Web 2.0 for the Public Sector | p. 633 |
The Core Problems Facing Public Safety Today | p. 636 |
Breaking Down the Barriers | p. 639 |
A Real World Case Study: Virtual Alabama | p. 640 |
Change Is Coming | p. 646 |
Index | p. 649 |