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Cover image for CRM at the speed of light : social CRM strategies, tools, and techniques for engaging your customers
Title:
CRM at the speed of light : social CRM strategies, tools, and techniques for engaging your customers
Personal Author:
Edition:
4th ed.
Publication Information:
New York : McGraw-Hill, c2010
Physical Description:
xxvi, 662 p. : ill. ; 24 cm.
ISBN:
9780071590457
General Note:
Includes index

Available:*

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Material Type
Item Category 1
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30000010251946 HF5415.5 G745 2010 Open Access Book Book
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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

Forewordp. xi
Acknowledgmentsp. xv
Introductionp. xvii
Part I The Era of the Social Customerp. 1
Chapter 1 OMG! Your Customer Really Is Your BFF!p. 1
Bursting the New Mythology: Zeus Drops to Earthp. 1
How the Book Is Organizedp. 3
Starting with a Testp. 6
Welcome to the Era of the Social Customerp. 8
What's a Customer Ecosystem?p. 10
The Social Customer Needs Your Attention to Get Theirsp. 18
Chapter 2 CRM, CMR, VRM oràWho Cares?p. 29
"Traditional" CRMp. 30
From CRM to CMRp. 32
Social CRMp. 34
Social CRM Technology: Features, Functions, Characteristicsp. 37
The Social Stackp. 41
Social CRM and VRMp. 45
Vendor Relationship Management (VRM)p. 46
Now Do You See CRM, Social CRM, and VRM?p. 53
Chapter 3 The Customer Owns the Experiencep. 55
The Transition from Management to Engagement Through Experiencep. 58
Superstah! Response Tekp. 75
A Guiding Principle for Crafting Experiencesp. 78
Chapter 4 Enterprise 2.0: Not Exactly What You Thinkp. 83
Defining Enterprise 2.0p. 83
Enterprise 2.0: Here's Why You Need Itp. 85
What This Means for CRMp. 93
Chapter 5 A Company Like Me; New Business Models = Customer Lovep. 97
Why? Because We Like You and Trust Youp. 98
The New Business Models Unveiledp. 105
Another Model Worth Getting Behindp. 115
Part II So Happy Together: Collaborating with Your Customersp. 121
Chapter 6 Do You Have The Ring? Tools For Customer Engagementp. 121
The Value of Social Media in CRMp. 121
Social Mediap. 123
Superstah! Lotus Connectionsp. 140
Chapter 7 Love Your Customers Publicly: Blogs and Podcastsp. 149
The Blogospherep. 149
How Do You Measure a Blog?p. 161
Microblogging and More: Tweeting on Twitterp. 162
Superstah! Six Apartp. 166
Podcasting: A Brief Lookp. 170
Chapter 8 Wikis Are A Weird Name For Collaboration, N'est Çe Pas?p. 175
Crowdsourcingp. 176
Superstah! Socialtextp. 189
Wiki Wrap-Upp. 194
Chapter 9 Social Networks, User Communities: Who Loves Ya, Baby?p. 197
The Conversation Can't Be Avoidedp. 198
Social Network Styles: What Models Can You Choose From?p. 200
Managing the Communityp. 215
The IT Landscapep. 222
The Vendor Picturep. 226
Superstah! Neighborhood Americap. 228
Chapter 10 Movin' And Groovin': The Use Of Mobile Devicesp. 235
A Needy Marketp. 236
Why the Growth?p. 237
What's It Look Like? Mobile Technologyp. 239
Considerations in Mobile Enterprise Planningp. 241
Untethered Benefitsp. 242
The Future: Social CRM Gets Down and Wirelessp. 244
Superstah! Research in Motion, SAP, and CRM 2007 for the BlackBerryp. 248
Part III Baby Stays, Bathwater Goes-CRM Still Needs the Operationalp. 253
Chapter 11 The Collaborative Value Chainp. 253
Transparencyp. 254
The Systemsp. 255
Back and Front Office Integration: Bad Story, Good Storyp. 257
Integrating the Back with the Front-Still Not Too Shabbyp. 260
A Mini-Conferencep. 266
Now Meet the Customer: The Collaborative Value Chainp. 271
Ecosystems Begin to Rulep. 274
Building the Collaborative Value Chainp. 276
Superstah! SAPp. 279
Chapter 12 Sales And Marketing: The Customer Is the Right Subjectp. 283
Sales and Marketing Are Now Integrated, Aren't They?p. 283
Sales 2.0: Customer Expectations Have Changedp. 286
Leads and Opportunities: The Feeling Is Mutualp. 290
Special Circumstances Include the New Normp. 291
Handling Opportunities Better and Way Coolerp. 298
Superstah! Oracle Social CRMp. 300
Sales Intelligence: Mo' Better, Richer, Deeperp. 304
The Sales 2.0 Value Propositionp. 309
Marketing, uh, 2.0: New Mindset, New Toolsp. 310
Listen Up! The New Competition Is Attentionp. 310
Getting on the Cluetrain Manifestop. 315
Authenticity Trumps Consistencyp. 317
The Marketing Model: Old vs. Newp. 318
Social Media and Marketing: More than Just du Jourp. 322
CRM Vendors Have a Problem Here: Poor Apps, but Improvingp. 330
Chapter 13 Customer Service Is Our Name-And Our Gamep. 343
Customer Complaints Go Viral-and You Love Itp. 344
The Definition of Customer Servicep. 345
Building a New Customer Service Modelp. 350
Technology Finds 21st Century Customer Servicep. 366
Superstah! RightNow: Building Beyond the Traditionalp. 367
Superstah! Helpstream: Community-Driven Customer Servicep. 371
Closing It Outp. 375
Chapter 14 The Difference: CRM, the Public Sector, and Politicsp. 381
From 2004 to Now-Wow, What a Differencep. 383
In Re: Engagement by the Administrationp. 388
The Case of Singapore: Social CRM in Actionp. 391
Politics No Longer Poker-Bluffing Don't Woikp. 398
The Technology Champsp. 403
Superstah! Blue State Digitalp. 409
Chapter 15 SOA for Poetsp. 417
Evaluating Architecturep. 417
The Architecturesp. 420
Enterprise Service-Oriented Architecturep. 420
Superstah!p. 429
REST/WOAp. 429
Superstah! Sage Softwarep. 432
Chapter 16 At Home or in the Clouds-And In Open Spaces Betweenp. 437
On-Premisep. 438
On-Demandp. 441
The Playersp. 448
Superstah! NetSuitep. 448
Choosing SaaS vs. On-Premise: Comparative Checklistp. 451
Open Source: Not Quite Any of Themp. 451
Superstah! SugarCRMp. 458
Cloud Computing: Wispy or Real?p. 461
Chapter 17 Big Picture, Big Strategiesp. 473
Introducing Strategyp. 474
A Case Studyp. 494
Chapter 18 Mapping the Customer Experiencep. 503
The Benefits of Your Customer's Lovely Experiencep. 505
Why Customer Experience Mapping?p. 505
Chapter 19 Process and Data Go Together Like...CRM Operationsp. 519
Not Just Your Transaction's Data Anymorep. 520
It's the Process, Manp. 534
Superstah! Process-Driven CRM: Sword Ciboodlep. 542
Chapter 20 Value Given, Value Received: Analyzing the Return on CRMp. 549
Analytics: Figuring Out Whassupp. 549
What Are Analytics?p. 550
A Very Brief Primer on Analyticsp. 552
Analytics in Service of Insight = Loyalty, Advocacyp. 565
Measuring the Social Customer's Valuep. 572
Superstah! SAS and Customer Experience Analyticsp. 580
Chapter 21 When You Buy the Application, You Buy the Vendor, Though You Don't Implement Himp. 587
Despite Your Wishes, the Vendor Mattersp. 588
Moving Forward: The Implementation Beginsp. 601
Executing Perfectly: BigMachines Does IT Rightp. 602
Closing Up for the Nightp. 610
Chapter 22 Waving to the Futurep. 613
Now It's My Turn to Be a Fortuneteller, Err, Forecasterp. 618
In (Dim) Sump. 627
Appendix: The Social Web and the Public Sector: From the World to the Statep. 631
Customer Relationship Management or Citizen Relationship Empowerment?p. 632
The Critical Importance of Web 2.0 for the Public Sectorp. 633
The Core Problems Facing Public Safety Todayp. 636
Breaking Down the Barriersp. 639
A Real World Case Study: Virtual Alabamap. 640
Change Is Comingp. 646
Indexp. 649
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