Tag Archive for: YouTube

Is customer-centric business the future?

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In the last 12 years, the credo of my business life was “Customer First!”. It surprises and disappoints me when I experience poor customer service. Or when I hear from unhappy friends, colleagues or relatives telling me stories about how companies treat the centre of their business: customers.

Last week, when I was thinking about how to leverage this to a higher level, I came across a modern business strategy vision by Ranjay Gulati, Harvard Business School professor and author of the book “Reorganize for Resilience: Putting Customers at the Center of Your Business“. In the following video Gulati tells us how to deliver what customers really want.

Reorienting vs. Reorganizing
Ranjay Gulati sees the fundamental changes appropriate for some movement in company processes. Customers have more information, more choices on products while companies are facing global competition. So, businesses have to think about their business (not only marketing or sales efforts!) and how it operates.

Redefining vs. Reinventing
The analysis of the customer base might show that the website is designed for male while the majority of the users might be female. So, we need to ask questions like “Who are my customers?”, “How do my customers shop?”, or “What do they really want?”.

Gulati explains with the latest success of Best Buy how women and men shop. At that point, he also hints to the upsale opportunity of recommendations.

Success for businesses, he believes, comes from “Inside-Out-Perspective”. Companies don’t have to produce everything themselves but need to make the client happy like Apple with the iPhone. 90% of the inputs are not made by Apple. The same occurs to the apps in the Apple store where Apple basically just orchestrates the customers wishes.

“Make this identity shift. I am not here to sell what I produce – I am here to solve a set of customer problems (…) and actually acting on that!”

How to get to a customer-centric business…
1. Shifting mindset: the intention to solve customer problems.
2. Sense of curiosity and humility: the wish to understand your customers.
3. Make a creative leap: the will to understand their needs.
4. Align the elements in the organization: the motivation to live the customer-centric business.

Spot On!
Interested to get your view on this modern business strategy. Let us know what you think about customer-centric business. Or do you think the social web will be leading us towards this business process anyway?

News Update – Best of the Day

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Is the marketers attitude towards traditional advertising changing as all marketers are looking for engagement? PepsiCo is challenging social media efforts big time this year and will not invest in an expensive super bowl campaign. A budget of 20 mio. USD will be invested into a social media campaign. Mashable has all the facts…

If you are in the wine business (or a wine ‘geek’) and looking how to improve your business ideas just listen to a nice case study and see what the social web can do for you. Joe Roberts, certified specialist of wine, shares some good information and show the challenges for big brands with social media.

The world is talking just about one new technology product: the iPad. But did you know that there is already a home-made commercial on YouTube for it? How do you like the idea of the dancing fingers?

News Update – Best of the Day

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How much value has social networking for young-people? While a study shows the huge amount of time American children spend on the web, a new study by the University of Virginia shows the benefit of social networking for the well-adjusted.

”The best-adjusted young people were far more likely to use social media as an extension of their positive friendships,” said Assistant Professor Amori Mikami.

Nevertheless, the reverse situation the not well adjusted children are more likely to display material that was hostile and inappropriate, she says.

Some people have been asking me lately if it makes sense to market a local event with social media. Now, abviously it depends on the industry and the importance and relevance of the topics presented at the event. As a general guideline I found this case study on Tim Patterson’s blog.

The main difference between a viral and a traditional (TV or cinema) commercial is that the viral is produced for the web (longer recording and playing time with more than 30 minutes, violating traditional commercial rules and addressing the buzz-effect) to be distributed amoungst web users in social networks. Lisa Barone just told us what it takes to go viral.

“It is the people that you want to see and pass on your content, they’re not necessarily customers.”

PS: This commercial by Prescriptionforchange.com is one of the latest examples showing a viral commercial production. And, people are discussing about it if it is good or not – this is another benefit you want to achieve with a viral: buzz, buzz, buzz….

News Update – Best of the Day

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It sounds unbelievable but a study by the Kaiser Family Foundation states that the average young American spends every waking minute — except for the time in school — using a smart phone, computer, television or other electronic device. Those ages 8 to 18 spend more than 7 1/2 hours a day with such devices. One hour more than five years ago, when the study was last conducted. And the results does take into account the hour and a half they are texting, or the half-hour they talk on their cell phones.

Social Media trends for business in 2010? Almost all bloggers have written their social media business input and predictions for companies in 2010. Jeremiah Owyang sees four trends – understandable and with the right focus on customers. Take your time for the post…

Sometimes things seem to be worse than they appear to you. And sometimes, they have just a funny turning point like this commercial by Nolan’s cheddar.

News Update – Best of the Day

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Are you surprised when somebody says Facebook is better than Twitter for marketing purpose? Amy Porterfield cites a report by MarketingProfs called ‘The State of the Social Media Marketing’. The report delivers great insight in social media usage by marketers, tactics and strategic approaches.

With the rise of thew social web, governance for social networking in businesses becomes even more important. A recent study by Cisco states that most businesses have no “formal process associated with adopting consumer-based social networking tools for business purposes”.

If you treat your customers like the sales person in this creditbuilder commercial, you won’t make big deals… but you will definitely raise awareness.

News Update – Best of the Day

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Best of the DayPeople are asking me quite often, what it takes to become a smarter social businessperson? I was about to write a post about it. But my strategy works along Jeff Jarvis words: “Do what you can do best and link to the rest!”. And yes, I have found that Don Reisinger at Gigacom has written some excellent 10 tips for becoming a smarter social business person. So, why should I…?

Some companies like AUDI let their social community and fans co-create their new design for the car of the future. Vitamin waters newest flavor was created by their brand’s Facebook fans. Matt Rhodes shares the social experiment which is not finished with the launch of the product in March 2010. The success factor for the engagement of the community was a competition (again – incentives are key, it seems)… and for the success? Collaboration…! The co-creation included: choosing the flavor, designing the packaging, and naming the water.

This Doritos commercial makes me laugh… join in!

The Strategy Web – going mobile on an iphone app

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The mobile iphone app trend can be heard all over the bloggosphere. We all know the future is mobile and people want to read their preferred social medians on the go. And some web-experts have launched their own iPhone app lately. The Strategy Web (download in iTunes) went mobile with the start of this year 2010 as well…

Two of my favorite web-experts Jeremiah Owyang and Seth Goddin started their iPhone app more or less at the same time. And they all can be read every day, for free. You just have to download it on your iPhone!

Jeremiah and I have chosen the nice developer guys from MotherApp to get our personal version of a real iphone app. It took the guys just one short week to get the app live on iTunes. And this is not only a mobile version of our blog without heavy graphic load in the back-end. This is a true iPhone app with native Apple interface which includes the integration of all the main relevant social media platforms of my social web strategy (except from Facebook): Blog, Twitter and YouTube.

TSW iPhone App As

Above: screenshot of the app start page and latest blog update

TSW iPhone App Bs

Above: screenshot of a post page, YouTube channel, and the Twitter timeline.

MotherApp offers an interesting way to get your brand and content mobile. Even if there is no internet connection the content can be read as it is downloaded. Good work!

Two further iPhone apps I woul dlike to recommend. Take a look at Guy Kawasaki and Brian Solis (he even has integrated location-based features).

This is still an early stages version. Two negative things that will hopefully improve in the future: Brands need a developer to create the iPhone app and only my comments can be seen – not really social web world, I know. But hey, who is perfect…?!

Let me know what you think. Looking forward to your feedback.

News Update – Best of the Day

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Best of the DayWhat happens when you ask SMB’s on their social media usage?. Here is the answer: A report interviewed 1,000 small business owners with fewer than 100 employees and wanted to know their attitudes and marketing plans for 2010. The key findings…

31% don’t use social media because their customers don’t use social media.
29% don’t have the time or staff available to do it properly (a well-know problem)
52% plan to devote more resources to cause marketing in 2010.

H&M finds itself in the social media critics after it came out that they are destroying and discarding clothes that they cannot sell. The official H&M Facebook page is quite successful and has nearly 1.5 mio fans. It will be interesting to see how they react and what social media experts will be telling them to do – and how they are working around this “social media storm”. Here are some tips for companies…

Trying to find a retrospective for 2009 was a challenge. But I finally found this great video by Rob Cottingham, looking back at 2009 in doodles…

News Update – Best of the Day

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daily1Let your kids do social networking! Why? Parents might argue that social networking could “harm” their childrens education performance. A study by the University of New Hampshire now suggests that social networks aren’t as damaging to students’ grades as parents might think.

Earlier this year, Dominos was the negative example for social media usage in business. Now, they are coming back with their social media campaign “The Pizza Turnaround”.

And they are showing how customer feedback via social media can be used to reinvent the brand.

This year 2009 best commercial series? Have you ever seen the series of MINI’s convertible ads? Take your time and enjoy!

I am wishing all my readers a great and successful year 2010! Keep up the speed and in touch with The Strategy Web. THX for a fantastic year 2009!

News Update – Best of the Day

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daily1Facebook and it’s privacy settings is becoming a running issue for the social networking sphere. The Guardian is focusing on the topic that splits the members in two groups: campaigners against their new data setting and those who cannot find the “big deal” in it (not surprising, if you think about the Attention Deficit Syndrome that some members provide with their timelines…).

Peter Kim started a wiki on social media case studies some months ago. In order not to forget about it and to keep up with the speed of social case adoption have a look at some new cases – or leverage the input.

IKEA always finds the right call-to-action – have a laugh at this funny commercial…

PS: Like the idea of the strategy to ensure children can surf the web safely by UK government…
http://www.itpro.co.uk/618586/online-safety-to-be-taught-in-schools