Is Your Data Helping or Hurting Your Communications Strategy? |
By Elizabeth Dailing |
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This article appears in the Winter 2018 digital issue of DOCUMENT Strategy. Subscribe ![]() Image by: erhui1979, ©2018 Getty Images One of the biggest challenges in developing a personalized customer communications strategy may not be the lack of customer data but whether the data you have is supporting those efforts—or hurting them. Start at the SourceMost likely, your organization has customer data locked away in its marketing, sales, customer service, and financial or accounting departments-the lingering problem of isolated data silos. Each department may use the data differently and develop its own methods for data collection and storage. As a result, data around a single customer may conflict with information stored in other silos, be outdated, or simply be incorrect.The result can be frustrating for a customer who calls in with a question and is asked several times for his/her name, address, and possibly an account number before reaching the correct representative who can provide relevant information. This is a bright red flag indicating that your customer-facing teams don't have access to relevant database systems and/or don't have a multi-dimensional view of your customers. At this point, it's wise to ask, "How much work are you placing on the customer versus the amount of work you're doing to maintain their data? When that balance of responsibility shifts toward the customer, you'll likely see a break in the relationship. Ensuring Data QualityData quality issues can ultimately damage the customer relationship your company is working so hard to nurture. To help reach your customer experience goals, here are four questions every department should be asking.
Putting the Pieces in OrderFinding the gaps in your customer communications allows you to discover valuable metrics. Do you see a logjam at some point? Are other assets underused? What are the barriers? By answering these questions, you've found the starting point for devising a more effective, company-wide communications strategy.The greatest benefit to consolidating all the data you have on customers is the insight it gives into their experiences, their preferences, and how you can subsequently best serve them. We all know that customer retention costs significantly less than finding new customers. Building a single customer view with data that is meaningful and accurate can help ensure that retention. Elizabeth Dailing is Senior Director of Portfolio Marketing for Quadient, formerly GMC Software. Her background includes strategic marketing, enterprise software sales, and marketing management in multiple data domains, including security, movement, integration, and data quality. For more information, visit www.quadient.com.
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