The world is spinning, or should that be the world is full of spin?
Traditional CRM has morphed into a far more interesting, and in many ways challenging, activity.
From a PR perspective, the brave new world of CRM looks like this:
This means that 77% of customers search on social media sites for coupons and incentives and 60% of users have regular interaction with companies through social media.
There is however one basic flaw in the above; it is the customer who initiates the conversation not the PR company. The above infographic is a very PR-centric perspective of the world – a world that has rapidly moved on.
And as Mike Boysen explains:
“This is what PR people don’t seem to understand. Our CRM customers still have to do their jobs. CRM is not about PR – it will never be about PR. But, they do need to understand why customers may be making new demands of them. This social customer infographic clearly explains it. It needs no further explanation as far as I’m concerned. It’s simply time to move on. Some will be consulting, others will be flipping burgers.”
Source: Mark Tamis
It is the collaborative action of customers that is the most important dynamic. Company buzz is built by customers and PR attempts to influence this conversation can only go so far.
Often the best ideas for innovation come for the customer and not from within an enterprise. Similarly customers needs and support can be gauged by what is shared in social media conversations.
To put it bluntly, a company that does not engage through social media, is not nimble enough to quickly innovate and respond to the needs of the customer, or fails to monitor the Buzz, is dead in the water.