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Smarter Commerce | July 24, 2014

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Monthly Archives: March 2012

Friday Factoid: March 30

March 30, 2012 |

Sunday is April Fools Day – where are you being foolish? For retailers, it’s an issue of mobility… When it comes to mobile retail, 40% of consumers would like the ability to check product prices wherever they are and 50% …

Why business partners need to attend the Smarter Commerce Global Summit 2012 – Madrid

March 30, 2012 |

There are many reasons for business partners to attend the Smarter Commerce Global Summit 2012 – Madrid. But the best reason, as Jacqui Levy notes in her blog, is simple: Get to know your customers. If you don’t, someone

5 Design Tips That Will Lower Your Spam Scores

March 28, 2012 |
I’ve recently fielded a number of questions about email design. Some of them I thought were lost in time, like the formula for turning lead into gold. I know, I know, we’re all infinitely savvy digital marketers with ludicrous amounts of technical know-how, but sometimes the simple things get past us, so it never hurts to have a refresher. Design and deliverability are more closely related than you think. There are nuances to how you construct your HTML that directly impact your ability to deliver a given piece of email collateral to your consumers’ inboxes. Off the shelf products like Spam Assassin filter not only on source IPs, email authentication and content, but also examine, down to the code, how your email is architected and how you’ve formed your links and paths. So here are a few tips for those seeking to improve their design and deliverability…

What Does Marketing Mean in a Service Economy?

March 28, 2012 |

Over the weekend, I found myself poring over Joseph E. Stiglitz’s article, “The Book of Jobs,” which appeared in the January 2012 issue of Vanity Fair. It’s a long, scholarly article that constructs an interesting argument debunking the typical explanations for the Great Depression.

In a nutshell, Stiglitz makes the case that the Great Depression was not caused by the Fed’s rather draconian clamping down on the money supply (the primary lesson that Bernanke says he learned from studying the policy of the day), but rather by a social sea change that started on the farms of rural America and spread to the cities. America, says Stiglitz, evolved in relatively short order from an agrarian society where more than one fifth of the population worked on farms, to a manufacturing society. Fast forward to today and according to Stiglitz, “2 percent of Americans produce more food than we can consume.”

Now here’s where Stiglitz’s brilliance really comes through: he argues cogently and deftly that the parallels between the social changes that brought about the Great Depression are similar in their scope to the changes we’re experiencing today. We’re evolving from the manufacturing economy that put so many farmers out of business, into a service economy. He attributes the rise of the service economy to two main trends: increased productivity and globalization.

To these, I’d add another major ingredient, which to my mind is missing from Stiglitz’s argument: the rise of the connected customer. The explosion of social media, mobile technologies, new channels, and unexpected business models, has in turn unleashed a new breed of customer on businesses everywhere. Hyper connected and fully empowered by the sophisticated and ubiquitous use of technology, these customers have evolved into bona fide experts in your brand, products and services. Brian Solis of Alitmeter Group has also written extensively about the rise of the connected customer. Read More

Are You Generation C?

March 27, 2012 |

The idea of Generation C has gotten quite a lot of play recently. In fact, we here at IBM feel that we’ve found a kindred spirit in Altimeter Group’s Brian Solis, so similar are our trains of thought around …

Better Together: from after sales service to relationship-building in manufacturing, via social media

March 27, 2012 |

By Ronald Teijken
regional leader, Smarter Commerce at IBM

After sales service has been the bright idea of the week, the month, the year and even the decade and the concept is pretty straightforward; manufacturing companies maintain an ongoing relationship with their customers through the provision of after-sales service. They made the kit in the first place, so they know it inside out and they know how best to repair and upgrade it. It’s a sound approach, but it’s inevitably product-centric and restricts the type of relationship that companies can develop with their customer. So what more can they do?

The rise of the internet and social networking in particular means that it is now possible for manufacturers to move beyond simply delivering a ‘service culture’ to customers and instead develop a ‘relationship culture’, where communications are two-way and genuinely interactive. While retailers have traditionally owned the sales and marketing process of the commerce cycle, and thus owned the relationship with the end user, social networking tools can empower manufacturers by giving them direct access to customers and vice versa. “Cutting out the middle man” is an even older concept than after-sales servicing by manufacturers, but social networks are used by all sorts of people to short cut the system and to reach out to those one might otherwise struggle to contact – so why not in the manufacturing industry?

By deepening customer relationships through interactive online channels, manufacturers can both drive advocacy and brand loyalty among customers and increase sales by engaging directly with the people buying products. Product development also can benefit tremendously. Whereas R&D has often been conducted by specialist teams in isolated knowledge silos, with ideas only market-tested months into development, using social networks to build closer relationships with customers can generate ideas and create market-ready products faster and more efficiently. Read More

Friday Factoid: March 23

March 23, 2012 |

Did you know that 63% of CMOs believe shifting consumer demographics will significantly impact marketing functions? Understanding and delivering value to empowered customers and fostering lasting relationships with these customers are key areas in need of improvement. Get more details …

What Are the 5 Steps to Social Business Success?

March 22, 2012 |

Melissa SchaeferWritten by Melissa Schaefer. Melissa is the Global Retail Research Leader within IBM’s Institute for Business Value. She has over 20 years of experience with clients in the retail industry, having held various leadership positions in the retail industry, sales

Engagement In A Post FTAF World

March 21, 2012 |

In a recent webinar highlighting IBM Enterprise Marketing Management’s Social Features and capabilities a poll was taken to ascertain how many marketers were still using Forward To A Friend (FTAF). Although the results were not ‘shocking’ the metrics did give me pause and allow me to reflect on a murky topic: engagement.

Forward To A Friend Read More

Good News for Retailers – Report Shows Increase in Sales

March 21, 2012 |

Last week I was a guest on the New York Time’s Business Day Live where we discussed the recent U.S. Census Bureau’s Advance Monthly Retail Trade Report. It was my pleasure to discuss more good news from the retail front—retail …