Customer relationship management has historically failed to deliver on the ‘relationship’ piece. But ‘Neo CRM’ could be about to rectify this. If there’s a fundamental flaw in customer relationship management (CRM), it’s that historically there has been little – if any – focus on relationships. Even the emergence of CRM 2.0 (social CRM), some eight years ago, failed to reso...
The Relationship Economy In the emerging Relationship Economy well-facilitated, ongoing customer-supplier interactions have the power to reveal value for both parties, and, In the process, dissolve the instinct for a customer to make choices on the basis of competitive comparisons. In simple terms, customers have traditionally measured value as benefits / costs. In the Relationship Economy, they m...