Make Better Use of Facts About Your Customers

Posted by: Today's Tip Contributor on July 22, 2011

Review the impression you are sending customers and prospects at all touch points and make sure your message is clear and consistent. In addition, make sure you have the ability to collect data at each of these touch points. This includes your sales team, call centers, website, point of sale, e-mail communication, blogs, direct mail, promotional campaigns, advertising, shipping and fulfillment departments, and social media such as Twitter, LinkedIn, and Facebook. This critical exchange of information will allow you to put together the pieces of your customer profiles.

As you collect facts, make sure this data leads to knowledge creation and a better understanding of the evolving needs of your customers and prospects. An essential element that separates successful companies from struggling ones is their ability to turn facts about customers’ needs into knowledge that can be used to make sound business decisions. Facts and knowledge are vastly different. Facts alone cannot help you grow your business. You need to turn those facts—the raw data—into knowledge by adding your own analysis and research, and then use this knowledge to create value for your business.

Beth Goldstein
President
Marketing Edge Consulting Group
Boston

Post a comment

 

About

Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.

To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.

BW Mall - Sponsored Links

Buy a link now!