Customer relationship marketing is powerful in theory, but troubled in practice. We need to take time to figure out how and why we are undermining our own best efforts.
Perhaps we’re overlooking the fundamental elements of a good customer relationship program. With the means to connect with customers easily, maybe we’re rushing to cash in on the potential rewards, while forgetting the essentials of all relationships: intimacy and trust.
Close examination reveals that relationships between companies and consumers are suffering. U.S. satisfaction rates are at an all-time low. Complaints, boycotts and growing unhappiness with big corporations are strong indicators that most CRM isn’t working.
Ironically, the very steps marketers are taking to build relationships with customers are often responsible for destroying these connections. Companies may delight in learning more about their customers and providing services to please them, but customers are fed up. They’re tired of irrelevant survey questions, overwhelming product choices, features they’ll never use in phone plans and cars, and rebate-driven buyer reward...
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