How
Technology Changed the 5 W’s of Customer Communication
Technology in the digital transformation has changed every aspect of business—especially how we communicate with customers. In fact, I’d venture to say anyone who earned a marketing degree before 2015 has experienced a pretty sharp learning curve in the past few years, using new technologies like the Internet of Things (IoT) and artificial intelligence (AI) to map what used to be a fairly short customer journey. Nowadays, the journey is personalized, connected, and complex, full of touch points mapped and managed by our AI tools. As noted by my colleague Shelly Kramer in her piece “Competing on Customer Experience: The Best Bet for the Win,”
customer experience—which relies 100 percent on
communication—is now one of the most important signifiers of success in the
digital marketplace. The following is a brief overview of the 5 W’s of customer
communication, and the tech that makes them all possible.
Who?
It used to be
that marketing teams needed to take their best guess where to publish ads and
promotions based on general demographics, readership, and viewer profiles.
Today’s customer relationship management (CRM) platforms have taken the
guessing out of that process. Using AI, they can help trend customer behaviors,
including identifying new potential customers most likely to buy one’s product.
Gone are the days of launching a marketing campaign, only to find out later if
it was a successful one. What’s more, thanks to AI, marketing teams can launch
and adjust messages in real time, ensuring that every campaign is optimized to
its best potential
What?
Thanks to the It,
tracking each individual customer’s place in the buying journey has also become
must easier. Using AI, companies can now track customers who leave their
websites mid-sale or abandon online shopping carts, automatically sending them
incentives to come back and finish the transaction. Even the incentives can be
personalized, based on their individualized shopping history. Imagine: there’s
officially no such thing as a “lost sale.” The sales process can continue, even
after a customer leaves the store.
When?
Many of us
learned the hard way from poorly scheduled email marketing campaigns that
timing makes a huge difference in a campaign’s success. Four hours can mean the
difference between huge hit rates—and sales—and zero opens. AI can help
optimize the timing for marketing campaigns, releasing the message when each
specific customer is most likely to read it—not when the average population is
most likely to open it.
Where?
There’s a
tremendous amount of data available these days—far too much for humans to
process on their own. AI can use that data to determine where your customers
are most likely to shop, communicate, or talk about your company, be it social
media, email, or even chat. After all, there’s no point sending someone an
email if they rarely open their inbox. The best way to communicate with
customers is how they prefer it most.
Why?
We can answer
this question one of two ways—from the part of the company, or the part of the
customer. On the company’s side, there are lots of reasons to begin using smart
tools like AI and the IoT to create better, more tailored marketing campaigns.
For one, personalized incentives and messages go a long way. Customers feel
more loyal and are likely to buy again if they feel like a company know and
appreciates them. That in turn leads to better sales, better social media brand
ambassadors, and fewer customer service complaints. Oh, and of course, higher
sales.
On the customer
side, the answer is equally compelling. Facing what I call a “retail revolution,”
Customers want this technology just as much as your marketing teams do. Just
like your teams are faced with an overload of information, they are equally
faced with a barrage of ads, email blasts, marketing texts, and web ads vying
for their attention. Just like Slack helps overloaded employees sort through
the “muck” of communication overload, personalized marketing communication
helps customers sort through the overwhelm of the mass marketing brigade.
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