News

Measuring the power of word-of-mouth

Consumers have always valued opinions expressed directly to them. Marketers may spend millions of dollars on elaborately conceived advertising campaigns, yet often what really makes up a consumer’s mind is not only simple but also free: a word-of-mouth recommendation from a trusted source. As...

 

10 Common Social Media Mistakes

(Original article, eConsultancy.com 31st March 2010)

Many businesses are increasingly comfortable with social media, and many more have decided that social media is far too important not to experiment with. But the growing level of maturity in the world of social media doesn't mean that...

 

Get the most out of your customer data

 

Thanks go again to Davy Sims for his latest article in the Belfast Telegraph on the relationship between social network marketing and the CRM process, specifically the importance of all of that lovely customer information you can collect. Good lord, I even get a name check again!

Anyway...

 

What's it worth for your customers to be loyal?

 

Marketers worldwide are increasingly looking to relationship marketing, CRM strategies and loyalty programs to improve customer retention and value, teach them about what motivates their prospects, and help them keep communications targeted and focused, according to data from the CMO...

 

Budgets for Digital Relationship Marketing to increase in 2010

 

The “2010 Digital Marketing Outlook” report found that 81% of the brand executives surveyed expected an increase in digital projects in 2010, and one-half will be moving dollars from traditional to digital budgets. Further, more than three-quarters think the current economy will push...

 

Digital agency income up by 18% in 2009

 

(from New Media Age, 21 Jan 2010. By Charlotte McEleny)

The top 30 digital agencies saw their income grow by 18% last year, according to the Kingston Smith W1 report.

The accountancy firm’s Financial Performance of Marketing Services Companies Annual Survey revealed that digital agencies...

 

Harnessing Active Brand Advocates

 

Brands obtain additional free exposure when motivated customers begin to act as word-of mouth advocates, says a recent report from eMarketer.com.

Ok, so if you are already a believer in the various merits of relationship marketing and CRM then this isn't going to be 'news' exactly but it is...

 

How Data Will Impact the Way We Do Business

"Conducting business at the data level is not a practice for the future. It is a core competency, today" writes Josh Jones-Dilworth, the Founder and CEO of Jones-Dilworth, Inc. a PR consultancy focused on bringing early-stage technologies to market.

"Social media, at its inception, was all...

 

Social Media Helps Small Businesses

Small businesses are set to increase the time and effort they spend on social media marketing, but research on its effectiveness has been mixed.

In one survey from Citibank, for example, it was claimed that the majority of small-business executives found social networks no good for...

 

Securing Brand Loyalty Through Relationship Marketing

Creating an ongoing dialogue!

As consumer packaged goods (CPG) brands lose share to less-expensive store brands, marketers are focusing on methods to secure lifelong brand loyalty in a bid to acquire new customers and retain lifelong customers. The insights gleaned from their online...

 
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Disclaimer

Most of these news stories have been gathered from CRM industry RSS feeds and other related links and are republished to increase awareness in Relationship Marketing and Social CRM.

There is no intention of passing these off as our own work and the original sources may be found by clicking through the 'Read more' links at the end of the articles.