October 11, 2009Multichannel customers spend 3-5 times their single channel counterparts. Even so, they are not always the most profitable because they are expert bargain shoppers. The best customers (we call them “platinum”) shop consistently with or without sale promotions. In other words, they are fans of your company and brand. In most companies, they are an untapped resource. Given the opportunity, they are willing to share their experiences with friends and strangers alike. Social media provides a platform for their raves. Blogging encourages them to come forward.
Read the full article → October 7, 2009New marketing tools usually come with an opportunity to learn from others’ mistakes before you commit to using them. The innovators jump in, work out the kinks, and the rest of the world follows. Google’s sidewiki is different. If you wait, you’ll miss a great opportunity to build relationships, reinforce takeaway points, and engage the public.
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