2001 marks more than the official beginning of the 21st century. It marks a
year since the first of many dot-com flaws surfaced. All the major dot-coms
geared up for 1999-00 and most failed. Why? Because they embraced "Web
only"–a mistake that cost them, and their customers, dearly. E-tailers
put up Web stores and online customers flocked to the sites to eliminate their
shopping pain. But, when the orders didn’t come, the customers were begging
for service. Unfortunately, there wasn’t any. Customer service agents didn’t
have visibility on the online transactions–and when customers called the e-tailer’s
call center, they couldn’t get answers to basic questions, like "Did my
order ship?" and "When will I get my shipment?"
The major flaw: in the race to online success, everyone gambled on Web-only.
But the Web is just one more channel through which to sell and provide customer
service. A recent report by Jupiter Communications showed that only 37% of Web
ventures currently combine three or more customer service channels on their Web
sites. Those that do, have all the channels connected and synchronized into a
seamless customer service experience! Remember, if the channels aren’t in
sync, then they are working against each other–not with each other–and the
resulting damage done to the customer relationship may be irreparable.
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Don’t just think about Web self-service. Your call center must evolve into
an interaction center so that your customer service agents will have full
visibility over Web transactions, as well as traditional service requests and
field service. Also, you have to simplify your "face" to the customer.
Customers now expect - no, demand - great service. To be able to deliver
world-class service, you have to ensure that Web interactions as well as direct,
phone and partner interactions are consistent.
Businesses face considerable challenges in integrating these interaction
channels, each with its distinct technology platforms, into a cohesive whole.
According to a recent survey by the Meta Group, about 60% of CRM project costs
go into integration. IT experts everywhere struggle with the need to make sense
of and maintain the various technology platforms and software components that
make up the foundation of how they communicate with, and manage and serve
customers.
Given the speed at which e-business is conducted, organizations can no longer
afford to spend too much time on long implementation cycles for CRM initiatives.
There are technologies and applications today in the form of a pre-packaged,
integrated suite from one vendor that can help an enterprise move toward
integrating and coordinating their business functions, infrastructure,
interaction channels and even external companies such as suppliers or
distributors. This option provides a very high degree of integration to ensure
consistent and easy access to customer data and a unified view of the customer
across the company.
An integrated CRM component within a complete e-business suite–built on a
single technology stack and designed to function together seamlessly addresses
all of the issues that come along with coping with disparate systems. Businesses
also enjoy lower integration, maintenance and upgrade costs. With critical
resources freed up, businesses can focus on the most important thing–meeting
and managing their customers’ needs well.
Lisa Arthur is a vice-president at Oracle Corp