
"The age of mass marketing is over, killed off by the immense power
of technology which allows companies, in theory at least, to talk to
their customers as individuals or as McKean puts it "segments
of one". It means that any company worth its salt these days
aspires to have the same sort of informed relationship with its
clientele that a corner grocer would have done a century ago. They
want to know how the baby is doing, how your health is or whether
your husband has just got a pay rise, because each scrap of
information provides a valuable selling opportunity. This
information is gathered principally through customer loyalty schemes
and other forms of "data capture" which generate vast
amount of information and enable companies to target their customers
with relevant offers. Yet according to John McKean, Executive
Director of the Centere For Information Based Competition, less than
five per cent of companies achieve the full potential of their
customer relationship initiatives. The trouble is that firms are
investing in massive customer databases and networks without
investing in the other elements needed to make them effective,
argues McKean. "Most firms believe that the majority of drivers
of information competency are technological, while the reality is
that the drivers are of a non-technological nature which will make
it effective," he says. This important book shows exactly how
companies can engage every part of their organisation, from human
resources to organisational structure in order to succeed. Firms
that do succeed in becoming Information Masters gain such
competitive edge that they are able to attack their rivals and their
rivals don't even know it's happening. This isn't an easy book. It's
not even an especially pleasurable read. But anyone interested in
marketing, data, information or just the bottom line will find its
insights utterly riveting and very surprising." -- Alex Benady,
AMAZON
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