Why Don't Banks Make More Use Of Their ATMs?

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Benjamin Ensor

One of the things that continues to surprise me about many banks’ multi-channel strategies is how little most banks have integrated their ATMs into those strategies. Cash machines are by far the most commonly used banking channel. According to Forrester’s Consumer Technographics data, 74% of adults in Western Europe use a cash machine at least once a month, far more than use either branches or online banking that often.

Despite the introduction of Windows-based operating systems and colour screens, most banks aren’t doing much to engage customers on this most-frequent touchpoint. Most do little more than promote the product of the month to all comers. Only a few leaders, like Singapore’s OCBC Bank and Spain’s La Caixa, have integrated ATMs into their CRM systems, which lets them do clever things like remembering customer’s normal withdrawal amount, wishing customers a happy birthday and making products offer that are relevant to that particular customer.

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What Every Exec Needs To Know About The Future of eCommerce Technology

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Brian Walker

We are in a highly transformative time as changing customer expectations, commerce capabilities, and technology continue to evolve rapidly. Initiatives that just a few short years ago would have seemed a long way off — such as mobile commerce, app stores, multichannel order management, or embedding shopping on Facebook — are now squarely on the priority list of eCommerce business and technology leaders. And as consumer expectations, client needs, and the competitive environment continue to evolve, pressure on executives to make the right choices in technology and operational capabilities continues to mount. With this research, we highlight what every exec should know as they navigate these choices and position their company to succeed and fully capitalize on the transformation technology is enabling across their business.

As we have talked to many executives across many verticals consistent questions emerge on how to work ahead of these changes and stay ahead of the curve. The report we just published today looks to address these questions, based on many conversations across the vendor and client community and across verticals.

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Web Analytics Will Emerge As A Cornerstone Of Customer Intelligence

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Joseph Stanhope

Last week I hit a major personal milestone.  My first report as a Forrester analyst went live!

As thrilling as this is for me, I hope it will be even more exciting for Customer Intelligence professionals.

The report is titled How Web Analytics will Emerge As A Cornerstone of Customer Intelligence, and is based on the premise that the web is the common demoninator for customer experiences and that this information can be harnessed and subsequently applied throughout the enteprise. This report outlines the future trajectory of Web analytics technology and gives CI professionals pragmatic advice about how to use that technology as a foundational component for customer intelligence that fuels multichannel marketing effectiveness.

Marketers today have a dizzying array of online and offline touchpoints at their disposal, but without a doubt all roads lead through the Web. For most organizations, Web sites, microsites, landing pages, communities, and other interactive properties are mission-critical for acquiring, retaining, and nurturing customers and other target audiences. By definition this reality makes the Web one of the most crucial sources of insight for Customer Intelligence (CI) professionals. To put that insight into action, firms must leverage Web analytics beyond isolated Web site marketing and operations to feed analysis, decision support, and execution for the entire marketing function.

I believe that Web analytics will extend beyond the Web site in two phases. 

First - Web analytics platforms will cement their position as the nucleus of online measurement by continuing their current diversification efforts to extend beyond core Web analytics capabilities.

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Platform Support for m-Commerce Continues To Build Momentum

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Brian Walker

With Roy Rubin’s tweet today, we have one more example of an eCommerce platform working to make mobile commerce (mCommerce) an easy next step for their clients. The list continues to grow and includes platform providers such as ATG, IBM Websphere Commerce, Fry, Marketlive, Demandware, Escalate Retail, hybris, Intershop, and now Magento. In some cases this is being done natively within the application via the mobile web leveraging browser detection and CSS, in some cases through partnerships with third parties, and in some cases through services which enable mobile applications. Many other platform solution providers I have a chance to work with are not far behind, and are working hard on this. (Some of whom I am bound to hear from as soon as I hit “publish” with this post). But a key question is:


What are some key things to look for when evaluating this piece of the commerce solution portfolio?

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Seniors are a unique segment for online customer service

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Diane Clarkson

Using consumer data to challenge assumptions about how consumer segments will respond to various online customer service touch points is always interesting to me.

I’ve recently had an opportunity to the seniors (age 65+) and online customer service and found some interesting characteristics of the segment:

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The Top 10 Financial Services Web Site Best Practices Of 2009

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Brad  Strothkamp

More than any other question I get as an analyst is what are the best practices today in financial services. With that question in mind, every year I host a webinar to showcase best practices I have captured in the previous year.

Please join me again this year my webinar on this important subject. During this webinar I will share some recent Technographic survey data along with Web site best practices from accross financial services.

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Progressive Insurance Exudes Innovation In Web Sales

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Brad  Strothkamp

Brad_strothkamp [Posted by Brad Strothkamp}

I spend much of my day viewing, using and evaluating financial service Web sites. Often I am underwhelmed (especially by the big guys) on what is done online, but every once in a while I run across something that is truly innovative. That happened for me a few weeks ago when getting a rate quote on Progressive Insurance's Web site.

The quote process starts off as most financial service applications do by asking for some basic information - in my case name, address and date of birth. But the similarities with other processes ends right there...

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