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Walmart Takes Contextual, Pragmatic Approach To Mobile

Posted by Julie Ask on May 22, 2013

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Walmart's Global Head of Mobile, Gibu Thomas just got off stage here at CTIA in Las Vegas. He offered an overview of Walmart's approach to mobile which based on our research is dead on. It's solid. (I dropped in a partial/paraphrased transcript below - read the details if you'd like, but summary/analysis up top here. At times I felt like he was following our research stream b/c the language was so similar - he even quoted James McQuivey from 1999 "When consumers adopt new technologies, they do old things in new ways. When they internalize technology, they begin to do new things." 

(And I'll sound like a bit of a broken record here as I've said so much of this before. Difference now is retailers like Walmart are implementing and talking about the results). 

- Mobile opportunity ($) > eCommerce opportunity. The opportunity in mobile is not primarily mCommerce - a number Sucharita Mulpuru and Forrester Research put at 8% of eCommerce sales in 2016. In 2016, eCommerce will be about 10% of retail sales. The mobile-influenced number at more than $700B (forecast) in the US makes mobile-influenced sales the bigger number. The opportunity in mobile is a combination of a) influencing sales ($$$) and b) giving consumers the ability to buy anywhere/anytime ($). You can't just shrink/squeeze and experience onto a small device - this is too mini-eCommerce centric and misses the bigger opportunity. 

- Consumers who use mobile devices are more engaged and spend more. Ok - there is a big of a chicken or egg here. Do more loyal, frequent shoppers download your app? or do consumers become more loyal once they download your app? The answer is both. At Walmart, mobile app users spend 40% more each month and make 2 more trips/month. Our highly engaged spend 77% more each month and make 4 more trips per month than the non-mobile use.

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Segmenting Your Workforce Will Actually Drive Innovation

Posted by JP Gownder on May 22, 2013

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It’s (long past) time to put the era of One Size Fits All enterprise computing behind us. Providing workers with Standard Issue™ devices and software represents an antiquated paradigm. Instead, segmenting your workforce into different classes of workers – honoring the needs of each type of worker – can help you:

  • Save money. Overinvesting in computing power by giving a worker “too much machine” and over-investing in software licenses for applications that won’t be used are common implications of One Size Fits All enterprise computing. You can save money by provisioning appropriate hardware and software to various classes of workers.
  • Preempt BYO. While IT departments are coming around to the virtues and values of BYO, managing excessively diverse BYO comes with management costs. You can preempt some types of BYO by providing the right tool to the right worker at the right time… obviating the need for them to bring their own.
  • Drive worker productivity and innovation. Innovations like tablets and Chromebooks can empower certain classes of workers to achieve new levels of productivity. Providing the right worker – for example, a traveling salesperson – with a tablet can enable new scenarios and create tangible returns.
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Categories:

  • Forrsights
  • Gownder
  • Innovation
  • segmenting the workforce
  • tablets
  • workforce computing

Don't Confuse Tablet And Mobile Marketing

Posted by Thomas Husson on May 22, 2013

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Too many marketing leaders still lump tablets and smartphones in the same mobile bucket. That’s a mistake. Why? Because tablets are not primarily mobile devices. Instead, they are mostly used within the home. Marketing leaders must create a differentiated tablet experience or risk dissatisfying their best customers and missing opportunities to engage when customers discover and explore their products.

Here are the key takeaways from a new research I conducted in the past few months:

  • Tablet Marketing Matters. Tablet marketing enables marketers to engage with influential customers who spend less time on PCs and print media. People use tablets differently than they use smartphones, requiring marketers to adapt their approach.
  • Marketers Should Use Tablets To Enhance Discovery And Depth In The Digital Home. Marketers will see the benefits of designing immersive tablet experiences for people discovering and researching their brands and products. Search marketing to drive better conversion rates and tablet commerce. They should maximize TV ads by creating tablet extensions for multitaskers as well as creating new marketing experiences in the digital home.
  • Shift To Contextual Marketing. Most of us have only had mobile phones for, at most, twelve years. I have already explained here why we’re all mobile teens, figuring out our relationships with others and with brands. Unsurprisingly, marketers face challenges integrating mobile and tablet in the mix. It’s time to stop thinking about devices and, instead, shift to contextual marketing.
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Categories:

  • Mobile marketing
  • Mobile strategy
  • contextual marketing
  • iPad
  • iPhone
  • tablet marketing

Embrace Workplace And Workspace Diversity Now

Posted by Jennifer Belissent, Ph.D. on May 22, 2013

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As I sit at my kitchen table enjoying the quiet of my house before my kids come home, I know that I will move to my office and shut the door once that tranquility is shattered by their arrival. Then later this evening, once the house is again quiet with the monsters nestled in their beds, I might just take a few calls propped up on pillows in my bed. Yes, I do that regularly. Heck, they call it a laptop, right?  This is the "home" scenario.  On the road, workplaces and spaces vary even more. I really work best from a hotel room, or the hotel bar if I have a good headset on.  None of this is new for me; I have played the role of an itinerant worker for years. But for a long time my employers continued to put my name on a door or cubicle. For me, that has now changed. No more nameplate for me.  Employers are increasingly waking up to the fact that many employees (or "information workers," ugh... hate the term) just don't need or even want a fixed office or space. And, likely more importantly, the employers don't want that either. An empty office is an under-optimized asset. Both demand-side and supply-side forces converge to drive workplace and space diversity.

We hear a lot about empowered employees these days, and the changing nature of work and the workforce. Forrester's Workforce Employee Surveys investigate trends among information workers such as device usage,collaboration practices, workplace preferences and attitudes about their employers.  And, the signs are clearly indicating that the demand for workplace diversity and choice is on the rise:

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Categories:

  • cowork
  • workforce
  • workplace
  • workspace

VMware Targets I&O Buyers With Hybrid Cloud Service

Posted by Dave Bartoletti on May 21, 2013

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VMware pulled back the curtain on its vCloud Hybrid Service today. The concept of a hybrid cloud isn't new, but there are as many definitions of it as there are for cloud itself. Indeed, the beauty of cloud really is in the eye of the beholder, and it's important to align beauty with its beholders. Forrester defines hybrid cloud as a cloud service connected to any other corporate resource. That means most enterprises are hybrid today - if you have at least one SaaS app connected to anything in your data center, you're hybrid.

Today, VMware set out its definition of hybrid: An extension of the virtualized corporate data center. The beholders here are the infrastructure and operations (I&O) teams who've spent years virtualizing and optimizing a range of corporate apps. These pros haven't been the main drivers of public cloud in the enterprise so far; business-unit-aligned developers have. And the tension between the two is growing. Developers want to build faster, deploy quickly, and forget about infrastructure management, so they start with public cloud: cheap, fast, and easy. But I&O teams want to drive more value and efficiency from existing infrastructure by selectively moving apps (or the scalable parts of apps) off premises to take advantage of cloud’s elasticity and pay-per-use economics. They look at cloud as an extension of the corporate data center, and the vCloud Hybrid Service is designed for them first. Both perspectives make sense and both approaches to cloud can drive value.

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Make no mistake - IBM’s Watson (and others) provide the *illusion* of cognitive computing

Posted by John Brand on May 21, 2013

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IBM has just announced that one of Australia’s “big four” banks, the ANZ, will adopt the IBM Watson technology in their wealth management division for customer service and engagement. Australia has always been an early adopter of new technologies but I’d also like to think that we’re a little smarter and savvier than your average geek back in high school in 1982.

IBM’s Watson announcement is significant, not necessarily because of the sophistication of the Watson technology, but because of IBM's ability to successfully market the Watson concept.   

To take us all back a little, the term ‘cognitive computing’ emerged in response to the failings of what was once termed ‘artificial intelligence’. Though the underlying concepts have been around for 50 years or more, AI remains a niche and specialist market with limited applications and a significant trail of failed or aborted projects. That’s not to say that we haven’t seen some sophisticated algorithmic based systems evolve. There’s already a good portfolio of large scale, deep analytic systems developed in the areas of fraud, risk, forensics, medicine, physics and more.

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Marketing Innovation Culture Assessment Survey

Posted by Bert Dumars on May 21, 2013

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My first report on marketing innovation cultures published last week. It includes four case studies from Nestlé, Chick-fil-A, Skinnygirl Cocktails, and 7-Eleven. The report also introduces four categories of marketing innovation cultures: risk-averse, pragmatic, experimenter, and customer-obsessed. 

The follow-on report will focus on how to assess your organization’s current marketing innovation culture and what it takes to migrate from where you are today to where you want to be tomorrow. Whether you have a risk-averse, pragmatic, experimenter, or customer-obsessed marketing innovation culture, your insights are critical to this research. 

I have developed a short (5 to 10 minute), anonymous survey on assessing your marketing innovation culture. The more responses I receive, the more insightful and valuable the report will be for you. Everyone who takes the survey will receive a summary of the results if they choose to provide their email address at the end of the survey (optional).

Please take the survey today, and forward it to any of your colleagues or peers you feel could add insight into this topic.

Categories:

  • B2C marketing
  • Brand marketing
  • Marketing innovation

How To Calculate The ROI Of CRM

Posted by William Band on May 21, 2013

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My clients ask for help quantifying the financial impacts of implementing a CRM technology solution. CRM initiatives must not only be technically sound but must answer the question “What will we get for our money?”

In my new report, Quantify The Business Value of CRM, I provide an overview of Forrester’s Total Economic Impact (TEI) methodology and how to use it calculate whether the benefits to be derived from investing in a CRM solution will be greater than the costs.

The first step is to estimate how investing in a CRM solution will help grow revenues, cut operating costs, and boost IT efficiencies:

  • Power up the revenue engine. You need to define the objectives associated with increasing revenue. Can you capture more of our current customers' spending on your product category (capturing larger wallet share)? Can you improve your product mix value by encouraging more sales of higher-margin products? Can you improve price realization by better matching discounting policies to the appropriate customer groups? Will your CRM initiative help you increase the average length of our customer relationships by reducing irritants that cause attrition? Will you be able to attract profitable new customers?
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Categories:

  • CRM; customer service; BPM; SCRM; CRM deployment; customer experience; CX; TEI

Xbox One Wins The Launch Wars Hands Down

Posted by James McQuivey on May 21, 2013

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Folks, this one is going to be short because it's the easiest case I've ever made. Microsoft wins the next-gen game console launch wars by launching something that the company doesn't even call a console. Where Nintendo offered us a tablet to accompany the millions we had already bought and Sony then offered us a box that we couldn't even see, Microsoft has trumped them both by delivering the Xbox One. Let's tally up the points:

  • The name. Wii U means something, I'm sure, to someone. PS4 means "we like the past and want to extend it." Xbox One takes a bolder and more important stand by saying, "It's time to reboot the whole category." This is beautifully illustrated in the way that the Xbox presenters never referred to Xbox One as a game console. It is an All In One Home Entertainment System.
  • The reveal. PS4 famously flopped its launch by hiding the console entirely. That would have been fine last generation, maybe. But this generation comes in the post-Steve Jobs era where the device and its price are shown. Microsoft debuted the box, the new Kinect, and the new controller in the first 60 seconds of the event.
  • The scope. Wii U and PS4 both promise to provide access to video and other interesting media experiences. Xbox One actually delivers those things in the most satisfying and complete way anyone other than TiVo has done so far, letting you switch from gaming to TV to movies to web browsing with simple voice commands and practically no waiting.
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Categories:

  • Kinect
  • Microsoft
  • Xbox
  • gaming

Workforce Experience and Customer Experience: Two Sides Of The Same Coin

Posted by Simon Yates on May 21, 2013

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In case you haven’t noticed, the world of work is changing – people are more mobile, teams are more virtual, organizational structures are more fluid, work hours are more flexible, and offices have more ping-pong tables, latte machines and bring-your-dog to work days. In exchange for the more casual and flexible approach to when, where and how we do our jobs, we put in more hours whether they are accounted for or not. We write emails at the dinner table, work on weekends, travel more, and maybe accept lower pay and reduced benefits in exchange for a better work/life balance. Despite the tradeoffs, it seems to work for everyone. We get the flexibility we need and our employers get workers who are more engaged , more productive and better able to create and deliver meaningful value to customers. Over the last year or so, TJ Keitt and I havebeen leading research into workforce experience and IT's role in supporting a changing work environment and how to measure workforce experience.  

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Categories:

  • Workforce Experience
  • customer experience design
  • employee engagement
  • workplace
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