A common buzzword, but what's involved in practice?
I recall that years ago, customers and prospects were often categorised in a simpler way than today. For example, they were simply assigned as a 'warm/hot prospect’ due to a recent contact or purchase, ranked by a geo-demographic coding to living in a particular postcode, or simply having an affiliation to the product.
Today (and for some time) we talk about the 360 degree customer view, but what does this mean in practice? We like the infographic since it suggests what we should aim for, it showcases resources, technology and data.
As we all know, it’s more sophisticated and can be more complicated but worth the effort. Companies have access to new technology, sophisticated systems which can integrate data and access to more customer insight through ‘big data’. It’s focusing on the customer experience and realizing…