Monday, October 19th, 2009 by Andy Beal
Despite most firms indicating their involvement in customer intelligence efforts, the lack of sophistication of said efforts–and the siloing of the data–is holding back many businesses, according to a new report from Forrester.
The Intelligent Approach To Customer Intelligence report reveals more than 80% of companies say they use market research, direct marketing, and web analytics, as part of their customer intelligence. Yet, despite this, only 25% of companies have any idea just how beneficial that data is to their business. Forrester submits that there are three levels of sophistication–when it comes to customer intelligence–and most organizations are barely scratching the surface:

So what gets your firm from one siloing to sharing? Apparently, it’s the people you hire. Marketing "technologists", "scientists", "practitioners" and "customer strategists" are all job functions of the future–all reporting into a CMO that places a high priority on customer intelligence.
You can purchase the full report here.
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PS3 Says:
October 19th, 2009 at 6:14 pm
I can see how they fall into that trap. On a personal level I keep putting more analysis onto the top of my to do list but it never gets done. If it did, I would probably see more conversions.
Twitter chatter link for November 09 — MPThree Consulting Inc. Says:
November 10th, 2009 at 11:10 am
[...] Report: Most Companies are Dumb When it Comes to Customer Intelligence Do you know how mature your customer intelligence is? Great article to see if piling more analytical tools on is the wisest decision. [...]