For Customer Intelligence Professionals (Length: 17 pages)

October 16, 2009

The Intelligent Approach To Customer Intelligence

A Framework For Turning Customer Data Into Smart Business Strategy

by Dave Frankland

with Carlton A. Doty, Suresh Vittal, Zach Hofer-Shall, Emily Murphy


Executive Summary (This is a document excerpt)

Marketers who measure the impact of their Customer Intelligence (CI) say that it not only boosts campaign-specific metrics but also improves customer acquisition, retention, and satisfaction, as well as revenue, profitability, and customer value. Yet, the majority of firms still struggle to fully understand their customers and leverage their customer data as a strategic asset. Forrester identifies three levels of Customer Intelligence maturity, and at the highest level, the Customer Intelligence function has evolved into a strategic weapon. As firms evolve through the levels of maturity, we expect the next-generation CMO to come from the Customer Intelligence discipline. Today, Customer Intelligence executives enable organizations to successfully manage relationships with highly empowered customers who have a dwindling tolerance for marketing. Tomorrow, they will create Customer Intelligence command centers to drive corporate strategy and create competitive advantage.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemMarketers Struggle To Understand Their Customers

itemAdvanced Firms Use Customer Intelligence For Competitive Advantage

itemThe Building Blocks Of A Customer Intelligence Command Center

WHAT IT MEANS

itemThe Next-Generation CMO Will Come From Customer Intelligence

How Forrester Can Help

itemUse The "Building Blocks" As A Road Map To Success

itemSupplemental Material

This research is the culmination of nine months of research. Forrester interviewed hundreds of Customer Intelligence professionals during Q1, Q2, and Q3 of 2009, and we surveyed 301 Customer Intelligence professionals in Q2 2009.

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itemCreating A Multichannel View Of Your Customer

June 19, 2008

itemBest Practices: Socializing The Customer Database

July 23, 2007

itemOrganizing For Customer-Centric Marketing

July 7, 2005

itemLeft Brain Marketing

April 6, 2004

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Analyst: Dave Frankland
Technology: Customer Experience, Design & Usability Processes, Direct Marketing, Marketing & Advertising, Marketing Automation, Marketing Measurement, Marketing Organization & Culture
Geography: Global

Archived Teleconference:
Customer Intelligence: Marketing's Next Strategic Imperative
Original air date: Friday, November 06, 2009
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