Customer Relationship Management & PSB
Greg Lowe from YLE, a man from Ohio living in Finland on CRM. (We had an interesting chat about the weather as a source of the Fins' melancholic manner in the coffee break.) Anyway...
How you define your audience dictates how you handle them. Almost every media company wants people to participate - audiences are almost overburdened with calls to take part. What we consider participation is actually kind of weak, eg: sending in an sms. To what extent are we providing people that we want to serve with opportunities to collaborate in the design of what we do, not just the content?
Foundation principle in CRM: as customers, audiences are not equal. Some are more valuable than others. An interesting point when you think about. As PSBs we do tend to try to serve everyone all of the time. And we fail (no time, no resources, no expertise). So we must make strategic decisions about what we do and who we do it for. People want to be treated differently, they want to be treated as individuals.
So decide: what are you going to offer, and at what level of service? Eg: if you're a platinum member of an airline you'll be treated differently to jo public.
Priorities should be established by company strategy but instead it's often defined by technological limitations, or the new big thing we want to try out.
Relationship planning is about customer aquisition, retention and development. Aquisition costs 5-10 more than retention and twice as much as development. So you have to target your aquisition work very carefully. You won't see growth without work on retention - and considering the cost ratios it's vital to work in this area.
Interesting point about companies' tendencies to segment audiences by age. Surely audiences have now become so diverse in terms of activity and experience that we would do better to segment by interest.
"Interaction drives success". it's about building a dialogue - learning from our audience, listening to them and acting on it in an ongoing cumulative conversation. And our dialogue can't only be about media, it should be about how what we do fits into life.
Some big questions there about how much we really listen to our audiences. We ask for a lot of interraction, what's the experience like for them? What do they get back from us? Again, resources become a big issue here. Are the conversations we start truly two-way, and if not, should we really be asking them to participate in them? Put differently, do you ask bits of your audience to participate more rather than blanket requests? And if so, how? It goes back to the analogy I trot out regularly around levels of engagement in Big Brother - you can vote online, text in, call in, visit the website, watch streamed content, contribute to forums... or just watch the TV show. Each level of interraction should generate a different, and appropriate, response from the broadcaster. Hmm.
