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DM Business Integration
Rodney L. Joffe Chairman American Computer Group CenterGate Research Group, LLC
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It is easier to keep an old customer
A business ‘truism’ It is easier to keep an old customer than to get a new one.
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“Stickiness”
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Consumer transactions:
Impulsive Lower $ value
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The Killer App: Portals
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Search engines Free services Stock Quotes News Weather reports Calendars etc. etc.
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Yahoo Lycos SNAP c|net Geocities
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Portals are not just about advertising and ad banners.
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Traditional web sites are moving towards a portal model to retain ‘viewers’.
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www.cars.com Traditional web site
Links buyers and sellers of used cars Chat rooms Automotive news Road tests of new cars
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Syndicated services: News Weather Sports www.iSyndicate.com
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Transition Amazon.com Barnes & Noble PeopleSoft
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Business-to-Business
Similar techniques, but higher $ value Significant effort into customer retention.
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Business-to-Business
Not an impulse buy Information Support Order
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“There is no data connection between customers and vendors”
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Enterprise Resource Planning.
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No data ever gets entered more than once during it’s life…
and There is only one system, spread across all of the companies in the commercial process.
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BAAN SAP ORACLE
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Bind your customer to you.
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Downloadable order forms
Downloadable or electronic invoice and statement Shipping URL
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Create a secure interactive website that is linked to your existing business processes...
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Accounts receivable Production status Payment via eft. Order entry Configurator
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List industry Online counts -> Online orders -> Download ->
Bill
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Service Bureau Counts Order entry Delivery Billing
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Ask your vendors to do the same for you!
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Consumer Integration examples
GapKids--- gift reminder profile management features newsletters BlueFly --- Make your own catalog
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“There are only 2 ways to create a sustainable competitive advantage:
By increasing value, or decreasing costs.” Fred Gluck, Past Managing Director, McKinsey and Company.
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Access to account Keep in the loop like employees Integrate workflow with yours Tools to make dealing with you easy Use technology
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DM Business Integration
Rodney L. Joffe Chairman American Computer Group CenterGate Research Group, LLC
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