The interactive forces of the Internet--including social networking sites, online discussion boards, and blogs--are arming consumers with tools that can quickly and exponentially spread the word to other would-be customers if a product stinks or a company blunders.
Think having a killer interactive Web site is enough? FedEx knows its Internet business must be much more than FedEx.com. It's looking for more ways to have its services available online right where a customer might want them--on an e-commerce site, inside an enterprise software app, in an Outlook e-mail box, or even in a Second Life virtual room.
"The model is changing," says FedEx CIO Rob Carter. "Services are showing up when they're needed."
There's plenty of peril in embracing this customer-driven Web economy. Companies that badger customers with online surveys or Web forum invites are sure to get tuned out, and many people won't even try to distinguish legit outreach e-mail from phishing spam.
Online forums can serve up valuable, candid customer insights, as Schwab has found, but they can also crater. Unica, a marketing management software company, spent months trying to build an audience around a blog for high-level marketing issues, only to decide its people's time would be spent at in-person events and other direct customer engagements. And everyone learned the lesson from Whole Foods CEO John Mackey's making anonymous blog comments running down competitors--right?
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But it's not enough for a company to just monitor its image on the Web. Companies such as Charles Schwab and OnStar are creating Internet platforms to literally read the minds of consumers, seeking out insights that directly drive their new product strategies. EBay uses analytic tools to measure customers' Web behavior with greater precision than ever, using the findings to decide which features can be measured in more shopping and higher sales, and which just add to information overload.
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Focus on new connections to would-be customers, says Carter![]()
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Harness The Web
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