CMO's admit they are not listening to customers effectively
Many of you will have heard or read about the new report released by the CMO Council that describes the current role of the voice of the customer in marketing decision-making based on a survey of 480 executives. It is a dismal state of affairs given the sputtering we hear about the importance of customer service.
Reports have already been published in major industry publications such as AdAge and AdWeek, as well as blogs too numerous to mention.
Some key findings include;
- Nearly two-thirds of companies do not have a formal Voice of Customer program in place.
- Only 31 percent highly rate their organization’s commitment to customer listening.
- Only 13 percent of companies have deployed real-time systems to collect, analyze and distribute customer feedback.
- While 74 percent say they receive customer feedback via e-mail, only 23 percent say they track and measure the volume and nature of these messages
- Only 12 percent are using a word-of-mouth marketing platform to drive online customer advocacy.
- 58 percent of them believe the Internet and social media have changed the level of influence and expectations of their customers, but only 14.5 percent track word of mouth on the Internet and only 16 percent regularly monitor online message boards for complaints and feedback
- 37 percent said they gather insights from customer engagement situations
- 56 percent said they have no programs tracking or propagating positive word of mouth among customers
- Only 33 percent of the respondents think their companies are very good at resolving complaints
- 58 percent said their companies do not compensate any employees or executives based on customer loyalty, satisfaction improvements or analytics
- Only 29 percent said their companies rate highly in their ability handle and resolve customer problems or complaints
I think you would agree that this is a dismal state of affairs. From all this data, two things stand out for me.
- What gets measured gets done: Unless people are being recognized and rewarded for an activity it will not get done.
- Empowerment: If improving the customer experience is not central to your value system and everyone isn’t empowered to effect change, then change will not happen.
At the end of the day, even though everyone seems to espouse the value of customer service, it still isn’t being effectively leveraged to create a point of difference for organizations. I believe those of us who focus on these two truths will win the day.
Check out the articles (and some of the comments) – they make good reading. You can download the Executive Summary here.

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