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Wasteful sloppy infrastructure not only costs your
business in added expenses, but also in lost
customers. Failure to effectively share information
across business units could result in the loss of
existing customers and the missed opportunity of
converting new prospects.
Failing to have a centralized infrastructure for
customer information can result in a break down in
the sharing of information between business units.
Having a centralized repository for information
allows units to have access to the same timely
information. It eliminates the need to design an
infrastructure to maintain and update information
across multiple repositories.
Centralized information may open up new
opportunities to business units. Information
gathered by another business unit may help open new
marketing opportunities not conceivable with a
decentralized information system. If only a portion
of the information gathered is pushed from unit’s
system to another, data values and fields may not be
pushed that may hold value to another unit. By
centralizing, all units may be granted access to all
the available data. This could open new marketing
opportunities by exploring information gathered by
other units.
For example, business unit A tracks the needs of its
customer for widgets. They have come to find that
90% of their customers also need wedges. By tracking
who interacts with their site and collecting data on
their needs, unit A can share their information with
unit B which produces wedges. By closely tracking
customer viewing habits and usage of the widgets,
they can share the wedge needs with unit B so they
can market directly to the customer and retain their
business for both widgets and wedges.
This information can be gathered by any unit using
any number of methods. For example, product
registrations are a great opportunity to gather
demographic information about your customers. The
more you learn about your customers from one
successful transaction, the better your company can
service them in future transactions and retain their
business. |