#Voice-to-CDP processing
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newsjet · 9 hours ago
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Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement
New AI-driven features include Real-Time Predictive Scoring, Entity-Level Identity Resolution, Voice-to-CDP processing, and Model Context Protocol compliance Lemnisk, a leading enterprise Customer Data Platform (CDP) and marketing technology company, today introduced a suite of AI innovations that mark a significant leap forward in real-time, personalized customer engagement. Trusted for its…
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brocoffeeengineer · 9 days ago
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Why Great Experiences Beat Great Campaigns
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In 2025, marketing isn’t just about compelling ad copy or eye-catching design—it’s about how your customer feels when they engage with your brand. The battleground has shifted from flashy campaigns to meaningful experiences. Customer experience (CX) is no longer a “nice-to-have” add-on—it’s the core of competitive marketing strategy.
Today’s consumers don’t just buy products or services; they buy experiences. Whether it's seamless checkout, lightning-fast customer support, or a personalized mobile journey, what happens between the “click” and the “thank you” defines brand loyalty more than ever.
The Shift: From Product to Experience
We’ve moved beyond the era where brands won market share solely through superior products or competitive pricing. Now, it’s about delivering frictionless, personalized, and emotionally engaging journeys at every touchpoint. Why? Because consumers are spoiled with choice and hyper-connected through social media and reviews. One bad experience can go viral—and one great one can build a loyal community.
According to a 2024 PwC study, 73% of customers say experience is a key factor in purchasing decisions, right behind price and product quality. Yet, only 49% of them feel that companies provide a good experience.
This gap is exactly where smart marketers are stepping in. They realize that CX is not just a job for customer support teams—it's a full-fledged marketing strategy.
Why CX Is Every Marketer’s Job Now
Your marketing team may create the first touchpoint, but what happens after that—how long a user waits for support, how personalized the recommendations are, how smooth the checkout process is—determines whether the customer comes back or vanishes for good.
Here’s how modern CX is reshaping marketing priorities:
Personalization: Customers expect brands to know them. AI-powered personalization tools now let marketers deliver targeted content, offers, and product suggestions based on behavior, not guesswork.
Omnichannel Consistency: Whether it’s Instagram, WhatsApp, your website, or an in-store visit, the experience needs to be seamless. This requires integrated data systems and unified brand messaging.
Responsiveness: Fast, helpful responses—especially via chatbots or live chat—can make or break the experience. A delayed reply can cost more than just one sale.
Feedback Loops: Brands that actively collect, analyze, and act on customer feedback build trust and loyalty faster.
Brands that deliver on these expectations win hearts, minds, and market share.
Real-World CX Wins
Several brands are leading the charge by transforming CX into a growth engine.
Zappos has long been famous for its customer-first culture. From no-questions-asked returns to 24/7 phone support, their commitment to delight has made them a legend in customer loyalty.
Spotify uses machine learning to create personalized playlists like “Discover Weekly” and “Release Radar,” keeping users coming back for experiences that feel custom-made.
Nykaa, a beauty platform in India, built its entire brand around personalized product suggestions, expert content, and easy customer navigation, leading to both increased engagement and conversions.
These are not isolated success stories. They're blueprints for how experience-first strategies are outpacing traditional marketing.
The Role of Technology in CX Evolution
CX and technology are now inseparable. Businesses are investing in CRM platforms, customer journey analytics, automation tools, and AI-driven personalization engines. It’s not just about being present on digital channels—it’s about mastering them.
Some of the top technologies shaping customer experience include:
AI Chatbots for 24/7 support
Voice Search Optimization
Predictive Analytics to anticipate needs
Augmented Reality (AR) for immersive shopping
Behavioral Email Automation
Companies are also increasingly using customer data platforms (CDPs) to stitch together user data from different sources, enabling more intelligent engagement.
As this trend picks up globally, learners are flocking to upgrade their skills through a Certification Courses for Digital Marketing in Thane that covers not just channels but the CX tactics behind them. These courses focus on user journey mapping, automation strategies, and data analytics—core tools of any experience-driven marketer.
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What Happens When You Ignore CX?
If you're still spending more on ads than on customer experience, you're fighting a losing battle. Here's what neglecting CX can cost you:
Lost customers: 1 in 3 consumers say they would walk away from a brand they love after just one bad experience (according to PwC).
Poor word-of-mouth: Dissatisfied customers are more vocal—and more influential—than ever.
Lower lifetime value: It costs five times more to acquire a new customer than to retain an existing one. CX is the retention tool.
In fact, customer experience is now being used as a key performance metric for marketing ROI, alongside metrics like CAC (Customer Acquisition Cost) and LTV (Lifetime Value).
What’s Driving This Shift?
Several global and local factors have made CX the centerpiece of modern marketing:
Post-pandemic digital acceleration: Consumers got used to digital speed and convenience during lockdowns—and they’re not willing to go back.
Increased competition: With every niche saturated, how you serve customers has become the only real differentiator.
Voice of the Customer (VoC) platforms are empowering businesses to act in real-time, leading to dynamic marketing shifts.
Social media pressure: A single tweet or review can shape public perception. CX is now everyone’s business.
This shift has created significant demand for professionals trained in experience-centric marketing strategies. And in rapidly digitizing markets, this demand is being felt even more acutely.
For instance, in local regions where brands are increasingly embracing customer-centric models—especially in service-oriented sectors like retail, healthcare, and education—professionals are seeking upskilling through a Digital Marketing Course Thane to understand the nuances of CX optimization, omnichannel experience design, and feedback management systems. These learners recognize that traditional marketing is incomplete without CX fluency.
Conclusion
Customer experience is not a trend—it’s a transformation. In a landscape where attention spans are short and options are endless, creating memorable, seamless, and human experiences is the new way to win customers for life.
Marketers who understand the emotional and technical layers of CX are now leading the charge. They’re not just promoting brands; they’re shaping them from the inside out—across every customer touchpoint.
As this focus grows deeper in emerging urban regions, professionals are fast recognizing the need to build cross-functional marketing skills. That's why many are opting for structured learning through programs like a Digital Marketing Course, which blend customer psychology, technology, analytics, and content to create holistic marketing experts equipped for the new battlefront.
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digitalmarketing-026 · 14 days ago
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How AI Personalization Transforms Customer Journeys in 2025
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How 2025 Will Witness AI Personalization Revamp Customer Experiences
Artificial intelligence (AI) continues to revolutionize the digital marketing industry in 2025. Led by artificial intelligence customization, wherein consumer experiences are tailored with unprecedented precision, is driving this change. AI customization is transforming customer experiences and business in order to remain abreast of the speed of the digital world, even in urban centers such as Prayagraj, through hyper-relevant content, products, and services. In addition, the most effective digital marketing training institute in Allahabad is crucial to train professionals for utilizing these in an appropriate manner under the development of artificial intelligence.
1. AI Customization Overview
AI personalization develops individualized and effective consumer experiences through machine learning and real-time information. The best digital marketing agency in Allahabad has become more significant because of their ability to arm professionals with what it takes to perform AI techniques at their best.
Prayagraj digital marketing agencies are able to make highly relevant product and service recommendations, making the overall buying experience much better.
2. Key Advantages of AI Personalization
Enhance Customer Interaction: Dynamic content and tailored recommendations keep users hooked and returning for more. This is best illustrated by such services as Netflix, which offer show recommendations as a user preference feature. Professionals who have graduated from an Allahabad digital marketing school and possess the abilities needed to develop personalized experiences that have the same effect.
Higher Conversion Rates: Bounce rates decrease and purchases are maximized through specialized marketing campaigns offering content that is appropriately geared for every user's interests.
Efficiency of Operations: Artificial intelligence automated marketing processes maximize marketing processes to the fullest, thus saving time and lowering costs while guaranteeing robust personalizing criteria.
3. Current artificial intelligence trends personalizing 2025
Conversational artificial intelligence and conversation: The expansion of voice-command device usage has focused artificial intelligence personalization on conversational interfaces and voice search. Such kinds of tools allow companies to build seamless, hands-free experiences. Voice and conversational artificial intelligence are points of study in digital marketing course in Allahabad and allow human beings to solve industrial demands
Combining artificial intelligence (AI) with virtual reality (VR) and additive reality (AR) provides customers immersive shopping experiences in which they can even try products virtually or imagine items in their living room prior to purchasing them. Digital marketing course in Prayagraj also depend on such technologies because they empower future graduates.
Very Personalized Email Campaigns: AI employs customer lifecycle information to create context-driven, timely emails that significantly enhance click-through and open rates.
Customer Data Platforms (CDPs): CDPs give the entire span of a customer's engagement by integrating information from different sources. CDPs allow brands to hone and adjust their customization strategies.
4. Problems with AI Personalisation Implementation
Privacy concerns of data: Since laws such as CCPA and GDPR keep evolving, businesses, even the best digital marketing agency in Prayagraj, must ensure consumer data is managed nicely and in sync.
Challenges in Integrating: AI integration in already existing infrastructure may be a gigantic human as well as financial effort. Businesses must suitably assess the prospect of return on investment versus expense.
5. Effective Keywords for AI Customization
AI personalization methods
Customer journey mapping
via artificial intelligence client interactions
Personal voice search with hyper-relevant answers
Marketing via augmented reality
Predictive behavior analytics
Top Prayagraj digital marketing agency
Top Allahabad digital marketing training centre
6. The Future of AI Personalization
That the future of AI personalization will be decided by its ability to humanize digital experience through the confluence of technology and ethics and empathy is what makes it unique. The most successful brands will make strong connections, which will drive long-term growth. Apart from that, even more consumer insight will be offered through the intersection of AI and Internet of Things (IoT) devices that will allow proactive and natural customization. With other digital marketing agencies and solutions present in the region,the best digital marketing company in Prayagraj is leading the way through the application of the latest technology to offer superior results.
Conclusion
AI personalization is revolutionizing internet marketing. Companies that adopt AI tools and trends will thrive with the advancement of technology in the future years, delivering unmatched customer experiences in the year 2025 and beyond. The best digital marketing agency in Prayagraj can develop long-term relationships and flourish uninterruptedly in the current competitive market by focusing on customer-driven practices, advanced technology, and secure use of data.
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precallai · 2 months ago
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How AI Is Revolutionizing Contact Centers in 2025
As contact centers evolve from reactive customer service hubs to proactive experience engines, artificial intelligence (AI) has emerged as the cornerstone of this transformation. In 2025, modern contact center architectures are being redefined through AI-based technologies that streamline operations, enhance customer satisfaction, and drive measurable business outcomes.
This article takes a technical deep dive into the AI-powered components transforming contact centers—from natural language models and intelligent routing to real-time analytics and automation frameworks.
1. AI Architecture in Modern Contact Centers
At the core of today’s AI-based contact centers is a modular, cloud-native architecture. This typically consists of:
NLP and ASR engines (e.g., Google Dialogflow, AWS Lex, OpenAI Whisper)
Real-time data pipelines for event streaming (e.g., Apache Kafka, Amazon Kinesis)
Machine Learning Models for intent classification, sentiment analysis, and next-best-action
RPA (Robotic Process Automation) for back-office task automation
CDP/CRM Integration to access customer profiles and journey data
Omnichannel orchestration layer that ensures consistent CX across chat, voice, email, and social
These components are containerized (via Kubernetes) and deployed via CI/CD pipelines, enabling rapid iteration and scalability.
2. Conversational AI and Natural Language Understanding
The most visible face of AI in contact centers is the conversational interface—delivered via AI-powered voice bots and chatbots.
Key Technologies:
Automatic Speech Recognition (ASR): Converts spoken input to text in real time. Example: OpenAI Whisper, Deepgram, Google Cloud Speech-to-Text.
Natural Language Understanding (NLU): Determines intent and entities from user input. Typically fine-tuned BERT or LLaMA models power these layers.
Dialog Management: Manages context-aware conversations using finite state machines or transformer-based dialog engines.
Natural Language Generation (NLG): Generates dynamic responses based on context. GPT-based models (e.g., GPT-4) are increasingly embedded for open-ended interactions.
Architecture Snapshot:
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CopyEdit
Customer Input (Voice/Text)
       ↓
ASR Engine (if voice)
       ↓
NLU Engine → Intent Classification + Entity Recognition
       ↓
Dialog Manager → Context State
       ↓
NLG Engine → Response Generation
       ↓
Omnichannel Delivery Layer
These AI systems are often deployed on low-latency, edge-compute infrastructure to minimize delay and improve UX.
3. AI-Augmented Agent Assist
AI doesn’t only serve customers—it empowers human agents as well.
Features:
Real-Time Transcription: Streaming STT pipelines provide transcripts as the customer speaks.
Sentiment Analysis: Transformers and CNNs trained on customer service data flag negative sentiment or stress cues.
Contextual Suggestions: Based on historical data, ML models suggest actions or FAQ snippets.
Auto-Summarization: Post-call summaries are generated using abstractive summarization models (e.g., PEGASUS, BART).
Technical Workflow:
Voice input transcribed → parsed by NLP engine
Real-time context is compared with knowledge base (vector similarity via FAISS or Pinecone)
Agent UI receives predictive suggestions via API push
4. Intelligent Call Routing and Queuing
AI-based routing uses predictive analytics and reinforcement learning (RL) to dynamically assign incoming interactions.
Routing Criteria:
Customer intent + sentiment
Agent skill level and availability
Predicted handle time (via regression models)
Customer lifetime value (CLV)
Model Stack:
Intent Detection: Multi-label classifiers (e.g., fine-tuned RoBERTa)
Queue Prediction: Time-series forecasting (e.g., Prophet, LSTM)
RL-based Routing: Models trained via Q-learning or Proximal Policy Optimization (PPO) to optimize wait time vs. resolution rate
5. Knowledge Mining and Retrieval-Augmented Generation (RAG)
Large contact centers manage thousands of documents, SOPs, and product manuals. AI facilitates rapid knowledge access through:
Vector Embedding of documents (e.g., using OpenAI, Cohere, or Hugging Face models)
Retrieval-Augmented Generation (RAG): Combines dense retrieval with LLMs for grounded responses
Semantic Search: Replaces keyword-based search with intent-aware queries
This enables agents and bots to answer complex questions with dynamic, accurate information.
6. Customer Journey Analytics and Predictive Modeling
AI enables real-time customer journey mapping and predictive support.
Key ML Models:
Churn Prediction: Gradient Boosted Trees (XGBoost, LightGBM)
Propensity Modeling: Logistic regression and deep neural networks to predict upsell potential
Anomaly Detection: Autoencoders flag unusual user behavior or possible fraud
Streaming Frameworks:
Apache Kafka / Flink / Spark Streaming for ingesting and processing customer signals (page views, clicks, call events) in real time
These insights are visualized through BI dashboards or fed back into orchestration engines to trigger proactive interventions.
7. Automation & RPA Integration
Routine post-call processes like updating CRMs, issuing refunds, or sending emails are handled via AI + RPA integration.
Tools:
UiPath, Automation Anywhere, Microsoft Power Automate
Workflows triggered via APIs or event listeners (e.g., on call disposition)
AI models can determine intent, then trigger the appropriate bot to complete the action in backend systems (ERP, CRM, databases)
8. Security, Compliance, and Ethical AI
As AI handles more sensitive data, contact centers embed security at multiple levels:
Voice biometrics for authentication (e.g., Nuance, Pindrop)
PII Redaction via entity recognition models
Audit Trails of AI decisions for compliance (especially in finance/healthcare)
Bias Monitoring Pipelines to detect model drift or demographic skew
Data governance frameworks like ISO 27001, GDPR, and SOC 2 compliance are standard in enterprise AI deployments.
Final Thoughts
AI in 2025 has moved far beyond simple automation. It now orchestrates entire contact center ecosystems—powering conversational agents, augmenting human reps, automating back-office workflows, and delivering predictive intelligence in real time.
The technical stack is increasingly cloud-native, model-driven, and infused with real-time analytics. For engineering teams, the focus is now on building scalable, secure, and ethical AI infrastructures that deliver measurable impact across customer satisfaction, cost savings, and employee productivity.
As AI models continue to advance, contact centers will evolve into fully adaptive systems, capable of learning, optimizing, and personalizing in real time. The revolution is already here—and it's deeply technical.
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anusri123 · 9 months ago
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Top 5 Digital Marketing Trends for 2024 Every Business Should Know
Top 5 Digital Marketing Trends for 2024 Every Business Should Know
As digital marketing continues to evolve, businesses must stay updated with the latest trends to remain competitive. The year 2024 promises to be transformative, with technological advancements reshaping the way businesses interact with customers online. Below are the top five digital marketing trends for 2024 that every business, from small local enterprises to global corporations, should know and incorporate into their strategies.
1. **Artificial Intelligence (AI) and Machine Learning Integration**
**Key Points:**
- **AI-Powered Tools:** Artificial Intelligence is revolutionizing the digital marketing landscape. From predictive analytics to personalized content generation, AI is helping marketers create more effective campaigns. AI tools such as chatbots, smart content, and customer behavior analysis offer deeper insights, driving more precise marketing efforts.
- **Machine Learning for Personalization:** Machine learning (ML), a subset of AI, analyzes data to predict future trends and customer behaviors. By understanding past behaviors and preferences, businesses can offer hyper-personalized experiences, which result in higher engagement and conversion rates.
- **AI in Advertising:** AI is increasingly being used to optimize ad campaigns. Tools like Google’s AI-powered bidding strategies use ML to determine the most efficient way to allocate budgets, leading to better returns on investment (ROI).
**Practical Implementation:**
- Businesses should invest in AI-driven tools to improve targeting, automation, and decision-making processes. Tools like ChatGPT, for instance, can automate customer service and create personalized content. Marketers should also explore AI-driven customer data platforms (CDPs) for enhanced segmentation and targeting.
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2. **Voice Search Optimization and Smart Speakers**
**Key Points:**
- **Growth of Voice Search:** Voice search is becoming a significant part of the customer journey. With devices like Amazon’s Alexa, Google Home, and Apple’s Siri, more consumers are conducting searches through voice rather than typing. This trend is expected to grow even further in 2024, with estimates suggesting that more than 50% of all searches will be voice-based.
- **Natural Language Processing (NLP):** Voice searches are more conversational, requiring marketers to adapt their SEO strategies. Natural Language Processing (NLP) allows voice assistants to understand and process complex voice queries, meaning businesses need to optimize for long-tail keywords and natural phrases.
- **Local SEO and Voice Search:** Voice searches are typically local, making it crucial for businesses to optimize for local SEO. Phrases like “near me” or “closest” are common in voice searches, so companies should ensure their Google My Business listings are accurate and updated.
**Practical Implementation:**
- To optimize for voice search, businesses need to focus on conversational keywords and questions that users might ask. FAQs are excellent content formats for voice search optimization. It’s also important to ensure mobile optimization and fast load times, as these factors significantly influence rankings in voice search results.
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3. **Rise of Video Marketing and Short-Form Content**
**Key Points:**
- **Short-Form Video Popularity:** Platforms like TikTok, Instagram Reels, and YouTube Shorts have made short-form videos the most popular type of content on the internet. In 2024, short-form video is predicted to account for over 80% of all internet traffic, with users increasingly preferring bite-sized, engaging content.
- **User-Generated Content (UGC):** Short-form content generated by users will play a crucial role in video marketing. Brands are encouraging their audiences to create videos about their experiences with products, which builds trust and authenticity.
- **Video SEO:** With the rise in video consumption, optimizing videos for search engines is becoming increasingly important. Businesses need to focus on video titles, descriptions, tags, and thumbnails to increase visibility on platforms like YouTube and Google.
**Practical Implementation:**
- Brands should invest in creating both short-form and long-form video content. For example, product demonstrations, behind-the-scenes footage, or quick tips in the form of Instagram Reels or TikTok videos can engage younger audiences. Video content can also be repurposed for blogs, social media, and email marketing.
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4. **The Dominance of Social Commerce**
**Key Points:**
- **Integration of Shopping Features in Social Media:** Social commerce has become an essential part of the consumer shopping experience. Platforms like Instagram, Facebook, and TikTok are now fully integrated with e-commerce features, allowing users to make purchases without leaving the platform. This seamless shopping experience is expected to grow even further in 2024.
- **Live Shopping:** Livestream shopping events are becoming increasingly popular, particularly in Asia, and are expected to make a larger impact in Western markets. These live events allow businesses to showcase products in real-time, answer questions, and provide exclusive offers to viewers.
- **Influencer Partnerships in Social Commerce:** Influencer marketing continues to evolve, and in 2024, influencers will play an even greater role in driving social commerce. Micro-influencers, in particular, have seen a rise in popularity due to their high engagement rates and niche audiences.
**Practical Implementation:**
- Businesses should integrate social commerce tools into their strategies by enabling features like Instagram Shops, Facebook Marketplace, and TikTok shopping. Partnering with relevant influencers to promote products during live shopping events can also significantly drive sales.
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5. **Data Privacy and Ethical Marketing**
**Key Points:**
- **Increased Privacy Regulations:** As privacy concerns grow, governments are enacting stricter data protection regulations. In 2024, businesses will need to adapt to more comprehensive privacy laws like GDPR in Europe and CCPA in California, which restrict the collection and use of personal data.
- **Cookieless Future:** Third-party cookies, once the backbone of digital advertising, are being phased out. Google is planning to fully eliminate third-party cookies by the end of 2024, forcing businesses to rethink their advertising and data collection strategies.
- **Transparency and Trust:** Consumers are increasingly concerned about how their data is being used. To build trust, businesses will need to adopt ethical marketing practices by being transparent about data collection and usage. This includes providing users with clear options to opt-in or out of data sharing and ensuring compliance with all regulations.
**Practical Implementation:**
- Businesses should prioritize first-party data collection by encouraging users to share information directly through opt-in forms, surveys, and newsletters. Marketers must also ensure they are compliant with all data protection regulations and implement transparent communication regarding data usage.
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Conclusion
As we move into 2024, these five trends—AI and machine learning, voice search optimization, video marketing, social commerce, and data privacy—are shaping the future of digital marketing. By staying on top of these trends and adapting strategies accordingly, businesses can not only maintain their competitive edge but also create meaningful, long-lasting connections with their audience.
Marketers must be agile and open to experimenting with these innovations. Whether it’s adopting AI-driven tools, optimizing for voice search, or tapping into the power of short-form video, the key is to continuously evolve in this dynamic digital landscape. With the right strategies, businesses can harness these trends to drive growth and success in 2024 and beyond.
For more details visit – mediametrix.in
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nishakrishnan1996 · 1 year ago
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Discover the Cutting-Edge Trends in Digital Marketing Tools for 2024
The digital marketing arena is always changing, driven by new technologies and evolving consumer preferences. In 2024, several innovative trends in digital marketing tools are reshaping how businesses connect with their audiences. Here’s a look at the most influential trends and the tools driving them. For individuals who want to work in the sector, a respectable Top Digital Marketing Course in Pune can give them the skills and information they need to succeed in this fast-paced atmosphere.
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1. Revolutionizing Marketing with AI and Machine Learning
Artificial Intelligence (AI) and Machine Learning (ML) are transforming digital marketing. These technologies analyze massive datasets to reveal customer insights, forecast trends, and automate marketing activities. AI-powered tools enhance personalization, content creation, customer segmentation, and chatbot capabilities, making marketing more efficient and impactful.
For instance, AI can analyze user interactions to suggest the best times for email campaigns or identify content that resonates with specific audience segments. ML algorithms can predict future trends based on historical data, helping marketers stay ahead.
2. Advanced Analytics and Data-Driven Insights
Data analytics tools are more advanced than ever, offering deeper insights into customer journeys and campaign effectiveness. Marketers are increasingly using these tools to track real-time data, measure ROI, and make informed decisions. Integrating multiple data sources, these tools provide a comprehensive view of marketing efforts, enabling businesses to optimize their strategies effectively.
These analytics tools help marketers understand which channels drive the most engagement, how customers interact with their brand, and where improvements can be made, allowing for precise optimization of marketing efforts.
3. The Rise of Customer Data Platforms (CDPs)
Customer Data Platforms (CDPs) are becoming essential as they consolidate customer data from various sources into one place. CDPs offer a unified customer view, facilitating precise targeting and personalized marketing. These platforms are critical for businesses aiming to deliver seamless omnichannel experiences.
With a CDP, marketers can segment their audience more effectively, create personalized campaigns, and measure the impact across different channels, leading to more cohesive marketing strategies.
4. Elevating Content with Experience Platforms (CXP)
Content remains central to digital marketing, and tools that enhance content delivery and engagement are gaining popularity. Content Experience Platforms (CXPs) help marketers create, manage, and deliver personalized content across various channels. These platforms offer features like A/B testing, content personalization, and dynamic content creation to ensure the right message reaches the right audience at the right time.
CXPs enable businesses to optimize content for different audience segments, test various content variations, and provide a more engaging and personalized user experience.  It can be very beneficial in this situation to register in the Digital Marketing Online Certification.
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5. Optimizing for Voice Search
As voice assistants like Siri, Alexa, and Google Assistant become more prevalent, optimizing for voice search is increasingly important. Tools that help marketers understand and optimize for voice queries are in high demand. These tools focus on natural language processing (NLP) and conversational AI to ensure content is easily discoverable through voice searches.
Voice search optimization tools enable marketers to identify the phrases and questions users speak into their devices, allowing them to tailor content to these queries and improve search visibility.
6. Streamlined Social Media Management
Social media remains a crucial channel for digital marketing, and tools that simplify social media management are continually evolving. Advanced social media management tools offer features like automated posting, social listening, analytics, and influencer marketing integration. These tools help marketers maintain a consistent presence and effectively engage with their audience.
Automation and insightful analytics from these tools allow marketers to focus on content creation and community building while maintaining a robust social media strategy.
7. Dominance of Video Marketing and Live Streaming
Video content continues to be a dominant force in digital marketing. Tools that facilitate video creation, editing, and live streaming are becoming essential. Platforms offering interactive video features, such as shoppable videos and live polls, are particularly popular as they enhance viewer engagement and provide measurable results.
Video marketing tools allow businesses to produce high-quality videos with ease, while live streaming tools enable real-time interaction with audiences, fostering a sense of community and authenticity.
8. Ensuring Privacy and Compliance
With increasing regulations around data privacy, such as GDPR and CCPA, tools that help ensure compliance are vital. These tools assist marketers in managing consent, securing data, and maintaining transparency with their audience. Privacy management tools are becoming a standard part of the digital marketing toolkit.
These solutions help businesses stay compliant with evolving privacy laws, build trust with their audience, and avoid costly penalties for non-compliance.
9. Engaging with Augmented Reality (AR) and Virtual Reality (VR)
AR and VR technologies are creating immersive marketing experiences that captivate audiences. Tools for creating and deploying AR and VR content are gaining traction, especially in retail, real estate, and entertainment sectors. These tools enable marketers to offer interactive and engaging experiences that drive higher engagement and conversions.
For example, AR tools can let customers visualize products in their environment before making a purchase, while VR tools provide virtual tours or interactive product demonstrations.
10. Mapping the Customer Journey
Understanding the customer journey is crucial for delivering personalized experiences. Tools that visualize and analyze customer journeys across multiple touchpoints are becoming more advanced. These tools help marketers identify pain points, optimize interactions, and enhance customer satisfaction.
Mapping the customer journey ensures that businesses meet customer needs at every stage, providing a seamless and engaging experience from initial contact to post-purchase support.
Conclusion
Keeping up with the latest trends in digital marketing tools is essential for maintaining a competitive edge. By leveraging AI, advanced analytics, CDPs, CXPs, and other innovative tools, businesses can enhance their marketing strategies, deliver personalized experiences, and achieve better results. Embracing these trends will help marketers navigate the dynamic digital landscape and reach their marketing goals in 2024 and beyond.
Staying abreast of these emerging tools and trends allows businesses not only to keep pace with competitors but also to lead in creating innovative and effective marketing strategies that resonate with their target audience.
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crm-software-development · 1 year ago
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The Future of CRM: Emerging Trends in Software Development
The landscape of Customer Relationship Management (CRM) is in a perpetual state of evolution, driven by technological advancements and changing customer expectations. In this exploration, we dive into the future of CRM, unraveling the emerging trends in software development that promise to reshape how businesses cultivate and nurture customer relationships. From AI-driven personalization to immersive customer experiences, the CRM of tomorrow is poised to redefine the way organizations connect with their audiences.
1. AI-Powered Personalization: Tailoring Experiences in Real Time
Explore how artificial intelligence is revolutionizing CRM by providing unparalleled personalization, analyzing customer data to deliver hyper-relevant and real-time experiences.
2. Predictive Analytics: Anticipating Customer Needs and Trends
Highlight the role of predictive analytics in CRM, empowering businesses to anticipate customer needs, identify trends, and make proactive decisions based on data-driven insights.
3. Conversational CRM: Enhancing Customer Engagement through Chat
Discuss the rise of conversational CRM, where chatbots and natural language processing create seamless and personalized interactions, enhancing customer engagement.
4. Multi-Channel Integration: Creating Unified Customer Journeys
Explore how CRM systems are evolving to integrate seamlessly with various communication channels, ensuring a unified and consistent customer journey across touchpoints.
5. Blockchain for Enhanced Data Security and Trust
Examine how blockchain technology is being integrated into CRM systems with CRM software development company to enhance data security, transparency, and trust in customer interactions.
6. Voice-Enabled CRM: Interacting Beyond Screens
Discuss the emergence of voice-enabled CRM interfaces, allowing users to interact with CRM systems using voice commands for improved accessibility and efficiency.
7. Augmented Reality (AR) in Customer Engagement
Highlight how augmented reality is transforming customer engagement within CRM, offering immersive experiences and virtual product interactions.
8. IoT Integration: Connecting CRM to the Physical World
Explore the integration of the Internet of Things (IoT) in CRM, enabling businesses to gather real-time data from physical devices for more informed customer interactions.
9. Customer Data Platforms (CDPs): Unifying Data for a 360-Degree View
Discuss the role of Customer Data Platforms in CRM, unifying customer data from various sources to provide a comprehensive and 360-degree view of each customer.
10. Emotional AI: Understanding and Responding to Customer Emotions
Explore the development of Emotional AI in CRM, allowing businesses to understand and respond to customer emotions, creating more empathetic and personalized interactions.
11. Subscription-Based CRM Services: Flexible and Scalable Solutions
Highlight the shift towards subscription-based CRM services, providing businesses with more flexible and scalable solutions that adapt to their evolving needs.
12. Integration with Collaboration Tools: Streamlining Team Communication
Discuss the integration of CRM with collaboration tools, enabling seamless communication and coordination among teams for more effective customer management.
13. Hyper-Automation: Streamlining Repetitive Tasks
Examine the trend of hyper-automation in CRM, leveraging technologies like robotic process automation (RPA) to streamline repetitive tasks, improving efficiency.
14. Ethical AI and Data Privacy: Prioritizing Customer Trust
Explore the emphasis on ethical AI practices and data privacy in CRM development, ensuring that customer trust is maintained in the era of increasing data utilization.
15. Agile CRM Development: Rapid Iterations for Continuous Improvement
Highlight the shift towards Agile CRM development methodologies, allowing for rapid iterations and continuous improvement based on customer feedback and market changes.
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ourjobagency · 2 years ago
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Top 7 Trends in Salesforce to Watch in 2023
Salesforce has been a trailblazer in the world of customer relationship management (CRM) software for years, helping businesses connect with customers, streamline processes, and drive growth. As we step into 2023, the platform continues to evolve, introducing new features and capabilities to meet the ever-changing demands of businesses and consumers alike. In this blog, we'll explore the top seven trends in Salesforce that are shaping the CRM landscape in 2023 and beyond.
AI-Driven Personalization:
Artificial intelligence (AI) is revolutionizing the way businesses engage with their customers, and Salesforce is no exception. In 2023, expect to see AI-driven personalization take center stage, allowing companies to tailor customer interactions based on their preferences, behavior, and historical data. This will not only enhance customer satisfaction but also boost conversion rates and drive customer loyalty.
Integration of IoT and Salesforce:
The Internet of Things (IoT) is reshaping various industries, and Salesforce is embracing this trend by integrating IoT data into its CRM platform. This integration will enable businesses to gather real-time insights from connected devices, optimize operations, and provide proactive customer support. Expect to see IoT-enabled Salesforce solutions gaining traction across industries such as manufacturing, healthcare, and retail.
Blockchain for Secure Data Management:
Data security and privacy are paramount concerns for businesses and consumers alike. In 2023, Salesforce is likely to incorporate blockchain technology to enhance data integrity and security. Blockchain can provide a tamper-proof, decentralized data storage mechanism, ensuring sensitive customer information remains safe from cyber threats and unauthorized access.
Hyper-Personalization with Customer Data Platforms (CDPs):
Customer Data Platforms (CDPs) are becoming increasingly popular as they consolidate customer data from various sources into a unified profile. Salesforce is expected to leverage CDPs to achieve hyper-personalization in 2023. By understanding customer behavior across channels, businesses can deliver highly targeted and relevant marketing campaigns, fostering deeper customer connections.
Low-Code/No-Code Development:
In 2023, we will witness an acceleration in low-code/no-code development on the Salesforce platform. These user-friendly tools enable businesses to build custom applications and automate processes without extensive coding knowledge. This democratization of development will empower organizations to innovate and respond quickly to changing market demands.
Extended Reality (XR) for Enhanced Customer Experiences:
Extended Reality (XR), which includes Virtual Reality (VR) and Augmented Reality (AR), is gaining traction in the CRM space. Salesforce is likely to integrate XR capabilities to offer unique and immersive customer experiences. From virtual product demonstrations to AR-powered customer support, XR will redefine how businesses engage with their audiences.
Voice Technology Integration:
As voice-activated devices become increasingly popular, Salesforce is expected to integrate voice technology into its CRM platform. This integration will simplify user interactions, making it easier for sales representatives to access information on-the-go, analyze data through voice commands, and improve overall productivity.
Conclusion:
Salesforce continues to be at the forefront of CRM innovation, and 2023 promises to be an exciting year with these emerging trends. AI-driven personalization, IoT integration, blockchain-enabled security, and hyper-personalization through CDPs are all set to revolutionize customer engagement. Furthermore, low-code/no-code development, XR integration, and voice technology will shape the future of the Salesforce platform, making it more accessible, immersive, and efficient for businesses worldwide.
As these trends continue to evolve, businesses must stay agile and adapt their strategies to leverage the full potential of Salesforce and gain a competitive edge in the dynamic world of CRM. Embracing these trends will not only enhance customer experiences but also drive revenue growth and long-term success.
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dnenvs3000w22 · 3 years ago
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We are borrowing from our children
Hello and welcome to my follow-up blog of the last week of blogging. In this blog I would like to touch on this week’s content that was covered on Courselink, which is how we can be responsible educators and protectors of children - our hope, our future generations.
A Native American saying that has stuck with me since I was a freshman was “We do not inherit the Earth from our ancestors, we borrow it from our children” (Gilbert, 2015). Unfortunately, not everyone lives by this saying, and often those with the biggest, heftiest invisible backpack of privilege tend to be the ones who “borrow” the most. We often see corporate giants of all sorts of industries in first world countries such as Pepsi, Coca-Cola, H&M and Shell operate without much regard to the environment (Riley, 2017). The plastic waste, the oil spills and the gas emissions found in all habitats from soil, air to ocean is causing irreversible damage to ecosystems on Earth (Young, 2019). This happens because in the end, the ones that are most affected by the horrible consequences of climate change and natural disasters are the vulnerable developing countries. These are newly industrialized countries, where technology has yet to reach a point where it could combat extreme weather events, and people barely have any privileges.
While I can see how much our generation is trying to save the planet, voicing our opinions and protesting against the horrible things that are being done to our only home, those companies don’t seem to hear us, or if they do, they are not making changes fast enough. Therefore, I believe that means we need to expand our duty from fighting for our present, to protecting our future. The foundation lies in how we can educate and inspire young children because they are our hope.
Beck et al. outlined certain tips that would definitely come in handy when we need to effectively communicate with children. The most important one to me, is to focus on the process (Beck et al., 2018). The end result is just a bonus, it is extremely vital that us educators help children fall in love with the process of nature interpretation instead of trying to make them do whatever it takes to achieve the end result. Like Rachel Carson had said, “It is more important to pave the way for the child to want to know than to put him on a diet of facts he is not ready to assimilate”. The next important tip is to get down to a child’s level and interact with them personally whenever possible. Getting down to their level can both mean to bow down so you’re on their eye level, giving way for effective communication, but it can also mean you’re speaking to them in a language that appeal to them and that they can understand (Beck et al., 2018). Just like what we did in the first podcast assignment, this can be challenging at times, but in the end, the effort is all worth it because we are doing this for the sake of our planet’s future.
There are many other tips that are helpful for communicating with children, which one do you find most helpful? Do you also think like me, that we all have the responsibility to preserve current resources for the future, or it does not really matter in the end?
References
Gilbert, P. (2015). Inherit the Earth, or Borrow it from our children? National Recreation and Park Association. https://www.nrpa.org/blog/inherit-the-earth-or-borrow-it-from-our-children/
Young, A. (2019). Coca-Cola, Pepsi highlight the 20 corporations producing the most ocean pollution. 24/7 Wall Street. https://www.usatoday.com/story/money/2019/06/17/20-corporations-behind-the-most-ocean-pollution/39552009/
Riley, T. (2017). Just 100 companies responsible for 71% of global emissions, study says. The Guardian. https://www.theguardian.com/sustainable-business/2017/jul/10/100-fossil-fuel-companies-investors-responsible-71-global-emissions-cdp-study-climate-change
Beck, L., Cable, T.T., & Knudson, D.M. (2018). Interpreting Cultural and Natural Heritage for a Better World. Sagamore Publishing.
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tech820 · 4 years ago
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How Technology can Save You Time, Stress, and Money.
Excitement About Technology
From Internet of Behaviours to Hyperautomation, below are some of the top modern technology fads for 2021 everyone must obtain ready for now. The pandemic has actually transformed 2020 right into a tough year for both culture as well as businesses around the globe, that were already underway.
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Hyperautomation Hyperautomation refers to the process of just how organizations automate anything that can be automated in an organization, using tools like Device Learning, AI, and robotics, to name a few. Fabricated Intelligence Artificial Intelligence (AI )is most certainly among the biggest technology patterns for the moment. This device can in lots of means: predicting what consumers will acquire, adding face acknowledgment to service security, applying voice assistants, taking advantage of self-governing cars and robots, and also the list goes on. Within the context we are undergoing nowadays, AI will additionally, as well as make wise decisions regarding when and also where to disperse sources. Robotics and automobile automation The year
2021 is likewise expected to be one with fast development as well as need for robotics, particularly in the medical care sector, to connect with participants of society that are the most susceptible to infection. They are anticipated to offer new networks of interaction as well as cleaning and safety and security solutions for companies calling for upkeep. Because method, cybersecurity mesh supplies companies with, enabling the security border to be defined around a person's identity or point. Simply put, anybody can obtain access to any kind of digital property in a protected manner, despite where the data is situated. The Cloud Although this fad began way prior to the pandemic, Covid-19's influence on globally organizations has definitely increased it. Thanks to Cloud services, business of varied sectors can As the Covid pandemic takes place, an increasing number of firms rely upon the Cloud to p Concerning this, Statista
anticipates that as 2021 obtains underway, the public Cloud solutions market is anticipated to exceed 362. 3 billion U.S. bucks by 2022. WFH innovation This may be the tech fad that will certainly be at the top of the platform throughout 2021., as well as it seems this fad is anticipated to proceed to grow in the years ahead. A survey disclosed by Gartner reveals that 90%of Human Resources leaders will certainly enable employees to function remotely even after the Covid-19 injection is readily available.
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youtube
Devices like, and other interaction platforms have come to be essential for many enterprises, facilitating remote working across the world. These tools have assisted distributed groups monitor the jobs they are working with, along with All these new devices and technologies that have become a result of remote working have also aided business, as well as enhance collaboration amongst participants. Considering that staff members working from house have to use their networks as well as that these might not be as safe as those offered by the office, services may have to transform to 3rd celebrations like Cloud solutions to guarantee those networks are safe and also the data is shielded. The years 2020 and also 2021 have actually differed any in the past. COVID might have transformed our lives inverted, yet it could
not keep businesses or professionals stationary. Businesses rolled on, as usual, people kept working, albeit from another location as well as most operations still unfolded smoothly. And for all this, we have just technology to give thanks to. Yet what concerning C-Suite execs? Research studies reveal that also however many firms are thinking about migrating 80% of procedures to the cloud within a decade, CEOs are not so certain. As few as 3 out of 10 Chief executive officers really feel certain concerning cloud migration. The prime factor for this is obviously information security of clients. They will certainly have all safety and security features, packed with data encryptionas well as data source tracking to keep your information safe. If Chief executive officers are still not comfy, they can still go for an alternative that will certainly allow for migration of procedures but won't require data to be stored in the cloud. With the cloud, Raise and also Change does the task for you! You can just migrate your whole system to the cloud and obtain rid of your heritage infrastructure. You can change you organization by purchasing technology. Legacy facilities significantly restricts technology and also market dexterity, as well as yet, CEOs need to persevere since that facilities is all they can trust for smooth operation. What if they can successfully move to the cloud? After that there will certainly be no end to advancement and dexterity. Consumer Data Systems, Advertising and marketing for anybody and everyone is a distant memory. As Well As Client Information Platform has actually proved that by being among the largest modern technology fads for 2021. In 2021 data policies marketing completely, with 93 %of advertising managers agreeing that using consumer data for marketing makes certain to offer appealing outcomes. Now utilizing this extensive repository of details, the marketing group can produce client profiles and come up with approaches to charm the customer. What are the benefits of making use of a specialized client data platform? When the marketing group understands the customer from top to bottom, they can compose individualized approaches for every, which provides a far better opportunity to quickly rack up a sale. Choice 2: Ask the customers for their data. No information extracted from the net can be as authentic as the one the customer himself will certainly provide you with. Not just sales but a CDP can likewise be a critical element in better client retention. With even more data concerning the consumer, the entire team can be mindful of client assumptions from them whether in terms of service or simply website UI. Prior to CDPs entered use, turnkey combinations had actually to be carried out on customer data to develop a centralized data source, which occupied both time and also manpower. The entire operation of utilizing data for advertising and marketing has ended up being extra efficient with the usage of CDPs. Work From Home, Instead than an innovation trend, job from house has actually come to be a means of life for us now. However in the post-pandemic globe, Chief executive officers require to come to terms with the fact that such situations might occur time after time and also we have the modern technology to manage them effectively. Of program, running a firm without any in person interaction could be overwhelming, yet there are means to guarantee people are collaborating with sincerity and also integrity. If required, provide your employees with a VPN to ensure your data is safe and also the web speed is excellent. This will certainly see to it all online conferences as well as discussions run without a problem. Your next-gen workers are always prepared to adjust any kind of kind
of modern technology fads and also devices you throw at them, yet what regarding the older labor force? It is not possible or reasonable to throw them in the lurch in the center of the pandemic. Does this mean there will be no UI? Certainly not. Based upon an Internet of Things concept, headless technology primarily describes a customizable front-end. When we log into Amazon, all millions of customers see the same interface, there is no personalization. With brainless tech, there is no telling what we will certainly see when we open up the application. Personalization chances will be limitless. Every customer can have their very own UI.Cross-platform adjustment will certainly not need any additional job! Allows seamless integrations, This is the newcomer when it concerns innovation patterns in company yet this is the age of individualized consumer experience so it is only an issue of time before companies pick this up, toss in some hardcore R&D as well as take it to new elevations. These personalized suites have an all-in-one system that has software program concerning all vital Human Resources functions like pay-roll and advantages management, soft ability monitoring, onboarding, and partnership. One of the prime tasks of the HR department is to deal with staff member distress, the most essential of which is the employee's mental health and wellness. Courtesy of AI, we have discovered a method out of this. The company need just go into a few standards and the bot will merely wade its way via your pile of applications and draw out the very best of the whole lot. It is up to our experienced Human Resources specialists to cherry-pick thebest for finest position! These five technologies are still in their incipient phases and are not yet routine attributes for all businesses. This is where Radixweb can assist you with important experience and understandings, collected over years of experience in assisting companies as well as their technology needs with digital makeover solutions. So to reach out to us to discuss even more modern technology trends in business, offer us a call or drop an email!.?.!!. Because of the devastating hit of the pandemic from the yearand database monitoring to keep your data safe. In 2021 information guidelines marketing completely, with 93 %of marketing supervisors concurring that making use of client information for marketing is certain to offer encouraging outcomes.
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technology532 · 4 years ago
Text
Things about Technology
The Greatest Guide To Technology
From Net of Behaviours to Hyperautomation, here are some of the leading modern technology patterns for 2021 everyone must get prepared for currently. The pandemic has turned 2020 right into a challenging year for both culture as well as businesses around the globe, that were currently underway.
Tumblr media
Hyperautomation Hyperautomation describes the process of exactly how organizations automate anything that can be automated in a company, utilizing tools like Equipment Knowing, AI, and robotics, amongst others. Expert System Expert System (AI )is most certainly among the greatest technology trends for the moment. This tool can in numerous ways: forecasting what clients will certainly purchase, adding facial acknowledgment to company protection, implementing voice aides, using autonomous cars and also robots, and the listing goes on. Within the context we are going through nowadays, AI will additionally, in addition to make smart choices regarding when as well as where to distribute resources. Robotics as well as car automation The year
2021 is likewise anticipated to be one with fast development and also need for robotics, particularly in the medical care market, to connect with members of culture who are the most prone to infection. For that reason, they are anticipated to supply new channels of communication and also cleansing as well as security solutions for firms requiring maintenance. In that means, cybersecurity mesh provides organizations with, allowing the safety and security boundary to be specified around a person's identification or point. Simply put, anyone can get accessibility to any digital asset in a safe fashion, regardless of where the data lies. The Cloud Although this trend started means before the pandemic, Covid-19's influence on around the world companies has absolutely increased it. Thanks to Cloud services, companies of varied industries can As the Covid pandemic goes on, an increasing number of business count on the Cloud to p Regarding this, Statista
predicts that as 2021 gets underway, the general public Cloud solutions market is expected to surpass 362. 3 billion UNITED STATE bucks by 2022. WFH innovation This may be the technology fad that will be at the top of the podium during 2021., and it appears this pattern is anticipated to remain to grow in the years ahead. A study disclosed by Gartner reveals that 90%of Human Resources leaders will certainly allow workers to function remotely also after the Covid-19 injection is readily available.
youtube
Devices like, and other communication systems have actually become vital for numerous business, helping with remote working throughout the globe. These tools have helped dispersed groups track the tasks they are dealing with, as well as All these new devices and innovations that have actually arised as a result of remote functioning have actually additionally helped firms, in addition to improve partnership amongst participants. Nonetheless, thinking about that employees functioning from house have to utilize their networks which these might not be as safe as those offered by the work environment, organizations might have to count on 3rd parties like Cloud services to make certain those networks are secure and also the data is secured. The years 2020 and also 2021 have differed from any type of in the past. COVID might have transformed our lives inverted, however it could
not keep businesses or experts static. Services rolled on, customarily, individuals kept working, albeit from another location and also most operations still unfolded efficiently. And for all this, we have just technology to thank. But what concerning C-Suite executives? Researches show that despite the fact that several business are thinking about migrating 80% of procedures to the cloud within a decade, Chief executive officers are not so certain. As couple of as 3 out of 10 Chief executive officers feel great regarding cloud movement. The prime factor for this is naturally information security of customers. They will have all protection features, abundant with information securityand also data source monitoring to maintain your data risk-free. If Chief executive officers are still not comfortable, they can still go for a choice that will certainly permit for movement of procedures but won't require information to be stored in the cloud. With the cloud, Lift and also Shift does the job for you! You can simply migrate your entire system to the cloud and also remove your tradition framework. You can transform you company by purchasing modern technology. Heritage facilities badly limits advancement as well as market dexterity, as well as yet, Chief executive officers need to stay with it since that facilities is all they can rely on for smooth procedure. What if they can successfully migrate to the cloud? After that there will be no end to technology and dexterity. Consumer Data Systems, Advertising for anybody and also everybody is a point of the past. As Well As Customer Information System has shown that by being just one of the largest innovation fads for 2021. In 2021 data policies marketing entirely, with 93 %of advertising supervisors agreeing that using client information for marketing makes certain to give promising outcomes. Now using this comprehensive database of details, the advertising and marketing team can develop client profiles and also create approaches to charm the consumer. What are the advantages of utilizing a specialized consumer data system? When the advertising team recognizes the consumer from top to bottom, they can compose customized strategies for every, which provides them a much better chance to promptly rack up a sale. Alternative 2: Ask the customers for their information. No data drawn from the internet can be as genuine as the one the consumer himself will certainly supply you with. Not only sales yet a CDP can additionally be a crucial element in much better customer retention. With more information concerning the client, the whole team can be familiar with client assumptions from them whether in terms of service or just site UI. Before CDPs entered into usage, turnkey integrations had to be carried out on consumer information to create a central database, which used up both time and also manpower. The entire operation of using data for advertising and marketing has come to be extra effective with using CDPs. Work From House, Instead than an innovation fad, work from house has actually ended up being a method of life for us currently. In the post-pandemic globe, CEOs require to come to terms with the fact that such circumstances may occur time and once more and we have the technology to deal with them properly. Naturally, running a firm without any in person interaction could be difficult, but there are ways to make certain people are working with genuineness and honesty. If required, provide your employees with a VPN to make sure your information is safe and also the web speed is good. This will make sure all virtual meetings and also discussions run without a glitch. Your next-gen staff members are always prepared to adapt any kind of kind
of innovation trends as well as tools you throw at them, but what about the older labor force? It is not possible or fair to throw them in the stumble in the center of the pandemic. Yet does this mean there will be no UI? Certainly not. Based upon a Web of Points concept, brainless technology largely refers to an adjustable front-end. As an example, when we log into Amazon.com, all millions of customers see the same interface, there is no personalization. But with brainless technology, there is no informing what we will see when we open up the application. Personalization possibilities will be countless. Every consumer can have their really own UI.Cross-platform adjustment will not require any type of extra job! Enables seamless combinations, This is the newcomer when it pertains to technology fads in business however this is the age of personalized customer experience so it is just a matter of time prior to companies choose this up, include some hardcore R&D and also take it to new elevations. These custom-made collections have an all-in-one system that has software relating to all vital Human Resources features like pay-roll and benefits administration, soft skill administration, onboarding, and also collaboration. One of the prime jobs of the HR department is to take care of worker woes, one of the most important of which is the employee's mental wellness. However politeness of AI, we have actually located a method out of this. The company need only enter a couple of standards as well as the robot will merely wade its way with your stack of applications and also pull out the ideal of the lot. It is up to our seasoned Human Resources experts to cherry-pick thebest for the position! These five innovations are still in their incipient phases and also are not yet routine attributes for all services. This is where Radixweb can assist you with useful experience and also understandings, gathered over years of experience in aiding businesses as well as their tech needs with electronic improvement services. To reach out to us to discuss even more modern technology patterns in business, give us a phone call or drop an email!.?.!!. As a result of the dreadful hit of the pandemic from the yearand database monitoring to keep your data safe. In 2021 data guidelines marketing completely, with 93 %of advertising and marketing managers agreeing that making use of client information for advertising and marketing is certain to give encouraging results.
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prorevenge · 6 years ago
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You try to cut my team in half so I outsourced your entire department.
This tale takes place over the course of many months and resulted in over 150 lay offs, all to save 22 IT Techs from losing their jobs.
I learned a long time ago that no one cares about the IT team at our company. They see us as "Those useless employees always complaining about rules."
We are a mortgage company, and those rules are the rules everyone follows to protect customer data privacy and to prevent theft. When your company suddenly loses 2 full payments for a house to some scammer in Nigeria and the FTC has questions for you, then it is time to change your policies.
This meant cutting legacy access, revoking unnecessary access, and correctly coding job titles in active directory to prevent people from granting their own access.
What this boiled down to was a meeting that I phoned into a year ago. This was one of those meetings where I did not need to be there. Budget meetings.
In this meeting the VP over the accounting department played a recording showing times when someone in the IT Tech team provided "sup par service." She tried using this as reason to fire half of the tech team.
The trouble was, that all of the people she played recordings of were already fired for giving terrible customer service. These people were replaced by 5 star techs who know what they are doing and give excellent customer service.
This started the whole chain of events that led to last week.
Since this meeting was every 2 months, VP has tried to use her position and influence to grow her team while shrinking ours.
Every budget meeting, I would show up and VP, who shall hence be referred to as Karen, would target my team. I would pull out the numbers, and pull out the logs showing how my team received a little over 3/4s of that team's call volume.
I show how my team of 22 techs personally receive more phone calls than every other inbound call employee by more than double the number.
I show how with the call volume we receive we still maintain a 98 percent satisfaction rating.
At the 3rd budget meeting the COO had been tired of "hearing the same excuses" and wanted hard data. He had a point. I was merely throwing out basic numbers without providing real data.
Our company was in the middle of a budget crisis and someone needed to be cut. These budget meetings were basically a way to defend our own department from the chopping block. Karen believed that the best defense was a good offence. She was right, but not in the way she thought.
When it became clear that the IT support team was on the chopping block, Karen starts to have her employees call into the tech center and have them make requests that she knows we can not assist with as that is handled by another company entirely. We are not able to transfer calls to an external line so the only thing we can do is give the number to call and hang up.
The negative CSAT's start to flood in after this. Every single call from that team regarding a vendor's password reset gets a negative csat. Our approval rating tanked to 72 percent in one day. I instantly took action.
First I contact a few of the users, on recorded calls, and ask them why they called the IT Tech team when they know we are not capable of resetting the vendor's password. She replied that she was told it was policy to do that now. I asked why she left a negative satisfaction rating and she said that those no longer count against the employee. That those are only used for macro metrics.
I walked over to Karen's office and walked in. "Karen, why are you having your team call mine to reset vendor's password?" Karen looked confused and stated that she did no such thing. She said she would talk to her team and make sure that they call the correct number in the future.
The calls did not stop. Now a few of her team were calling in with personal machines that were not an asset of our company. They were wanting things done which would violate license agreements with microsoft or dell. Each of these were refused and each of these were leaving negative CSAT.
It became clear that Karen was trying to tank our stats before the next budget meeting.
I let my boss know and he just gives me a sly smile. "The leash is off. Sick her." This is an inside joke between us as I am someone who is very detail oriented when I am focused. When you try and get my team fired because you want to grow your useless team, I am very focused on you now.
The first thing I do is enable call recording for every corporate employee as to not arouse her suspicions. Her team did not have call recording enabled because her team "handles CDP" on a daily basis.
I pull a live call and listen in.
"This is Employee with our company may I have your account number or your name?" The customer gives the name. "OK I have your account pulled up, are you wanting to make a payment?" Customer says yes. "Are you authorizing me to go ahead and make the withdraw from the bank account we have on file?" Customer agrees. "OK payment is processing. You will be notified in X days when it is complete. Your next due date is this date." The customer thanks her and he hangs up.
Entire phone call was 1:22. Short phone call so I listen to another. Similar situation. I listen to another and get the same thing. I start seeing a pattern here so I go through the rapidly building log and see that all of the phone calls are usually less than 1 minute and 20 seconds long. It takes well over an hour before an anomaly occurs and I see a 5 minute phone call.
The customer needed an extension and the employee was authorized to give her a 30 day extension to avoid a late fee if she would make a double payment next month. The person on the phone agreed.
At this point I also turn on the CSAT for her team only. I expected a largely similar rating as my team. I was not prepared for the nearly instant 50 percent rating that steadily dropped.
My boss comes over to my desk as he was getting the email notifications for the sub 75 percent csat rating and was flabbergasted at the sheer volume of negative reports.
Its now clear that there is no choice but to examine this further. I assign 4 people to review the negative calls from the other team and have them all. The amount of employees being downright rude to customers, not other employees but paying customers, over the phone was shocking. The negative tones in their voice, the unwillingness to fully answer questions, the extreme lack of empathy, and the shocking lack of mute button use was too much.
Then came another shocker. The number of customer facing employees was ridiculous. 152 employees to handle roughly 30 percent more calls than my team of 22.
I call the CIO.
$CIO - What you got for me?
$ME - I have something for you. Its incredibly evil, depressingly accurate, and can probably save the company a ridiculous amount of money.
$CIO - You know this is the second time you have said those exact words to me right?
$ME - Yup. But there is something I need to know first. I am not currently authorized to know it and I need to request it in a way that would not set off any red flags.
$CIO - What is that?
$ME - The starting pay scale for all account employees.
$CIO - Tell me your plan.
The next budget meeting was not a budget meeting. It was a IT Tech defend yourself meeting. The COO directed it and let Karen speak first.
Karen pulled out the same stuff as before. Calls upon calls to our group that were cherry picked as well as listing off dead zone times when we had people working but no one calling in. Then went on about how they could cut our group in half and hire more Account employees to reduce the workflow.
Instead of defending myself or my department, I played 4 of the short call recordings from Karen's department. I then pulled up the excel sheet that was color coded showing how many phone calls each account rep received and the length of time they were on. each call, and the customer satisfaction rating.
I explained the lack of high csat with my own little recording I liked to call a failtage. Its a montage of fail and her team were the stars. Before you ask, I did put music to it.
The recording starts off with an employee saying. "Yeah I guess I can take your payment." Then goes straight into one where a customer accidentally gave the wrong bank account info and said don't use that one. The rep responded with "Christ. What is the actual account number?" It only got worse from there.
This group was unmanaged for so long they were filled with rude and useless employees.
I then showed them a side by side comparison of each tech who received a call. I showed how my techs were receiving more than 4 times the number of calls, per rep, than her team was getting per day. I showed how we all were on the phone for well over 7 times the amount of time her team was on the phone for, and I demonstrated how each tech had double or tripple the satisfaction rating over all of her group.
Half the room that was uninterested in the conversation were suddenly interested when I closed out my presentation.
"In short, I saw no reason to defend the IT team today as I have successfully done so in every prior meeting. Since the last meeting, however, Karen has crossed the line and has had her team call mine in regards to things we have no access to."
I played the recording of me calling her minion. "As you can see here, she directed her team to call mine and to leave bad satisfaction ratings on my guys because of it. I have since deleted those CSAT's as they served no purpose whatsoever. " I then pulled out my next flowchart.
"This is the monthly expense, taken from the last 9 meetings, that our company spends on IT and Servicing departments." I look at the COO who was looking at me intently. "Before today I was on the defensive as I saw no reason to attack another group. But it is clear to me now that my team has a target on its back. That is why I now show you this."
It was a graph showing the starting pay scale for each IT and Servicing employee code as well as their average daily workflow. There was one glaring anomaly on this list. Account department had the highest starting pay scale with the least amount of work.
"So basically in laymen's terms, the Account department can reduced to one tenth of its current size, and we can reduce the pay scale to a little over one half as this department requires very little in the way of problem solving and critical thinking." I saw a few raised eye brows as well as one impressed smile from the CIO.
The COO ushers everyone out of the room except for me, my direct supervisor, and the CIO. He looked at me and said "Continue."
"Further, we can cut this department entirely and outsource THEM instead of IT. Since this group merely takes payments and sometimes allows extensions, we do not have to worry too much about technical ability. Outside of simply using windows we can hire high schoolers if we wanted to." This got a laugh from the CIO. Karen was staring through the window with this smug grin on her face the entire time.
"Now for my final bit for this meeting, I am going to play two cherry picked phone calls. These are the two most technical phone calls I could find from the last month for both departments."
I play a call where a payment fails to process and the rep realizes she typed in the wrong number.
I then play a call where it starts out with a user stating that her customer submitted a payment to the wrong CD. The tech breaks out into our procedure to prevent wire fraud. Thanks to the quick action of this tech we were able to reverse the CD and save this customer from losing their down payment.
The final masterful stroke was playing my final card. "As you all know, Karen has been coming after my team for months. She has been grinding her axe against us because she, like everyone else, has made the mistake that we are incompetent, inept, and useless to the company. What she did not know was that I have all of the logs showing the truth. The smoke she has been blowing for years is so thick that its ridiculous. Her team is highly replaceable and we both know my team would require extensive training and effort to replace."
The CIO spoke up. "With just 30 people, we can outsource her entire department and save the company millions a year. The next time we have a major IT issue, you will be regretting outsourcing us." He then pointed to the graphs and flow charts brought by both myself and Karen. "Her team is useless."
The next day I watched in pure joy as a term request came in for Karen. It came in with the double ** indicator at the beginning meaning this was a stealth term. To be done and coordinated with the person who will inform her of the termination. (Its not actually ** I changed that for here to protect identities.)
Over the next two months, the account team was shuttered. First they came for anyone with disciplinary issues or attendance issues. Then they laid off anyone who had been there a really long time. Then the newest employees.
The smart ones applied for other positions in the company or left before getting laid off. All the while the calls for payments were slowly shunted to the call center in India.
By the end of last week we only have 4 domestic accounts people who take escalations that the India call center is not authorized to take.
Do I feel guilty about being integral for 148 people being laid off? Yes quite. But I know it was necessary to keep my job and my health insurance. Without my health insurance I am a dead man.
The entire reason why this happened though, was because a division was slated to be cut and sent to India from the outset. Thanks to the actions of myself and my direct supervisor, we prevented it from being a sure thing that our team was going to get cut.
On top of that we cut out a festering wound in the company that was slowing it down and costing it money.
My team has not been brought up in the budgetary meetings since.
(source) story by (/u/TheLightningCount1)
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6 Basic Marketing Trends in 2020
Alright, we're almost there! For many years, I have been looking to the future, predicting how digital media, platform and technology innovations will affect marketing in 2020. Cutting edge examples certainly show exciting opportunities-almost too many options ...
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In this article, I will base on examples and study six main marketing trends that adopt the latest marketing techniques and techniques that marketers can use. For advice on leveraging innovation in different digital marketing channels including email, social media and search engine marketing, see all other articles from the Smart Insights team covering digital marketing trends for 2020.
Now that we are approaching 2020, we can see the huge impact of digital marketing. In terms of advertising alone, these marketer predictions show how Facebook and Google's duopoly is dominating online paid media investment, although offline media purchases are still important for many large brands.
Trend 1. Life Cycle Marketing
Although people often say "the funnel is dead" because consumers follow a non-linear journey, no matter what product or service you are involved in marketing, in general, to grow your business, your main focus is to increase awareness, followed by increased customer leads and leads.
Digitalization has also played a large role in creating a unified customer experience, but shockingly, digital marketing is not seen as a driver for increasing existing customer revenue. Because digital marketing can effectively achieve all of these goals, including retaining customers, this is a problem.
A more practical way to plan to integrate online marketing into your marketing activities is to consider the communication from the customer's perspective throughout the customer's journey. I call it "always-on lifecycle marketing," and I encourage you to review online and offline media usage throughout the entire customer lifecycle.
The example of a B2B company using a marketing campaign shows an auditing example. Although it is strong at the top of the funnel as far as the used campaign is concerned, it is less powerful and repositions the campaign in the middle and bottom of the funnel. Many businesses are adopting marketing automation and account-based marketing technologies to achieve these touchpoints. For all potential activities that can be reviewed, see the article linked above.
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Trend 2. Conversational Marketing
To me, this is the most exciting trend on the market today, combining the rapid consumer adoption of smart speakers with innovations in search query processing, dialog interfaces, and messaging.
Driven by the latest Gartner hype cycle and artificial intelligence, conversation marketing is seen as a key innovation. As you can see, many of the technologies in terms of innovative triggers are not expected to become mainstream in 5 to 10 years. Among those predictions that will become mainstream in the next 2 to 5 years, the three most important factors for marketers to consider are personification, real-time and conversational marketing.
Trend 3. Insight-Driven Marketing
At Smart Insights, we are loyal advocates who use analytics and insights to drive business performance and optimize digital marketing results. That's why we are called what we are.
The altimeter / prophet digital marketing status report reveals that improving their data-driven marketing is the goal of many businesses, as demonstrated by the most desired skills of digital marketers.
In addition to the advances in customer analytics supported by CDP as described in the next section, new Voice of Customer (VoC) technologies, such as online hosted customer communities, can improve customer preferences for future products and their delivery methods.
Trend 4. Marketing Technology
Today, Marketing Technology (Martech for short) offers confusing software service options for businesses looking to improve their digital media, experience and support data management. If your business and agents use the right Martech hybrid materials, they can help you stand out from the competition, but if you don't, you may miss the insights and automated processes they are using.
Scott Brinker's latest 2019 Martech super-picture, which hosts Martech conferences and provides technical advice to HubSpot, has drawn this somewhat scary map, listing all potential categories and services that companies can use.
Trend 5. Consumer Privacy and KYC
Repeated privacy breaches at Facebook, Google, and other brands that have led to other customer information leaks show consumers that online brand data is not as secure as they previously thought. Privacy regulations such as GDPR have been enacted to improve data privacy by increasing fines.
According to GDPR regulations, the maximum fine for violations will increase to 20 million euros (17.5 million pounds) or 4% of global turnover-whichever is higher, with a record fine in 2019.
British Airways was fined £ 183 million for violating customer data regulations and fined a chain of 99 million hotels for failing to protect personal data in approximately 339 million guest records.
Although these may be more of a CIO or CFO concern than a CMO, it shows that marketers need to work with colleagues to mitigate the potential impact of security breaches and assure customers.
At the same time, we have seen that the effectiveness of traditional identification methods, such as cookies for tracking, is declining, making it more difficult to determine media ROI, which is said to be one of the main advantages of digital channels.
Emerging technologies may help address these two challenges.
New identity management or understanding your customer solutions are being developed to improve security, reduce fraud, and increase customer awareness across multiple devices.
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Trend 6: Digital Transformation and Marketing Transformation
Our research on managing digital marketing reveals many challenges in how companies conduct digital marketing today. Issues include a lack of focus on integration strategies, testing, optimization, and structural issues, such as teams working on silos or lacking integrated communications skills.
To address these types of issues and take full advantage of the opportunities to grow their business through digital marketing, many companies now have digital transformation plans.
The purpose of digital transformation is to develop a roadmap to enhance digital capabilities and skills, while combining "always-on" digital marketing activities with brand and product marketing in the enterprise.
The chart of the study shows that many companies are actively transforming to achieve this through the success factors described in this brief.
Seize the opportunities brought by digital marketing in 2020 and beyond, and everything goes smoothly! To help you use your way, check out our benchmark templates, each of which gives you a quick overview of digital marketing governance and key channels like search, social, email marketing and analytics, content marketing and experience.
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alleventsworld · 6 years ago
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How do you sell 80% of your event tickets in advance?
sell event tickets What type of events does your company organize? Whether it is a festival, a network event, a business event or another (public) event. Every event organizer becomes enthusiastic when 80% of the tickets are sold in advance. I would like to share some best practices that can give your presale a boost.
A shift is taking place to a mobile-only world. Many daily activities have been moved to the small screen of our mobile phone. One is receiving and checking events that are promoted on various channels. Think of Facebook, Instagram and email. The content of these messages is often fairly general so that they are attractive to multiple specific target groups. The number of events taking place is still rising. And always later, visitors decide which event they want to visit. The loyalty towards events therefore decreases. The question is therefore whether this general way of communicating is the right one.
Our technology allows you to communicate the right message through the favorite communication channel in a personalized offer to a specific target group. The result is a personal experience for the recipient that makes it more receptive to order tickets. How does that work exactly?
1. From data to insight to optimization
The only way to stand out nowadays is to actually get to know your target audience. How do you reach them the best? And how do you convince them to buy a ticket as quickly as possible? You need relevant data for this. By collecting and analyzing data, you gain insight into individual preferences. With this you can influence the choice behavior of visitors. Use our Customer Data Platform (CDP) to automatically collect this data and convert it into real-time customer profiles. All customer interactions - such as orders, payments, previous calls, preferences, purchasing behavior, etc. - are converted into comprehensible customer profiles. From there you can make target group choices, make selections and reach specific groups with the correct message and channel.
2. Personalized mobile experiences
Consumer expectations are higher than ever before. A non-relevant message will not appeal to them. You know of course that you will not get great results by sending a general message. Therefore, try to build a personal relationship with your audience. Immediately increase your result by sending personalized messages to your target groups. Someone who has already visited your event twice, is looking for different information than someone who has never been to your event before. But there's more. Does the returning visitor usually buy a day or weekend ticket? Does he usually buy one ticket or does he come with a group? And what is his favorite communication channel? By looking at the customer information you have in your hands, you can make your message more relevant and convincing. Send personalized campaigns to segmented audiences via WhatsApp, Facebook Messenger Bot, SMS, RCS, voice messages and email. Distinguish yourself, make your communication personal and relevant, and distribute it through the right channels.
3. Reduce the purchase process to 2 clicks
Another way to increase your ticket sales is to make the purchase as quick and easy as possible. A short purchasing process is key. It is therefore important to remove unnecessary steps and other barriers. An example: the third edition of your event is coming. The main target group for ticket sales in the pre-sale is the returning visitor. Choose a personal message here, for example via SMS. Formulate a personal offer in the message, such as 'buy two tickets in the pre-sale and receive a free cap'. Add a direct link to the sell tickets for event. Make sure the recipient can start the order immediately after one click. Pre-filled information fields save time and effort for the buyer. The purchase becomes final with just one simple click to complete the payment. By ticketing,
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orbemnews · 4 years ago
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Opinion: 5 ways businesses can be more aggressive about climate change Governments surely have the biggest role to play in addressing the climate crisis. But President Biden and other country leaders are not alone in tackling the climate crisis. The private sector, in particular, has been instrumental in driving US action on climate change. One analysis by the Science Based Targets initiative, which works with companies to design and set climate goals aligned with the Paris Agreement, found that 338 leading companies, including major names from the technology, food and hospitality sectors, collectively lowered their emissions by 25% between 2015 and 2019. America’s corporate leaders are also calling for more ambitious government action. Over 400 US businesses and investors representing more than $4 trillion in annual revenue and over 7 million employees across all 50 states recently voiced their support for an ambitious target of reducing emissions in the US by at least 50% by 2030. But we know companies can and should do more. We urge business leaders to raise their climate ambitions and commit to more aggressive action. Here are five steps the private sector can take: Set science-based targets Every company, big and small, needs to set a science-based target to reduce emissions and limit global warming to 1.5 degrees Celsius above pre-industrial levels — the level that science has determined as necessary to avoid the worst impacts of climate change. The Science Based Targets initiative was established to help companies do just that. Over 1,300 companies have committed to set such a target and the initiative has validated more than 660 of these targets against its rigorous standards. But a forthcoming report expected in mid-May by the World Wildlife Fund (WWF) will show that only 61 of those companies with validated science-based targets are members of the Fortune 500. Dozens of other Fortune 500 companies are in the process of designing plans for a target, but they all need to follow through — and fast. Committing to set a target is important, but designing one and receiving validation helps companies achieve results at scale. We don’t have time to waste in the race to net-zero emissions. Disclose carbon footprints It’s time for every company to publicly account for and disclose its complete carbon footprint. Without this information, it’s impossible for companies, the public and investors to judge company ambition or progress. According to the forthcoming WWF report, only 55% of the Fortune 500 publicly report to CDP — formerly the Carbon Disclosure Project — a nonprofit that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Additionally, companies should disclose climate-related risks and opportunities to give investors and markets a clearer picture of impacts to both society and bottom lines. Governments could use the Earth Day summit and other international forums to coalesce around a universally accepted framework for disclosure, such as recommendations set out by the Task Force on Climate-related Financial Disclosures and the recently established Task Force on Nature-related Financial Disclosures. Align with the Paris Agreement Companies need to align every aspect of business with the goals of the Paris Agreement. This means transitioning to 100% renewables, full electrification of ground transport and reducing emissions in supply chains. Immediately, companies should also phase out coal in operations and supply chains. Business and government need to accelerate low-carbon technology solutions for industrial sectors, such as cement, steel and aviation, which have lagged behind because necessary technologies have not reached commercial scale. Analyze land use Companies should recognize, account for and address the impact of land use in their carbon footprints, which can account for a significant portion of emissions for companies that rely on agriculture, forestry and other natural resource extraction. That starts with eliminating deforestation in supply chains and embracing the role that nature can play in both reducing emissions and managing climate impacts like flooding. Use political influence Here in the United States, companies need to advocate for government action on climate policy. Doing so can help advance President Biden’s climate agenda while also sending a signal to Congress that the time has come for national climate legislation. Executive actions can be rolled back or undone by future presidents, but bipartisan climate legislation would write the nation’s climate commitment into law and help companies meet their own ambitious climate goals by accelerating solutions and establishing a level playing field for all companies across sectors. President Biden’s climate summit will be a showcase for government ambition to solve the climate crisis. But it needn’t end there. Together, governments and companies can leverage each other’s commitment to climate action to deliver the breakthroughs we need to secure a sustainable future. This is good for the economy, jobs, health and the planet. Source link Orbem News #aggressive #businesses #Change #Climate #opinion #Opinion:5waysbusinessescanbemoreaggressiveaboutclimatechange-CNN #perspectives #ways
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dipulb3 · 4 years ago
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Opinion: 5 ways businesses can be more aggressive about climate change
New Post has been published on https://appradab.com/opinion-5-ways-businesses-can-be-more-aggressive-about-climate-change/
Opinion: 5 ways businesses can be more aggressive about climate change
Governments surely have the biggest role to play in addressing the climate crisis. But President Biden and other country leaders are not alone in tackling the climate crisis.
The private sector, in particular, has been instrumental in driving US action on climate change. One analysis by the Science Based Targets initiative, which works with companies to design and set climate goals aligned with the Paris Agreement, found that 338 leading companies, including major names from the technology, food and hospitality sectors, collectively lowered their emissions by 25% between 2015 and 2019.
America’s corporate leaders are also calling for more ambitious government action. Over 400 US businesses and investors representing more than $4 trillion in annual revenue and over 7 million employees across all 50 states recently voiced their support for an ambitious target of reducing emissions in the US by at least 50% by 2030.
But we know companies can and should do more. We urge business leaders to raise their climate ambitions and commit to more aggressive action. Here are five steps the private sector can take:
Set science-based targets
Every company, big and small, needs to set a science-based target to reduce emissions and limit global warming to 1.5 degrees Celsius above pre-industrial levels — the level that science has determined as necessary to avoid the worst impacts of climate change.
The Science Based Targets initiative was established to help companies do just that. Over 1,300 companies have committed to set such a target and the initiative has validated more than 660 of these targets against its rigorous standards.
But a forthcoming report expected in mid-May by the World Wildlife Fund (WWF) will show that only 61 of those companies with validated science-based targets are members of the Fortune 500. Dozens of other Fortune 500 companies are in the process of designing plans for a target, but they all need to follow through — and fast. Committing to set a target is important, but designing one and receiving validation helps companies achieve results at scale. We don’t have time to waste in the race to net-zero emissions.
Disclose carbon footprints
It’s time for every company to publicly account for and disclose its complete carbon footprint.
Without this information, it’s impossible for companies, the public and investors to judge company ambition or progress. According to the forthcoming WWF report, only 55% of the Fortune 500 publicly report to CDP — formerly the Carbon Disclosure Project — a nonprofit that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Additionally, companies should disclose climate-related risks and opportunities to give investors and markets a clearer picture of impacts to both society and bottom lines. Governments could use the Earth Day summit and other international forums to coalesce around a universally accepted framework for disclosure, such as recommendations set out by the Task Force on Climate-related Financial Disclosures and the recently established Task Force on Nature-related Financial Disclosures.
Align with the Paris Agreement
Companies need to align every aspect of business with the goals of the Paris Agreement.
This means transitioning to 100% renewables, full electrification of ground transport and reducing emissions in supply chains. Immediately, companies should also phase out coal in operations and supply chains. Business and government need to accelerate low-carbon technology solutions for industrial sectors, such as cement, steel and aviation, which have lagged behind because necessary technologies have not reached commercial scale.
Analyze land use
Companies should recognize, account for and address the impact of land use in their carbon footprints, which can account for a significant portion of emissions for companies that rely on agriculture, forestry and other natural resource extraction. That starts with eliminating deforestation in supply chains and embracing the role that nature can play in both reducing emissions and managing climate impacts like flooding.
Use political influence
Here in the United States, companies need to advocate for government action on climate policy. Doing so can help advance President Biden’s climate agenda while also sending a signal to Congress that the time has come for national climate legislation. Executive actions can be rolled back or undone by future presidents, but bipartisan climate legislation would write the nation’s climate commitment into law and help companies meet their own ambitious climate goals by accelerating solutions and establishing a level playing field for all companies across sectors.
President Biden’s climate summit will be a showcase for government ambition to solve the climate crisis. But it needn’t end there. Together, governments and companies can leverage each other’s commitment to climate action to deliver the breakthroughs we need to secure a sustainable future. This is good for the economy, jobs, health and the planet.
0 notes