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<a href="/shar_vanboskirk/10-03-19-do_mobile_coupons_matter" title="Do Mobile Coupons Matter?">Do Mobile Coupons Matter?</a>
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<p class="byLine">Posted by <a href="/shar_vanboskirk">Shar VanBoskirk</a> on the <a href="/interactive_marketing">Interactive Marketing Professionals</a> Blog on March 19, 2010</p>
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<img src="/f/b/analystpix/Shar-Van-Boskirk.gif" alt="Shar VanBoskirk" title="Shar VanBoskirk" width="89" height="89" class="analystPicture" /> <p>
My colleague Julie Ask just published a piece on the reality of mobile coupons in response to questions like “do consumers use mobile coupons?” “should we be developing a mobile coupon offering?” and “what technologies should I adopt to support mobile couponing efforts?” – questions that she and I get asked with some frequency.</p>
<p>
</p>
<p>
I was involved in some of the initial structuring of this report and then also involved in the editing phase. And I would love to recommend it to interactive marketers. Here are the most important takeaways:</p>
<p>
</p>
<ul>
<li>
Consumers like the promise of mobile coupons, but there is not yet mass adoption. Mobile coupons promise to be a convenient way to aggregate customized discounts all in a single place (your mobile phone) that is much easier for storage than say an envelope of clipped paper coupons.</li>
<li>
Mobile coupons appeal to advertisers too, but technology hurdles prevent mass utilization. Advertisers love the idea of being able to offer targeted promotions that are cheaper to deliver and redeem than traditional coupons. But the reality is that scaling redemption technologies and processes at check out is pricey for the limited coupon-using audience today.</li>
<li>
Advertisers should start small mobile coupon trials now. Mobile coupons don’t need to be your top marketing priority for 2010 (that honor goes to paid search, display ad, advanced email and social media) but we do recommend now as a good time to start a trial. Vendors like cellfire can outsource the management and distribution of mobile coupons and offer flexible terms in an effort to sign up new advertisers.</li>
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</p>
<a href="/shar_vanboskirk/10-03-19-do_mobile_coupons_matter" class="readMore arrow">Read more</a> </div>
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<div class="item-list"><h3></h3><ul class="terms terms-inline"><li class="first"><a href="/category/mobile_advertising">Mobile advertising</a></li>
<li><a href="/category/coupons">coupons</a></li>
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<a href="/harley_manning/10-03-19-cxpi_vs_stock_performance" title="CxPi vs. Stock Performance">CxPi vs. Stock Performance</a>
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<p class="byLine">Posted by <a href="/harley_manning">Harley Manning</a> on the <a href="/customer_experience">Customer Experience Professionals</a> Blog on March 19, 2010</p>
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<img src="/f/b/analystpix/Harley-Manning.gif" alt="Harley Manning" title="Harley Manning" width="89" height="89" class="analystPicture" /> <p>
We recently posted the <a href="http://www.customerthink.com/article/return_on_customer_experience_investments"><u>results</u></a> of a <a href="http://www.watermarkconsult.net/"><u>Watermark Consulting</u></a> study that showed a correlation between Forrester’s Customer Experience Index (CxPi) rankings and stock market performance.</p>
<p>
We asked our researcher Andrew McInnes to run the numbers again and see whether they held up to close scrutiny. Here’s what he did:</p>
<ul>
<li>
Reviewed the <a href="http://www.forrester.com/rb/Research/customer_experience_index%2C_2007/q/id/43877/t/2"><u>2007 CxPi rankings</u></a>.</li>
<li>
Identified the 10 highest-ranked public companies (CXP Leaders) and the 10 lowest-ranked public companies (CXP Laggards). </li>
<li>
Calculated the average annual total returns of the Leader group and the Laggard group</li>
<li>
Compared the results for each group to the S&P 500 index for years 2007 – 2009.</li>
</ul>
<p>
<br />
<strong>Andrew’s analysis confirmed Watermark’s findings: The customer experience leaders consistently outperformed the other two groups; the customer experience laggards consistently fell short.</strong></p>
<p>
<img alt="" src="/f/b/users/RGANS/blog.JPG" style="width: 720px; height: 450px" /></p>
<p>
Does this prove that good customer experience leads to good stock performance (or that the CxPi picks hot stocks)? No. Stock performance relies on many factors, including human irrationality.</p>
<p>
However, the correlation does highlight a relationship we all intuitively understand: Companies that treat their customers well perform better than companies that don’t. (And it sure looks like treating your customers poorly is a very bad idea, especially in an economic downturn.)</p>
<a href="/harley_manning/10-03-19-cxpi_vs_stock_performance" class="readMore arrow">Read more</a> </div>
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<div class="item-list"><h3></h3><ul class="terms terms-inline"><li class="first last"><a href="/category/cxpi">CxPi</a></li>
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<a href="/reineke_reitsma/10-03-19-data_digest_online_payment_preferences_international_markets" title="The Data Digest: Online Payment Preferences In International Markets">The Data Digest: Online Payment Preferences In International Markets</a>
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<p class="byLine">Posted by <a href="/reineke_reitsma">Reineke Reitsma</a> on the <a href="/market_research">Consumer Market Research Professionals</a> Blog on March 19, 2010</p>
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<img src="/f/b/analystpix/Reineke-Reitsma.gif" alt="Reineke Reitsma" title="Reineke Reitsma" width="89" height="89" class="analystPicture" /> <p>
I've been analyzing consumer technology uptake for years — helping retailers, for example, understand the barriers to and drivers of online buying behavior. <a href="http://www.forrester.com/rb/data/consumertechno.jsp">Forrester's Technographics® research</a> shows that preferred online payment methods differ greatly between countries, and companies need to understand this complexity of payment options and how that affects consumer behavior.</p>
<p>
Unlike in North America, where the top payment methods tend to be similar in the countries surveyed (the US and Canada), the payment preferences of online buyers in Europe differ both between countries and from their North American counterparts. For example, the popularity of prepaid cards is unique to Italy: Roughly a third of Italian online users have taken advantage of prepaid cards. Global organizations need this detailed understanding of consumer payment preferences across markets in order to be successful internationally.</p>
<p>
For more information: This week, Forrester published a report called “<a href="http://www.forrester.com/rb/Research/understanding_online_payment_preferences_in_international_markets/q/id/56585/t/2">Understanding Online Payment Preferences In International Markets</a>” that examines consumers' preferred payment methods in North America, Europe, and Asia Pacific to help eBusinesses identify opportunities for payment localization.</p>
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<img alt="Preferred payment options globally" src="/f/b/users/RREITSMA/global payment offerings.gif" style="width: 632px; height: 561px;" /></p>
<a href="/reineke_reitsma/10-03-19-data_digest_online_payment_preferences_international_markets" class="readMore arrow">Read more</a> </div>
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<div class="item-list"><h3></h3><ul class="terms terms-inline"><li class="first"><a href="/category/data_digest">The Data Digest</a></li>
<li><a href="/category/payment_preferences">payment preferences</a></li>
<li><a href="/category/global_insights">global insights</a></li>
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<a href="/joseph_stanhope/10-03-18-google_announces_plans_offer_google_analytics_opt_out" title="Google announces plans to offer Google Analytics Opt-Out">Google announces plans to offer Google Analytics Opt-Out</a>
</h2>
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<p class="byLine">Posted by <a href="/joseph_stanhope">Joseph Stanhope</a> on the <a href="/customer_intelligence">Customer Intelligence Professionals</a> Blog on March 18, 2010</p>
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<img src="/f/b/analystpix/Joe-Stanhope.gif" alt="Joseph Stanhope" title="Joseph Stanhope" width="89" height="89" class="analystPicture" /> <p>
I was on client calls most of the day, and when I came up for air in the afternoon to check my RSS reader and Tweetdeck to see what what going on in the world I made a fascinating discovery. Like many of you I came across the following post from the Google Analytics Blog:</p>
<p>
<a href="http://analytics.blogspot.com/2010/03/more-choice-for-users-browser-based-opt.html">http://analytics.blogspot.com/2010/03/more-choice-for-users-browser-based-opt.html</a></p>
<p>
This was most unexpected, and my Thursday suddenly got alot more interesting.</p>
<p>
Before we go any further let me state that I have not been briefed by Google on this news item. This post is purely based on my own initial thoughts on the matter.</p>
<p>
The blog post announces Google's plans to release a browser plug-in that would allow consumers to opt-out of Google Analytics tracking. This offering is still in development, and the post offers no specifics on the release date, although it implies that this is only weeks away.</p>
<p>
(Side note: It is also interesting to note the language used in the post. The post leads with "As an enterprise-class web analytics solution..." This isn't a surprising or entirely inappropriate assertion, but it strongly implies Google's aspirations for GA.)</p>
<p>
There are many reasons why Google's course of action is counterintuitive. Naturally, the marketer in me recoils at the idea of voluntarily allowing measurable data to slip through our hands. Rationalizing web analytics data is already hard enough, and now this? And we can certainly debate the true privacy impact of web analytics on consumers. </p>
<a href="/joseph_stanhope/10-03-18-google_announces_plans_offer_google_analytics_opt_out" class="readMore arrow">Read more</a> </div>
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<div class="item-list"><h3></h3><ul class="terms terms-inline"><li class="first"><a href="/category/web_analytics">Web analytics</a></li>
<li><a href="/category/marketing_measurement">Marketing Measurement</a></li>
<li class="last"><a href="/category/google">Google</a></li>
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<a href="/vidya_drego/10-03-18-qagency_effectiveui" title="Q&Agency: EffectiveUI">Q&Agency: EffectiveUI</a>
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<p class="byLine">Posted by <a href="/vidya_drego">Vidya Drego</a> on the <a href="/customer_experience">Customer Experience Professionals</a> Blog on March 18, 2010</p>
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<img src="/f/b/analystpix/Vidya-Lakshmipathy.gif" alt="Vidya Drego" title="Vidya Drego" width="89" height="89" class="analystPicture" /> <p>
Welcome to Q&Agency! Each week, I get to talk to agencies small and large and get to hear (in their words) what differentiates them and the experiences they create. To help bring some of that information to you, I plan to showcase an ongoing series of interviews with small to mid-size interactive and design agencies. If you'd like to see your agency or an agency you work with here, let me know!</p>
<p>
On March 16th, I talked with Rebecca Flavin, CEO and Peyton Lindley, Executive Director of UX Design and Technology at EffectiveUI. Although they were both busy at SXSW, they were kind enough to chat with me. Edited excerpts from that conversation follow.</p>
<p>
</p>
<p>
<strong>Forrester: Tell me a little bit about EffectiveUI?</strong></p>
<p>
<strong>Rebecca: </strong>EffectiveUI is a full service user experience agency based in Denver, Colorado with offices in Rochester, New York and Vancouver, British Columbia. We specialize in the custom design and development of Web, desktop, and mobile applications with a zealous focus on driving user adoption and loyalty. We primarily work with Fortune 1000 and enterprise companies across multiple industry verticals. Our team is passionate about improving the quality of people’s lives through their interactions with technology and brands.</p>
<p>
<strong>Forrester: What’s your elevator pitch?</strong></p>
<a href="/vidya_drego/10-03-18-qagency_effectiveui" class="readMore arrow">Read more</a> </div>
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<div class="item-list"><h3></h3><ul class="terms terms-inline"><li class="first"><a href="/category/web_site_design">Web Site Design</a></li>
<li><a href="/category/usability_and_design">Usability and design</a></li>
<li><a href="/category/effectiveui">EffectiveUI</a></li>
<li><a href="/category/customer_experience">Customer Experience</a></li>
<li class="last"><a href="/category/agencies">Agencies</a></li>
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<a href="/sonal_gandhi/10-03-18-how_make_great_music_app" title="How to make a great music app">How to make a great music app</a>
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<p class="byLine">Posted by <a href="/sonal_gandhi">Sonal Gandhi</a> on the <a href="/consumer_product_strategy">Consumer Product Strategy Professionals</a> Blog on March 18, 2010</p>
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<img src="/f/b/analystpix/Sonal_Gandhi.gif" alt="Sonal Gandhi" title="Sonal Gandhi" width="89" height="89" class="analystPicture" /> <p>
Mobile apps are all the rage these days in the music industry circles and justifiably so. Sales of traditional console-based music games have dropped significantly, but <a href="http://www.forrester.com/rb/Research/is_honeymoon_over_for_music_and_video/q/id/56347/t/2">music and gaming still do make great partners</a>. And while people’s interest in paying for music is waning, paying for apps is a growing phenomenon. Universal music’s newly launched “Six Strings” music app for iphone/itouch is case in point. The question now is not whether the industry should invest in iPhone apps but what is the best way to do so.</p>
<p>
For an answer to that question let’s examine the current most successful paid music app on iTunes - I am T-pain. “I am T-pain” allows users to record their version of the T-pain song into iTunes and auto-tune it. Here’s why I think the app is successful –</p>
<p>
<strong>The game is engaging to all levels of gamers and music fans –</strong> Most people can sing an out-of tune song into a micro phone. Since the app is not very challenging it attracts a wider range of individuals and then the instrument simulation apps such as Six Strings would.</p>
<p>
<strong>It allows user to share the experience and be social – </strong>Once you have auto-tuned your voice you can upload it to your Facebook, Myspace or email it to your friends. You can also check out the best auto-tuned songs that others have uploaded. Unlike other social games this app however is not really about competition and music apps don’t have to be.</p>
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<div class="item-list"><h3></h3><ul class="terms terms-inline"><li class="first"><a href="/category/music">Music</a></li>
<li class="last"><a href="/category/mobile_content">Mobile content</a></li>
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<a href="/mark_mulligan/10-03-18-universal_music_drops_cd_price_10_first_take" title="Universal Music Drops CD Price to $10: First Take">Universal Music Drops CD Price to $10: First Take</a>
</h2>
<div class="meta">
<p class="byLine">Posted by <a href="/consumer_product_strategy/mark_mulligan/index.html">Mark Mulligan</a> on the <a href="/consumer_product_strategy">Consumer Product Strategy Professionals</a> Blog on March 18, 2010</p>
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<img src="/f/b/analystpix/Mark-Mulligan.gif" alt="Mark Mulligan" title="Mark Mulligan" width="89" height="89" class="analystPicture" /> <p>
At last! One of the majors finally takes the brave but long over due move to slash CD prices (<a href="http://www.billboard.biz/bbbiz/content_display/industry/e3i56ed42b9a46f855415a0ab89e3d33dde">UMG has announced it will be reducing prices to just $10 for frontline CDs in the US)</a>. There have been experiments with CD price drops for the last few years. Finally we see some marketplace movement.</p>
<p>
</p>
<p>
The simple fact is that CDs are perceived to be too expensive for many consumers. CD price changes will bring some much needed momentum back to CD sales but – and it’s a crucial ‘but’ – it won’t halt the decline. Instead it will slow the prolonged demise. The CD is a dying music product format, but it has some life left in it because downloads haven’t generated the format replacement they were expected to. With all previous music formats the successor format was firmly in the ascendancy by the time its predecessor was in terminal decline (see chart below). So until the online marketplace gets its act together there’s a stay of execution for the CD. And the labels need this breathing space, because the core impact of online’s under performance is that the CD paradoxically remains the bedrock of revenue.</p>
<p>
</p>
<p>
There’s still more distance to go with CD pricing though. The next crucial step is tiered products with a basic product at c $5, the standard at $10 and the deluxe at $15. We’re some way off that becoming reality, but it will - and must - happen some time in the next few years if maximum extended life is to be squeezed out of the shiny little disc.</p>
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<img alt="" src="/f/b/users/MMULLIGAN/music_formats.GIF" style="width: 800px; height: 577px;" /></p>
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<a href="/shar_vanboskirk/10-03-18-my_return_email_marketing" title="My Return To Email Marketing">My Return To Email Marketing</a>
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<p class="byLine">Posted by <a href="/shar_vanboskirk">Shar VanBoskirk</a> on the <a href="/interactive_marketing">Interactive Marketing Professionals</a> Blog on March 18, 2010</p>
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<img src="/f/b/analystpix/Shar-Van-Boskirk.gif" alt="Shar VanBoskirk" title="Shar VanBoskirk" width="89" height="89" class="analystPicture" /> <p>First of all, let me welcome you to Forrester's new blogging platform. Hopefully you'll find this blogging environment an easy way to access our blog-worthy ideas and community comments</p>
<p>Next, I wanted to officially announce (drum roll please) that I am back leading Forrester's email marketing research. Some of you may know that I did a lot of work in email marketing until 2007 when Julie Katz took the helm, joined subsequently by David Daniels following Forrester's acquisition of Jupiter. I'm excited to be back in the space and already have a stream of research underway.</p>
<p>First up is a piece on how the recession has affected consumer attitudes toward email marketing.<br />
Then next quarter look for three pieces:<br />
*One on the integration of email and social media<br />
*Another updating our email marketing review methodology. See <a href = "http://www.forrester.com/rb/Research/humanize_email_marketing/q/id/40749/t/2"> here </a> for the older version.<br />
*And then the third doing a best and worst of email marketing. This piece is also an update of some similar <a href = "http://www.forrester.com/rb/Research/best_and_worst_of_email_marketing_in/q/id/39564/t/2"> research </a> we did here a few years ago.</p>
<p>What email marketing research would you like to see from us? I'd love to include your ideas in my research plan.</p>
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<a href="/carrie_johnson/10-03-17-ebusiness_leaders_are_optimistic_about_2010" title="eBusiness Leaders are Optimistic about 2010">eBusiness Leaders are Optimistic about 2010</a>
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<p class="byLine">Posted by <a href="/carrie_johnson">Carrie Johnson</a> on the <a href="/ebusiness_strategy">eBusiness & Channel Strategy Professionals</a> Blog on March 17, 2010</p>
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<img src="/f/b/analystpix/Carrie-Johnson.gif" alt="Carrie Johnson" title="Carrie Johnson" width="89" height="89" class="analystPicture" /> <p>
No one that manages a P&L will ever look back at 2009 and say "what a fun year!" eBusiness executives are certainly glad to have 2009 behind them and report to us that 2010 is not as fraught with economic concerns. We just <a href="http://www.forrester.com/rb/Research/trends_2010_ebusiness_optimism_rises_from_2009/q/id/56398/t/2">published the results of our most recent survey </a>of 100 eBusiness and Channel Strategy executives and found that although overall budgets for eBusiness aren't increasing that dramatically, our respondents aren't feeling the heat to cut back like they were last year. </p>
<p>
Even better, our survey respondents are increasing their budget for new innovation and technology. In 2010, the percentage of the online budget dedicated to new investment and innovation is expected to increase or significantly increase at 52% of firms. Hooray! It's a battle cry for all eBusiness execs to step up their games, and for senior executives in their firms to step up their commitment to and support of the channel. Spending (by our respondents) will focus on analytics and then ratings and review platforms.</p>
<p>
Analytics have been a constant in our surveys, and ratings and reviews don't surprise us. Social media is hard for eBusiness execs to get their heads around because many social efforts clearly drive marketing objectives like brand engagement, but the impact on actual sales and conversion is fuzzier. Ratings and reviews are a clearer conversion tool for retailers in particular. My colleague <a href="http://www.forrester.com/rb/analyst/brad_strothkamp">Brad Strothkamp</a> wrote a <a href="http://blogs.forrester.com/brad_strothkamp/10-03-16-usaa_proves_value_web_site_ratings_and_reviews_financial_services">blog post</a> though about the use of ratings and reviews in financial services, which is not nearly as black and white an issue. </p>
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<a href="/tamara_barber/10-03-17-three_key_considerations_social_media_market_research" title="Three Key Considerations On Social Media For Market Research">Three Key Considerations On Social Media For Market Research</a>
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<p class="byLine">Posted by <a href="/tamara_barber">Tamara Barber</a> on the <a href="/market_research">Consumer Market Research Professionals</a> Blog on March 17, 2010</p>
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<img src="/f/b/analystpix/Tamara-Barber.gif" alt="Tamara Barber" title="Tamara Barber" width="89" height="89" class="analystPicture" /> <p>
For my current research on social media and market research, I’m interested in listening platforms (and the text analysis that’s usually packaged with them) for the purposes of mining the social Web – be it on blogs, open community sites, social networks or the like. </p>
<p>
There’s a lively debate around the value of social media listening for market research, and there are many people willing to share their opinion. Last week, I attended a Webinar on this very subject, hosted by <a href="http://www.peanutlabs.com/peanutlabs/" target="_blank">Peanut Labs</a>, with multiple guest speakers from the industry. Here are some of the key points that market researchers should consider when assessing the need for – and effort in -- social media research. </p>
<p>
<strong>“Process and methods need to be developed to make social media data be another source for Marketing Research” --</strong> From Jean Davis, co-founder of <a href="http://www.conversition.com/" target="_blank">Conversition</a>, and former president of Ipsos Online, North America. <em>This</em><em> means: Platforms need to be created with the market researcher in mind. They must be able to reliably sift through online conversations to sort out low-quality data; apply weighting schemes to that data reflects that true share of volume that different sources have online; and create constructs so that data from social media can be proxied to represent common measures such as five-point scales and top-two boxes. </em></p>
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