“One cannot always oblige; one can, however, always speak obligingly…” says Sri Sathya Sai Baba, Indian spiritual master, which is an exact explanation for the complex role of corporate communication in modern corporations today.
The customer, as the old saying goes, is the king! A king he truly is he believes, that is, till the not-so-charitable mandarins of marketing let him know and make him aware, rather painfully for him, that he is one among the many millions that feel that way, without actually being that way. However, the same mandarins grudgingly acknowledge that a happy customer is a brand’s success, while a delighted customer is a brand’s ambassador. The customer relationship management paradigm – popularly abbreviated as CRM – is built precisely on these pillars. And the customer enjoys a precarious position in this paradigm.
In the concentrated CRM efforts a company often forgets the basic thing that is the cornerstone of the concept… relationship! Traditional marketing theories have always focused on attracting new customers, rather than retaining existing customers. Over the past decade, thanks to intensified competition and greater variety of products, this has gradually altered. The current flavor of marketing is ‘retain’ more than ‘gain’. Because retention leads to growth and growth leads to fulfillment.
In marketing, today, the consumer is treated not as a king but like a mischievous sprite. He is accused – well, almost – of making a brand dance to his wishes and whims. While purists tend to argue that brands need customers and vice versa, modernists counter it by saying that customers need a brand, any brand, so long as the brand is his willing genie. This disproportionate balance shapes brand communication strategies. Positioning per se is no longer a marketer’s tool but rather as an awkward proposition to grab the customer’s fancy. Positioning is not brand or product or benefit or feature-centric anymore; it is customer-centric.
What is then important to establish a relationship between a brand and its customer? In order to build a personal relationship, the brand’s personality has to come through (Michael C Gray, 2006). It will no longer be brand and customer, but simply ‘you’ and ‘I’… a collaboration is well-developed leads to ‘we’, which could be a fulfilling state for a brand and a customer.
Social researchers have always advised marketers that people prefer to do business with people, not institutions or brands. This implies that corporate communication has to be the link that helps to build and maintain a healthy relationship between both stakeholders. Technically there can be several types of regular communication: newsletters, fax messages, voice broadcasts, blogs, sales letters, emails and more.
Communication with customers reflects the following aspects of a relationship.
o Strong culture
o Favorable identity
o Coherent philosophy
o Genuine sense of camaraderie
It may not be instant gratification or affection but effective corporate communication establishes an appropriate and professional relationship with the customer, including quick, responsible channels of two-way communication. Corporate Communication is all about managing perceptions and ensuring that with effective and timely dissemination of information a positive corporate image is created that ensures a smooth and affirmative relationship with all customers, at all times.
Be it a corporate body, company, research institution, non-governmental organisation, PSU, all of them need to have a respectable image and reputation in the eyes of the customer. In today’s day and age of increasing competition, easy access to information and media explosion – reputation management has gained even greater importance. So, corporate communications as a role has become significant and professional in nature while dealing with customers.
Gone are the days when corporate communications merely meant ‘wining and dining the client’; it has now emerged as a science and art of perception management. The concept of managing relationships with customers is as old as trade itself, but the focus has always been to sell products and services (Kotler, Philip, Introduction to Marketing Principles). Competition, driven by globalization and the Internet, has changed the face of business. Customers now have a variety of choices and, most importantly, they are becoming far more knowledgeable and demanding. The power has truly shifted to the customer. With this scenario, most companies realize that they need to treat their customers with more care.
Companies are now desperately searching for different ways to manage their relationships effectively, not only to acquire new customers, but also to retain the existing ones. According to a Harvard Business Review Study by Reicheld & Sasser, some companies can boost their profits by almost 100% by retaining just 5% or more of their existing customers.
Customers express their satisfaction in many ways. When they are satisfied, they mostly say nothing but return again, and again, to buy or use more. Measuring satisfaction is only half the story. It is also necessary to determine customers’ expectations or the importance they attach to different overtures of a brand, otherwise resources could be spent raising satisfaction levels of things that do not matter. The measurement of expectations or importance is more difficult than the measurement of satisfaction. Many people do not know or cannot admit, even to themselves, what is important.
Consumers do not spend their time rationalizing why they do things, their views change and they may not be able to easily communicate or admit to the complex issues in the buying argument. A customer satisfaction index is a snapshot at a point in time. People’s views change continuously and the performance of companies in delivering customer satisfaction is also changing. Measuring satisfaction must be a continuous process. (Paul & Nick Hague, White paper on Customer Satisfaction Surveys, B2B International Ltd.)
Even when experts discuss CRM, the discussion is almost always from the point of view of marketing, sales and business development. Seldom is CRM looked upon as a ‘goal’ that every organization should actively pursue. Often it is looked upon as a tool that every organisation could use. The differences are plenty. And CRM is not an IT function. CRM is more often a function of communication, by the company directly, through an intermediary such as a PR agency or simply through the media.
Successful CRM practices is not about statistics, data warehousing or loyalty programs, rather it is about competing in the relationship dimension-not as an alternative to having a competitive product or reasonable price-but acting as a differentiator in terms of ‘feelings for the customer’, however abstractly – and sometimes absurdly – romantic that may sound. If brands can get an edge based on how customers feel about the brand, it’s a much more sustainable relationship in the long run. This feeling for a brand, as brand theorists prefer to call it is directly proportional to the communication efforts, written words and spoken sentences, that emanate from a company.
Link it to the corporate communication strategy and you will have a direct connect between the company and its customer. The critical dimension of any CRM practice is the relationship that a brand shares with its customers. Using the word customer itself may sound a trifle improper here because ‘customer’ implies that the person is ‘outside’ a relationship. And any relationship is expressed and nurtured by communication.
Almost always marketers try to understand a customer from the marketing perspective, as people who have to be ‘given’ something to retain their loyalty. This naturally places them on a moral (and commercial) pedestal that enables them to look down upon hapless customers as beneficiaries of their largess. In communication parlance this signifies up and down power positions. And in a relationship between equals the power position is not hierarchical. Sometimes the anachronistic social mindset refuses to place the customer on even keel with a brand – and vice versa – painting him as a king, or as an unrealistically greedy pauper.
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