Digest...
If you read the business press, you could easily assume that proficiency in social media or online data analytics now determine business success. But consider:
-- > According to a Gallup survey, about 62% of U.S. adults who do use social media say these sites have absolutely no influence on their purchasing decisions.
-- > Even within the active-user segments, there is evidence that comprehension and retention decline significantly when information comes online. There is other evidence that the reported clicks and other alleged user-data on many social media sites are simply unreliable.
-- > Another McKinsey survey, conducted in 2011, found then that the average company with more than 1,000 employees already had more data in its CRM system than in the entire Library of Congress. Those firms undoubtedly have even bigger data now. But is that how growth occurs or, in the absence of measures and objectives, how yet another garbage-in-garbage-out cycle gets going in many firms?
-- > If you peek behind the server farms of online firms themselves, you will find face-to-face and inside sales groups as the engine of profitable growth, and you might be surprised to know the bigger percentage of total employees at firms like Facebook, Google, and Groupon that work in sales, not technology or data mining.
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