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	<title>Strategy &#8211; Tobias Lassen Falkencrone</title>
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	<description>&#34;Make the customer the hero of your story&#34;</description>
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		<title>Why a digital strategy is a customer strategy</title>
		<link>http://falkencrone.com/why-a-digital-strategy-is-a-customer-strategy/</link>
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		<pubDate>Sat, 29 Aug 2015 12:12:14 +0000</pubDate>
				<category><![CDATA[Branding]]></category>
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		<category><![CDATA[Strategy]]></category>
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		<guid isPermaLink="false">http://falkencrone.com/?p=166</guid>

					<description><![CDATA[<p>It is critical that you design your digital strategy around your customer While customer experience is a key business driver for any company, few have yet to understand that, in the digital age, when customers can instantly access swathes of information about a company and its competitors, it has become fundamental to obtaining a real,... </p>
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										<content:encoded><![CDATA[<h2>It is critical that you design your digital strategy around your customer</h2>
<p>While customer experience is a key business driver for any company, few have yet to understand that, in the digital age, when customers can instantly access swathes of information about a company and its competitors, it has become fundamental to obtaining a real, sustainable, competitive advantage in a rapidly changing marketplace. With clients’ expectations becoming much more demanding, it is essential for any business to think with the customer at the centre when making any business decision.</p>
<p><a href="http://ift.tt/1KjLhs7"><img loading="lazy" src="http://ift.tt/1NTSQ7Z" alt="customer centric marketing" width="640" height="436" /></a></p>
<p>Plenty of corporate strategies talk about the benefits of being customer-centric, but so far, few are realising its potential. This can only be reached by placing the customer at the heart of every stage of your digital strategy, and that ultimately means changing how you do business through the following six steps:</p>
<h4>Define the target audience</h4>
<p>A digital strategy should start off with a clear understanding of who the audience is. Building personas and segments into the programme ensures your content will be relevant to the customer. Your digital strategy needs to be informed by a shared understanding of who your customers are, how they perceive the interactions they’re having with your company today, and what they want and need from your company in the future.</p>
<h4>Learn</h4>
<p>This is all about getting customer feedback on your company as they experience it now, and what they want and need in the future. Listening to the customer allows you to develop the content and process accordingly.</p>
<h4>Align</h4>
<p>Teams must be aligned to give the customer a consistently high standard across all departments, from marketing to sales and customer management. This is known as a “single customer view” and is especially important in the digital age with numerous channels of communication available.</p>
<h4>Map</h4>
<p>To achieve a single customer view, it is vital to use the tools now available to map each customer journey throughout the customer lifecycle. This will allow you to understand how to best guide each customer through the process of interacting with your brand online.</p>
<h4>Transform</h4>
<p>It is essential that your strategy is actually a company-wide strategy, and not simply a silo in marketing. A conscious culture shift needs to take place at every level, to reach a point where the customer is central to all aspects of the business.</p>
<h4>Measure</h4>
<p>Data can be used to ensure that everything from the customer’s first click, through to becoming a loyal customer, is carefully and usefully analysed, with all the necessary tools, measures and people in place to monitor and ultimately improve performance.</p>
<p>Changing the way you do business to make your digital strategy truly customer-centric is no simple task, requiring a shift in priorities and careful planning. But it will undoubtedly pay off, giving you that competitive edge to reap dividends many times over for the foreseeable future.</p>
<p>&nbsp;</p>
<div> Thanks to <a href="http://ift.tt/1KjLhsd">Mark Donkin</a> for sharing his advice and opinions in this post. Mark is Managing Director at of <a href="http://ift.tt/18tGc0s">SuccessFlow</a>. Y</div>
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<p><img loading="lazy" src="http://ift.tt/1KMSmxh" alt="" width="1" height="1" /></p>
<p>The post <a rel="nofollow" href="http://falkencrone.com/why-a-digital-strategy-is-a-customer-strategy/">Why a digital strategy is a customer strategy</a> appeared first on <a rel="nofollow" href="http://falkencrone.com">Tobias Lassen Falkencrone</a>.</p>
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		<title>Go MOBILE or go home..</title>
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		<dc:creator><![CDATA[CPHT77]]></dc:creator>
		<pubDate>Mon, 02 Mar 2015 15:05:13 +0000</pubDate>
				<category><![CDATA[Advertising]]></category>
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					<description><![CDATA[<p>&#160; Now this is most likely something that most of us already know to some extent. The scale and impact is non the less incredibly relevant and interesting and as such deserves repetition.. Online streaming of video content and networking on various social platforms are monopolizing mobile attention, according to Ericsson’s Mobility Report. Sixty plus percent... </p>
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										<content:encoded><![CDATA[<p>&nbsp;</p>
<div style="width: 353px" class="wp-caption alignright"><img loading="lazy" class="" src="https://hugin.info/1061/I/1896760/71877.jpg" alt="" width="343" height="391" /><p class="wp-caption-text">Mobile traffic</p></div>
<p>Now this is most likely something that most of us already know to some extent. The scale and impact is non the less incredibly relevant and interesting and as such deserves repetition..</p>
<p>Online streaming of video content and networking on various social platforms are monopolizing mobile attention, according to Ericsson’s <a href="http://www.ericsson.com/news/1896760" target="_blank">Mobility Report</a>.</p>
<p>Sixty plus percent of mobile traffic now comes from the top five applications in any given market—in the U.S. they’re Facebook, YouTube, Netflix, Instagram and Snapchat, respectively.  2014 was also the first time that more people watched streamed video content than broadcast TV</p>
<p>The impact on marketing and adverting is significant. By 2018, $118 billion of the $150 billion global ad market will come from mobile, according to eMarketer <a href="http://mashable.com/2014/12/10/mobile-ad-spending-dominate-world/" target="_blank">projections</a>. The challenge of smartphones is creating content that is easily viewed and optimized for small screens. The mobile aspect of social networking also creates an opportunity for brands, particularly when integrated with location-sensitive functions on phones. Think native or programmatic advertising that can be personalised, and responsive to location. Certainly a shift that will have significant impact on all areas of the industry, from media agencies, to creative agencies to content producers.</p>
<p><em>Image taken from: <a href="http://www.ericsson.com/news/1896760" target="_blank">Ericsson</a></em></p>
<p>The post <a rel="nofollow" href="http://falkencrone.com/go-mobile-or-go-home/">Go MOBILE or go home..</a> appeared first on <a rel="nofollow" href="http://falkencrone.com">Tobias Lassen Falkencrone</a>.</p>
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		<title>Get Buy-in for Your Global Strategy with Local Partners</title>
		<link>http://falkencrone.com/get-buy-in-for-your-global-strategy-with-local-partners/</link>
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		<dc:creator><![CDATA[CPHT77]]></dc:creator>
		<pubDate>Wed, 19 Nov 2014 14:51:08 +0000</pubDate>
				<category><![CDATA[Branding]]></category>
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					<description><![CDATA[<p>Some great insights from Kip Knight at HBR here.. &#8211; // &#8211; I never considered myself an “ugly American,” but my UK colleagues apparently thought otherwise. Just before I moved to the UK to head up marketing for KFC International in Europe and Africa, Pepsico had bought out our joint venture partner in the UK. I was... </p>
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										<content:encoded><![CDATA[<p>Some great insights from <a href="https://hbr.org/search?term=kip+knight">Kip Knight</a> at HBR here..</p>
<p>&#8211; // &#8211;</p>
<p><em>I never considered myself an “<a href="http://en.wikipedia.org/wiki/The_Ugly_American">ugly American</a>,” but my UK colleagues apparently thought otherwise.</em></p>
<p><em>Just before I moved to the UK to head up marketing for KFC International in Europe and Africa, Pepsico had bought out our joint venture partner in the UK. I was part of the new management team that was going to try to turn around a 60-year-old business that had been declining for 10 years.</em></p>
<p><em>Because most of the UK KFC system was franchised, it was important to win our franchisees over to a new brand strategy we had been planning before the acquisition took place. I put a lot of work into getting ready for my initial pitch to the UK franchisees, some of which had been involved in the business their entire career.</em></p>
<p><em>In my presentation, I did a quick review of the financial mess we were in, laid out three big strategic consumer initiatives needed to turn the business around and made a passionate plea for them to work with me to make this happen. They asked for some time to talk among themselves. I left the room. Finally, Keith, the head of the franchise group, came out to deliver their verdict.</em></p>
<p><em>He started with the good news. “Kip, we like you, and we like what you are recommending. You’ve got our support.” I breathed a big sign of relief. Then Keith continued, “But I want you to remember the people in that room have spent their life building this business. Even though it’s in trouble, we’re not stupid. And if you ever come here again and treat us like we are stupid, this relationship is officially over.”</em></p>
<p><em>That was a valuable lesson.</em></p>
<p><em>During my career, I’ve worked on adapting global brand strategies in 65 different countries, and I’ve learned three principles about how to do this well.</em></p>
<p><em><strong>Show respect for your global partners in everything you do.</strong> You would think this would be stating the obvious, but I’m shocked at the number of ex-pats, unfortunately including way too many Americans, who totally blow their chances of success in the early days of a new international assignment by violating this principle. Stephen Covey’s <a href="https://www.stephencovey.com/7habits/7habits-habit5.php">advice</a> to “seek first to understand, then be understood” absolutely applies to working with teams around the world to expand a brand from one market to another. For example, I created a “Helping Hand” award at KFC-International given each quarter to a country team that went “above and beyond” to help an emerging market team. This simple and free peer recognition was remarkably effective at fostering a spirit of mutual respect in all our markets.</em></p>
<p><em><strong>Be clear about “negotiables” and “non-negotiables” for the brand.</strong> Some non-negotiables are crystal clear, such as your trademark, logo and core products (for KFC, that would include the Original Recipe). If you allow the local team to have flexibility about as many issues as possible, the more they will feel they own the finished product. For example, eBay allowed local market units to decide on the categories they wanted to focus on initially and how they wanted to promote them with buyers and sellers. With H&amp;R Block India, we focused more on the Internet-based services and only built a nominal number of retail locations, the exact opposite of our U.S. strategy. By being collaborative and flexible in how you enter a new market, your odds of success go up dramatically.</em></p>
<p><em><strong>Understanding the “why” is a lot more important than the “what” for a global brand strategy.</strong> When I came back to the United States to manage the global KFC brand, my new boss asked me to travel around the world and meet with the various teams to develop a global strategy and initiatives. When I returned after six weeks on the road, I told him we were in big trouble unless we figured out a better way to explain the importance and rationale for such strategies to everyone. That led to the creation of the KFC Global Marketing College, which brought in teams from around the world for exactly that purpose. While it took several years for this to have a significant business impact, once we had a critical mass of teams that believed in our global strategy, there was no stopping them. KFC International has since grown from a $2 billion to a $14 billion business.</em></p>
<p><em>The principles I’ve outlined can apply to any business with international expansion aspirations, whether you’re aiming for two countries or two hundred. If you treat your global business partners with the proper respect, give them the insight into your brand strategy they need, and let them implement it as they see fit, odds are that strategy will succeed.</em></p>
<p>&nbsp;</p>
<p>(source:  https://hbr.org/2014/10/get-buy-in-for-your-global-strategy-with-local-partners  )</p>
<p>The post <a rel="nofollow" href="http://falkencrone.com/get-buy-in-for-your-global-strategy-with-local-partners/">Get Buy-in for Your Global Strategy with Local Partners</a> appeared first on <a rel="nofollow" href="http://falkencrone.com">Tobias Lassen Falkencrone</a>.</p>
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