Channel Strategy: Framework for Success

| Point of View

Maximizing internal and customer benefits through effective channel management.

The number and type of channels that customers are using has rapidly grown to include the Internet, smartphones and a host of social media options. The result is an increase in possible customer touch points, which presents new opportunities for organizations to interact with their customers.

With the increasing sophistication and empowerment of customers, this trend is driving the need for organizations to use new channels in new ways. However, many organizations have not been successful, experiencing disappointing results due to mismanagement of a new channel or misjudgement of overall channel requirements. This mismanagement can detrimentally affect company results.

Capgemini Consulting advises that a channel strategy designed for customer needs is imperative to ensure channel success.