Making It Personal

Making It Personal

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by Bruce Kasanoff
     
 

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At what point do personalization and privacy clash? Are there limits to how personal a company can get? Who owns personal information? To what extent should technology be constrained by social factors? In Making It Personal, business technology and strategy expert Bruce Kasanoff offers a mission- critical briefing for anyone who wants to know how to profit from

Overview

At what point do personalization and privacy clash? Are there limits to how personal a company can get? Who owns personal information? To what extent should technology be constrained by social factors? In Making It Personal, business technology and strategy expert Bruce Kasanoff offers a mission- critical briefing for anyone who wants to know how to profit from personalization without crossing the line. Drawing from a wide array of primary sources, Kasanoff explores the cultural, political, legal, and technological dimensions of personalization and how they play out in the corporate environment. Making It Personal offers a unique, multidimensional perspective to a phenomenon that is revolutionizing business and will play out in dramatic fashion in the years to come.

Editorial Reviews

Publishers Weekly
In Making It Personal: How to Profit from Personalization without Invading Privacy, Bruce Kasanoff, founder of the consulting site HowPersonal.com, advises business execs on how to win customers via personalization, or "when companies use technology to treat individuals like, well, individuals." First and foremost, he says, companies must modify indiscriminate telemarketing, mass mailing and other often invasive marketing practices. Zeroing in on psychological, legal and financial aspects of interactions between individuals and enormous corporations, Kasanoff has high hopes for a dynamic that will satisfy both parties: individuals will feel taken care of and remembered (e.g., once they give their personal information to a company, they won't have to go through that rigmarole again); companies will win loyal customers and won't waste resources (e.g., having their telemarketers hung up on). Businesses looking for slicker approaches in today's iffy economy will appreciate this cutting-edge advice. ( Dec.) Copyright 2001 Cahners Business Information.

Product Details

ISBN-13:
9780738207797
Publisher:
Basic Books
Publication date:
11/01/2002
Edition description:
REPRINT
Pages:
240
Product dimensions:
0.55(w) x 6.00(h) x 9.00(d)

What People are saying about this

Lisa Hammitt
A cautionary tale, this book serves both those who enable personalization and those who are effected by it.
— Lisa Hammitt, CEO, Black Pearl
Scott A. Martin
This book offers a fresh perspective into what it takes for a company to profit.
— Scott A. Martin, Founder and President, The Personalization Consortium, ad VP, CRM and Alliances, Critical Mass
Jim Sterne
Utterly absorbing, surprisingly entertaining and remarkably compelling, it just may be the most practical and important book on privacy written.
— Jim Sterne, Web marketing maven and author of World Wide Web Marketing, 3rd Edition
Pehong Chen
Kasanoff makes a compelling case that personalization is not a marketing fad, but rather a fundamental change in business.
— Dr. Pehong Chen
Chris Locke
Kasanoff understands better than anyone I know how a company can find the right balance of personalization, privacy and profits.
— Chris Locke, author of Gonzo Marketing and co-author of The Cluetrain Manifesto
George Day
Kasanoff forces us to confront the potential conflicts between personalization strategies and employee-customer privacy, giving us valuable ways to handle dilemmas.
— George Day, professor at The Wharton School and author of Market Driven Organization

Meet the Author

Bruce Kasanoff is an expert on personalization, customer relationship marketing, and business technology. One of the original partners of the Peppers and Rogers Group, the world's foremost authority on one-to-one marketing, he is founder of the on-line newsletter Inside Privacy. Also a popular speaker, commentator, and consultant, he lives with his family in Westport, Connecticut.

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Making It Personal 5 out of 5 based on 0 ratings. 1 reviews.
Guest More than 1 year ago
There are very few books on the personalization issue so far. This is one of them. And it's very good. The central DILEMMA of Kasanoff's book is this: No one can enjoy the benefits of personalization if he is not willing to share the personal information necessary to make those benefits possible. And yet, by sharing that information, the person is risking his privacy in the bargain. And the issue is much more complicated than most publications suggest: 'Just as different customers have different needs from your business, different people have different levels of sensitivity with respect to protecting their own privacy'. Kasanoff refers to a story that we have all already heard, but this time it has a different ending: 'We would all like to get back to the old-fashioned service where you return to your local merchant and he remembers that you buy large white eggs and that you like a special kind of fabric. But we wouldn't think so wistfully about this type of relationship if the merchant had run off and shared intimate details of your life with the blacksmith, the saloon owner, and the dressmaker'. Here are the four primary INDIVIDUAL BENEFITS OF PERSONALIZATION: 1. SAVE TIME: Eliminate repetitive tasks; remember transactional details; and recognize habits. 2. SAVE MONEY: Prevent redundant work; eliminate service components unnecessary to the person; identify lower cost solutions that meet all other specifications. 3. BETTER INFORMATION: Provide training; filter out information not relevant to a person; provide more specific information that is increasingly relevant to a person's interests; increase the reliability of information; replace 'average' information with information specific to that person's environment. 4. ADDRESS ONGOING NEEDS, CHALLENGES, OR OPPORTUNITIES: Provide one-stop services; allow flexibility in work hours, job responsibilities, and benefits; accommodate unique personal preferences; recognize and reward achievement with special treatment. Here are 11 WAYS TO MAKE IT PERSONAL, i.e. this is how a firm can deliver the benefits of personalization: 1. COMBINE: Merge information a person already has with that of others, to provide additional insights. 2. COMPARE: Show how prices, quality, or specifications of one option match up to others. 3. CONNECT: In most large firms, data exist in 'silos' or departments. Firms can connect this data, providing a more accurate picture of the firm's interactions with that person. The flip side of this is that connecting previous disparate data removes a level of privacy. 4. EXPLAIN: Clarify how, when, or why to use a product or service, or to perform a task, precisely when a person needs such help. 5. FIND: Locate a person, product, or service based on supplied specifications. 6. MONITOR: Track the status of events, news, or actions of others. 7. RECOMMEND: Suggest a course of action based on historical data, the current environment, or predictive models. 8. REMEMBER: Most people are still more frustrated about what firms forget about them than what they remember. Mantra: 'Never make a customer tell us the same thing twice'. 9. REVEAL: Highlight a pattern or conclusion that was not previously evident. 10. SORT: Change the order or grouping of information, making it easier for people to see patterns. 11. TRIGGER: Prompt an action when certain criteria are met, such as the purchase of an item when its price falls below $150. Finally, Kasanoff suggests that by making two changes in the ways employees are compensated; any company can simultaneously become more profitable and achieve the right balance between privacy and personalization. Change #1: COMPENSATE EMPLOYEES TO SATISFY MORE NEEDS OF EXISTING CUSTOMERS. In Kasanoff's experience - and I agree -, most privacy abuses stem from efforts by firms to use personal information to acquire new customers, not to better serve existing customers. Change #2: DEVELOP MODUL