Monday, April 17, 2006

Credibility, continued...

The saga continues... A few years following eGrail/Filenet, I was presented with a Director, then VP Sales opportunity at Zarca Interactive. Zarca is a comprehensive "Software as a Service" (SaaS), Web 2.0 company. They enhance traditional Business Intelligence (BI) and Customer Relationship Management (CRM) solutions by associating attitudinal data (e.g., customer perceptions) with traditional operational information (e.g., transaction data) to drive customer loyalty. For example, if I am a retailer like Target, I not only know what you bought, but I know what influenced you to buy it. With this information business leaders at companies within retail, healthcare, hospitality, energy, financial, and numerous other industries including education and state/local/federal government agencies, are able to make faster, yet more informed and confident decisions.

Zarca's unique solutions and strong sales team led to over 105% growth in 2004 alone. Yet, this pales in comparison to the increases in customer satisfaction and ultimately loyalty achieved by clients. After all, a small increase in loyalty = exponential increase in profitability (more on that later).