Session 374 Find Your Voice - SPLICE Software · Session 374 Find Your Voice: Using Data & AI...

Preview:

Citation preview

#IASA2018 1

Session 374Find Your Voice: Using Data & AI to Improve Customer Experience

Tara Kelly, President & CEO

Sherif Gemayel, President

#IASA2018 2

• Challenges for Consumers in Customer Experience

• Challenges for Insurers in Customer Experience

• The Insurance Customer Journey

• The Power of Voice

• Implementation of Voice at Sharp Insurance

• Pitfalls to Avoid in Implementing Voice First Strategies

• Q&A

Agenda

#IASA2018 3

Challenges for Consumers in Customer Experience

#IASA2018 4

Consumers see value in engagement…

Source: Marketo, “The State of Engagement”, 2017

#IASA2018 5

…but they don’t think it’s done well.

Source: Marketo, “The State of Engagement”, 2017

#IASA2018 6

Most think their personal data should be integrated.

Source: Marketo, “The State of Engagement”, 2017

#IASA2018 7

Only a quarter think providers understand them…

Source: Marketo, “The State of Engagement”, 2017

#IASA2018 8

…and even fewer think they are innovative.

Source: Marketo, “The State of Engagement”, 2017

#IASA2018 9

Consumers WANT to be advocates.

Source: Marketo, “The State of Engagement”, 2017

#IASA2018 10

Challenges for Insurers in Customer Experience

#IASA2018 11

#1: The need to take a digital-first approach

Source: PwC top Issues, 2018

#IASA2018 12

#2: Exploring the possibilities of core transformation

Source: PwC top Issues, 2018

#IASA2018 13

#3: Privacy & data protection concerns

Source: Deloitte 2018 Insurance Outlook

#IASA2018 14

#4: Use of Artificial Intelligence will drive competitive pricing

Source: Deloitte 2018 Insurance Outlook

#IASA2018 15

#5: The impact of InsurTech

Source: Deloitte 2018 Insurance Outlook

#IASA2018 16

The evolving customer journey

#IASA2018 17

The evolving customer journey

#IASA2018 18

The evolving customer journey

#IASA2018 19

The Insurance Customer Journey

#IASA2018 20

The Power of Voice

Use of Voice is rising…

Source: Google/Northstar2014

#IASA2018 21

…in both search…

Source: Google I/O Keynote2016

“1 in every 5 Googlesearches is done by voice.”

#IASA2018 22

…and in everyday life.

Source: Stone Temple201763.7%

#IASA2018 23

Use of Personal Assistant Devices is soaring…

Source: Parks Associates2017

#IASA2018 24

…and Voice is coming into more homes…

Source: Google/Northstar2014

#IASA2018 25

…but who is building the relationship?

Source: Insurance Business2017

#IASA2018 26

Elements of Voice

• Resonance

• Relaxation

• Rhythm

• Pacing

• Volume

• Articulation

• Pronunciation

• Fluency

• Flow

#IASA2018 27

Voice needs to be emotionally relevant

#IASA2018 28

Implementation of Voice at Sharp Insurance

#IASA2018 29

How We Do Voice

#IASA2018 30

Test & Learn is a must!

#IASA2018 31

The Power of Voice: growing success

#IASA2018 32

• Information people want quickly – How can you eliminate the need for people to login to an account on a computer or phone?

• Quick, useful actions – Adding to lists, setting alerts, ordering items, checking statuses.

• Actions better suited for voice – information people want while driving, walking, eating, with hands full, or while in the middle of something else.

What functions work best in Voice First?

#IASA2018 33

• Start where the customer needs you the most

• Be prepared to adjust and change

• Know that you need to be available to your customers

• TEST & MEASURE!

When you go Voice First consider the following:• Avoid thinking hierarchically – Web & apps need to follow a visual

hierarchy; Voice doesn’t • Explore the linguistics – People ask questions in different ways• Consider the most likely questions – FAQs are a great place to

start• Keep responses short – Alexa/Google speak slowly• Avoid too many clarifying questions • Avoid too many options – Remember the 8 seconds• Optimize the audio

Best Practices

#IASA2018 34

• Don’t wait to secure your Invocation Name

• Don’t lose the data – Are you getting the data back into your organization?

• Don’t skip the Beta Test

• Don’t try to put everything into V1

• Don’t promote your Skill as something it’s not

Pitfalls to Avoid at All Costs!