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Improving the Customer Improving the Customer Experience Experience Pretium’s Capabilities, Approach & Pretium’s Capabilities, Approach & Results Results

Pretium customer experience

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Page 1: Pretium customer experience

Improving the Customer ExperienceImproving the Customer ExperiencePretium’s Capabilities, Approach & Pretium’s Capabilities, Approach &

ResultsResults

Page 2: Pretium customer experience

• a premier provider of globally-recognized, cutting-edge sustainable customer service, contact center and sales training, consulting and leadership programs

• serves both large and mid-cap companies

Page 3: Pretium customer experience
Page 4: Pretium customer experience

• Why? Commoditization has made differentiation more difficult Traditional industry boundaries are dissolving Customers have more power than ever

• In order to retain existing customers and attract others away from their competition, companies must deliver on their brand promise by providing an exceptional customer experience where it counts the most – the front line.

Improving the Customer Experience is Becoming the Strategic Imperative

Customer-Facing Employees Must Know How to Deliver the Company’s Brand Promise and Create Loyal Promoters

Page 5: Pretium customer experience

• Applying a “coat of paint” to an old conversation to make it look new is unlikely to generate improved results.

• If a company’s current customer interactions are not creating loyal customers and producing optimal results, then the nature of the interaction itself must fundamentally change…

Better Results Require a Different Approach

• Achieving better customer service performance and results (increasing customer loyalty and creating a better customer experience) requires the construction and implementation of an entirely new conversation between the agent and the customer.

Page 6: Pretium customer experience

• Identify and meet the customer’s practical needs• Engage the customer in a way that eliminates

emotional barriers and creates emotional buy-in related to the product- or service-related issue (loyalty is driven primarily by the emotional dynamic of the touchpoint)

• Create a perception of low effort for the customer• Own the call• Put the customer at the center of the interaction,

not the company’s systems and processes• Guide the call to optimal value for the customer by

intentionally and proactively blending product, system and behavioral skills

• Close the call by tying value back to the company

How Do Agents Create a New Conversation?

Page 7: Pretium customer experience

• …is a customized program based on the company’s needs and unique challenges

• creates a new conversation between the company’s customer-facing employees and prospective and current customer that will build loyalty and expand and intensify promotion

• prepares supervisors and quality teams to monitor, coach and create personal accountability for high performance in the new conversation

• infuses the company’s brand promise into the customer experience

Page 8: Pretium customer experience

In 2011, Philips Consumer Electronics selected Pretium Solutions to roll out the Golden Touchpoint™ Customer Loyalty Program to call centeragents, supervisors and managers supporting Philips in over 30 countries.

Recent Pretium Initiative

Page 9: Pretium customer experience

Recent ResultsNet Promoter Score (NPS) increases after implementation of the Golden Touchpoint™ at Philips outsourced call center sites in Europe: Benelux1 Phone 21.9% increase over 5-month period

Email 15.4% increase over 5-month periodChat 58.0% increase over 5-month period

Germany Phone 16.7% increase over 2-month period Email 19.9% increase over 2-month period

Spain Email 3.7% increase over 4-month periodChat 39.1% increase over 4-month period

Italy Chat 19.4% increase over 4-month period

France Phone 20.4% increase over 3-month periodEmail 71.9% increase over 3-month period

UK Email 21.9% increase over 2-month periodChat 18.4% increase over 2-month period

Nordic2 Phone 13.4% increase over 2-month periodEmail 36.6% increase over 2-month period

Poland Phone 17.5% increase over 2-month periodEmail 89.9% increase over 2-month period

1 Benelux Countries = Belgium, Netherlands and Luxembourg2 Nordic Countries = Denmark, Finland, Norway and Sweden

Page 10: Pretium customer experience

• Organizational Commitment• Robust Assessment and Due Diligence• Identification of Baseline Metrics• Program Customization• Facilitation• Supervisors/Management• Front-Line Employees• Performance Coaching and Calibration• Online Support Modules• Measurement and Reassessment

Typical Golden Touchpoint™ Engagement

Page 11: Pretium customer experience

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636.481.5100pretiumsolutions.com