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Staying abreast of Customer Expectations

Staying abreast of customer expectations

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Page 1: Staying abreast of customer expectations

Staying abreast of Customer Expectations"

Page 2: Staying abreast of customer expectations

Setting the Stage"

Page 3: Staying abreast of customer expectations

The Gap"

80% of companies believe they deliver superior customer experience!!!! 8% of their customers agree!

Bain & Company: Closing the delivery gap

Page 4: Staying abreast of customer expectations

Bye-Bye Baby"

!After a bad experience nearly 90% of your customers will simply!

!…leave!

http://www.clicksoftware.com/state-of-customer-service-infographic-field-service.htm http://www.rightnow.com/files/analyst-reports/RightNow_Customer_Experience_Impact_Report_North_America_2011.pdf

Page 5: Staying abreast of customer expectations

Social Media (and Mobile) changed the playground"

Graphics by Mark Tamis www.marktamis.com

Page 6: Staying abreast of customer expectations

FB is the 3rd largest country"

http://blog.tweetsmarter.com/social-media/spring-2012-social-media-user-statistics/

Page 7: Staying abreast of customer expectations

The number of smartphones is exploding"

Altimeter Group: Beyond Marketing: Developing a Mobile Strategy, April 2011

Page 8: Staying abreast of customer expectations

And people are also using them"

On average, people install 25 apps on their smartphone, but only

use 12. Most used apps are social network apps.

Source: InSights Consulting study SocialMedia around the World 2011

Page 9: Staying abreast of customer expectations

BUT"

!90% of brand related conversations happen

offline!

Page 10: Staying abreast of customer expectations

Customer Expectations"

Page 11: Staying abreast of customer expectations

Nobody cares about my products"

!… and services except me […]. !!What [..] buyers do care about are themselves and they care a great deal about solving their problems.!

David Meerman Scott

Page 12: Staying abreast of customer expectations

Customers do not want a relationship with you"

2012 IBM study “From Social Media to Social CRM

Page 13: Staying abreast of customer expectations

Customers want tangible benefits"!!

2012 IBM study “From Social Media to Social CRM

Page 14: Staying abreast of customer expectations

Customers want Value"

•  Get what they need and want!•  Get the right information at the right time!•  You getting it right the first time!

•  And if not then get it resolved without further hassle!

•  They interact with you, on their terms!

Sometimes customers even want to be surprised!

Page 15: Staying abreast of customer expectations

And what is customer experience?"

… the sum of all experiences a customer has with a supplier of goods or services, over the duration of their relationship with that supplier. From awareness, discovery, attraction, interaction, purchase, use, cultivation and advocacy.!

Adapted from Wikipedia

Page 16: Staying abreast of customer expectations

Touchpoints"

Sales Call Center Consultants Influencers Service

Customer Experience

Brand

Web Site Blog E-Mails Social Media Community (Mobile) Apps Product

Product Promotion Collateral Mail, E-Mail Radio, TV

Static

Human

Interactive

Page 17: Staying abreast of customer expectations

Aware-ness

Increased Customer Value throughout the Journey"

Discov-ery

Attrac-tion

Interac-tion

Purchase Use

Loyalty Advocacy

Page 18: Staying abreast of customer expectations

Aware-ness

Post purchase experience impacts your attraction"

Discov-ery

Attrac-tion

Interac-tion

Purchase Use

Loyalty Advocacy

Page 19: Staying abreast of customer expectations

Map and optimize the customer journey"

Page 20: Staying abreast of customer expectations

The Reality"

Page 21: Staying abreast of customer expectations

Your call is important to us …"

•  But why am I in the queue right now?!•  And, thinking of it: I am always waiting

(prolonged) times!•  The phone tree is cumbersome, voice

recognition doesn’t really work!•  Why do I hear advertisements that don’t

matter to me?!

•  What is really important to you <enter company name here>?!

Page 22: Staying abreast of customer expectations

Moving House - Telstra Clear"

Page 23: Staying abreast of customer expectations

German Railway"

Page 24: Staying abreast of customer expectations

Apple"

Page 25: Staying abreast of customer expectations

Getting There"

Page 26: Staying abreast of customer expectations

People are start and center"

Strategy

Existing Experiences

Technology

New Experiences

Customers ‘n’ Employees

Page 27: Staying abreast of customer expectations

Validate"

Implement"

Measure"

Design"

Enhancing customer experience follows a virtuous circle"

Involve customers Start on paper

Metrics Impacts

Correlations Prioritize Changes

Segment customers Involve stakeholders Virtual designs

Reprioritize Pilots first Enhancd experiences

Page 28: Staying abreast of customer expectations

Integration – The end game"

(social)!Analytics! CRM! ERP!

Master-, Social- & Transactional Data!

Customer!Partner!Supplier!

Influencer!

Employee!Employee!Employee!

SOLOMO Platform!

I H S

Social Data!

IH

Page 29: Staying abreast of customer expectations

Key Take Aways"

•  Meeting customer expectations requires a constant cycle of renewing the customer experience along the possible customer journeys!

•  360 degree view on the customer needed, including company external data!

•  A SOLOMO platform that is deeply integrated into the company IT infrastructure enriches the systems to become a customer integration hub!

Page 30: Staying abreast of customer expectations

Questions?"

Page 31: Staying abreast of customer expectations

Thank You"

Thomas Wieberneit"SocialMeetsCRM!http://[email protected]!@twieberneit!+64 21 241 7701!