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The Next Generation Customer Experience & Connected Digital Experience Customer Experience 2020
Carl Borchardt
APJ Lead
Contact Center & Customer Experience Solutions
• What do my Customers Want?
• What is Good Customer Experience?
• 6 Technology Trends that will Power Exceptional CX in 2020
Agenda
*Disruption = Substantial change in market share among incumbents
Expected time to disruption*: 3 years
In your industry, how many companies will lose their place in the top 10 due to digital disruption (over the next 5 years)?
Source: Global Center for Digital Business Transformation, 2015
Seismic Changes Will Displace Nearly 40% of Top Incumbents, and It Will Happen Soon
45%of respondents
say digital disruptionis NOT a board-levelconcern
Does notrecognizeor is not
respondingappropriately
Taking“follower”approach
Actively respondingby disruptingour ownbusiness
43%
32%25%
Responses to Digital Disruption
In general, what is the attitude of your company’s leadership toward digital disruption?
Most Companies Are Not Responding to the Threat
Source: Global Center for Digital Business Transformation, 2015
31%
Actively respondingby disruptingour ownBusiness(2017)
CISCO CONNECT 2018 . IT’S ALL YOU
The Big Question:“What do my Customers Want?”
6
Product Experience
Emotional Connection
PerceivedValue
Source: BCG Research
ExceptionalService
Customer Experience is Key
• What do my Customers Want?
• What is Good Customer Experience?
• 6 Technology Trends that will Power Exceptional CX in 2020
Agenda
CISCO CONNECT 2018 . IT’S ALL YOU
How Can You Deliver Good Customer Experience?
Omni-channel Engagement
Consistent Information Across Channels
Personalized Service
Unique, Memorable & Delightful Interactions
Always On Experiences
Continuous Engagement & Effortless Transactions
© 2017 Cisco and/or its affiliates. All rights reserved. Cisco Public
• What do my Customers Want?
• What is Good Customer Experience?
• 6 Technology Trends that will Power Exceptional CX in 2020
Agenda
CISCO CONNECT 2018 . IT’S ALL YOU
6 Technology Trends that will Power CX in 2020
VR & AR6 Blend Physical with DigitalInstant Fulfillment 5 Becomes a Reality
Remote Experts 4 Human Interaction Golden
Intelligent Assistants3 Ready to Cross the Chasm
Smart Stores1 Brick & Mortar Strikes Back
Hyper-Personalization2 Segment of One
Digital Meets Brick & Mortar
88% of $3.4T Sales @ Stores
Smart Stores1TREND
Acquired Whole Foods’ 450 Stores
800+ Stores Planned
100 Stores Planned
E-Tailers Embracing Brick & Mortar
Traditional Store + Digital Commerce = Smart Store
8600+ U.S. Stores to Close in 2017
Discount if Ordered Online
App to find Products in-store
Shop online , We deliver
Brick & Mortars Are going Digital
The Smart Stores RevolutionFordAmazon GO Nordstrom
Timberland StoresTesco KoreaBurberryDesign Your Own Boots
Experience Center Showcases Future Cars
Shop at Metro Stations on Digital Aisles. Delivery by Evening
No Payment Counters
Checkout from Store Couch
Smart Mirrors Compare & Recommend Matching Outfits
Personalizing for the Segment of OneHyper-Personalization2TREN
D
Willingness to Share Data2020: 1.7 MB per Second per Human
Advancements in Technology Capture, Analyze, Target in Real Time
Digital Natives expect a Personalized Digital Experience77%
Product focusOne-Size Fits All Approach
Customer Segment focusCustomization on tribal/group behavior
Individualized Services
Real Time AdjustmentsUnique
Experiences Deliver
Great Results
Greater Customer Loyalty
Increased Customer Satisfaction
Crowdsourced IdeasMinimize Product Failures
It’s a Connected World2020: 25 billion “things” Connected
Early Adaptors of Hyper-PersonalizationWells FargoBirchbox Gustin jeans
McDonalds AsiaDelta AppWeather Channel + GoRunCreate Your Own Burger at Kiosk
Personalized ATM Dashboard
Find Proactive Alternatives to Cancelled / Missed Connections
Hair Gel that Suits You
Recommends Time to Run based on Weather Patterns
Crowdsourced Denim Designs
Intelligent Assistants Cross the Chasm
Growing Ecosystem APIs to add Voice to Applications
Conversation is Golden45% of U.S. Adults use IA
Ready for Mass Adoption2017:10M homes to have Echo, Home...
Intelligent Assistants3TREN
D
By 2020, Average Person will have More Conversations with Bots than Spouse
ReadyFor
Primetime
Discovery
TransactionalBasic Search functions. But not for Complicated Queries
Simple Repetitive Orders. But not Complex, High Value Orders
SupportRoutine High Volume Services. But not for Confidential Advice
Give Voice to Customer InteractionHyundai + GoogleDominos Pizza Royal Bank of Scotland
Macys On CallSamsung Galaxy S8Capital One“Where are Ladies Shoes?”
“Start Engine, Unlock doors”
“Bixby, Show me my Photo Gallery”
“Ok Google, Order Pizza”
“Alexa, ask Capital One, how much did I Spend?”
“What is my Account Balance?”
Human Interaction Remains Vital Remote Experts4TREND
High Value Interactions Complex Decisions Service driven Sales$ 1.6T Sales lost from Switching
Due to Poor Service84% Prefer Live Agent to Resolve
IssuesHuman Brain - 100 billion Neurons,
one Trillion Connections
of U.S. Consumers prefer Dealing with Human Beings for Advice 77%
Financial Services
Remote Experts Guidance from Personal Bankers
Expert AdviceSeek Legal Option
HealthcareVirtual Doctor Visits
Essential for Critical High Stakes Services
Remote Experts are Already Reaping Rich Dividends
Nationwide Building
Westpac
Kaiser Permanente
ViettelMetlife MexicoSupport for Business Banking Customers
Virtual Doctor Visits
American ExpressPremium Support for Black Card Customers
Virtual Support Kiosk at Select Branches
Virtual Mortgage Advisors
Increased NPS by 38%
Net Promoter Score of 100
Virtual visits > in-person visits
5 times Increase in Video call customer support
66% Reduction in Cost of Sale
90% Increased Conversion
Added Remote Agent to mobile application for in app support
Instant Fulfillment becomes a RealityInstant Fulfillment5TREN
D
70% Americans live within 5 miles of a Walmart
Expedited Shipping
Sharing EconomyAmazon’s same day delivery covers 1,000 US cities
5 Million downloads for Uber Eats
Drone Delivery86% of Amazon packages weigh 5 lbs. or les
Customer Expectations30% Millennials wantSame-Day Shipping
Willingness to Pay25% would pay for Same Day Delivery
Technology AdvancementsAV’s can Deliver
80% of all Parcels in 10 years
A Competitive Advantage
Instant Fulfillment on the RiseWalmartAmazon UberEats
GoogleUPSUberDrone delivered Chipotle burritos on campus
Incentivizes Same Day Pick up
Testing drones for medicine delivery
Offers Same Day DeliveryAlso testing Drone Delivery
Driverless car delivered beer in Colorado
Meals Delivered in less than One Hour
VR /AR Blend Digital with PhysicalVirtual & Augmented Reality6TREN
D
Consumers will Shop in Augmented Reality by 2020100 Million+
Virtual Showrooms
Build Virtual Products
Shop Using your Camera
Turn DreamsTo
Reality
Stores in your Living Room
Customer at the Center of Design
Aim. Click. Buy
Computing AdvancementsOculus Rift:1.3M times the powerful of
VRs from 1990s
Camera Phones Everywhere2020: 15M Phone based VR units in US
Democratized EcosystemGoogle, Microsoft, Facebook (Oculus) Sharing SDKs to enable VR/AR in
Mainstream Applications
Early Movers are Investing in VR/ARIKEAVolvo Yelp
ExpediaAmazon Flow AppL'Oréal Makeup AppPeek into Hotel Rooms
Design your Virtual Apartment
Click it. Order It
Browse Cars from Your Couch
Try Lipstick Shades
Locate Cafes on your Street
22
6 Technology Trends that will Power CX in 2020
VR & AR6 Blend Physical with DigitalInstant Fulfillment 5 Becomes a Reality
Remote Experts 4 Human Interaction Golden
Intelligent Assistants3 Ready to Cross the Chasm
Smart Stores1 Brick & Mortar Strikes Back
Hyper-Personalization2 Segment of One
Acquire Solutions & TechnologyImplement Redefined Process & Journey
Design
Measure Everything
Observe & Optimize
Improve
Understand Customer JourneyCapture Friction, Needs, Future State
AssessHow Do You Get Started?
CISCO CONNECT 2018 . IT’S ALL YOU
Personal
Know yourcustomers and how they’ve engagedwith you before
Connected Digital Experience Is - Contextual
Any channel
Put your customers in charge of how and when they connect
with you
Digital
Engage withconnected consumers
Effortless
Make it easy for your customers to do business with you
FinesseContext Service
Enterprise Chat and Email (ECE) Context Service Remote Expert
CISCO CONNECT 2018 . IT’S ALL YOU
Connected Digital Experience Is - Continuous
Relevant
Connect to the customer lifecycle
Automatic
Provide personalizedself-help
Back office
Support new interactions with videos, text, and the Internetof Things
Outbound
Enableproactive touch
Inbound
Engage on any channel, at any time, with theright resource
Omni Channel Precision Routing
Bots & Spark Care Bots
Proactive Engagement
Task Routing API
CISCO CONNECT 2018 . IT’S ALL YOU
Connected Digital Experience Is - Capable
Efficient
Connect your customerswith the
right resources
Resilient
Mission-critical contact centers
Flexible
Deploy to fit your business
Extensible
Open APIsfor your
applications
Secure
Built on the Cisco® network
Scalable
To thousands of resources
Precision Routing &
SSO
On Premise, Cloud and Hybrid
Rest API High Availability Network
Enterprise Licensing &
Scale
CISCO CONNECT 2018 . IT’S ALL YOU
Cisco Connected Digital Experience (CDX)
Inbound and Outbound Voice
Speech Apps
Video
Web-Channels
MobileCare
SocialMedia
Partner Solutions
Finesse DesktopRoutingReportingContext Service
Cisco UnifiedContact Center
Immersive Video
Kiosk
RSS
Rest API for Custom Feeds
Cisco Unified Contact Center 11.6Out of the box experienceAny channel360 view of customer
Web Call Back
Chat
Virtual Assistant BOT
BOTS & Mobile Care AppsVideo
Self-Service
Intelligent Queuing
Speech Recognition
Context Service
Cisco Solution Plus EcosystemPartners
CISCO CONNECT 2018 . IT’S ALL YOU
Transform yourCustomer Experience journey
www.cisco.com/go/cc