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5 KEY SLIDES FROM How to Deal with the 21 st Century Customer

Paul Greenberg Webinar “Dealing with the 21st Century Customer”: 5 Key Slides

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5 KEY SLIDESFROM

How to Deal with the 21st Century Customer

S A V V Y

Savvy using social channels.

T R U S T

Trusts differently than before.

T A L K S T O C O M P A N I E S

Communicates directly with companies.

T A L K S T O P E E R S

82% say peers are the most trusted source.

[Edelman 2014 Trust Barometer]

G E T S W H A T T H E Y W A N T

20% use Twitter for customer service.[Edelman 2014 Trust Barometer]

S O C I A L

Social. Mobile. Local. Omnichannel.

E X P E C T I M M E D I A C Y

Expect immediate response.Or nearly so.

I N S T A N T I N F O R M A T I O N

Expect information available nearly instantly when searching.

C O N S U M E R I Z A T I O N

Increases velocity of consumerization of work.

S O C I A L C H A N G E

Active participants in affecting change

by using social networks.

Discount

Purchase

Reviews & product rankings

General information

Exclusive information

Learn about new products

Submit opinion on current products/services

Customer service

Event participation

Feel connected

Submit ideas for new products/services

Be part of a community

(61%)

(55%)

(53%)

(53%)

(52%)

(51%)

(49%)

(37%)

(34%)

(33%)

(30%)

(22%)

Learn about new products

General information

Submit opinion on current products/services

Exclusive information

Reviews & product rankings

Feel connected

Customer service

Submit ideas for new products/services

Be part of a community

Event participation

Purchase

Discount

(73%)

(71%)

(69%)

(68%)

(67%)

(64%)

(63%)

(63%)

(61%)

(61%)

(60%)

(60%)

CUSTOMERS’ RANKINGReasons customers interact with

a company via social media

BUSINESSES’ RANKINGReasons businesses think customersfollow them via social media

Discount

Purchase

Reviews & product rankings

General information

Exclusive information

Learn about new products

Submit opinion on current products/services

Customer service

Event participation

Feel connected

Submit ideas for new products/services

Be part of a community

(61%)

(55%)

(53%)

(53%)

(52%)

(51%)

(49%)

(37%)

(34%)

(33%)

(30%)

(22%)

Learn about new products

General information

Submit opinion on current products/services

Exclusive information

Reviews & product rankings

Feel connected

Customer service

Submit ideas for new products/services

Be part of a community

Event participation

Purchase

Discount

(73%)

(71%)

(69%)

(68%)

(67%)

(64%)

(63%)

(63%)

(61%)

(61%)

(60%)

(60%)

TREAT THEM WELLTreat employees well.

CUSTOMERSPlace customers ahead of

profits.

L ISTENListen to customer needs and feedback

QUAL ITYOffer high-quality

goods and services.

RELATIONSHIP

ELEMENTS

O F T H EK E Y

Trust in companies is #1 concern of the public[Edelman 2012 Trust Barometer]

CUSTOMER

ENGAGEMENTis not…

Marriage Unidirectional Consistent Customer time/effort

LoyaltyAdvocacy

CUSTOMER

ENGAGEMENT

ERAT H E O F

[McKinsey, State of Social 2011 – eConsultancy]

What is transpiring is momentous, nothing less than the planet wiring itself a new nervous system.

If your organization is not linked into this nervous system, you will be hard pressed to participate in the planet’s future…

Amidst the texting and the Twittering and Facebooking of a generation of digital natives, the fundamentals of next generation communication and collaboration are being worked out.

Author of Crossing the Chasm

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