Tim Wade (Smith and Co.) - Defining Customer Experience

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Defining Customer Experience Presentation by Tim Wade, Partner at Smith+Co Consultancy. Given on Wednesday 21 May 2014 at the Transversal Customer Experience Summit, Lancaster Hotel, London. Find out more: https://www.transversal.com/events/2014/05/21/connecting-people-to-knowledge-summit-2014 Tim's the expert in differentiating brands across multiple-channels. Prior to joining Smith+Co, he was Director of Marketing & E-Commerce for Best Western, the largest group of independent hotels in the world. Fed up with boring, formulaic hotel chains, he completely repositioned the Best Western brand in the UK. 'Hotels with Personality' became the purpose and brand strategy and Tim drove this through a complete transformation of eCRM and multichannel customer journeys (including new digital, mobile and social platforms); plus a major culture change throughout the group. Tim is a regular speaker at customer experience conferences worldwide, including the recent Customer Experience Evolution in London, sponsored by Marketing and Brand Republic, plus Customer 360 Symposium in Sydney and the forthcoming Dialogkonferansen 2014 in Sweden, one of the largest CRM/Marketing events in Scandinavia.

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Defining customer experience

Tim Wade

75% of customer experience leaders say their firm’s goal is to differentiate on the basis of customer experience, yet only 3% of companies succeed in delivering an excellent experience

Functional

Valuable

How the market is changing...

Experiences

Services

Products

3

Customers are connected

“Customer experience is bigger than customer service in that it is the full, end-to-end experience. It starts when you first hear about Amazon from a friend, and ends when you get the package in the mail and open it.”

– Jeff Bezos

Customer insight

Focus on those that love you

GainKnowledge

10

Brand

Start with a purpose

Brands that are meaningful outperform the stock market by 120%

2013 Meaningful Brands® research

Create the brand promise

Develop thebrand story

What does your brand stand for?

Experience Design

THE CUSTOMER JOURNEY

VALUES: Fun, entertainment, irreverence, innovation

THE VIRGIN CUSTOMER JOURNEY

Create the hallmarks

23

Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6 Stage 7 Stage 8 Stage 9 Stage 10 Stage 11 Stage 12

0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

5

Current

Desired

Align

A ttend to every detailM ake every wrong rightA sk if you’re not sureZ estE xceed expectations

Communicate

Human to human moments are what we crave and remember

Michael Henderson

Stick to your purpose

Measure

Measuring success

35

PEOPLEPEOPLE

PROCESSPROCESS

STRATEGIC & FINANCIAL

GOALS

STRATEGIC & FINANCIAL

GOALS PRODUCTPRODUCT

Managing the Customer Experience: Shaun Smith & Joe Wheeler

CUSTOMER EXPERIENCE

CUSTOMER EXPERIENCE BEHAVIOURBEHAVIOUR

• Employee engagement up by 346%• NPS improved by 7.4%• Tripadvisor comments improved • 6% increase in RevPar

And it works

The staff were polite, friendly and very

courteous especially Mike the bar and

restaurant waiter who provided service with

a smile.

“A nice friendly hotel”

CONNECTING PEOPLETO KNOWLEDGE

The foundation to deliveringgreat customer service

www.transversal.com

@TransversalTalk #askTVL

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