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Create an Ideal Customer Journey NO PAIN EQUALS GAIN Tammy A. Beil Alarm Capital Alliance

No Pain Equals Gain: Creating the Ideal Customer Journey

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Page 1: No Pain Equals Gain: Creating the Ideal Customer Journey

Create an Ideal Customer JourneyNO PAIN EQUALS GAINTammy A. Beil

Alarm Capital Alliance

Page 2: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

Speaker

Tammy A. Beil• Senior Vice President of Marketing,

Alarm Capital Alliance • [email protected]

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Page 3: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

Customer Experience

5 Key Customer Experience Facts 1. 80% of U.S. consumers would pay more for a product or service

to ensure superior customer experience (Source: White House Office of Consumer Affairs)

2. 68% of businesses plan to increase their spending on customer experience (Source: Call Center Executive Priorities)

3. 44% of consumers consider customer loyalty to be a relic of the past (Source: Avaya and BT Research)

4. Shoppers use an average of 10.4 sources of information to make a purchase decision (Source: Google)

5. Referred customers deliver 16% higher lifetime value (Source: Wharton School of Business)

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Page 4: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Customer Journey

About the Customer Journey• Begins well before the customer actually becomes a customer.

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Page 5: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Customer Journey

Beginning the Customer Journey: Your Brand Message

• Branding Awareness- Attributes

• Messaging Platform- Know Your Audience- Is Your Message On Target?- Is It On Time?

• Value Proposition- Vs. Benefits- Tie It Back To Solutions

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© 2015 by Honeywell International Inc. All rights reserved.

The Customer Journey

There are many brand touchpoints throughout the customer journey.

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Blogging, PR, SEO,

Advertising

Website, Blog, Social

Media

Advocate

Introduction

Awareness

Education

Engagement

Purchase

Retain/Upgrade

Brand Ambassadors,

Blog

Page 7: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Customer Journey

I’ve Got a Customer, Now What?• The journey does not end once they convert; this is where it begins! • How to treat your customer to create “advocacy”.

- Call Center- Service- Communications

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Page 8: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Call Center

Call Center

• 78% of customers have already researched online before contacting you.

• 79% of customers actually think they know more about the issue than the customer service agent.

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Call Center

Call Center

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Source: Avaya Consumer Preference Report

Page 10: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Call Center

Call CenterThere is untapped potential in your call center—with your staff and infrastructure. To unlock it, you must:

• Measure efficiencies in your call center operation. • Identify areas of improvement without sacrificing the customer

experience. • Educate your staff. Staffing is the most expensive part of the

operation, so finding the ideal match between agent potential and education is critical.

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Page 11: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Service

ServiceYou need to deliver a positive experience without sacrificing profitability—which requires balancing the needs of your customers with the realities of your business.

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Service

Service• 99% of the time, service problems are a result of wiring and sensor

problems setting off alarms*:- Doors and windows- Motion- Glass breaking- Smoke and heat detectors

*www.alarmprofessor.net/pages/alarm-service-and-maintenance

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Service

Service• Be creative:

How can you use your service to differentiate you?

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Page 14: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Communications

The Age of the Social Consumer

• “A brand is no longer what we tell the consumer it is.  It's what the consumers tell each other it is.”

Scott Cook, co-founder, Intuit

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Social

What is Social Media?

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Consumer-to-Consumer (C2C)WOM Focused, Social

Brand-to-Consumer (B2C)Brand Focused, One Directional

BRAND

BRAND

Page 16: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Social

How it Works• Social Media

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Social

Social Activities Continue to Rise

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Social18

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Social

What’s New?

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Social

A Glance at the Social Future

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Social

Let’s Get Social• Six Rules for Social Media Success1. Follow Your Head, Not the Herd2. Own It, Don’t Outsource It3. Get Out of the Silo, Get Into a Strategy4. Stop Dabbling, Commit5. Drop the Fluffy Metrics6. Don’t Campaign, Sustain

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Online Reviews

Reputation Management• Local Presence

- Yelp!- Kudzu- Nextdoor- Google+- Angie’s List- Reputation.com- Local Online Communities

and Bulletin Boards

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Online Reviews

Reputation Management• Negative Online Reviews:

- No one is perfect, negative reviews happen- Embrace these and view as an opportunity to make it right with the

customer in a public forum- Be timely and understanding, and resolve the matter professionally! - Remember, this is key intelligence on your business

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Advocacy

Customer AdvocacyTHINK YOU’RE GOOD?

• 80% of company leaders think they provide an excellent experience to customers.

• Just 8% of those same companies’ customers agree.

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Bain & Company: Closing the delivery gap

Page 25: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Advocacy

Top 25 Companies Highest Rated in Customer Service

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Advocacy

Customer Advocacy

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THE POWER OF PROMOTERS

“How likely are you to refer us to a friend?”

This simple question often holds the key to measuring your customer experience and

focusing the company on creating advocates who help propel the growth of the company.

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Advocacy

The Net Promoter Score and System

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How likely is it that you would recommend us to a friend or colleague?0 being "Not Likely at All" and 10 being "Extremely Likely".

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© 2015 by Honeywell International Inc. All rights reserved.

The Experience: Advocacy

Customer Advocacy

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THE FOLLOW-UP QUESTION

“What are the primary reasons for your rating?”

This request generates the insights you need to fix the things that are broken and to expand and promote the things that delight your customers – to improve the customer experience.

Page 29: No Pain Equals Gain: Creating the Ideal Customer Journey

© 2015 by Honeywell International Inc. All rights reserved.

Customer Experience

7 Key Customer Experience Tips1. Keep the experience simple and easy2. Educate and communicate with your customers3. Quickly resolve the bumps in the road4. Personalize the customer experience5. Surprise and delight your customers6. Mobilize your experience7. Create the circle of trust for your customers

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© 2015 by Honeywell International Inc. All rights reserved.

The Customer Journey

Conclusion

By providing a memorable and remarkable customer experience, you enable your customer to develop into your customer advocate (best salesperson)!

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© 2015 by Honeywell International Inc. All rights reserved.

The Customer Journey

Questions & Answers

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Tammy A. Beil

Senior Vice President of [email protected]