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Earning Customers for LifeThrough Strategic DataManagement
January 22, 2015
DAVID MINGLEExecutive Director,Global Connected Customer Experience (GCCX)
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WHY CUSTOMER EXPERIENCE MATTERS
50.0%
40.0%
30.0%
20.0%
10.0%
0.0%
-10.0%
-20.0%
-30.0%
-40.0%
Cu
mu
lati
ve T
ota
l Re
turn
Customer ExperienceLeaders43.0%
S&P 500 Index14.5%
Customer ExperienceLaggards
-33.9%Watermark defines Customer Experience Leaders and Laggards as the top ten and bottom ten rated public companies in Forrester Research’s 2007-2013 Customer Experience Index studies. Comparison is based on performance of equally-weighted, annually readjusted stock portfoliosof Customer Experience Leaders and Laggards relative to the S&P 500 Index. © 2013 Watermark
Customer Experience Leaders Outperform the Market6-Year Stock Performance of Customer Experience Leaders vs. Laggards vs. S&P 500 (2007-2012)
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IF CUSTOMER EXPERIENCE MATTERS…
Leadership
WHAT DOES IT TAKE TO BE GOOD AT IT?
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• Who they are• What matters to them• How you can make their lives better
IF CUSTOMER EXPERIENCE MATTERS…
WHAT DOES IT TAKE TO BE GOOD AT IT?
Customer Understanding
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The right data is always better than more data
IF CUSTOMER EXPERIENCE MATTERS…
WHAT DOES IT TAKE TO BE GOOD AT IT?
Data, Data, Data
NO LACK OF DATA
Domo.com
3 BILLION INTERNET users GLOBALLY
Nearly 1.4 BILLION active Facebook users today
500 MILLION Tweets per day
1.7 BILLION SMARTPHONE subscribers
We serve
7 MILLION customers in the U.S., Canada, China and Mexico
OnStar receives, on average,
185,000 calls per day;
more than two calls every second
30GM VEHICLES with 4G LTE
2015 MODEL YEARMORETHAN
11 MILLION RemoteLink transactionsin January
IN-VEHICLE TECHNOLOGY
39%
say a car must have infotainment technology in order for them to consider it
74%of Millennials
61%of Baby Boomers
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is the top selling point for auto buyers
WHERE TO START?
What Customers Want What You Want
Understand what matters most… to your customers and to your organization
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ACCEPT THIS TRUTH!
In Out
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EFFECTIVE LISTENING IS ALSO DELIBERATE
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BEYOND SURVEYS
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MOBILE AND DEVICE PROLIFERATION
24-7 OMNI-CHANNEL ACCESS TO YOUR BRAND IS NOT OPTIONAL
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• Balance customer needs and organizational goals
• Tame the data
• Take deliberate actions
• Always look beyond the survey
• Mobile & the 24/7 frontier
When it comes to Big Data, let your
customers lead the way
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Q A&