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Ruben Bru Clarabridge EMEA How Social Media Feedback can increase the customer experience

Social Media in Research 02/02 Vlerick Clarabridge

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Page 1: Social Media in Research 02/02 Vlerick Clarabridge

Ruben Bru

Clarabridge EMEA

How Social Media Feedback can

increase the customer experience

Page 2: Social Media in Research 02/02 Vlerick Clarabridge

WHAT HAPPENS WHEN CONSUMERS HAVE A BAD

EXPERIENCE?

2

55% CEASED BUYING

FROM A COMPANY

85% WANTED TO WARN

OTHERS

Page 3: Social Media in Research 02/02 Vlerick Clarabridge

WHAT HAPPENS WHEN CONSUMERS HAVE A

GOOD EXPERIENCE?

3

55% ARE WILLING TO

RECOMMEND

66% ARE WILLING TO

SPEND 13% MORE

Page 4: Social Media in Research 02/02 Vlerick Clarabridge

PERCEPTION IS NOT REALITY

4

80%

8%

Page 5: Social Media in Research 02/02 Vlerick Clarabridge

Huge

Volumes

The challenges with customer feedback: Find It

It’s

Everywhere

8

25

100

It’s

Growing

Page 6: Social Media in Research 02/02 Vlerick Clarabridge

The Customer Journey

CHURN

AWARENESS

RESEARCH

PURCHASE

SUPPORT

UPSELL

USE

Page 7: Social Media in Research 02/02 Vlerick Clarabridge

The challenges with customer feedback: Understand It

I couldn’t get any help

No pude conseguir ninguna

ayuda

Cdn’t get hlp #servicefail

Q: How was the service?

Good Fair Poor

Requires

Interpretation

NPS

Promoters

Social Buzz Likes

Call Volume

CSat

% Resolution

Inconsistent

Measures

Largely

Unstructured

95%

Detractors

Page 8: Social Media in Research 02/02 Vlerick Clarabridge

Types of Big Data

• Structured Data: Who, When, Where, etc. • Transactions, clicks, GPS tracking, real-time physical

sensors, measurable things

• Unstructured Data: What, Why, etc. • Text, voice, video, photo

Page 9: Social Media in Research 02/02 Vlerick Clarabridge

Importance?

The challenges with customer feedback: Use It

Significance

? Urgency?

Frequency

Importance

Cold Entrée Rude Service

Frequency

Importance

Page 10: Social Media in Research 02/02 Vlerick Clarabridge
Page 11: Social Media in Research 02/02 Vlerick Clarabridge

Customer experience management (CEM)

is the collection of processes a company

uses to track, oversee and organize

every interaction between a customer

and the organization throughout

the customer lifecycle.

Customer experience management (CEM)

is the collection of processes a company

uses to track, oversee and organize

every interaction between a customer

and the organization throughout

the customer lifecycle.

Page 12: Social Media in Research 02/02 Vlerick Clarabridge

Twitter

Microsoft Excel Voice Transcriptions

CEM Platform for Now & Future

Facebook

Online

Feedback Online Communities

Call Center

Chat

Surveys

E-mails Data Warehouse

Ratings & Reviews

Blogs

CUSTOMER SERVICE

PRODUCT MANAGER

MARKETING RESEARCH

OPERATIONS CX Team SALES EXECUTIVE

Page 13: Social Media in Research 02/02 Vlerick Clarabridge

Natural Language Processing

N A V

The product choice is great, but the customer service is poor.

N A V

Page 14: Social Media in Research 02/02 Vlerick Clarabridge

Linguistic Categorization and Sentiment

I was so excited to get my new laptop from MediaMarkt. It has super

sick graphics, beefy cpu and awesome battery life. The laptop was

not easy to find on the website. When I found it I didnt want to pay

for the rediculous shipping cost... so I went to the store to pick it up.

The place was a disaster area it made me sick. I couldnt find

anything. After waiting for 20 minutes for a red shirt I finally got help.

Ted was friendly, but, he had no idea how to answer questions

about the X4. Man, I loved that laptop but this sale should have

been easy and it wasn’t. #fail MediaMarkt I'm going to Amazon.

STRUCTURED &

UNSTRUCTURED

I was so excited to get my new laptop from MediaMarkt. has super

sick graphics, beefy cpu and awesome battery life. The laptop was

not easy to find on the website. When I found it I want to pay

for the shipping cost... so I went to the store to pick it up.

The place was a disaster area it made me sick. I find

anything. After waiting for 20 minutes for a I finally got help.

Ted was friendly, but, he had no idea how to answer questions

about the X4. Man, I loved that laptop but this sale should have

been easy and it wasn’t. MediaMarkt I'm going to Amazon.

LINGUISTIC CATEGORIES

USERNAME:

SEX:

AGE:

PROFESSION:

MediaMarkt.com

X4 Ultrathin

08/23/2016 3.0

3.0

5.0

3.0

7

WEBSITE:

PRODUCT:

REVIEW DATE: OVERALL RATING:

LOCATION:

VALUE:

CONVENIENCE:

RECOMMEND:

BSMITH

FEMALE

22

STUDENT

I was so excited to get my from MediaMarkt. It has super

sick , beefy and awesome . The was

not easy to . When I found it I didnt want to pay

for the rediculous ... so I went to the store to pick it up.

was a disaster area it made me sick. I couldnt find

anything. After waiting for 20 minutes for a I finally got help.

was friendly, but, he had no idea

about the X4. Man, I loved that but this should have

been easy and it wasn’t. #fail .

SENTIMENT

I was to get my from MediaMarkt. It has

, and . The was

to . When I found it I didnt want to pay

for the ... so I went to the store to pick it up.

was a area it made me . I

anything. After waiting for for a I finally got help.

was , but, he had

about the X4. Man, I that but this

and it wasn’t. .

Page 15: Social Media in Research 02/02 Vlerick Clarabridge

-5 -4 -3 -2 -1 0 1 2 3 4 5

Very

negative

Negative Slightly

negative

Neutral Slightly

positive

Positive Very

positive

“has graphics,…”

“# is sick…”

“#fail ACME ”

“it made ”

Sentiment & Context

Page 16: Social Media in Research 02/02 Vlerick Clarabridge

CX leaders

Page 17: Social Media in Research 02/02 Vlerick Clarabridge

Embed Operationalize Analyze Connect

Collect customer

feedback

70%

Analyze business changes

based on insights

34%

Operationalize solutions based

on insights

30%

Embed

across

organizations

22%

The State of CEM Programs Source: Temkin Group

Capitalizing on the VO, April 2016

Page 18: Social Media in Research 02/02 Vlerick Clarabridge

Use Cases • Understand customer experience across the omni-

channel (shops, eCommerce, ..)

• Real time NPS evaluation, cross customer feedback

sources

• Measure campaigns and understand customer

preferences on promotions

• Understand loyalty drivers

• Customer Care Call Deflection

• Near time Operational Optimization of the customer

journey

• Understand store operation improvement opportunities,

store layout and sign issues

• Compare operations and service between stores,

reporting at corporate and location level

• Uncover product defects, safety issues

• Uncover employee training opportunities

• Competitive analysis

• Create a true 360 view of the customer: profile

enrichment

Page 19: Social Media in Research 02/02 Vlerick Clarabridge

© Clarabridge, Inc. 2014 All rights reserved.

Thank you!

Page 20: Social Media in Research 02/02 Vlerick Clarabridge

Clarabridge is a Leader in Forrester’s Text Analytics Wave

“Clarabridge should be on your

enterprise shortlist for VoC applications.”

- market presence, proven solution

- plug-and-play setup, resulting in

faster time to deployment

- data visualization and slice-and

dice capabilities

Forrester Research The Forrester Wave: Big Data Text Analytics Platform, Q2 2016

Page 21: Social Media in Research 02/02 Vlerick Clarabridge

Clarabridge as a solid CX Partner

100

250

400

COMPANY GROWTH CUSTOMER GROWTH CX RECORDS PROCESSED

2006 2010 2014 2015

imp

lem

en

tatio

ns

2010 1 billion

2014 5 billion

2015 12 billion

50 GLOBAL PARTNERS

OVER LOCATIONS

customers

2006 2010 2014 2015 2009

850+ GLOBAL

C U S T O M E R 13 INDUSTRIES

2006

2015

10

850

1000