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Customer Success Is Eating The World Chris Campbell, CEO

Customer Success is Eating the World

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Page 1: Customer Success is Eating the World

Customer Success Is Eating The World

Chris Campbell, CEO

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Janelle Barlow & Claus Moller; authors of “A Complaint is a Gift”

“Many companies do not appreciate the real cost of losing customers. They can tell you exactly what they are doing to attract new customers and how much this costs them, but they may not

have a clue as to how many customers they are losing, why they are being lost and how much this costs them”

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Why Our Customers Actually Buy

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Why Our Customers Actually Buy

1. Ease of Use

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Why Our Customers Actually Buy

1. Ease of Use 2. Accuracy of Data

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Why Our Customers Actually Buy

1. Ease of Use 2. Accuracy of Data 3. Awesome Customer Service

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Why Our Customers Actually Buy

1. Ease of Use 2. Accuracy of Data 3. Awesome Customer Service

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Brief history of marketing…

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Customers Are Telling Your Story

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Customer Feedback by Platform

Jay Baer and Tom Webster; Edison Research (2016), Hug Your Haters 

8%

16%

21%

55%

Review Sites FacebookForums Twitter

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Customer experience determines how

people feel about your brand.

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How do people feel about your brand?

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Every complaint Every time Every platform

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Some complaints Some of the time Some platforms

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80% of businesses say they deliver superior

customer service

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8% of their customers agree

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1/3 of customer complaints are never

answered

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Resolving a problem saves a customer 70% of the time

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$500 billion = marketing

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$500 billion = marketingVS

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$500 billion = marketing

Jay Baer and Tom Webster; Edison Research (2016), Hug Your Haters

$9 billion = customer successVS

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5% Increase in customer retention

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25 - 90% increase in profitability

Edison Research and Jay Baer, 2015

5% Increase in customer retention

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25,000 Users

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Relentless focus on resultsHow we make the magic happen

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27 minutesAverage support email response time

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65 NPSAsk our customers for feedback

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1.8% Churn for 2015Churn last year

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Not just customer successEntire Organization

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Sales team calls trial signups within 4 mins

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Job applicants get a response in 24 hours

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Focus on operational excellence

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Results?

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Your step-by-step guideto becoming a customer success-driven brand

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1. Listen to what your customers are saying

• Mention, Brandwatch, review sites

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2. Conduct an internal audit

• What feedback are you getting? • Are we responding now? • What insights can we find in the

feedback?

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3. Develop a feedback response program that works

• Who are the primary stakeholders?

• Who will own the measurement, review responses?

• How will you resolve complaints: customer service,

marketing, local vs. regional vs. home office

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4. Ask for feedback

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0.9 Star Rating

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Started asking customers to leave feedback online

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Six months later…

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Six months later…

4.2 Star Rating

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5. Transfer review data into insights and organizational change

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Want to learn more?

Free Training ReviewTrackers.com/workshop

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[email protected] / @chrisrcampbell

Want to meet up at SBW? Text me 312-380-5219

Add client name/logo here

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Founding the disruption

Research

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Founding the disruption

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88%

Trust issues

88 percent of consumers trust reviews as much as recommendations from

friends and family.

Search Engine Land

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Post-purchase consideration

4-out-of-5 consumers reverse a purchase decision after reading a negative review.

Cone Online Influence Trend Tracker, 2011

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54%

More trust issues...

In research we conducted at ReviewTrackers, we found that 54% of

women say that reviews are more influential than advertising

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The best and worst..

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Case StudiesIntroducing

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Millennials use reviews to purchase insurance

68% are unlikely to buy from an agent with zero online reviews

68%

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Six months later…

400% increase in the number of reviews.

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Two Problems

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Businesses didn’t know

Problem #1: Customers started talking

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Businesses didn’t care

Problem #2: Customers started talking

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90 percent of consumers say that their buying decisions are influenced by online

reviews.

Dimensional Research, 2013

90%

Consideration

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Customer Success: The Spectator Sport

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How customer success is changing how we acquire and retain customers. The customer experience is now amplified with reviews, social and online mentions- engaging and maintaining those relationships are critical to succeed. We use

customer service as a differentiator and have won awards that said we were in the top 10 of all software companies.