wendy lea at mx: the customer experience obsession

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@WendySLea | #mxconf14 Adaptive Path MX The Customer Experience Obsession Presented March 17, 2014 By Wendy Lea Community that means business.

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Wendy Lea, Get Satisfaction Executive Chairman, presented this presentation at Adaptive Path's MX: Customer Experience is now accepted as a key driver for business growth, regardless of industry. Digital strategy has unleashed new creative ways to engage customers throughout every step of their journey; it's now time to consider the strategic role community plays in harnessing the value all of the digital interactions to inform long term customer relationship and loyalty goals. Wendy will discuss the value companies can bring to their customers by building interdependence between customers experience, customer relationship and community.

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Page 1: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Adaptive Path MX

The CustomerExperience Obsession

Presented March 17, 2014

By Wendy Lea

Community that means business.

Page 2: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

When do you think this was written?

~Cluetrain Manifesto, 2000

“Companies that don’t realize their markets are now:

• networked person-to-person, • getting smarter as a result, and • deeply joined in conversation,

are missing their best opportunity.”

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Page 3: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14 3

But Why Now?

What is it that The Cluetrain Manifesto authors were on to? ?

Page 4: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

The Customer Experience Obsession

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Page 5: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14 5

~ Brian Vellmure, December 2013

“In a world where real time access to anyone or anything from anywhere is a possibility, customer experience may indeed be the last bastion of competitive advantage..”

Would you Believe that CX Moves Markets

Page 6: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Customers control the conversation in 2014

Only companies that aren’t afraid to engage with customers on their

terms will reap the rewards

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Scott Hirsch
i changed this text
Page 7: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Source: Forrester’s Top 15 Trends for Customer Service in 2013, January 14, 2013, Kate Leggett

#2 Self-serviceVoice is still #1 #3 is 1 to 1 channels

Community (24% increase)

Web Self-serve(12% increase)

Becoming the channel of last resort

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The Shift Started with Service

Page 8: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Top Reasons Consumers Participate in a Branded Customer Community

Why? So they can get the best content

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Page 9: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Social drives the shift to marketing, tooSocial Media is merely

a door into a Brand’s Customer Community

Customers show a strong preference for “Branded Customer Communities”

of participants show a preference for relevant content vetted by other

consumers

50%

of consumers have joined an internet

community based on a friend’s Facebook post

58%

Websites, not social networks, are the primary place

consumers go to make purchase decisions

of consumers use company website

to research products

81%

* 2012, Primary research conducted by the Incyte Group for Get Satisfaction

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Page 10: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

SALES INFLUENCED BY “EXPERT” CONTENT

ONE-TO-ONESUPPORT

PUSHMARKETING

SALES INFLUENCED BY “SOCIAL PROOF”

MANY-TO-MANYSUPPORT

CONTENTMARKETING

Shift From Company-centric Process

Shift To Customer-centric Process

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Business Processes Have Had to Adapt

Page 11: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

A new customer experience imperativeWhat we hear from companies implementing customer community today

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“We are creating a customer-centric

business”

“Our customers provide the best

marketing content”

“I want to build a social brand”

“We want to differentiate based

on customer experience”

Page 12: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

PotentialCustomers

Existing Customers

TheBrand

Help

Content

Service/Support

Loyalty Programs

Ads & BrandingW

ord-o

f

-Mouth

Promotions

BondBuy

Experience

Discover

Advocate Evaluate

Where can I buy it? Which version?

What’s the difference

between Brand X and Brand Y?

Why are all my friends talking about Brand X?

Here’s the best way

to set up the product

I wish the product had

more features

I love this product and here’s why!

Digital UX Can Drive the Whole ExperienceNever before have brands had the opportunity to design unified experiences around the

lifecycle

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Page 13: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

The Power of Customer Conversations

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Conversations are the Key:

▸ Valuable – provide context,

meaning and resolution

▸ Discoverable – can be found

by customers.

▸ Long lasting – provide

benefit for more people over

time.

The Community Platform Must:

▸ Aggregate conversations to

encourage engagement

▸ Distribute conversations for

across the user experiences

▸ Provide tools for business

users to curate content and

manage people

Page 14: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Community as a UX Tool

• Create engagement that builds trust

• Provide mutual value for customers and the company

• Give customers a voice that unites your company

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Community facilitates conversations that power user experiences to:

Page 15: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

It starts with providing great serviceKoodo Mobile is Canada’s most recommended mobile company.

Their community:• Almost entirely self-sustains — 97% of activity comes from

customers

• Provides 99.6% of customers with self-service answers via search

• 12 Mobile Masters (Champions) spend more than 15 hours in the community each week assisting other customers

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Page 16: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

And leads to revenueWinner of the 2011 Best Customer Experience Award in the UK

Their Community• Product specific ‘word of

mouth’ content• Community drives discussions• Widgets throughout purchase flow

8%Drop in cart

abandonment

5%Gain in search

driven site traffic

63%Increase in first call resolution

rate

30%Decrease in 1:1

Interactions

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Page 17: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

With real-time customer insightsMakers of the popular Snagit and Camtasia software

Their Community: • Provides specific feedback in the

voice of the customer• Development teams engaged in

conversations• Faster time to market and costly

re-work is minimized

445KCommunity Members

$500KEstimated savings

1,200New Ideas Generated

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Page 18: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Conversations as Customer Experience Driver

Online Customer Experience

Customer Acquisition

Content Marketing

Sales / eCommerce

Service / Support

Community

People Content

Customer Conversations

Business Processes -• CRM• MAP

• KM• BI

Complements -• Website UX• Social Listening

• Product UX• Word-of-Mouth

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Page 19: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Time period: 2 hours

Time period: 7 hours

Act

ivit

y

Time period: 11+ months

Community Conversations are Long-lived

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Page 20: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Community Conversations are Valuable

To be distributed anywhere in the customer experience (website) …

… or as part of a Facebook Brand Page experience

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Page 21: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Community Conversations are DiscoverableMore than 50% of purchase research starts in Google

… community provides an opportunity for more content discovery.

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Page 22: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Companies must realize …

• Customer conversations are the building blocks of relationships

• Relationships are the foundation of a differentiated customer experience

• Community is a UX tool for facilitating conversation and relationship

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To realize the CX Obsession

Page 23: Wendy Lea at MX: The Customer Experience Obsession

@WendySLea | #mxconf14

Wendy Lea · Executive Chairman,

Get Satisfaction · @wendyslea

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Community that means business.