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An Insightful Investment Can genuine customer feedback benefit the finance industry? Matt West CMO
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An Insightful Investment

Jan 13, 2017

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Page 1: An Insightful Investment

An Insightful InvestmentCan genuine customer feedback benefit the finance industry?Matt West CMO

Page 2: An Insightful Investment

We’ll cover…

• Showcase

• Business Benefits

• Actionable Insights

• What to do tomorrow

Page 3: An Insightful Investment

ShowcaseHow is feedback being used in the finance industry?

Page 4: An Insightful Investment

Finance companies onboard

Page 5: An Insightful Investment

AXA’s Service Rating integration

• Links to a personalised page of real-time reviews

• Increases conversions by demonstrating trust*

Showcasing: Trust Signals

* Independent study on one retailer revealed a 6% increase in sales.

Page 6: An Insightful Investment

Zurich’s Light pop up

integration link…

…keeps customers on-site.

Showcasing: Improved Traffic

Page 7: An Insightful Investment

Lifesure and Simply Business seamlessly integrate reviews

via their live XML feeds

• Keyword rich, user generated content (UGC)

• Indexed by Google, increase website quality score

• Improved SEO

Showcasing: Review Integration

Page 8: An Insightful Investment

BusinessBenefitsThe value of genuine feedback

Page 9: An Insightful Investment

Benefits to your customers

89%of customers are influenced

by reviews

75%expect to be able to

leave feedback

79%trust feedback more when they

see good and bad scores

95%of unhappy customers would

return if an issue was dealt with quickly

Source: eTailing Group

Source: eConsultancy

Source: BrightLocal

Source: NARM

Page 10: An Insightful Investment

Benefits to your business

17%boost to CTR on ads on average…

…building trust with potential

customers and driving

qualified traffic…

…and increasing traffic

and conversions by as

much as 35% as a result

Verified reviews contribute toseller ratings (stars) in searchlistings…

Source: Google Source: Google

Source: Kiss Metrics

Page 11: An Insightful Investment

ActionableInsightsUsing genuine reviewsas rich, reliable data

Page 12: An Insightful Investment

• You can manipulate your data in many ways and download the results as CSV files or tie it directly in to your own system.

• Searches include (but are not limited to):

• Performance by period• By category • By product• By member of staff, office or team• By keyword• By customer

• Report scheduler will enable you to send automated, specific reports at chosen times, to relevant individuals e.g. Customer Service, Marketing and Sales

• The insight reports provide allows you to tailor Marketing communications relevant to the sentiment of each customer

Maximising feedback data

Page 13: An Insightful Investment

Reporting across all levels

Report across multiple records and hierarchical levels.

Schedule and e-mail reports to all levels of the business.

Page 14: An Insightful Investment

Trusted Data = Actionable Insights

Insight Tags – Tag reviews with themes to enable additional insights across your feedback

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• Ability to send out individual NPS ®

campaigns

• NPS ® Dashboard – Ability to analyse by customer touch points and product types

• Email Alerts based on NPS ® score

Net Promoter Score®

Understanding customer feedback

Page 16: An Insightful Investment

What to dotomorrow...

Page 17: An Insightful Investment

What to do tomorrow…

• Make sure your reviews improve your website traffic, on-site conversions and sales

• Ensure customers can read, leave and trust reviews

Page 18: An Insightful Investment

What to do tomorrow…

• Use reviews to gain actionable insights• Identify trends and themes in feedback• Ask custom questions for targeted responses• Create reports across multiple levels

• Ensure you are investing in genuine reviews –and maximising the benefits!

Page 19: An Insightful Investment