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BRAND, SERVICE & COMMERCE CONVERGENCE TACTICS WWW.VALTECH.NL/BLOG/CONVERGENCE [email protected]
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Brand, Service & Commerce convergence tactics

Jan 10, 2017

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Page 1: Brand, Service & Commerce convergence tactics

BRAND, SERVICE & COMMERCECONVERGENCE TACTICS

WWW.VALTECH.NL/BLOG/[email protected]

Page 2: Brand, Service & Commerce convergence tactics

BRAND

COMMERCESERVICE

Page 3: Brand, Service & Commerce convergence tactics

We see that digital champion brands look at brand, service, and commerce in an integrated way. At the heart of customer experience lies the continuous improvement of these three dimensions.

Disruptors like HelloFresh (Food), Coolblue (Retail), and AirBnB(Travel) have combined brand, service, and commerce into a platform that gives the customer a distinctive total experience thanks to an ecosystem consisting of products and services.

EXPERIENCEPLATFORMS- Thetotalexperienceistheproduct

Page 4: Brand, Service & Commerce convergence tactics

THE CONVERGENCE

OF

CONVERGENCE CONTEXT

De digitale winnaars zien brand, service en commerce als een geïntegreerd geheel en niet als losse entiteiten. In de klantbeleving staat het versterken van merk, commerce en service continu centraal. Op de verschillende assen vinden er specieke integraties plaats met specifieke focus thema's:

SERVICE COMMERCE

BRAND

BRAND + COMMERCE

Direct channelsOmnichannelingMarketplaces

SERVICE + COMMERCE

SubscriptionsUtilitiesConversations

BRAND + SERVICE

EfficiencyConvenienceSmart support

BRAND + SERVICE + COMMERCE

Het geheel wordt neergezet als platform een totaal beleving dat bestaat uit een ecosysteem van producten en diensten, waarmee de klant een onderscheidende ervaring krijgt.

THE CONVERGENCE

OF

CONVERGENCE CONTEXT

De digitale winnaars zien brand, service en commerce als een geïntegreerd geheel en niet als losse entiteiten. In de klantbeleving staat het versterken van merk, commerce en service continu centraal. Op de verschillende assen vinden er specieke integraties plaats met specifieke focus thema's:

SERVICE COMMERCE

BRAND

BRAND + COMMERCE

Direct channelsOmnichannelingMarketplaces

SERVICE + COMMERCE

SubscriptionsUtilitiesConversations

BRAND + SERVICE

EfficiencyConvenienceSmart support

BRAND + SERVICE + COMMERCE

Het geheel wordt neergezet als platform een totaal beleving dat bestaat uit een ecosysteem van producten en diensten, waarmee de klant een onderscheidende ervaring krijgt.

Page 5: Brand, Service & Commerce convergence tactics

BRAND COMMERCESERVICE+ +

CONVERGENCE

Page 6: Brand, Service & Commerce convergence tactics

If you aspire the Holy Grail of complete integration as a non-digital company, you inflict a paralyzing ambition upon your organisation. Setting strategical priorities on the intersections of digital integration helps to prevent getting stuck in an abundance of initiatives.

The various integration options are defined and rolled out in thematically and stepwise manner. Each convergence intersections has its own attributes, opportunities, and challenges.

In the following slides a selection of various integration tactics are presented.

Page 7: Brand, Service & Commerce convergence tactics

BRAND

COMMERCESERVICE

• OMNICHANNEL• GO DIRECT (D2C)• EXPERIENCE COMMERCE

Page 8: Brand, Service & Commerce convergence tactics

There is still a lot to be gained in the field of creating seamless commerce journey experiences,

One trend is that traditional retail brands are moving the transactional aspect outside the store, transforming the physical channel into a service point.

BRAND + COMMERCE

OMNICHANNEL

Page 9: Brand, Service & Commerce convergence tactics

Going direct is a great opportunity for brand manufacturers to reclaim ownership of the customer experience, retain a bigger margin, and presenting the product assortment with the right content.

Nowadays, there are multiple models and mechanisms that invalidate the fear of channel conflict when creating an own commerce channel.

For more information please consult this article

GO DIRECTBRAND + COMMERCE

Page 10: Brand, Service & Commerce convergence tactics

Brand experience added into the commerce interaction is necessary for a multitude of products and services in order to convey a distinctive brand value.

This applies to Fast Moving Consumer Goods, but also services in which storytelling is used to make the experience more tangible in an online environment.

BRAND + COMMERCE

EXPERIENCECOMMERCE

Page 11: Brand, Service & Commerce convergence tactics

BRAND

COMMERCESERVICE

• SELF-SERVICE• INSTANT SERVICE• SMART SUPPORT

Page 12: Brand, Service & Commerce convergence tactics

Self-service ratio and first time right KPI’s are the business drivers that enable customers to do more by themselves.

Service efficiency is not only about autonomy of the customers. It also means thinking about how customers experience the convenience of interacting with an organisation.

SELF-SERVICE(CONVENIENCE)

BRAND + SERVICE

Page 13: Brand, Service & Commerce convergence tactics

“Thank you for your question. We will come back to you with in answer within 5 days.” #FAIL

Customers want to be serviced immediately and expect an organisation to talk back.

INSTANTSERVICE

BRAND + SERVICE

Page 14: Brand, Service & Commerce convergence tactics

Brands possess a wealth of data with which they can pro-actively inform customers. In turn, this can help improve the service and avoid negative surprises amongst other things.

These contact moments also offer commerce opportunities.

SMARTSUPPORT

BRAND + SERVICE

Page 15: Brand, Service & Commerce convergence tactics

BRAND

COMMERCESERVICESUBSCRIPTIONSBRAND UTILITIES

CONVERSATIONAL COMMERCE

Page 16: Brand, Service & Commerce convergence tactics

SERVICE + COMMERCE

SUBSCRIPTIONS

“Everything as a service”A growing number of services (e.g. Food, Media, Software) are offered as a subscription model.

A subscription model enables customers the convenience and a low threshold for access to the services and products.

Page 17: Brand, Service & Commerce convergence tactics

SERVICE + COMMERCE

BRAND UTILITIES

Utilities are added to a product or service, sometimes even as a subscription model.

These tools offer relevant insights and advice in the form of data that encourages customers to act.

Page 18: Brand, Service & Commerce convergence tactics

SERVICE + COMMERCE

CONVERSATIONALCOMMERCEConversational commerce is a theme that is gaining momentum.

An example of this is integrating a virtual assistant into the decision making process to offer support and encourage a purchase.

Page 19: Brand, Service & Commerce convergence tactics

CONVERGENCEACCELERATORS

Page 20: Brand, Service & Commerce convergence tactics

“The next big thing isn’t a thing.The next big thing is a change in the relationships amongst things that are already there”

CONVERGENCE MINDSET

Page 21: Brand, Service & Commerce convergence tactics

CONVERGENCE ACCELERATOR 1THINKPLATFORMBrand, service, and commerce integrations demand an operating system – functional and technical – in which products and services complement each other to create a total experience.

Page 22: Brand, Service & Commerce convergence tactics

CONVERGENCE ACCELERATOR 2EMBRACESERVICE DESIGNAs a customer, every step feels logical, natural, and pleasant. Integral designing of customer experiences across touch points and journeys is a core competence to realize integration.

Page 23: Brand, Service & Commerce convergence tactics

CONVERGENCE ACCELERATOR 3FLEXIBLE ORGANISATIONIn order to realize integration success, new, more flexible organisational structures and roles are necessary. Customer experience needs to be at the centre of it all, and representatives of brand, service, and commerce need to collaborate.

Page 24: Brand, Service & Commerce convergence tactics

THANKS & CHECKWWW.VALTECH.COM/BLOG/CONVERGENCE