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© 2010 - 2015 Constellation Research, Inc. All rights reserved. TM #CEM Webinar | @ drnatalie| @rwang0| @BoldChat Five Ways To Deliver Exceptional Customer Care in 2015 Natalie Petouhoff (@drnatalie) Vice President & Principal Analyst January 27 th , 2015 R “Ray” Wang (@rwang0) Principal Analyst & CEO The State of Customer Service and Support Evolves in 2015 To Customer Success Management
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Page 1: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved.

TM

#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Five Ways To Deliver

Exceptional Customer Care

in 2015

Natalie Petouhoff (@drnatalie)

Vice President & Principal Analyst

January 27th, 2015

R “Ray” Wang (@rwang0)

Principal Analyst & CEO

The State of Customer Service and Support Evolves in 2015 To

Customer Success Management

Page 2: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 2#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Housekeeping Items

This webinar is being recorded

Take advantage of the Q&A chat box

Tweet with us

- Use #CEMwebinar

- Reference @drnatalie | @rwang0 | @BoldChat

Page 3: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 3#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Page 4: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 4#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

2015 is the year of the customer’s choice

Digital disruption and the emergence of mobile in customer care has changed everything

Next generation customer experiences have to be customer-centric

Must deliver ubiquitous customer care - support when & where customers are

Choice of channels is up to the customer, not the company

Example Channels: Chat vs. Phone: need both, but perfect chat to reduce costs & improve the experience

Key takeaways: What companies can do to stay ahead/make a difference in 2015

Page 5: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

This is the year of the

customer’s choice:• Opt-in Customers

– Customers can easily find information about

products and services

– And from sources they trust – peers

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Page 6: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

What are customers saying about your products?

• Take any product

• Where are customer sharing their

thoughts and experiences?

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Page 7: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Customers believe other customers reviews

• Customers believe each other

• Sometimes, even if they don’t

know each other

7

457 REVIEWS• 5 STAR: 285

• 4 STAR: 111

• 3 STAR: 27

• 2 STAR: 17

• 1 STAR: 17

Page 8: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Companies need to be listening and

responsive

8

Company Answered Questions &

Dialogue With Customers:

– 141

– Tells you the company is

listening & responding

Page 9: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

You are a customer: Who do you Believe?

9

Company Answered Questions & Has A Dialogue With Customers:

– People vote on the answers the company gives

– This requires something very different for companies

Page 10: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Opt-Out

Customers

Customers can easily opt-out

of doing business with you if

you loose their trust

10

BYE

Page 11: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 11#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

11

Organizations need to rethink their approach…

IT’S TIME

TO RETHINK

EVERYTHING…& understand what the

digital disruption means to your business…

Page 12: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 12#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

The Digital

DisruptionRequires companies to be….

Transparent - Authentic - Genuine - Honest – Respectful - Helpful – Kind – Trustworthy

Page 13: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Digital disruption is changing business

• CoIT –

– Consumerization of IT

– Means that consumers

want everything they use

when they interact with

you to be easy and simple

– like Google & Facebook

• Are you making it easy or

difficult to do business with

you?

• User interface design is

extremely important

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Page 14: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Digital disruption means being

customer-centric• Next generation customer experience

has to be customer-centric

• Need a strategy to change how the

company approaches its customers

– Customer-centric Strategy

– Customer-centric People (employees,

partners, stakeholders…)

– Customer-centric Processes

– Customer-centric Technology

• May require organizational change

management

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Page 15: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat 15

Source:: Internet Retailer, 2015, Internet Retailer, 2014, comScore Inc.

Mobile Sales

• 25% of online sales during the

2014 holiday; up 27.2%

• 56% of time spent online retail

occurred on a mobile device

Part of the digital disruption:

Mobile has changed the game

Mobile web visits • 45% of all online traffic stemming from mobile devices,

up 25.5%

Page 16: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Mobile is key to

your business

Example: mobile traffic to the 26 retail

clients for 1 month

• Generated $180 million in web

revenue in August 2014

• 27.3% from smartphones and tablets

This is all part of the

digital disruption

16

Sources: Internet Retailer, 2015, Internet Retailer, 2014, comScore Inc.

Page 17: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Digital disruption means delivering

ubiquitous customer care • Multi-channel:

– Operational view of how customer interact

within each channel

• Omni-channel:

– Implies it’s the customer’s view of their

interactions with the company,

– Orchestrated across all channels in a

seamless, integrated and consistent context

• Ubiquitous channels

– Providing support when and where ever

customers are, 24/7

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Page 18: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

New focus: ubiquitous channels

• No premeditation by customer on which

channel or device they will use to interact

with a brand and make a purchase

• But there must be hyper-premeditation by

the brand to create ubiquitous channel

and device loyalty

• Choice of channels is up to the customer,

not the company

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Page 19: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Channel preference vs. customer experience

A customer may prefer to

speak to an agent

• Because they want to

talk to a human

• But because the phone

experience is so

frustrating, they want to

avoid the phone

• That’s why something

like chat is a good option

19

How can I help you?

I’m having problems with…

Page 20: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 20#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Customers Have More Choices Than Ever

20…with unboundless options; will they pick your company?

Page 21: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Customer Service…

Is now customer success management• Customer Success Management

– Don’t just care about the customer as a lead

– Don’t just care about the customer as a sale

– Don’t just care about the customer in service

• Care about the customer in every interaction

– Great, continuous, consistent experiences

– Retention, revenue = increase customer lifetime value

– Bad experiences: lost customer

• No Customers, No Business. It’s that simple.

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Page 22: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 22#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Customer success management…

Customer Lifetime Value• How long a customer buys from you

• How much they buy each time

• How much their purchase amount goes up over time

Increase the number of customers and their customer lifetime value, continuously

Page 23: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Where is your company on the digital

transformation of next generation customer

service?

Market Leaders will• Grow their revenue • Reduce costs faster

Than any other segment

Page 24: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat© 2010 - 2015 Constellation Research, Inc. All rights reserved. 24#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Takeaways to Get/Stay Ahead of The

Competition

Page 25: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 25#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

1. Understand what digital transformation

entails

Page 26: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 26#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

2. Decide to deliver great digital customer

experiences

Page 27: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 27#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

3. Gain buy-in & support from all levels in the

organization top to bottom

Page 28: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 28#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

4. Evaluate where you are with respect to

providing ubiquitous channel and device

experiences.

What’s your score?

Page 29: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 29#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

5. Your gaps create your roadmap for next

generation, ubiquitous channel and device,

customer-centric experiences.

Page 30: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 - 2015 Constellation Research, Inc. All rights reserved. © 2010 - 2015 Constellation Research, Inc. All rights reserved. 30#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Savvy customer service professionals are

leading their companies

…not only to advance service, but to lead the whole

company in transforming Customer Service into

Customer Success Management

Page 31: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat© 2010 - 2015 Constellation Research, Inc. All rights reserved. 31#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Q & A

Page 32: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat© 2010 - 2015 Constellation Research, Inc. All rights reserved. 32#CEM Webinar | @ drnatalie| @rwang0| @BoldChat

Thank you

R “Ray” Wang

[email protected]

Twitter: @rwang0

Dr. Natalie Petouhoff

[email protected]

Twitter: @drnatalie

Page 33: Five Ways To Deliver Exceptional Customer Care in 2015

© 2010 – 2015 Constellation Research, Inc. All rights reserved. #CEM Webinar | @ drnatalie| @rwang0| @BoldChat

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