SlideShare a Scribd company logo
1 of 21
Download to read offline
KRETRU-TOSH CONSULTING
Invested in your Customers’ Delight
Kretru.com
KRETRU-TOSH
Customer
Expectation
Management
Framework
Ashutosh Karandikar
Founder & Principal Consultant
KRETRU-TOSH Consulting
THE WHY OF CUSTOMER EXPECTATIONS
“fast-track the customer journey through the awareness, discovery, consideration, conversion,
retention phases!”
THE WHY OF CUSTOMER EXPECTATIONS
“Get to know the tacit & implicit needs of the customers and gain a market share on an
uncontested ground!”
THE WHY OF CUSTOMER EXPECTATIONS
“helps build a structured customer support/ customer service function that drives a
differentiated value advantage for you in the market”
THE WHO OF CUSTOMER EXPECTATIONS
“Understanding & managing customer expectations is an expensive & effort intensive exercise.
Knowing WHO your customer is and focusing on the right customer is absolutely critical!”
CRITICAL CONSIDERATIONS
“Customer is actually far more tolerant than how a typical binary (Satisfied or dissatisfied)
evaluation assumes”
CRITICAL CONSIDERATIONS
“Customers have a tacit understanding of a Zone of Tolerance within which they operate,
evaluate, finalize & rate an offering from a brand”
CRITICAL CONSIDERATIONS
“SCARF (Status, Certainty, Autonomy, Relatedness & Fairness) Framework tells us the hidden
motivations & expectations of a customer which define its Zone of Tolerance and delight
expectations.
• Customer Expectations are not static
• They change with time
• They change with Context
• They depend on fulfillment factors
• They depend on perception of alternatives
SCARF Framework Limitations
“SCARF Framework doesn’t help you assess & navigate the time & market dynamic factors. It
doesn’t let you know how should you strategize given the market expectations and your
fulfilment ability (Competency, Capacity, etc.)!”
Mining
Zone
Rapid
Alignment
Build
Trust
Zone
Niche Play
Fulfillment
Customer Expectations
Stable
Stable
Dynamic
Dynamic
Kretru-Tosh Expectation Management Framework
“This simple 2x2 gives a brand 4 options of strategic growth based on
- how dynamic are the changes in the customer expectations, and
- how dynamics is the brand in terms of adapting to & fulfilling those expectations”!
KEY TO SUCCESS (The Square Model)
• “Inch Wide, Mile Deep” approach to
growth. Focused Offering.
• Manoeuvre around changing expectations
landscape by building a niche customer
base and leverage it for the upswing
• Strong focus on fulfilling the
“Relatedness” aspect of the customer
expectations
S C A R F
Kretru-Tosh Expectation Management Framework
“Square Capital, LLC initially competed in a market that had rapidly changing technology & customer expectation
landscape (Payment APPS, Payment Devices, FinTech & FinServe innovations, etc.). Starting up with a drive to compete on
all fronts without having the investment appetite to build entire portfolio of offerings would have been next to impossible.
Instead, Square focused on a Niche customer segment (Small & Mid-Size Retailers) and built up the company from there”
Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view
KEY TO SUCCESS
(The Royal Enfield Model)
• Build a Sense of Community
• Establish a strong Psychological
Contract with your customers
• Strong focus on fulfilling the “Status”
aspect of the customer expectations
S C A R F
Kretru-Tosh Expectation Management Framework
“When the market, competition is not as dynamic and as fast in coming up with new offerings, new features and yet you to
build a differentiated competitive advantage for yourself as a brand, this model becomes the best fit. Royal Enfield
managed to mint the maximum out of its Classic Bullet Model purely because they managed to build a sense of pride and
community around ownership of this specific make and model”
Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view
KEY TO SUCCESS
(The Samsung Model)
• Strong focus on fulfilling the
“Autonomy” aspect of the
customer expectations
• Strong Segmentation &
Persona Management
• Necessity to build an
Ambidextrous Organization
that can drive Innovation as
well as Operational
Efficiency
S C A R F
Kretru-Tosh Expectation Management Framework
“Serving Multiple Customer segments with each having dynamically and rapidly changing expectations with a diversified portfolio
of offering is an enormous task and it needs an Ambidextrous Organization with clear & acute understanding of Customer
Segments, Personas, Portfolio Mapping and 1:1 Marketing & targeting. Samsung seems to be doing this quite successfully”
Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view
KEY TO SUCCESS
(The Airline Model)
• Strong focus on fulfilling the
“Status, Certainty, Autonomy
& Relatedness” aspect of the
customer expectations
• Strong Focus on Ecosystem &
not only Product/ Service
• Tiered Fulfilment (e.g.
Frequent Flier Program, point
based tiers and tier based
benefits)
S C A R F
Kretru-Tosh Expectation Management Framework
Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view
“When the customer expectations are quite static – Fly safely and on time without any hassles to the destination – and as a brand
you have to drive revenue up through a lot of cross/ up sells it is imperative to think of your business as an ecosystem and not a
product/ service focused enterprise. Think of an Airline and what all does it sell to you – Flights, Hotel Bookings, Concierge service,
Meals, Privileged Seating, etc.”
Mining
Zone
Rapid
Alignment
Build
Trust
Zone
Niche Play
Fulfillment
Customer Expectations
Stable
Stable
Dynamic
Dynamic
Kretru-Tosh Expectation Management Framework
“A critical and foundational aspect of customer experience and customer expectation management is that you cannot
please all and make everyone happy! Picking the right customer and focusing on the right expectations is the key to
success. This framework not only helps one align to the dynamics of the market but also in turn align your corporate
strategy to your customer experience strategy!”
LETS TALK
www.kretru.com
https://www.linkedin.com/in/ashutosh-karandikar/
https://twitter.com/AshutoshCK
Karandikar.Ashutosh@gmail.com
+91 9591387838
WHAT DOES KRETRU-TOSH MEAN?
KRETRU [Customer] TOSH [Delight]
- underpins the outcome that we passionately
pursue. We strongly believe that how you
make your customers feel while they interact
with you defines whether they will ever
interact with you again. And in today’s global
market of unlimited choices, multiple journey
touch points, multiple channels, online-offline
convergence and digital platforms, customer
experience is that critical differentiator that
brands can no more ignore.
www.kretru.com
HOW WE ADD VALUE?
CUSTOMER EXPERIENCE STRATEGY
CX MATURITY ASSESSMENT
DIGITAL MATURITY ASSESSMENT
EMPATHY WORKSHOPS
CUSTOMER JOURNEY MAPPING
JOURNEY MAPPING WORKSHOPS
TOUCHPOINT TRANSFORMATION
CUSTOMER 360 IMPLEMENTATION
CX TECH ROADMAPPING
GROWTH HACKING
GTM STRATEGY & EXECUTION
AGILE SALES IMPLEMENTATION
AGILE SALES COACHING
We help you acquire, retain & service your customers in a better way so that they become your staunch brand advocates
Our unique Agile approach involves Design thinking to identify priorities & techno-creative solutions and periodic measurement
of outcomes over a retrospective to get you an ROI centric view of things as your progress along the CX Maturity curve.
www.kretru.com
OUR APPROACH
www.kretru.com
PLANNING
DESIGN THINKING BASED
ROADMAP
Due
Diligence
Questionnaire
Workshop
Design
Problem
Identification
Prioritization
Success
Measures
Workshop
GOAL SETTING
We believe in having a “skin in the game” approach to our consulting assignments. We drive this by having an ROI
Focused approach to arrive at measurable outcomes that can be tracked for success and further for outcome based pay-out
www.kretru.com

More Related Content

Recently uploaded

ATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARU
ATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARUATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARU
ATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARUsayangkamuu240203
 
BrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond Google
BrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond GoogleBrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond Google
BrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond GoogleSimilarweb
 
Webinar: What the Hell is Legitimate Interest?
Webinar: What the Hell is Legitimate Interest?Webinar: What the Hell is Legitimate Interest?
Webinar: What the Hell is Legitimate Interest?NapierPR
 
How to Start and Grow a Digital Marketing Agency
How to Start and Grow a Digital Marketing AgencyHow to Start and Grow a Digital Marketing Agency
How to Start and Grow a Digital Marketing AgencyEnvi Guru
 
Building Your Customer Base with MailPoet.pdf
Building Your Customer Base with MailPoet.pdfBuilding Your Customer Base with MailPoet.pdf
Building Your Customer Base with MailPoet.pdfChristopher Ross
 
Beyond the Basics: Enhanced Strategies for Next-Level Advertising
Beyond the Basics: Enhanced Strategies for Next-Level AdvertisingBeyond the Basics: Enhanced Strategies for Next-Level Advertising
Beyond the Basics: Enhanced Strategies for Next-Level AdvertisingJessieGoodrum1
 
The Wide-Format Experience | PrintAction
The Wide-Format Experience | PrintActionThe Wide-Format Experience | PrintAction
The Wide-Format Experience | PrintActionVictoria Gaitskell
 
Affiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdf
Affiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdfAffiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdf
Affiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdfatinukehassan87
 
The ClearVoice Approach to Content Audits
The ClearVoice Approach to Content AuditsThe ClearVoice Approach to Content Audits
The ClearVoice Approach to Content AuditsClearVoice
 
Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...
Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...
Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...Prof. Marcus Renato de Carvalho
 
Colgate Palmolive Human Resources Management .pdf
Colgate Palmolive Human Resources Management .pdfColgate Palmolive Human Resources Management .pdf
Colgate Palmolive Human Resources Management .pdfArunPagare2
 
Wide Format Resource Guide | PrintAction
Wide Format Resource Guide | PrintActionWide Format Resource Guide | PrintAction
Wide Format Resource Guide | PrintActionVictoria Gaitskell
 
Link Building in 2024: What Works, What Doesn't, and What's Next
Link Building in 2024: What Works, What Doesn't, and What's NextLink Building in 2024: What Works, What Doesn't, and What's Next
Link Building in 2024: What Works, What Doesn't, and What's NextSearch Engine Journal
 
Social Media Paid Ads Performance Report.pdf
Social Media Paid Ads Performance Report.pdfSocial Media Paid Ads Performance Report.pdf
Social Media Paid Ads Performance Report.pdfReportGarden
 
The Impact of lift advertising Screens in elevator Advertising
The Impact of lift advertising Screens in elevator AdvertisingThe Impact of lift advertising Screens in elevator Advertising
The Impact of lift advertising Screens in elevator AdvertisingVikasYadav194549
 
Why Digital Marketing Important for our Business.pdf
Why Digital Marketing Important for our Business.pdfWhy Digital Marketing Important for our Business.pdf
Why Digital Marketing Important for our Business.pdfInfyQ Seo Experts
 
NexGen Alignment: ABM’s Role in Uniting Marketing and Sales
NexGen Alignment: ABM’s Role in Uniting Marketing and SalesNexGen Alignment: ABM’s Role in Uniting Marketing and Sales
NexGen Alignment: ABM’s Role in Uniting Marketing and SalesDemandbase
 
Using GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptx
Using GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptxUsing GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptx
Using GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptxGreg Jarboe
 

Recently uploaded (20)

ATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARU
ATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARUATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARU
ATRIUM GAMING : SLOT GACOR MUDAH MENANG TERBARU
 
BrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond Google
BrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond GoogleBrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond Google
BrightonSEO - Search Engine Omnipresence_ Why SEOs need to look beyond Google
 
Webinar: What the Hell is Legitimate Interest?
Webinar: What the Hell is Legitimate Interest?Webinar: What the Hell is Legitimate Interest?
Webinar: What the Hell is Legitimate Interest?
 
How to Start and Grow a Digital Marketing Agency
How to Start and Grow a Digital Marketing AgencyHow to Start and Grow a Digital Marketing Agency
How to Start and Grow a Digital Marketing Agency
 
Building Your Customer Base with MailPoet.pdf
Building Your Customer Base with MailPoet.pdfBuilding Your Customer Base with MailPoet.pdf
Building Your Customer Base with MailPoet.pdf
 
Beyond the Basics: Enhanced Strategies for Next-Level Advertising
Beyond the Basics: Enhanced Strategies for Next-Level AdvertisingBeyond the Basics: Enhanced Strategies for Next-Level Advertising
Beyond the Basics: Enhanced Strategies for Next-Level Advertising
 
The Wide-Format Experience | PrintAction
The Wide-Format Experience | PrintActionThe Wide-Format Experience | PrintAction
The Wide-Format Experience | PrintAction
 
Affiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdf
Affiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdfAffiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdf
Affiliate Marketing Basic Guide For Beginners _20240521_091615_0000.pdf
 
The ClearVoice Approach to Content Audits
The ClearVoice Approach to Content AuditsThe ClearVoice Approach to Content Audits
The ClearVoice Approach to Content Audits
 
Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...
Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...
Relatório da OMS / Unicef / IBFAN sobre a situação do Código Internacional de...
 
Colgate Palmolive Human Resources Management .pdf
Colgate Palmolive Human Resources Management .pdfColgate Palmolive Human Resources Management .pdf
Colgate Palmolive Human Resources Management .pdf
 
Media Wall Street | Best Branding And Marketing Agency In Chandigarh
Media Wall Street | Best Branding And Marketing Agency In ChandigarhMedia Wall Street | Best Branding And Marketing Agency In Chandigarh
Media Wall Street | Best Branding And Marketing Agency In Chandigarh
 
Wide Format Resource Guide | PrintAction
Wide Format Resource Guide | PrintActionWide Format Resource Guide | PrintAction
Wide Format Resource Guide | PrintAction
 
buy best digital marketing course in india
buy best digital marketing course in indiabuy best digital marketing course in india
buy best digital marketing course in india
 
Link Building in 2024: What Works, What Doesn't, and What's Next
Link Building in 2024: What Works, What Doesn't, and What's NextLink Building in 2024: What Works, What Doesn't, and What's Next
Link Building in 2024: What Works, What Doesn't, and What's Next
 
Social Media Paid Ads Performance Report.pdf
Social Media Paid Ads Performance Report.pdfSocial Media Paid Ads Performance Report.pdf
Social Media Paid Ads Performance Report.pdf
 
The Impact of lift advertising Screens in elevator Advertising
The Impact of lift advertising Screens in elevator AdvertisingThe Impact of lift advertising Screens in elevator Advertising
The Impact of lift advertising Screens in elevator Advertising
 
Why Digital Marketing Important for our Business.pdf
Why Digital Marketing Important for our Business.pdfWhy Digital Marketing Important for our Business.pdf
Why Digital Marketing Important for our Business.pdf
 
NexGen Alignment: ABM’s Role in Uniting Marketing and Sales
NexGen Alignment: ABM’s Role in Uniting Marketing and SalesNexGen Alignment: ABM’s Role in Uniting Marketing and Sales
NexGen Alignment: ABM’s Role in Uniting Marketing and Sales
 
Using GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptx
Using GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptxUsing GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptx
Using GA 4 to to Prove Value - Greg Jarboe - Aug 8, 2023.pptx
 

Featured

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...DevGAMM Conference
 

Featured (20)

Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 

Kretru tosh consulting - customer expectation management framework

  • 1. KRETRU-TOSH CONSULTING Invested in your Customers’ Delight Kretru.com
  • 3. THE WHY OF CUSTOMER EXPECTATIONS “fast-track the customer journey through the awareness, discovery, consideration, conversion, retention phases!”
  • 4. THE WHY OF CUSTOMER EXPECTATIONS “Get to know the tacit & implicit needs of the customers and gain a market share on an uncontested ground!”
  • 5. THE WHY OF CUSTOMER EXPECTATIONS “helps build a structured customer support/ customer service function that drives a differentiated value advantage for you in the market”
  • 6. THE WHO OF CUSTOMER EXPECTATIONS “Understanding & managing customer expectations is an expensive & effort intensive exercise. Knowing WHO your customer is and focusing on the right customer is absolutely critical!”
  • 7. CRITICAL CONSIDERATIONS “Customer is actually far more tolerant than how a typical binary (Satisfied or dissatisfied) evaluation assumes”
  • 8. CRITICAL CONSIDERATIONS “Customers have a tacit understanding of a Zone of Tolerance within which they operate, evaluate, finalize & rate an offering from a brand”
  • 9. CRITICAL CONSIDERATIONS “SCARF (Status, Certainty, Autonomy, Relatedness & Fairness) Framework tells us the hidden motivations & expectations of a customer which define its Zone of Tolerance and delight expectations.
  • 10. • Customer Expectations are not static • They change with time • They change with Context • They depend on fulfillment factors • They depend on perception of alternatives SCARF Framework Limitations “SCARF Framework doesn’t help you assess & navigate the time & market dynamic factors. It doesn’t let you know how should you strategize given the market expectations and your fulfilment ability (Competency, Capacity, etc.)!”
  • 11. Mining Zone Rapid Alignment Build Trust Zone Niche Play Fulfillment Customer Expectations Stable Stable Dynamic Dynamic Kretru-Tosh Expectation Management Framework “This simple 2x2 gives a brand 4 options of strategic growth based on - how dynamic are the changes in the customer expectations, and - how dynamics is the brand in terms of adapting to & fulfilling those expectations”!
  • 12. KEY TO SUCCESS (The Square Model) • “Inch Wide, Mile Deep” approach to growth. Focused Offering. • Manoeuvre around changing expectations landscape by building a niche customer base and leverage it for the upswing • Strong focus on fulfilling the “Relatedness” aspect of the customer expectations S C A R F Kretru-Tosh Expectation Management Framework “Square Capital, LLC initially competed in a market that had rapidly changing technology & customer expectation landscape (Payment APPS, Payment Devices, FinTech & FinServe innovations, etc.). Starting up with a drive to compete on all fronts without having the investment appetite to build entire portfolio of offerings would have been next to impossible. Instead, Square focused on a Niche customer segment (Small & Mid-Size Retailers) and built up the company from there” Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view
  • 13. KEY TO SUCCESS (The Royal Enfield Model) • Build a Sense of Community • Establish a strong Psychological Contract with your customers • Strong focus on fulfilling the “Status” aspect of the customer expectations S C A R F Kretru-Tosh Expectation Management Framework “When the market, competition is not as dynamic and as fast in coming up with new offerings, new features and yet you to build a differentiated competitive advantage for yourself as a brand, this model becomes the best fit. Royal Enfield managed to mint the maximum out of its Classic Bullet Model purely because they managed to build a sense of pride and community around ownership of this specific make and model” Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view
  • 14. KEY TO SUCCESS (The Samsung Model) • Strong focus on fulfilling the “Autonomy” aspect of the customer expectations • Strong Segmentation & Persona Management • Necessity to build an Ambidextrous Organization that can drive Innovation as well as Operational Efficiency S C A R F Kretru-Tosh Expectation Management Framework “Serving Multiple Customer segments with each having dynamically and rapidly changing expectations with a diversified portfolio of offering is an enormous task and it needs an Ambidextrous Organization with clear & acute understanding of Customer Segments, Personas, Portfolio Mapping and 1:1 Marketing & targeting. Samsung seems to be doing this quite successfully” Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view
  • 15. KEY TO SUCCESS (The Airline Model) • Strong focus on fulfilling the “Status, Certainty, Autonomy & Relatedness” aspect of the customer expectations • Strong Focus on Ecosystem & not only Product/ Service • Tiered Fulfilment (e.g. Frequent Flier Program, point based tiers and tier based benefits) S C A R F Kretru-Tosh Expectation Management Framework Disclaimer: Brands quoted are indicative exemplifiers. Which means they have been referred to illustrate the case in point but are not necessarily evaluated from a detailed research or academic point of view “When the customer expectations are quite static – Fly safely and on time without any hassles to the destination – and as a brand you have to drive revenue up through a lot of cross/ up sells it is imperative to think of your business as an ecosystem and not a product/ service focused enterprise. Think of an Airline and what all does it sell to you – Flights, Hotel Bookings, Concierge service, Meals, Privileged Seating, etc.”
  • 16. Mining Zone Rapid Alignment Build Trust Zone Niche Play Fulfillment Customer Expectations Stable Stable Dynamic Dynamic Kretru-Tosh Expectation Management Framework “A critical and foundational aspect of customer experience and customer expectation management is that you cannot please all and make everyone happy! Picking the right customer and focusing on the right expectations is the key to success. This framework not only helps one align to the dynamics of the market but also in turn align your corporate strategy to your customer experience strategy!”
  • 18. WHAT DOES KRETRU-TOSH MEAN? KRETRU [Customer] TOSH [Delight] - underpins the outcome that we passionately pursue. We strongly believe that how you make your customers feel while they interact with you defines whether they will ever interact with you again. And in today’s global market of unlimited choices, multiple journey touch points, multiple channels, online-offline convergence and digital platforms, customer experience is that critical differentiator that brands can no more ignore. www.kretru.com
  • 19. HOW WE ADD VALUE? CUSTOMER EXPERIENCE STRATEGY CX MATURITY ASSESSMENT DIGITAL MATURITY ASSESSMENT EMPATHY WORKSHOPS CUSTOMER JOURNEY MAPPING JOURNEY MAPPING WORKSHOPS TOUCHPOINT TRANSFORMATION CUSTOMER 360 IMPLEMENTATION CX TECH ROADMAPPING GROWTH HACKING GTM STRATEGY & EXECUTION AGILE SALES IMPLEMENTATION AGILE SALES COACHING We help you acquire, retain & service your customers in a better way so that they become your staunch brand advocates Our unique Agile approach involves Design thinking to identify priorities & techno-creative solutions and periodic measurement of outcomes over a retrospective to get you an ROI centric view of things as your progress along the CX Maturity curve. www.kretru.com
  • 20. OUR APPROACH www.kretru.com PLANNING DESIGN THINKING BASED ROADMAP Due Diligence Questionnaire Workshop Design Problem Identification Prioritization Success Measures Workshop GOAL SETTING We believe in having a “skin in the game” approach to our consulting assignments. We drive this by having an ROI Focused approach to arrive at measurable outcomes that can be tracked for success and further for outcome based pay-out