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Customer Experience
   Management
       May 2012




                  Bloomsbury Park
What & why?
• The means by which customer interaction
  with an organisation can be monitored,
  improved & capitalised upon
• Wants, needs & goals
• Convert customers to advocates
• Increase share of wallet



                                  Bloomsbury Park
CEM touch-point 1.

 Physical
 eg. product; off line
 advertising

 One-way
 communication



                 Bloomsbury Park
CEM touch-point 2.

   Personal
   eg. telephone; face-
   to-face

   Two-way
   communication



                Bloomsbury Park
CEM touch-point 3.

     Interactive
     eg. social & mobile
     web / UGC

     Multi-directional
     communication




               Bloomsbury Park
Customer relationship lifecycle
     Pre-purchase                 Purchase               Post-purchase




Attraction    Discovery     Purchase    Satisfaction   Loyalty       Advocacy




 - Identity         - Belief           - Pleasure           - Pride
 - Values           - Promise          - Champion           - Belonging




Emotional & psychological journey
                                                                 Bloomsbury Park
Why are advocates so important?




       • New customer acquisition = £££££
   • 2% retention increase = 10% profit increase

                                            Bloomsbury Park
The evolving importance of brand
• Consumers look for brand meaning, to
  build & evolve their own identity
• Today’s transparent world enables
  consumers to move fast
• So deep understanding & effective
  management of their experience is vital




                                     Bloomsbury Park
CEM & brand experience

• Old brand =
  image & identity




                         Bloomsbury Park
CEM & brand experience

• New brand = values, belief, actions




                                        Bloomsbury Park
CEM & brand experience
                   Physical touch-
                   points
                   • Advertising
                   • Product
                   • DM & promotion
                                                          Lifecycle    • Lifecycle
                                                          experience
                                                                         experience
                                                          Brand
                                                                         must reflect
                   Brand
                                                          experience     values,
                 experience                                              promise &
Interactive
touch-points
                                      Personal touch-
                                      points
                                                                         psychological
• Social media
• Blogs
• Demos
                                      • Sales / service
                                      • Support
                                      • Management
                                                                         contract


                                                                            Bloomsbury Park
CRM                          CEM
• Enterprise process         • Highly personalised,
  focused                      real-time response
• Manages customers thro     • Enhances experience
  defined pathways           • Creates value-oriented
• ‘Binary’ data collection     interactions
• Build marketing & sales    • Informs improvements
  campaigns                  • Understand product &
• Informs & encourages         service development
  demand                     • Insight into wants
                               needs & goals
                                         Bloomsbury Park
Advantage CEM
                        Sharing &
                          social
                       interaction


    Product &
                                            Customer
     service
                                           feels valued
    improves




          Customer                   Encourages
          experience                 ownership &
          enhanced                     insights
                                                    Bloomsbury Park
Effective CEM: cultural climate

• Demands a corporate mind-set that:
  – Values social interaction as a means to get
    closer to customers
  – Has honesty & resolve to acknowledge &
    deal with failings
  – Is set up to establish communities of
    purpose to drive further customer value

                                      Bloomsbury Park
Deliverables
• Powerful & highly segmentised insights
• ‘Big data’ provides opportunity for effective
  behavioural analysis, insight & intelligence:
   – Sales teams
   – Marketing campaigns
   – Service enhancement
   – Product development
   – Customer focused value
                                      Bloomsbury Park
What’s next?
• Continued ‘enterprisation’ through:
  – The intention web:
     • Mapping plans, aspirations, schedules,
       likes etc
     • Informs determines, predicts &
       catalyses likely/anticipated
       interactions
  – Context aware mobile computing

                                     Bloomsbury Park
Bloomsbury Park

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Customer Experience Management

  • 1. Customer Experience Management May 2012 Bloomsbury Park
  • 2. What & why? • The means by which customer interaction with an organisation can be monitored, improved & capitalised upon • Wants, needs & goals • Convert customers to advocates • Increase share of wallet Bloomsbury Park
  • 3. CEM touch-point 1. Physical eg. product; off line advertising One-way communication Bloomsbury Park
  • 4. CEM touch-point 2. Personal eg. telephone; face- to-face Two-way communication Bloomsbury Park
  • 5. CEM touch-point 3. Interactive eg. social & mobile web / UGC Multi-directional communication Bloomsbury Park
  • 6. Customer relationship lifecycle Pre-purchase Purchase Post-purchase Attraction Discovery Purchase Satisfaction Loyalty Advocacy - Identity - Belief - Pleasure - Pride - Values - Promise - Champion - Belonging Emotional & psychological journey Bloomsbury Park
  • 7. Why are advocates so important? • New customer acquisition = £££££ • 2% retention increase = 10% profit increase Bloomsbury Park
  • 8. The evolving importance of brand • Consumers look for brand meaning, to build & evolve their own identity • Today’s transparent world enables consumers to move fast • So deep understanding & effective management of their experience is vital Bloomsbury Park
  • 9. CEM & brand experience • Old brand = image & identity Bloomsbury Park
  • 10. CEM & brand experience • New brand = values, belief, actions Bloomsbury Park
  • 11. CEM & brand experience Physical touch- points • Advertising • Product • DM & promotion Lifecycle • Lifecycle experience experience Brand must reflect Brand experience values, experience promise & Interactive touch-points Personal touch- points psychological • Social media • Blogs • Demos • Sales / service • Support • Management contract Bloomsbury Park
  • 12. CRM CEM • Enterprise process • Highly personalised, focused real-time response • Manages customers thro • Enhances experience defined pathways • Creates value-oriented • ‘Binary’ data collection interactions • Build marketing & sales • Informs improvements campaigns • Understand product & • Informs & encourages service development demand • Insight into wants needs & goals Bloomsbury Park
  • 13. Advantage CEM Sharing & social interaction Product & Customer service feels valued improves Customer Encourages experience ownership & enhanced insights Bloomsbury Park
  • 14. Effective CEM: cultural climate • Demands a corporate mind-set that: – Values social interaction as a means to get closer to customers – Has honesty & resolve to acknowledge & deal with failings – Is set up to establish communities of purpose to drive further customer value Bloomsbury Park
  • 15. Deliverables • Powerful & highly segmentised insights • ‘Big data’ provides opportunity for effective behavioural analysis, insight & intelligence: – Sales teams – Marketing campaigns – Service enhancement – Product development – Customer focused value Bloomsbury Park
  • 16. What’s next? • Continued ‘enterprisation’ through: – The intention web: • Mapping plans, aspirations, schedules, likes etc • Informs determines, predicts & catalyses likely/anticipated interactions – Context aware mobile computing Bloomsbury Park