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Cisco Webex Experience Management
1.
2.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential “We take most of the money that we could have spent on paid advertising and instead put it back into the customer experience. Then we let the customers be our marketing. Historically, our number-one growth driver has been from repeat customers and word-of-mouth.” - Tony Hsieh, CEO Zappos
3.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential “We take most of the money that we could have spent on paid advertising and instead put it back into the customer experience. Then we let the customers be our marketing. Historically, our number-one growth driver has been from repeat customers and word-of-mouth.” - Tony Hsieh, CEO Zappos “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.” - Steve Jobs, Former CEO, Apple
4.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential “We take most of the money that we could have spent on paid advertising and instead put it back into the customer experience. Then we let the customers be our marketing. Historically, our number-one growth driver has been from repeat customers and word-of-mouth.” - Tony Hsieh, CEO Zappos What do you do when you don’t have a tangible product? You emphasize customer service above all else, says Tricia Griffith, CEO of Progressive Corp. in Mayfield Village, Ohio. “Our product is promising that when you need us, when you’re in an accident, we’re going to take care of you,” “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.” - Steve Jobs, Former CEO, Apple
5.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential “We take most of the money that we could have spent on paid advertising and instead put it back into the customer experience. Then we let the customers be our marketing. Historically, our number-one growth driver has been from repeat customers and word-of-mouth.” - Tony Hsieh, CEO Zappos What do you do when you don’t have a tangible product? You emphasize customer service above all else, says Tricia Griffith, CEO of Progressive Corp. in Mayfield Village, Ohio. “Our product is promising that when you need us, when you’re in an accident, we’re going to take care of you,” “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.” - Steve Jobs, Former CEO, Apple "Our customers see Ford as one company and they don't distinguish between the company, our call center and the dealers," Elena Ford said. "Our goal is to be the most trusted company and we must deliver the most trusted experience for our customers. For our loyal customers, this could mean a faster oil change, a more intuitive app or an easier way to schedule servicing." - Elena Ford, CCO, Ford
6.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Telstra: Episodic NPS Linked to Executive Compensation Financial Total Income Pillar 1 (12.5%) EBITDA Pillar 4 (12.5%) FCF Pillar 4 (12.5%) Net OPEX Reduction Pillar 4 (12.5%) Strategic, Customer & Transformation EPISODIC NPS Pillar 1 (12.5%) Portfolio Simplification Pillar 1 (12.5%) Digital Delivery Pillar 1 (12.5%) People & Engagemen t Pillar 3 (12.5%) Measure Metrics FY1 8 Base Gate Target Max Rationale Alignment Episode NPS Improveme nt in Episode NPS +19 +21 +24 +27 Internationally recognised measure of customer advocacy and leading indicator of overall customer experience. Provides greater insights / opportunities for improvement as it is based on customer interactions. The improvement from baseline for target payout set at +5 ensures significant stretch (greater than equivalent required improvement in prior year (+3) and builds off maximum achievement in FY18). The results will be independently audited. Pillar 1 EVP financial targets are set based on our Business Plan with consideration given to market guidance at the time of target setting
7.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Key Market Trends “50% of IT professionals believe artificial intelligence and machine learning are playing a role in cloud computing adoption, growing to 67% by 2020.” “By 2020 customers are going to make their buying decisions based on customer experience — not product, not price.”
8.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential© 2017 Cisco and/or its affiliates. All rights reserved. Cisco Confidential In 2019 238.6 billion dollars will be spent on advertising. Source: www.emarketer.com/content/us-digital-ad-spending-2019
9.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Customers Expect what we market to them Expectations Look Experience Feel Taste
10.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Expectations Look Experience Feel Taste All businesses have certain outcomes that they want to achieve. Outcome NPS Churn Revenue Share of Wallet
11.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Business Outcomes Increase NPS Increase Repurchase Rate Prevent churn More Referrals Improve Revenue Per Customer Drive Loyalty
12.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
13.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
14.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
15.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Then ,Now and Tomorrow Then Now Tomorrow Channel 1 Multi Channel Omni Channel Journey Report Correlation Causation Predictive Analytics 1 Per Quarter Close to Real-Time Ahead of time Outcome Insight Action Preemption
16.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Signs up for LG Loyalty program to get 5% off and 1 yr extended warranty Current Situation: Customer Service – Company View PROBLEM SELF SERVES CALLS SUPPORT NO RESOLUTION DEFECTION Out of town for 3 weeks Finds Puddle on floor Damage to floor Finds refrigerator problem Determines Freezer issue Ice maker is issue Shuts off water Finds potential parts Uses Social Media Goes to Samsung support page Goes to Samsung for parts – VERY EXPENSIVE Calls support to confirm parts Lands in IVR On Hold for 10 minutes Frustrated Connects with agent – asks for information Agent cannot confirm parts fit Agent does not know Mike’s history Finds LG Purchases New LG Refrigerator No Resolution Frustrated – Samsung sends survey and Mike does not respond Mike immediately searches ”Best Refrigerator 2018” Contact Center Not Aware Not Aware
17.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential Signs up for LG Loyalty program to get 5% off and 1 yr extended warranty Current Situation: Customer Service – Company View PROBLEM SELF SERVES CALLS SUPPORT NO RESOLUTION DEFECTION Out of town for 3 weeks Finds Puddle on floor Damage to floor Finds refrigerator problem Determines Freezer issue Ice maker is issue Shuts off water Finds potential parts Uses Social Media Goes to Samsung support page Goes to Samsung for parts – VERY EXPENSIVE Calls support to confirm parts Lands in IVR On Hold for 10 minutes Frustrated Connects with agent – asks for information Agent cannot confirm parts fit Agent does not know Mike’s history Finds LG Purchases New LG Refrigerator No Resolution Frustrated – Samsung sends survey and Mike does not respond Mike immediately searches ”Best Refrigerator 2018” Contact Center Opportunity Opportunity
18.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
19.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
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© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
21.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
22.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
23.
© 2017 Cisco
and/or its affiliates. All rights reserved. Cisco Confidential
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