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Customer Experience (CX)
How is it different than CS
TAPISH PANWAR
Where is Customer Experience (CX)?
Product Place
Price Promotion
CX
- Buying Channel
Channel availability, Ease
of engagement & buying
-Service Channel
Channel availability, Ease of
engagement, Customer
sensitivity, Delight mindset
- Communication Credibility
- The communication doesn’t
make unrealistic claims
- The communication is
humble and respectful
- The communication should
not be offensive or on-the-face
trying to grab attention
-
- Product usage attributes
Quality, Performance,
Reliability, Engagement
- Product Claim vs Reality
Superiority, Outcome
Differentiation, Function
- Fair Price Perception
- The product/service deserves the
price charged
- A competitive product with strong
PoDs and PoSs isnt cheaper
- Service/Repair cost doesn’t make
the product ownership a ‘trap’
Difference between CX and CS
Customer
Service (CS)
Post-purchase process
Separate team to handle
Often a differentiator
Lends heavily to brand credence
Often the most painful process in buying
cycle
Customer
Experience (CX)
Experience at all touch points
Mostly a ‘slogan’ followed by the regular
teams
Not worked upon and looked at as
differentiator
Touches all aspects of brand and helps in
journey through brand pyramid
Aims at making all touch points, including
customer service a trouble-less process
CS CX
CX over CS
What is (not) happening with CX?
No clear understanding of role of customer experience in customer buying and post-purchase cycle
No authority or dedicated teams for CX in organizations
Lack of clear internal communication around the overall CX culture a organization needs to imbibe
No communication to customers about how the organization is striving to improve CX at all touch points
Weak efforts to align channel members on the overall CX program defined and followed by the company
Instead, me-too propositions are thrown in air to pretend to be highly involved in CX improvement
Unstructured and in-part implementation of the CX programmes. CX is always in totality
Why distinct and top-class CX is more
important than ever in these times?
Quantum and quality of experience by customers
• Channel ( Customers are experience great CX through variety of channels)
• Online marketplace, Modern trade (Easy returns, CoD, Quick refunds etc)
• Across sectors (CX is sector agnostic , all kind of experiences build expectations)
• Travel, Retail, Education, Healthcare (International brands are up-ping the game)
• Experience with brands in international markets by Indian travellers influence
expectations from the local or other MNC brands
Need for differentiation
• Brands’ strength lies in differentiation
• CX is the new ladder to differentiation and stronger brands
• Ever increasing competition from multiple channels & substitutes
Customer profiles
• More knowledgeable, well travelled and highly connected/networked
• Pampered and always looking for more value and better experience
• Want to reduce decision making time, Brands and CX can help in doing that
Arrest switching
Build Loyalty
Invoke advocacy
Create brand PoDs
Reduce decision-making
Encourage association
Customer level
(Perceptual) benefits of a
distinct CX
How to build a distinct CX?
Creating an Organization-wide definition of Customer Experience(CX) and its extent
Weave a culture around CX, preferably in line with the existing vision and mission statements
Training and awareness for employees and channel members on CX
Targets for improvement of CX (Qualitative and Quantitative) based on customer delight factors
Creating a team specifically responsible for monitoring, measuring and improving CX at all touch
points
Cross functional team to implement the first time CX plan at all the touch points
Structured but extensive communication to the customers about the culture around CX and customer-first
concept
Commercial Benefits
Customer Loyalty
•Repeat Purchase
•Assured revenue flow in future
•Brand Premium
•Margin improvement (Bottom-line improvement)
•Channel strength (Placement, exclusivity, margins etc)
•Higher seller power with channel members
Brand Advocacy
•New customer acquisition
•Revenue increase
•Market share expansion
•Economies of scale reduces cost per unit of product/service
BenefitsBenefits
Enabler
Enabler
CX
Benefits
Top-Line
Bottom-
Line
Market
Share
Cash-
flow
Thanks

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CX over CS - Are you ready?

  • 1. Customer Experience (CX) How is it different than CS TAPISH PANWAR
  • 2. Where is Customer Experience (CX)? Product Place Price Promotion CX - Buying Channel Channel availability, Ease of engagement & buying -Service Channel Channel availability, Ease of engagement, Customer sensitivity, Delight mindset - Communication Credibility - The communication doesn’t make unrealistic claims - The communication is humble and respectful - The communication should not be offensive or on-the-face trying to grab attention - - Product usage attributes Quality, Performance, Reliability, Engagement - Product Claim vs Reality Superiority, Outcome Differentiation, Function - Fair Price Perception - The product/service deserves the price charged - A competitive product with strong PoDs and PoSs isnt cheaper - Service/Repair cost doesn’t make the product ownership a ‘trap’
  • 3. Difference between CX and CS Customer Service (CS) Post-purchase process Separate team to handle Often a differentiator Lends heavily to brand credence Often the most painful process in buying cycle Customer Experience (CX) Experience at all touch points Mostly a ‘slogan’ followed by the regular teams Not worked upon and looked at as differentiator Touches all aspects of brand and helps in journey through brand pyramid Aims at making all touch points, including customer service a trouble-less process CS CX CX over CS
  • 4. What is (not) happening with CX? No clear understanding of role of customer experience in customer buying and post-purchase cycle No authority or dedicated teams for CX in organizations Lack of clear internal communication around the overall CX culture a organization needs to imbibe No communication to customers about how the organization is striving to improve CX at all touch points Weak efforts to align channel members on the overall CX program defined and followed by the company Instead, me-too propositions are thrown in air to pretend to be highly involved in CX improvement Unstructured and in-part implementation of the CX programmes. CX is always in totality
  • 5. Why distinct and top-class CX is more important than ever in these times? Quantum and quality of experience by customers • Channel ( Customers are experience great CX through variety of channels) • Online marketplace, Modern trade (Easy returns, CoD, Quick refunds etc) • Across sectors (CX is sector agnostic , all kind of experiences build expectations) • Travel, Retail, Education, Healthcare (International brands are up-ping the game) • Experience with brands in international markets by Indian travellers influence expectations from the local or other MNC brands Need for differentiation • Brands’ strength lies in differentiation • CX is the new ladder to differentiation and stronger brands • Ever increasing competition from multiple channels & substitutes Customer profiles • More knowledgeable, well travelled and highly connected/networked • Pampered and always looking for more value and better experience • Want to reduce decision making time, Brands and CX can help in doing that Arrest switching Build Loyalty Invoke advocacy Create brand PoDs Reduce decision-making Encourage association Customer level (Perceptual) benefits of a distinct CX
  • 6. How to build a distinct CX? Creating an Organization-wide definition of Customer Experience(CX) and its extent Weave a culture around CX, preferably in line with the existing vision and mission statements Training and awareness for employees and channel members on CX Targets for improvement of CX (Qualitative and Quantitative) based on customer delight factors Creating a team specifically responsible for monitoring, measuring and improving CX at all touch points Cross functional team to implement the first time CX plan at all the touch points Structured but extensive communication to the customers about the culture around CX and customer-first concept
  • 7. Commercial Benefits Customer Loyalty •Repeat Purchase •Assured revenue flow in future •Brand Premium •Margin improvement (Bottom-line improvement) •Channel strength (Placement, exclusivity, margins etc) •Higher seller power with channel members Brand Advocacy •New customer acquisition •Revenue increase •Market share expansion •Economies of scale reduces cost per unit of product/service BenefitsBenefits Enabler Enabler CX Benefits Top-Line Bottom- Line Market Share Cash- flow