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Selling Essentials
Managing Customer Experience
This course will explain:
• How good customer experience can contribute to customer retention, sales and
business growth
• What are the causes of customer dissatisfaction
• How online marketplace helps in managing customer experience
• How sellers can contribute in ensuring good customer experience
Learning Objectives
Better access to product and
pricing information
Technologically advanced
Consumer today knows better about what they want, how they want it, and who they want it from
Well informed, with access to
mobile web, online reviews,
social media channels etc.
Demanding and seek
convenience
Can share their feedbacks,
ratings about the product
Today’s Customer
The customer has a
single consolidated view of our business
Customers expect your
Value Proposition to be consistent
Overview
Online marketplace is committed to creating an Integrated Channel
for customers
Active participation from sellers is necessary in proactively
reaching these goals and growing our business together
Overview
Product Service Experience
Inward-focused company
“We love that it works”
Brand-focused company
“We are safe if customers
are satisfied”
Emotionally-intelligent -
ecosystem-aware company
“We can win long term profit in a
competitive world with sustained
customer engagement”
Road Map
▪Wrong expectation
▪Customer error
▪Fails to follow policy
▪Attitude
▪Product and services don’t
meet expectations
▪Marketing miscommunications
▪Broken processes
Customer Dissatisfaction: Root Cause
Product &/or Service
70-75%
Customer
20-30%
Employee
5%
• Packaging and product quality combined exceed 60%
reasons for dissatisfaction
• Order to Delivery Lead Time: Delivery in excess of 5 days,
breaches in procurement or pick up timelines is another
factor
• Pricing: High prices, un-realistic discounts
• If product specification in the catalog and product image
are wrong, the purchased product will be perceived “Not
As Described”
Customer Dissatisfaction: Root Cause
Pricing
10%
Product Quality
35%
Order to Delivery Time
30%
Packaging Quality
25%
(1% - 5%) Complain to Management
Most that complain (5% - 25%) go to front line person
(75% - 95%) Encounter a problem but do not complain
Number of customers who do not complain
BUT also do not repeat purchase, damages
seller credibility by 4x times
The Real Danger
50,000 complain
2,00,000 customers with problems
Estimated Customer Erosion
25,000
satisfied
Estimated Customer Erosion
50,000 complain
2,00,000 customers with problems
15,000
mollified
Estimated Customer Erosion
25,000
satisfied
50,000 complain
2,00,000 customers with problems
10,000
dissatisfied
15,000
mollified
Estimated Customer Erosion
25,000
satisfied
50,000 complain
2,00,000 customers with problems
10,000
dissatisfied
15,000
mollified
25,000
satisfied
1,50,000
do not complain
Most
Repurchase
Some
Repurchase
Few
Repurchase
Some
Repurchase
2,500
(10%)
6,000
(40%)
9,000
(90%)
37,500
(25%)
Customers not
repurchasing
Total of 54,500 customers at risk
Estimated Customer Erosion
To be successful in the online marketplace, it is imperative for a seller
to provide highest level of service to the customer at every touch point, and
ensure best customer experience
What can We Do?
It is the sum of all the experiences that a customer has with the seller
Ensuring a good customer experience gives various advantages to a seller
What is Customer Experience?
Strengthen your brand
Boost revenue with incremental sales from existing
customers and new sales from word of mouth
Improve customer loyalty (and create advocates) through
valued and memorable customer interactions
Lower costs by reducing customer churn
Advantages of Ensuring Good Customer Experience
Online marketplace is committed to ensure
best experience for it’s customers
Sellers should join hands and participate
actively to grow their business
Advantages of Ensuring Good Customer Experience
Purchase
experience
Post-purchase
experience
Pre-purchase
experience
Pricing Catalog Payment
options
Order to
delivery time
Packaging Product
quality
Returns
& Replacement
Feedback
Online marketplace ensures optimum customer experience at each of these touch points
Sellers should actively support this endeavour
Customer
service
Touch Points Affecting Customer Experience
Pre-purchase
experience
Pricing Catalog
Seller should
• Ensure that their product is priced competitive
• Provide low shipping fee
• Not resort to negative strategies like ‘high MRP with high
discount’
▪ Seller should provide correct information related to
product price, description, color, image etc.
▪ Ensure good presentation of information
Touch Points Affecting Customer Experience
• Provide multiple payment
options(cash on delivery,
credit card etc.) for a buyer
to choose from.
• Do not ask irrelevant
information
• Ensure the best quality
packaging by using
quality material and
following the guidelines
• Have products ready or
available within hours after
orders are confirmed
• Send email notifications to
buyer
• Provide hard timelines rather
than estimates
Purchase
experience
Payment
options
Order to
delivery time
Packaging Product
quality
• Ensure that the product
is genuine and exactly as
mentioned in the catalog
Touch Points Affecting Customer Experience
Offer an easy and convenient
returns policy to buyers
Post-purchase
experience
Returns
& Replacement
Feedbac
k
Gather, analyze and act upon sellers
feedback to improve offering
Customer
service
Be prompt in replying to customer
queries and provide correct information
▪ Do not miss a chance to make the customer feel special (send a festive gift, or a thanking note along with the
ordered product)
Touch Points Affecting Customer Experience
• Price it Right
• Use correct images/resolutions
• Use packaging as per guidelines
• Always set right customer
expectations
• List inventoried products only
• Don’t breach pick up promise
• Empower your teams to take quick
decisions
• Understand the root causes
• Prevent unpleasant surprises by
proactively working on
improvements
• Focus on scalable & sustainable
solutions
Process R&DProduct Quality
Guidelines to Manage Customer Experience
In this tutorial, you learned about:
• How good customer experience can contribute to customer retention, sales and
business growth
• The causes of customer dissatisfaction
• How online marketplace helps in managing customer experience
• How sellers can contribute in ensuring good customer experience
Summary
Thank You

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Selling Essentials Managing Customer Experience

  • 2. This course will explain: • How good customer experience can contribute to customer retention, sales and business growth • What are the causes of customer dissatisfaction • How online marketplace helps in managing customer experience • How sellers can contribute in ensuring good customer experience Learning Objectives
  • 3. Better access to product and pricing information Technologically advanced Consumer today knows better about what they want, how they want it, and who they want it from Well informed, with access to mobile web, online reviews, social media channels etc. Demanding and seek convenience Can share their feedbacks, ratings about the product Today’s Customer
  • 4. The customer has a single consolidated view of our business Customers expect your Value Proposition to be consistent Overview
  • 5. Online marketplace is committed to creating an Integrated Channel for customers Active participation from sellers is necessary in proactively reaching these goals and growing our business together Overview
  • 6. Product Service Experience Inward-focused company “We love that it works” Brand-focused company “We are safe if customers are satisfied” Emotionally-intelligent - ecosystem-aware company “We can win long term profit in a competitive world with sustained customer engagement” Road Map
  • 7. ▪Wrong expectation ▪Customer error ▪Fails to follow policy ▪Attitude ▪Product and services don’t meet expectations ▪Marketing miscommunications ▪Broken processes Customer Dissatisfaction: Root Cause Product &/or Service 70-75% Customer 20-30% Employee 5%
  • 8. • Packaging and product quality combined exceed 60% reasons for dissatisfaction • Order to Delivery Lead Time: Delivery in excess of 5 days, breaches in procurement or pick up timelines is another factor • Pricing: High prices, un-realistic discounts • If product specification in the catalog and product image are wrong, the purchased product will be perceived “Not As Described” Customer Dissatisfaction: Root Cause Pricing 10% Product Quality 35% Order to Delivery Time 30% Packaging Quality 25%
  • 9. (1% - 5%) Complain to Management Most that complain (5% - 25%) go to front line person (75% - 95%) Encounter a problem but do not complain Number of customers who do not complain BUT also do not repeat purchase, damages seller credibility by 4x times The Real Danger
  • 10. 50,000 complain 2,00,000 customers with problems Estimated Customer Erosion
  • 11. 25,000 satisfied Estimated Customer Erosion 50,000 complain 2,00,000 customers with problems
  • 12. 15,000 mollified Estimated Customer Erosion 25,000 satisfied 50,000 complain 2,00,000 customers with problems
  • 15. To be successful in the online marketplace, it is imperative for a seller to provide highest level of service to the customer at every touch point, and ensure best customer experience What can We Do?
  • 16. It is the sum of all the experiences that a customer has with the seller Ensuring a good customer experience gives various advantages to a seller What is Customer Experience?
  • 17. Strengthen your brand Boost revenue with incremental sales from existing customers and new sales from word of mouth Improve customer loyalty (and create advocates) through valued and memorable customer interactions Lower costs by reducing customer churn Advantages of Ensuring Good Customer Experience
  • 18. Online marketplace is committed to ensure best experience for it’s customers Sellers should join hands and participate actively to grow their business Advantages of Ensuring Good Customer Experience
  • 19. Purchase experience Post-purchase experience Pre-purchase experience Pricing Catalog Payment options Order to delivery time Packaging Product quality Returns & Replacement Feedback Online marketplace ensures optimum customer experience at each of these touch points Sellers should actively support this endeavour Customer service Touch Points Affecting Customer Experience
  • 20. Pre-purchase experience Pricing Catalog Seller should • Ensure that their product is priced competitive • Provide low shipping fee • Not resort to negative strategies like ‘high MRP with high discount’ ▪ Seller should provide correct information related to product price, description, color, image etc. ▪ Ensure good presentation of information Touch Points Affecting Customer Experience
  • 21. • Provide multiple payment options(cash on delivery, credit card etc.) for a buyer to choose from. • Do not ask irrelevant information • Ensure the best quality packaging by using quality material and following the guidelines • Have products ready or available within hours after orders are confirmed • Send email notifications to buyer • Provide hard timelines rather than estimates Purchase experience Payment options Order to delivery time Packaging Product quality • Ensure that the product is genuine and exactly as mentioned in the catalog Touch Points Affecting Customer Experience
  • 22. Offer an easy and convenient returns policy to buyers Post-purchase experience Returns & Replacement Feedbac k Gather, analyze and act upon sellers feedback to improve offering Customer service Be prompt in replying to customer queries and provide correct information ▪ Do not miss a chance to make the customer feel special (send a festive gift, or a thanking note along with the ordered product) Touch Points Affecting Customer Experience
  • 23. • Price it Right • Use correct images/resolutions • Use packaging as per guidelines • Always set right customer expectations • List inventoried products only • Don’t breach pick up promise • Empower your teams to take quick decisions • Understand the root causes • Prevent unpleasant surprises by proactively working on improvements • Focus on scalable & sustainable solutions Process R&DProduct Quality Guidelines to Manage Customer Experience
  • 24. In this tutorial, you learned about: • How good customer experience can contribute to customer retention, sales and business growth • The causes of customer dissatisfaction • How online marketplace helps in managing customer experience • How sellers can contribute in ensuring good customer experience Summary