This document discusses how digital technologies have empowered customers and changed expectations of customer engagement. It notes that 1 billion digital natives have joined the workforce in the past 5 years, customers are no longer passive, and they spend significant time online researching products. Companies now need a go-to-customer strategy rather than just a go-to-market strategy to better engage and delight customers across their journey. The challenges of organizational silos, limited data access, and maintaining insights across channels are holding some companies back from effectively engaging customers in this new digital environment.
2. - Publicly Traded on NYSE
- Operates in 54 Global Markets
- Direct Selling Business Model
- Over 1 Million Independent Brand Affiliates
- Over $2.5 Billion in Annual Revenue
- 79% of Revenue Come from Asia
3. Company Profile:
- Publicly Traded on NYSE
- Operations in 54 Markets
- Direct Selling Business Model
- 1 Million Independent Brand Affiliates
- Over $2.5 Billion in Annual Revenue
- 79% of Revenue Come from Asia
4.
5. 1 BILLION DIGITAL NATIVES
HAVE JOINED THE WORKFORCE
IN THE PAST FIVE YEARS
7. of YouTube uploads
48 hrs
217
new mobile web users
347
Wordpress blog posts
571
new websites
2,083
Foursquare check-ins
Flickr photos
3,125
3,600
Instagram photos
204,167,667
Email messages
2,000,000
Google queries
684,478
Facebook shares
Consumers spend
$272,070
100,000
Tweets
47,000
Apple app download
34,722
Facebook likes
SOURCE: DOMO, INC.
61,141
hours of music uploaded
E V E R Y M I N U T E
OF EVERYDAY
8. Digitally Connected
79%
customers spend at least 50% of
total shopping time researching
products online.
Socially Networked
53%
customers abandoned an in-
store purchase due to negative
online sentiment.
Better Informed
59%
customers are willing to try a new
brand to get better customer
service.
E M P O W E R E D
CUSTOMERS ARE
11. 71%
of customers don’t think
companies are doing anything
to keep their business.
SOURCE – AMERICAN EXPRESS GLOBAL CUSTOMER BAROMETER
WHILE CUSTOMER EXPECTATIONS
CONTINUE TO RISE
31. CHANGE IS THE
BIGGEST OBSTACLE
BUT CHANGE HAS NOW CHANGED.
IT IS NOW…
EVER SURPRISINGUNRELENTINGUNFORGIVINGONLY GOING TO GET FASTERAND FASTERAND FASTER…
32.
33. AWARENESS CUSTOMER BRAND ADVOCATE
BUYER’S
JOURNEY
SELLING
MOTION
Shape Vision
Influence
Compare
Assess Risk
Differentiate
& Value
Purchase
Support
Set Criteria
Build Confidence
Loyal or a
Detractor
Close
GuideDiscoverTarget Win
Commit to
Change
TO WIN TODAY
WE MUST ALIGN OUR MARKETING TO OUR BUYER’S JOURNEY
34.
35. WHAT’S HOLDING COMPANIES BACK?
Core
technolog
y
Organization
al silos
Capabilities
&
resources
Data
access
across
channels
Maintaining
360 degree
insights