do you know your customer?

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Do you really know your customer ? Hello ! Salam Bastien RENAULT

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Page 1: Do you know your customer?

Do you really know your customer ?

Hello!

Salam

Bastien RENAULT

Page 2: Do you know your customer?

1

CUSTOMERS NEW TRENDS“ There is no good wind for the sailor who doesn’t know his port ”

Taste-communitingNo territory control

Selfie generationIntimacy democratisation

NEW CHANNELS NEW REFEREES

NEW NEEDS NEW BEHAVIOURS

Expectations Number of channels

Page 3: Do you know your customer?

2

GCC TRENDS

Nationalities& education

CHANNELS PURCHASEMIX

MobileInstagramYoutubeSnapchat

Rationality

Hard to define standard patterns

Page 4: Do you know your customer?

3

GLOBAL TRENDNew situation

Lateral power“reviewing or purchasing is voting”The Consum’actor is

born

Before

Now

Page 5: Do you know your customer?

4

Why customers are abandoning a brand ?

GLOBAL TREND

Moved

Lured by competitor

Product/service dissatisfaction

Indifference from the brand68

%

Page 6: Do you know your customer?

5

Customer relationship = trade relationship?

Trade relationship

Socialrelationship

Not anymore !

Page 7: Do you know your customer?

6

Location Location Location

Presence Presence Presence

B2C H2H Human to Human

Ads Ads Ads

Content Content Content

CHANGE OUR BUSINESS APPROACH

BEFORE NOW

Slow Simple Small

Velocity Variety Volume

DATA DATA

Page 8: Do you know your customer?

7

TO UNDERSTAND OUR GUEST

RETENTION COST < ACQUISITION COST

7 times cheaper…

Page 9: Do you know your customer?

8

What is gathering them around you ?

UNDERSTAND OUR GUEST

What is their perceived value ?

“It is emotional, not material”

LINK ?The price?The service?The design?The image?

Page 10: Do you know your customer?

9

HOW DO YOU DISCOVER YOUR GUEST ?

Capitalise on customer’s MMI syndrome“Me, Myself and I”

1

Don’t do the same thing !2

- Respect the 20/80 rule20% product, 80% sharable interesting

content- listen

“It takes 3 years to learn how to speak but an entire life to learn how to listen”

3 Have conversations ( ≠ Connections)

Page 11: Do you know your customer?

10

HOW DO YOU DISCOVER YOUR GUEST ?Monitor your digital ecosystem4

“People confirm their state of mind or opinion to the community they trust”

Make an after purchase survey

- observe the contagion (+ or -)

- act quickly - let them express themselves in your garden

Page 12: Do you know your customer?

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HOW DO YOU DISCOVER YOUR GUEST ?

Rewarding him5

When ?

To get nominal data

Only purchases ?Also when Sharing posts, whenreferring new customer, when reviewing…

Why ?

Page 13: Do you know your customer?

A T A D

12

THE D.A.T.A. RULES

Draw in the staff

Accessibility

Tool Automation

Page 14: Do you know your customer?

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THE D.A.T.A. RULES

- all levels- move from a verbal to a written culture

- involve everybody since the beginning

Draw in the staff

D

Page 15: Do you know your customer?

14

THE D.A.T.A. RULE

- relevant for each user- treated data

Accessibility A

no raw data

Page 16: Do you know your customer?

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THE D.A.T.A. RULE

Accessibility

AEx : from your counting machines, you get this kind of format

Page 17: Do you know your customer?

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THE D.A.T.A. RULEAccessibility

ABut you present this to the sales staff

Name and profile of the approaching customer

no raw

data

Page 18: Do you know your customer?

17

THE D.A.T.A. RULEAccessibility

AYou present this to your operation managers

no raw

data

Page 19: Do you know your customer?

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THE D.A.T.A. RULEAccessibility

AOr this to your brand managers

no raw

data

Page 20: Do you know your customer?

19

THE D.A.T.A. RULE

T Tool- interconnected (capture and storage tools)

Prepare your Business Process Mapping

And get a killer in your team

Page 21: Do you know your customer?

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THE D.A.T.A. RULE

- customer centric info

T Tool

CRM

Page 22: Do you know your customer?

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THE D.A.T.A. RULE

T Tool- adapted to your needs

Get a consultant !

Page 23: Do you know your customer?

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THE D.A.T.A. RULE

A Automation

Get a data cruncher !

Wow!Check this

Set your M2M alerts (SLA) : When do you want to be

notified…

Page 24: Do you know your customer?

G

23

THE DATA EFFECTPath to happiness

Getdata

knowyourguest

HappinessEmotional

relationshipBehavioral loyalty

customised offers

H2Happroach

Page 25: Do you know your customer?

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CONCLUSION

“Give products, you will feed their needs, give emotions you will feed theirheart”

And wallet is always close to the heart !

Page 26: Do you know your customer?

THANK YOU

Bastien RENAULT