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Chad Hendren Director, Solution Innovation Eliminate Customer Frustration Across ALL Channels

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Page 1: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Chad HendrenDirector, Solution Innovation

Eliminate Customer Frustration Across ALL Channels

Page 2: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

AGENDA

Today’s Focus: Live Demo of How to Create Engaging, Omni-Channel App

Industry-wide Challenges Delivering CX and Achieving Desired Business Outcomes

Navigate vs. React: Any Channels, Any Events, Any Actions

Define and Refine Rules of Engagement and Actions

Manage CX and Business Results as ONE Process

View Reports and Analytical Data to Continually Improve

Page 3: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Customer Satisfaction is Critical

A survey of 13,000 found that

More than 50%of U.S. consumersleft a company due to poor customer service

How much loss did this cause?More than

$1.3 Trillion

Page 4: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

of consumers who begin their journey on the web complete an interaction through live service58%

Multi-Channel is the New Normal

of organizations do not have a solution to navigate consistent Customer Experience across departments and channels.95%

Page 5: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?
Page 6: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Customers Expect Easy Service;Businesses Expect Efficient, Cost-Effective Service Delivery

Customers demand digital channels, but…

Voice is the preferred, RIGHT channel for complex issues

Customers will engage in potentially WRONGchannels if not navigated to the best channels for their journey

Page 7: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Businesses are aware of:

Channel solution silos

Lack of continuity of information

Inability to navigate customer journeys to optimize both the Customer Experience and Business Outcomes

Awareness of the Challenges

Page 8: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Quite simply: Because they can

The channels are offeredand available

There is no proactive navigation to the best channel

Channels are still operated as silos

Why Do Customers Use Multiple Channels?

How many of you have multiple channels in

your business?

Page 9: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Recognize the customer’s needs

Proactively engage the customer

Give businesses the ability to navigate the journey rather than enabling customers to engage “randomly”

Remove frustration for customers and higher service delivery cost to the business

Identifying the Moments of Opportunity is Key

Page 10: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

“If you were waiting for the opportune moment, that was it” Captain Jack Sparrow

Expectation Hesitation Frustration

Missed Opportunity

Page 11: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Businesses require:

Easy to integrate to existing solutions/systems

Navigate vs. Reaction: any channels, any events, any actions

A powerful, yet simple UI for business users to: Define/refine rules of engagement and actions

Manage customer experience and business outcomes as one process

View reports and analytical data to continually improve

Recognize and Act at the Opportune Moment: VHT Navigator

Page 12: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Capture Events, Transactions, Data Points from any Source

Apply Rules and Take Action – directly

Analyze to See the Customer Journey, Resulting Actions to Navigate

VHT Navigator

VHT Navigator is Channel, System, Platform Agnostic: Enhance Your Existing Investments

Page 13: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

To achieve best results, you need to be able to

Capture Events

“Event” is a term used to describe what is happening

in any of your Customer-Facing Channels, Back-end Applications, or Third Party systems

Step One: Define the Rules of Engagement

Page 14: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

ATM transaction

Web activity Account login

Check latest transactions

Shopping Cart Activity

Mobile App Activity

IVR / Agent Interaction

Fraud Alert

Policy Nearing Expiration

Claim Status Change

Promotion Sent

New Services Started

Any Event from any Channel or System

OVERLAY and UNIFY Your Existing Investments

What Are Some Events in Your Environment?

Page 15: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

In today’s growing digital channels environment, additional ID keys may need to be added on an ongoing basis:

Twitter

Facebook

Device ID Association

Ensure solutions are future-proofed for consuming additional ID keys without costly rebuilding of data structures.

Step Two: Identify the Customer, Leverage WhatWe Know About Them, and Take Action

Page 16: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Identification status is important to navigating the customer to the right customer journey

Are they authenticated with voice biometrics?

Leverage Authentication Status: Anonymous, Identified, Authenticated

Page 17: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Customer value

Subscription level

Leverage Customer Segmentation

Loyalty program

Length of membership

Etc.

Page 18: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Email

SMS

Mobile App Push

Personalized IVR

Update CRM

Tweet or FB Post

Trigger Workflow

Offer Incentive

Click to Callback or Chat

Any Actions Across Channels or Systems

Use the Channels You Have – More Effectively

What Are Some Actions You Take Across Channels?

Page 19: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Step 1: Capture Events from Any Source and Define Rules of Engagement

(When to Start!)

Step 2: Leverage What We Know and Take Action

Step 3: AnalyzeResults and Optimize Strategies

Quick Demo! Who Wants to Give me a Scenario to Build?

Page 20: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Step 3: Analyze and Continually Improve

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Analyze and Continually Improve

Out of the Box from our Web to Voice Use Case

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Analyze and Continually Improve

Out of the Box + Customized

Perspectives with Drill-down

Page 23: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

VHT Navigator is non-disruptive to install, integrate, and maintain, now and in the future

Easy-to-Use Interface to Manage ALL Channels as One

No rip-and-replace of existing investments; leverage them

Take Action from a centralized solution one step at a time; no need for ALL platforms to conjoin immediately

Scalability: hundreds of transactions per second on day one; no limit as growth demands

Summary of Navigator’s Omni-Channel Capabilities

How many of you have Co-Browse or Screen Sharing? Navigator Can Manage Multi-Modal Applications

Page 24: Eliminate Customer Frustration Across ALL Channelscrmxchange.com/uploadedFiles/Webcasts_Events/images... · Channels are still operated as silos Why Do Customers Use Multiple Channels?

Contact Us

Chad HendrenDirector, Solution Innovation,VHT

Email: [email protected]: 800-854-1815