why community is integral to the customer experience strategy

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Community as an Integral Part of Your Customer Experience Strategy Michael Fauscette, Group VP, Software Business Solutions about.me/mfauscette #CXM @mfauscette

Post on 17-Oct-2014

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http://bit.ly/14r3UC2, Your customers have adapted to the social age—they’re tech savvy with lots of options and small attention spans. Your business must adapt along with them if you want to capture their attention and develop long-lasting relationships with them. Michael Fauscette, group vice president of IDC’s Software Business Solutions, shares his insight on how companies can leverage customer communities as an integral part of their customer experience strategy and the business benefits. Learn how you can provide a positive customer experience at every stage in the customer lifecycle.

TRANSCRIPT

Page 1: Why Community is Integral To The Customer Experience Strategy

Community as an Integral Part of Your Customer Experience Strategy

Michael Fauscette, Group VP, Software Business Solutions

about.me/mfauscette #CXM @mfauscette

Page 2: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction 2

Page 3: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction 3

Page 4: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction 4

Page 5: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction 5

Expectations Experience

Satisfaction

Page 6: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction

Strategy and

Processes

People

Access

Products & Services

Technology

Data

Customer Experience

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@mfauscette | #GetSuccess | @GetSatisfaction 7

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@mfauscette | #GetSuccess | @GetSatisfaction

The Information Revolution

© IDC 2013 8

Economic changes

Technology changes

Social Changes

Page 9: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction 9

Michael Fauscette

Mike Fauscette

mfauscette

Larry Fauscette

Larry Michael Fauscette

Larry M Fauscette

mike_fauscette

[email protected] [email protected]

[email protected] [email protected]

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Business Value of Community - Marketing

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@mfauscette | #GetSuccess | @GetSatisfaction 12

Business Value of Community - Sales

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@mfauscette | #GetSuccess | @GetSatisfaction 13

Business Value of Community - Customer Service

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@mfauscette | #GetSuccess | @GetSatisfaction 14

Business Value of Community - Product Innovation

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Page 16: Why Community is Integral To The Customer Experience Strategy

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Responding Consistently Across Channel

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Operational Processes

Customer Experience Channels

Community

Telephone, cell phone

Web Site

Physical location

Traditional Outbound Communications

Social Media Presence/Interaction

Resources Organization

Page 17: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction 17

Coordinating the Internal

Customer

Campaign execution, brand control – Marketing

Up-sell, cross-sell, reference selling – Sales

Operational Processes

Departmental Requirements Resources

- Product Innovation based on customer input

Customer service

$ – CFO

Loyalty, satisfaction insight – CEO

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Page 18: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction

Business Benefit of Community

Acquire New Customers Design Better Products Reduce Support Costs Customer Intelligence Driven Marketing

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Page 19: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction

Business Benefit of Community

Acquire New Customers •  Know your customer •  Engage your customer •  Learn about your customer = Sales Intelligence

Design Better Products •  Idea sourcing •  Innovation •  Voice of customer

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Page 20: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction

Business Benefit of Community

Reduce Support Cost •  Peer-to-peer support •  Reduced support tickets •  Better self-service

Customer Intelligence Driven Marketing •  Customer data value chain •  Predictive as well as reactive •  On target – 1:1

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Page 21: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction

And Remember…

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•  Give Value to Get Value

•  Connect outside in and inside out

•  Silos are the enemy

•  Technology isn’t enough – culture and process

•  Sense and Respond

Page 22: Why Community is Integral To The Customer Experience Strategy

@mfauscette | #GetSuccess | @GetSatisfaction

Michael  Fausce,e    Group  Vice  President  So7ware  Business  Solu:ons    mfausce,[email protected]    @mfausce,e  about.me/mfausce,e  

Thank You

Blog: www.mfauscette.com IDC Social Business Blog https://idc-insights-community.com/groups/it_agenda/social-business #GetSuccess

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