Why Customer Experience Management is Important

Why CX Management is ImportantThe global market has become a battle ground where brands fight to win consumers. From new entrants to established business houses and online giants, every organization is vying for a customer’s attention and his business. So, the consumer’s perception of a brand becomes vital to its survival, growth and success. Brand perception also translates into customer experience (CX).

But the modern consumer is well-informed. He doesn’t rely only on sporadic ads or isolated press releases in forming his opinion of a brand; he shrewdly draws his judgement from every single interaction with it. So, in modern times, managing customer experience is the new brand imperative.

 

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The criteria with which consumers attribute customer experience is highly variable; as such, it is best to think of it as the collection of every interaction between the customer and the brand in the course of the consumer life-cycle. This ranges from:

  • Promotional messaging
  • Quality of the product or solution
  • Maintenance and repair processes
  • Product research, development, and innovation
  • Website or app navigation experience
  • Cleanliness of facilities
  • Infrastructural support
  • Leadership
  • Brand advocacy

As you can see, every perceivable factor associated with an organization contributes to CX. Therefore, to generate a positive consumer experience, an organization needs to research, strategize, implement and manage it efficiently.

Customer Experience: A Success Story

Keeping the importance of customer experience in mind, we recently launched a campaign: Humans of Customer Service (Follow us on Twitter!). This initiative rewards humans whose exemplary service has remarkably improved customer experience. We interviewed some of our nominees about their own outstanding CX moments and how they fostered brand loyalty.

One nominee shared that her most memorable customer experience was as a child in a little bookstore: Mabel’s Fables. As a burgeoning book-lover, she was very inquisitive towards the friendly staff, who would enthusiastically answer and indulge her to read more, ask more questions, play with more toys, and lounge around in-store for hours. 25 years later, she takes her own child to Mabel’s Fables, a continued patronage resulting from outstanding customer experience. This points towards how positive CX can have life-long impact for the consumer.

Keeping this in mind, we devised a straight-forward method towards effectual customer experience management:

Step 1: Construct Consumer Profiles

Start with determining your key message to your target audience. Research and gather extensive information about your potential audience (demographics, psychographics, and geography). Create a realistic persona. Then map out important characteristics and segment them under relevant profiles. Get to the specifics, as the answer resides in the little details. Finally, develop tailor-made customer experiences across different consumer touch points that trigger positive interactions from individual profiles.

Step 2: Create a “Customer Experience Map”

Customer Experience Books

This step, similar to a customer journey map, is vital as it vividly points out consumer touch points that can establish a personal connection between the company and the customer. It helps to predict client behavior that may result in positive long-standing relationships and customer retention. This map can reveal insights such as to why consumers showcase a higher degree of brand loyalty when they take a specific path to purchase. For instance, a growing number of consumers today who are practicing ROPO (Research Online Purchase Offline) may buy from the same brand, particularly while making a purchase in retail, or if post-purchase consumers who engage with a brand using specific touch points may churn for further purchase.

Step 3: Measure Real-Time Customer Feedback

The final objective of customer experience depends on what the customer thinks about the brand. So, it is crucial to track if the customized strategies a) strike a chord with the customer; or b) fail to create any positive impression. Timely and quality monitoring will help a brand quickly devise an improved CX strategy that results in successful CX management.

The era of quality- or price-based competitive advantage is over. The present business eco-space is wholly and solely the customer’s market. It is commonplace for consumers to switch providers following a minor CX flub. Moreover, expectations of superior customer experiences are on the rise despite slimming profitability and tight marketing budgets. So, it is mission-critical for today’s organizations to design, implement and deliver a strong CX management process to compete and stay in the game.

 


Webinar:  The Impact of AI in Customer Experience

Join us on Thursday, September 27th at 2:00 PM ET / 11:00 AM PT for the live Q&A.

 

We’ll talk about:

  • How AI Can be Used to Create Better CX
  • The Impact of AI on Customer Facing Roles
  • Successful Cases StudiesRegister Now
  • Plus so Much More!

Who should attend:

  • VPs & Directors of Contact Centers
  • VPs & Directors of Customer Experience
  • VPs & Directors of Customer Service
  • VPs & Directors of Contact Channel Performance

 

Speakers:

Kevin HornidgeRBC LogoKevin Hornidge, Senior Director – Transformation & Process Optimization, RBC

As a business technologist specializing in Intelligent Automation, Kevin has innovated at RBC, adding value for contact centers with unique perspectives on global development, big data design thinking, and delivery.

 

Flavio PereiraFlavio Pereira, Founder and CEO, NuveoNuveo

Flavio is a serial entrepreneur. He has formed profitable ventures and created scores of jobs in the last 3 years. Flavio takes a keen interest in creating and nurturing an environment in which teams are constantly learning and improving their performance.

 

Shai BergerShai Berger, Co-Founder and CEO, FonoloFonolo

Shai is the Co-Founder and CEO of Fonolo, a leading provider of cloud-based call-back solutions. As an innovator in the space, Shai is on a clear mission to educate the call center industry on how to improve the customer experience.

 

 

Moderator:

Sangeeta Bhatnagar

GTACC

Sangeeta Bhatnagar
Chair
Greater Toronto Area Contact Centre Association