why community is integral to the customer experience strategy

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

Community as an Integral Part of Your Customer Experience Strategy

Michael Fauscette, Group VP, Software Business Solutions

about.me/mfauscette #CXM @mfauscette

@mfauscette | #GetSuccess | @GetSatisfaction 2

@mfauscette | #GetSuccess | @GetSatisfaction 3

@mfauscette | #GetSuccess | @GetSatisfaction 4

@mfauscette | #GetSuccess | @GetSatisfaction 5

Expectations Experience

Satisfaction

@mfauscette | #GetSuccess | @GetSatisfaction

Strategy and

Processes

People

Access

Products & Services

Technology

Data

Customer Experience

@mfauscette | #GetSuccess | @GetSatisfaction 7

@mfauscette | #GetSuccess | @GetSatisfaction

The Information Revolution

© IDC 2013 8

Economic changes

Technology changes

Social Changes

@mfauscette | #GetSuccess | @GetSatisfaction 9

Michael Fauscette

Mike Fauscette

mfauscette

Larry Fauscette

Larry Michael Fauscette

Larry M Fauscette

mike_fauscette

mfauscette@gmail.com mfauscette@me.com

mfauscette@iCloud.com mfauscette@idc.com

@mfauscette | #GetSuccess | @GetSatisfaction 10

@mfauscette | #GetSuccess | @GetSatisfaction 11

Business Value of Community - Marketing

@mfauscette | #GetSuccess | @GetSatisfaction 12

Business Value of Community - Sales

@mfauscette | #GetSuccess | @GetSatisfaction 13

Business Value of Community - Customer Service

@mfauscette | #GetSuccess | @GetSatisfaction 14

Business Value of Community - Product Innovation

@mfauscette | #GetSuccess | @GetSatisfaction 15

@mfauscette | #GetSuccess | @GetSatisfaction 16

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

@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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@mfauscette | #GetSuccess | @GetSatisfaction

Business Benefit of Community

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

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@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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@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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@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

@mfauscette | #GetSuccess | @GetSatisfaction

Michael  Fausce,e    Group  Vice  President  So7ware  Business  Solu:ons    mfausce,e@idc.com    @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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