Forget Everything You Know About Bricks and Clicks
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Transcript of Forget Everything You Know About Bricks and Clicks
October 2017
Forget Everything You Know About Bricks and Clicks
David Nelson
Engagement Partner, Consulting & Service Integration
Jim Walb
Managing Partner, BFS, Consulting & Service Integration
Bricks & Clicks: The Next Big Thing
Customer experience (CX) today is more than a mix of bricks and clicks
Benchmarking against existing competitors is not useful in the new age
Customers today seek a superlative CX that is outcome focused
Here are four truths that will help you create a better CX:
Delivering a Superlative CX
Recognize that different customer segments seek different experiences
Offer a unique, value-laden CX to retain customers at your physical stores
Optimize your customers’ purchase journey as far as possible
Improve CX continuously to meet your customer’s evolving expectations
What Will Transform Your CX?
1. Map CX for the Organization
2. Focus on Experiences and Feelings
3. Look Outside Your Sector
4. Chart Key Metrics Affecting CX
5. Manage CX Holistically
6. Monitor CX Hot Spots
7. Keep A Tab on the Influencers
1. Map CX for the Organization
Understand the role and fit of CX within the company
Recognize where CX helps differentiate from the competition
Ensure management is aligned with how you pursue and prioritize CX
2. Focus on Experiences and Feelings
Have a customer’s share of heart before you get a share of their wallet
Develop experiences across touch-points to upgrade the CX
Improve the feelings associated with the
offerings to transform CX
3. Look Outside Your Sector
Innovations and technology applications are not limited by sectors
Study the alternate industry segments – if you’re a B2B company, study what B2C companies do, and vice-versa
Seek inspiration from different industries to improve your CX
4. Chart Key Metrics Affecting CX
CX can be measured in many ways and there are no set benchmarks
Define a set of metrics that you would like to measure at the outset
Establish baselines and improve on those metrics once they’re defined
5. Manage CX Holistically
Product, pricing, and promotion, all have significant impact on CX
CX is determined by various factors other than customer-facing operations
Align performance objectives in functions throughout the organization
6. Monitor CX Hot Spots
Some business interactions might be relatively more prone to negative CX
Review those interactions constantly to spot problems when they arise
Resolve issues identified to maintain and improve the CX
7. Keep A Tab on the Influencers
In today’s digital world, customer feedback can make or break a brand
Hone your listening skills to react quickly and guard your reputation
Identify and follow your top-customers and industry influencers
It’s Time for CX Excellence
Differentiate business outcomes to boost the value you provide
Look outside your industry to find path-breaking CX ideas
Move quickly to seize opportunities to become a frontrunner in the CX race
Copyright © 2017 Tata Consultancy Services Limited
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Forget Everything You Know About Bricks and Clicks