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How to drive an agile customer centric organization starts with Customer Experience. Organizations need to understand what the customer needs to be successful in their context. Social Media plays a key role engaging customers in a meaningful way.
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How to drive an agile, customer
centric organization Jennifer McCredie, Senior Vice President | Customer Experience Office
OpenText Confidential. ©2013 All Rights Reserved. 2
The End Is Near
70% of Fortune 1000 companies will be replaced in the next few years. 40% of
the Fortune 500 companies in 2000 were no longer there in 2010.
– Edward E. Lauder, Built For Change
OpenText Confidential. ©2013 All Rights Reserved. 3
The need to change
Changing the mindset from you to the customer
FROM
“I want to sell my product”. TO
“I want to solve these problems for this set of
customers.”
OpenText Confidential. ©2013 All Rights Reserved. 4
WOM
According to research by Nielsen, 92 percent of people
trust recommendations from friends and family more than
all other forms of marketing.
More powerful than any other influence in the
buyer’s journey
OpenText Confidential. ©2013 All Rights Reserved. 5
OpenText Confidential. ©2013 All Rights Reserved. 6
Today’s market realities demand that B2B CMOs replace internal sales-driven marketing funnels with a customer-centric approach that aligns with the ways customers now make purchase decisions.
- Forrester Research
OpenText Confidential. ©2013 All Rights Reserved. 7
MOVING BEYOND THE FUNNEL
OpenText Confidential. ©2013 All Rights Reserved. 8
Where to start?
How do you measure feelings that customers have about
your company?
OpenText Confidential. ©2013 All Rights Reserved. 9
OpenText Confidential. ©2013 All Rights Reserved. 10
Too much noise.. too many conversations
OpenText Confidential. ©2013 All Rights Reserved. 11
The need to simplify
OpenText Confidential. ©2013 All Rights Reserved. 12
Customer Experience Is a Priority for CMOs
SiriusPerspective:
Marketing roles are emerging as a result of changing buyer journeys and sales
needs; new roles and skills require planning.
“The customer experience
begins before they are a
customer and kicks into
high gear once they
become one.”
OpenText Confidential. ©2013 All Rights Reserved. 13
Buyer’s Journey Is Just the Start
Time in Buyer’s Journey:
3 to 18 Months
Time as Customer:
1 to 10+ Years
OpenText Confidential. ©2013 All Rights Reserved. 14
Customer Retention is the new Demand Creation
OpenText Confidential. ©2013 All Rights Reserved. 15
So…how do you
like working
with ACME?
OpenText Confidential. ©2013 All Rights Reserved. 16
They were really
strong during the sales
process but it is hard to
get any quality
support now
OpenText Confidential. ©2013 All Rights Reserved. 17
Which needs to be changed to…
OpenText Confidential. ©2013 All Rights Reserved. 18
So…how do you
like working
with ACME?
OpenText Confidential. ©2013 All Rights Reserved. 19
They really understand
what I am trying to achieve.
I know that my success
working with them will help
me get the promotion
I have been wanting.
OpenText Confidential. ©2013 All Rights Reserved. 20
Wow – that sounds
fantastic!! Can I get
the name of the
person at ACME
you are working with?
OpenText Confidential. ©2013 All Rights Reserved. 21
Me too – tell
me more!
OpenText Confidential. ©2013 All Rights Reserved. 22
How can you help your
customers be Awesome??
OpenText Confidential. ©2013 All Rights Reserved. 23
We need to understand what they are trying to
achieve in their context
OpenText Confidential. ©2013 All Rights Reserved. 24
So that when they are successful they will
share their experience
OpenText Confidential. ©2013 All Rights Reserved. 25
It’s not about
You
Your company
What you are selling
How cool you are
OpenText Confidential. ©2013 All Rights Reserved. 26
It’s about
Making the customer a
Hero
Making them successful in
their lives
OpenText Confidential. ©2013 All Rights Reserved. 27
You need to:
Define a customer experience that will attract them and
keep them loyal
OpenText Confidential. ©2013 All Rights Reserved. 28
How do you manage the entire
customer lifecycle?
Shift our thinking beyond the funnel
What happens AFTER the sale needs to be a
differentiated experience
Orchestrating the customer experience across all of
the departments
OpenText Confidential. ©2013 All Rights Reserved. 29
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Background
Largest software company in Canada
Over 20 years old
Started by professors as a spin-off of the University of Waterloo
Now we are $1.5B in revenue and 5,500 staff in 140 countries
We have over 50,000 customers globally
OpenText Confidential. ©2013 All Rights Reserved. 32
Word of Mouth
Help your customers share their stories
Help your customers become advocates
Create communities and customer events where
customers can share with each other
OpenText Confidential. ©2013 All Rights Reserved. 33
Beyond the Funnel Take aways
Step back and look at the entire customer lifecycle
and not just the funnel
Take the customer’s point of view
Understand their dreams and desires
Become partners in the journey
Make your customer the hero
www.opentext.com
twitter.com/opentext
facebook.com/opentext
linkedin.com/company/opentext