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Copyright © SAS Institute Inc. All rights reserved. THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE CREATE DEEPER AND MORE VALUABLE CUSTOMER RELATIONSHIPS TO IMPROVE SALES Vaia Tziagka Customer Intelligence Domain Expert SAS Greece, Cyprus, Bulgaria

THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

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Page 1: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

THE PATH TOWARDS

AN EXCEPTIONAL CUSTOMER EXPERIENCE

CREATE DEEPER AND MORE VALUABLE CUSTOMER RELATIONSHIPS TO IMPROVE SALES

Vaia Tziagka

Customer Intelligence Domain ExpertSAS Greece, Cyprus, Bulgaria

Page 2: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

THE PATH TOWARDS

AN EXCEPTIONAL CUSTOMER EXPERIENCE

The concept: why bother about Customer Experience

Five Steps to an Exceptional Customer Experience

1. Create 360° Customer View

2. Understand Customer

3. Make Marketing Efficient

4. Manage the Brand

5. Deliver Real-Time Experience

Why SAS: Software & Technology?

Page 3: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

THE CONCEPT CUSTOMER EXPERIENCE MANAGEMENT MATTERS

Source: Harvard business Review - Lessons from the Leading Edge of Customer Experience Management

Leading-Edge Companies

Outperform Laggards

Page 4: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

CHANGE OF THE BUSINESS MODEL THE CONCEPT

Page 5: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

THE CONCEPT CHALLENGESD

AT

A No Single

Client View

AN

ALY

TIC

S

Insufficient

Customer

Insight

Dis

trib

uti

on

Multiple

Distribution

Channels

Inte

gra

tio

n Lack of

Cross-

Channel

Integration

BU

DG

ET

Budget

Constraints

Ineffective Segmentation

& Profiling

AN

ALY

TIC

SO

pp

ort

un

itie

s

Inefficient

Leads

Identification

Page 6: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

THE PATH TOWARDS

AN EXCEPTIONAL CUSTOMER EXPERIENCE

The concept: why bother about Customer Experience

Five Steps to an Exceptional Customer Experience

1. Build a 360° View of Customer

2. Understand Customer

3. Make Marketing Efficient

4. Manage the Brand

5. Deliver Real-Time Experience

Why SAS: Software & Technology?

Page 7: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

future - predicted

online & social

Who They Are

What They Buy

How They Use It

How They Interact

WhatThey Say

WhoThey

Influence

Their Loyalty

Their Value

Their Potential

360 Customer

View

behavioural

demographic

EXCEPTIONAL

CUSTOMER

EXPERIENCE

STEP 1: BUILD A 360 VIEW OF CUSTOMER

merging all existing sources:

internally and externally

online and offline

structured and unstructured

A Customer-Centric

Perspective requires …

Page 8: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

EXCEPTIONAL

CUSTOMER

EXPERIENCE

STEP 2: UNDERSTAND CUSTOMERS BETTER THAN

ANYONE ELSE

Predictive Models provide you with the %

probability of each customer to proceed to a

specific action e.g. churn or buy a product.

Monitor & Detect Predict & Act

Higher Decision Impact

MOVING FROM REAR VIEW TO FORWARD THINKING

Segmentation groups customers based

on differences between segments and

similarities within segments.

Segmentation enables more targeted customer relationships, resulting in higher customer satisfaction and profitability

Value:

• Grow revenue and profitability via improved customer targeting and less cost • Understand performance to drive continual improvement• On-going iterative learning process

Page 9: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

EXCEPTIONAL

CUSTOMER

EXPERIENCE

STEP 3: MAKE MARKETING MORE EFFICIENT

Automate Marketing Optimize Marketing

Provide Agents with Quality Leads triggered by specified events

• Define objectives• Define offers• Select eligible customers• Refine selections with analytics• Allocate offers and align to channels• Set testing strategies• Define automation rules• Execute multi-stage, multi channel

outbound campaigns• Capture contact and response history

Identify Analytic NBO:

• Define objectives• Define constraints• Set contact policy• Identify BEST customer / offer

combination• Understand impact of constraints• Conduct what-if / scenario analysis• Identify optimal constraint

thresholds to maximise returns

Page 10: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

EXCEPTIONAL

CUSTOMER

EXPERIENCE

STEP 4: MANAGE THE BRAND MORE PROACTIVELY

Mange the

Voice of the CustomerManage Marketing

Recourses & Operations

Page 11: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

EXCEPTIONAL

CUSTOMER

EXPERIENCE

STEP 5: DELIVER A BETTER REAL-TIME EXPERIENCE

Understand Online Customer

Behavior & Navigation

… and provide

dynamic content

Provide Real-Time Offers

& take advantage of Inbound

Communications

Page 12: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

Marketing Resources & Operations Management

Source Systems

Customer Responses

Access, Clean & Integrate

360 Customer View

Customer Analytics

Eligible Offers

Outbound Offers

OptimizeOptimal NBO’s

Tracking & Monitoring

Inbound Real-Time Offers

In-Channel Insight

THE PATH AS A PROCESS AND KEY CAPABILITIES

Page 14: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

THE PATH TOWARDS

AN EXCEPTIONAL CUSTOMER EXPERIENCE

The concept: why bother about Customer Experience

Five Steps to an Exceptional Customer Experience

1. Create 360° Customer View

2. Understand Customer

3. Make Marketing Efficient

4. Manage the Brand

5. Deliver Real-Time Experience

Why SAS: Software & Technology?

Page 15: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

CUSTOMER

EXPERIENCE

WITH SAS

SOLUTION CONCEPT - THE CUSTOMER DECISION HUB

CUSTOMER DECISION HUB

Sales programs

Service-Activities

Marketing campaigns

Regular communications

Contact strategies

Events, Trigger

Analytical models

Transactional data

Potentials, Risk

History

Contact rules

Strategic decisions

Priorities

Constraints

Channel/Budget restrictions

Page 16: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

THE CUSTOMER DECISION HUB

Rules

Centrally Manage Rules and sub-Conditions

Actions

Design Campaigns and

Define Selections

Scenarios

Real-Time Customer Interactions

Management

Page 17: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .

KEY BENEFITS

CONSISTENT Omni-Channel implementation

CENTRAL decision logic for all customer interactions

UNIFIED user interface across departments

VALUE-BASED marketing management

LEVERAGE business know how

through SAS Advanced Analytics

SAS CUSTOMER

DECISION HUB

Page 18: THE PATH TOWARDS AN EXCEPTIONAL CUSTOMER EXPERIENCE · 2016-03-11 · on differences between segments and similarities within segments. ... • Execute multi-stage, multi channel

C o p y r ig ht © SAS Inst i tute In c. A l l ri gh ts re ser ved .sas.com

Thank you!

Thank you!

Vaia Tziagka

Customer Intelligence Domain ExpertSAS Greece, Cyprus, BulgariaE-mail: [email protected]

Twitter: @TziagkaVaia