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The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience research scientist at Medallia and a contributor to HBR.org MARCH 12, 2015 Sponsored by

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Page 1: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

The Value of Customer Experience, Quantified

Featuring Peter Kriss, a customer experience research scientist at Medallia and a contributor to HBR.org

MARCH 12, 2015Sponsored by

Page 2: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Questions?

OCTOBER 17, 2012

To ask a question … click on the “question icon” in the lower-right corner of your screen.

Page 3: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Presentation Download Link

OCTOBER 17, 2012

Click on the double links icon here to download the presentation materials.

Page 4: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Follow the Conversation on Twitter

Use #HBRwebinar

@HBRExchange

MARCH 12, 2015

Page 5: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Today’s Speaker

Peter Kriss, a customer experience research scientist at Medallia and a contributor to HBR.org

The Value of Customer Experience, Quantified

MARCH 12, 2015

@HBRExchange | #HBRwebinar

Page 6: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 6

The Value of Customer Experience, QuantifiedPeter Kriss, Senior Research Scientist

Page 7: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 7

Customer feedback and future spendingHow we analyze CX impact

Page 8: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 8

CX Impact in a Transactional Business

Page 9: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 9

CX Impact in a Transactional Business

Page 10: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 10

CX Impact in a Subscription Business

Page 11: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 11

CX Impact in a Subscription Business

Page 12: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 12

CX Impact in a Subscription Business

Page 13: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 13

Want to do this for your business?

Data Requirements

History of customer feedback

Customer-level financial outcomes

Ability to link the two

Sufficient sample size

Other relevant influencers of spending (e.g. demographics)

Page 14: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 14

Operational CEM – four key capabilities

See yourself as customers do

Wire customers into every decision

Drive accountabilityat all levels

Innovate continuouslyat scale

Page 15: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Medallia © Copyright 2015. 15

More Discussion

Page 16: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Questions?

OCTOBER 17, 2012

To ask a question … click on the “question icon” in the lower-right corner of your screen.

@HBRExchange | #HBRwebinar

Page 17: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

Respond to a Poll

OCTOBER 17, 2012

To respond to a poll, click on the “Show Polls” in the lower-right corner of your screen

@HBRExchange | #HBRwebinar

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Respond to a Poll

Click on “Take Poll”

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Page 19: The Value of Customer Experience, Quantifiedkrm.vo.llnwd.net/o43/u/hbs0011408/22451/224511.pdf · The Value of Customer Experience, Quantified Featuring Peter Kriss, a customer experience

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Sponsored byMARCH 12, 2015