32
9 January, 2015 The Future Consumer

Where is CRM headed?

Embed Size (px)

Citation preview

9 January, 2015

The Future Consumer

Contents

1. How will the future impact the way we do CRM?

2. Five key trends impacting consumer experiences

- Facts & Figures

- Stimulus and inspiration

- The customer experience

How will the future impact the

way we do CRM?

CRM won’t change but how we do it will

Personalised Timely Two-way

dialogue Evolving

CRM

building

blocks

? ? ? ?

Relevant

?

A more remarkable customer experience

Five key trends impacting

consumer experiences

Five key trends impacting consumer experiences

Hyper-personalised Delivery taking off Intimate conversations Mobile shopping 2.0 Things talking to things

Delivery taking off

Increased automation in order

processing and delivery

Facts & Figures

• Amazon wants to use small drones to deliver packages up to 2.3kg (5lb) in weight.

The service would enable customers to receive a purchase within..........minutes of

placing an order. (BBC News)

• 70% UK consumers expected delivery of online purchases within…………days.

(YouGov)

30

four

Stimulus and inspiration

Orange Kiva Robots are deployed across Amazon’s largest warehouse to help

staff with shifting orders.

The robots have helped to cut down processing times for some orders from an

hour to 13 mins.

The Deliveries app tracks your packages and supports services like UPS,

FedEx, US Postal Service, DHL, TNT, Canada Post, City Link and Royal Mail.

Google Express is a same-day delivery service (US only) that uses third party

couriers to collect and deliver items you’ve ordered online/via smartphone. Uber

and Thomas Pink partnered together to let shoppers have a shirt delivered to

their office within 90 mins.

The customer experience

Sarah (29) has just ordered limited edition smart glasses for her sister’s birthday.

The glasses are designed by Hussein Chalayan and customers who successfully place an order can watch

the item being crafted in an interactive video. During her lunch break Sarah links the video to her sister as

a surprise, who watches it via hologram on her smartphone.

Sarah is anxious that the item is delivered safely and occasionally refers to her tracking app to follow the

item via GPS. She’s expecting the package to arrive at her office the day of her sister’s party.

That morning she’s informed that her meetings are taking place away off site. She doesn’t have time to

come back to pick up the present so she logs into her app to make a last minute change – to have the

package delivered by a driverless car to the restaurant.

At the restaurant Sarah receives an alert on her necklace. She goes outside to unlock the car door with

her fingerprint and safely retrieves the item.

• Increased automation for more efficient processing, with same day and

next day delivery as standard.

• More futuristic delivery options, e.g. drones and driverless cars.

• Better tracking of parcels through apps and wearables with pinpoint

accuracy.

• The sharing economy trend will increase the number of partnerships, e.g.

Uber and Thomas Pink, to create unique delivery services.

What will this mean for retailers?

Hyper-personalised

Artificial intelligence and customer

support

• Personalisation is still in its infancy – only………of companies are currently doing

personalisation at a sophisticated level. (Econsultancy)

Facts & Figures

• Industry experts predict that AI and robots will be integrated into nearly every aspect

of most people’s daily lives by……….. . (Pew Research, Internet Project)

5%

2025

Stimulus and inspiration

The WDS Virtual Agent is an intelligent self-care tool that learns from

interactions between customers and human agents to improve its own service.

London Brand Management (LBM) have created virtual assistants for clients

like BMW and Panasonic. Customers who text a query to a mobile number

receive a response from a robot that sounds like a human rep.

Amelia by IPsoft is a “cognitive knowledge worker” who can offer advice and

solutions via telephone, email and text. She is capable of detecting human

emotion and will adapt her own tone of voice and response to the customer.

The customer experience

Simon (38) wants to buy a new washing machine and

puts on his VR headset to virtually browse products

online.

Amelia appears and asks him if he needs any help. Simon

explains he needs a new washing machine but doesn’t really

know anything about them. Amelia laughs and reassures him

it’s very straightforward. All he needs to do is answer a few

questions to help her identify the perfect product.

She talks him through the items she has selected for him.

Simon wants to check if these have been positively reviewed

elsewhere so Amelia quickly sources the best independent

reviews from trusted websites.

When Simon has made a decision Amelia puts the order

through for him. The delivery date is sent to his calendar and

she confirms she will give him a call when the item is due.

What will this mean for retailers?

• Consumers will expect 24/7 human support across a proliferation of channels,

e.g. video, text and voice conversations.

• Virtual assistants will be able to access customer data (with permission) to make

it quicker and easier to diagnose issues.

• Expectation of higher levels of self-service – AI will make it easier and more

pleasant to find information quickly .

• Personalised services will add more of a human touch to the ongoing customer

relationship.

Intimate Conversations

Brands’ future interfaces

• ……..of consumers are already aware of “wearables,” and about one in six

(15%) of them currently use wearable tech—such as smart watches and

fitness bands—in their daily lives. (Nielsen)

Facts & Figures

• ………adults currently use health and fitness wearable devices and

smartphone apps for activities such as monitoring their heart rate, recording

steps taken and calculating fitness levels. (Kantar)

70%

6.7m

Stimulus and inspiration

Nixie (in development) is the first wearable drone camera that can be launched from

your wrist. Drone cameras enable users to capture extraordinary moments, e.g. aerial

photograph of you diving into a pool, which are shareable and memorable.

Smartphones can already monitor heart rate, acceleration, speed, altitude, etc. but when

you want to collect this data during activities like skiing and diving they become useless.

Oakley’s Airwave bring connectivity, data monitoring, social networking, voice control

and navigation to a pair of ski goggles.

There are numerous mobile apps that can improve our health by setting us challenges

but wearable tech is the answer to collecting physical data effortlessly throughout the

day. Spire monitors your breathing patterns and helps you improve how you breathe to

relieve stress and tension.

The customer experience

Alexa (18) is training for a marathon. She uses a smartwatch everyday and wears

a smart vest during workouts to record her vital data.

Alexa’s watch monitors her sleeping patterns to wake her up at the optimal time. When

she’s up she receives the latest weather report and a reminder for a workout. She’s

also a received a push notification from her gym– “It’s cold and rainy today so why not

train indoors and receive 10% off a sports drink.”

Alexa uses her watch to get her discounted drink at the vending machine. She changes

into her Omsignal sports vest that records her vital fitness data and taps her watch

against her locker to secure it.

She syncs her vest to the running machine via Bluetooth so it can programme a

workout personalised to her.

After her workout Alexa reviews her data on the running machine dashboard and finds

she’s exceeded her goal. A notification from Nike appears on her watch – she’s

unlocked an exclusive 20% discount on trainers! She pulls up information on the

nearest Nike store so she can reward herself with new shoes.

• Brands will have opportunities to speak with consumers across the

numerous devices that they’re wearing.

• Types of conversation will evolve into shorter pieces of information, e.g.

as visuals or real-time data.

• Opportunity to offer highly personalised lifestyle content to help you get

more from the product.

• Brands can gather behavioural data to make better product

recommendations (cross-selling, up-selling)

What will this mean for retailers?

Connected You

The personalised retail experience

Facts & Figures

• ……..of UK smartphone users believe that personalised, direct messages sent

straight to their smartphone when out shopping would be 'likely' or 'very likely'

influence their purchase decisions. (eDigitalResearch)

• In the US it is predicted that there will be………million active beacons by year end

2018.

33%

45

Stimulus and inspiration

Bluetooth 4.2 will be available to device users in the new year. The upgrade features

will include 2.5x faster connections between devices and increased privacy controls

(internet connectivity will be developed for 2016). Retailers and brands should be

aware that mobile users will be able to prevent store beacons from accessing their

data without their permission.

Paypal have created an app for the Samsung Galaxy Gear that will let consumers pay

with their smartwatches. The app will also send shoppers promotions from nearby

stores so they can select items to purchase before they walk in.

Shoe brand, Meatpack, created a “Hijack” campaign that used GPS tracking

technology to work out when one of their customers was walking into a competitor

shoe store. This triggered a mobile promotion with a chance to earn your discount

starting at 99%. The discount would decrease with every second meaning you needed

to be quick to get money off.

The customer experience

Patrick (44) is walking down the high street when he

receives a notifications from a retailer on his

smartwatch…

All wine coolers are 25% off in the store nearest his

location. Patrick had abandoned his basket online that

week having searched for a new wine cooler for his

refurbished kitchen. He knows where the store is and

heads towards it.

As he approaches beacons send him a personalised

map so he can easily find the wine coolers.

In the department he opens up holographic dashboards

to view more product information and see which models

are best for his current wine collection. All the products

can be paid for instantly if he taps his smartwatch

against a product code so he can skip the till.

• Consumers will want beacon communications to be personalised to

them – whether that’s based on past purchase habits or preferences.

• Shoppers who have signed up to retailers’ loyalty programmes could

have their special discounts communicated to them via beacons in

store. This would enable NFC-enabled mobile users to tap their

phones for payment and redeeming their offers automatically.

• Mobile wallets will be more popular than carrying physical wallets and

cash.

• Shoppers will want to have control over who sends them

communications via beacons. Opting in and out of push notifications

from beacons should be mandatory.

What will this mean for retailers?

Things Talking to Things

Connected living

Facts & Figures

• UK consumers appreciate smart appliances when they provide a genuine

benefit - ……… acknowledge that smart meters are useful for saving energy

and money. (KPMG)

48%

• Globally the number of vehicles with built-in internet connectivity will increase

from……….of the overall market to ……….by 2020 (Telefonica). 10% 90%

Stimulus and inspiration

Amazon Echo, is a voice-activated speaker that can perform simple tasks such as read the

news and weather reports, help you with basic search, play music and update your tasks lists,

e.g. add items to shopping lists. Echo is able to distinguish between different voices in the

household.

littleBits Electronics have a created a connected home kit to turn your existing home

appliances into smart devices. You can choose which items can speak to each other and

what tasks you want them to perform.

Future Hunter Gatherer by Electrolux (in development) is a holographic projection game that

lets families virtually ‘catch’ their food. Items that are caught will be automatically ordered from

a local producer and delivered to your address.

Emily (42) is preparing breakfast on Sunday morning

when her fridge reminds her that groceries are

running low – it’s time to do her grocery shop.

The fridge has already pulled up her saved shopping list

on its front door. She quickly scrolls down the list and

says, “confirm order”. She scans her eye for payment

and the order is processed. Her delivery will arrive by

2pm.

A few minutes later the fridge shows a message from

another retailer – there are new tailored recipes to try

based on her grocery shop.

Her husband, Dan (47), comes down to the kitchen and

remembers he forgot to collect his suit from the dry

cleaners yesterday. He voice-activates Echo and asks it

to send a pick-up reminder to his car. His car will notify

him when he goes to work tomorrow as the dry cleaners

are en route to his office.

The customer experience

• Home appliances will eventually become ‘smart’. Products can notify the retailer

and owners about faults and upgrades – even contacting an emergency

engineer directly. Retailers can use product data (with permission) to send

timely upgrade reminders, special offers or relevant content.

• Consumers will be connected to the internet through even more devices – this

will increase the need for contextual relevance in brand messages. Individual

communications will need to work together as part of a joined up experience.

• Brands will be able to share personalised lifestyle content, e.g. recipes, DIY

inspiration, to internet-enabled home appliances.

What will this mean for retailers?