Foviance

Infographic displaying results from the Multichannel Customer Experience Report – Consumer Survey.

Customers’ were asked to rate the most important areas that companies should focus on in order to provide them the best customer experience in the banking, gaming, mobile phone, retail and travel sectors.

By Simon Raistrick

Recently, many businesses are starting to wonder “what good looks like” for the multichannel customer experience. Of course the answer is slightly different for every company, depending on the sector, customers and strategy, but I’ve developed these ten indicators of multichannel performance which have proven reliable in most situations:

1. AVAILABILITY – Give customers a choice of channel based on their preferences.
2. AWARENESS – Make customers aware of all channels available, with channels promoted from other channels.
3. PULL - To drive channel shift, the channel shifting ‘to’ needs to have a better customer experience.
4. CONSISTENCY - Provide a consistent experience across channels, whilst utilising the benefits of each channel.
5. UNDERSTANDING - Regardless of channel choice, make sure customers gain the understanding they need to effectively engage with the products.
6. ENGAGEMENT - Pull customers into deeper engagement within their preferred channel.
7. OPTIMISATION - Optimise the customer experience of each channel.
8. INTEGRATION - Each channel is aware of previous customer interactions, regardless of channel.
9. PRODUCTS - Produce quality products which meet customer expectations and requirements.
10. MEASUREMENT - Get the right customer experience measures in place.

By Simon Raistrick

We recently released our 2012 Multichannel Report. It shows that companies are making some progress towards customer-centricity since last year, but still have some way to go. The graph on page 23 of the report shows a series of organisational indicators of customer experience maturity and illustrates this point very well.

(Reproduced with permission)

This one chart touches on all of the main themes which form the basis of customer- centricity:

• STRATEGY: Customer-centric organisations are focussed on strategy as determining customer experience outcomes (the first bar).
• PROCESS & GOVERNANCE: Customer-centric organisations design their processes around customer experience outcomes which result from them, and govern their processes on this basis (the last bar).
• REWARDS: Customer-centric organisations ensure that each individual is motivated to produce good customer experience outcomes (the third bar).
• SYSTEMS: The systems in customer-centric organisations are specified and implemented to produce optimum customer experiences, either directly or indirectly (the last bar).
• MEASURES: Customer-centric organisations measure and analyse the customer experience accurately and track it consistently (the seventh and ninth bars).
• CHANNEL EXPERIENCES: Of course, the result of all of this is that customer-centric organisations produce better customer experiences (the 2nd, 4th, 5th, 6th and 8th bars).

Strong on strategy, weak on operational delivery

The strongest performance is in the adoption of strategies, and it’s clear that customer-centric strategies are really taking hold now, but the operational changes needed to drive results from them are not yet in place. The operational customer experience really sets more CX-mature organisations apart from the rest, and is where many companies are currently stumbling.

How to measure it?

Customer-experience-mature companies recognise that strategy, process, rewards, governance and systems have a major impact on the customer experience, however, very few measure or monitor this impact. Almost all customer experience measures are focussed on measuring the channel customer experiences themselves, but not the operational factors which determine these channel outcomes. It’s hardly surprising then, that companies do not always make the connection between operational causes and customer experience effects.

I predict that the measurement of the impact of strategy, process, rewards, governance and systems on customer experiences will represent the next level in customer experience maturity over the next ten years. These measurements are needed to build the case for the strategic direction required to drive true customer-centricity.

These measures also allow a business case to be built which ties organisational factors to customer experience outcomes, and hence the case can be made, for the organisational changes which are needed for companies to become truly customer-centric. This is when customer-centricity really starts to deliver benefits.

Customer-centricity continues to grow

Over the next ten years, we can expect the economy to be fairly rocky. Increasingly, customer experience will be seen as the main USP and differentiator, especially in the service industries on which so much of the developed world’s economy is based. As channel-level improvements start to reach optimal levels for many companies, we will start to see greater focus on the connections between customer experience outcomes and deeper, organisational and strategic factors.

Earlier this year, Google chairman Eric Schmidt named Google, Apple, Facebook and Amazon as the four companies which currently rule consumer technology. It’s not a coincidence that these four companies are among the most customer-centric around. As Amazon CTO Werner Vogels puts it “ We want to be the most customer-centric company on the planet ”. Where these 4 companies lead, the rest of us generally follow, so it’s time to sit up and take note of customer-centricity.

As you will see from the results of our Multichannel Report, it’s not easy, and most companies have some way to go. You can download the Multichannel Report here.

Multichannel Customer Experience Consumer Report. This report looks at how a total of nearly 5,000 consumers (spread across five separate surveys) regard their experience with companies in the retail, travel, banking, mobile and gaming sectors.

2nd Annual Multichannel Customer Experience whitepaper The research gives a ‘state-of-the-nation’ perspective on the extent to which organisations are committed to delivering Customer Experience

Friday, 04 November 2011

The experience of shopping with a tablet PC is much less satisfying than with your desktop computer. Although the iPad reinvented the tablet computer, unfortunately it appears that the actual surfing experience does not live up to expectations. In a survey of nearly 5,000 people undertaken by Foviance, a global Customer Experience consultancy, it’s clear that the customer experience of tablet computing is relatively poor – customers are up to 18% less happy with their tablet experience compared to their desktop PCs.

The study, which looked at what customers thought of customer experience in the retail, banking, travel and mobile phone markets in the 2nd Annual Customer Experience survey, commissioned by Foviance in association with Econsultancy.

Whilst companies are rushing to create apps on Apple, Android and Nokia stores it seems that they are not delivering for customers. The Apple store now has more than 200,000 apps, far more choice than the 40,000 products in a branch of Tesco but apps are not delivering the experience of their full-blown desktop cousins.

According to the survey, people are looking for efficient customer service (51%) and high-quality products (39%) at a low price (49%). Apps don’t appear to be robustly designed and have service issues. One customer, Muir MacDonald, explained that his new Skype app for iPad2 stopped working when he updated iTunes and he said “I delete a lot of apps that just don’t work as suppliers tend to ignore complaints and don’t fix them”.

Foviance also surveyed 650 companies and asked them about their commitment to customer experience. Only 10% felt that apps were ‘integrated’ with their overall customer experience, as compared to 48% with their website experience.

Companies are also failing to keep pace with the changes in technology. 40% of companies said that the major barrier to improving customer experience was ‘complexity of customer experience’.

Other findings:

1. In general, people seem to be fairly happy with their customer experience, for example, 87% of people thought their overall retailing experience was good or excellent
2. 69% of people will recommend a company based on a good customer experience
3. Customers are increasingly moving online, however, the face to face experience is still important, with the call centres and brochure being relegated to less important ways of buying
4. Mobile customer experiences are generally weaker – even if you’re a mobile phone company!

Download the report from the Foviance website

In Foviance’s second annual multichannel customer experience report, the research gives a ‘state-of-the-nation’ perspective on the extent to which organisations are committed to delivering an integrated experience in a world where the customer journey is becoming increasingly complex, due to evolving technology and the proliferation of devices.

Only 26% of respondents say their companies have a well-developed strategy in place for improving customer experience, just a slight increase of 4% from last year. The research has also found that ‘complexity of customer experience’ is now seen as the greatest barrier to improving multichannel customer experience, overtaking ‘organisational structure’ since 2010.

To download the whitepaper a valid e-mail address is required, however Foviance will not contact you unless you specifically request it.

Welcome to the consumer survey section of our second Annual Multichannel Customer Experience Report.  

This report looks at how a total of nearly 5,000 consumers (spread across five separate surveys) regard their experience with companies in the retail, travel, online banking, mobile phone and gaming (gambling) sectors.
Our consumer research shows that the relative importance of different attributes varies by sector, as does the frequency of overall interaction and use of different channels (including online and offline).

• Customers are increasingly moving online, however, the face to face experience is still important, the call centre and brochure being relegated to less important ways of buying
• Mobile experiences are weak – even if you’re a mobile phone company!

To download the whitepaper a valid e-mail address is required, however Foviance will not contact you unless you specifically request it.