Free Webinar: Leaders, how to use CX strategies to your advantage during times of crisis?

Free Webinar: Leaders, how to use CX strategies to your advantage during times of crisis?

We are continuing our customer experience webinar series on how to use CX strategies so sell more and grow during crisis times. This time we are discussing leadership with a world-class customer experience professional Jason Bradshaw.

Leadership can be challenging at the best of times, but in 2020 the responsibilities of business leaders have changed dramatically. In times of crisis, leaders need to be creative and adapt customer and employee experience strategies to sustain growth in challenging marketplaces. 

Join us as we talk about leadership during times of crisis with Jason Bradshaw, a global CX thought leader with a career spent committed to improving the lives of customers and employees.

We’ll cover topics including:

  • The major steps to leading through a crisis
  • Sustaining growth during challenging business times
  • Creating efficiencies by focusing on customer and employee experience 
  • Case studies from a range of sectors  

You’ll come away with:

  • Insights on how to lead your team through a crisis  
  • Inspiration to take action and adapt your approach 
  • A renewed focus on customer experience and employee engagement 

Date: Thursday, 17 September
Time: 8.00am AEST (UTC +10)
Running time: 45mins

If you are not able to attend, we will send a recording afterward!

About the speaker:

Jason Bradshaw, 

Jason S Bradshaw, from teenage entrepreneur to a global thought leader on Customer & Employee Experience delivering business growth. With experience in everything from telecommunications to government, media and automotive Jason has the depth and breadth of experience to inspire, engage and deliver results.

About forum:

CXforum is the first fully digital global community for customer experience professionals. Join the community of thousands of CX and EX professionals globally.

Register for free:


Why is customer journey mapping important?

Why is customer journey mapping important?

The customer journey is an integral element to understand customer experience effectively and gain advantages from it. It is the sum of different stages through which a customer passes, beginning from the first encounter with the brand until the post-purchase interaction. Accordingly, it consists of awareness, interest, consideration, evaluation, purchase. 

If you want to provide a stimulating customer experience that compels clients to go into the next stage, you need to have effective strategies in place for each of these phases. But, how do you ensure your strategies are executed systematically after fully understanding your customers? 

This is when the power of mapping comes into play.

What is customer journey mapping?

Simply defined, it is the process of visualizing the customer journey with details specific to your business. It records every engagement that occurs between the customer and the brand. Essentially, you get into the shoes of your customer, appropriate their perspective, and map out their journey with your brand from the beginning to end. In order to do this, you have to clearly identify the stages of the customer journey and outline every aspect of customer experience related to each phase. 

Customer journey mapping is no simple task. For a successful effort, the map has to be outlined after extensive research to gather relevant details. What’s important to remember is that there’s no one-size-fits-all map to explain the customer journey. There might be a need to create multiple maps to fit different types of buyers and how they interact with the brand. Moreover, it should be refined and developed with time as customers’ interactions change over time.

Why is it so important?

Mapping out the customer journey is an inevitable responsibility of every CX team. It is a vital aspect of customer experience management for many reasons. 

1. Understand your customers better

If you have a thorough understanding of every customer interaction, you will have a clear idea about their tastes, preferences, expectations, and other notable behavioral patterns. This way, it’s easier to align every business activity towards the requirements of the customers. Instead of making assumptions about what’s best for your customers, you can make use of information that will grant you near-accurate solutions. Without a detailed map that outlines every touchpoint of the customer, this task will be really difficult.

2. Identify customer pain points

Every customer-centric business would want to make the buying experience a seamless one for their clients. One of the most effective ways to do this is by understanding the various pain points that customers face at different stages of the customer journey. Mapping will ensure that the identified pain points are properly structured, categorized, and well-detailed so that you can approach to solve them one by one. Moreover, it will also help you pinpoint their root causes and address them effectively.

3. Personalized customer experience

Customer journey mapping is a blueprint for successful customer experience. It gives you insights into various customer types and market niches in which your product/service is demanded. With this knowledge, you can design personalized marketing and sale content that appeal to each customer segment. It also helps you reach different customers with the most appropriate channels to engage with them.

4. Tackle gaps 

Another unignorable benefit of mapping is the ability to spot loopholes, market gaps, and other pitfalls of your brand. According to Infiniti Research, a customer journey map is an effective technique to identify existing gaps between expected customer experience and actual customer experience. Using this, you can refine the service provided for high conversion rates and better customer retention.

5. You will simply sell more

But how customer journeys pay off? Customer journeys create a more predictive performance of business outcomes than touchpoints can alone. A McKinsey study shows that customer journey performance is 20-30 % more related to high revenue, repeat purchase, and positive word of mouth but also lower churn of customers. Overall, businesses that focus on customer journeys are inclined to have various rewards as they tend to sell more and win the market.

Useful tips to remember

As a final note, here are some useful tips to help you draft a good customer journey map for your brand.

  • Walkthrough your brand like a customer to evaluate the level of customer experience more accurately. 
  • Always have a buyer persona in mind before you start. It will help you narrow down your focus and pay attention to nitty-gritty details.
  • Once you have identified pain points and issues, include actionable activities to rectify them along with a responsible employee to be in charge of it.
  • Make your mapping process context-specific aligning with the present trends of customer experience.
  • Rely on customer feedback, reviews, and queries to detail each phase more comprehensively.
  • Constantly update and improve your maps to enhance its impact on your business activities.

– Jaakko

The Future of Customer Experience (CX) in the COVID-19 Era

The Future of Customer Experience (CX) in the COVID-19 Era

Now more than ever we live in an ever-changing business environment and also businesses face this pandemic like never before.

The COVID-19 pandemic has focused new attention on customer experience. 

How can companies wisely move forward into the new normal, while keeping customers at the center of decision making? 

Join the online CX Forum as we discuss the evolution of customer experience with global CX thought-leader, Richard Owen – a co-founder of OCX Cognition and one of the leads in the team that invented NPS, 

We’ll cover topics including:

  • How visionary companies should think about their long-term response to a changing world
  • What we know about how companies have already responded
  • Principles for approaching the practical challenges posed by the rapid changes in the market
  • The role of Net Promoter Score and when you should be asking the ‘ultimate question’

Key takeaways:

  • Insights into how customer experience is evolving across the globe and across sectors
  • Insights from companies that are putting customers first during this challenging period
  • Key considering when designing customer experience in response to the new normal
  • How to adapt your strategy to create customer satisfaction and loyalty 
  • Best practice approaches to measuring and evaluating customer experience during COVID-19 and into the future

About the speakers:

Richard Owen, CEO OCX Cognition 

Richard Owen has a singular professional focus: Delivering financial value through CX. He co-founded OCX Cognition to combine technology and programmatic consulting in pursuit of that goal, and now leads the company’s coordinated efforts to deliver the right solutions for its clients.

Richard’s 30-year career has centered on transforming business operations with technology, and he is one of the best-known CX thought leaders. While CEO at Satmetrix, his team led the development of the Net Promoter Score® methodology with Fred Reichheld, creating the world’s most widely used CX measurement approach. With Laura Brooks, he co-authored Answering the Ultimate Question, the best-selling “how-to” guide for NPS practitioners. 

Facilitators:

Lauren Todorovic, CEO CarePage & CoFounder CX Forum

Jaakko Männistö: CEO Feedbackly & CoFounder CX Forum

About CXforum

CXforum is the first fully digital global community for customer experience professionals. Join the community of thousands of CX and EX professionals globally.

Customer journey is taking over

Customer journey is taking over

‘Customer is the King’ and no one’s kidding about it.

In an era where the business world is a spectrum of intense competition, every organization must strive to survive by utilizing the best strategies available out there. Even though you might already be aware of this, a good, loyal customer is the ultimate asset of every business, paramount for its growth and success. In this regard, valuing your customers and treating them with priority above anything else is important but not sufficient.

A successful business knows its customers in and out and is aware of how the customer has been with them throughout. If you are running a business that has fully realized the importance of customers, bravo! But, do you know them well enough to confidently predict they are loyal clients who will come back again just like they made it the first time?

This is when knowing about the customer journey comes to your rescue.

What is Customer Journey?

Customer Journey can be identified as the process through which a customer interacts with the business and its brand from the time of coming into contact with its product or service until the present moment. In other words, think of it as a story that unfolds how the customer first met your product and engaged with it afterward, be it positively or negatively.

The customer journey is not about providing a snapshot of a single event of contact. Instead, it looks at the overarching picture by taking into account a collection of notable experiences or actions. Therefore, for your business, it is an analysis of a sequence of experiences that sums up the overall engagement of the customer with the brand.

Phases of Customer Journey

In order to understand customers’ take on your brand from their perspective, you must be knowledgeable about the different phases they go through from beginning to end. The customer journey can be segmented into five distinct stages namely awareness, consideration, purchase, retention, and loyalty. There can be also any type of customer journeys such as a simpler Pre-Purchase, Purchase, and Post-Purchase segments of phase and inside of these phases there can be multiple touchpoints. These journeys vary per business and are always unique but it is important to understand the big picture.

  • Awareness Phase

In the first stage, focus on the identification of the problem that your product/service intends to solve. The customer, after realizing the need for your product, must search for it through various online and offline methods. Here, include all the channels through which you have advertised and promoted what you sell.

  • Consideration

This is the stage where the customer begins to show an interest in your product and considers purchasing it. It’s an important stage for both the customer and the business. The customer must ensure that his/her preference will be able to satisfy the need for the best potential while the business must utilize this phase to make the product very appealing to the customer.

  • Purchase

Your customer decides to try your product and purchases it. Every customer prefers this phase to be well-streamlined so that they don’t face any kind of hassle when performing the transaction. Therefore, this is a make or break point for the business because if your website isn’t user-friendly to handle, or salespeople aren’t helpful enough, the customer won’t return. The customer will be observant of how the product is delivered, the packaging, and the speed of processing the transaction.

  • Retention

This is the post-purchase phase determined by the impression made by the product and the business. In order to reinforce your brand image, customer’s expectations must be met by the product delivering high satisfaction. In a successful retention phase, the customer will be motivated to purchase from the brand again and keep up with the latest updates.

  • Loyalty

The customer has built a lasting relationship with the brand and actively engages with it. The customer will participate in events organized by the enterprise, like the launch of a new product. Good customer experience will compel customers to be advocates of the product, thereby expanding the potential client base of the business.

In order to reap the maximum rewards, you must visualize the customer journey in a way it can be used to examine, evaluate, and strategize consistently. This is known as a customer journey map. It includes every aspect of interaction, experience, and challenge a customer goes through in each stage of the journey.

How to Map Customer Journey?

A comprehensive mapping of the customer journey is essential to understand a customer’s course of action throughout the buying process. It’s crucial to remember that the customer journey must be mapped from a customer’s point of view. Also, there is no one-size-fits-all when it comes to a customer journey map because you have to consider the different demographics and behaviors of the customers. So, you can have multiple customer maps, which can be advantageous when you design various marketing strategies.

A customer journey map should include all the above phases well-defined according to the details of your brand. In each phase, focus on the kinds of media, advertising channels, and people in your organization customers interact with. Also, list potential problems and issues and the questions they have in each phase. Finally, determine which functional unit of your organization is responsible for handling the customer in each phase.

Rewards of Evaluating the Customer Journey

In today’s digital world, businesses reach out to customers in many ways, and therefore tracing what led a customer to act in a certain way is a very complex task. Finding out what compelled the customer to initiate the purchase, or what made the customer turn away is impossible unless you link all the ways in which your brand has communicated with a potential customer.

By understanding the customer journey, you will be able to get a clear grasp of customers’ motivations when it comes to seeking your brand and cater to their demands better. You can look at the way they act or respond when they shop at your store or website and induce repetitive purchase behavior using fruitful tactics.

Knowing your customers is not just about being intuitive or making predictions by assessing the surface-level engagement. It’s about diving deep to comprehend their expectations, disappointments, and challenges throughout the sales process. Many businesses utilize this concept to understand customer behavior and evaluate customer experience effectively. So, make use of it to drive your marketing strategies and customer service forward.

Today, a strategic understanding of the customer journey can become an indispensable tool for the business to succeed and grant it a competitive edge over its rivals. The customer journey, in reality, is too complex, and therefore you may not be able to include everything on the map. Having a basic outline at first and then improving it as you go along can help. Moreover, remember to keep your analysis of customer journey up-to-date by making consistent changes according to the changing nature of the business environment.

Jaakko Männistö

I’m a startup entrepreneur, founder and award-winning customer experience professional at @feedbacklyapp as well as the founder of the biggest entrepreneurial digital community in Finland – Yrittäjä.io. I’m also a notorious keynote speaker from entrepreneurial stories to day to day human communications and personal branding. At most I enjoy coaching golf, sailing, smoothies, and triathlon

AI is still a utility of the few

AI is still a utility of the few

Artificial intelligence (AI) is not only popular in headlines these days – but there is also an increasing number of published research papers on subjects pertaining to AI, making it an all-round hot topic. Although there is a lot of hype and anticipation about forthcoming implications, there still aren’t many everyday AI business solutions in use. What if changes were made now to apply the current technology in a smarter way?

Natural language processing (NLP) is not a new topic; however, recent advancements in AI, applied to machine learning in NLP, have not only improved accuracy but also made NLP more cost-effective. In fact, nowadays, almost any company can start utilizing text analysis to at least some extent.

Let’s consider the implications and benefits in relation to customer experience. AI with NLP can contribute in three ways:

(1)                        Customer insight

(2)                        Efficiency

(3)                        New services

By utilizing text analytics, companies have the ability to analyze unstructured data sources, such as customer surveys and social media. This data can then be combined with existing data to provide even deeper customer insight. Text analytics brings efficiency to analysis work, but it can also be applied to something like message routing, where it would eliminate the need to perform manual tasks.

Alongside AI’s value in contributing positive benefits to customer insight and efficiency, another huge opportunity is in utilizing AI with NLP for the development of totally new product.

Ville Henttonen

Ville is a founder of Helsinki Intelligence and a customer experience professional focusing on artificial intelligence and analytics solutions.