Loyal customers are worth up to ten times as much as their first purchase.
86% of consumers will pay up to 25% more for a better customer experience.
It costs six times more to acquire a new customer than retain an existing one
All organisations should continually strive to deliver amazing customer experiences. At retail360, we have a vision to give people the customer experience they are searching for - because we understand customer service can change people's lives.
And any business with customers is in the people business, it all comes back to people.
2. We are passionate and enthusiastic.
We are narrators and storytellers.
We are listeners, then talkers.
We are flexible and consistent.
We are dynamic and personal.
We are friendly and approachable.
We engage and we are affected by it.
We smile … you can’t help but smile with us.
We believe in personal moments that are life changing.
We make a difference.
3. WE
CONTINUALLY STRIVE TO DELIVER AMAZING CUSTOMER EXPERIENCES.
We have a vision to give people the customer experience they are searching for.
Moments to believe forever.
4. WE ARE PEOPLE.
WE BELIEVE CUSTOMER SERVICE CAN CHANGE PEOPLE’S LIVES.
WE BELIEVE IN THE TRANSFORMATIVE POWER OF STORIES THAT BRING PRODUCTS TO LIFE AND INSPIRE OTHERS TO DO THE SAME.
9. It is the provision of service to customer – before, during and after a purchase.
Source: Wikipedia
This sounds like a process that has a beginning, middle and end.
But it couldn’t be more different –
it doesn’t need to have an end.
If you provide great service, the customer will come back over and over and over again.
10. And it all comes back
to people
Fundamentally it’s all about the people.
It’s not really about customers and companies. It’s not even customers and employees.
It’s just people and people.
Human relationships.
People arrive with needs and people provide services to fulfill those needs.
12. Our customer service can change lives.
Our customer service is so consistent it doesn’t matter who delivers it.
Our customer service leaves peopale wanting for more, addicted to the experience.
Our customer service is so amazing that people are drawn to it – like a moth to a flame.
Our customer service is so good you are emotionally attached it and continue to come back.
Our customer service is so great people can’t help but rave about it to everyone they see.
And our customers are begging us for it.
13. 70%
of buying experiences are based on how the customer feels they are being treated.” Source: McKinsey
14. By far, the MOST
requested improvement
from customers was
?
“Computer says no.”
“Better
HUMAN
Service”
Source: The cost of poor customer service by Genesys Global Survey, 2009
15. IT’S TIME WE DELIVERED.
STAND UP.
BE RESPONSIBLE.
Because without delivering great customer service – where is the purpose in our interactions?
CUSTOMER SERVICE
CHAMPIONS PODIUM
16. DON’T accept BAD customer service
DON’T have low expectations because no one else is doing any better.
DON’T be lazy, close-minded, pig- headed and resistant to change.
DON’T be a bad listeners or bad learners.
Because while we deliver BAD customer service we miss the opportunity to listen to and retain our customers. Unhappy customers aren’t interested in becoming raving fans or promoters of our business.
DON’T
And they vote with their wallets!
17. 86%
“STUFF THIS!”
of Australian consumers have not completed a transaction or made an intended purchase because of a poor customer service experience.
DRAIN
DOWN
SALES
THE
Reference: Australian Data in the American Express Global Customer Service Barometer, 2011
18. 55%
of Australians would try a new brand or company for a better service experience.
AND WORRYINGLY, A TYPICAL
BUSINESS HEARS FROM ONLY
4% OF ITS DISSATISFIED CUSTOMERS.
Source: Bain & Company
Reference: Australian Data in the American Express Global Customer Service Barometer, 2011
19. And you think they don’t tell everyone about how BAD that customer experience was on the way out?
96%
“THEY WERE $#!%!”
of Australian consumers are more likely to tell others about their poor customer service experiences.
Source: Australian Data in the American Express Global Customer Service Barometer, 2011
20. And then it
can spread
like wild fire!
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
“THEY WERE $#!%!”
21. Nearly 6 billion
Google searches a day.
Source: Google Official History, Comscore, Jan 2014
1.3 billion active users of Facebook.
Source: facebook.com Jun 2014
500 million Tweets sent per day.
Source: twitter.com Jun 2014
Over 1 million people view Tweets about customer service every week.
Roughly 80% of these Tweets are negative or critical in nature.
Source: Touch Agency
#$*!%!”
22. That’s a lot of opportunity for
customers to either complain
or rave about you.
Wouldn’t you rather they say how wonderful you are?
49% of Australian customers
tell others about their good
customer service experiences
Source: Australian Data in the American
Express Global Customer Service
Barometer, 2011
At least
23. When customers share their story and they’re not happy with you - they’re not just sharing their pain.
Listening to customers is powerful.
Responding to what customers say is dynamite.
It’s really a human relationship, isn’t it.
THANKYOU
SO MUCH FOR LETTING
US KNOW!
Dear Customer,
They’re actually teaching you how to make your product, service, and business better. Design your business from the front line up
to capture this wonderful information and say ...
SO ….
25. THERE IS A CUSTOMER SERVICE REVOLUTION GAINING MOMENTUM.......
Smart businesses realise that the customer service bar is set so low it won’t take much improvement to differentiate your company from the pack.
GREAT QUALITY
CUSTOMER SERVICE
IS THE WAY TO DO IT.
26. Providing great customer service can help you:
•
Become extraordinary
•
Provide you with a competitive advantage
Being on par in terms of price only gets you into the game.
How many features do your products and services have that
are truly different from your competition?
Customer experience may be the only point of difference!
...and it may be the ONLY competitive advantage you have.
35. MAKE THESE TOOLS PART OF YOUR ARSENAL AND USE THEM WELL AS YOU STRIVE TO REACH PEOPLE ON AN EXTRAORDINARY LEVEL.
Whether it’s your Front line, Managers or Executives
40. TREAT CUSTOMERS LIKE YOUR BEST FRIENDS.
TREAT EVERYONE AS YOU WOULD LIKE TO TREATED.
41. “The single most important thing is to make people happy. If you are making people happy, as a side effect, they will be happy to open up their wallets and pay you.”
Quote: Derek Sivers, CD Baby
42. Deliver a great customer experience.
Not sometimes.
Not most times.
But all the time.
No exceptions contemplated or allowed.
44. EXPERIENCE IS THE NEW DIFFERENTIATOR TO EARN YOUR CUSTOMERS’ BUSINESS OVER
AND OVER AGAIN.
EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE
EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE
EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE
EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE EXPERIENCE
OVER AND OVER
OVER AND OVER
OVER AND OVER
OVER AND OVER
OVER AND OVER
OVER AND OVER
OVER OVER OVER OVER OVER OVER OVER OVER OVER OVER OVER OVER AND OVER
OVER AND OVER
OVER AND OVER
OVER AND OVER
OVER AND OVER
OVER AND OVER
45. “Successful organisations have one
common central focus: customers.
It doesn’t matter if it’s a business,
a professional practice, a hospital,
or a government agency, success
comes to those, and only those,
who are obsessed with looking
after customers.”
Source: Harvey Mackay, Founder, Mackay Envelope Corporate, Author of ‘How to Swim with The
Sharks without being eaten alive’.
46. Drive delivery up.
Regardless of what you promise, it’s consistency that’s important.
Customers allow themselves to be seduced into becoming raving fans only when they know they can count on you time and time again. Exceeding expectations is important but it’s even more important to consistently meet expectations.
Meet first. Exceed second.
To create loyal fans,
don’t drive promises down.
47. The opportunity is right
in front of you.
81% of companies
that measure customer service are
outperforming their competition.
Source: Peppers & Rogers Group
Only 26%
of companies have a customer
service strategy in place.
Source: Econsultancy, Multichannel
Customer experience report
81%
48. The weight of evidence
is compelling.
86% of consumers...
A customer is four times more likely
to defect to a competitor if the problem is
service-related than price or product-related
Source: Bain & Company.
It costs six to seven times more
to acquire a new customer than retain an existing one
Source: Bain & Company.
25 %
more
for a better customer experience!2
will pay up to...
Source: Customer Experience Impact Report, based on survey commissioned by RightNow and conducted by Harris Interactive, 2011.
50. On average, loyal customers are worth up to
10 TIMES AS MUCH AS THEIR FIRST PURCHASE.
A 5% reduction
in the customer defection rate can increase profits
by 5 – 95%.
Source: Bain & Company.
“I’LL BE BACK!”
LOYAL CUSTOMER
Source: White House Office of Consumer Affairs.
THIS COULD
BE YOU!
51. DON’T DELAY.
Become consistently great.
DON’T STOP.
Build an amazing customer service vision.
And don’t stop till everyone knows it...feel the difference.
INVOLVE EVERYONE:
consumers, manufacturers, growers, suppliers, patients, business owners, guests, executives, managers
and customers....
52. We are all
CUSTOMER SERVICE
VISIONARIES.
Together we can create amazing experiences and change people’s lives.
53. SOURCES
Australian Data in the American Express Global Customer Service Barometer, 2011
http://about.americanexpress.com/news/docs/2011x/AXP_2011_csbar_market.pdf
John A. Goodman, co-author of the 1970’s breakthrough study of consumer complaint behaviour and customer service for the White House Office of Consumer Affairs - http://www.customercaremc.com/
Touch Agency - http://downloads.helpscout.net/75CustServiceStats.pdf
Customer Experience Impact Report – based on survey commissioned by Right Now and conducted by Harris Interactive http://www.slideshare.net/RightNow/2011-customer-experience-impact-report
Defaqto Research – reference http://downloads.helpscout.net/75CustServiceStats.pdf
http://www.defaqto.com/adviser/
Econsultancy Multichannel Customer experience report
https://econsultancy.com/reports/multichannel-customer-experience-report
McKinsey - http://www.mckinsey.com/insights/organization/the_moment_of_truth_in_customer_service
Shaw & Ivens – ‘Building Great Customer Experiences’, Colin Shaw, & John Ivens, Published 2002, Palgrave Macmillan
Marketing Metrics:
‘Marketing Metrics: 50+ metrics every executive should master’, Paul Farris, 2006, Wharton School Publishing
http://marketingradius.files.wordpress.com/2012/11/marketingmetrics.pdf
‘Marketing Metrics: The definitive guide to measuring marketing performance, Paul Farris, Neil Bendle, Phillip Pfeifer, David Reibstein, 2010 2nd Edition, Wharton School Publishing
http://www.amazon.com/Marketing-Metrics-Definitive-Measuring-Performance/dp/0137058292
Bain & Company - http://www.netpromotersystem.com/
Satmetrix - http://www.satmetrix.com/net-promoter/nps-score-model/
White House Office of Consumer Affairs: http://www.whitehouse.gov/
Source: Harvey Mackay, Founder, Mackay Envelope Corporate,
Author of ‘How to Swim with The Sharks without being eaten alive’.
Peppers & Rogers Group
http://www.peppersandrogersgroup.com/Home.aspx
Genesys Global Survey, 2009 ‘The Cost of Poor Customer Service’
http://www.marketingdeservicios.com/wp-content/uploads/Genesys_Global_Survey09_screen.pdf
www.retail360.com.au
Customers vote with their wallets. Contact retail360 for advice on
how to maximise your sales by improving your customer’s experience.