It’s one thing for Bond to say good things about ourselves and highlight our capabilities, like we might do when we get acquainted with prospective new clients and partners. It's quite another when an independent, authoritative third party names us a leader, which we believe validates our experience and expertise.
Happy CX Day! In this video, people from across our organization share fundamentals that are key to delivering and achieving CX transformation success.
Put on by the Customer Experience Professionals Association, CX Day is a global celebration of the brands and professionals that create great experiences for their customers.
In a moment of huge frustration, it’s often down to individual staff members to deliver an experience that takes that frustration away and allows one to breathe a sigh of relief and appreciation. On a recent visit to the U.K., I got to experience this first hand.
Break silos. Demonstrate business impact. Focus on customer engagement.
Full disclosure, this is another article on customer journey mapping. However, let us reframe the conversation to focus on breaking down silos, making customer engagement the priority and quantifying business impact at every key interaction, beyond a single transaction. With our clients, we use a different kind of framework that considers the end-to-end customer journey.
Have you ever considered your product a commodity?
Perhaps not—and we wouldn’t recommend that you do so.
But you must be prepared for customers who may. Like it or not, a mortgage is a mortgage, a car is a car and a hotel room is a hotel room, and your product is one of many.
Regardless of your sector—be it banking, retail, automotive, health care, or something else altogether—your customers make decisions about what they purchase for a variety of reasons. The product itself is increasingly just one of many influencers; the brand may contribute equal weight in the decision-making process.
More and more, aligned values and customer experience are key choice differentiators.
It all begins with a common goal — your brand promise. This promise could be to have the best customer service, or to offer customers the best value for their dollar. The important thing is to remember that no one organization can do everything well. You have to pick and choose. Frances Frei put it best when she said that to be the best in class at something, in order to be great — you have to be bad. And that the well-intentioned desire to be great at everything is exactly what leads to “exhausted mediocrity.” To differentiate yourself, your brand promise must be enterprise-wide, sustainable and measurable. Once the promise is identified, it needs to permeate from the top down and employee engagement is how you do that.
This is important because a recent Gallup report found ”an alarming 70% of American employees aren't working to their full potential.” Of those 70%, 52% are not engaged and another 18% are actively not engaged, which can lead to their lack of productivity, more likelihood that they will drive customers away and disloyalty to their employers.
While you may not have played the board game Clue recently, there is compelling evidence that great consumer experience begins with an insight followed by clear and sometimes surprising action. An insight, in our opinion is a fact married to intuition. We used this insight to tackle the need for improved hospitality in the automotive sector and offer an experience that would lead to a higher rate of satisfaction and therefore greater advocacy.
In fact, loyalty increased by 17% for consumers who were completely satisfied with the service on their previous vehicle while under warranty, according to the Maritz New Vehicle Customer Survey.
Perhaps not the ones you were thinking of, rather it’s the likes you acknowledge every moment of the day: the car you eyed on the way to work, the way your barista translated your request into the perfect coffee, the phone in your hand as you glance away from this post or maybe it’s the sign on the building that reminds you why you come to work each day. The reality is that likes are a core part of what we do every day and what we like has a huge impact where we invest our time, energy and money.
Let’s begin with a difficult truth; it is increasingly difficult to differentiate yourself in the marketplace by product alone. Chances are, if you have a product that someone else makes just as well, a consumer could choose your product or your competitor’s and not make a bad decision either way.