the effortless experience with matt dixon

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Create a Call Center in 5 Minuteswww.talkdesk.com

Matt DixonExecutive Director, CEBAuthor of The Effortless Experience: Conquering the New Battleground of Customer Loyalty

How your brand can start making life easier for your customers.

The Effortless Experience

Talkdesk Customer Experience Webinar Series

The Effortless ExperienceConquering the New Battleground

for Customer Loyalty

Matt DixonExecutive Director, CEB

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HAVE YOU SEEN THIS GIRAFFE?

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THE MOMENT OF “WOW”

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THREE QUESTIONS THAT GUIDED OUR RESEARCH

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THREE QUESTIONS THAT GUIDED OUR RESEARCH

What impact DO customer service interactions have on a customer’s future loyalty?

1

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THREE QUESTIONS THAT GUIDED OUR RESEARCH

What impact DO customer service interactions have on a customer’s future loyalty?

1 2

What are the things customer

service can do to DRIVE loyalty?

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THREE QUESTIONS THAT GUIDED OUR RESEARCH

What impact DO customer service interactions have on a customer’s future loyalty?

1

What are the things customer

service can do to DRIVE loyalty?

2

How can service improve loyalty

while still REDUCING

operating costs?

3

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

#customereffort

WHAT IS LOYALTY?

■ Repurchase

■ Word of Mouth

■ Share of Wallet

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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WHAT IS LOYALTY?

■ Repurchase

■ Share of Wallet

■ Word of Mouth

The TRUEST TEST of loyalty is

when something goes WRONG.

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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OUR STUDY IN BRIEF

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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OUR STUDY IN BRIEF

■ 125,000+ customers

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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OUR STUDY IN BRIEF

■ 125,000+ customers

■ 5,000+ customer service reps

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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OUR STUDY IN BRIEF

■ 125,000+ customers

■ 5,000+ customer service reps

■ 100+ companies

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OUR STUDY IN BRIEF

■ 125,000+ customers

■ 5,000+ customer service reps

■ 100+ companies

3 major findings

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FINDING 1: DELIGHT DOESN’T PAY

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FINDING 1: DELIGHT DOESN’T PAY

Less Loyal

More Loyal

Below Customer

Expectations

Meets Customer

Expectations

Exceeds Customer

Expectations

The Perception

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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FINDING 1: DELIGHT DOESN’T PAY

Less Loyal

More Loyal

Below Customer

Expectations

Meets Customer

Expectations

Exceeds Customer

Expectations

The Perception

The Reality

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FINDING 1: DELIGHT DOESN’T PAY

Less Loyal

More Loyal

Below Customer

Expectations

Meets Customer

Expectations

Exceeds Customer

Expectations

The Perception

The Reality

• “Delight” only happens 16% of the time• “Delight” increases operating costs 10-20%

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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FINDING 2: SERVICE DRIVES DISLOYALTY

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FINDING 2: SERVICE DRIVES DISLOYALTYCustomer Service Impact on Loyalty

1.00x

3.97x

More Loyal

More Disloyal

Source: CEB analysis.

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1.00x

3.97x

More Loyal

More Disloyal

Drivers of Disloyalty

■Repeat contacts

■Channel switching

■Transfers

■Repeating information

■Robotic service

■Policies and processes customers have to endure

■“Hassle factor”

FINDING 2: SERVICE DRIVES DISLOYALTY

Customer Service Impact on Loyalty

Source: CEB analysis.

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

#customereffort

1.00x

3.97x

More Loyal

More Disloyal

Drivers of Disloyalty

■Repeat contacts

■Channel switching

■Transfers

■Repeating information

■Robotic service

■Policies and processes customers have to endure

■“Hassle factor”

Customer Effort

FINDING 3: MITIGATE DISLOYALTY BY REDUCING EFFORT

Customer Service Impact on Loyalty

Source: CEB analysis.

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THE BUSINESS CASE FOR THE EFFORTLESS EXPERIENCE

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THE BUSINESS CASE FOR THE EFFORTLESS EXPERIENCE

Low Effort High Effort

Repurchase

94%

4%

Source: CEB analysis.

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THE BUSINESS CASE FOR THE EFFORTLESS EXPERIENCE

Low Effort High Effort

88%

4%

Low Effort High Effort

Repurchase

94%

4%

Source: CEB analysis.

Increased Spend/Share of Wallet

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THE BUSINESS CASE FOR THE EFFORTLESS EXPERIENCE

Low Effort High Effort

1%

81%Low Effort High Effort

88%

4%

Low Effort High Effort

Repurchase

94%

4%

Source: CEB analysis.

Increased Spend/Share of Wallet

Negative WOM

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

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THE BUSINESS CASE FOR THE EFFORTLESS EXPERIENCE

Low Effort High Effort

1%

81%Low Effort High Effort

88%

4%

Low Effort High Effort

Repurchase

94%

4%

Low-Effort Experience

High-Effort Experience

Overall Disloyalty

9%

96%

Source: CEB analysis.

Increased Spend/Share of Wallet

Negative WOM

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THE FOUR PILLARS OF LOW-EFFORT SERVICE

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THE FOUR PILLARS OF LOW-EFFORT SERVICE

Frontline ControlExperience Engineering

Next Issue AvoidanceChannel Stickiness

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

#customereffort

THE FOUR PILLARS OF LOW-EFFORT SERVICE

Frontline ControlExperience Engineering

Next Issue AvoidanceChannel Stickiness

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

#customereffort

THE FOUR PILLARS OF LOW-EFFORT SERVICE

Frontline ControlExperience Engineering

Next Issue AvoidanceChannel Stickiness

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

#customereffort

THE FOUR PILLARS OF LOW-EFFORT SERVICE

Frontline ControlExperience Engineering

Next Issue AvoidanceChannel Stickiness

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

#customereffort

THE FOUR PILLARS OF LOW-EFFORT SERVICE

Frontline ControlExperience Engineering

Next Issue AvoidanceChannel Stickiness

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

4%

67%

THE CUSTOMER EFFORT SCORE 2.0

…and a way for service functions to positively impact Net Promoter Score®

A great way for service functions to detect potential disloyalty…

Strongly Disagree

Disagree Somewhat Disagree

Neither Agree Nor Disagree

Somewhat Agree

Agree Strongly Agree

The company made it easy for me to handle my issue

Overall Disloyalty Percent of Detractors

High EffortLow EffortHigh EffortLow EffortSource: CEB analysis.

9%

96%

@CEB_Effortless

© 2013 The Corporate Executive Board Company. All Rights Reserved. SEC7385113SYN

To get a copy of this presentation, email us at

Effortless@executiveboard.com

To learn more about reducing customer effort, visit us at

ceburl.com/CEN

@CEB_Effortless @matthewxdixon

www.youtube.com/CEB

The Effortless Experience from CEB

www.talkdesk.comCreate a Call Center in 5 Minutes

Improve Customer Satisfaction with Phone Support

Blaire Fernandez

Director of Customer Success

www.talkdesk.comCreate a Call Center in 5 Minutes

Customers are mobile and use real-time, personalized services and demand real-time and personalized support and

customer service when issues arise.

Customer service expectations have changed

www.talkdesk.comCreate a Call Center in 5 Minutes

Real-time, personalized conversations with customers: no hardware, coding or downloads

Talkdesk: Browser-based call center

Integrate with top business

tools

Easy to deploy, manage

and maintain

Empowers agents with

intuitive technology

Automated workflows

drive productivit

y

www.talkdesk.comCreate a Call Center in 5 Minutes

Talkdesk helps growing companies provide superior customer service

Our customers

Create a Call Center in 5 Minuteswww.talkdesk.com

Matt DixonGroup Leader, CEBAuthor of The Effortless Experience: Conquering the New Battleground of Customer Loyalty

How your brand can start making life easier for your customers.

The Effortless Experience

Talkdesk Customer Experience Webinar Series

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