Showing posts with label word of mouth. Show all posts
Showing posts with label word of mouth. Show all posts

Tuesday, May 20, 2014

How 101st Bank can still WIN !!!

Most of us most of the time become so obsessed with doing things that we only focus on WHAT we are doing. We fail to focus on HOW part of it.  

Even answer to WHAT will not give you the correct answer. Asking follow up question HOW will make the things clear. 

We are fighting for freedom is WHAT. It is non violent (HOW) means is what makes what we do meaningful.

We are publishing books is WHAT , we are doing it beautifully is HOW

We are upbringing our children is WHAT , we have learned about parenting and applying those principles is HOW

We are doing our job is WHAT , we are totally committed to it is HOW (or we just do for time pass is also HOW)

We are doing election campaign is WHAT , HOW aggressively or otherwise we are doing will decide its effectiveness. 

Customer Experience fails mostly not because product and services are useless or not up to the expected mark. Companies pays attention only on WHAT they are doing and ignoring HOW part completely. Achieve targets come what may results into mindless calls from call center  . mis-sell & corruption.  Defining and focusing on HOW is immediate priority if enterprise want not only to offer superior customer experience but also wish to become ethical.   

WHAT is rational and HOW is emotional. We human being are emotional creatures. 
WHAT you do/say goes to head and HOW you do/say goes to heart.

Therefore while designing Customer eXperience companies MUST focus on HOW part of  it to connect emotionally with the customers. HOW you make them feel while interacting with your company will decide positive or negative word of mouth (WOM) publicity , possibility of repeat business. 

Once you know about WHAT , deciding HOW can make you different.   
There are 100 banks in the country but 101st bank can still win just by focusing on beautiful HOW !!!

Wednesday, November 27, 2013

WHY & HOW of Clients Experience at Professional Firms

CX = Customer Experience = Citizen Experience = Clients Experience 

Yes principles of Customer Experience equally apply to all the entities whether for profit, not for profit, Govt entities, professional firms, B2B & B2C. It is not just B2C phenomena.  

Every product or service recipient expects better experience. There is always expectation gaps and scope for improvements which varies in degree.

In case if some enterprise is in the monopoly business orGovt entities like municipal corporation or railways, it is all the more important as bad experience will have social repercussions. Longer queues, longer time for approvals or attending application , indifferent staff attitudes everything adds up to personal  & social stress & frustrations. 

Professional firms (doctors/lawyers/accountants & the likes) mostly enjoy relationship of trust and confidentiality with their clients. There is an approach of one-up man ship by these professionals with their clients. In no other case service recipient is so vulnerable. Here again like the one in monopoly business better clients experience counts. It not only is necessary for better social impact but also counts as new and better service providers are around. 

In the absence of advertising  professional consulting is the area where most business comes through clients’ referrals & word of mouth. Creating a culture of offering delightful clients' experience is the prerequisite for these firms to grow. One may take a clue from Extreme Customer Orientation by Norwegian Insurance Company Gjensidige. Those who are keen about ROI of CX Initiatives may read this ; What CEOs should know before they ask for ROI of CX Initiatives ?

Now the most prominent question is HOW? Here is a ten step process. 

- Map the entire clients’ journey 
- Identify at all touch points
- Identify critical & good to have experience
- Check/Measure what is kind of experience is doled out at each of the touch points
- Internally discuss scope of improvements
- If require brainstorm entire new service design
- Train & retrain front facing and support staff
- Prototype the new or redefined service
- Fine tune with initial clients’ feedback
- Roll out the service 

Make clients feedback an integral part of services like billing. 

Remember HAPPY customers will refer others and unhappy will look for every opportunity to get out. Both will use social media subsequently to share their experience. 

To sum up in the words of management guru of our times Peter Drucker “The purpose of the business (incl profession) is to create customers (incl clients).  ” If this is the purpose ; HOW any forms of entity can ignore CX what will retain customers , create more customers & offers more pocket share of customers?  

Tuesday, August 13, 2013

Prevention is better than Negative customer Experience

Prevention is better than cure. Yes this is applicable for health as well as for wealth. However it is also applicable in the case of Customer Experience

Customer can leave you for bad experience. She can do negative Word Of Mouth (WOM) and takes few more customers away.  Sales & Marketing efforts and cost will go up to get more new customers. However again they will leave you for negative or not so exciting experience. Every-time your sales team gets you new customers, retention is the job of product design which incl customer experience & after sales team. Let your sales team add more customers rather than replacing old with new ones.

Unless there is a built-in element of superior customer experience throughout the chain - product design, display, delivery, usage and soft skills associated at each of the stage, customer will experience bad and not so good experience. They will go and takes someone with them. 

In order to avoid such scenario companies must focus on creating better customer experience while designing the product. Prevent bad experience rather than allowing bad experience to reach customers and damage the brand. reputation.

Prevent bad experiences rather than reacting to bad experiences. Companies can retain customers, gets more by positive WOM , get more referrals. Cost & Pain of treating disease is always more than Cost & Pain of preventive cure. Same rules apply for Customer Experience.

In built better Customer Experience in your product than be sorry. 

Tuesday, April 16, 2013

Don't care for customers ? Focus on Customer Experience !!

Even if you don't care for customers, offering delightful customer experience in times of 

social media and word of mouth marketing is even good business 

strategy.  It improves both - top and bottom lines.  

How to Create Word of Mouth Magic, in his blog author Dave Kerpen explains  with his real life experiences. 


Is Customer Experience on your business agenda at top management meetings? If not than your business is still struggling to know the purpose of its existence. Keep trying.