7 ways to amp up your service culture and drive revenue

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7 Service-as-a-Business Key to Service Success Establish service as a profit center Good service doesn’t mean free service Service factory – defined and standardized Track the profitability of each of their services by customer Service intelligence

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See the seven easy steps to drive more revenue by building a strong service culture. These slides were from a ServiceMax webinar from June 19th.

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Page 1: 7 Ways to Amp Up Your Service Culture and Drive Revenue

7 Service-as-a-Business

Key to Service Success Establish service as a profit center Good service doesn’t mean free

service Service factory – defined and

standardized Track the profitability of each of

their services by customer Service intelligence

Page 2: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Revenue-Boosting Rules: 7 Ways to Amp Up Your Service Culture

Vidya ChadagaDirector of Product Marketing

Page 3: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Webinar Agenda

What is Culture? Field Service Culture 7 Ways to Amp Up Your Service Culture Impact on Service Revenue How ServiceMax Fits

Page 4: 7 Ways to Amp Up Your Service Culture and Drive Revenue

What is Culture, Really?

culture is what people think and how they act

Page 5: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Service Differentiation

Brand Differentiation

Service Culture

Service Culture Drives Service Revenue

Service Revenue

Page 6: 7 Ways to Amp Up Your Service Culture and Drive Revenue

How to Build a Rich Service Culture?

Page 7: 7 Ways to Amp Up Your Service Culture and Drive Revenue

1 Sell Proactively

Service as Sales function Leverage being trusted advisor Techs are the best sales guys Initiate contact throughout Offer standard service products Shift hiring strategy Incentivize selling

Page 8: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Sell Proactively Up-sell and cross-sell Improve renewal rates Annual value of off-contract

service revenue Transform your service

organization into a profit center

Metric & Outcome

Page 9: 7 Ways to Amp Up Your Service Culture and Drive Revenue

2 Embrace Technology Advancements

Business & Life Interconnected Happy techs are productive techs Accept younger workforce Adopt smart phones

Less up-front investment

Cool-factor with zen-like experience

Brand image

Delight customers

Better customer service

Page 10: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Technology Delights Customers

Exact appointment times Customer tolerance for 4-8 hour

windows is evaporating A rapid response

Meet or exceed SLA times First visit fix

Fast resolution and no return visitrequired

Knowledgeable field technician Right person with the right skills

and right parts Fast and accurate billing

Audit trail, time stamp arrivals/departures, signature approvals

Page 11: 7 Ways to Amp Up Your Service Culture and Drive Revenue

3 Collaborate in the Field

Crowd-sourced Knowledge

- Adopt social means to connect and work - Streamline key processes

- Improve tasks

- Get help in the field - No need to know it all

- Hit the road running

- Education - Module on social collaboration

- On the job training

Page 12: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Metric & Outcome

Improves bottom-line Faster reaction times Increase first time fix rates Reduce repair time Increase jobs/tech/day

Page 13: 7 Ways to Amp Up Your Service Culture and Drive Revenue

4 Communicate inside and out

Reports & Dashboards Internal

Transparency, less politics Task ownership Awareness of service activities Handle escalations

External Customer is never surprised Partner visibility

Anytime, everywhere

Page 14: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Metric & Outcome

Improves bottom-line Faster time to respond Improve resolution time Increase customer

retention Improve tasks completed

per tech

Page 15: 7 Ways to Amp Up Your Service Culture and Drive Revenue

5 Motivate through appreciation

Social Recognition Publicize goals Real-time recognition Customer Feedback Customer Evaluation Categorize service

technicians

Page 16: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Metric & Outcome

Impacts Top-Line More jobs per tech Improved service employee

retention Happy techs translate to

happy customers

Page 17: 7 Ways to Amp Up Your Service Culture and Drive Revenue

6 Work with cross-functional teams

Move in the same direction Break delineation between

Engineering, Sales, Services, Marketing, HR

Come together Evaluate historical processes Impact of various segments

of customer interaction Assign representatives Tag-team, Buddy system,

Follow-me around

Page 18: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Metric & Outcome

Improve Top-Line Increase service volume High serviceability index Protect installed base Improve resolution time Increase tasks completed

per tech

Page 19: 7 Ways to Amp Up Your Service Culture and Drive Revenue

7 Service-as-a-Business

Key to Service Success Establish service as a profit center Good service doesn’t mean free

service Service factory – defined and

standardized Track the profitability of each of

their services by customer Service intelligence

Page 20: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Metric & Outcome

Impacts Top-Line 360° view of the customer Overall downtime costs Enables auto-renewals Up-sell/cross-sell contracts

Page 21: 7 Ways to Amp Up Your Service Culture and Drive Revenue

7 Ways to Amp Up Your Service Culture

5 Motivate through appreciation

4 Communicate inside and out

3 Collaborate in the field

2 Embrace technology advancements

1 Sell proactively

7 Service-as-a-business

6 Work with cross-functional teams

Page 22: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Flawless Field Service

Perfect your service delivery

Maximize your service growth/revenue

Delight your customers

Page 23: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Complete Cloud-based Field Service Solution

Page 24: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Field Service Expertise

200+ Customers in North America, Europe & APAC

Page 25: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Field Service Mobile Solution

ServiceMax Mobileon-demand, anytime, anywhere

Smart Phones

iPadLaptops

Page 26: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Empower your field tech with the knowledge of your entire organization

Document and leverage tribal knowledge

Increase first time fix rates via collaboration

Keep the home office up-to-date with what’s going on in the field

Field Service Social Solution

ServicePulse | Ticker | ProductPulseIt’s not about “being social”, it’s about delighting your customers

Page 27: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Field Service Cloud Solution

ServiceMax is built on Force.comExtends Service Cloud

Sales Cloud

Marketing

Cloud

Service Cloudpowered by

Page 28: 7 Ways to Amp Up Your Service Culture and Drive Revenue

ServiceMax Customer ROI

We surveyed our customers to assess the true impact of ServiceMax

31%

14%11%

16%

Productivity Servicerevenue

First time fixrates

CustomerSatisfaction

scores-16% -16%

Field service

costs

Average time

to repair

Page 29: 7 Ways to Amp Up Your Service Culture and Drive Revenue

Try it for free!

Sign up for a Free Trial at www.ServiceMax.com

Page 30: 7 Ways to Amp Up Your Service Culture and Drive Revenue

FREE Whitepaper