customer response management

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www.customercentria.com customer centria The Customer Engagement & Experience Company Customer Response Management Date: 01/03/2012

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The finale of our series features the growing challenge of dealing with a multi-channel response interface, and how to streamline the data landing on your plate from various sources.

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Page 1: Customer Response Management

www.customercentria.com

customer centriaThe Customer Engagement & Experience Company

Customer Response Management Date: 01/03/2012

Page 2: Customer Response Management

www.customercentria.com

The strategic art of Customer Response Management With the implementation of Multi-channel Integration and Framework, the complexities and challenges related

to working with various channels are managed effectively. And next comes the most critical organisation-

customer conversation byte - customer response and customer feedback! This paper will talk about gathering

and utilising customer response and feedback via the numerous channels available in today's time, and

leveraging it productively to gain maximum benefits.

When it's about understanding the customers' needs, wants, apprehensions and concerns – there's only one secret

- 'leveraging customer feedback fully'. And that is not limited to only collecting feedback, but analysing,

managing and acting upon the data to improve the organisation-customer relationship.

Today, customer feedback is overwhelming, sometimes streaming simultaneously from a large number of

channels - in-person, call centre, surveys, email, social networking and mobile devices – with new channels

opening up each day. Organisations today, are dealing with a multi-channel response interface, and the

challenge is to streamline the data coming in from various sources.

The need is to understand how the various communication channels integrate and how the response received from

customers is handled and exchanged by various channels.

The nature of communication channels involved, varies from one vertical to

another, for e.g. in a banking environment if the bank has a 'Core Banking

System' in place with rich data containing valid email ids and mobile numbers,

the banks would prefer to target the customers via Email and SMS, while in

case of a telecom company, Call Centre could be a more lucrative option as that

would turn out to be more cost effective, but challenges exist in either case.

The biggest challenge in a multi-channel environment where marketing

automation system is implemented for targeted campaigning, is seamless

response capture, which will help organisations to measure the campaign

effectiveness.

Response received via every communication channel is in a different format,

but the bigger challenge is to relate the response with campaign, and ensure

that the response received is due to a particular campaign. This is where a

strong integrated multi-channel framework comes into picture where the

response received from various channels can be related to the campaign and

logged in the response history for further analysis.

Different campaign management systems have different ways of tracking the response and this is where Customer

Centria comes into picture. Customer Centria liaises with various channel partners and provides an integrated

solution for response management, which enables the customers to track the responses coming from multiple

channels.

www.customercentria.com

Page 3: Customer Response Management

www.customercentria.com

Customer Centria helps an organisation in implementing end-to-end campaign management capability, which

allows the organisations to reach their customer via multiple channels and at the same time provide the customer

with multiple options that will allow organisations to not only track direct but also help them track inferred

responses. Response management helps the organisation to track offer performance, segment performance,

customer behaviour, contact v/s response ratio etc.

Customer Centria shares its best practices for optimizing the cross channel response, as it helps organisations in

obtaining not only the response rate ratios for all the channels, but also accomplish ROI for a particular campaign.

The following sections in brief, state on account of response capture services which Customer Centria facilitate for

most common channels, which are currently used across various industry verticals. The brief description provides

an insight into what level of response can be captured when it comes to an individual channel and how it works when

a channel integration framework is in place.

Email is one of the most popular channels these days, as the urban customer prefers to receive all the

communication via electronic mail. It not only allows them to visit the emails as and when convenient, but also

provide them sufficient information online and thus reduce the need to visit stores and shops.

When it comes to managing customer response via email, the organisations have to decide what all responses need

to be captured as in case of email there could be multi-level response capture –

Response Management via Email

The extent of response capture via email depends on the organisation; some

organisations would opt for capturing the first level of response and based on that

target customers via other channels. Similarly other organisations would wish to

capture second level responses, which might lead to involvement of other

channels like a ecommerce portal (in case of click-through) or outbound call

centre (in case of a customer reply to the marketing communication).

Customer Centria provides an end-to-end response management solution for

email, as the first level of response can be provided via in-depth reports, allowing

marketers to gauge the targeted customers' interest based on the action taken by

customers on the communication received for e.g. Unique Views, Unique Clicks,

Total Bounces – Hard and Soft both etc. Customer Centria also provides custom

response solutions to capture customers' interest, based on actual replies to the

email or customer's action on the website as a result of click through or an

inbound call to the call centre as a result of the email communication.

www.customercentria.com

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First level response like opens, views, click through, bounces etc. that provides an insight into

customers' interest in the communication sent to him/her.

Second level responses, related to first level of responses like mail, open or click through etc.

Page 4: Customer Response Management

www.customercentria.com

Response Management via SMSLike email, SMS also is one of the most popular and widely used communication channels due to mobile revolution

and cost effectiveness. Typically, SMS is used widely for targeting a large segment of customers, keen on receiving

messages on the move unlike emails.

Response capture via SMS also could be multi-level and based on what level of response tracking organisations wish

to carry out. Like email, SMS could also have a multi-level response capture –

Response Management via Call CentresIn a recent survey by CRM Daily, it was quite evident that to be competitive and customer centric, organisations

need to have a sophisticated call centre, which would offer its customers the choice of as to how he/she would like to

engage with the company.

Call centre is one communication media, which provides the following three different service models –

Again as in the case of email, the extent and level of response capture via SMS would depend on the organisations.

Customer Centria provides an end-to-end solution for customer response management via SMS by providing

services like contact history updates in case of first level of response capture via SMS or further contact

management based on customers responding via keywords or customers calling inbound with requisite response

code, which enables identification of campaign via which they were targeted.

www.customercentria.com

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First level response capture could be based on the Delivery

Report (DLR) received by the SMS service provider, which

would provide organisations an account of the number of

messages sent, received and not received.

Second level response capture are actual customer replies to the

SMS, based on the keywords sent as part of the communication.

These replies result in helping organisations to conclude

customers' interest in the offer sent to him/her via SMS.

Immediate Assistance -

The immediate assistance service model is typically delivered by live agents in a call centre,

but it can also be delivered via Web chat, and even through immediately escalated e-mail.

Deferred Assistance -

is typically provided again by live agents responding to e-mail and voice messages, although

automated response applications remove the live agent from the process.

Engaging with company via self-service -

is typically delivered over the Web in the form of knowledge base information or over the

phone via an IVR.

Page 5: Customer Response Management

www.customercentria.com

The degree to which these three service models are integrated, determines how intelligently and cost-effectively a

company can respond to a customer need. These service models usually are designed around proprietary hardware

a n d s o f t w a r e s o l u t i o n s i n a s i l o f a s h i o n , w i t h l i t t l e t o z e r o i n t e g r a t i o n .

Customer Centria allows organisations to integrate with any or all the above service models as the integrated

customer response solution allows every customer contact to be evaluated based on the history and relationship of

the customer with the company. In this way, companies can respond immediately to highest valued or highest

priority customers, regardless of how they chose to contact the company (phone, e-mail or Web).

Customer Centria's integrated response solutions will also enable the organisations to leverage their lead

management systems via call centres, thus enabling end-to-end lead management and response capture for closed

leads, which may or may not result in business thus providing apt reasons for the leads which got closed.

Contact Centre today needs to be fully integrated with other commonly used channels like email and SMS, as

interest shown by customers needs to be captured as leads. Based on target being existing customers or other

prospects, the leads are generated in the associated lead management system, which is not only tightly integrated

with the call centre application, but also with CRM that provides the information of existing customers.

Customers like being recognised; hence such an integrated framework has become a necessity for all organisations

who wish to implement marketing automation via campaign management.

Response Management via WebCertain segment of customers is web savvy and prefers to receive offers communication via web. This prompts all

large organisations to have B2C ecommerce portals, which not only enable customers to visit and spot offers but

also avail those offers online. Personalised email communications with the appropriate links, allow the customers

to land on the requisite portals and avail offers online. Tracking response of an offer availed online is quite

challenging as it involves passing of campaign related parameters to the portal team who then have to maintain and

track the response against the response code, which is campaign recognisable.

Customer Centria help organisations execute campaigns and measure the responses based on –

Customer Centria employ its best in-class response solutions, which enable organisations to easily track results for

the online adverts. This solution would not only help measure responses, results and ROI for the effective online

ads, it might also report ineffective communication on account of it being placed on the wrong section of a website

thus allowing organisations to continuously improve customer's web experience.

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The traffic that online offer brought to the business or website

The portion of that traffic that converted into customers or serious prospects

The amount of visibility the company received to build brand recognition

The return on investment of the expense of the campaign versus the results

Page 6: Customer Response Management

www.customercentria.com

Internal Resources provision for Response ManagementIn any kind of response management solution, it's difficult to attain an end-to-end solution, which is 100%

automatic, and the degree of 100% automation is based on what an organisation can provide to implement a

response solution. The figure below shows that it might be possible to attain up to 95% of automation in case of

existing multi-channel framework, but organisations may have to live with 5% of manual intervention when it

comes to closed loop campaigns.

Source - Attensity

In a multi and cross channel environment it's difficult to achieve 100% automation and the extent of automation

would depend on the organisation being able to provide all or most of the following internal resources while they

look to implement an end-to-end campaign management solution –

www.customercentria.com

Receive Analyse Sort Route Respond

AI-BasedParsing

Self-learning

Industry-leading accuracy

Easily integrated

Patented APR

Best in class. modular solution

Branch

IVR

SMS

Web

Email

CRM, ERP, CTI, Databases...

Mu

lti-

Ch

an

ne

l C

ro

ss

- C

ha

nn

el

Agents/Experts

95%

5%

Auto

Semi-auto

Manual

Templates

Track, Manage, ControlTrack, Manage, Control

Knowledge Base

Metrics and ratios

Incentives and offers and means to fulfil them

Purchaser or lead-generation criteria

Customised landing pages

Customised ad creative

Customised e-mail creative

Tracking codes (implemented for ad creative as well as on web pages)

Delivery, tracking, and analysis systems

Frequent data analysis and decision-making to retain or remove campaign components

Transaction funnel (tweaks might need to be made to shopping carts or inquiry forms to help improve

conversions)

Call Centres/other customer service or sales inquiry management

Specific plans for how to process and use any data captured, such as integration into a CRM ( )

Re-marketing plans

define

@

Page 7: Customer Response Management

www.customercentria.com

Provision of above-mentioned resources will help Customer Centria to provide an end-to-end campaign

management solution that will also allow proposing a solution, which will have workarounds in case any resource

can't be provided as required.

www.customercentria.com

Business Benefits of Response TrackingSince organisations employ multiple channels when it comes to customer contact management, they reap various

business benefits from response tracking done for various channels used for customers to respond to marketing

communications.

A list of benefits is as mentioned –

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Response tracking via mobile allows the marketers to track message delivery rate, response

rate and sales conversion rate for a campaign thus resulting in better ROI.

Response tracking via emails allows marketers to track responses like mails opened, mails

replied to, mails bounced thus allowing them to augment Know Your Customer (KYC) metrics

by discarding customers who can't be contacted via emails and having more reliable contact

data.

Similarly tracking actual responses via email results in locating the interested customers and

further allows marketers to approach those customers via different touch points, leading to

strong customer relationship and enriched data in CRM.

Response tracking via email also helps in strengthening the customer relationship via

personalised communication, which helps the customer feel that organisations set high KYC

standards.

Response tracking via web through personalised landing pages and personalised offers based

on strategic customer segmentation allows organisations to understand customer behaviour

and his/her inclination towards the offer.

Customer validation once the customer makes an inbound call is also result of the effective

response tracking, as the CRM is enriched with customer data when an individual transforms

from a prospect to a customer.

Response tracking allows organisations to drastically improve the response rates through

personalisation and message tailoring.

Page 8: Customer Response Management

www.customercentria.com

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Multi-level response tracking involving multiple touch points enable organisations to achieve

multi-tiered marketing initiatives.

Response tracking is not only useful in tracking the direct and inferred response, but might

also be used to help organisations reap the benefits of Viral Marketing, resulting in customer

retention and customer acquisition.

In an existing multi-channel environment, organisations have the option of intermixing

several other media platforms, for e.g. SMS promotions can be combined with radio, billboard

and television ads, the existing response tracking framework can be extended to track

responses from various other channels thus extending the channel span to communicate with

the customers.

The bottom line - Implementation of an end-to-end campaign management solution results in proper leads

management, lifts in response rates, improves sales conversion leveraging internal resources and helps cut

marketing costs considerably.

CreateCampigns

TrackResponses

EnhanceROI

GenerateReports

OrderFulfillment

ManageList

ProgramManagement

Page 9: Customer Response Management

www.customercentria.com

Gathering customer feedback is not just about identifying consumer concerns, but also about consolidating a

concrete understanding of what the customer needs or wants. By capturing and structuring all feedback into a

single centralised system and using it across the company, organisations can get access to valuable consumer

insights. This helps organisations identify and acknowledge important trends and patterns in the consolidated

data that contributes heavily to business and marketing decisions.

We conclude the 3-part series that attempted to bring out the history and evolution of CRM, the integration of

multi-channel framework and leveraging customer feedback to the maximum. It's only when all these factors

complement each other and contribute extensively to the organisation-customer relation and conversations, that

any company can achieve the desired business objectives and higher revenue generation apart from strong

loyalty management.

Customer Centria (CC) is a global multi-channel customer engagement and experience company that enables

enterprises in their customer engagement strategies by powering them with customer-centric products, solutions,

services and consulting. CC helps create opportunities for brands to interact with customers enabling delightful

experiences throughout the engagement lifecycle. CC offers a complete bouquet of services from marketing

automation, analytics & insights, interactive marketing, virtual experiences to loyalty management. CC has proven

capabilities across all major industries with proven track record and accomplished results in sectors such as

Banking, Financial Services, Insurance, Retail, Telecom and Consumer Goods.

About Customer Centria

On the whole, an organisation could have following benefits under various heads –

Reduced Operational Costs and Increased Productivity

Redefined Customer Service Excellence

Improved Control and Manageability

Based on Marketing Automation tool, modelling business processes and ensuring SLA adherence

Multi and Cross Channel response and queue management

Comprehensive batch and real time (custom) reporting and visibility into customer response processes

Supporting multiple departments and multiple business units via single deployment

Feeding from existing CRM, ERP, Web Logs etc.

Business Benefits

Technology Benefits