how mobile is transforming enterprise customer experience
TRANSCRIPT
“How Mobile is Transforming Enterprise Customer Experience”
Oisin Lunny, Senior Market Development Manager
OpenMarket / TMC Webinar
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OpenMarket
Proprietary & Confidential to OpenMarket
OpenMarket helps enterprises use mobile to transform their business.
OpenMarket provides mobile engagement solutions for organizations to optimize their operations and enhance relationships with their customers and employees.
Major enterprises choose OpenMarket for our domain expertise, service flexibility, demonstrated performance and reliability, global scale, and corporate maturity.
Our clients trust us to power their mobile business.
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Our Mission
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About OpenMarket
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Supporting 4 of the Top 10 most
respected global brands1
40% of mobile messaging vendors
rely on OpenMarket2
Over 1 billion mobile messaging
interactions each month
Offices in Seattle, Detroit, London, Sydney
& Pune, India
A division of Amdocs (NASDAQ: DOX)
Smart, interactive connectivity to over
200 countries
1 Harris Interactive 2014
2 Forrester Mobile Messaging Vendor Overview report 2013
For more than 15 years, OpenMarket has been the leading provider of multi-‐channel mobile solutions for enterprises to engage with their customers and employees
Proprietary & Confidential to OpenMarket
About Amdocs
OpenMarket is a division of Amdocs. Amdocs is a leading provider of software and services for communications, media and entertainment industry service providers
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Global revenues of > $3 billion
20,000 employees globally
Trusted by 250+ enterprise customers
in 70 countries
Annual operating income of
> $400 million
Cash/Cash Equivalent/Short-‐Term holdings
> $1.1 billion
30 + years of industry expertise
Proprietary & Confidential to OpenMarket
Our Approach
A flexible and highly customizable platform to support mobile messaging use cases across the entire enterprise • SMS, MMS, Push, Long Codes, Land lines, etc. • Value added services • APIs or Service UI • Direct & Indirect customers • Professional Services and Consulting
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Why OpenMarket
We help enterprises use mobile to transform their business
Domain Expertise – OpenMarket resolves the complexities and fragmentation of the mobile ecosystem by providing expertise in mobile engagement solutions, regulatory compliance, and industry best practices Service Flexibility – OpenMarket’s portfolio of solutions, flexible Mobile Engagement Platform and professional services allow enterprises to support multiple use cases for customers and employees Demonstrated Performance & Reliability– Global enterprises trust OpenMarket with their mobile engagement business because of our scalable and highly reliable platform, industry-‐leading SLAs and operational expertise Global reach – A number of the world’s largest enterprises choose OpenMarket for our global reach, market leadership, capacity and support, helping them engage with their customers and employees globally Corporate maturity – Enterprises partner with OpenMarket for our breadth of solutions, global scale, industry expertise, financial stability, mature business practices, and data security and privacy policies, all of which help minimize business risk and optimize ROI
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Global Trends
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Desktop Growth Predictions
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Mobile Growth Trends
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7,351,011,604
7,289,122,584mobile connections
current world population
11Proprietary & Confidential to OpenMarket
Mobile Growth Trends
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Your Customers Are Changing
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MILLENIALSnow outnumberBABYBOOMERS
Young, Educated, Social & Mobile
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Reaching Millenials
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MILLENIALS own more
THAN
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Mobile is Their Channel of Choice
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Customer support
Purchasing
Security Appointment Reminders
Online banking
Satisfaction survey
of text messages read within
the first
98%
10 minutes
Service alerts
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So Basically…
Proprietary & Confidential to OpenMarket
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Gerd Leonhard, Futurist
“80% of global internet traffic will come from always connected mobile devices within three years!”
Proprietary & Confidential to OpenMarket
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Eric Schmidt, Google
Proprietary & Confidential to OpenMarket
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Phillip Clarke, Tescos
“It’s too late to have a digital strategy,every aspect of your business needs to be digital.”
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19Source: Our Mobile Planet (Google)
Mobile Consumers Are Engaged
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Here’s My Number…
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From silos to holistic CX
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Mobile Is Silo Smashing
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Mobile Is Also…
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Why All The Silo Smashing?
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Silos Are Confusing
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Holistic Approach To CX
Source: http://www.senseimarketing.com/bending-‐the-‐linear-‐b2b-‐customer-‐lifecycle/
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The Power Of CX
The good... • More than 80% of customers with a good experience will pay more for a product or service • More than 40% of customers with a good experience will make additional purchases
The bad... • More than 80% of customers with a poor experience will switch to a competitor
The ugly... • More than 70% of customers will share a poor experience on social media and online review sites
(Zendesk)Proprietary & Confidential to OpenMarket
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The very ugly...
• 86% of customers quit doing business with a company because of a bad customer experience, up from 59% four years ago
(Forrester / halloween-‐mask.com)Proprietary & Confidential to OpenMarket
The Power Of CX
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Quiz Time
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A 10% improvement in an enterprise’s customers experience can translate to more than how much in increased revenue? A -‐ $1,000,000 B -‐ $10,000,000 C -‐ $100,000,000
(Forrester)
Proprietary & Confidential to OpenMarket30
(Isfeed)
Quiz Time
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Customer Service: A Perspective with New Opportunities
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Much More Than A Call Centre
• Rookie error • Viewing customer service solely as a set of post-‐purchase activities
• Pushing all post-‐purchase activities to a call centre • Customers hate
• Being transferred from one agent to another • Being forced to navigate an IVR system • Having to wait on hold
• What do mobile-‐centric customers want? • Timing thats convenient for them • Mobile messaging options
Proprietary & Confidential to OpenMarket
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Customer Experience Spans The Entire Lifecycle
In today’s digitized, mobilized, and customer-‐centric economy, enterprises must define customer service more broadly.
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Total Customer Experience (TCE)
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Meeting Customers Where They Are: On the Mobile Channel
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Two-‐Way SMS: Efficient And Delightful
• Simple to implement • A customer with a new product opts in for delivery SMS • Texts back “HELP” for a call-‐back from the support team
• Efficient for the enterprise • SMS thread already contains the order number • CRM system can generate a support ticket with the information the support team needs when calling
• More efficient process • Lowers call centre costs
• Delightful for the customer • No need to navigate an IVR system or sit through flute solos! • Experience is so smooth its seen as fine-‐tuning rather than problem-‐solving
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• Apps • Push notifications can be effective, but are only one way
• Developing a mobile app requires the capability, capacity, and capital to support the whole lifecycle
• SMS / MMS • No such commitments • Efficient, reliable, flexible • Supports 2 way communication
Proprietary & Confidential to OpenMarket
Apps vs Messaging
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Apps vs Messaging
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Mobile Apps Mobile Messaging
Device support
User Acquisition & Adoption
Customer Type
Frequency of Use
Features/Capabilities
Regulated information?
Time to Market
Smartphones & Tablets
Discovery, download, learn
High value/power users
Generally low
Access to device capabilities (e.g. camera, phone, GPS)
Potentially
3 to 6+ months
All mobile phones
Native support, #1 most frequently used feature
All mobile phone users
High
SMS, MMS, clickable URLs, click-‐to-‐call
Depends on use case
1 to 8 weeks
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SMS Use Case Examples
• Finance: SMS CHAT to a bank’s short code with live agent about a lost credit card
• Automotive: Driver files an insurance claim by sending an MMS (image or video) to the insurance provider’s short code
• Utilities: SMS broadcast to customers about a forecasted storm, capability to text back to report power outages
• Social media: A customer texts a keywordto reset account credentials that he’s forgotten
• Retail: Short SMS-‐based survey to providefeedback on a recent interaction
• Enterprise: A US customer texts a business’s toll-‐free number with a question
Proprietary & Confidential to OpenMarket
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Real-‐world examples
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Alerts And Notifications
• Fortune 100 retailer • Improved its fulfilment experience • Customers receive three SMS notifications during the shipping process: • when the order leaves the warehouse • when it’s handed over to a local courier • finally when it’s delivered
• The SMS notifications not only give customers real-‐time updates, they can also enable them to request a change to the delivery date or destination
Proprietary & Confidential to OpenMarket
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Customer Engagement
• Leading UK airline • Instant customer feedback program • Immediately after passengers board a plane,they receive an SMS that directs them to a “boarding experience” survey
• Makes customers feel valued and important • Elicits feedback while still fresh in their minds • Flight attendants
• receive continual feedback from customers • view the feedback in real-‐time • promptly deal with any complaints or problems
Proprietary & Confidential to OpenMarket
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IT Operations and Support
• OpenMarket’s own parent company, Amdocs • SMS alerts solution for Indian location IT support • Minimise inbound calls and emails when outages • SMS solution:
• IT can initiate an alert manually to keep employees informed
• filter by specific groups of employees • helps to manage the incident • minimises the impact on productivity
• Works regardless of network impacts on IP phones or email servers
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• Wanted: • Improve customer experience • Lower support costs • Improved technical support to diagnose mobile phones issues
• Needed: • Global reach • Customer familiarity
• Solution: • SMS link initiated diagnostics • Streamlined experience • Reduced support calls43
Customer IT Support
• Global Retailer of mobile phones, computers and tablets
Proprietary & Confidential to OpenMarket
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Mobile Across the Entire Enterprise, for the Whole Customer Experience
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Mobile Across the Entire Enterprise
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Getting Started With Mobile: It’s Easier Than You Might Think
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Quick Fixes
• Account Recovery • Enable phone number as a password recovery feature
• Authenticate the user with security code by SMS
• User re-‐enters code to verify & change password
• The whole process takes 30 seconds or less
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Quick Fixes
• Fee Avoidance • Notify customer if they are about to incur a fee
• Offer an opportunity to take corrective action
• Research shows that mobile users open nearly all SMS within seconds
• Great way to help customers avoid penalties
• Avoids damage they cause to the relationship
Proprietary & Confidential to OpenMarket
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Quick Fixes
• Support Tickets • User texts in a support keyword to your short code
• CRM system creates support ticket & routes to your CSR
• 2-‐way SMS can retrieve additional details
Even though the customer initiates the process, he never has to navigate an IVR system or wait on hold
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Text enabled toll-‐free/ landline numbers
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Text enabled toll-‐free/landline numbers
10 digit phone numbers capable of sending and receiving Standard Rate
SMS and Voice calls
Proprietary & Confidential to OpenMarket
Proprietary & Confidential to OpenMarket52
64% of consumers prefer to use texting over voice as a customer service channel 44% of consumers prefer to send a text, rather than waiting on hold to speak with an agent 81% of consumers are frustrated being tied to a phone or computer to wait for customer service help 77% of consumers aged 18-‐34 are likely to have a positive perception of a company that offers texting
(Harris Interactive Report)
Why are they important?
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What our clients are saying
“By working with OpenMarket, we can enable companies to use their existing landlines and toll-‐free numbers to send and receive text messages and provide more meaningful interactions between mobile customers and businesses.”
John Pierson
GM Proactive Engagement Solutions
Nuance Communications
Proprietary & Confidential to OpenMarket
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OpenMarket White Paper
Proprietary & Confidential to OpenMarket
bit.ly/OMwhitepaper
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THANK YOU
www.openmarket.com@OpenMarket [email protected] +44 7740 819 480