integrated cx in the age of discontent - paulwriter.com · integrated cx in the age of discontent...
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![Page 1: Integrated CX in the Age of Discontent - paulwriter.com · Integrated CX in the Age of Discontent Meeting Skyrocketing Customer Expectations through #SmarterCX Wendy Hogan Customer](https://reader030.vdocuments.us/reader030/viewer/2022040609/5ecc3f56a913c02127032bd0/html5/thumbnails/1.jpg)
Integrated CX in the Age of DiscontentMeeting Skyrocketing Customer Expectations through #SmarterCX
Wendy HoganCustomer Experience & Marketing Strategy Director, ORACLE APAC@wendy_hogan#LetsTalkCX #SmarterCXJanuary 31, 2018
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Professor Scott Galloway
“Advertising is a Tax on the Poor”
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Why CX MattersWE LIVE IN A CHANGED WORLD
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Today’sCustomers areDRIVEN BY CHOICE
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Propelled by dynamic digital behaviour
• India will have 500m Internet users by June 2018; 64% Urban, 36% Rural population reach (IAMAI / KANTAR IMRB)
• Growth will come from local language and video
• Pictures are being used for talking
• Expectations moving from one-many to one-to-one, increasingly one-moment
• Voice search and interaction to dominate by 2020
USA
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In India, brands are focused on investing in digital presence
“In 2017, brands in most industries scored highest on the same driver –easy to use websites and mobile apps” -Forrester CX Index India 2017
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Delighting customers in the moment is becoming your business imperative and competitive advantage
Discover, compare, test-drive, easy finance, best service
Buying or Returning an Item
Make finance accessible and easy to transact
Easy to purchase, reasonable price, on-time service
Keeping services available 24/7, introducing new products
Regular upgrades, best model available, easy replacements
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Invest in the journey, not just a campaign
2. Tailor my engagement based on past interactions
3. Personalize offer to my budget and needs
4. Keep the contracting process simple
7. Help me manage my services/spend
8. Share my experiences
1. Provide me with relevant and timely information
5. Deliver right first time and every time
6. Personalize my services on demand
BUY
Market & Sell
OWN
Support & Serve
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BUSINESS TRANSFORMATION IN A DIGITAL ECONOMY
Reduce Information Silos
Single Source of Truth;
Limited data on Orders/Assets
History on Employees & Customers
Complete Solution That Delivers ROI
Omni-Channel
Digital
Single Platform, Fewer Vendors
Typical Business Needs
Predictive Insights
Better Visibility/Measurement
Real Time
Insights that Drive Action
Simplified Orchestration
Reduce redundant & manual efforts
Seamless Business Processes
Integrated
Ease of Adoption, No Training
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Connecting experiences to move from Branding is Everything, to Everything is Branding -A Fragmented View Leads to A Fragmented Experience
Copyright © 2018, Oracle and/or its affiliates. All rights reserved. |
DISCONNECTEDINTELLIGENCE
Only 11% of marketers have high confidence in the
audience they’re targeting.
— Nielsen
DISCONNECTEDDATA
31% of companies have > 30 marketing vendors
— Econsultancy
DISCONNECTED EXPERIENCES
94% of customers discontinue communication with a company because of
irrelevant messages.
— Blue Research
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CONNECTEDEXPERIENCES
CONNECTEDINTELLIGENCE
CONNECTEDDATA
SMARTER CX
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CONNECTED DATAModern Businesses Face Data Challenges
and Opportunity
OPERATIONAL
BUDGET REPORTS
ORDER INVOICE
TRANSACTIONAL
CUSTOMER PRODUCT
MASTER
IOT
PERFORMANCE USAGE
INTERESTS PURCHASES
3rd PARTY
BEHAVIORAL
WEB CLICKS POS
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CONNECTED INTELLIGENCEGenerating Automated Customer Insight & Actions
ARTIFICALINTELLIGENCE
IOTANALYTICS
BEHAVIORALANALYTICS
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CONNECTED EXPERIENCEDelivering End to End Data and Insight Driven Customer Experiences
MARKETING COMMERCE SALES SERVICE
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Build to the Individual
IndividualizationStates Preferences, Behaviors + 3rd Party
Data + Other Systems Data
ContextualizationWhat customer behavior tells you
and how you react to it
PersonalizationWhat customers tell you
about themselves
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.
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Support the Customer Journey with #SmarterCX
MA
RK
ET
PLA
CE
CPQSALESMARKETING COMMERCE SERVICE
INDUSTRY SOLUTIONS
ARTIFICIAL INTELLIGENCE
TRANSACTIONALMASTER IOTANALYTICS DATA CLOUDBEHAVIORAL
BEHAVIORAL ANALYTICS
IOT ANALYTICS
ORACLE CX PLATFORM
CONNECTED DATA
CONNECTED INTELLIGENCE
CONNECTED EXPERIENCE
PLATFORM
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Enabling real business outcomes
Faster Revenue Growth Rates
2-3x
in Revenue towards the top 15% of companies
in the next 5 years
$800 blnPersonalization ALONE will Shift
Companies That Personalize Effectively
Source: Boston Consulting Group
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#SmarterCXin Action
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Denon/Marantz uses customer data to transform their business
• Using IOT and 360 degree view of customer to drive product development
• Delivering proactive customer service globally
• Improved marketing results from targeted, focused campaigns
Copyright © 2018, Oracle and/or its affiliates. All rights reserved. |
200kIOT DEVICES
ORACLE MARKETING CLOUD / SERVICE / SALES
SCOTT STRICKLAND – CIOWatch More
ORACLE IS HELPING US TRANSFORM OUR COMPANY AROUND DIGITAL MUSIC DELIVERY
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The leading audio / video company
Four key brands
Global manufacturing, sales, and marketing
Multiple retail partners
Private equity owned
…needed to transform to remain relevant
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Consumption models changing to stored or streamed music
Traditional consumer demographic was aging up
New demographic was mobile device driven
RESPONSE
Create wireless music systems that leveraged cloud streaming services
Develop relevant mobile apps to control all D+M products
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IoT (Internet of Things) products provided usage and location data
Integrating this data with ERP provides supply chain information
Adding in Service and Social provides a consumer profile
Feeding it to Marketing allows targeted campaigns
Using Sales allowed an understanding of the customer pipeline
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Allows the Sales Team to:
Quantify their B2B relationship
Perform data driven sales calls
“Topgrade” sales representatives
Track all potential leads
…and lead the industry!
(via Sales Cloud)
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Provided data driven marketing
Allowed analysis on product placement
Created a customized marketingcampaign using:
–CRM data
–Product usage data
–Sales data
–Marketing data
(via Marketing Cloud, IoT, and Datawarehousing)
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Analyze product usage
Prioritize feature development and bug fix approaches via social feedback
Build products per actual usage and feedback
Target and leverage total product investment
(via Social Cloud and IoT)
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Understand when customers are having issues
Analyze usage data to help troubleshoot
Build customer profiles
Allow customers to self-serve
Proactively reach out to solve issues
(Via Service Cloud and IoT)
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Connecting all interactions with the Customer
ORACLE CX PLATFORM
Supporting IT and Business Needs
ANALYTICS CUSTOMAPPS
ENCRYPTIONPERSONALIZEIDENTITY SECURITY CONTENT ACCESSCOLLABORATION
Integrate Applications Personalize Build Apps
Innovate Faster
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Transforming Industry
HI-TECH/INDUSTRIAL MANUFACTURING
AUTOMOTIVETELECOMM
CONSUMER GOODS/ RETAILBANKING
BUSINESSPROCESS
INTEGRATION DATASECURITY
PRICINGCOMPLIANCE INNOVATIONANALYTICS REPORTING CHANNELSDATAMODEL
USERINTERFACE
BUSINESSPOLICY
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REVIEWS
RESEARCH
BUY
COMPAREPRICING
TRACKORDER
SOCIALMEDIA
PURCHASE
DELIVER
WEBCHAT
SEARCHKW/ADS
LEAD GEN
CONTACTS
ACCOUNTHISTORY
ORGSTRUCTURE
CONFIGURE PRICE QUOTE
CONTRACT
PROVISION
SHIPPING
SEND EBOOK
ACCOUNTPROFILE
TRANSFORMING B2C & B2B CX
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Transformation
Confidential – Oracle
Beyond Technology
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#LetstalkCXLet’s Connect:@wendy_hoganhttps://www.linkedin.com/in/wendyhogan/