CustomerSure

In this Guide…

You need to put together a business case for a CX improvement/VoC project. We’ve pulled together statistics, case studies, and a proven methodology you can use to write a business case that demonstrates a need, reduces risk, and justifies the investment.

Customer Experience management isn’t a ‘nice to have’, it’s a competitive advantage. So a VoC programme which not only prioritises insights for service improvement, but – critically — enables real-time service recovery will:

  • Enhance customer satisfaction, leading to greater spend, cross-sell, and upsell.
  • Fortify an organisation’s reputation, leading to more new business

Ultimately, a best-in-class VoC programme isn’t a ‘feel good’ project, it improves the bottom line.

This is borne out by the research…

Customer Experience Management Statistics:

The cost of inaction is clear. But what’s the difference between results-driven, best-in-class customer experience management, and a project which looks good on paper but fails to deliver?

Objectives of Customer Experience Management

The primary objective of deploying a CXM solution is to systematically capture, analyse, but most importantly, act upon customer feedback. Long-term service improvement initiatives can not prevent imminent attrition. If customers leave before new long-term projects are put in place, they won’t see the benefits of those projects.

Therefore, your objectives, in priority order, are:

  1. A “closed loop” process to recover customer service issues in real time;
  2. Maximising the quality of customer feedback across all touchpoints;
  3. Understanding trends from feedback to prioritise actions for continous improvement

One non-objective is quantity of feedback. Whilst it’s important to gather ‘enough’ feedback to have confidence in your decisions; trying to artificially increase your feedback volume can — at best — reduce its overall quality, and — at worst — negatively impact satisfaction scores!

What to look for in CXM software?

You will require an easy to use platform, able to collect and segment customer feedback across a range of touchpoints. The job won’t be done well, or not at all, if your team find it hard to work with their tools.

The solution should be able to report standard CX metrics, like CSAT, NPS and CES, showing both current status and trends; for the organisation as a whole, and allowing drill-down into different business units.

Integration with existing CRM/ERP solutions, both to automate feedback collection, and to increase visiblity of feedback, is highly desirable.

Most importantly of all, the CXM solution provider needs to be able to act as a true partner who will guide and challenge you to implement, and continuously improve a genuinely best-in-class VoC programme.

The solution partner should be able to guide you both strategically: What exactly are you going to do to realise a revenue uplift from VoC; and tactically: Which metrics are you going to use? How should you time feedback collection? How do you pick questions?

CXM Case Study: GBG

GBG

GBG are global specialists in identity intelligence. They offer a suite of products around identity verification and fraud prevention to a variety of industries.

Working with CustomerSure, the GBG team streamlined their global VoC programme, ensuring every customer is able to leave feedback, and crucially, this feedback can be escalated quickly to a complaints system if needed.

Because feedback is part of ‘business as usual’, satisfaction remains high, customer comments are used to improve GBG’s products and services, and GBG have became sophisticated enough with VoC to publish a ‘you said, we did’ page, demonstrating to current and future customers that they take customer experience seriously.

Benefits of a Voice of the Customer Programme

If your VoC programme is well-designed, you can expect an increase in customer satisfaction.

This in turn willl lead to a material year-on-year increase in:

But simply putting a VoC process in place doesn’t guarantee these results. You need to design the process for a return on investment from the outset.

Roadmap for implementing a new CXM solution

To de-risk your new CXM programme, you should adopt a phased roll-out.

  • Start with a pilot within one business unit:
  • Pick a journey, or even a single touchpoint,
  • build a survey;
  • integrate;
  • get some customer feedback, and ensure your team is prepared to deal with any comments that need immediate resolution.

You do have a chicken-and-egg problem, though.

Should you start by appointing a partner to help run the project, who can assist with internal stakeholder engagment and help define project goals? Or do you get your stakeholders on board, collectively agree goals, and then appoint a partner to help you hit them?

Naturally we prefer the former.

Our entire client-facing team have experience in CX roles, and have worked on projects like yours. We can help you plan a project that’s guaranteed to deliver.

But of course, we’re comfortable joining a project late. We find the strongest teams are flexible, and enjoy being challenged if we come on board and have suggestions for improvement.

Whichever route you choose, your project should move through these phases:

Phase 1: Stakeholder Strategy

  • Ensure all business stakeholders are on board, and ensure that it’s understood, from the top down, that improving customer experience will deliver growth.
  • Agree goals and KPIs for this project. Ensure goals will drive an increase in your bottom line.
  • Agree roles and responsibilities. Who is responsible for following up negative feedback? Who has authority to ensure change is implemented?

Phase 2: Programme Design

Define your customer journeys, identify their touchpoints. Which channels will you use to reach customers at each touchpoint? Which questions will you ask?

Phase 3: Training and Rollout

Ensure your team are trained on your platform of choice. Ensure you’re able to extract data in the correct format for internal reporting. And most importantly, ensure the people responsible for turning around customer issues are confident that they have the tools at their disposal to do so.

Phase 4: Regular reviews and improvement

Once the project is working well on a single customer journey, roll it out to more journeys. Working with your implementation partner, regularly review all touchpoints, and identify if you need to change what you’re asking or how you’re reporting on it.

Reducing CX Project Risks

The main risks we see to large Voice of the Customer implementation projects are:

  • Integration challenges
  • Change resistance
  • Lack of stakeholder buy-in.

These risks can all be mitigated.

Integration challenges

You should assign priorities to different integrations. It is key to integrate your VoC system with another line-of-business system to ensure that feedback requests can be triggered in a timely way. The reverse (sending customer feedback into a CRM, for example) is desirable, but not essential.

Change management

Provide clear communications to all stakeholders about the objectives of the VoC project and how they will be achieved. Engage these stakeholders early, and if necessary, bring in your external partner to act as an advocate for the benefits of doing VoC correctly.

The success of this kind of project can depend on your organisational culture: If your senior leadership do not instinctively understand the benefits of investing in customer experience, a technology solution may not be able to turn this around.

Conclusion

Deploying a VoC solution is a strategic investment towards enhancing your competitive edge and financial performance.

If you’d like support implementing your new VoC project, or just an assessment of your current level of VoC maturity, and some recommendations on how to increase it, get in touch! We love talking to people in your shoes.

Dan Gianfreda

Dan is the founder of Batteries Included, a boutique Customer Success consultancy. Before starting Batteries Included, Dan held roles as Senior Director of Customer Success and Chief Customer Officer at a number of global SAAS firms.

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