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文檔簡介
2023//
INMOMENTTRENDSREPORT
APACRetailConsumerTrendsReport
ThreeTrendsThatWillTakeYouFromTable-Stakes
ExperiencestoMemorable,Business-BuildingCXStrategies
/23
COPYRIGHT?2023INMOMENT,INC.ALLRIGHTSRESERVED.
APAC
2023//
INTRO
Atthebeginningofeachnewyear,it’sagiventhatyouwillhavemultipleconsumertrendsreportsinyourfeed,inbox,andads.Butwecanpromiseyou,thisreportisunlikeanyyou’veseenbefore—itwasdesignedtoinformyourcustomerretentionandacquisitionstrategiesmorethananyreporteverhas.
PG#03
WhatMakesThisRetailConsumerTrendsReportDifferent?
PG
#05
ACloserLookatOurData
PG
#08
AnOverviewoftheRetail
TrendsYouNeedtoKnow
PG
#11
Trend#1:ConsumersWillNo
LongerSettleforConvenience
PG
#14
Trend#2:ConsumersNow
ExpectHybridExperiences
PG
#18
Trend#3:TraditionalApproaches&UnderstandingsAreOfficiallyOutdated
PG#26
HowYouCanTakeAction
PAGE|2
2023//
SECTION1
WhatMakesThisRetailConsumerTrendsReportDifferent?
PAGE|3
2023//
SECTION1|WHATMAKESTHISRETAILCONSUMERTRENDSREPORTDIFFERENT?
T
heunspokentruthisthatmost consumertrendreportsaren’t keepingupwithyourshoppers.Why?Becausetheyarelargelybasedonsurveyfindingsalone.
However,onlyafractionofyourconsumervoicecanbeheardviasurveys.
Asaretailer,youknowthatthevastmajorityoftheinsightsyouneedtoshapeyourmerchandising,productdevelopment,ecommerce,andoverallbusinessstrategyareonreviewsites,socialmedia,fromyouremployees,andbeyond.
That’swhythisRetailConsumerTrendsReportisderivedfromallavailableconsumerdata,acrossmultiplechannels.Tobemorespecific,weleveragedover120,000+retaildatapointsinAPACtoaccessthefindingsyou’lldiscovertoday.
RETAILCONSUMERDATA
SURVEYDATA
PAGE|4
2023//
SECTION2
ACloserLook
attheData
PAGE|5
2023//
SECTION2|ACLOSERLOOKATTHEDATA
SOCIALSIGNALS
[TIKTOK,INSTAGRAM,FACEBOOK,ETC.]
First,westartedwithexistingsocialsignalsaboutretailexperiencesfromTikTok,Instagram,Facebook,Twitter,andbeyond.WeminedthisdatafortopicsandsentimentleveragingInMoment’sSpotlightsolution.
S
o,wheredidthose120,000+ datapointscomefrom?Here isaquickbreakdownofhowwewentfromcollectingdatatoidentifyingtheneed-to-knowtrends.
Sowhydoesthisapproachmakesuchabigdifference?BecauseweareleveragingwhatwecallanIntegratedCXapproachtoconsumerdata,ratherthanjustrelyingonasurveyalone.Thisenablesustogetatrulyholisticperspectiveofconsumerbehaviour.
Additionally,wearetrulylettingconsumersidentifythetrendsratherthanmerelycreatingasurveybasedonourownperceptionoftheexperiencesretailconsumersdesire.
ONLINEREVIEWSIGNALS
[GOOGLEREVIEWS,DIGITAL,GLASSDOOR,ETC.]
WethenaddedonlinereviewdataaboutretailersfromGoogle,Glassdoor,andothersitesviaourReviewManagementsolution(ourintegrationwith
ReviewTrackers
)intoSpotlightalongsidethesocialdata.
HISTORICDATA
[2022]
Next,weusedSpotlighttoaggregateInMomentretailconsumerdatafromsurveysandothersourcesin2022.
MARKETPULSESURVEY
Onceweminedallthatexistingdatafortrendsandinsights,weleveragedInMoment’sMarketPulsetofillintheblanks,hearconsumerstories,andgainmorecontext.
2023//
SECTION2|WHATISINTEGRATEDCX?
?
WHATISINTEGRATEDCX?
IntegratedCXisInMoment’sapproachthathelpsbusinessesimproveexperiencesandachievemeasurablebusinessoutcomesfromcustomerexperienceinitiatives.
IntegratedCXconnectscriticalaspectsofasuccessfulcustomerexperience,including:
INTEGRATEDSIGNALS:
Bringingtogetherthevoiceofcustomersandnon-customersacrossthefullcustomerjourneyfromsurveys,chats,reviews,calls,etc.
INTEGRATEDINSIGHTS:
DeliveringbothleadinginnovativetechnologyandstrategicexpertisetodeliverROI
INTEGRATEDACTION:
Eliminatingthesilosthatexistinmanycompanies,facilitatingacoordinated,data-drivenapproachtoprioritisingaction
PAGE|7
2023//
SECTION3
AnOverviewoftheRetail
TrendsYouNeedtoKnow
PAGE|08
2023//
SECTION3|WHATARETHENEED-TO-KNOWRETAILCONSUMERTRENDSFOR2023?
LET’SGETINTOIT
WhatAretheNeed-to-
KnowRetailConsumer
Trendsfor2023?
Leveragingour
industry-leadinganalytics
andtheexpertiseofour
StrategicInsights
Team
,weexaminedall120,000+datapointstohelpyouidentifythemake-it-or-break-itconsumerdemandsthatwillinfluenceyourcustomeracquisitionandretentionplansaswellashelpyouunderstandwhoyou’resellingtoonadeeperlevelwhileavoidingpotentialexperiencepitfalls.
120k+datapoints
Pleasetellusmoreaboutyourmostrecentexperience.
INDUSTRY
Retail
CustomTags
120K+
DATAPOINTS
Pharmacy
eCommerce
PAGE|09
2023//
SECTION3|ANOVERVIEWOFTHERETAILTRENDSYOUNEEDTOKNOW
HERE’SWHATWECAMEAWAYWITH:
TREND#1
ConsumersWillNoLonger
SettleforConvenience
TREND#2
ConsumersNowExpect
Seamless,HybridExperiences
TREND#3
TraditionalApproaches
&UnderstandingsAre
OfficiallyOutdated
Ultimately,thereisonegreaterthemethatunitesthesethreeexperiences:theretailcustomerexperienceapproachofyesterdaywillbemeretablestakeswhenyou’recompetingforyourcustomers’loyaltyin2023.
Andwhileofferingslikebuyclick-and-collect,
freeshipping,andthelikemayofferpassible
experiencesforyourshoppers,thereareother
strategiesthatwillhelpyouwinandkeeptheir
businessforyearstocome.
So,foreachtrendthatfollows,wewillidentifytheexperienceelementsthataretablestakes,andthenunveilthestrategiesthatwillhelpyoustandoutin2023!
PAGE|10
2023//
SECTION4|TREND#1
T/01
ConsumersWillNoLonger
SettleforConvenience
PAGE|11
2023//
SECTION4|TREND#1/CONSUMERSWILLNOLONGERSETTLEFORCONVENIENCE
B
efore2020,conveniencewasking forretailers.Themostinnovative brandsofthetimewerefocusedonbroadeningtheirdigitalofferings,addingselfcheckout,andimplementingnewpaymentoptions,whileotherswerestillfocusedonbrick-and-mortarexperiences.Then,theglobalpandemicforcedallretailerstoadoptconvenience-(andfranklysafety-)basedexperiencesorriskcatastrophiclosses.
Inourresearch,wediscoveredthatthoughtheseconvenience-basedexperiences(likeclick-and-collect,selfcheckout,andthelike)aremeretablestakesfortoday’sconsumer.
Now,don’tgetuswrong.Wearebynomeanssayingthattheseofferingsareunimportant—justtheopposite.Infact,withouttheseexperiences,consumerswillnotshopwithyouatall.
SoIfConvenienceAloneWon’t
DrivePurchasesin2023,WhatWill?
Aspromised,weminedall120,000+datapointstouncovertheexperiencesthatwillbedifferentiatorsforyourconsumersinthenextyear.
Andbecauseretailissuchabroadindustry,webrokedownthedriversofacquisitionandretentionintomorespecificretailsegments:
BIGBOX
SPECIALTY
GROCERY
TheBrand’sSocialPresence
Proactive
Sustainability
Digital
In-Store
PHARMACY
DISCOUNT
Personalisation
(Particularly
fromStaff)
PlentifulStock&
UniqueOptions
PAGE|12
2023//
SECTION4|TREND#1/THEPOWEROFSOCIALMEDIA&INFLUENCERMARKETING
ThePowerof
SocialMedia
&Influencer
Marketing
Whenlookingatretailasawhole,wefoundthatastrongsocialmediapresencedroveacquisitionandretentionacrosstheboard.Inourdata,over60%ofretailerswhohadastrongTikTokandInstagrampresencenotedhigher“purchaseintent”sentiments.
Andsincealargecomponentofsocialmediapresenceforretailersisinfluencermarketing,weaskedwhetherAPACconsumershadpurchasedfromaretailbrandbecauseofasocialmediainfluencer
inthelastyear.Here’swhatwefound:
Ofthosewhousedsocialmedia,ONEINFOURpurchasedaproductthroughsocialmediaand/orasocialinfluencer(Instagram,TikTok,Facebook,etc.)
OVERHALFofAPACconsumerswillmakeaproductpurchaseviasocialsignals(influencers)in2023—asignificantincreaseinthecomingyear!
PAGE|13
2023//
SECTION5|TREND#2
T/02
ConsumersNowExpectHybridExperiences
PAGE|14
2023//
SECTION5|TREND#2/CONSUMERSNOWEXPECTHYBRIDEXPERIENCES
G
onearethedaysofsiloedin-storeor onlineexperiences.Consumerswill expectaseamlessblendofbothin2023—butwhatdoesthatlooklike?
Previously,elementslikeclickandcollect,free-shippingonreturns,andthelikewouldhavebeenconsideredcutting-edgehybridexperiences,butstayingtruetoourtheme,theyarenowexpected.
Infact,oneofthreeofyour
consumerswillexpectyourbrand
toadoptahybridapproach.
Todrilldownevendeeper,weaskedconsumerstorankthehybridexperiencestheyexpectretailbrandstoofferwiththestipulationthatwithoutthoseexperiences,they’dbeunlikelytopurchase.Here’swhat
HYBRIDEXPERIENCESCONSUMERSWILLEXPECTYOUTOOFFER:
SPECIALOFFERSANDDISCOUNTS
#1RANKED
PERSONALEXPERIENCE/RECOMMENDATIONSFROMSTAFF
#2RANKED
FREERETURNSANDREFUNDS
#3RANKED
BRANDVALUES
#4RANKED
RECOMMENDATIONSFROMONLINEREVIEWS
#5RANKED
Consumerswereparticularlyadamantthatoneoftheseexperiencesinparticularwasamake-or-breakoption.
weheard:
PAGE|15
2023//
SECTION5|TREND#2/HYBRIDEXPERIENCESTHATWILLEXCEEDCONSUMERS’EXPECTATIONS
Over50%ofAPACconsumerssaidfreerefundsandreturnsareESSENTIALwhenpurchasingfromabrand.
Talkaboutanultimatum!Thevoiceofthecustomerisreallystronghere,however,therearemanyretailersthatareforgoingtheirfreereturnpoliciesdueto“bracketing”(theprocessofbuyingonesizesmallerandonesizebiggertoseewhatfits)costingthemextrainreturns.Thoughthispolicychangemaycutcostsinitially,it’sclearthatitwillalsocostyourbrandquiteafewcustomersinthelongterm.
HybridExperiencesThatWillExceedConsumers’Expectations
Sonowthatwe’vedefinedtheelementsthatwillstopconsumersfrompurchasingandwhichexperienceswillhelpconsumerstoconsiderpurchasing,let’stakealookatthosehybridexperiencesthatwillsealthedeal.
Customised
Colours
$59.00
PAGE|16
2023//
SECTION5|TREND#2/CONSUMERSNOWEXPECTHYBRIDEXPERIENCES
Inourresearch,itbecameclearthatconsumerswereexcitedattheprospectofusingtheirmobiledevicesasapartoftheirin-storeexperienceinavarietyofways:
+
APACCONSUMERSSAID...
they’dliketoleveragetheirphone/anapptoviewproductratingsandreviewswhilebrowsinginstore
ONEINTHREE
they’dalsoliketobeabletoviewproductoptions(suchascoloursorsizes)byscanningaproductwiththeirsmartphoneinstore
ONEINFOUR
they’dliketoview
recommended
productpairingsvia
anapp/mobilesite
whileinstore
ONEINFIVE
they’dliketoviewsocialmediaproductreviews/mentionswhileshoppingatabrick-and-mortarlocation
ONEINFIVE
Essentially,consumersin2023wanttobringtheirfavouritedigitalexperienceelementsintothephysicalstorewiththem.Whetherit’sseeingwhatotherbuyershadtosayinthemoment,
gettingproductpairingrecommendations,orothersimilaroptions,yourconsumersarelookingtobewowedwithAmazon-likepersonalisationwhileinstore.It’stimetostartdelivering!
PAGE|17
2023//
SECTION6|TREND#3
T/03
TraditionalApproaches
&UnderstandingsAre
OfficiallyOutdated
PAGE|18
2023//
SECTION6|TREND#3/TRADITIONALAPPROACHES&UNDERSTANDINGSAREOFFICIALLYOUTDATED
L
ookingatourinsightssofar,it’s safetosaythatconsumerswill simplynotsettleforthesameoldretailexperiences.Infact,perkslikefreereturnsorloyaltyprogramssimplywillnotbeenoughtoturntheirheadseither.
Withthatinmind,woulditsurpriseyoutolearnthatourresearchdebunkedafewpopularcustomerexperienceassumptionsaswell?
Wethoughtnot.Inthissection,we’llbebustingsomemythsabouttheretailcustomerexperiencethatwillchangeyourapproach.
TRUE
?
?
FALSE
PAGE|19
2023//
SECTION6|TREND#3/BUSTINGRETAILCUSTOMEREXPERIENCEMYTHS
BustingRetail
Customer
ExperienceMyths
BC
D
A
E
F
HOWCUSTOMERSWANTTOINTERACTWITHBRANDS
A|VIAASURVEY/////////////////////30%B|REVIEWS&RATINGS////////////////26%C|CONTACTDIRECTLY/////////////////26%D|OTHERMETHODS////////////////////16%E|CONTACTDIRECTLY/////////////////12%F|OTHERMETHODS////////////////////02%
*MULTIPLEOPTIONSAVAILABLETOSURVEY
RESPONDENTSRESULTINGIN100%+
MYTH#1
SurveysAretheMostImportant
CustomerFeedbackMethod
F
T
FALSE.Thoughsurveysarecertainlyanimportantwaytogetdirectfeedbackfromyourcustomerstheyarebynomeanstheonlytoolyoushouldbeleveraging.
Whenweaskedconsumerstheirpreferredcustomerfeedbackmethod,30%saidtheywouldtakeasurvey,butonlinereviewsarejustasimportantwith26%ofconsumerssayingtheyprefertoleavefeedbackonareviewsite.
Sowhatdoesthismeanforyou?Well,itmeansthatifyouareonlylookingatsurveys,youaremissingoutontheinsightsyoucouldbegainingfromonlinereviews,socialmedia,andothersignals(checkoutMyth#2foraclearexample).
PAGE|20
2023//
SECTION6|TREND#3/BUSTINGRETAILCUSTOMEREXPERIENCEMYTHS
MYTH#2
SurveysAreEnoughtoUnderstand&ImprovetheEntireConsumerJourney
F
T
ABSOLUTELYFALSE.Firstly,wewanttoclarifythatwearen’tsaying“surveysaredead.”Butweabsolutelyhavefoundthatsurveys
alonearenotenoughtofullyunderstandyourcustomerandnon-customerjourneys—youhavetobringinothersignalstogetthecontextyouneedtotakeeffectiveaction.
CONTINUEDONNEXTPAGE
PAGE|21
2023//
SECTION6|TREND#3/BUSTINGRETAILCUSTOMEREXPERIENCEMYTHS
LET’STAKEALOOKATAN
EXAMPLEWEFOUNDIN
OURDATA:
Startingoutwithasurveyresponse
“Thestaffwerenotattentive;noonewasaroundtohelpme.”
Wewerethenabletoaddinanotherlayerofcontextwithaconsumersocialsignal
“YourstafflookEXHAUSTED!Nowondereverythingissoslow.”
Thingsaregettingclearer,butwhathappenswhenweaddanemployeesocialsignal
“I’moverworked[...]My
managerjustgivesmeMORE
tacticalwork!”
PAGE|22
2023//
SECTION6|TREND#3/BUSTINGRETAILCUSTOMEREXPERIENCEMYTHS
MYTH#2/SURVEYSAND
CUSTOMERJOURNEY(CONTINUED)
Ifwehadmerelylookedatthesurveyresponse,ourassumptionwouldhavebeenthatthestaffwasn’tpayingattentiontothecustomers,thattheywerebeinglazyordistracted.However,whenweapplythesocialsignals,welearnthattheretailbrandisparticularlybusyandperhapsunderstaffedatthatspecificlocation.
Thestaffareexhausted,andtheytellusintheirsocialmediapoststhattheyarefeelingoverwhelmedandboggeddownbytacticalwork,andtherefore,theyareunabletoprovideengagingcustomerexperiences.
ThisiswhytakinganIntegratedCXapproachissoimportant.Byaddingcontextwithsignalsthatgobeyondsurveys,weareleftwithaclearerpictureofwhatthisparticularretailbrandneedstodotoimprovecustomerexperiences.
AFEWACTIONSTHEYCOULD
TAKEWOULDBETO:
?Auditthebusiestshiftstoensuretheyarenotunderstaffed
?Lookintodifferenttasksthat
couldbeautomatedsoemployeescanspendmoretimewithcustomers
?Seekfeedbackfromtheiremployeesonhowtolessentheirstresslevelsandremovefriction
Socialsignalsclearlymakeahugedifferenceinunderstandingthewhybehindyourcustomerexperiences,sodon’tisolateyourselftosurveys!
PAGE|23
2023//
SECTION6|TREND#3/BUSTINGRETAILCUSTOMEREXPERIENCEMYTHS
42%58%
61%39%
GENZ
MILLENNIALS
45%55%
GENX
BABYBOOMERS
56%44%
DRIVERSOFPURCHASEANDSPEND
//////////////////////////////////PRICE//////////////////////////////////VALUE
FIGURE3.2
MYTH#3
ConsumersCareMoreAbout
PriceThanProductValue
T
F
NOTCOMPLETELYTRUE.Yes,pricedoesmatter,butdependingontheconsumeragegroup,therearesomethingsthatcouldmattermorewhenitcomestopurchasing,particularlyproductvalue.
SEEFIGURE3.2
MillennialsandGenZinparticularweremorewillingtobuyamoreexpensiveproductifitofferedhighervalue(betterfeatures,moredurable,widercolour/sizerange,etc.).GenXandBabyBoomers,however,foundpricetobemoreimportant.
PAGE|24
2023//
SECTION6|TREND#3/BUSTINGRETAILCUSTOMEREXPERIENCEMYTHS
MYTH#4
ConsumersFindIt‘Creepy’WhenBrandsPersonaliseExperiences
F
T
EMPHASISINGNEWCONSUMERBEHAVIOUR
43%
ofAPACconsumersactuallyfeelpositivelyaboutpersonalisedadsandthelike.
FALSE.Atthispoint,we’veallhadthisexperience:you’retalkingwithyourfriendsaboutaproductyou’vefoundandareconsideringpurchasing.Thenextday,yourInstagramfeedispackedwithadsaboutthatparticularproduct.Creepy?Maybeyouthoughtsoatonetime,buttoday,notsomuch!
Addingemphasistothischangeinconsumerbehaviouristhe
factthat43%ofAPACconsumersactuallyfeelpositivelyaboutpersonalisedadsandthelike.
Sowhatdoesthismeanforretailbrands?Don’tbeafraidtoleveragesocialsignalstopersonalisedigitalexperiences!There’snoneedtobeconcernedaboutconsumersfeelingcreepedout—infact,they’remorelikelytoappreciateyourefforts.
Today,onlyoneinthreeofAPACconsumersconsiderpersonalisationtobecreepy.
PAGE|25
2023//
SECTION7
TakeAction
Here’sHowto
NOWYOUKNOWWHAT’SNEXT
PAGE|26
2023//
SECTION7|STEP#1/ENABLENEWCONSUMERSIGNALSINYOURCXPROGRAM
L
isteningandanalysingto gaininsightsisonlyhalfof thebattlewhenitcomestobusinessstrategy—yoursuccesstrulyhingesonyourabilitytotakeactionbasedonyourunderstanding.
That’swhyourexpertshave
takentheinsightsfromthis
RetailConsumerTrendsReportandputtogetherthreeactionstepsyoucantaketodaytocapitaliseonyourlearnings!We’vealsotakenitonestepfurtherbyaddingstoriesfromourclientswhoareblazingthetrailinretail.
STEP#1:
EnableNewConsumer
SignalsinYourCXProgram
1
3
It’sobviousfromthetrendsthatsurveysalonecan’tgiveyouthedepthofunderstandingyouneedtomakedecisionsaboutyourstaffing,merchandising,marketingcampaigns,andbeyond.Theymightgiveyouagatewayintoconsumerperception,butsurveysalonecan’tdeliverthewhybehindyourcustomerexperience.
So,whatdoyouneedtodo?Youneedtostartlisteningtonewsignalsandyouneedacustomerexperienceplatformthatiscapableofminingdatafromall
thosesignalsandconsolidatingitallintooneplatform.Notonlythat,butyourplatformneedstheanalyticstoturnthatdataintoactionableinsightsthatcanbesharedacrossyourorganisationwithcustomisablereports.
Ifyou’rethinkingthatsoundslikeaCXunicorn,wegetit.Butasolutionthatpowerfulisanythingbutfantasy.TheInMomentXIPlatformiscapableofdoingallofthatandmore.CheckoutthegraphicbelowtoseehowtheXIPlatformhandlestheend-to-endCXprogram.
PAGE|27
2023//
SECTION7|STEP#1/ENABLENEWCONSUMERSIGNALSINYOURCXPROGRAM
STEP#1:ENABLE
NEWCONSUMER
SIGNALSINYOUR
CXPROGRAM
(CONTINUED)
WiththeXIPlatform,youareabletocollectdatafromeveryconsumersignalimaginable,fromthecontactcentre,tosurveydata,tosocialmediaandreviewsitedata.Withthis360pictureofyourvoiceofcustomer,you’llgainadditionalcontextthatmakesthedifferencebetweenanassumptionandatrueinsight(revisitourexample
here
).
SOCIALSIGNALS
StakeholderAcquisition,Adoption&More
OTHERDATA
“FillInTheGap”;
TargetedResponses&More
REVIEWDATA
StakeholderAdvocacy,Retention/Churn&More
TARGETEDSURVEYS
Painpoint&BusinessQuestionFocused
CONVERSATIONS
ContactCentre
Transcriptions,Commu-nity-Panels&More
INTERNALDATA
Segmentation&
PersonaDefinitions
INDIRECT
FEEDBACK
DIRECT
&OTHER
FEEDBACK
STRATEGICSERVICES
50+YearsInsightsExpertise,Consultation,Modeling,etc.
OURAI-DRIVENXIPLATFORM
TextAnalytics,Reporting,Real-TimeAlerting
PAGE|28
2023//
SECTION7|CUSTOMERSTORY
CUSTOMERSTORY
ThisnewpartnershipallowedthecompanytoenablenewcustomersignalsbyintegratingsocialmediadatawiththeirVoCdata.Thisinitiativeallowedthemto:
ConsumerElectronicsRetailer
LeveragesXIPlatformtoCombinethePowerofVoC&SocialListeningSignals
Thisconsumerelectronicsretailerusedtoapproachtheircustomerexperienceandvoiceofcustomerbydesigning,distributing,andanalysingawiderangeofsurveys.Thebrandknewtheyneededtodiversifyandoptimisetheirapproachtokeepupwithconsumerpreferencesandgainamoreholistic,actionableapproachtocustomerexperience.That’swhytheypartneredwithInMoment!
Reducesurveyspendbysubstitutingsocialsignalswherepossible
Combinesocialdatawithsurveyresponsestoaddadditionalinsightintothecustomerexperienceandexplorethefeasibilityofreducingtheirsurveyspend
Identifycommonthemesandcorrelationsinthesocialdatatouseasareliable,immediately-actionableproxyforcustomer
surveyresponses
PAGE|29
2023//
SECTION7|STEP#2/SHARE&ALIGNWITHTHENEWDRIVERSOFPURCHASE
STEP#2:
Share&AlignwiththeNewDriversofPurchase
2
3
Inthistrendreport,wereallydoveintowhatthenewdriversofpurchasewillbein2023.Butwheredoyougofromhere?Well,we’vecreatedthissharablechartbreakingdownthepurchasedriverssoyoucanreferbacktothemduringstrategysessionsandbeyond:
Butprintingthischartoutorsavingittoyourdesktopwon’tenactanychange.Theseinsights(aswellasanyinsightsyougainfromyourCXprogram)areonlyvaluableifyousharethemwiththepeopleinyourorganisationwhocantakeaction.
PAGE|30
2023//
SECTION7|STEP#2/SHARE&ALIGNWITHTHENEWDRIVERSOFPURCHASE
STEP#2:
SHARE&ALIGNWITHTHENEW
DRIVERSOFPURCHASE(CONTINUED)
Thisiswhereacross-functionalCXgovernancegroupcomesinhandy.Ifyouhaven’talready,wehighlyrecommendcreatingacross-functionalgroupwhereyoucanmeetandsharerelevantinsightswithorganisationleaders.Notonlywillthisenableyoutoshowcaseyourlearnings,butit’sanopportunity
totailorthoselearningtoleadersandshowthemexactlywhattheyhavetogainbygettinginvolvedinyourCXprogram.
Ifyou’rethinking,“Anothermeeting?Myscheduleis
alreadypacked,”noworries!Youcanalsoleveragecustomreportstosharerelevantinsightswithyourmarketing,product,HR,andotherteamsviaInMoment’sFieldReporting.
WithFieldReporting,CXprogrammanagerscanempowerteammemberswhodon’thave“CX”intheirtitleswithcustomisedreportsthatpertaindirectlytotheireverydayjobs.Leveragingitsself-servecapabilities,youcancreatetablesofaggregatedorresponse-leveldatatobuildvisualisationsanddashboardsthatmeetyourspecificbusinessrequirements.Inotherwords,youcancreatequick,easytounderstandreportstokeepyourstakeholdersintheloop.
PAGE|31
2023//
SECTION7|CUSTOMERSTORY
CUSTOMERSTORY
mayhavebeenoverlookedinthepast,andensuresthatrelevantstakeholdersandleadersseetheimpactofcompanydecisionsoncustomersmoreeffectively.
Asaresultofthesemeetings,ourclientwasableto:
InMomentClientLeveragesMonthlyCross-FunctionalGroups&DashboardstoCreateCustomerCentricity
OneInMomentcustomerwassearchingfornewwaystousecustomerfeedbacktodrivepositiveexperiences.InpartnershipwithInMoment,theCXteamstartedmonthlydeep-divesintocustomerfeedbackinordertounderstandthecustomerandtheirinteractionsthroughouteverystageofthecustomerlifecycle.
Theteamusesdashboardsdevelopedon-the-flytofindnewbusinessintelligence,makeshypothesesbasedonup-to-theminutefeedback,andfindsthepainpointsthatmattermosttothecustomer.Theforumalsoidentifiescustomerpainpointsthat
Achievemoreimmediatecross-functionalaction
Improveinternalprocessesforasmoothercustomerexperience
Improvecustomercommunications
PAGE|32
2023//SECTION6|TREND#3/BUSTINGRETAILCUSTOMEREXPERIENCEMYTHS
PAGE|33
2023//
SECTION7|STEP#3/FOCUSONSUPPLYINGTRULYINNOVATIVEEXPERIENCES
STEP#3:
FocusonSupplyingTrulyInnovativeExperiences
3
3
Yesterday’sinnovationsareofficiallyjusttablestakestoyourcustomers—bu
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