3rd party feedback product launch webinar
DESCRIPTION
Launch presentation for Empathica's new 3rd party feedback and text analytics capabilitiesTRANSCRIPT
1
Re-Imagining Customer Feedback to Drive Action3rd Party Feedback and Text Analytics
VP, Products
March 19, 2013
Lee Kennedy
2© 2013 All Rights Reserved - Confidential
Launch Party!
3© 2013 All Rights Reserved - Confidential
Adapt or Die
4© 2013 All Rights Reserved - Confidential
Re-Imagining of Customer Feedback
Relationships, Mystery Shopping
Surveys, Social Media and others
5© 2013 All Rights Reserved - Confidential
Re-Imagining of Connectivity
Then... Now...
Mobile users have outnumbered landlines since 20022.4 Billion Internet users globally in 2012
*Mary Meeker - KPCB
6© 2013 All Rights Reserved - Confidential
Re-Imagining of Almost Everything
Desktop / Laptop Tablet / Smartphone
*Mary Meeker - KPCB
Since 2010 Tablets and Smartphone have outsold PCs
© 2013 All Rights Reserved - Confidential
The Volume of Feedback is Growing
30 Million Surveys per Year
50 Million Reviews
2 Billion Check-ins
1 Billion Active Users
500 Million Active Users
77
8© 2013 All Rights Reserved - Confidential
Graveyard of Failed Adaptation
Consumers discovered digital collaboration (wiki)Print edition shut down in 2012
Consumers started streaming content onlineFiled for bankruptcy 2010
Consumers swapped paperbacks for e-booksFiled for bankruptcy 2011
Consumers captured their memories digitallyFiled for bankruptcy 2012
© 2013 All Rights Reserved - Confidential
Creating Effective Customer Feedback
Lead The Conversation
Understand how you are executing
Follow The Buzz
Uncover trends in whatcustomers are saying
Act
Focus on what matters most to your customers
99
© 2013 All Rights Reserved - Confidential
Surveys for structured feedback
Creating Effective Customer Feedback
Lead The Conversation
Understand how you are executing
Follow The Buzz
Uncover trends in whatcustomers are saying
1010
Focus on what matters most to your customers
Act
© 2013 All Rights Reserved - Confidential
Customers Want to Give You Feedback
30 million customers give survey feedback about their in-store experiences every year
Less than 1/3 believe it is acted on
11
2012 Empathica Consumer Insights Poll
11
© 2013 All Rights Reserved - Confidential
Understand How Much They Care
Recommendation
Overall Satisfied
Revisit Intent
Interior Clean
Ample & Accessible
Parking
Clean & Well Maintained
Exterior Clean & Inviting
Friendly Greeting
Thanked for
Coming
InvitingService
Feel Valued
Employees Enjoying
Their Jobs
Undivided Attention
Efficient Service
Helpful
Employee Service
Good Variety
Good Availability
Exceeded Expectation
s
LOYALTYStore Quality Product Offering
1212
13© 2013 All Rights Reserved - Confidential
Learn Why? And How Much?
When you lead the conversation you learn whycustomers the feel the way they do, and how much they care.
When you lead the conversation you do not learnabout what you do not know yet.
Understand how you are executing
Lead The Conversation
© 2013 All Rights Reserved - Confidential
Social media, online reviews and open-ends
Creating Effective Customer Feedback
Follow The Buzz
Uncover trends in whatcustomers are saying
1414
Focus on what matters most to your customers
Understand how you are executing
Lead The Conversation
Act
© 2013 All Rights Reserved - Confidential
Social Media Influences Consumers
15
2012 Empathica Consumer Insights Poll
use Facebook to make restaurant decisions
have tried a brand dueto a social recommendation
75%
50%
© 2013 All Rights Reserved - Confidential
Making Sense of All These New Channels
16
?16
© 2013 All Rights Reserved - Confidential
Organizing the Feedback Spectrum
1717
directed undirected
general
location-specific
survey scores survey open-ends
social reviews
social streams
public web
brand tracking surveys
focus groups
Internal channels
GoRecommend
© 2013 All Rights Reserved - Confidential
CEM Is About Location Improvement
1818
directed undirected
general
location-specific
survey scores survey open-ends
social reviews
social streams
public web
brand tracking surveys
focus groups
Brand Tracking
Location Improvement
Internal channels
GoRecommend
19© 2013 All Rights Reserved - Confidential
Learn What? And How Often?
When you follow the buzz you learn what customers are saying to each other and how often they say it.
When you follow the buzz you do not learn how important things are to outcomes or why they happen.
Follow The Buzz
Uncover trends in whatcustomers are saying
© 2013 All Rights Reserved - Confidential
Ensure consistent execution
Creating Effective Customer Feedback
Lead The Conversation
Understand how you are executing
Follow The Buzz
Uncover trends in whatcustomers are saying
Act
2020
Focus on what matters most to your customers
21© 2013 All Rights Reserved - Confidential
Surveys Direct to Brand
Social Media
A Universal Feedback Platform...
22© 2013 All Rights Reserved - Confidential
Surveys Direct to Brand
Social Media
...That Summarizes and Simplifies...
Text AnalyticsA B C
23© 2013 All Rights Reserved - Confidential
Surveys Direct to Brand
Social Media
... So You Can Act to Improve Experience
Text AnalyticsA B C
Customer Experience Applications
© 2013 All Rights Reserved - Confidential
What Action Can I Take?
As a brand I need to identify systemic issues and trends
As a location manager I need to build new habits for my staff
2424
© 2013 All Rights Reserved - Confidential
Lead the Conversation to Find Issues
25
© 2013 All Rights Reserved - Confidential
Follow the Buzz: What Are They Saying?
26
© 2013 All Rights Reserved - Confidential
React to the Big Picture, Not Symptoms
27
© 2013 All Rights Reserved - Confidential
Separate The Cause From The Symptoms
28
Loyalty Analysis
© 2013 All Rights Reserved - Confidential
Fix the Root Cause
29
Loyalty Analysis
Wait Time
© 2013 All Rights Reserved - Confidential
What Action Can I Take?
As a brand manager I need to identify systemic issues and trends
As a location manager I need to build new habits for my staff
3030
31© 2013 All Rights Reserved - Confidential
Lead the Conversation to Understand Importance
© 2013 All Rights Reserved - Confidential
Follow the Buzz at the Location Level
3232
© 2013 All Rights Reserved - Confidential
Key Emerging Trends Across Channels
3333
© 2013 All Rights Reserved - Confidential
Drill Down to Key Issues
3434
© 2013 All Rights Reserved - Confidential
Take Concrete Action to Resolve Issues
35
Only plate fries after all other items are plated.
35
36© 2013 All Rights Reserved - Confidential
Product Demos
Brand Text Analytics Empathica Local
© 2013 All Rights Reserved - Confidential
Creating Effective Customer Feedback
Lead The Conversation
Understand how you are executing
Follow The Buzz
Uncover trends in whatcustomers are saying
Act
3737
Focus on what matters most to your customers
38© 2013 All Rights Reserved - Confidential
Re-Imagining Customer Feedback to Drive Action
1. Lead the Conversation and Follow the Buzz
2. To Follow the Buzz you need to integrate all of your text content
3. Text Analytics deals with volume
4. You need location-level content to improve customer experience
5. Action at the location is the only way to change the experience
Thank You
39
Sales (North America)[email protected]
www.empathica.com/3rd-party-feedback
39
Sales (UK)+44 (0) [email protected]
On Our Website