keeping customers reducing churn through support and upgrade optimization

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Elastic Path™ Elastic Path™ Keeping Customers: Reducing Churn Through Support and Upgrade Optimization Featuring: Linda Bustos, director of ecommerce research and author of the Get Elastic blog at Elastic Path Software Elastic Path Software Inc. June 15, 2012

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In the competitive telecommunications market place, business leaders are tasked with reducing customer churn, increasing conversion and boosting customer lifetime revenue. However, retaining and engaging mobile and broadband customers involves more than just optimizing the upgrade and renewal process. Telecoms must support the customer relationship over the lifetime of the contract through top-notch self-service tools.

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Page 1: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Keeping Customers: Reducing Churn Through

Support and Upgrade Optimization

Featuring: Linda Bustos, director of ecommerce research and

author of the Get Elastic blog at Elastic Path Software

Elastic Path Software Inc.

June 15, 2012

Page 2: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Introducing Elastic Path Software

Digital Commerce for Innovators

• We help the world’s biggest brands sell digital goods and services

• We provide a flexible digital commerce platform and expertise in commerce

strategy and implementation

• #1 ecommerce blog www.getelastic.com

• For more on-demand digital commerce resources

www.elasticpath.com/resources

Page 3: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Preview

• Optimizing your web channel for existing

customers

• Self service

• Mobile tools

Page 4: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Optimizing for existing customers

Page 5: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Targeted selling

• Home pages typically tailored for new

customers

• Rarely recognize returning customers (vs.

visitors)

Page 6: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Serve content to identified customer visits

Page 7: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Clear upgrade call-to-action

Support links

Page 8: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Password tips

• Username should be phone number (wireless only)

– Otherwise email address

• Strong passwords

– state the rules, show an example

• Password hints

– Questions with only ONE possible answer (mother’s maiden name, birth city vs. favorite color, favorite teacher)

Page 9: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Social sign-on

Page 10: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Social sign-on

• Eliminate need for username / password

• Auto-authentication (when logged in to FB)

• Auto-fill community profile (forums)

• Connects the rest of your site socially

(downloads, device reviews, social gifting, etc.)

• Access to rich profile information (interests,

friends’ interests -> CRM)

Page 11: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Social sign-on - questions

• Is it secure?

• Does Facebook own consumer data?

• What if Facebook goes down?

• Will it work on mobile?

• Can it be reversed?

Page 12: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Member content – promote your app

Page 13: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Member content – upgrade and renewal promos

Page 14: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Device and plan selection Self service

Page 15: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Self Service

• 2 out of 3 customers prefer self service to

speaking to a live representative (Nuance

Research)

• 75% find it more convenient vs. 6% who find a

live rep more convenient

• Wait times, IVR menus, etc.

Page 16: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Navigating Support

Avoid long menu items

Nobody cares about common support topics

Users scan for trigger words

Page 17: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Navigating Support

Short, easy to scan flyout menu

Page 18: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Navigating Support Use your analytics

Page 19: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Support search

Promote social channel

Support search

Page 20: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Support search

• Natural language

• Synonyms (cultural)

• Misspellings

• Different ways to describe problems

– Renew minutes, top up minutes, add more minutes, reload, etc.

• Use your search logs and forum questions – yours and

competitors’

Page 21: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Search results - scoping

Page 22: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Page 23: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Page 24: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Scoping search

Page 25: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Try video results

Results should be readable at a glance

Page 26: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Scoping search

Page 27: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Avoid landing pages that look like promo pages

Page 28: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Images and video are more helpful

than text instructions

Page 29: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

SEO

Get staff answering questions

Page 30: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Get feedback

Was this answer helpful?

Page 31: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Mobile tools

Page 32: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Mobile Tools

• SMS marketing program, renewal / upgrade

notice

• Account management apps

• Extras

Page 33: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Current cycle

View and pay bills

Page 34: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

3rd party apps built with API

Page 35: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Make calls to action clear

Make tappable areas large enough

Page 36: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Promotions on home page

Page 37: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Bold calls to action

throughout

Page 38: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Conspicuous upgrade info

Page 39: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Most apps don’t

currently support in-

app upgrade

Page 40: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Value adds like wifi finder

Expand / collapse menu

Page 41: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Advanced

• Smart-controls for family packs (limit kids’ text

data and voice)

• Tablet shared account control

• View past bills

• View itemized bills

• Support for business customers

• Security over wifi

Page 42: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Gift a payment

Page 43: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Sprint TV

Page 44: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Page 45: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Page 46: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Wrap-up

• Keeping customers means supporting the

relationship through the contract period (or

month-to-month)

• Customers prefer self-serve, but usability

challenges make many web self-serve tools

painful

• Mobile apps are replacing web self-serve, make

sure they replicate as much web functionality as

possible

Page 47: Keeping customers reducing churn through support and upgrade optimization

Elastic Path™ Elastic Path™

Questions

[email protected]

1.800.942.5282 (toll-free in North America)

www.elasticpath.com

For more on-demand digital commerce resources

www.elasticpath.com/resources