ratio partners - attract and retain customers in an omnichannel world
TRANSCRIPT
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Attract and retain
customers in an omnichannel world
Mario Kyriacou, Managing Partner
Ratio
17th August 2016
ratiopartners.co.uk
Something about RATIO
The
difference
We believe
Insight, testing and optimisationis key to success
Digital strategy Digital campaigns
Web development Sitecore best practice
Continuous testing
and personalisation
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Why omnichannel?
Living in a complex world, omnichannel enables brands to
engage seamlessly with customers throughout a disjointed journey
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The challenge of attracting and
retaining customers Customers don’t just make decisions in-
store or with a sales person. Have you mapped the touchpoints?
Customers are continuously interacting with multiple channels across devices. Do you have a plan?
Customers only think about experiences when they are either great or really bad. Where do you sit?
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The channel dilemma
Omnichannelexperiences
Website
Social
Search
Mobile/AppIn-store
Sales
Call center
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Prioritise: strike a balance
Long term priority: Deliver a great experience to all customers by aligning technology, strategy and planning to deliver a seamless experience across - channel, device and location.
Short term priority: Drive sales, leads, enquiries, donations
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Six steps:attract and retain customers
in an omnichannel world 1: Analysis &
research
2: Map the
benefits
4: Technology
3: Risk &
dependencies
5: Apply
personalised
experiences
5: Optimise
touchpoints
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GOOD
BAD
UGLYTH
E
THE
AN
D T
HE
Understanding the risks and opportunities with your own brand experience
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Step 1: analysis and researchBefore you can begin to build a fuller omnichannelexperience you need to analyse your current experience:
Take a customer first perspective: explore how your customers interact with your company
Identify the ‘moments of impact’ customers have with your company e.g. interact with call centre
Look at your analytics: identify where engagement is low e.g. high bounce rate on mobile vs desktop
Explore how your customers would prefer to engage with you
Customer
interviews
Competitor
comparison
Data and
analytics
analysis
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Step 2: Map the benefits Build out a ‘capability map’ illustrating the impact new digital
capabilities will have on the business and the customer
Industry Digital capability Benefit to business Benefit to the customer
Not-for-profit
Donate by text message Capture revenue which may have been missed
Convenience: ability to easily donate without filling in a large form
Banking Arrange appointment with businessadvisor via app
Build stronger relationships with high value customers
Efficiency and convenience: avoid the hassle of phone and email
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Step 3: Risk and dependencies
CEO
Finance Marketing Sales IT
DIGITAL
Identify the risks to delivering true omnichannel experiences.
1. People
2. Skills
3. Technology
4. Processes
5. KPIs and measurement
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How do we design an experience which leverages and integrates all channels?
How do we measure and reward the work of all departments in driving sales and revenue?
Ask yourself
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Step 4: Technology
Map your current and proposed technology stack against the omnichannel capabilities you wish to implement.
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Step 5: Apply personalised experiences
Forrester, 2015
Data-driven Insight
Relevant communication
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Step 6 : Optimise touchpoints
Device LocationContent
consumption
Goals Triggered
# Visits Demographic
Purchases Spend Search
Website Mobile site Phone
Email Print In-store
Face-to-Face
App
Test and optimise
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Takeaways from session
1. Have a customer-first approach to building out omnichannel
2. Map out the ‘moments of impact’ customers have with your brand
3. Identify your short term and long term goals
4. Map your digital improvements against both your business and customer objectives
5. Don’t buy technology and then figure out a way to use it later
6. Testing and optimisation is key to improving the experience
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Q & A
Get in touch with Mario Kyriacou:
www.linkedin.com/in/mariokyriacou
@mario_kyriacou
www.ratiopartners.co.uk
Next webinar:
Planning an optimised content strategy
Wednesday, 24th August
2pm GMT
http://digitalsummit.ratiopartners.co.uk/