A recent research project involving 7,000 consumers carried out by the Harvard Business Review concluded that to retain customers and get them to buy more products, organizations must make it simple for people to engage with them, provide information they trust and allow them to weigh their options before they buy. The research found that consumers are bombarded with information and choices, and as a result they tend to go down the easiest route, which often leads them to take a blinkered view: I haven’t got the time and energy to consider options so I’ll take this one.
If you extrapolate this thinking into the domain of customer service, or more widely into the way organizations manage customer interactions, you might conclude that companies would be smart to support one channel of communication, do it right, and tell customers “this is the way it is,” in much the way online retailers and some banks support only Web-based interactions.
However, that approach flies in the face of my recent benchmark research into customer relationship maturity, which found that on average, in response to growing customer demand, organizations support four or five channels of communications, and many support eight or more, including telephone, email, fax, postal mail, text messaging, the Web, instant messaging, online collaboration, video and social media. This complicates the task of simplifying interaction and forces organizations to make some tough decisions.
As our CRM maturity research shows, and as was confirmed at a recent customer engagement day, two fundamental issues prevent many organizations from taking a consistent approach to handling multimedia customer interactions. First, to support multiple communications channels, the majority of organizations have implemented stand-alone, proprietary systems. Integrating these to provide a seamless, common user experience is complicated, time-consuming and costly. Second, few companies have a single source of customer data and information to enable decisions and actions at every touch point, preventing customers from having consistent experiences.
The solution to both of these issues is to upgrade the organization’s IT architecture or to look for smarter, less invasive options. Three approaches come to mind:
The idea of making it simple for customers to engage with a business is reflected in one of the latest metrics being used by organizations – customer effort scores. This metric seeks to determine how easy customers find it to interact with an organization. If they can be used to drive improvement, customer effort scores may help businesses provide easier ways to engage, which should lead to more satisfied customers and better business results.
Do you make it easy for your customers to engage with you? If so, tell us more and collaborate with me on next steps.
Regards
Richard Snow – VP & Research Director