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Jan 20, 2022
You may have an idea of where you are in delivering on customers’ expectations, and you may have an idea of where you’d like to end up, but how are you going to get there? And how do you keep from getting distracted by the issues that pop up along the way? This is why your customer experience management program needs a strategy.
Your customer experience management strategy is the plan to get your customer experience on the right track from where it currently is to the ultimate goal of improved success and customer satisfaction. It is a framework that considers and improves everything you do between the initial desire to meet customer needs during the customer interaction and back again in a feedback loop.
Having this plan thought out puts you in control of your destiny, instead of letting your journey toward improved outcomes and great customer service be drawn off-course by the stuff that happens along the way.
There are many things to consider in building and implementing a customer experience management strategy, so here are some questions—and their answers—that you’ll want to keep in mind:
The fact is a customer experience strategy is only as good as its objectives, and the process of establishing objectives is all about setting targets and applying insights to get you incrementally closer to success. However, your objective has to be more focused than “to do better,” and it needs to affect the entire organization. Our research has shown brands can achieve dual benefits of both improving outcomes and proving ROI by ideating a customer experience management strategy seeking to do both. The first step is setting smart, strategy-guiding objectives.
Now that you have your starting point, simply collecting data isn’t enough—companies can’t win loyalty by simply measuring the customer experience metrics. In making an impact, successful companies understand the relationship between customer experience (CX) data and meaningful action that works to uncover true insight—because a better understanding of a customer’s interactions is what leads to meeting business outcomes.
Your customer experience management strategy needs to produce meaningful insights that help create a great customer experience, not just data points. To that end, your data analysis should be:
For a deeper dive into how and why you need to look for each of these important factors in differentiating between data and insights, check out our best practice guide, Anatomy of a true CX insight.
To help you evaluate your current experience management (XM) strategy and ensure it delivers insights (and not just data collection), let’s take a look at 4 key functions of an insights-driven XM platform that can deliver on a comprehensive customer experience management strategy to increase customer satisfaction.
1. Collects customer feedback data across touchpoints
To get a holistic view of the customer experience, you need an enterprise measurement solution that collects feedback across the entire customer journey. By analyzing both solicited and unsolicited data across every customer touchpoint, you can truly understand the full scope of customer interactions with your brand and create an action plan focused on making targeted improvements. This customer journey map gives sound insight to the diverse array of customer touchpoints that exist in modern customer experience management.
2. Provides an intuitive technology platform
Great customer data doesn’t matter if it doesn’t make sense. Without a clear way to spot trends, compare scores, and read comments, it can feel impossible to take action. With a customer experience management platform that streamlines real-time data and provides easy-to-read visualizations, you’ll have access to tools like role-based reporting, customizable dashboards, industry benchmarks, and advanced text analytics. By getting the data you need, how you need it, and at the right time, you can really understand what consumers are trying to tell you—making it easier to drive meaningful change to your organization.
3. Offers professional support
A robust and intuitive reporting platform is a vital component of your XM program, but technology alone will only get you so far. To turn mountains of experience data into actionable insights, you’ll want a dedicated services team that provides analysis support, insight delivery, and ongoing strategic partnership. A collaborative tech + professional services approach is most successful in producing measurable results that boost loyalty and drive business performance.
4. Demonstrates ROI
It’s tough to justify the value of an XM program when it doesn’t improve business outcomes. You need a provider that surfaces actionable insights and produces tangible results. In a recent report, Forrester found respondents at firms with advanced insights-driven capabilities experienced both top- and bottom-line benefits and were 2.8x more likely to report double-digit growth year-over-year. Insights help you map CX improvements to cross-functional gains demonstrating tangible, company-wide ROI—so you can prove the program is worth the effort.
Making a lasting impact with a customer experience management strategy requires a program that includes data collection methods designed by researchers, reporting tools that are intuitive and action-oriented, and client teams with industry expertise. Settling for less means settling for data points—not insights.
To learn more about how to turn a customer experience management strategy into business results, check out our guide, The ultimate guide to experience management ROI.