Marel Q1 2024 Investor Presentation from May 8, 2024
Boring is Good: Using Analytics to Enhance the Customer Experience
1. BORING IS GOOD:
USING ANALYTICS TO MAKE THE CUSTOMER EXPERIENCE EFFORTLESS
December 2011
Spoken Communications www.spoken.com @spokencomm
2. CUSTOMERS DON’T WANT THE “EXTRA MILE”
Stop trying to delight your customers
“First, delighting customers doesn’t
build loyalty; reducing their effort—
the work they must do to get their
problem solved—does.
Second, acting deliberately on this
insight can help improve customer
service, reduce customer service
costs, and decrease customer
churn.”
--Harvard Business Review, July 2010
Spoken Communications www.spoken.com @spokencomm
3. CUSTOMERS DON’T WANT THE “EXTRA MILE”
Metrics can inhibit the experience
QA measures
consistency for statistical
outliers
Greeting
Data collection
RFC (customer needs)
Resolution
Spoken Communications www.spoken.com @spokencomm
4. CUSTOMERS DON’T WANT THE “EXTRA MILE”
What the customer wants
What the customer
wants
Did you hear what I said?
Did you solve the problem?
Was it easy?
Not ”friendly.” Just human.
Spoken Communications www.spoken.com @spokencomm
5. BORING IS GOOD
Creating a boring process
“The extra mile” and “the wow factor” are beyond the
organization’s control on a daily basis. What is within the
organization’s control is the ability to analyze and apply metrics
to provide an effortless, consistent experience for the caller.
Focus on:
What operations can control
Unified metrics
Actionable metrics
What the customer wants
Spoken Communications www.spoken.com @spokencomm
6. BIG DATA
Big data
Internal sources External sources
Call—voice analytics Social Media
Record end to end, including IVR and Measure
transfers mentions, sentiment, frequency
Dual channel – agent on one channel and key interaction times
and caller on another External web analytics
Real-time analytics
Web demographics
IVR—caller interaction analytics Click history
Opt out rates by interaction point Credit reports
Completion rates
Speech analytics for skills routing
Screen capture—click habit
analytics
Capture clicks in conjunction with voice
to view workflow
View most visited screens by most
efficient agents
Analyze screen time of after call work
ACD Data
ANI, concurrent calls, queue time
Web
Unique visitors, click history
CSAT
IVR post-call surveys, email
7. THE METRICS WE HAVE
What is the best measure of customer satisfaction?
AHT
↪ How long did the interaction take?
CSAT
↪ How did this agent perform?
NPS
↪ Would you recommend?
What is missing?
↪ Was it easy?
Spoken Communications www.spoken.com @spokencomm
8. CUSTOMER EXPERIENCE
The customer experience: what can operations measure
Marketing, branding, social
influence
Product itself
Automation: IVR, Self-
Service, Web
Agent
interaction
[what we
measure]
Spoken Communications www.spoken.com @spokencomm
9. CUSTOMER EXPERIENCE
Measure all of the agent interaction
Marketing, branding, social
End to end call
influence
metrics:
Agent + IVR + ACD
information
Product itself
Agent
IVR interaction Transfers
Automation: IVR, Self-
Service, Web
Screen After Call
capture Agent Work
interaction
[what we
measure]
Spoken Communications www.spoken.com @spokencomm
10. CUSTOMER EXPERIENCE
Enhance the “did you hear what I said?”
Let robots do what they do well
Let humans do what they do well
Use conversational speech recognition IVR for data
collection; let human do the listening and problem-
solving
IVR identifies caller and RFC (75-90% accuracy)
Screen pop
Agent begins
with, “Hello, Mrs.
Roberts. I see you are
having some
problems with your
cell phone today. Can
you tell me what’s
Spoken Communicationson?”
going www.spoken.com @spokencomm
11. CUSTOMER EXPERIENCE
Conversational IVR Case Study
Client goals
Decrease hold times for value-added
sales calls
Prioritize sales calls
Decrease Average Handle Time
Results
75% complete rate*
90% success rate**
4% opt-out rate
Spiegel Brands, a privately held company 8% of all calls were completely entirely
founded in 1865, is a direct marketing
company featuring private-label women’s through self-service with no agent
clothing, footwear and accessories activity
designed to create easy style. Spiegel sent Increase in average sales revenue per
its first catalogue in 1905, and Spiegel and
Newport News currently provide at-home
agent
shopping to over 10 million customers Overall budget savings of 16%
worldwide.
*Complete rate =
call followed expected call path
to completion
**Success rate = caller identified and confirmed against client
database and screen pop provided to agent
Spoken Communications www.spoken.com @spokencomm
12. CUSTOMERS DON’T WANT THE “EXTRA MILE”
Discussion: How do we measure effortless?
What the customer
wants
Did you hear what I said?
Did you solve the problem?
Was it easy?
Not ”friendly.” Just human.
Spoken Communications www.spoken.com @spokencomm
13. VIRTUAL CALL CENTER PLATFORM
Spoken Communications
Take customer care to the
cloud with virtual call
center solutions
Hosted Avaya ACD
Easy access SQL CMS
100% end to end call recording
Screen capture
Conversational IVR (hybrid
human + speech recognition)
Citrix virtual desktop
Dashboard analytics
Enable remote agents
Modular platform easily
integrates with legacy
infrastructure
Spoken Communications www.spoken.com @spokencomm
14. BORING IS GOOD:
USING ANALYTICS TO MAKE THE CUSTOMER EXPERIENCE EFFORTLESS
heidim@spoken.com
Spoken Communications www.spoken.com @spokencomm