SlideShare a Scribd company logo
1 of 28
Customer Experience
(CX) Simulation
Tuesday 13th Nov 11:00 am
GMT Approx. 40mins
© Course5 Intelligence
Our paths for todays discussions
2
Consumer experiences and the digital world
Customer Experience: the new battle ground
Major opportunity empowering enterprises
Can we use Customer Experience Simulators Effectively
Recommendations
Today’s presenters
3© Course5 Intelligence
Joseph.s@blueoceanmi.com Sushant.a@blueoceanmi.com zabiullas@blueoceanmi.com
Sushant Ajmani |
Presenter
Vice President –
Customer
Experience
Solutions
Joseph Sursock |
Anchor
Senior Vice
President – Europe
Zabi Ulla S |
Presenter
Senior Director –
Advance Analytics
4© Course5 Intelligence
About Course5 Intelligence
We help drive Digital Transformations
through
We build for organizations the capabilities and
intelligence to make the most effective moves
related to customers, markets, and
competition
Analytics Insights Artificial
Intelligence
Today’s Scrutiny and Digitisation
© Course5 Intelligence
Digital Transformations are everywhere !
6© Course5 Intelligence
New Tech
New Analytics
New Skills
New data New channels
3 Ways Digital Trans. Improve Cust Exp. & Service
7© Course5 Intelligence
Problems solved faster
A sweeping change is converting slow
& manual processes to digital.
Customer service and the customer
experience are big beneficiaries of this.
Internal process improvements
Streamlining processes, more collaboration &
efficiency across different teams. Resulting in
customers facing less delays & customer
service clears bureaucratic issues or
misdirected work.
Greater visibility
Enabling standardized, repeatable and auditable processes driven by workflow. When this occurs,
suddenly good data becomes available: Supporting further refinements to the customer experience
CX
The Battle Ground
for Corporates
© Course5 Intelligence
Stage 0 – Identify the creative(s)
TV Ad - Consumer Technology, PC Notebook / 30 seconds / Surface, Microsoft
9
Customer Experience
(CX) Maximizing satisfaction
across customer
journeys has the
potential to increase
customer satisfaction by
20% and to lift revenue
by up to 15% while
lowering the cost of
serving customers by as
much as 20%.
– McKinsey & Co.
Companies that
excel at
customer
experience grow
revenues 4-8%
above the
market.
– Bain & Co.
CX is the new battleground for business
10© Course5 Intelligence
Consumers share their
negative and positive
experiences about your
brand faster and more
widely than ever
before.
Consumer Power
With a growing
number of channels –
you need to engage
with your customers
via the channel of
their choice in real-
time.
Growing Number of
Channels
Highly regulated
industries face an
even larger challenge
– how to compete
with demanding
business mandates
while maintaining
regulatory
compliance?
Regulatory Compliance
How do you effectively
use the ever-
expanding amount of
data that is available to
you to deliver better,
more targeted
experiences for your
customers?
Proliferation of Data
© Course5 Intelligence 11
Major Opportunities
Empowering
Enterprises
Why choosing the right metrics matters
12
© Course5 Intelligence
Choosing the right customer experience (CX) metric matters to the extent that the metric must be meaningful
to the specific customer touchpoint you want to analyze
Net
Promoter
Score (NPS)
Customer
Effort
Score (CES)
Customer
Satisfaction
Score (CSAT)
CLV, ….
Customer
Churn
Rate (CCR)
• Organization
• Channel
• Segment
• Customer
• Support
• Channel
• Segment
• Customer
• Support
• Segment
• Customer
• Support
• Organization • ??
Is the Metric Valid in Your Industry?
The metric you choose needs to be relevant for your particular industry
CX Metric – Customer Effort
13© Course5 Intelligence
Breaking Down Customer Effort
Customer Effort can include a number of different types of effort …
Cognitive effort Time effort
Customer Effort Score takes a different perspective: customer is asked how much effort
they put into a certain interactions. According to various studies CES should be around
1.8x better at predicting customer loyalty than CSAT and 2x finer than NPS.
Physical effort Emotional effort
Client Case Study Mid-size European Telecom Operator with 6.5Mil+ Customers
58% B2C – consumers
42% B2B - combination of SMBs, Large Corporates, Central Govt., State & Local and Partners.
• Device & Plans
• Mobile Internet
• Cloud Services
• Monitoring &
Tracking
• Productivity
• Security
• Mobile POS
• Wholesale Services
Key Solutions 2019 Vision – Communicated to Blueocean in Aug 2016
Deliver superior
customer service
Digital (As a preferred
self-service channel)
Reduce operational
cost by 55%
Personalized
NBO/NBA
Improve NPS
across segments
14
DCX maturity assessment
15© Course5 Intelligence
Stage 5 Adaptive 95-100
Stage 4 Adoptive 76-94
Stage 3 Defined 41-75
Stage 2 Exploratory 21-40
Stage 1 Unaware <20
68%
Tools &
Technology
Data
Downstream
Analytics
Digital
Organization
Structure
Customer
Governance
Practices
CX
Leadership
Process &
Culture
Feedback
Loop
Operational measures benchmarking – Oct’16
16© Course5 Intelligence
IVR
Call Center Rep
$2.50 – $3.25=
$4.95 – $5.80=
Call Volume/Month ~1mn=
Segments CAC LTV Churn
Consumer $325 32 Mo. 18 Mo.
SMBs (<50 Employees) $1175 48 Mo. 24 Mo.
Large Corporates (>50 Employees) $2370 72 Mo. 22 Mo.
Central Govt. $3450 72 Mo. 28 Mo.
State & Local Govt. $2875 58Mo. 36 Mo.
Education $2250 60 Mo. 24 Mo.
Unique Visitors
% New Visits
Bounce Rate
Exit Rate
Avg. Session Duration
685,320
44%
49%
36%
~5:35 mins
DesktopWebsite
Call Center Cost
Satisfaction Scores Customer Lifecycle Measures
Web Stats (Digital Asset)
76 3 7
CSAT CES NPS
Business Impact so far
17© Course5 Intelligence
IVR
Call Center Rep
$2.50 – $3.25=
$4.95 – $5.80=
Call Volume/Month 1,050,115=
Call Center Cost
Satisfaction Scores (Pre)
76 3 7
CSAT CES NPS
Oct
2016
IVR
Call Center Rep
$1.95 – $2.65=
$3.25 – $4.20=
Call Volume/Month 685,344=
Call Center Cost (Post)
Satisfaction Scores (Post)
83 5 9
CSAT CES NPS
Mar
2018
Advanced Analytics & Simulation
© Course5 Intelligence
Advanced Analytics : relationships and variables
19© Course5 Intelligence
Multiple tools for various occasions.
For example, generating a causal map which
shows how various metrics are related to form
a latent meaning – and identify how each of
the latent constructs impacts outcome variables
We can possibly include behavioural data into
this mix to see whether a new latent factor is
formed, which could be potentially useful to
explain outcome metrics
Exploratory
Analysis
Confirmatory
Modeling
Drivers Model
Simulator
Hypothesis
Building
Structural
Modelling
Building Models for corporate clients
20© Course5 Intelligence
Identify what drives customer experience
FMCG
Telco
Technology
Utilities
Insurance
CX simulator for a Utility Organisation
21© Course5 Intelligence
Enable building of Scenarios which influences Cust. Exp. to save and share for better planning
CX Utilities Customers
Demo!
© Course5 Intelligence
Loyal customers are 5x as likely to repurchase, 5x as likely to forgive, 7x as
likely to try a new offering, and 4x as likely to refer
Source: Temkin Group research 2018
15 years ago, the average consumer typically used 2-touch-points
when buying an item. Today, consumers use an average of almost 6-
touch-points, with 50% regularly using more than 4
Source: Marketing Weekly research 2018
Why capitalizing on CX ! matters
23© Course5 Intelligence
24
Our recommendations
4 Accelerators for your CX Initiatives
• Relentless Senior Evangelising of CX
• Pursue Quality data (company habit)
• CX Metrics (research best fit for you)
• CX Simulation (will need apt data)
Thank you
© Course5 Intelligence
• Q&A
United States | United Kingdom | India | United Arab Emirates
www.Course5i.com
Sushant Ajmani | Presenter
Vice President – Customer
Experience Solutions
Sushant.ajmani@course5i.com
Joseph Sursock |
Anchor
Senior Vice President – Europe
Joseph.sursock@course5i.com
Zabi Ulla S |
Presenter
Senior Director – Advance Analytics
zabi.ulla@course5i.com
28© Course5 Intelligence
“ While CX Teams need ongoing support from their executives, senior leaders are
prone to distraction and doubt. CX leaders need to help communicating the
progress and success of CX efforts, and demonstrate that resources are being
well used and any risks are effectively managed “

More Related Content

What's hot

49 CX Terms You Need to Know for 2023
49 CX Terms You Need to Know for 202349 CX Terms You Need to Know for 2023
49 CX Terms You Need to Know for 2023RocketSource
 
Value Untangled Slideshare
Value Untangled SlideshareValue Untangled Slideshare
Value Untangled Slideshareaccenture
 
Strategic Storytelling | Business Presentation Techniques
Strategic Storytelling | Business Presentation TechniquesStrategic Storytelling | Business Presentation Techniques
Strategic Storytelling | Business Presentation TechniquesJeremey Donovan
 
Digital Transformation
Digital Transformation Digital Transformation
Digital Transformation Heru WIjayanto
 
“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...
“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...
“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...Digital Workplace Experience
 
What is Digital Transformation?
What is Digital Transformation?What is Digital Transformation?
What is Digital Transformation?David Broderick
 
Business Ecosystem Design
Business Ecosystem DesignBusiness Ecosystem Design
Business Ecosystem DesignJan Schmiedgen
 
Digital Business Models
Digital Business ModelsDigital Business Models
Digital Business ModelsTathagat Varma
 
Digital Transformation Strategy and Plan Template
Digital Transformation Strategy and Plan TemplateDigital Transformation Strategy and Plan Template
Digital Transformation Strategy and Plan TemplateAurelien Domont, MBA
 
An introduction to Digital Transformation
An introduction to Digital TransformationAn introduction to Digital Transformation
An introduction to Digital TransformationSergios Dimitriadis
 
Retail’s Responsible Reset | Accenture
Retail’s Responsible Reset | AccentureRetail’s Responsible Reset | Accenture
Retail’s Responsible Reset | Accentureaccenture
 
Digital Transformation
Digital TransformationDigital Transformation
Digital TransformationSupportGCI
 
Digital Transformation - Why? How? What?
Digital Transformation - Why? How? What?Digital Transformation - Why? How? What?
Digital Transformation - Why? How? What?Orkhan Gasimov
 
Maximizing AI Investments | Accenture
Maximizing AI Investments | AccentureMaximizing AI Investments | Accenture
Maximizing AI Investments | Accentureaccenture
 
FusionX & Accenture: One Global Security Team
FusionX & Accenture: One Global Security TeamFusionX & Accenture: One Global Security Team
FusionX & Accenture: One Global Security Teamaccenture
 
Understanding Digital transformation
Understanding Digital transformation Understanding Digital transformation
Understanding Digital transformation Patrizia Bertini
 
Change! Digital Transformation
Change! Digital Transformation Change! Digital Transformation
Change! Digital Transformation Vincent lee
 
Accenture Consulting_Strategy
Accenture Consulting_StrategyAccenture Consulting_Strategy
Accenture Consulting_StrategyAtul Singh
 

What's hot (20)

49 CX Terms You Need to Know for 2023
49 CX Terms You Need to Know for 202349 CX Terms You Need to Know for 2023
49 CX Terms You Need to Know for 2023
 
Value Untangled Slideshare
Value Untangled SlideshareValue Untangled Slideshare
Value Untangled Slideshare
 
Strategic Storytelling | Business Presentation Techniques
Strategic Storytelling | Business Presentation TechniquesStrategic Storytelling | Business Presentation Techniques
Strategic Storytelling | Business Presentation Techniques
 
Digital Transformation
Digital Transformation Digital Transformation
Digital Transformation
 
“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...
“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...
“Show Me the Future of Work” Employee Experience Redefined with AI (Daren Goe...
 
What is Digital Transformation?
What is Digital Transformation?What is Digital Transformation?
What is Digital Transformation?
 
Business Ecosystem Design
Business Ecosystem DesignBusiness Ecosystem Design
Business Ecosystem Design
 
Digital Business Models
Digital Business ModelsDigital Business Models
Digital Business Models
 
Digital Transformation Strategy and Plan Template
Digital Transformation Strategy and Plan TemplateDigital Transformation Strategy and Plan Template
Digital Transformation Strategy and Plan Template
 
An introduction to Digital Transformation
An introduction to Digital TransformationAn introduction to Digital Transformation
An introduction to Digital Transformation
 
Retail’s Responsible Reset | Accenture
Retail’s Responsible Reset | AccentureRetail’s Responsible Reset | Accenture
Retail’s Responsible Reset | Accenture
 
Customer Journey Analytics and Big Data
Customer Journey Analytics and Big DataCustomer Journey Analytics and Big Data
Customer Journey Analytics and Big Data
 
Digital Transformation
Digital TransformationDigital Transformation
Digital Transformation
 
Digital Transformation - Why? How? What?
Digital Transformation - Why? How? What?Digital Transformation - Why? How? What?
Digital Transformation - Why? How? What?
 
Salesforce - AI for CRM
Salesforce - AI for CRMSalesforce - AI for CRM
Salesforce - AI for CRM
 
Maximizing AI Investments | Accenture
Maximizing AI Investments | AccentureMaximizing AI Investments | Accenture
Maximizing AI Investments | Accenture
 
FusionX & Accenture: One Global Security Team
FusionX & Accenture: One Global Security TeamFusionX & Accenture: One Global Security Team
FusionX & Accenture: One Global Security Team
 
Understanding Digital transformation
Understanding Digital transformation Understanding Digital transformation
Understanding Digital transformation
 
Change! Digital Transformation
Change! Digital Transformation Change! Digital Transformation
Change! Digital Transformation
 
Accenture Consulting_Strategy
Accenture Consulting_StrategyAccenture Consulting_Strategy
Accenture Consulting_Strategy
 

Similar to Webinar: Customer Experience Analytics 2023

Customer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital TransformationCustomer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital TransformationCloudera, Inc.
 
Dataiku tatvic webinar presentation
Dataiku tatvic webinar presentationDataiku tatvic webinar presentation
Dataiku tatvic webinar presentationTatvic Analytics
 
How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...
How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...
How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...Pointillist
 
The Next Generation of Contact Centers
The Next Generation of Contact CentersThe Next Generation of Contact Centers
The Next Generation of Contact CentersAppian
 
Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...
Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...
Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...OnePlan Solutions
 
[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...
[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...
[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...JK Tech
 
How to Leverage Analytics, Design, and Development to Transform Customer Jour...
How to Leverage Analytics, Design, and Development to Transform Customer Jour...How to Leverage Analytics, Design, and Development to Transform Customer Jour...
How to Leverage Analytics, Design, and Development to Transform Customer Jour...Qualtrics
 
How to Achieve World Class Customer Experience through Insightful IT
How to Achieve World Class Customer Experience through Insightful IT How to Achieve World Class Customer Experience through Insightful IT
How to Achieve World Class Customer Experience through Insightful IT Bobhallahan
 
Sales, Marketing & Service Optimization: Strategies for Accelerating Growth
Sales, Marketing & Service Optimization: Strategies for Accelerating GrowthSales, Marketing & Service Optimization: Strategies for Accelerating Growth
Sales, Marketing & Service Optimization: Strategies for Accelerating GrowthCognizant
 
Free Call Center Training | Unleashing the Enormous Power of Call Center KPIs
Free Call Center Training | Unleashing the Enormous Power of Call Center KPIsFree Call Center Training | Unleashing the Enormous Power of Call Center KPIs
Free Call Center Training | Unleashing the Enormous Power of Call Center KPIsMetricNet
 
How to thrive in the era of digital
How to thrive in the era of digital How to thrive in the era of digital
How to thrive in the era of digital Jeffrey Corcoran
 
Product Management and CX Approaches: Friends or Foes?
Product Management and CX Approaches: Friends or Foes?Product Management and CX Approaches: Friends or Foes?
Product Management and CX Approaches: Friends or Foes?James Prentis
 
Are You Pushing Products, or Connecting Conversations?
Are You Pushing Products, or Connecting Conversations?Are You Pushing Products, or Connecting Conversations?
Are You Pushing Products, or Connecting Conversations?Pegasystems
 
Omnichannel Engagement
Omnichannel EngagementOmnichannel Engagement
Omnichannel EngagementBankingdotcom
 
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]Four51, Inc.
 
Rise of the new media finance organization
Rise of the new media finance organization Rise of the new media finance organization
Rise of the new media finance organization accenture
 
Insight2014 orchestrating customer_activated_supply_chain_6913
Insight2014 orchestrating customer_activated_supply_chain_6913Insight2014 orchestrating customer_activated_supply_chain_6913
Insight2014 orchestrating customer_activated_supply_chain_6913IBMgbsNA
 

Similar to Webinar: Customer Experience Analytics 2023 (20)

Digital Customer Service
Digital Customer ServiceDigital Customer Service
Digital Customer Service
 
Customer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital TransformationCustomer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital Transformation
 
Dataiku tatvic webinar presentation
Dataiku tatvic webinar presentationDataiku tatvic webinar presentation
Dataiku tatvic webinar presentation
 
How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...
How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...
How CX Leaders Succeed with Journey Analytics: 8 Real-Life Use Cases and Succ...
 
The Next Generation of Contact Centers
The Next Generation of Contact CentersThe Next Generation of Contact Centers
The Next Generation of Contact Centers
 
Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...
Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...
Maximizing Efficiency and Profitability with OnePlan’s Professional Service A...
 
[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...
[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...
[AI Webinar Series P1] - How Advanced Text Analytics Can Increase the Operati...
 
How to Leverage Analytics, Design, and Development to Transform Customer Jour...
How to Leverage Analytics, Design, and Development to Transform Customer Jour...How to Leverage Analytics, Design, and Development to Transform Customer Jour...
How to Leverage Analytics, Design, and Development to Transform Customer Jour...
 
Indian Telecon Customer Service Solution Re-engineered V2
Indian Telecon Customer Service Solution Re-engineered V2Indian Telecon Customer Service Solution Re-engineered V2
Indian Telecon Customer Service Solution Re-engineered V2
 
How to Achieve World Class Customer Experience through Insightful IT
How to Achieve World Class Customer Experience through Insightful IT How to Achieve World Class Customer Experience through Insightful IT
How to Achieve World Class Customer Experience through Insightful IT
 
Sales, Marketing & Service Optimization: Strategies for Accelerating Growth
Sales, Marketing & Service Optimization: Strategies for Accelerating GrowthSales, Marketing & Service Optimization: Strategies for Accelerating Growth
Sales, Marketing & Service Optimization: Strategies for Accelerating Growth
 
Free Call Center Training | Unleashing the Enormous Power of Call Center KPIs
Free Call Center Training | Unleashing the Enormous Power of Call Center KPIsFree Call Center Training | Unleashing the Enormous Power of Call Center KPIs
Free Call Center Training | Unleashing the Enormous Power of Call Center KPIs
 
How to thrive in the era of digital
How to thrive in the era of digital How to thrive in the era of digital
How to thrive in the era of digital
 
Product Management and CX Approaches: Friends or Foes?
Product Management and CX Approaches: Friends or Foes?Product Management and CX Approaches: Friends or Foes?
Product Management and CX Approaches: Friends or Foes?
 
Are You Pushing Products, or Connecting Conversations?
Are You Pushing Products, or Connecting Conversations?Are You Pushing Products, or Connecting Conversations?
Are You Pushing Products, or Connecting Conversations?
 
MindK Overview 2018
MindK Overview 2018MindK Overview 2018
MindK Overview 2018
 
Omnichannel Engagement
Omnichannel EngagementOmnichannel Engagement
Omnichannel Engagement
 
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
 
Rise of the new media finance organization
Rise of the new media finance organization Rise of the new media finance organization
Rise of the new media finance organization
 
Insight2014 orchestrating customer_activated_supply_chain_6913
Insight2014 orchestrating customer_activated_supply_chain_6913Insight2014 orchestrating customer_activated_supply_chain_6913
Insight2014 orchestrating customer_activated_supply_chain_6913
 

More from Course5i

Webinar: Optimizing Digital Spend Using Consumer Search Behavior
Webinar: Optimizing Digital Spend Using Consumer Search BehaviorWebinar: Optimizing Digital Spend Using Consumer Search Behavior
Webinar: Optimizing Digital Spend Using Consumer Search BehaviorCourse5i
 
Webinar: Accelerated Market Research
Webinar: Accelerated Market ResearchWebinar: Accelerated Market Research
Webinar: Accelerated Market ResearchCourse5i
 
Webinar: AI driven Research Operations
Webinar: AI driven Research OperationsWebinar: AI driven Research Operations
Webinar: AI driven Research OperationsCourse5i
 
TMRE 2018 Event Presentation Deck
TMRE 2018 Event Presentation DeckTMRE 2018 Event Presentation Deck
TMRE 2018 Event Presentation DeckCourse5i
 
CEO SUMMIT EUROPE
CEO SUMMIT EUROPECEO SUMMIT EUROPE
CEO SUMMIT EUROPECourse5i
 
The accelerating effects-of AI in the world of Market Research
The accelerating effects-of AI in the world of Market ResearchThe accelerating effects-of AI in the world of Market Research
The accelerating effects-of AI in the world of Market ResearchCourse5i
 
Course5 & Lenovo: Analytics driven Digital Trading Desk
Course5 & Lenovo: Analytics driven Digital Trading DeskCourse5 & Lenovo: Analytics driven Digital Trading Desk
Course5 & Lenovo: Analytics driven Digital Trading DeskCourse5i
 
Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox!
 Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox! Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox!
Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox!Course5i
 
Massive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer ExperienceMassive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer ExperienceCourse5i
 
Why Digital Customer Experience (DCX)?
Why Digital Customer Experience (DCX)?Why Digital Customer Experience (DCX)?
Why Digital Customer Experience (DCX)?Course5i
 
Telco Paper by Blueocean Market Intelligence
Telco Paper by Blueocean Market IntelligenceTelco Paper by Blueocean Market Intelligence
Telco Paper by Blueocean Market IntelligenceCourse5i
 
Gaining competitive advantage through customer feedback
Gaining competitive advantage through customer feedbackGaining competitive advantage through customer feedback
Gaining competitive advantage through customer feedbackCourse5i
 
How to leverage hiring data for competitive insights
How to leverage hiring data for competitive insightsHow to leverage hiring data for competitive insights
How to leverage hiring data for competitive insightsCourse5i
 
Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...
Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...
Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...Course5i
 
Generating insights in a hyperconnected and data riven world
Generating insights in a hyperconnected and data riven worldGenerating insights in a hyperconnected and data riven world
Generating insights in a hyperconnected and data riven worldCourse5i
 
Customer experience measurement in the utilities industry – closing the loop
Customer experience measurement in the utilities industry – closing the loopCustomer experience measurement in the utilities industry – closing the loop
Customer experience measurement in the utilities industry – closing the loopCourse5i
 
How to Create More Effective Storytelling by Leveraging Data
How to Create More Effective Storytelling by Leveraging DataHow to Create More Effective Storytelling by Leveraging Data
How to Create More Effective Storytelling by Leveraging DataCourse5i
 
Persona™
Persona™Persona™
Persona™Course5i
 
Persona™
Persona™Persona™
Persona™Course5i
 
Industrialisation of analytics in India: Big Opportunity, Big Outcome
Industrialisation of analytics in India: Big Opportunity, Big OutcomeIndustrialisation of analytics in India: Big Opportunity, Big Outcome
Industrialisation of analytics in India: Big Opportunity, Big OutcomeCourse5i
 

More from Course5i (20)

Webinar: Optimizing Digital Spend Using Consumer Search Behavior
Webinar: Optimizing Digital Spend Using Consumer Search BehaviorWebinar: Optimizing Digital Spend Using Consumer Search Behavior
Webinar: Optimizing Digital Spend Using Consumer Search Behavior
 
Webinar: Accelerated Market Research
Webinar: Accelerated Market ResearchWebinar: Accelerated Market Research
Webinar: Accelerated Market Research
 
Webinar: AI driven Research Operations
Webinar: AI driven Research OperationsWebinar: AI driven Research Operations
Webinar: AI driven Research Operations
 
TMRE 2018 Event Presentation Deck
TMRE 2018 Event Presentation DeckTMRE 2018 Event Presentation Deck
TMRE 2018 Event Presentation Deck
 
CEO SUMMIT EUROPE
CEO SUMMIT EUROPECEO SUMMIT EUROPE
CEO SUMMIT EUROPE
 
The accelerating effects-of AI in the world of Market Research
The accelerating effects-of AI in the world of Market ResearchThe accelerating effects-of AI in the world of Market Research
The accelerating effects-of AI in the world of Market Research
 
Course5 & Lenovo: Analytics driven Digital Trading Desk
Course5 & Lenovo: Analytics driven Digital Trading DeskCourse5 & Lenovo: Analytics driven Digital Trading Desk
Course5 & Lenovo: Analytics driven Digital Trading Desk
 
Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox!
 Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox! Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox!
Webinar: ‘Research’ on Research – Your Very Own Insights Jukebox!
 
Massive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer ExperienceMassive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer Experience
 
Why Digital Customer Experience (DCX)?
Why Digital Customer Experience (DCX)?Why Digital Customer Experience (DCX)?
Why Digital Customer Experience (DCX)?
 
Telco Paper by Blueocean Market Intelligence
Telco Paper by Blueocean Market IntelligenceTelco Paper by Blueocean Market Intelligence
Telco Paper by Blueocean Market Intelligence
 
Gaining competitive advantage through customer feedback
Gaining competitive advantage through customer feedbackGaining competitive advantage through customer feedback
Gaining competitive advantage through customer feedback
 
How to leverage hiring data for competitive insights
How to leverage hiring data for competitive insightsHow to leverage hiring data for competitive insights
How to leverage hiring data for competitive insights
 
Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...
Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...
Using Unstructured Text Data to Stay Ahead of Market Trends and Quantify Cust...
 
Generating insights in a hyperconnected and data riven world
Generating insights in a hyperconnected and data riven worldGenerating insights in a hyperconnected and data riven world
Generating insights in a hyperconnected and data riven world
 
Customer experience measurement in the utilities industry – closing the loop
Customer experience measurement in the utilities industry – closing the loopCustomer experience measurement in the utilities industry – closing the loop
Customer experience measurement in the utilities industry – closing the loop
 
How to Create More Effective Storytelling by Leveraging Data
How to Create More Effective Storytelling by Leveraging DataHow to Create More Effective Storytelling by Leveraging Data
How to Create More Effective Storytelling by Leveraging Data
 
Persona™
Persona™Persona™
Persona™
 
Persona™
Persona™Persona™
Persona™
 
Industrialisation of analytics in India: Big Opportunity, Big Outcome
Industrialisation of analytics in India: Big Opportunity, Big OutcomeIndustrialisation of analytics in India: Big Opportunity, Big Outcome
Industrialisation of analytics in India: Big Opportunity, Big Outcome
 

Recently uploaded

Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxCynthia Clay
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Adnet Communications
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAITim Wilson
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...meghakumariji156
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Omaninstagramfab782445
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1kcpayne
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareWorkforce Group
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified Binance Account
 
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030tarushabhavsar
 

Recently uploaded (20)

Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' Slideshare
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From Seosmmearth
 
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
 

Webinar: Customer Experience Analytics 2023

  • 1. Customer Experience (CX) Simulation Tuesday 13th Nov 11:00 am GMT Approx. 40mins © Course5 Intelligence
  • 2. Our paths for todays discussions 2 Consumer experiences and the digital world Customer Experience: the new battle ground Major opportunity empowering enterprises Can we use Customer Experience Simulators Effectively Recommendations
  • 3. Today’s presenters 3© Course5 Intelligence Joseph.s@blueoceanmi.com Sushant.a@blueoceanmi.com zabiullas@blueoceanmi.com Sushant Ajmani | Presenter Vice President – Customer Experience Solutions Joseph Sursock | Anchor Senior Vice President – Europe Zabi Ulla S | Presenter Senior Director – Advance Analytics
  • 4. 4© Course5 Intelligence About Course5 Intelligence We help drive Digital Transformations through We build for organizations the capabilities and intelligence to make the most effective moves related to customers, markets, and competition Analytics Insights Artificial Intelligence
  • 5. Today’s Scrutiny and Digitisation © Course5 Intelligence
  • 6. Digital Transformations are everywhere ! 6© Course5 Intelligence New Tech New Analytics New Skills New data New channels
  • 7. 3 Ways Digital Trans. Improve Cust Exp. & Service 7© Course5 Intelligence Problems solved faster A sweeping change is converting slow & manual processes to digital. Customer service and the customer experience are big beneficiaries of this. Internal process improvements Streamlining processes, more collaboration & efficiency across different teams. Resulting in customers facing less delays & customer service clears bureaucratic issues or misdirected work. Greater visibility Enabling standardized, repeatable and auditable processes driven by workflow. When this occurs, suddenly good data becomes available: Supporting further refinements to the customer experience
  • 8. CX The Battle Ground for Corporates © Course5 Intelligence
  • 9. Stage 0 – Identify the creative(s) TV Ad - Consumer Technology, PC Notebook / 30 seconds / Surface, Microsoft 9 Customer Experience (CX) Maximizing satisfaction across customer journeys has the potential to increase customer satisfaction by 20% and to lift revenue by up to 15% while lowering the cost of serving customers by as much as 20%. – McKinsey & Co. Companies that excel at customer experience grow revenues 4-8% above the market. – Bain & Co.
  • 10. CX is the new battleground for business 10© Course5 Intelligence Consumers share their negative and positive experiences about your brand faster and more widely than ever before. Consumer Power With a growing number of channels – you need to engage with your customers via the channel of their choice in real- time. Growing Number of Channels Highly regulated industries face an even larger challenge – how to compete with demanding business mandates while maintaining regulatory compliance? Regulatory Compliance How do you effectively use the ever- expanding amount of data that is available to you to deliver better, more targeted experiences for your customers? Proliferation of Data
  • 11. © Course5 Intelligence 11 Major Opportunities Empowering Enterprises
  • 12. Why choosing the right metrics matters 12 © Course5 Intelligence Choosing the right customer experience (CX) metric matters to the extent that the metric must be meaningful to the specific customer touchpoint you want to analyze Net Promoter Score (NPS) Customer Effort Score (CES) Customer Satisfaction Score (CSAT) CLV, …. Customer Churn Rate (CCR) • Organization • Channel • Segment • Customer • Support • Channel • Segment • Customer • Support • Segment • Customer • Support • Organization • ?? Is the Metric Valid in Your Industry? The metric you choose needs to be relevant for your particular industry
  • 13. CX Metric – Customer Effort 13© Course5 Intelligence Breaking Down Customer Effort Customer Effort can include a number of different types of effort … Cognitive effort Time effort Customer Effort Score takes a different perspective: customer is asked how much effort they put into a certain interactions. According to various studies CES should be around 1.8x better at predicting customer loyalty than CSAT and 2x finer than NPS. Physical effort Emotional effort
  • 14. Client Case Study Mid-size European Telecom Operator with 6.5Mil+ Customers 58% B2C – consumers 42% B2B - combination of SMBs, Large Corporates, Central Govt., State & Local and Partners. • Device & Plans • Mobile Internet • Cloud Services • Monitoring & Tracking • Productivity • Security • Mobile POS • Wholesale Services Key Solutions 2019 Vision – Communicated to Blueocean in Aug 2016 Deliver superior customer service Digital (As a preferred self-service channel) Reduce operational cost by 55% Personalized NBO/NBA Improve NPS across segments 14
  • 15. DCX maturity assessment 15© Course5 Intelligence Stage 5 Adaptive 95-100 Stage 4 Adoptive 76-94 Stage 3 Defined 41-75 Stage 2 Exploratory 21-40 Stage 1 Unaware <20 68% Tools & Technology Data Downstream Analytics Digital Organization Structure Customer Governance Practices CX Leadership Process & Culture Feedback Loop
  • 16. Operational measures benchmarking – Oct’16 16© Course5 Intelligence IVR Call Center Rep $2.50 – $3.25= $4.95 – $5.80= Call Volume/Month ~1mn= Segments CAC LTV Churn Consumer $325 32 Mo. 18 Mo. SMBs (<50 Employees) $1175 48 Mo. 24 Mo. Large Corporates (>50 Employees) $2370 72 Mo. 22 Mo. Central Govt. $3450 72 Mo. 28 Mo. State & Local Govt. $2875 58Mo. 36 Mo. Education $2250 60 Mo. 24 Mo. Unique Visitors % New Visits Bounce Rate Exit Rate Avg. Session Duration 685,320 44% 49% 36% ~5:35 mins DesktopWebsite Call Center Cost Satisfaction Scores Customer Lifecycle Measures Web Stats (Digital Asset) 76 3 7 CSAT CES NPS
  • 17. Business Impact so far 17© Course5 Intelligence IVR Call Center Rep $2.50 – $3.25= $4.95 – $5.80= Call Volume/Month 1,050,115= Call Center Cost Satisfaction Scores (Pre) 76 3 7 CSAT CES NPS Oct 2016 IVR Call Center Rep $1.95 – $2.65= $3.25 – $4.20= Call Volume/Month 685,344= Call Center Cost (Post) Satisfaction Scores (Post) 83 5 9 CSAT CES NPS Mar 2018
  • 18. Advanced Analytics & Simulation © Course5 Intelligence
  • 19. Advanced Analytics : relationships and variables 19© Course5 Intelligence Multiple tools for various occasions. For example, generating a causal map which shows how various metrics are related to form a latent meaning – and identify how each of the latent constructs impacts outcome variables We can possibly include behavioural data into this mix to see whether a new latent factor is formed, which could be potentially useful to explain outcome metrics Exploratory Analysis Confirmatory Modeling Drivers Model Simulator Hypothesis Building Structural Modelling
  • 20. Building Models for corporate clients 20© Course5 Intelligence Identify what drives customer experience FMCG Telco Technology Utilities Insurance
  • 21. CX simulator for a Utility Organisation 21© Course5 Intelligence Enable building of Scenarios which influences Cust. Exp. to save and share for better planning CX Utilities Customers
  • 23. Loyal customers are 5x as likely to repurchase, 5x as likely to forgive, 7x as likely to try a new offering, and 4x as likely to refer Source: Temkin Group research 2018 15 years ago, the average consumer typically used 2-touch-points when buying an item. Today, consumers use an average of almost 6- touch-points, with 50% regularly using more than 4 Source: Marketing Weekly research 2018 Why capitalizing on CX ! matters 23© Course5 Intelligence
  • 25. 4 Accelerators for your CX Initiatives • Relentless Senior Evangelising of CX • Pursue Quality data (company habit) • CX Metrics (research best fit for you) • CX Simulation (will need apt data)
  • 27. © Course5 Intelligence • Q&A United States | United Kingdom | India | United Arab Emirates www.Course5i.com Sushant Ajmani | Presenter Vice President – Customer Experience Solutions Sushant.ajmani@course5i.com Joseph Sursock | Anchor Senior Vice President – Europe Joseph.sursock@course5i.com Zabi Ulla S | Presenter Senior Director – Advance Analytics zabi.ulla@course5i.com
  • 28. 28© Course5 Intelligence “ While CX Teams need ongoing support from their executives, senior leaders are prone to distraction and doubt. CX leaders need to help communicating the progress and success of CX efforts, and demonstrate that resources are being well used and any risks are effectively managed “