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How to Keep Your Customer Journey
from Passing Its Sell-By Date
PERSPECTIVES VOLUME 8
Tonya McKinney
Principal, Head of CX Innovation and Products, Enterprise Solutions
Dave Anderson
Global Managing Partner, CX Strategy & Transformation Services
Copyright © 2017 Tata Consultancy Services LimitedJanuary 2017
Customer
preferences and
purchase criteria
change quickly
Shelf Lives are Getting Shorter
Companies take
years to define
customer journeys
and don’t design
for rapid change
Companies can build
dynamic and
responsive journeys
by frequently
measuring customer
experience across
all channels
3. Technology
innovation
Customers are used to
a faster pace of adoption
of new technology,
and expect to use
newer mobile phones
and features
1. Information
Free and open market
information, social
media, and consumer
forums put power in the
hands of the customer
2. Social influence
Purchase decisions are
now influenced by
recommendations and
peer reviews, and not so
much by companies
4. Market influence
What happens in other
industries now
determines the rules of
competition
Drivers of Customer Experience
1. Customers frequently move between channels
in their interactions with your company
2. Customers seek and provide
information on your products from
channels you don’t control or contribute to
3. Customers go off the map, creating their own
journeys because your offer is too rigid
Three Signs of a Stale Customer Journey
Monitor Frequently, if not Continuously
Monitor
customer
experience KPIs
more frequently
Ensure journeys,
and initiatives
based on them,
are on track
Measure and benchmark
how frequently decision
criteria are changing in
your industry
Understand the
changes taking
place
Build systems
and processes
and train people
to adapt
Use dynamic
journey mapping
to orchestrate
workflows and
trigger changes in
the journey
Employ AI and
machine learning
to identify
changes in
customers’
purchase criteria
Deploy Dynamic Journey Maps
Create infrastructure
that’s responsive to
insights
People, processes,
platforms, and data
will be impacted
Monitor behavior in
real time and turn
insights into action
Adapt to the speed of
change and build
virtuous circles
Create an Agile Customer Journey
How fast do your
customers’
expectations change?
You need to change
just as fast.
Frequently monitor
customer preferences
and experience to
understand what to
change, where to
change it, and when.
Don’t just optimize
specific touch points;
customers engage with
you through integrated,
cross-channel journeys.
Keep Up With Your Customers
Copyright © 2017 Tata Consultancy Services Limited
How to Keep Your
Customer Journey from
Passing Its Sell-By Date
Contact a Consultant
Read the Article

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How to Keep Your Customer Journey from Passing Its Sell-By Date

  • 1. How to Keep Your Customer Journey from Passing Its Sell-By Date PERSPECTIVES VOLUME 8 Tonya McKinney Principal, Head of CX Innovation and Products, Enterprise Solutions Dave Anderson Global Managing Partner, CX Strategy & Transformation Services Copyright © 2017 Tata Consultancy Services LimitedJanuary 2017
  • 2. Customer preferences and purchase criteria change quickly Shelf Lives are Getting Shorter Companies take years to define customer journeys and don’t design for rapid change Companies can build dynamic and responsive journeys by frequently measuring customer experience across all channels
  • 3. 3. Technology innovation Customers are used to a faster pace of adoption of new technology, and expect to use newer mobile phones and features 1. Information Free and open market information, social media, and consumer forums put power in the hands of the customer 2. Social influence Purchase decisions are now influenced by recommendations and peer reviews, and not so much by companies 4. Market influence What happens in other industries now determines the rules of competition Drivers of Customer Experience
  • 4. 1. Customers frequently move between channels in their interactions with your company 2. Customers seek and provide information on your products from channels you don’t control or contribute to 3. Customers go off the map, creating their own journeys because your offer is too rigid Three Signs of a Stale Customer Journey
  • 5. Monitor Frequently, if not Continuously Monitor customer experience KPIs more frequently Ensure journeys, and initiatives based on them, are on track Measure and benchmark how frequently decision criteria are changing in your industry
  • 6. Understand the changes taking place Build systems and processes and train people to adapt Use dynamic journey mapping to orchestrate workflows and trigger changes in the journey Employ AI and machine learning to identify changes in customers’ purchase criteria Deploy Dynamic Journey Maps
  • 7. Create infrastructure that’s responsive to insights People, processes, platforms, and data will be impacted Monitor behavior in real time and turn insights into action Adapt to the speed of change and build virtuous circles Create an Agile Customer Journey
  • 8. How fast do your customers’ expectations change? You need to change just as fast. Frequently monitor customer preferences and experience to understand what to change, where to change it, and when. Don’t just optimize specific touch points; customers engage with you through integrated, cross-channel journeys. Keep Up With Your Customers
  • 9. Copyright © 2017 Tata Consultancy Services Limited How to Keep Your Customer Journey from Passing Its Sell-By Date Contact a Consultant Read the Article