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Customer-Centric Marketing: Step-Up Performance

ClearAction

Customer-Centric Marketing: Step-Up Performance Lynn Hunsaker. Customer-centric marketing is necessary, yet far from sufficient — from customers’ and investors’ perspectives. Thankfully, many companies have been migrating away from product-centric, month/quarter-end-centric and competitor-centric marketing, toward putting the individual or most profitable customer at the center of marketing design and delivery.

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When B2B and B2C Key Performance Metrics Flatline….

Beyond Philosophy

The first, a B2C example, involves a major player in the cable television industry. The company needs to understand the benefits, and overall perceived value, customers seek in the entertainment experience. As basic customer experience processes were improved, the metric flatlined, offering no opportunity for further enhancement or competitive advantage. Web-based survey invitations were sent to the company’s current customers. Michael Lowenstein, Ph.D.,

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How to be customer-centric in FMCG when you don't own the buying experience

Hello Customer

In short, they need to actively think about their end consumer and convey a customer-centric message to their audience. Luckily, there's a handful of actions organizations can take to impact the customer experience and to learn how they can bring value. The old way of selling.

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How Customer Experience Differently Affected B2B and B2C?

OctopusTech

Customers these days have high expectations and it impacts your customer experience management. As if you are dealing in B2B your marketing methods are different and when you deal with a customer, the method you used is different. By using different methods and strategies, whatever customer experience or CX you gain affect your business differently. How CX act differently for B2B vs B2C? B2C Marketing: In this, the businesses sell directly to the customers.

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B2B Customer-Centric Strategies

Natalie Petouhof

Tweet Customer-centric strategies have been the mainstay of B2C companies like Amazon and Google. Industry-leading B2B companies increasingly respond to intensifying global competition by putting customer-centricity and experience at the heart of the strategy. For a very many B2B companies, across many sectors, the growing influence of customer-experience strategies and the bold moves of customer-centric leaders pose a critical challenge.

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Customer Centricity Masterclass with Doug Leather

Peter Lavers

Customer Centricity is the eco-system and operating model that enables an organisation to design and deliver a unique and distinctive customer experience”. A group of people representing some of the best brands in Europe gathered at Twickenham Stadium on a warm June day for a special masterclass focused “customer centricity” in companies that are primarily business-to-consumer (B2C). Hiding behind systems problems/delays instead of engaging the customer.

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Top Five Obstacles to Customer Centricity #1 Silo’d Organisations

Peter Lavers

This series of blogs is based on the early results of research undertaken by Peter Lavers on customer centricity. Participants are asked to tell us what, if anything, they are pulling their hair out over when it comes to customer centricity. This is particularly an issue in B2C companies, as it comes out 3rd amongst B2B respondents. Sometimes this even gets out to the customers! Customer Centricity Latest Thinking

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Top Five Obstacles to Customer Centricity #4 Multi-channel Journey

Peter Lavers

This series of blogs is based on the early results of research undertaken by Peter Lavers on customer centricity. Participants are asked to tell us what, if anything, they are pulling their hair out over when it comes to customer centricity. Respondents are asked how well each statement describes their business, and the 4th most agreed with statement is : “My company hasn’t mapped the multi-channel customer. Customer Centricity Latest Thinking

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Top Five Obstacles to Customer Centricity #2 Stalled Customer Programmes

Peter Lavers

This series of blogs is based on the early results of research undertaken by Peter Lavers on customer centricity. Participants are asked to tell us what, if anything, they are pulling their hair out over when it comes to customer centricity. 52% of respondents agreed with this statement, and it’s a much bigger issue in B2C than in B2B, where it comes fourth. For many companies it’s a major cause of staff demotivation and customer disaffection.

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5 Technologies Helping B2C Field Services Meet Consumer Demands

TechSee

In today’s customer-centric marketplace, B2C field service (FS) organizations face growing expectations for quicker resolutions, shorter arrival times and a better overall customer experience. To ensure they meet these challenges, Gartner predicts that by 2021, more than 50% of B2C FS organizations will rely on applications or technologies from small field service management providers. B2B vs. B2C – Differing expectations.

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5 Top Customer Service Articles of the Week 6-7-2021

ShepHyken

Each week I read a number of customer service and customer experience articles from various resources. Customer Interviews for CX: How to Conduct Interviews & How They Can Make a Difference by Jeannie Walters. Here she talks about how to conduct a customer interview.

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The Differences Between B2B and B2C Customer Journey Mapping

GetFeedback

After Voice of the Customer (VoC) , nothing is more closely associated with Customer Experience Management (CXM) than a customer journey map (CJM). . customer feedback data), involving customers, and defining customer outcomes. . Customer Experience

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The Gospel of Customer Centricity for Improved Customer Experience

CX Journey

The way customers interact with brands has drastically changed over the past few years. In the words of Forbes contributor Brian Walker, " Digitally empowered customers are firmly in charge, bouncing from channel to channel at the drop of a hat.” It is now more important than ever before to intertwine marketing efforts with sophisticated customer relationship management tools to deliver a seamless customer experience at every touch point in the purchasing cycle.

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Find, Win, Keep: A simple customer centric business strategy

ijgolding

Gary’s probing went as follows: ‘What is our strategy to sustainably FIND new customers?’ Back in 1999, the concept of the ‘customer journey’ did not really exist. However, even then, GE were the masters at understanding end to end ‘processes’ as well as the importance of customer centricity. Now have a think about your own business – do you have a strategic plan for FINDING new customers?

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The Journey For A Customer-Centric Cultural Change: An Exclusive Interview With Mr. Sumit Nadgir, Director, TrueNorth

Customer Guru

At Customer Guru, we believe that Customer Experience (CX) should be the number one priority for all the Indian businesses so that they become more sustainable and successful globally. Thus, we are on a mission to spread this awareness, inspiring and guiding professionals to adopt and inculcate a customer-centric approach. We are certain that this is a first step to help organizations WOW their customers and create raving fans for themselves.

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What a Customer First Strategy Means Post Pandemic

C3Centricity

Denyse Drummond-Dunn · What a customer first strategy means today. But with people having changed their purchasing habits and perspectives due to lockdown, this seems the perfect time to reconsider your customer-first strategy. A customer-first strategy is not so hard.

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The 23 Keys to Creating Raving Fans Part 1

C3Centricity

I have been fortunate to have managed over 250 voice of the customer projects in B2B over the last four decades, with over 50 engagements on customer satisfaction and loyalty. While customer acquisition is indeed important, so is holding on to your customers and making them Raving Fans.

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How to Grow Customer-Centric Companies in Down Markets

Talkdesk

JASON : The pain in customer satisfaction sneaks up on you. JOHN : Customer retention is important in itself, but it is also valuable because your customer base can lead to almost a second wave of acquisition. I’ve become a fan of looking at B2B products in the way you would look at B2C products; that is, measuring smaller metrics like time in app and daily active users. Scaling customer service. JOHN : LinkedIn customer service is a massive problem in scale.

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The 23 Keys to Creating Raving Fans Part 2

C3Centricity

If customer is willing to discuss the competition, the insight will be valuable in how you compare to the competition as well as the best of class vendor. The Customer Loyalty Wheel ™. The following is how we look at customer satisfaction, loyalty and creating and Raving Fans.

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Customer Centricity – A Crucial Factor to Build a Cohesive Customer Experience

SmartKarrot

In today’s fast-paced business world, there is an increasing focus on providing a customer-centric experience by providing a personalized customer experience. This will include looking closely at the impact of poor customer experience and great customer experience.

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Guest Blog: How to Get Customer Obsession to Start at the Top

ShepHyken

This week we feature an article by Borge Hald who writes about the importance of being a customer obsessed company and how it is the key to success. We need to obsess about creating such an amazing customer experience that our customers will want to do business with us and nobody else. – Shep Hyken. In a recent letter to shareholders that went viral, Amazon CEO Jeff Bezos talked about customer obsession and its criticality to remaining a Day 1 company.

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In Case You Missed It: How to Design Your Contact Center to Be Customer-Centric and Deliver Exceptional Customer Experiences

Serenova

The message is clear: Brands that set themselves apart by creating exceptional customer experiences rise above the competition. In the webinar , How to Design Your Contact Center to Be Customer-Centric , our guest speaker, Forrester Research VP and Principal Analyst Art Schoeller, offers tips, trends and perspective on how you can move toward a more customer-centric contact center. Exceptional Customer Experience Spans the Entire Customer Journey.

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6 Quick & Reliable Ways To Increase Sales For Your Business

Quality Contact Solutions

The fact is, I need to inspire my customer-facing staff to leverage best practices to increase sales. For example, selling the main widget and offering a completely unrelated cog will certainly not make sense to the customer.

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5 Top Customer Service Articles for the Week of October 28, 2019

ShepHyken

Each week I read a number of customer service and customer experience articles from various resources. How To Build A Customer Service Strategy And Drive Repeat Business by Krishna Charan. Freshdesk) Building an airtight customer service strategy is the best way to weather the demands of today’s savvy customers. Bring Customer Loyalty Under the Customer Experience Umbrella by Phil Britt. Super-charge the Journey to Customer-Centric Culture.

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Making Optimal Customer Experience A Focus of Your Company’s (And Your) Thinking and Doing: The Case for Foundation and Advanced CEM Training

Beyond Philosophy

Many b2b and b2c companies offer antiseptic, commoditized, vanilla experiences for customers. Some, through culture, discipline, and purpose have succeeded in creating consistent, positive experiences which are appealing to customers and which customers consider worthy of passing along through informal conversation and recommendation. Most brands and corporations get by on transactional approaches to customer relationships.

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Understanding Customer Success: Growth Driven by the Customer-Centered Economy

Totango

Strategy for customer success growth has changed as commerce has gone digital and big data has made marketing and sales customer-centric. Tell people about your business, get them in the store, sell them things, then look for more customers. Increase Customer Retention.

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How Customer Success Can Catalyze Customer-Centric Change

ChurnZero

Customer-centricity is a term that gets bounced around a lot, but what does it really mean? And even more, what can Customer Success teams do to contribute to their organization’s Customer Experience (CX) evolution? If you find yourself wondering these exact same questions, then you should check out our on-demand webinar with Julia Ahlfeldt, where she breaks down what it takes for an organization to truly put the customer at the center of their business.

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12 Top Choices to Read and Follow over the Holiday Season

Peter Lavers

These blogs have generated the most engagement from my twitter and LinkedIn communities: It’s hard to believe that the Credit Crunch hit 10 years ago, and this blog considers 4 “seismic changes” that have resulted in the field of Customer Management, with versions specific to B2B and B2C. There’s a lot of hype about the “omni-channel customer experience”, but to be frank most companies that I come across are still organised “multi-channel”.

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Add Sprinkles to Your Customers’ Experiences

Chip Bell

As customers, we all want service that is good—meaning it successfully fulfills our needs or accomplishes the outcome we seek. What would your customer’s service experience be like if it was sprinkled? When the only First Bank & Trust ATM in the rural town of Tahoka, Texas went down, customers were unhappy. And, when it took several weeks to get the ATM operative, unhappy customers were accustomed to going to the convenience store for their cash.

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5 Top Customer Service Articles For the Week of July 13, 2020

ShepHyken

Each week I read a number of customer service and customer experience articles from various resources. 10 Essential Traits of Customer-Centric Brands by Mark Harrington. CMSWire) There are 10 fundamental traits that provide the foundational stepping stones for an organization to become customer-centric. My Comment: You may say you are customer-centric but are you really? Here is a list of ten ways companies are focused on their customers.

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Acquisitions Point to Messaging’s Future in Customer Service

Fonolo

Big question: How should text-based communication work alongside voice for customer service? Chat gained popularity quickly when customers realized chatting could be more pleasant than calling; and companies realized that agents could handle multiple conversations in parallel (thus lowering costs). Because of their massive scale, ease-of-use, and rapid consumer adoption, those platforms started to look like a better bet for businesses to use as a way to communicate with customers.

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Peter Lavers named as a Top Customer Service Influencer

Peter Lavers

WCL Customer Management’s founder and MD Peter Lavers has again been named as one of the world’s top customer service influencers. He has been featured on Fit Small Business’s Top Customer Service Influencers of 2018 list. . This list features influencers who are contributing to the customer service industry in an outstanding way. Please get in touch if you’d like to engage Peter to add value to your customer service or experience programme.

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Understanding Customer Success: Growth Driven by the Customer-Centered Economy

Totango

Tell people about your business, get them in the store, sell them things, then look for more customers. But that was before the internet made it possible to deliver highly customized items. You can order dresses from eShakti, customized down to the neckline, sleeve and length, all with a few taps on a screen. In order for your enterprise to survive this shift to a customer-centered market, it must become customer-centered, too. Increase Customer Retention.

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Are Smart Things Really Smart or is it Just Smart Marketing?

C3Centricity

” In it, I compared the positive and negative implications of technology for customers and companies alike. The Age of the Customer and the Fourth Industrial Revolution. This post includes concepts from Denyse’s book Winning Customer Centricity. .

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Report: Lessons in CX Excellence, 2018

Customer Experience Matters

This report has rich insights about both B2B and B2C customer experience. Here’s the executive summary: This past November, we named six organizations the winners of Temkin Group’s 2017 Customer Experience Excellence Award – AARP, Allianz Worldwide Partners, Century Support Services, Nurse Next Door Home Care Services, Reliant, and Sage. The post Report: Lessons in CX Excellence, 2018 appeared first on Customer Experience Matters®.

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Six Benefits of Co-creating your own Customer Management Model

Peter Lavers

Anybody who knows me knows that I am passionate about seeing and managing the customer experience as a business system which is why I want to share with you six benefits for co-creating your own CM Model. I am convinced that there is significant extra value to be had when companies systemically improve the way in which they find, engage and satisfy customers in today’s omni-channel yet cost-conscious environment. Customer Centricity Latest Thinking Strategy

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What Consumer Goods Companies Can Learn From Healthcare. 7 Lessons of Customer Service Excellence

C3Centricity

I was recently in a clinic for surgery and was surprised by how customer (patient) centric they are. I remind my clients that exceptional customer service examples can come from anywhere! As you probably know, actually becoming your customer and seeing the market from their perspective, is one of the exercises I suggest to better understand them. So here are my seven learnings about customer service excellence: 1. Customer #CEX #CRM Click To Tweet.

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A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

The focus on enhancing customer experience has gained traction in recent years. As businesses recognize its value, the shift from a product-centered approach to a customer-centric one continues. How do you take action on customer experience? Listen to your customers.

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Beer: Your Recipe for Customer Engagement

PeopleMetrics

But today, in response to what has become a big-name brewer marketplace, a new, highly-profitable niche is springing up: The world’s beer buffs are homebrewing, creating new contenders in the fight for customer love. How are they convincing customers that their shops are the best place to go for their needs? Two of Philadelphia’s own beer gurus, Jimmy and Barry, run this shop and use the homebrew threads in an online guerilla battle for customer engagement.

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5 Top Customer Service Articles for the Week of November 11, 2019

ShepHyken

Each week I read a number of customer service and customer experience articles from various resources. 3 Ways Store Layout Decisions Impact on Customer Experience by Oisin Ryan. ServiceDock) The following covers three of the most common and obviously non-customer-centric strategies that retailers use. Each of them maximizes short term profitability but at the potential expense of long term customer loyalty. So, do you know who your customers are?