In today’s buying world, whether it be business-to-business (B2B) or business-to-consumer (B2C), customer expectations are changing.
Especially in a competitive market, today’s customers are placing more and more importance on how they experience a brand. They desire personalized interactions, dedicated service and connected experiences across all channels of communication. They now want to know what companies are doing for them beyond just providing great products.
Customer experience refers to every interaction a company has with a business pre- and post-purchase.
Think about the last great experience you had with a company and how it made you feel. What made that interaction different from all the others? How did they go above and beyond and exceed your expectations?
In order to successfully deliver first-class customer experience, your organization must first develop a customer experience strategy.
A customer experience strategy is essentially an outline of the tactics and touchpoints you'll use to capture and retain customers and achieve your business goals. Documenting a customer experience strategy and ensuring everyone in the organization is on the same page can be essential for your business’s ability to retain customers.
When it comes to innovating a new customer experience strategy, it can be helpful to see what other leading organizations are doing to put customers at the center.
Check out what these three brands are doing to set the bar on customer experience strategy:
Founded in 1850, Amex has become one of the largest global payment networks serving businesses and consumers. Since the beginning, customers have always been at the center of the organization.
Luis Angel-Lalanne, VP of Customer Listening at American Express, states: “I think that customer connection is kind of what fuels the history and the culture of Amex. I didn’t have to come in and try to create the customer-centric culture; I was able to step into that and feed the demand that was already there.”
Here’s a look at what they’re doing for their customers:
Raymond Joabar, EVP, Global Servicing Network at American Express, states in an interview with Forbes:
“One time, a hotel café manager [an Amex merchant] alerted my team that he had accidentally sold a display cake with harmful chemicals and needed to find the customer before they ate it. Obviously, there’s no procedure for that, but our team took ownership of the problem. They gathered all the information they could from the record of charge, identified 21 Card Members who used their cards at the café during that time frame, reviewed the accounts to find the right match, and then called the Card Member in time before they served the cake at an anniversary party.
The important point here–other than that everybody ended up safe and sound–is that there isn’t a script for every situation, so we empower our care professionals to do what’s right for the customer. And we recognize what they do with this empowerment as well. We give awards to employees who go above and beyond to help customers and we share their stories across the company.”
Nationwide has long been a leader for business and consumer insurance. Like the other companies mentioned in this list, Nationwide attributes much of its success to its customer experience commitment. In 2018, Nationwide was named one of the top 10 best service brands in Britain.
Here’s a brief look at how Nationwide is putting customers first:
There are not many companies that Amazon competes with, but yet they continue to innovate. Why? Because of the customers. Since day one, Amazon has made it pretty clear that customers have always come first.
According to CEO Jeff Bezos, the key to success for these companies has been truly focusing on their customers and constantly pushing the boundaries to provide them with what they are looking for.
Bezos states, “You have to invent for customers, because companies that only listen to customers fail. It's not the customers' job to invent for themselves. It's our job at Amazon.com to invent...those kinds of things that customers really like.”
Arguably, we may not all be as successful as Amazon in this area, but what can we learn from them about improving customer experience?
Here’s a look at how Amazon continues to put customers at the center:
The main thing these companies have in common is they realize customer experience is everything. Organizations committed to customer experience understand that this is central to their success as businesses. When looking at what it takes to have a successful customer experience strategy, let’s look at everything these leading organizations have in common: