Thursday, November 14, 2013

Value is in the Eyes of the Customer

The Subjective Theory of Value states that value of a product or service is based on the subjective importance of it to an individual. You can read more about the details and economic theory behind this on the link here.

Lets look at this theory in the light of customer relationships. There is evidence all around us that the value of certain relationships is different from customer to customer. Where one will value a social network presence of an organization more than visiting their physical office, others will have a different opinion.

Tuesday, November 5, 2013

Making Customers Smile

A lot of us know that we do our best work when we are happy. If there is stress or tension, we generally either try to avoid the situation or choose the least challenging avenues to get the work done. Those are not always the best pieces of work, they are generally just mediocre.

Wednesday, September 25, 2013

Is your organization "human"?

Relationships are personal. Some more than others, but none-the-less quite personal. Similarly, buying decisions can be personal. It is not necessary that I will go out and purchase the cheapest and most positively reviewed product. I may spend a few more dollars to get the product from a local store, or a store where I like to visit, or an online store that accepts my PayPal account. The reasons are un-ending, the irrationality behind the reasons is constant though. But I digress, I will surely touch on this in more detail in a later post.

Thursday, September 19, 2013

The Golden Rule and the Customer

Recently, I read a post from Don Peppers, talking about what it would take to make a genuinely trustable airline.  In his post he refers to the Golden Rule, "Do onto others as you would have them do onto you." That sparked a thought in my mind about how we treat our customers today.

Do we really follow this rule? A bigger question is, do we need to?

Monday, August 5, 2013

How Close are Tomorrow's Gadgets?

Today, I am going to talk about something slightly different to the regular Customer Management related posts.

I recently read about two completely different technological innovations coming into the market which got me thinking about gadgets of the future. The first was Leap Motion's recent launch to the consumer market. The second was a discussion about screen sizes on smartphones and tablets.

Wednesday, July 31, 2013

Customer Experience Innovation: Does Innovation Require a Framework?

Recently, I shared an interesting article, on one of the social network sites, that I had read about Customer Experience Innovation. Among the comments that I got, one was regarding organizations going about customer experience innovation by requiring employees to simply "do it". Without a framework or a business plan or strategy behind it.

Thursday, July 25, 2013

How Many of Your Customers Are Your "Friends"?

Lets start with the definition of "Friend" here. That shouldn't be a hard question, but if you ask someone what is the meaning of "Friend", you will find a lot of different answers.

A friend defined by an online dictionary is:
1. a person known well to another and regarded with liking, affection, and loyalty; an intimate
2. an acquaintance or associate
3. an ally in a fight or cause; supporter
4. a fellow member of a party, society, etc
5. a patron or supporter: a friend of the opera

Thursday, July 18, 2013

How Customer Centric Are You?

Many organizations tout that they listen to their customers and gather customer feedback. These organizations have a good presence in social media and say they have a good understanding of their customers. If you go and ask them, they will be able to tell you why customers buy their product or services.

But is that really being customer centric? Is just listening to the customer and maintaining a knowledge base of customer buying trends enough? Is just implementing customer feedback sufficient to becoming a customer centric organization.

Friday, July 12, 2013

The "We got your back" concept for Customer Services

We all know that Customer Services is a very important, if not the most important, touch point to maintain a great customer relation and influence the customer experience overall. If it is through call centers or through the growing social media channels, the same rules apply and we see the same impact on the overall experience.

With all the different ways that customers can reach us today, and the large customer service teams, are we strangling our own capabilities to influence the customer experience? This question led me to think about, what I call, the "we got your back" concept. This is based on what the organization philosophy is with regards to the freedom that a customer service representative/agent has to influence and manage the overall customer experience.