New formats, bigger stores highlight the growing optimism of the day. Do customers think any of these are drastically and demonstrably different ? For that to happen one would need to measure up to the high expectations of customers and consistently deliver a great experience. It is a good time to focus on these resolutions .
1. Think like the customer – It seems easy but is perhaps the hardest thing to do. Stand in the same queues and expect no favours – to understand the experience that is being provided to customers. Get to know what customers really want. No two customers are the same, understand the difference and ensure that your processes are equipped to handle the difference.
2. Listen to the customer – Measuring satisfaction is not enough. To fully listen to customers measure the core promise, experience at each interaction and finally the relationship . Engage the customers in jointly creating an experience to remember.
3. Engage the Employees – Engage the frontline of the company to deliver more. The frontline feel the pulse of customer expectations everyday. This is valuable knowledge that can be more fruitfully used to enhance the experience and empower the frontline – by enhancing knowledge , skill or responsibility.
4. Lead with the Promise – The brand makes a promise to the customer. Clearly define each and every promise to the customer and ensure that it is delivered. It will require senior leaders and cross functional involvement to come good. Don’t let your customers down. Make experience your differentiator in 2008 and onwards. Being real and authentic is all that is required to build trust.
While working on the above, keep the following in mind :
A. Green Responsibility – The seriousness of climate change has put the impact of a business on the environment on the agenda. From practices in the supply chain to the front end, customers want to know and are beginning to ask tough questions.
B. Transparency and Privacy – The menace of unwanted calls and offers , incidents with data theft and more have been a concern for a while. Simply writing we may share data with partners is not enough. Customers are beginning to ask what are you going to do with the data collected, what information do you share with partners, what is the policy on data protection and recourse. An ambiguous document worded in legal terms is simply not enough. A customer manifesto on transparency and privacy of the customer is a key expectation.
C. Being Mobile – How relevant is the mobile to your brand experience. Ensuring the website works on the mobile is one aspect of the experience. More importantly how are SMS, location based services , self help services are the key to the brand experience. Are you ready for the mobile customer? Seeking information, paying bills, looking up promotions, managing the account are some of the straight forward solutions. Could i look up the nearest chemist in my vicinity ?
D. Co-create Value – Simple loyalty programmes and price offs are passe. Create tangible value for customers by joining hands with like minded companies and creating integrated services and experiences.
While 2008 appears with the promise of a booming economy and better times for India, the world is grappling with several events that may shift perceptions easily. The weakening dollar and the sub prime crisis in the US on one side and on the other side the switch towards eco friendly technologies and practices seem extraneous to the India growth story.
We are part of a larger integrated global economy and sooner or later we will be impacted too. In times of change a loyal base of customers who believe in you, your company and the experience you provide can be powerful allies in achieving long term goals.