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Voice of the Customer




Data-Based Analysis of Adoption and Optimization of VoC Initiatives
                                     presented by esteban kolsky
                                                          thinkJar
80% of companies think
they are doing a great job
at delivering experiences…

 …8% of their customers
         agree
customers use of
social channels exploded
highest source of traffic
60% want answers
40% to give feedback
80% want coupons
are you listening?


I mean, really listening?

   REALLY, REALLY?
          (let’s see)
17%    5%
                            24%

   39%
                       8%
                 7%




Actively Planning
Preparing to Roll Out
Deployed; Need More; Scheduled
Deployed; Need More; Not Scheduled
Deployed; Finished
Never Deployed
insight #1

 size matters when it comes to
deploying voice of the customer
   initiatives; bigger is better.
25%

52%

                       23%




0-$100M   $101M-$1B    Over $1B
0-$100M   $101M-$1B   Over $1B
insight #2

lots of people are talking out there,
and lots of people are listening; find
 out who makes more sense before
         you start doing VoC.
Read   Relevant
Read                   Relevant

                                                               Below           Above Below            Above
Source of Information                                         Average Average Average Average Average Average
Trade magazines, journals, books, and other printed
materials                                                       38      75      47      17       41      25
Online magazines and news sites                                 46      97      58      30       62      28
Bloggers, industry pundits, experts, and analysts web sites     41      71      40      27       49      28
Research houses, consulting firms, paid reports                 27      58      36      19       44      20
Vendors and technology providers                                31      63      43      14       35      27

Colleagues, conferences and workshops                           39      94      53      25       69      33
insight #3

executive sponsorship when doing
     VoC does matter; a lot.
137

                                     117
                       109




       36




 Committee,      Committee,     Executive    Different
Reporting to a   Reporting to    Sponsor    Groups Own
 Department      Management                    Pieces
Committee, Reporting to a Department
           Committee, Reporting to Management
           Executive Sponsor




Below Average (1   Average (5 to 7)   Above Average (8
     to 4 )                                to 10)
insight #4

ROI when doing VoC doesn’t matter
  as much as other methods for
     justification; a business
         case is essential.
149


      110             114

                 91
                            85
            75
1- Poor      2               3   4
5- Average   6               7   8
9            10- Excellent
VoC Strategy            Business Case        ROI Model
      Definition of Project   Explanation of Use




 Committee,       Committee,            Executive         Different
 Reporting to     Reporting to           Sponsor         Groups Own
a Department      Management                                Pieces
insight #5

   you have to have a reason for
 adopting a VoC initiative; doing it
because others are doing it is not it.
77


     60
          55

               44
                    39

                         26

                              4   2   2
SMM           BI      Analytics   Surveys   EFM
Call Center   Email   Website     CRM       BPM
insight #6

tools matter; the right ones.
Used   Planned
Below Average (1 to 4 )   Average (5 to 7)
Above Average (8 to 10)
insight #6

 you have to know why and what
  you are doing with VoC, how it
 affects the business, beyond the
justification case; on a daily basis.
115




                                  79


                                              54
       51             48




Don’t Collect    Trying to   Improved      Used        Critical
 Feedback       Get Better    Business   Sparingly   Component
Below Average (1 to 4 )   Average (5 to 7)   Above Average (8 to 10)




  Don’t      Trying to     Improved        Used          Critical
 Collect    Get Better      Business     Sparingly     Component
Feedback
Don’t Collect Feedback   Trying to Get Better
     Improved Business        Used Sparingly
     Critical Component
50

45

40

35

30

25

20

15

10

5

0
Voice of the Customer




                         esteban kolsky
                                thinkjar

                                @ekolsky
                                 +ekolsky
                        http://thinkjar.net

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Data-Driven Insights for Optimizing VoC Initiatives

  • 1. Voice of the Customer Data-Based Analysis of Adoption and Optimization of VoC Initiatives presented by esteban kolsky thinkJar
  • 2.
  • 3. 80% of companies think they are doing a great job at delivering experiences… …8% of their customers agree
  • 4. customers use of social channels exploded highest source of traffic 60% want answers 40% to give feedback 80% want coupons
  • 5. are you listening? I mean, really listening? REALLY, REALLY? (let’s see)
  • 6. 17% 5% 24% 39% 8% 7% Actively Planning Preparing to Roll Out Deployed; Need More; Scheduled Deployed; Need More; Not Scheduled Deployed; Finished Never Deployed
  • 7. insight #1 size matters when it comes to deploying voice of the customer initiatives; bigger is better.
  • 8. 25% 52% 23% 0-$100M $101M-$1B Over $1B
  • 9. 0-$100M $101M-$1B Over $1B
  • 10. insight #2 lots of people are talking out there, and lots of people are listening; find out who makes more sense before you start doing VoC.
  • 11. Read Relevant
  • 12. Read Relevant Below Above Below Above Source of Information Average Average Average Average Average Average Trade magazines, journals, books, and other printed materials 38 75 47 17 41 25 Online magazines and news sites 46 97 58 30 62 28 Bloggers, industry pundits, experts, and analysts web sites 41 71 40 27 49 28 Research houses, consulting firms, paid reports 27 58 36 19 44 20 Vendors and technology providers 31 63 43 14 35 27 Colleagues, conferences and workshops 39 94 53 25 69 33
  • 13. insight #3 executive sponsorship when doing VoC does matter; a lot.
  • 14. 137 117 109 36 Committee, Committee, Executive Different Reporting to a Reporting to Sponsor Groups Own Department Management Pieces
  • 15. Committee, Reporting to a Department Committee, Reporting to Management Executive Sponsor Below Average (1 Average (5 to 7) Above Average (8 to 4 ) to 10)
  • 16. insight #4 ROI when doing VoC doesn’t matter as much as other methods for justification; a business case is essential.
  • 17. 149 110 114 91 85 75
  • 18. 1- Poor 2 3 4 5- Average 6 7 8 9 10- Excellent
  • 19. VoC Strategy Business Case ROI Model Definition of Project Explanation of Use Committee, Committee, Executive Different Reporting to Reporting to Sponsor Groups Own a Department Management Pieces
  • 20. insight #5 you have to have a reason for adopting a VoC initiative; doing it because others are doing it is not it.
  • 21. 77 60 55 44 39 26 4 2 2
  • 22. SMM BI Analytics Surveys EFM Call Center Email Website CRM BPM
  • 23. insight #6 tools matter; the right ones.
  • 24. Used Planned
  • 25. Below Average (1 to 4 ) Average (5 to 7) Above Average (8 to 10)
  • 26. insight #6 you have to know why and what you are doing with VoC, how it affects the business, beyond the justification case; on a daily basis.
  • 27. 115 79 54 51 48 Don’t Collect Trying to Improved Used Critical Feedback Get Better Business Sparingly Component
  • 28. Below Average (1 to 4 ) Average (5 to 7) Above Average (8 to 10) Don’t Trying to Improved Used Critical Collect Get Better Business Sparingly Component Feedback
  • 29. Don’t Collect Feedback Trying to Get Better Improved Business Used Sparingly Critical Component 50 45 40 35 30 25 20 15 10 5 0
  • 30. Voice of the Customer esteban kolsky thinkjar @ekolsky +ekolsky http://thinkjar.net