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Customer 2020


   A point of view by Arnaud Huet
       arnohuet@gmail.com
              June 2009
                                    1
The future promises surprises and opportunities that
      imply to make evolve the way brands interact with their
      customers

         Customer                                 Market                  Technologies
                                          Collaborative intelligence       Clouds of objects
                 Hero                                                  connected, fixed and mobile
 He is now asking: This is what I need,   Sustainable development
          can you provide it?                                               CRM 2.0 / 3.0...
                                          New vertical relationships
                                                                           Augmented reality
     Reasonable purchaser                 Word of mouth marketing
   He pays attention to the respect of                                           eEdition
             environment
                                            Behavioral targeting           Electronic clothes

             Influencer                     Participatory culture        Clickable environment
He discusses with peers and argues in
       order to influence others           Economic stabilization            Invisible robots
                                           Humanization of media           Intelligent materials
      Personal broadcaster
He defines and communicates about his
                                               Free currency
      personal life as a marketer                                          Organic research of
                                                                        information / Organic ad-
                                                eReputation                      engine

                                                                                                     2
Humanization of the relationship is the first issue of the 10 next
years. To embrace this vision, marketing leaders will particularly
need to put the concept of customer centricity into practice

                  Target the empowered customers and recruit them:
                       –    Define how to reach empowered customers (e.g.: semantic analysis, level of
                            involvement of brand in social relationship)
   Engage              –    What you’re trying to accomplish,
  empowered
                  Own and lock them:
customers by           –    Define how you plan to strengthen your relationships with them. E.g.:
  developing                  –    Embrace personal marketing like an insider
 “new vertical                –    Communate about your Brand as a UGC and without cheating about your identity
                       –
relationships”              Define your strategy of retention
                  Measure the results:
                       –    Collect data in order to measure the experience delivered
                       –    Monitor the engagement and the financial impact

                  Listen to individual customer’s needs and desires as often as you
     Build         talk to them and as often as they talk to you
relationships         –    Deliver the personal service that they deserve at every touchpoints
                      –    Make “Empathy“ a guideline of the operational recommendations
   through
                  Astonish customers and make them live unique experiences
emotions and          –    Launch initiatives regarding their ROI per segment or cluster
                                                                                                                   3

   adapted            –    Measure “Engagement” as a KPI made up of four elements: involvement,
                           interaction, intimacy and influence
 experiences          –    Link your results with financial metrics in order to fuel a business plan and monitor
                           the ROI

                 Non-exhaustive list
Profitable customer loyalty is the second issue. Many firms fail to lock
their customers and a few have figured out the recipe for transforming
their capabilities in a profitable way

 Make your best customers                                   High expectations
  switch from stable to
  engaged customers.
                                                    Disappointed             Engaged
  Examples of initiatives:
   – Astonish the customer with           Poor                                                 Great
      experiences emotionaly positive     experience                                      experience
   – Use technologies to ensure the
                                                        At-risk                  Stable
      delivery of appropriate customer
      experiences in stores
   – Recognize the customer as a
      person who enjoys to be involved
      and rewarded                                                    Low
                                                                  expectations
       …

 Try to keep « At-risk » and « Disappointed » customers that are
  profitable.
  Example of initiatives:
   – Identify the most profitable dissatisfied/dissafected customers and focus your actions on
      them
   – Monitor the ROI continuously and in real-time
       …
The development of synergies between material and immaterial worlds
is the third issue. The development of the overlap will impact the
allocation of marketing investments and the internal organization of
firms.

 With the advent of the
 clickable environment,                                    Advices and
 Digital is integrated in                                  informations
    our everyday life.                                collected from Digital
                                Immaterial                 environment
                                                      enlighten the way the
                            Digital                    cutomer interacts in
                                                             the store.
                            Selfcare
  Peers contribute to
  Selfcare by sharing       Contact center
     their return on
   experience about                                    Customers become
    problem solved.                                          more and
                            Store                          more informed
                                                          before getting in
                            After Sales Service        touch with the after
     Internet was a                                      sales service. So
  channel. It becomes                                   recommendations
    the link between                Material
                                                       and diagnosis need
      material and                                       to be argued and
   immaterial worlds.                                         didactic.
Contact


For more details or comments
 arnohuet@gmail.com

To consult my professional background
 http://www.linkedin.com/pub/arnaud-
 huet/0/9a3/3b4



                                         6

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Customer 2020

  • 1. Customer 2020 A point of view by Arnaud Huet arnohuet@gmail.com June 2009 1
  • 2. The future promises surprises and opportunities that imply to make evolve the way brands interact with their customers Customer Market Technologies Collaborative intelligence Clouds of objects Hero connected, fixed and mobile He is now asking: This is what I need, Sustainable development can you provide it? CRM 2.0 / 3.0... New vertical relationships Augmented reality Reasonable purchaser Word of mouth marketing He pays attention to the respect of eEdition environment Behavioral targeting Electronic clothes Influencer Participatory culture Clickable environment He discusses with peers and argues in order to influence others Economic stabilization Invisible robots Humanization of media Intelligent materials Personal broadcaster He defines and communicates about his Free currency personal life as a marketer Organic research of information / Organic ad- eReputation engine 2
  • 3. Humanization of the relationship is the first issue of the 10 next years. To embrace this vision, marketing leaders will particularly need to put the concept of customer centricity into practice  Target the empowered customers and recruit them: – Define how to reach empowered customers (e.g.: semantic analysis, level of involvement of brand in social relationship) Engage – What you’re trying to accomplish, empowered  Own and lock them: customers by – Define how you plan to strengthen your relationships with them. E.g.: developing – Embrace personal marketing like an insider “new vertical – Communate about your Brand as a UGC and without cheating about your identity – relationships” Define your strategy of retention  Measure the results: – Collect data in order to measure the experience delivered – Monitor the engagement and the financial impact  Listen to individual customer’s needs and desires as often as you Build talk to them and as often as they talk to you relationships – Deliver the personal service that they deserve at every touchpoints – Make “Empathy“ a guideline of the operational recommendations through  Astonish customers and make them live unique experiences emotions and – Launch initiatives regarding their ROI per segment or cluster 3 adapted – Measure “Engagement” as a KPI made up of four elements: involvement, interaction, intimacy and influence experiences – Link your results with financial metrics in order to fuel a business plan and monitor the ROI Non-exhaustive list
  • 4. Profitable customer loyalty is the second issue. Many firms fail to lock their customers and a few have figured out the recipe for transforming their capabilities in a profitable way  Make your best customers High expectations switch from stable to engaged customers. Disappointed Engaged Examples of initiatives: – Astonish the customer with Poor Great experiences emotionaly positive experience experience – Use technologies to ensure the At-risk Stable delivery of appropriate customer experiences in stores – Recognize the customer as a person who enjoys to be involved and rewarded Low expectations …  Try to keep « At-risk » and « Disappointed » customers that are profitable. Example of initiatives: – Identify the most profitable dissatisfied/dissafected customers and focus your actions on them – Monitor the ROI continuously and in real-time …
  • 5. The development of synergies between material and immaterial worlds is the third issue. The development of the overlap will impact the allocation of marketing investments and the internal organization of firms. With the advent of the clickable environment, Advices and Digital is integrated in informations our everyday life. collected from Digital Immaterial environment enlighten the way the Digital cutomer interacts in the store. Selfcare Peers contribute to Selfcare by sharing Contact center their return on experience about Customers become problem solved. more and Store more informed before getting in After Sales Service touch with the after Internet was a sales service. So channel. It becomes recommendations the link between Material and diagnosis need material and to be argued and immaterial worlds. didactic.
  • 6. Contact For more details or comments arnohuet@gmail.com To consult my professional background http://www.linkedin.com/pub/arnaud- huet/0/9a3/3b4 6