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How much is a customer worth?




                        Vítor Magalhães
#   Personal Introduction
“ Without experimentation,
           we might all still
          be living in caves
            and using rocks
                  as tools.quot;
                  —Stefan Thomke
#   Context 2.0: Web
    everywhere!
Forget the Bubble times!
Internet is here to stay!
No doubt!
It’s the biggest medium!
It’s the medium with the fastest
growth!
But...
Where is your customer?!
#   Problem 1: Where’s Wally?
Where is your customer?!
“   Is this how you see your online customer?
“Everything starts with the
customer.”
Louis XIV
#   Problem 2: Beta World!
“We live a life in Beta”
- Bruce Nussbaum, BusinessWeek
Take the time to do it right, or
  make the time to do it again.




                        —Daniel L. May
“If you're not
 failing every
 now and again,
it's a sign you're
      not doing
   anything very
innovative.”
      —Woody Allen
The most successful people are
those who are good at Plan B.




                                 —James Yorke
#   Problem 3: Focus
Remember:

1. People have too many choices and too little time

2. Most offerings have similar quality and features
3. We tend to base our buying choices on trust
# Book Tip
The Visceral Reaction       Rational thought
          (snap decision)   (argumentation)

         or just the…


         Blink
It’s all about first impressions!
#   Problem 4:   Focus!
Quiz:

It’s 1999…
Which looks easier to use?
Why some web sites are

fat?
1. Turfismo
(every department wants to be there)


2. Featuritis
(inexperienced communicators believe more is better)


3. Technofobia
(experienced communicators still resist new media)
“Everytime you add something
you take something away.”
37Signals
# Book Tip
 What’s your story?

 - Simplicity
 - Unexpectedness
 - Concreteness
 - Credibility
 - Emotion
 - Story
#   Problem 5: Conversation
To join the conversation,
you need to be…
(This is really important)
present.
We begin by listening.
W
If we listen,

we will learn.
It may get
messy …
# Book Tip
 “Online Markets...
  Networked markets are beginning
   to self-organize faster than the
  companies that have traditionally
  served them. Thanks to the web,
    markets are becoming better
    informed, smarter, and more
   demanding of qualities missing
         from most business
            organizations.”
The Cluetrain Manifesto: The End of Business as Usual: Rick Levine,
Christopher Locke, Doc Searls, David Weinberger; Perseus Books ©2000
95 Theses of the Cluetrain Manifesto
1. Markets are conversations.
2. Markets consist of human beings, not demographic sectors.
3. Conversations among human beings sound human. They are conducted in a human voice.
6. The Internet is enabling conversations among human beings that were simply not possible
    in the era of mass media.
9. These networked conversations are enabling powerful new forms of social organization and
    knowledge exchange to emerge.
10. As a result, markets are getting smarter, more informed, more organized. Participation in a
    networked market changes people fundamentally.
25. Companies need to come down from their Ivory Towers and talk to the people with whom
    they hope to create relationships.
34. To speak with a human voice, companies must share the concerns of their communities.
75. If you want us to talk to you, tell us something. Make it something interesting for a change.
94. To traditional corporations, networked conversations may appear confused, may sound
    confusing. But we are organizing faster than they are.
95. We have better tools, more new ideas, no rules to slow us down.
We are waking up and linking to each other. We are watching. But we are not waiting.
Are

you (still)

listening?
Where to start?

By listening!!!

 Ok... Benchmarking also
helps!
Dell homepage moves from company centric…   … To customer centric…
…And learns from “Dell Hell”
How do we kill conversations?
“Companies will need to understand
that their products are less important
than their stories.”
          - Rolf Jensen, Copenhagen Institute or Future Studies
Touch points with the customer
(voice, sms/mms and e-mail);




Tracking all the channel activity,
profiling and measuring behavior;




Active communication and
segmented ads according to each
user profile;
Site Internet
 Newsletter
 Email
 ...



Backoffice
 -Access Management;
 -Tracking;
 -Profiling;
 -Identification;
 -Campaign
 Management;
 -...
 -Provisioning;
Engagement keeps people coming back
…because good experiences make people happy.
360º Communication
“At the end of the day…
                  Business as usual!”
The problem is never
   how to get new,
innovative thoughts into
   your mind, but how to
  get the old ones out.
quot;All it takes is one idea to solve
 an impossible problem.quot;




                                     —Robert H. Schuller
Thank you!
Questions?
http://www.linkedin.com/in/vitormagalhaes   http://vitormagalhaes.com




        Vitor.Magalhaes@byside.com
Byside Online Banking Npf Final

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Byside Online Banking Npf Final

  • 1. How much is a customer worth? Vítor Magalhães
  • 2. # Personal Introduction
  • 3. “ Without experimentation, we might all still be living in caves and using rocks as tools.quot; —Stefan Thomke
  • 4.
  • 5.
  • 6. # Context 2.0: Web everywhere!
  • 7. Forget the Bubble times! Internet is here to stay! No doubt! It’s the biggest medium! It’s the medium with the fastest growth!
  • 8.
  • 10. Where is your customer?!
  • 11. # Problem 1: Where’s Wally?
  • 12. Where is your customer?!
  • 13. Is this how you see your online customer?
  • 14. “Everything starts with the customer.” Louis XIV
  • 15. # Problem 2: Beta World!
  • 16.
  • 17. “We live a life in Beta” - Bruce Nussbaum, BusinessWeek
  • 18.
  • 19.
  • 20.
  • 21.
  • 22. Take the time to do it right, or make the time to do it again. —Daniel L. May
  • 23. “If you're not failing every now and again, it's a sign you're not doing anything very innovative.” —Woody Allen
  • 24. The most successful people are those who are good at Plan B. —James Yorke
  • 25. # Problem 3: Focus
  • 26. Remember: 1. People have too many choices and too little time 2. Most offerings have similar quality and features 3. We tend to base our buying choices on trust
  • 27.
  • 28.
  • 29.
  • 30.
  • 32. The Visceral Reaction Rational thought (snap decision) (argumentation) or just the… Blink
  • 33. It’s all about first impressions!
  • 34. # Problem 4: Focus!
  • 36.
  • 37.
  • 38. Why some web sites are fat? 1. Turfismo (every department wants to be there) 2. Featuritis (inexperienced communicators believe more is better) 3. Technofobia (experienced communicators still resist new media)
  • 39.
  • 40. “Everytime you add something you take something away.” 37Signals
  • 41.
  • 42. # Book Tip What’s your story? - Simplicity - Unexpectedness - Concreteness - Credibility - Emotion - Story
  • 43. # Problem 5: Conversation
  • 44.
  • 45.
  • 46. To join the conversation, you need to be…
  • 47. (This is really important)
  • 49. We begin by listening. W
  • 50. If we listen, we will learn.
  • 52. # Book Tip “Online Markets... Networked markets are beginning to self-organize faster than the companies that have traditionally served them. Thanks to the web, markets are becoming better informed, smarter, and more demanding of qualities missing from most business organizations.” The Cluetrain Manifesto: The End of Business as Usual: Rick Levine, Christopher Locke, Doc Searls, David Weinberger; Perseus Books ©2000
  • 53. 95 Theses of the Cluetrain Manifesto 1. Markets are conversations. 2. Markets consist of human beings, not demographic sectors. 3. Conversations among human beings sound human. They are conducted in a human voice. 6. The Internet is enabling conversations among human beings that were simply not possible in the era of mass media. 9. These networked conversations are enabling powerful new forms of social organization and knowledge exchange to emerge. 10. As a result, markets are getting smarter, more informed, more organized. Participation in a networked market changes people fundamentally. 25. Companies need to come down from their Ivory Towers and talk to the people with whom they hope to create relationships. 34. To speak with a human voice, companies must share the concerns of their communities. 75. If you want us to talk to you, tell us something. Make it something interesting for a change. 94. To traditional corporations, networked conversations may appear confused, may sound confusing. But we are organizing faster than they are. 95. We have better tools, more new ideas, no rules to slow us down. We are waking up and linking to each other. We are watching. But we are not waiting.
  • 55. Where to start? By listening!!! Ok... Benchmarking also helps!
  • 56.
  • 57.
  • 58. Dell homepage moves from company centric… … To customer centric…
  • 59. …And learns from “Dell Hell”
  • 60.
  • 61.
  • 62. How do we kill conversations?
  • 63.
  • 64.
  • 65.
  • 66. “Companies will need to understand that their products are less important than their stories.” - Rolf Jensen, Copenhagen Institute or Future Studies
  • 67.
  • 68. Touch points with the customer (voice, sms/mms and e-mail); Tracking all the channel activity, profiling and measuring behavior; Active communication and segmented ads according to each user profile;
  • 69. Site Internet Newsletter Email ... Backoffice -Access Management; -Tracking; -Profiling; -Identification; -Campaign Management; -... -Provisioning;
  • 70. Engagement keeps people coming back
  • 71. …because good experiences make people happy.
  • 73. “At the end of the day… Business as usual!”
  • 74. The problem is never how to get new, innovative thoughts into your mind, but how to get the old ones out.
  • 75. quot;All it takes is one idea to solve an impossible problem.quot; —Robert H. Schuller
  • 78. http://www.linkedin.com/in/vitormagalhaes http://vitormagalhaes.com Vitor.Magalhaes@byside.com