+ All Categories
Home > Business > Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Date post: 20-Jun-2015
Category:
Upload: stewart-hayes
View: 339 times
Download: 2 times
Share this document with a friend
Popular Tags:
86
consumer insight & trend spotting conference 15/16- august- 2012 toronto, canada customer expe behind the smoke an
Transcript
Page 1: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

c o n s u m e r i n s i g h t & t r e n d s p o t t i n g c o n f e r e n c e

1 5 / 1 6 - a u g u s t - 2 0 1 2

t o r o n t o , c a n a d a

c u s t o m e r e x p e r i e n c e :

b e h i n d t h e s m o ke a n d m i r r o r s

Page 2: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

“ i f I h a v e s e e n f u r t h e r …

the disclaimer.

Apr 13, 2023 2

Page 3: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 3

… i t i s because i have stood on the shoulders o f g iants…”

joe pine & kim korn, “authenticity”

& “infinite possibilities”

daniel pink“why right brained

thinkers will rule the future”

reid brownscombe, bmo financial

group

simon sinek “start with why”

roger martin(various works)

sean hayesax dev group

Page 4: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

our journey today…

Page 5: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 5

where are we going today?

Semantics, taxonomies & definitions

What’s changed & why?

What can we do?

Who’s doing it?

Page 6: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

w h e r e w e a r e g o i n g , d e p e n d s o n a g r e e i n g w h e r e w e a r e a t .

setting the table.

Apr 13, 2023 6

Page 7: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 7

(no . no t those 3c ’ s )

the 3c’s of experience

Page 8: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 8

the new 3c’s

customer clientconsumer

Page 9: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 9

the customer

the client

the new 3c’s: an example

the consumer

Page 10: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 10

exper ience i s mu l t i - f ace t .

the 3X’s: pX. sX. clX.

Page 11: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 11

product experience (pX) is about function & utility is what you do

service experience (sX) is about access & ease of

use is about how you do it

life experience (lX) is about emotion & result is about why you do it

the 3X’s

product

service

life

loyalty

size & share

advocation

Customer don’t care about…

Page 12: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 12

simon says…

Page 13: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 13

the formula for cX

product

service

life

what you do. how you do it. why you do it.

Page 14: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 14

you’re doing ok mom.

Page 15: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 16

need . wan t . benefi t .

lX & sX

Page 16: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 17

service experience is: life experience is:

what products & service facilitate

the game trophy

unique

understanding why customers need

products

a journey

about a result

about access to products (24-7)

the ticket to the game

easily replicable

knowledgeable, friendly staff

responsiveness & professionalism

enables a transaction

lX not the same as sX

Page 17: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 18

need a… benefit is…

a home.

to learn.

transport.

to buy the iPad 3.

to follow a dream.

to retire.

to help my kids go to school.

to travel the world.

mortgage.

school loan.

car loan.

credit card.

small business loan.

RRSP

equities & bonds.

loan.

needs vs. benefi ts: a banking example.

what we believe are experiences. what are really experiences.

Page 18: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

t h e g a m e i s n ’ t c h a n g i n g . i t ’ s a l r e a d y c h a n g e d .

the bad news.

Apr 13, 2023 19

Page 19: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

the bad news.

Apr 13, 2023 20

Page 20: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

“What got you to where you

are, may not be enough to get you to where you want to

go.”

warren’s done alr ight. so has marshal l .

Apr 13, 2023 23

Page 21: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 24

Page 22: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 25

the vendor customer relationship has changed.

Page 23: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 26

Page 24: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 27

Page 25: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 28

… and can you blame them?

Page 26: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 29

Page 27: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 30

Page 28: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 31

not so good.

Page 29: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 32

pretty darn good.

Page 30: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 33

but social unrest & change existed before sm…

Page 31: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 34

Page 32: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 35

Page 33: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 36

social technology. authenticity. new economy * .

* J. Pine & J. Gilmore

Page 34: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 37

Where loyalty & engagement is created….

… about staying when things go wrong…

economic model developmentC

om

mod

itizedC

usto

miz

ed

Transformation

©Joseph Pine II & Kim Korn: Infinite Possibility

Commodities

Products

Services

ExperienceBrand

Page 35: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 38

the toughest job.. .

Page 36: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

… w h a t a re w e g o i n g t o d o a b o u t t h i s ?

great…

Apr 13, 2023 40

Page 37: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 41

… there is hope.

Page 38: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 42

people.

Page 39: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 43

want.

Page 40: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 44

meaning.

Page 41: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 45

authentic relationships, are loyal relationships.

Page 42: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 46

If you are authentic, you don't have to say you're authentic.

If you say you're authentic, you better be authentic.

It is easier to be authentic, if you don't say you're authentic.

axioms of authenticity …

Page 43: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 47

Where loyalty & engagement is created….

… about staying when things go wrong…

economic model developmentC

om

mod

itizedC

usto

miz

ed

Transformation

©Joseph Pine II & Kim Korn: Infinite Possibility

Commodities

Products

Services

ExperienceBrand

Page 44: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 48

what is the good l i fe?

Page 45: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 50

it’s o.k.

to say…

no…

to your…

customers.

Page 46: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 52

Page 47: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 53

the ROI…

Page 48: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 54

closed ended questions, get closed ended answers…

would you… will you…

un-engaging questions, get unengaged responses… rate us… on scale of 1-10…

kpi’s, metrics & questions

Page 49: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 55

… but HOW???

Page 50: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 56

recognize the chal lenge.

Page 51: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 57

Page 52: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 58

to be d iff erent , you’ve got to do th ings d iff erent ly

Page 53: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 59

operating & organizational models…

Page 54: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 60

tradit ional models wil l del iver tradit ional returns

Page 55: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 61

si los work for storage not experiences

Page 56: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 62

do you l ike ketchup?

Page 57: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 63

“If you want your employees to drive loyalty, you’ve got to

give them the wheel…”

(Bryan Pearson, CEO LoyaltyONE)

Page 58: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

the way it was the way it is inspire + release diverge + revenue

generate explore + pioneer benchmark yourself

command + control converge + cost cut exploit + optimize benchmark competitors grow customer base

command + control to inspire + release

Apr 13, 2023 64

Page 59: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 65

johnny, the bagger.

Page 60: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 67

the experience eco-system

LIFE DESIGN

EXPERIENCE DESIGN

SERVICE DESIGN

PRODUCT DESIGN

Page 61: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 68

the experience process (as- is)

Why? How? What? Finance.

Marriage Experience

Our customers have a dream. Our customers source the pieces.Our customers figure out how to make it real.

And by this point, the experience has been designed

and financing of it a transaction…

Where the experience occurs.

Where we are

engaged.

Loyalty & Emotion. Transaction & function.

Where decision

are made.

Page 62: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 69

case study

Page 63: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 70

a lot of the old tools, aren’t val id anymore

Page 64: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 72

reptilian brainreactive

fight vs. flight

limbic systememotionslong-term memory

neocortex communication

creativityadaptability

prefrontal lobe

full- spectrum thinking

anticipatory + pro-active

Page 65: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 73

“Asking people why they choose you over another may provide wonderful evidence of

how they have rationalized the decisions, but it does not shed much light on the true

motivation for the decision. It’s not that people don’t know, it’s that they

have trouble explaining why they do what they do.

Decision- making and the ability to explain those decisions exist in different parts of the

brain.”

~ Simon Sinek, Start With Why.

Page 66: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 74

LIFE DESIGN

EXPERIENCE DESIGN

SERVICE DESIGN

PRODUCT DESIGN

Page 67: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 75

i t ’s not about “or’s”

Page 68: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 76

the experience process (could- be?)

Why? How? What? Finance.

Marriage Experience

And we then provide the finances to pay for the pieces.

And as side, generate business for commercial clients, which requires more financing for

them.

Collaboratively, we source the pieces.

Commercial Client

Db

Segmentation &

Tagging

Marriage Experience Home Experience School Experience Baby ExperienceBusiness Experience Retirement Experience Travel Experience

Channel Interface

Our customers come to us to figure out how.

Our customers have a dream.

Page 69: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 77

peop le buy exper iences . they buy why. no t what .

Marriage Experience

Home Experience

School Experience

Baby Experience

Business ExperienceRetirement Experience

Travel Experience

Page 70: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 78

the banking experience as it could be?

Marriage Experience Centre Retirement Experience CentreExperience Theme of the week

Making Money Make Sense Training Centre

Self- Service Centre

Networking Centre

Figuring it all out centre…

Page 71: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 82

i t ’s not a digital or real experience.

Page 72: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023

83

Multiverse: Time-Space-Matter Variables.

©Joseph Pine II & Kim Korn: Infinite Possibility

(Real-time events) (Material substance)

(Physical places)

(Manipulated time)(Digital substance)

(Virtual places)

Page 73: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 84

Source: Stan Davis, Future Perfect (Reading, MA: Addison-Wesley, 1987), p. 5. & p. 92

“My intention in this book is to give new

meaning to time, space, and matter

in shaping tomorrow’s business and

organization. In the industrial economy

managers considered time, space, and

matter as constraints, whereas in the

new economy they will come to think of

them as resources. This will require

profound transformations in the way we

think about time, space, and matter.”

No-Matter: “In the new economy, the

value added will come increasingly from

intangibles. . . whose importance does

not lie in their material existence.”

Time-Space-Matter.

Page 74: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 85

Multiverse: Manipulating the Variables.

(Real-time events) (Material substance)

(Physical places)

(Manipulated time)(Digital substance)

(Virtual places)

©Joseph Pine II & Kim Korn: Infinite Possibility

Page 75: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 86

Multiverse: the 8 Dimensions of Experience

Augmented

Virtuality

Warped Reality

Reality

Alternate Reality

Augmented Reality

Physical Virtuality

Virtuality

Mirrored Virtuality

©Joseph Pine II & Kim Korn: Infinite Possibility

Page 76: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 87

multiverse examples

Page 77: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

i f y o u t a ke n o t h i n g … t a ke t h i s …

so, in summary…

Apr 13, 2023 88

Page 78: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 89

where did we go today?

Semantics, taxonomies & definitions

What’s changed & why?

What can we do?

Who’s doing it?

Page 79: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 90

1.are different “types” of customers & “experiences” require there own engagement model integration with other “types” key

2.loyalty is based on the experience eco-system traditional contract is broken product & service differentiation are no longer

unique get back to basics- be authentic (don’t sell it)

3. cX is not a divisional responsibility breakdown the traditional organizational models provide boundaries, not controls

the takeaways.

Page 80: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

c a s e s t u d i e s

so, who’s doing it?

Apr 13, 2023 91

Page 81: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 92

Page 82: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 94

pike place.

Page 83: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 96

apple.

Page 84: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 97

charmin rest room.

Page 85: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

Apr 13, 2023 101

Page 86: Consumer Trends Conference: cX: Behind the Smoke & Mirrors_vfinal

c o n s u m e r i n s i g h t & t r e n d s p o t t i n g c o n f e r e n c e

1 5 - a u g u s t - 2 0 1 2

t o r o n t o , c a n a d a

c u s t o m e r e x p e r i e n c e :

b e h i n d t h e s m o k e a n d m i r r o r s


Recommended