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ACE IT!Harnessing the Power of Amazing Customer Experiences to Drive Sales & Growth in the New Economy
November 2010
My Story ...
DYSLEXIC
UNIVERSITY DROP OUT
BUSINESS BUILDER
GLOBAL TRAINER
ENTREPRENEUR
AUTHOR
AWARD WINNING COACH
SALES & MARKETER
INTERNATIONALSPEAKER
Put Customer Experience at the HEART
My GUARANTEE to you today ...
The Things on your Mind
£
The ONLY Constant in Business is...
Yesteryear (AKA the “Good Old Days”)
£
The Reality Today
£
Bad customer service news travel FAST!
OLD ECONOMY NEW
ECONOMYDissatisfied World
call 10 peopleThousands in
seconds
The New Economy Search Engine
United Airlines Vs David Carroll
In Short…
THE GAMEHAS CHANGED
We are ALL Global Broadcasters!
Customers WANT Choice and Control over their Experience
Opportunity is…
NOWHERE
NO WHERE
NOW HERE
The Key Factors
£
s
Introducing A.C.E.
A CE
s
Results
Behaviour
Emotion
Focus
What Makes A.C.E. Tick..?
3 Reasons to Deliver Amazing Customer Experiences (ACE)
sA C E
Emotional Connection
Financial Transaction
Strong Value Bond
Potential Raving Fan
Why Survey Your Customers?
Real Life Client Story ...
s
Business Tetris
new customers“Expensive”
loyal customers
“Profitable”
MYTH
Myth Busting – Why Customers Leave ...
£Customers leave because of price!
TRUTH
68% Don't Care 14% Product9% Price 9% Other
Customers leave because of PERCIEVED indifference!
Recent Data from Research Company Maritz
49%
16%
3%
41%
10%
7%
58%
33%
9%
Retentio
n
Recom
mend
Cross
sell
EmotionallyConnected
FunctionallySatisfied
Unfulfilled
Creating a functional / Emotional framework
Functional
Em
oti
on
al
Trust
Care
Forgiveness
Pride
Fulfils Needs
Reliable
Better than
Market “WOW!”
Let Customers Connect with Your Brand
s
See the Emotional Response!!
s
How do Different Brands Compare …
RetailUnfulfilled Emotionally connected
How do Different Brands Compare…
BankingUnfulfilled Emotionally connected
Sale made every 5 Seconds, 85% Referred in last 3 months, Saving £150 Acquisition Cost, 92% Very Happy & 50% Less Staff Turnover!
How Would You Define Your Service?
s
What’s Your Best Example?
The 5 Modalities of Customer Engagement
s
Modality 1 - Visual
First Impressions Count – BIG Time
Think about ALL areas of your Business
Create a Real “WOW” Environment!
s
Create an Environment for Commitment
s
Focus on the Right things …
The 5 Modalities of Customer Engagement
s
Modality 2 - Auditory
Real Life Client Story ...
The 5 Modalities of Customer Engagement
s
Modality 3 - Kinesthetic
Even Buying Can be ACE!
The 5 Modalities of Customer Engagement
s
Modality 4 – Gustatory
The 5 Modalities of Customer Engagement
s
Modality 5 – O Factory
Change the Status Quo!
Emotions Customers Need to Feel!
Safe Valued Cared For
Trusted Focused On Missed
Why “ACE” Experiences Pay off
Pro
fit
ProfitIs a Direct Result of Repeat Customers
Emotion Destroyers that Kill Profits
Stress
Frustration
Disappointment
Unhappy
Hurried
Irritated
3 Reasons to Deliver Amazing Customer Experiences (ACE)
sA C
E
Emotional Connection
Financial Transaction
Strong Value Bond
Potential Raving Fan
“If your business requires Success before Commitment, it will never have either!”
Seth Godin Author of Tribes …
Stay Connected with Me…
www.TwitterPaulAvins.com
www.Facebook.com/paulavins
www.Linkedin.com/paulavins
www.PaulAvinsBlog.com
www.Paul-Avins.com
www.Slideshare.net/paulavins