Report: The Future of Customer Experience Insights
December 16, 2014 1 Comment
We published a Temkin Group report, The Future of Customer Experience Insights. The report identifies five trends that will redefine the value and role of customer feedback and insights. Here’s the executive summary:
Although most organizations describe their voice of the customer program as a success, we’ve found that companies do not get nearly the value they should out of these efforts. VoC programs currently suffer from bloated surveys, isolated datasets, and outdated technology. Our research into leading practices uncovered five trends that will redefine how customer insights teams operate: 1) Deep empathy, not stacks of metrics, 2) Continuous insights, not periodic studies, 3) Customer journeys, not isolated interactions, 4) Useful prescriptions, not past descriptions, and 5) Enterprise intelligence, not customer feedback. As companies embrace these new capabilities, insights teams will need to build new skills. The report includes a readiness checklist for companies to assess their current customer insights efforts.
Here’s an overview of the five customer insights trends:
The bottom line: It’s time to revamp your customer insights efforts.
I found especially interesting the Insight: “continuous insights, not periodic studies.” Companies really need continuous feedback, so many hold onto customer descriptions that are no longer valid. In some cases, have not been valid for years! I have even found that some of my clients only look for data that backs up their customer descriptions, mostly as a protection against change.