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Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
The Advocacy BluePrint:
Building Innovative Experiences That
Transform Customers Into Advocates
Bill Hobbib, VP Customer Experience
bill.hobbib@oracle.com
Linkedin: linkedin.com/in/billhobbib
Oracle Confidential – Internal/Restricted/Highly Restricted
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted
70% of Fortune 500 firms in
1990 are gone today, and 50%
are gone since 2000
Very few retailers survive
beyond a decade
Iconic brands disappear
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
The buyer is in control.
(But you‘re often still marketing and
sellingas if this wasn’t true.)
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Today, Everyone Wants to be Customer-Centric.
A Few Companies Actually Get It.
“Companies were in control up until 2000.
But now the customer is in the driver’s seat.
If you embrace that, you will thrive.
If not, then by 2020, you will not survive.”
Oracle Confidential – Internal/Restricted/Highly Restricted 5
— Jamie Nordstrom
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
The Ultimate Reward: Advocate Customers
Oracle Confidential – Internal/Restricted/Highly Restricted 6
They Spend More…
Spend 2Xas much as regular customers
And Stay Longer…
5X greater lifetime value
But Most Companies Never Get
There…
of customers cite no
relationship with a brand.
— Harvard Business Review
77%
Growth
(indexed)
Years
5 10 15 20 25
100
200
300
400
500
Loyalty Leader
Average
Net Promoter Relationship to Growth
Source: Bain & Company: How is Net Promoter Score℠ related to growth?
They Help You Grow Faster…
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Revenue Upside Potential From Doing This Well
$1.6 billion
wireless service provider
$1.4 billion
airline
$ 825 million
credit card provider
Source: Forrester, “The Business Impact Of Customer Experience” (March 2014)
11% higher hotel rate for 1-point swing in travel
review rating
46% more revenue/room for 4+ hotel vs 3 rating
$14,099 average lifetime value of loyal
premium coffee chain customer
$10,000+: lifetime NPV of loyal
affluent retail banking customer
Sources: Cornell University School of Hotel Administration, “The Impact of Social
Media on Lodging Performance,” Kissmetrics, “Calculating Lifetime Value”, Bain
“Customer Loyalty in Retail Banking
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted
Yet Many Companies Still Fall Short. Why?...
The Customer Experience is Broken.
of customers have discontinued
communication with a company because
of irrelevant promotions and messages.
— Blue Research
94%
It’s Transactional
of customers don’t receive a
consistent experience across
channels.
— Accenture
78%
It’s Fragmented
82%
Departments Struggle to Bring
Together Customer Data
of enterprise marketers have
no synchronized view of
customer data.
– Forrester
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Time to Take a Different Approach
Oracle Confidential – Internal/Restricted/Highly Restricted
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |Oracle Confidential – Internal/Restricted/Highly Restricted 10
Source: Corporate Visions
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 11
Getting millions of consumers to engage with their brand
Support 400 Social channels globally, with 500 people touching social daily around the globe to improve customer care,
build GM’s brand, support corporate reputation. “Customers don’t care about our org chart—they just care about
getting answers as quickly as possible. We can’t win doing this in individual silos—we need to look like one team, one
GM…Being in social is not an option…ROI tough to measure in dynamic business…corollary to ROI is Cost of Ignoring.”
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Interactive gaming company
Delivering service where their customers are—within the game
Oracle Confidential – Internal/Restricted/Highly Restricted 12
Customers access service directly from game. Company walks fine line between responding directly to
game character, or determining issue is severe enough to respond to “Customer”. Service during
product launch ramps from zero to millions of transactions.
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Sports-branded clothing retailer
Oracle Confidential – Internal/Restricted/Highly Restricted 13
Solve problem of separate sites/silos for online, mobile, in-store.
Personalized customer experience based on vast number of variables (behavior, gender, geo location,
purchase history). CSRs have real-time insight into customer lifetime value. Segment-specific emails,
targeted landing pages, menu options, product recommendations.
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Data storage systems company
Oracle Confidential – Internal/Restricted/Highly Restricted 14
Storage appliances self-diagnose issues. When problem diagnosed, device captures all appropriate
diagnostics, searches knowledge, automatically creates a case, routes to engineer. Engineer has all of
the solutions – can just request permission from customer to apply
Proactive service for data center storage appliances
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Customer Advocacy Blueprint
Oracle Confidential – Internal/Restricted/Highly Restricted
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
10 Steps Toward Customer Advocacy
Gain most complete view
of customer & employee
data, connect silos
16
Excel at individual
interactions
INSIDE OUTOUTSIDE IN
Provide connected,
personalized journeys
and customer intimacy
Engage customers via
multiple channels
Make it easy to do
business with your
company
Proactively listen to
voice of customer and
include in innovation
Rethink customer service
metrics
Involve and engage
employees in all steps of
the process
Assess cross-org
performance around
engaging customers
Institute cultural change
around customer
obsession
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Oracle’s Viewpoint of Innovation
Oracle Confidential – Internal/Restricted/Highly Restricted 17
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Your customer’s journey could be like this…
18
2. Tailor my engagement
based on all interactions
3. Personalize best offer for
my budget and needs
4. Keep the transaction
process simple
7. Anytime/anywhere
customer care
8. Listen and share my experiences
1. Provide me with relevant and
timely content and offers
5. Flawless and
on time delivery
6. Personalize timely and
relevant recommendations
Attract &
Nurture
Engage &
Close
Support &
Listen
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 19
Oracle Customer Experience Suite
Oracle
Marketing
Integrated Customer Experience Foundation
Social
Collaboration
Mobile Integrations
Oracle
Sales
Oracle
CPQ
Oracle
Commerce
Oracle
Service
Analytic KPIs
Dashboards
Predictive
Analytics
Oracle
Social
Industry Solutions
The Complete Customer Experience Platform
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
EXPERIENCE
MANAGEMENT
REPORTINGSITE SEARCH &
NAVIGATION
RESPONSIVE
DESIGN
PREVIEW PROMOTIONS &
RECOMMENDATIONS
COMMERCE &
PROMOTIONS
CATALOG & PRODUCT
MANAGEMENT
CONTENT
MANAGEMENT
AGENT FACING
TOOL
Commerce Cloud
All the commerce features you need
to attract, convert, and retain customers.
Reimagined for the Cloud
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 21
Excel at individual interactions
Deliver connected, personalized journeys across all channels
Connect cross-org processes & customer data, eliminate silos
Implement cultural change around customer obsession
OUTSIDE
IN
INSIDE
OUT
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Putting This Into Action
How are you innovating and building your unique competitive advantage with
customer experience?
Oracle Confidential – Internal/Restricted/Highly Restricted 22
Understand what journeys drive revenue, loyalty and advocacy—and nail them!
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Oracle OpenWorld 2015 – Registration Now Open
• October 25-29, 2015, San Francisco, CA
• Largest convergence of business and IT
– Combining education, engagement, collaboration and
experience on today’s hottest topics
• 99.5% of attendees said Oracle OpenWorld delivers
on their objectives
• Early Bird rate available now through Aug. 16, 2015
Oracle Confidential – Internal/Restricted/Highly Restricted 23
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Discussion/Questions
Oracle Confidential – Internal/Restricted/Highly Restricted 24
Email: bill.hobbib@oracle.com
Linkedin: linkedin.com/in/billhobbib
Twitter: bhobbib

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The Advocacy BluePrint: Building Innovative Experiences That Transform Customers Into Advocates

  • 1. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | The Advocacy BluePrint: Building Innovative Experiences That Transform Customers Into Advocates Bill Hobbib, VP Customer Experience bill.hobbib@oracle.com Linkedin: linkedin.com/in/billhobbib Oracle Confidential – Internal/Restricted/Highly Restricted
  • 2. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted
  • 3. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 70% of Fortune 500 firms in 1990 are gone today, and 50% are gone since 2000 Very few retailers survive beyond a decade Iconic brands disappear
  • 4. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | The buyer is in control. (But you‘re often still marketing and sellingas if this wasn’t true.)
  • 5. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | Today, Everyone Wants to be Customer-Centric. A Few Companies Actually Get It. “Companies were in control up until 2000. But now the customer is in the driver’s seat. If you embrace that, you will thrive. If not, then by 2020, you will not survive.” Oracle Confidential – Internal/Restricted/Highly Restricted 5 — Jamie Nordstrom
  • 6. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | The Ultimate Reward: Advocate Customers Oracle Confidential – Internal/Restricted/Highly Restricted 6 They Spend More… Spend 2Xas much as regular customers And Stay Longer… 5X greater lifetime value But Most Companies Never Get There… of customers cite no relationship with a brand. — Harvard Business Review 77% Growth (indexed) Years 5 10 15 20 25 100 200 300 400 500 Loyalty Leader Average Net Promoter Relationship to Growth Source: Bain & Company: How is Net Promoter Score℠ related to growth? They Help You Grow Faster…
  • 7. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | Revenue Upside Potential From Doing This Well $1.6 billion wireless service provider $1.4 billion airline $ 825 million credit card provider Source: Forrester, “The Business Impact Of Customer Experience” (March 2014) 11% higher hotel rate for 1-point swing in travel review rating 46% more revenue/room for 4+ hotel vs 3 rating $14,099 average lifetime value of loyal premium coffee chain customer $10,000+: lifetime NPV of loyal affluent retail banking customer Sources: Cornell University School of Hotel Administration, “The Impact of Social Media on Lodging Performance,” Kissmetrics, “Calculating Lifetime Value”, Bain “Customer Loyalty in Retail Banking
  • 8. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted Yet Many Companies Still Fall Short. Why?... The Customer Experience is Broken. of customers have discontinued communication with a company because of irrelevant promotions and messages. — Blue Research 94% It’s Transactional of customers don’t receive a consistent experience across channels. — Accenture 78% It’s Fragmented 82% Departments Struggle to Bring Together Customer Data of enterprise marketers have no synchronized view of customer data. – Forrester
  • 9. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Time to Take a Different Approach Oracle Confidential – Internal/Restricted/Highly Restricted
  • 10. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |Oracle Confidential – Internal/Restricted/Highly Restricted 10 Source: Corporate Visions
  • 11. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 11 Getting millions of consumers to engage with their brand Support 400 Social channels globally, with 500 people touching social daily around the globe to improve customer care, build GM’s brand, support corporate reputation. “Customers don’t care about our org chart—they just care about getting answers as quickly as possible. We can’t win doing this in individual silos—we need to look like one team, one GM…Being in social is not an option…ROI tough to measure in dynamic business…corollary to ROI is Cost of Ignoring.”
  • 12. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Interactive gaming company Delivering service where their customers are—within the game Oracle Confidential – Internal/Restricted/Highly Restricted 12 Customers access service directly from game. Company walks fine line between responding directly to game character, or determining issue is severe enough to respond to “Customer”. Service during product launch ramps from zero to millions of transactions.
  • 13. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Sports-branded clothing retailer Oracle Confidential – Internal/Restricted/Highly Restricted 13 Solve problem of separate sites/silos for online, mobile, in-store. Personalized customer experience based on vast number of variables (behavior, gender, geo location, purchase history). CSRs have real-time insight into customer lifetime value. Segment-specific emails, targeted landing pages, menu options, product recommendations.
  • 14. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Data storage systems company Oracle Confidential – Internal/Restricted/Highly Restricted 14 Storage appliances self-diagnose issues. When problem diagnosed, device captures all appropriate diagnostics, searches knowledge, automatically creates a case, routes to engineer. Engineer has all of the solutions – can just request permission from customer to apply Proactive service for data center storage appliances
  • 15. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | Customer Advocacy Blueprint Oracle Confidential – Internal/Restricted/Highly Restricted
  • 16. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 10 Steps Toward Customer Advocacy Gain most complete view of customer & employee data, connect silos 16 Excel at individual interactions INSIDE OUTOUTSIDE IN Provide connected, personalized journeys and customer intimacy Engage customers via multiple channels Make it easy to do business with your company Proactively listen to voice of customer and include in innovation Rethink customer service metrics Involve and engage employees in all steps of the process Assess cross-org performance around engaging customers Institute cultural change around customer obsession
  • 17. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle’s Viewpoint of Innovation Oracle Confidential – Internal/Restricted/Highly Restricted 17
  • 18. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | Your customer’s journey could be like this… 18 2. Tailor my engagement based on all interactions 3. Personalize best offer for my budget and needs 4. Keep the transaction process simple 7. Anytime/anywhere customer care 8. Listen and share my experiences 1. Provide me with relevant and timely content and offers 5. Flawless and on time delivery 6. Personalize timely and relevant recommendations Attract & Nurture Engage & Close Support & Listen
  • 19. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 19 Oracle Customer Experience Suite Oracle Marketing Integrated Customer Experience Foundation Social Collaboration Mobile Integrations Oracle Sales Oracle CPQ Oracle Commerce Oracle Service Analytic KPIs Dashboards Predictive Analytics Oracle Social Industry Solutions The Complete Customer Experience Platform
  • 20. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | EXPERIENCE MANAGEMENT REPORTINGSITE SEARCH & NAVIGATION RESPONSIVE DESIGN PREVIEW PROMOTIONS & RECOMMENDATIONS COMMERCE & PROMOTIONS CATALOG & PRODUCT MANAGEMENT CONTENT MANAGEMENT AGENT FACING TOOL Commerce Cloud All the commerce features you need to attract, convert, and retain customers. Reimagined for the Cloud
  • 21. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 21 Excel at individual interactions Deliver connected, personalized journeys across all channels Connect cross-org processes & customer data, eliminate silos Implement cultural change around customer obsession OUTSIDE IN INSIDE OUT
  • 22. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | Putting This Into Action How are you innovating and building your unique competitive advantage with customer experience? Oracle Confidential – Internal/Restricted/Highly Restricted 22 Understand what journeys drive revenue, loyalty and advocacy—and nail them!
  • 23. Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | Oracle OpenWorld 2015 – Registration Now Open • October 25-29, 2015, San Francisco, CA • Largest convergence of business and IT – Combining education, engagement, collaboration and experience on today’s hottest topics • 99.5% of attendees said Oracle OpenWorld delivers on their objectives • Early Bird rate available now through Aug. 16, 2015 Oracle Confidential – Internal/Restricted/Highly Restricted 23
  • 24. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Discussion/Questions Oracle Confidential – Internal/Restricted/Highly Restricted 24 Email: bill.hobbib@oracle.com Linkedin: linkedin.com/in/billhobbib Twitter: bhobbib