Magazine

What is an Omni Channel Customer Experience?

Posted on the 10 June 2020 by Revechat @iamabir365

Customer expectations are changing and businesses need to adapt through digital transformation to understand about the customers and their journey. Customer experience is now becoming the key differentiating factor of customers’ decision making process.

Buyers expect customer experience from a brand that extends beyond the store purchase to their smartphone, tablet, and laptop computer. 71% of shoppers who use smartphones for research in-store say that it’s become an important part of the experience.

Omni channel customer experience (CX) is very important to help businesses provide necessary insights on customer interactions and their behavior across their life cycle. The strongest omnichannel customer strategies retain 89% of customers, compared to 33% for companies with weak strategies.

So, how would businesses plan their strategy to deliver superior omni channel customer experience (CX)?

Prior to diving into the omni channel customer experience management process, let us understand what it is and why it matters.

What is omnichannel customer experience (CX)?

Omnichannel customer experience (CX) means streamlining all the customer interactions across multiple touchpoints in a unified way to deliver a consistent brand experience. 9 out of 10 consumers want an omnichannel experience with seamless service between communication methods. 

Omni channel strategy involves a multiple channel approach across sales, customer support, and marketing fucntions. It focuses on delivering a cohesive customer experience irrespective of the channel used customers to reach out to your business. 

If seen from the customer’s standpoint, every interaction with your business should be part of a singular experience. It means it should not be siloed or repetitive. Having a seamless journey across all channels, both online and offline is the key to provide a consistent omnichannel experience.

Omnichannel customer experience platform

Why omnichannel experience (CX) is important for your business?

Great customer experience is the by-product of an effective and well designed omnichannel ecosystem. To achieve it, businesses must understand customer journey across devices and channels. 

As per HBR, “Customers who used more channels were more valuable. They spent an average of 4% more in physical stores and 10% more than online single channel customers.”

Impact of Omnichannel CX - Omnichannel Customer Experience

Here are the key reasons to move towards an omni channel model.

  • Better view on the customer journey: An omnichannel consumer experience strategy gives you a bird’s-eye view of your customer’s journey. The approach streamlines all the interactions under one platform that is visible and trackable so that you can gather insights and take action to improve different aspects of your business.
  • Higher customer retention: Omnichannel CX strategy empowers customers to connect with the brand through their preferred channels by making a smooth transition in the same interaction. It increases satisfaction and acts as the best customer retention strategy
  • Boost customer lifetime value (CLTV): Omnichannel customers are 30% more valuable to your business over the course of their lifetime. The omni CX approach makes getting in touch with the company simple and intuitive. When a business takes the responsibility to deliver a consistent response they also choose your business for a lifetime.

Multi channel vs Omni channel CX: Key differences

There are some obvious differences between the two strategies. According to HubSpot, “All omni-channel experiences will use multiple channels, but not all multi-channel experiences are omni-channel.”

Omni channel vs Multi channel - CX

The key difference is that businesses who manage their customer data with omnichannel approach, streamline all customer interactions under a single platform. It means the planning, purchasing, marketing, customer relationship management seamlessly connects across all your online and offline channels.

On the other hand, in the multi channel approach, every channel is treated individually and is managed in a unique manner by implementing different strategies. Thus, a multichannel strategy does not focus on creating a consistent shopping experience.

Comparing omnichannel vs multichannel helps you to understand how you can integrate the touchpoints together to provide a consistent experience of a unified journey.

8 tips for creating an excellent omnichannel customer experience 

In order to build a good omni channel customer experience, there are different strategies. By implementing the strategies rightly, you get rid of siloed engagements and deliver a better experience. Businesses who make omnichannel customer service as their focal point are able to boost customer satisfaction and retention.

Let us discuss strategic ways of creating a successful omnichannel customer experience management model.

1. Conduct in-depth research in buyer personas

Businesses that do not have a solid customer experience (CX) strategy based on deep customer insights complain that they don’t understand their customers. Alternatively, those who develop omni channel CX plans grounded in a survey, demographic, and behavioral data have much better outcomes.

71% of companies that exceed revenue and lead goals have documented personas.

Customer personas provide tremendous value to your business by representing different segments that make up your target audience. Using data-driven research is the key to understanding who is your target audience and what motivates them to purchase your products and services.

Buyer personas - Omichannel customer experience

The most crucial element of persona’s influence is an improvement to customer experiences. The use of a well constructed persona results in more effective marketing and sales.

Buyer personas can help you to:

  • Improve value propositions align with their desired needs.
  • Increase profits by providing customers with what they are looking for.
  • Provide a better understanding of buyers, their needs, and how to fix them.
  • Create higher lead conversions by aligning your teams around a customer-centric vision.

2. Identify the preferred touchpoints 

“Always remember the old retail adage: Customers remember the service a lot longer than they remember the price.” – Lauren Freedman

Identifying your customer touchpoints enables you to have a better understanding of what your customers are feeling at each stage of their buying process with your company and through different mediums and channels.

customer touchpoints - omnichannel customer experience

Source: Megastore

It gives you insights on what customers expect and how you can exceed those expectations in order to create “WOW Moments”. Once you have identified key points where your customers connect with you, you will be better placed to create enhanced experiences for them and devise effective marketing strategies.

How identifying touchpoints help to improve omnichannel consumer experience:

  • Understand customers and engage their way – Knowing the preferred touchpoints help to to be actively available across the channels for real time assistance.
  • Personalize your interaction – You can personalize your interaction at the identified touchpoints to deliver an excellent customer service experience. 

3. Plot your customer journey map

A customer journey map is a tool that tells the story of a customer’s experience of interacting with your brand. A typical customer journey map begins with the first exposure that the customer has with your brand or product and follows their engagement through to the point of sale and beyond.

customer journey mapping - omnichannel CX

Developing a customer journey strategy begins with mapping the steps the consumer takes on the route to purchase. This mapping process can be complex as customers engage with touchpoints across multiple channels. Increasing the use of mobile and social has also multiplied the number and frequency of contacts during a typical journey.

Applying analytics to the customer journey map can help your business better understand customer interactions and bridge the gap between devices and channels for more unified and satisfying customer experience.

4. Use the right tools to deliver a seamless experience

It is not possible to deliver seamless experiences across diverse touchpoints without the right technology to enable it. Going further building the right technology stack to deliver a seamless experience across channels is important to deliver omnichannel user experience.

From a customer being able to switch between your mobile app and a chat with a bot smoothly, businesses need to use the right tools & technology that allows data flow at ease in real-time, to serve customers on their preferred touchpoints.

Key tools that can be used to enhance omnichannel customer experience at different touchpoints.

  • Chatbots – Deploy chatbots to engage with customers 24×7 and provide real time answers for simple queries.
  • Live chatProvide real time assistance to the sales and support related queries with live chat and improve customer satisfaction.
  • Live engagement tools With co-browsing, collaborate with your customers by sharing their browsers to guide them through a complex form fill up. Identify the issue faster and deliver personalized solutions via video chat. 

By using the right tools & technology, you can engage with customers in real time and provide them effective solutions. You can improve your relationship with existing customers and increase brand loyalty. 

5. Analyze customer feedback

Customer feedback is a blessing in disguise for businesses as it brings in golden opportunities that can help you to improve the omnichannel customer journey. Delivering superior service means delivering real time support by being where your customers are and giving them an easy way to share feedback. 

Omni channel customer service approach allows brands to engage with customers through every channel and capture feedback at every customer touchpoint. The different ways to ask customer feedback are website, social media, emails, in-app, reviews, etc. 

Here is how analyzing customer feedback can improve the omni channel CX.

  • Use customer feedback to develop an in-depth understanding of your customers to serve them better.
  • Implement a system to help you collect feedback, analyze it, and act on it regularly
  • Reduce friction and solve your customers’ specific problems and challenges

6. Use the right balance of automation and human support

One vital aspect of omnichannel customer experience management is the right balance of automation, and human understanding: Customers expect brands to understand them with intelligent technology along with authentic and empathetic human experiences. 

Choosing the right approach needs a deep understanding of using live chat vs chatbot by learning the pros and cons of both channels. The balanced support approach manages the resources on priority tasks. You can use chatbots at the primary stage and put human support for complex conversations.

Designing both into the overall customer service experience design helps maintain the appropriate balance, which can become a real differentiator for the brand. Knowing when a conversation needs to move from a bot to a human, for example, knowing when to appease an angry customer with an apology versus an offer, and so on. is how the balance manifests.

7. Measure the gaps of fragmented experience

Identifying the gaps in fragmented experiences is a vital part of improving omnichannel customer experience. Delivering better CX is always work in progress and as customer habits keep evolving, so should be the experience brands aim to deliver. 

Earlier, the concept of providing customer service over social media didn’t exist. And today, it is one of the major platforms to provide immediate assistance to customers while also scoring brownie points in full view of the entire customer community.

Measuring the gaps provides you insights on what actually your customers are looking for and takes the right steps of improvement to deliver a better omnichannel experience. 

Pro tip:

Keep an eye out for any data gaps between various channels, as that may force customers to refer to different sources or channels for one purpose, making them lose time, causing inconvenience and ultimately spoiling their overall experience.

8. Develop effective self service options for customers

Businesses are recognizing the benefits of self service portals for improving the overall brand experience. As customers want instant answers to their questions or problems. In fact, response time is the most important attribute of the customer experience.

Response time as the key CX attribute - Omnichannel customer experience

Self service portals provide customers with instant access to information and save valuable time and business resources. 67% of customers prefer to use self-service options instead of speaking with a company representative

You can create a content hub in the form of tutorials, manuals, videos to help customers to solve their problems on their own. Here are the key benefits of self service portals:

  • Use personalized information – The self service portal can maintain a record of the products or services purchased and display what is relevant to them. You can identify customer issues and take adequate steps to address them.
  • More positive recommendationsSuch portals help to strengthen brand reputation by creating positive client interactions.
  • Educate customersYou can expand your customers’ knowledge & skills they require for solving other similar issues in the future. 

Examples of omni channel customer experience (CX)

At its core, omnichannel CX refers to brands that have the approach to deliver an integrated shopping experience. The customer has a seamless experience of easy transition from shopping online on a desktop or mobile device, to the phone, or a brick-and-mortar store. Omni CX fosters a greater sense of familiarity with the brand, which impacts positive brand image and retention rates.

Here are two examples of innovation in the way to deliver a great omni channel consumer experience. 

#1. Omni channel customer experience example – Crate & Barrel

Crate & Barrel understood the fact that usually consumers switch through several different devices prior to completing purchases. They moved to omnichannel settings to capitalize on the customer behavior of the toggling to devices.

Whenever a customer is logged into their account, the app saves their shopping cart and browsing data so they can access this information across multiple devices. It helped customers to take up where they left off in the shopping process, and Crate & Barrel has reaped great returns and delivered great omni channel shopping experience.

Achievements

  • Crate & Barrel’s implementation of an omnichannel customer experience strategy resulted in a 10% revenue increase from the newly improved mobile and web stores. 
  • Going further in the path of innovation, they released their 3D Room Designer feature, allowing consumers to virtually place an item into their home before purchasing.

#2. Omni channel CX example – Oasis fashion

Oasis, a highly acclaimed UK based fashion retail brand operates online as well as physical stores globally. It was really impressive that they integrated both online and offline stores together to provide an all-round omnichannel shopping experience to its customers.

The store realized the core part of moving to omnichannel approach was to 

  • Figure out all the online and offline places your customers hang out.
  • Create touchpoints in the identified places and make the touchpoints shoppable.

And their touchpoints were not just the stand-alone sales or support channels. They integrate with each other to bring a more unified experience.

Key learnings:

  • Make things as simple as possible for your customers. Oasis separated out their personal shopping section of their site into occasions to attract their customers to explore the section a more.
  • Use social media to encourage your customers. Oasis encouraged exploration of their site through their social channels. They used specific product item codes to entice users to explore more about each product. 

Final thoughts on why omni channel customer experience is so crucial

Omnichannel CX makes communication smooth across multiple channels to help customers improve their experience. Customers are viewed as the ones in power, telling businesses what they need rather than being told by businesses they need for their product or service. Great customer experience management focuses on personalizing every customer experience and keeping customer retention high.

When customer satisfaction improves, word spreads quickly between friends, family, and social media, encouraging other people who never knew of these possibilities to reach out to your business.


Back to Featured Articles on Logo Paperblog