Chapter 7 Insight Into Emerging Trends in Customer Service Objectives Gain insights to customer turn offs Importance of personalization Social/economic shifts Interactivity options Remaining Consistent Customer Service, 5e Paul R. Timm 2 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Areas of change that have had an impact on customer service and loyalty: personalization technology Customer Service, 5e Paul R. Timm globalization 3 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. “One-to-One” Personalization Track individual preferences Customer Service, 5e Paul R. Timm Poll customers 4 Customize services © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. One-to-One with Internal Customers “Cafeteria” Style Benefits Customer Service, 5e Paul R. Timm Build longterm relationships 5 College tuition assistance © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Social and Economic Shifts Impacting Customer Service for the Future Work force increasingly diverse Shifting social conditions Going Green Customer Service, 5e Paul R. Timm 6 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Hispanic Population Spanish Customer Service, 5e Paul R. Timm Changing Jobs is Common Gender Aging Mobility Diversity Recognize Changing Demographics Babyboomer generation 7 Women: workforce © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. New Interactive Options Unique needs addressed Interactive Affordable Easier Customer Service, 5e Paul R. Timm 8 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Electronic Future of Marketing Internet Shopping Virtual Reality Shopping Interactive TV Customer Service, 5e Paul R. Timm 9 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Some things remain consistent Caring Customer Service, 5e Paul R. Timm Concern 10 Competence © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Demand for Fair Value Fairness Good value Customer Service, 5e Paul R. Timm 11 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Examples of “bad profits” Inflated shipping charges Excessive penalties for changing services High premium prices Customer Service, 5e Paul R. Timm 12 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Satisfy Individual Customer Needs and Wants What makes the customer choose which business to buy from? To what degree are choices based on quality, price, or convenience? How do you decide where to buy clothes, groceries, automobiles, etc.? Customer Service, 5e Paul R. Timm 13 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Create Promoters Net Promoter Score Customer Service, 5e Paul R. Timm 14 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Apply Relationship Marketing Customer’s don’t expect great customer service yet. Customer Service, 5e Paul R. Timm 15 © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved. Gain Customer Share; Not Market Share Customer Share Customer Service, 5e Paul R. Timm Vs 16 Market Share © 2011, 2008, 2005, 2001 Pearson Higher Education, Upper Saddle River, NJ 07458. • All Rights Reserved.