Insight driven decision - Insight-driven decision making: Vision Critical
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Asia Pacific Asia Pacific Insight driven decision making: Insight-driven How top brands uncover decision making: market opportunities using How top brands uncoverongoing market opportunities customer feedback using ongoing customer feedback
Over 700 of the world’s top brands rely on Vision Critical to help them build better customer relationships
The competitive advantage of building relationships with your customers Insight-driven brands are setting the pace of business today. According to Forrester, this new class of companies is growing faster than the average global GDP. Collectively, they are set to make $1.8 trillion annually by 2020*. Recognising the importance of becoming insight-driven, companies around the world are investing billions of dollars in data collection and analysis. The catch? Many of these companies have confused being data-driven with being insight-driven. Having more data doesn’t necessarily mean you have insight. There is a profound delta between companies that identify as insight-driven and those that are. To be truly insight-driven, companies need to develop an on-going, authentic understanding of customers as they evolve over time and take action on delivering genuine value to the end-consumer. From our perspective, a relationship-based approach to gathering insight is what’s needed to change your DNA and succeed as an insight-driven brand. What we’ve seen is the ability to collect data and share insight across the company in an agile and scalable way, is proving to be a true competitive advantage. So who’s doing it well? Within this ebook we’re excited for you to read in-depth examples of how the best brands across Asia Pacific have taken a relationship-based approach to customer intelligence to deliver value for their brand. Read their stories to learn how you can drive business growth across regions, industries and initiatives with customer intelligence as your secret weapon. *Hopkins, McCormick & Schadler (2017), Forrester Research, Insights-Driven Businesses Set The Pace For Global Growth, p.2 visioncritical.com | 01
CONTENTS Fo rewo rd 01 The competitive advantage of 04 Media & Entertainment | Marketing building relationships with Learn how Southern Cross Austereo your customers drives growth and business value through insight 08 Technology | CX & Innovation 12 FMCG | Marketing Learn how Telstra adapted to Learn how the George Weston a monopoly market shift and Foods’ bakery business found delivered a 30-point increase in NPS growth in a mature category 16 Insurance | Digital Innovation 20 Gambling Entertainment | Innovation Learn how AXA Philippines Learn how TAB saw 50 percent decreased service centre enquiries customer adoption within three by 42 percent months of product launch
24 Tech | Product & Marketing 26 Banking | Customer Experience Learn how carsales used Learn how Bendigo Bank support contextualisation and segmentation customer-led decision making in to fine-tune the seller experience real-time 28 Media & Entertainment | CX 30 Telco | B2B Marketing Learn how the ABC expanded their Learn how PLDT Enterprise weekly reach by 500,000 maximised business gains through Australians year-on-year insight-driven strategies 32 Banking | Product Innovation 34 Media & Entertainment | Marketing Learn how BankVic expanded its Learn how Fairfax are winning the portfolio by tapping into the First CX race with data integration and Home Buyer market audience segmentation visioncritical.com | 03
Media & Entertainment Advertising, Marketing, Customer experience From data-silo to revenue-engine How Southern Cross Austereo drives growth and business value through insight Southern Cross Austereo (SCA), leading radio and TV distributor in Australia, connects with up to 95 percent of Australians each week. With increased saturation in the market, SCA has shifted its focus on ensuring content cuts through the noise by bringing the voice of its audience to the centre of decision-making. Across five insight communities, SCA has been able to measure brand awareness, shifts in perception and generate actionable insight to safeguard investments from third-party advertisers. By monetising insight from their communities, SCA saw over $15 million in revenue in 2017. Over 18 point 12 teams $3 m $15m increase in leverage in research in ad revenue NPS for the community savings per in 2017 Hit Network insight year Southern Cross Austereo | 04
Our insight communities sit within the centre of the business and it’s those insights that drive the business forward. - Grant Blackley, CEO Company Overview Finding the In one example, SCA research 78 member segments signal in the noise undertook a perceptual to ensure each station Led by the Triple M study for an insurance continuously delivers music and the Hit Networks, With increased saturation in in line with current trends. client to understand path- Southern Cross Austereo (SCA) the market and unparalleled SCA engages listeners on a to-purchase as well as the owns 78 radio stations across avenues of communication weekly basis to understand barriers to the brand. With metropolitan and regional available, Southern Cross sentiment around the top insight from the community Australia and represents Austereo (SCA) recognised 25 song hooks in rotation. highlighting a mismatch an additional 34 regional the need to deliver content By gaining feedback in between brand awareness that resonated with target radio stations. Broadcasting and brand understanding, real-time, music directors audiences and allowed the insurance brand was able use weekly community 86 free to air TV signals advertisers to get the most insight to ensure the right in regional Australia, to tweak its messaging and out of each channel. songs stay in rotation and SCA cumulatively strategy to create a better With one of SCA’s core focuses brand connection. As soon as the wrong ones are taken connects with up to to understand the attitudes, the campaign went live, SCA out of the mix. In this way, 95 percent of Australians emotions and interests of iterated market perception in SCA has created a virtuous every week through their audience beyond a real-time, tracking community cycle of loyal listeners, free-to-air TV stations, transactional level, SCA responses to the campaign ensuring they deliver their national radio networks, established five communities, and measuring corresponding customers the music they and digital assets. engaging both regional and shifts in audience sentiment. like, recommended by them. metropolitan listeners across Continuously engaging Across five insight 78 member groups, totalling listeners and responding in communities, SCA has over 123,000 members. real-time has seen a significant developed a unique With over 12 internal teams methodology for measuring impact on the Net Promoter The single biggest leveraging community insight, community members brand awareness, perception Score (NPS) of two of SCA’s driver of success movements and actionable most popular radio stations, continually influence music, Triple M Network and the for us is around outcomes created by marketing, content, advertising in any main Hit Network. Triple M NPS insight-led ideation and advertising across the business. media. By monetising increased by 5.7 points and - the insight we insight generated from its the Hit increased by 18 points. communities, SCA accrued gather from our Monetising insight for $600,000 brought in by communities is advertising revenue the insurance campaign, critical for us to go SCA supports advertising contributing to an overall spend by testing all stages revenue generation of over back to advertisers of the campaign process $15 million in 2017. with genuine within the communities - from conducting market, Predicting trends and customer solutions. industry and consumer boosting customer studies to creative testing, experiences - Brian Gallagher, brand tracking and campaign To keep on pulse of music Chief Sales Officer effectiveness studies. preferences, SCA leverages Why is Vision Critical SCA’s secret weapon? Deliver audience- Tap into hard to Fine-tune advertisements focussed content to reach audiences, in real-time with iterative keep a finger on the pulse across multiple radio customer conversations of evolving interests networks after launch visioncritical.com | 05
Elevating the role of insight across the C-suite John Musgrove, Head of Research John has pioneered insight-driven decision making across the organisation over the last 13 years. Leading a 25-member strong research team, John consistently strives to deliver valuable, agile insight across the organisation. With 40 years in the media industry, John has transitioned from sales into research believing, to truly deliver value to the end customer you need to know the ‘why’ behind the ‘what’ of consumer behaviour. There needs to be a shift in mindset for research teams to be proactive instead of reactive, ensuring customer insight is at the forefront of business strategy. Tell us about SCA’s a large and diverse media over the ‘how’, it’s important and support our teams journey towards organisation, our to communicate insight in to be bold, courageous challenge is in connecting a way that demonstrates and keep exploring. Going customer centricity. a very broad range business value. beyond the silos comes Our mandate to be of stakeholders. from the DNA in your If I could share one customer-led has always team culture. Gaining traction anecdote for success here, stemmed from the top. it would be to give your What’s next on One story I love on the across the business, team a voice. The last two power of customer insight especially with the the journey? years has seen a dramatic came from our CEO on C-suite, is a common I am a true advocate change in our impact by the launch of the iPod. for the power of insight At the time, headlines challenge for any championing the value of insight from the bottom-up. communities. The future suggested the iPod was department. Can of insight communities, for set to kill radio audiences. you share your Could you offer high quality responses, will However, on speaking to experiences? some tips on how be aggregating smaller our audience directly, we communities under found most were listening It is, and remains a key researchers can take challenge. Pragmatically umbrella brands. I think to radio more to find music insight beyond the smaller the passion they wanted to purchase. and historically, ‘research’ is typical silos? seen as very ‘dry’, so it’s point, the greater the The audience was right, the engagement. Converse always a challenge to get Research is in a very, experts were wrong. to how that might come people excited about the very exciting place We’ve worked with Vision value of insight. In my these days. It’s changing across, I think every Critical for eight years, experience, and morphing, so that brand’s focus should be on and continue to prove the way to demonstrate means you get to explore engaging entire customer out the value of insight- value to the C-suite is to as widely as you can. bases through insight driven decision making. be agile and solutions Proactivity is your best communities - millions From content to sales to focussed. There needs friend; it’s over to you to of customers, broken up marketing, our 123,000 to be a shift in mindset look for a great study or into smaller sub-groups community members for research teams to opportunity and then share that deliver targeted value across 78 member groups be proactive instead of back often to people and to the brand. It’s about provide weekly insight reactive, ensuring customer stakeholders who could understanding your to ensure we stick to our insight is at the forefront of potentially benefit from it. customers deeper - going customer-led mandate. business strategy. We encourage our team beyond a transactional Today we are probably to always explore, push level to understand about 80 percent of the Today, our work sits on boundaries, be willing to customer attitudes, way to what I would call the desk of the COO. With fail to find new ways of emotions, and intent. To customer centricity, but as most C-suite members doing things. This means do that, you need to cast a interested in the ‘so what’ we have to encourage wide net. Southern Cross Austereo | 06
Disseminating insight to drive action: Boosting ad sales with accessible, agile insight Jasmine Beech, National Sales Research Manager Within her role, Jasmine provides continuous insight to sales teams, strategists, clients and the C-suite across Australia. With a fast-paced and comprehensive role, Jasmine’s niche in the research space is founded off insight-driven ad strategy, with no two days the same. Over the past seven years, Jasmine has increased customer conversations by 15 times and works with over 12 internal teams to turn insight into action. How does insight fit the advertising and media the communities enable Can you share one into the sales process realm. Sometimes we may us to deep dive into key learning around only have 24 hours to turn our audience’s values, at SCA? around a brief or a few attitudes, buyer graphics - disseminating insight We feed our sales teams hours to generate insight anything you want to know, across multiple with agile, ad hoc projects to support a pitch. I’m a big we can probably find it out. stakeholders and as well as continuous believer in agile research, teams? insight support across and our community enables Tell us about one of specific customer your most impactful Tell a story around the us to do that. Traditional segments. From sales insight. People don’t market research has always projects with the remember graphs, or pitch through to ad launch, had the downside of taking community. we have developed a 30-slide decks - but they weeks, if not months, to unique methodology Where do I start - there do remember stories. generate customer insight for measuring brand have been so many! Last Dealing with multiple from research projects. awareness, perception November, we undertook stakeholders with varying Today, we generate insight movements and actionable a perceptual study for agendas at SCA, I’ve learnt in hours that we can outcomes created by an insurance client to to speak to their pains. With effectively distribute across advertising in any main understand the path- every insight project we our teams to support media. Our communities are to-purchase as well as conduct, I ensure it solves client conversations. our secret weapon when the barriers to the brand. a challenge faced by the we speak with prospective Radio listeners are Through the communities, stakeholder so I can meet clients. The insight we typically a hard-to- our sales team identified a them on a playing field generate to make iterative mismatch between brand that makes sense to them. reach audience. How It’s important to outline the improvements in real-time awareness and brand do you ensure you understanding. With this ‘why’ behind the customer has been unparalleled for sales growth. deliver advertisers insight at hand, we were need, explain the ‘so what?’ a comprehensive able to course-correct, around why it matters and The popular maxim understanding of with the stakeholder prior always demonstrate the goes, “fast is better to launch, and ensure its ‘now what?’ to ensure the customers across a insight is actioned upon. than perfect”. What’s success by measuring range of audiences? impact over time to make your perspective on Common feedback we iterative changes in market. the value of agile receive from clients and Looking at the numbers, insight generation ad agencies is ‘tell me last year alone we over robust research about your audiences’ generated over $15million projects? and ‘why should we in ad revenue through target them’. Whilst community insight and we ‘Fast-paced’ is definitely the radio ratings are readily aren’t looking to slow down slogan when it comes to available for advertisers, any time soon! It’s important to outline the ‘why’ behind the customer need, explain the ‘so what?’ around why it matters and demonstrate the ‘now what?’ to ensure the insight is actioned upon. visioncritical.com | 07
Technology Human-centered design, Innovation, Customer experience Delivering first-in-market innovation through employee co-creation How Telstra adapted to a new market shift and delivered a 30 point increase in NPS Telstra leverages both its employee community, Telstra Catalyst, and customer community, My Telstra Experience, to shape and deliver ‘a brilliant connected future for everyone.’ With the release of the government-owned National Broadband Network (nbn) set to provide fast broadband to all Australians, Telstra needed a way to ensure they delivered a product that adapted to this market shift and delivered value to its customers. The result? Collaborative innovation between Telstra and the Catalyst community saw the launch of the Telstra Smart Modem, delivering an NPS uplift of up to 30 points in the sales to activation experience and 50 percent fewer modem returns year-on-year. Up to 30 point 13 point 50% 18% increase in customer increase in NPS fewer modem decrease advocacy within 30 days for plug-and-play returns year- in order purchases on-year cancellations Telstra | 08
The use of the Catalyst platform is enabling our team to drive a dynamic ‘test-learn-refine’ methodology to Customer and Agent testing. With communication, research activity, customer data and live interactions from one source, we are able to adapt and react in real-time. - Lorraine Tabet-Curtis, GM Change and Incubation Delivering a environment, and an In order to respond to Company first-in-market easy to use platform, market demands quickly, that allows employees how could Telstra Overview nbn hybrid modem to share opinions and ensure they deliver a With the release of the Telstra is becoming a have their say as both an truly differentiated and nbn in Australia, Telstra world-class technology employee and a customer. innovative product that needed to adapt to the improved customer company that empowers Using these insights new market landscape, people to connect, aiming Telstra can make experiences? and provide competitive thoughtful decisions to create a brilliant offers with Telstra-only on how to improve the With the Telstra Catalyst connected future for value to nbn customers. overall experience and employee community everyone. Telstra provides Telstra devised a range design of Telstra products, at hand, Telstra married services to Australian of initiatives aimed at services, and systems for user and behavioural customers spanning providing seamless its customers. data with insight gathered across mobile, fixed customer interactions and from continuous, voice and fixed internet improving customer NPS Co-created two-way dialogues broadband services, and when distributing new nbn innovation - exploring product set up, their presence spans broadband services. speed and performance, The Telstra more than 20 countries. notifications, and overall Smart Modem experience. With insight A new way forward - Telstra developed the gathered within hours, pre-validating new one-of-a-kind Telstra Telstra identified customer experiences Smart Modem (previously pain points and gathered Telstra worked with known as the Telstra in-depth insight from Vision Critical to engage Gateway Frontier), to help specific user journeys their employees via an online customers get connected with the product. community, Telstra Catalyst. faster over the mobile The result? Real-time, With 80 percent of staff network while they iterative developments. on the Catalyst community waited for a home Telstra addressed issues being fixed-internet broadband connection. relating to the mobile customers with Telstra, back-up capability and In preparation for the the company were able to Wi-Fi coverage in a launch, Telstra wanted to place both customers and safe environment, ensure the user experience, employees at the forefront implementing and specifically the device of product and service improvements quickly installation process, was initiatives. to solve user issues before clear and easy to follow Through Catalyst, Telstra for customers. they launched to market. can gather insight in a safe Why is Vision Critical Telstra’s secret weapon? Relationship MemoryTM Innovate in a secure Pre-validate to understand how and closed testing customer experiences community members environment, prior to with employee insight evolve over time product launch visioncritical.com | 09
An employee community is an incredible tool for a product manager. Bringing together the insight from the community and having real customer input across multiple teams meant that we delivered a better end-to-end customer experience than we could possibly do without our Catalyst community. - Linda Sylva, Product Manager - Telstra Smart Modem 50% 18% 13 point fewer decrease 30 point increase modem returns in order cancellations increase in in NPS for year-on-year customer plug-and-play advocacy within purchases 30 days Telstra | 010
Delivering superior customer advocacy amongst and an 18 percent decrease experiences - new customers with a peak in order cancellations. boosting NPS of 30 point improvement. The Telstra Smart Modem, This demonstrated the ability This Australian first nbn along with other solutions of the modem to achieve modem, showcased such as self-install kits, and maintain connectivity Telstra’s ability to deliver have resulted in an auto- throughout variations in strategic and innovative activation rate of close network availability. products to its customers, to 90 percent and led to reinforcing its network Additionally, for customers 280,000 fewer password superiority over competitors who bought a modem in-store related calls in the first with an experience and were able to instantly 90 days after activation. that assured reliability ‘plug and play’ upon and connectivity. powering-up the modem, NPS increased by 13 points. When comparing to the Through innovation and baseline, for customers customer-led product with the Telstra Smart Modem, solutions, Telstra has also Telstra has seen an average seen 50 percent fewer 15 point improvement in modem returns per year, For Catalyst, we want Predicting and preventing churn to continue creating with insight opportunities for Relationship MemoryTM our staff to provide direct feedback into Telstra has already started to lead in the use of Relationship the innovation of MemoryTM; the ability to contextualise insight and identify patterns new products and in data to build authentic relationships with community members services. that deepen over time. As one example, Telstra append more than 40 categories of data flags every month to avoid asking community We hope to grow a members unnecessary profiling questions. With Relationship diverse community in MemoryTM, Telstra is able to generate ongoing, continuous insight order to support new from their members, as they evolve over time. strategic initiatives, harnessing our Strategic NPS employee’s expertise Like many organisations, Net Promoter Score (NPS) is a key business and knowledge. metric at Telstra. With seven years of customer insight gathered - Phi Do, through both a customer community and employee community, User Experience Designer Telstra make use of their longitudinal insight in the NPS space. Following customers over time revealed that many customers often change their minds about Telstra: shifts in NPS heal over long periods of time, but can be created quickly by a point of failure. With robust longitudinal insight and a deep level of understanding, Telstra’s position in understanding strategic NPS is unparalleled in the market and enables them to course-correct in agile environments to predict and prevent churn. visioncritical.com | 011
FMCG Innovation, Marketing, Customer Segmentation Insight-driven marketing delivers $104 million in retail sales over two years How the George Weston Foods’ bakery business found growth in a mature category George Weston Food’s bakery business, Tip Top®, is the leading bakery provider across Australia and New Zealand. Bakery is a mature market in Australia, and with limited growth potential, Tip Top needed a way to deliver value to consumers and outpace the competition. By tracking insight over time and responding to specific consumer needs, Tip Top has delivered consumer-first solutions to see incremental revenue growth for the brand. New products are Over $104m 23% 2X 52X in retail sales uplift in Purchase more likely to succeed ROI for Tip Top from NPD Frequency for than industry standard Sandwich Thins over two years Golden bakery George Weston Foods | 012
At Tip Top, the power of insight-driven decision making through our insight community is unparalleled in value for our team, business and stakeholders. Company - Amy Saha, Head of Insights Overview Tip Top®, owned by George Weston Foods, is the leading Bakery business Re-igniting the innovation, test products, On first iteration, the product across Australia and New marketing flame - evaluate marketing concept did not perform well with consumers, outlining Zealand. With a history that shifting from data campaigns, and fine tune messaging based on its launch as a ‘risky’ spans over 50 years, Tip to insight investment. However, by Top has grown to produce specific target markets. In Australia, there is limited continually testing, iterating over one million bakery growth potential in the By tracking consumer insight feedback and engaging products every day to be mature bakery segments. over time, Tip Top has been specific consumer segments distributed across Australia With a wide portfolio, able to identify and track across the entire product alone and is committed to Tip Top needed a way to emerging shopping trends, development cycle, Tip Top and importantly, pinpoint developing products that enrich their data stores was able to validate the white space for potential company’s biggest NPD can be enjoyed by to understand consumer innovation. investment to date with generations of Australians. behaviours, attitudes and emotions to ensure they consumer backing. met consumer needs. Safeguarding Fast forward six months success in a new post launch, Tip Top Engaging the right market with Tip Top Sandwich Thins is now “Access to market with Bakery Sandwich Thins: driving growth in sandwich consumers like Conversations alternatives, delivering a return on research what we have in In order to engage consumers # 1 driver of growth in an emerging investment of over Bakery Conversations with products relevant to 5200 percent. category them, Tip Top launched is essential given Bakery Conversations, Continuously looking to all the competitive an insight community expand its portfolio, segmented based on interests Tip Top identified white pressures on and purchase behaviour. space within the market marketing in today’s from Bakery Conversations By profiling members that informed the environment.” based on behaviour over demographics, Tip Top development of Tip Top - Justine Cotter, delivered a depth to their Sandwich Thins, a light and thin bread alternative. Head of Brands & data not previously possible, Communications demonstrating the vast From the insight gathered, differences in consumption internal product teams despite similar demographic developed a prototype traits. Since its inception in product that they 2014, Bakery Conversations hypothesised would has been used to support succeed in market. Why is Vision Critical George Weston Foods’ secret weapon? Innovate in a Build authentic consumer Contextualise insight secure testing relationships through and identify patterns environment, prior two-way, ongoing in data to understand to product launch conversations consumers as they evolve visioncritical.com | 013
The Golden TV campaign is one of the most creatively effective executions we’ve seen in Australia from any category. - Kantar Millward Brown, ‘Unleashing Golden’, 1st February, 2018 $104m 23% Over uplift in in retail sales New products 52X Purchase 2X ROI for Tip Top from NPD over two years Frequency for Golden bakery more likely to Sandwich succeed than Thins industry standard George Weston Foods | 014
HOW TIP TOP SUCCESSFULLY TRANSFORMED A MATURE CATEGORY THROUGH MARKETING AND INNOVATION Unleash the With the goal to increase the and validation of the all products in the company’s Golden Crumpet purchase frequency and share final “Unleash the Golden history. With $3.6 million of wallet of Golden Crumpet Crumpet” campaign. There of business value from the Increasing loyalty and buyers, Tip Top aimed to was uncertainty around increased volume, purchase frequency in expand the consumption of how the campaign would be the campaign contribution a mature market Golden Crumpets beyond the perceived in market, and how to sales was above the With no significant advertising ‘butter and honey’ classic into consumers would react to a international average. efforts on a key Tip Top brand a more holistic and cross- shift in mindset around an ‘Golden’ for over a decade, season meal with various Australian family favourite. Bakery Conversations was savoury toppings. engaged to understand how After working with the best to target a disengaged How could Tip Top change community to fine tune and market in the right way. With the consumption mindset improve the campaign with community segmentation, Tip of an Australian classic in a storyboard developments, Top identified key purchase way that resonated with its live chats on perception behaviours among Bakery consumers? and likelihood to buy, it is Conversations members and In order to validate the now one of the most asked the right questions, marketing spend and successful TV commercials to the right people, around develop a confident go- for the Tip Top brand. their relationship with Golden to-market campaign, The “Unleash the Golden Crumpets, a classic Australian Bakery Conversations was Crumpet Campaign” generated breakfast bakery item. integral in the development the best volume uplift across The Way Forward: Understanding consumers as they evolve over time Strategic Innovation Bakery Conversations has transformed how Tip Top perform insight-driven, consumer-centric decision making. By leveraging community insight, newly launched products are now two times more likely to be successful in their first year when compared with industry standards. Cultural Advantage With access to insight communities of Australian consumers, George Weston Foods is able to understand and contextualise differences in cultural behaviours across its consumer base. In order to understand and change deeply embedded cultural behaviours around consumption of bakery goods, the brand needed to deep dive into specific behaviours and mindsets of Australians that ultimately affects the success of new products. By engaging the right community members with the right questions, at the right time, George Weston Foods is able to generate ongoing, continuous insight from their consumers, as they shift and evolve. visioncritical.com | 015
Insurance Customer service, Innovation, Digital transformation Accelerating innovation in line with customer needs How AXA Philippines decreased service centre enquiries by 42 percent AXA Philippines, one of the country’s top insurance providers, enhanced its business model to support agile, customer-centric decision making. By engaging customers across the entire development cycle, AXA Philippines co-developed innovations such as ‘MyAXA’, a service that enables customers to access their policy and investment details across multiple platforms 24/7. The result? 42 percent decrease in customer inquiry calls and three times higher customer satisfaction. 160% 42% 3X Insight-led increase in drop in customer increase decision making share of wallet for inquiry calls in CSAT across the community members organisation AXA Philippines | 016
By understanding our customers better through MyAXA Cafe, we are then able to design even better solutions to constantly improve the delivery of a frictionless customer experience. Company - Rahul Hora, President and CEO Overview AXA Philippines is a joint venture between AXA and Metrobank, offering financial security to Improving customer MyAXA Cafe not only supports flexible navigation of online more than one million engagement ongoing, two-way dialogue transactions, policy details with customers, but also and offers. individuals through In order to overcome low various group and enables AXA Philippines to customer engagement Through the voice of the individual life insurance validate potential solutions across the insurance customer, AXA Philippines and services in a safe and products. With acquisition industry, AXA Philippines identified key features that closed environment before of Charter Ping-An, AXA needed to gain a deeper were seen as ‘must haves’ market launch. MyAXA Cafe Philippines now also understanding of customer for AXA customers. has now become the offers general insurance. perceptions, attitudes and Utilising these features meant compass that directs emotions towards insurance that the app successfully Based on 2017 decision making processes and related purchases. cut customer inquiry calls performance, AXA within AXA Philippines. by 42 percent, increased Philippines ranked #2 in Focussed on delivering better Across multiple departments application downloads by solutions and experiences and stakeholders it is used terms of Total Premium 2.5 times, more than doubled that appeal to its rapidly as a first step prior to usage rates and saved over Income, which grew two evolving consumer market, business decisions. times faster than the life four years of accumulated AXA Philippines recognised industry and four times working days in resources. the need to build connections Increasing the faster than all top and engagement beyond usage of AXA five competitors. a point-in-time measure. customer portal On-going, two- As the needs of customers continue to grow, AXA way customer Philippines saw the engagement opportunity to bring through MyAXA Cafe self-service transactions In order to continuously to life through MyAXA, engage customers, AXA shifting policy management Philippines partnered with processes to digital. ABN Impact and Vision In 2017, AXA Philippines Critical to establish a engaged customers through branded, insight community MyAXA Cafe to help define and of engaged customers called identify requested after-sales MyAXA Cafe. features that allowed for Why is Vision Critical AXA Philippines’ secret weapon? Innovate in a Continuously improve Generate real-time secure testing CX touchpoints feedback on user environment, prior through two-way, experiences throughout to product launch ongoing conversations digital transformation visioncritical.com | 017
MyAXA Cafe has now become the compass that directs decision making processes within AXA Philippines. Across multiple departments and stakeholders MyAXA Cafe is used as a first step prior to business decisions. - Amor Balagtas, Chief Customer Officer 1. Insight-led 3X 42% decision making 160% drop in increase in CSAT across the organisation increase in customer share of wallet inquiry calls for community members AXA Philippines | 018
Enabling the Customers helped AXA right customer Philippines identify the Efma-Accenture Award conversations approach, tone and persona that would solicit through Coach Finn For its use of MyAXA Cafe, engagement. By iterating With low insurance feedback from MyAXA Cafe, AXA Philippines has won penetration in the country, the launch of Coach Finn Silver in the prestigious AXA Philippines recognised became a pre-validated that a large majority of the success. Efma-Accenture market remained untapped. Innovation in Insurance Within five months of launch, With the help of MyAXA Cafe, Awards 2018, a global AXA Philippines launched AXA Philippines converted 15 percent of the leads that competition which has an engaging and simplified were engaged through the facilitated numerous online financial needs analysis tool called ‘Coach Coach Finn platform, which innovation in the Finn’, helping customers with was three times higher than insurance sector. their financial game plan. regular online campaigns. Increasing customer share of wallet The ROI of community members: The value of providing a two-way dialogue, where customers feel their voice is heard and actioned upon, can improve the share of wallet seen by brands. Why? Loyalty, spend and advocacy all increase when brands invest in building authentic customer relationships. MyAXA Cafe members spend 160 percent more than regular customers. Strategic Innovation: Looking beyond point-in-time measures of satisfaction, AXA Philippines has now developed a longitudinal understanding of customer behaviour. With an over-time view of customer, AXA Philippines are able to iterate developments to products and services in line with evolving customer needs. visioncritical.com | 019
Gambling Entertainment Human-centered design, Innovation, Customer experience Maintaining leadership in a dynamic industry How TAB saw 50 percent customer adoption within three months of product launch Tabcorp’s market leading wagering brand, TAB, continues to face intensive competition with corporate bookmakers fighting for market share. In order to retain its position as an industry leader, TAB needed to ensure its products and services continuously deliver value to customers. Leveraging its insight community, TABTALK, TAB was able to co-create an innovative product ensuring customer needs and feedback were at the heart of innovation across seven out of ten development stages. The result? A product that saw 50 percent customer adoption in its first three months, delivering an average 250 percent return on investment per customer within their first 30 days of use (excludes product build costs). 250% 6 point 50% $1m ROI per customer increase customer adoption in research within their first in NPS within three months savings 30 days of use of product launch Tabcorp | 020
In all we do, think or decide, we aim to start with the customer. - Kasia Witon-Wanstall, GM Corporate Brand and Insight Leveraging members highlighted a Financial Return: Company insight to win potential opportunity for The product delivered an a product to increase share average 250 percent return Overview To support customer- of wallet for TAB customers. on investment per customer Tabcorp is an ASX top centric decision making, within their first 30 days TAB partnered with Vision Starting with identifying the 50 company , one of of use (excludes product Critical to establish the growth opportunity, the team the world’s largest build costs). TABTALK community in progressed with concept publicly listed gambling 2013. With over 6000 active and product development, Market Traction: entertainment companies members, TABTALK is widely utilising the TABTALK 50 percent of TAB customers with some of the best loved used by product, channel community across all stages used the product within three betting and entertainment and marketing teams to of the development cycle. months of product launch, brands. Tabcorp aspire understand the attitudes, As a result, they delivered a with an even higher 80 percent powerful digital innovation to be the first choice emotions and intent of of TABTALK members. its customers. that gives customers a for customers however, chance to increase Brand Equity wherever and whenever TABTALK allows TAB to and Perception: they choose to play or bet. their winnings. gain a holistic understanding Brand tracking data has of how its customers engage How was TAB able backed up the success with its products and to co-create with of the product, showing a services. Today, supported customers to ensure six point improvement in by TABTALK, TAB is able to the product’s success NPS and 16 percent increase By understanding start integrating community insight with actual customer in market? in value perceptions since our customers product launch. behavioural data and On the first iteration, better through the product concept did not trends to build a deeper perform well, with customers TABTALK, we are understanding of its customers. questioning its viability. able to strategically The TAB team used customer deliver better Co-created feedback to review and further develop the concept products and innovation - adding value and, through continuous solutions with iteration and testing, for TAB customers TAB developed a product confidence that With multiple betting that doubled the claimed enhance the TAB providers offering likelihood of customer experience. competitive odds across take up from 40 percent a wide range of racing and to 80 percent. - David Beirne, GM Trading sports markets, TABTALK Why is Vision Critical TAB’s secret weapon? Iterate development Contextualise insight Keep pace with market with customer insight, and identify patterns demands with a finger prior to product launch in data to understand on the pulse of customer customers as they evolve expectations visioncritical.com | 021
With many internal teams leveraging the community, TABTALK is well known as a rich source of customer perspectives, attitudes and behaviours. The goal of the customer insights team at TAB is to bridge the gap between decision makers and our customers, and TABTALK helps us achieve this. - Tom Lobban, Insights and Research Manager 50% $1m 6 point customer in research 250% increase adoption within savings ROI per customer in NPS three months of within their first product launch 30 days of use Tabcorp | 022
PREDICTING RETURN ON MARKETING INVESTMENT: THE ROLE OF INSIGHT For TAB, providing results to predictive modelling who took up the offer and Having the TABTALK the right offer at the in order to estimate ROI. increased incremental community means we right time is crucial revenue by 81 percent. From tiered benchmarks can rely on consistent to capturing share established through TABTALK, With predictive modelling and quality feedback of wallet. TAB confidently launches and the TABTALK community offers and products that will to continuously enrich data to ensure our products With the TABTALK community, deliver on targets. In a recent over time, TAB is able to are in line with what our TAB is able to engage with customers really want example, TABTALK members build a virtuous cycle of customers before making decisions on offers and identified a specific NRL offer ROI predictors to provide and have every chance as particularly appealing. This greater confidence in of succeeding. promotions. Currently, every insight was used to select this business decisions. new promotional concept is - Zerah Gallardo, offer over a previously used tested with TABTALK alternative, which UX Researcher customers. With insight on estimate, doubled the generated in days, if not number of customers hours, TAB is able to add Creating a unified view of customers at TAB Strategic Innovation “Vision Critical has TABTALK helps the TAB team make insight-driven, customer- been with us from centric decisions. The community is now integral to the product early pioneering development cycle, validating decisions and co-creating to evolving and successful products in line with customer needs. increasing in value to the business and Integration - A key to unlocking a data ecosystem relevance. TABTALK TAB has linked its transactional and behavioural data with has helped us to the insight generated within TABTALK to build a deeper un- drive the customer derstanding of the customer. By aligning customer spend with centricity agenda.” attitudes, emotion and intent to purchase, TAB is able to gain a - Kasia Witon-Wanstall, singular view of what’s behind actual customer activity analytics, GM Corporate Brand and and better predict future behaviour by closing the loop through Insight longitudinal analysis. visioncritical.com | 023
Automotive Customer experience, Innovation, Digital transformation From Data-aware to Insight-driven How carsales uses contextualisation and segmentation to fine-tune the seller experience carsales, Australia’s number one for online car classifieds, shifted its business model to support customer-centric, insight-driven innovation. With the ability to reach out to specific segments within The Loop community, carsales is able to feed insight to multiple teams within hours and fine-tune products and services to meet specific customer needs. 8 teams 25% Deep dive 5,000 leverage estimated decrease into customer community community insight in distribution costs segments members for seller packs carsales | 024
Having a readily engaged group of members (even those detractors!) to test marketing messages, product development and even to gain additional insight from has been invaluable and is helping us shape an exceptional end-to-end customer experience. - Vladka Kazda, Chief Customer Officer Outpacing new Improving the and digital documentation to Company automotive market seller experience ease the car transfer process. Overview entrants with With a distinct understanding customer-led of a customer pain point We love the direct Carsales.com Ltd decision making around private seller line we now have to (ASX:CAR) is the largest information packs from the our customers and online automotive, With increasing competition volume of calls to customer motorcycle and marine within the market, carsales service and comments the opportunity this classifieds business in needed a way to understand how, why and when its via NPS surveys, carsales provides to really Australia with 4.7 million customers buy. New non- wanted to dive deeper to deep dive into the members and operations automotive market disruptors, understand the ‘why’ behind across 12 countries. customer dissatisfaction. customer experience. Dedicated to delivering like Amazon and Facebook have shifted the market With The Loop community at - Deb Heaphy, Customer a smooth buyer and seller landscape by competing its fingertips and the ability experience, carsales Experience Manager directly on customer to target members who had develops world leading experience and loyalty. In recently sold a car, carsales technology and advertising order to remain the number pinpointed the specific solutions that drive its one classified site for buying customers that could help business around the world. and selling cars, carsales it deliver a superior product needed to deliver a best-in- to market. class, competitive service by Through iterative discussions understanding the attitudes, around the selling process The Loop community is We have leveraged emotions and intent of and what customers prefer enabling carsales to create valuable insight its customers. from a seller help kit, a Seller Pack that ensures the carsales was able to realign right content is delivered in the from The Loop Partnering with Vision Critical, carsales launched the private seller pack right way and at the right time in the short time contents, distribution and an insight community, The utility direct from customer within the customer’s journey. it’s been live Loop, to enable a two- way, ongoing conversation feedback. Converging with The result? Increased which has already the development of an earlier customer satisfaction with its customers. Using Hackthon idea to digitise the and estimated decrease proven positive profile variables, carsales paperwork involved in the car in distribution overheads impact to the segmented its community by selling process, insight from by 25 percent, allowing demographics, behaviour The Loop community helped carsales to deliver a superior business. and purchase intent to ask substantiate the demand customer experience. the right questions to the - Vladka Kazda, for digitisation. The recently right customer segments. launched “Seller Checklist” Chief Customer provides an online checklist Officer Why is Vision Critical carsales’ secret weapon? Segment customers Share insight Generate agile insight to improve specific across the business to fuel decisions and customer experiences in real-time support customer-centric decision making visioncritical.com | 025
Financial Services Customer experience Delivering superior customer experiences within the financial services industry How Bendigo Bank supports customer-led decision making in real-time Bendigo Bank, Australia’s fifth largest retail bank, transformed how they use insight to keep pace with customer expectations. Truly customer first, Bendigo Bank leverages insight from their miVoice community to scale CX initiatives across products and services. With direct access to the voice of its customers, Bendigo Bank has been able to solve customer pain points and focus CX efforts on what matters most. 24 hr 1m 79% 90% insight minutes to be faster answering drop in phone turnaround saved in wait times of customer calls queue complaints Bendigo Bank | 026
As a business, our goal is to break down isolated and disconnected customer experiences and provide a seamless and connected experience in an environment where customers lead the way - our insight community allows us to do that. - Mike Hirst, Managing Director Company Overview Bendigo Bank is Australia’s Digital transformation Listening to With improvements made from community insight to fifth largest retail bank in financial services - the Voice of and top 60 ASX listed adapting to the Customer date, Bendigo Bank answers customer calls 79 percent company. Serving more industry shifts With a goal to create than 1.5 million customers faster and sees a 90 percent With customer service in the faster, simpler banking, drop in complaints about in over 500 communities financial services industry Bendigo Bank engaged phone queues. The value of Australia-wide, Bendigo rapidly evolving, Bendigo the miVoice community the miVoice community and Bank is dedicated to Bank recognised the need to to better understand pain the ability to test thinking, get being Australia’s most transform their products and points around certain new ideas, and align priorities, customer connected digital offerings to keep pace banking processes. After has enabled Bendigo Bank to bank, cultivating an with customer expectations. experiencing ongoing quickly implement changes, environment that allows While recognising the need for complaints around call knowing that they’re local communities to traditional branches, Bendigo wait times into their contact customer-led. thrive and prosper. needed a way to validate centre, Bendigo Bank wanted new strategic developments to find the ‘why’ behind the Australia’s best across digital, services and increase in demands and how to make it easier for performing customer products that would ultimately affect the experience of their customers to service their experience bank customers. finances. The result? Bendigo We pride ourselves In 2015, Bendigo Bank Bank were able to obtain on listening and a strong customer voice partnered with Vision Critical within hours and make agile responding to our to create an insight community adjustments to improve CX. customers, and it’s no of engaged customers called miVoice. miVoice is now the Bendigo Bank worked with its coincidence that our sounding board for customer- insight community to test and organisation has been centric decisions made across refine ideas. They identified some immediate remedies As of 2018, Bendigo Bank recognised as the business that ensure is now the top ranked Bendigo Bank holds true to but also explored the appetite first place in Forrester’s company across all their commitment to deliver for various technology industries in Forrester’s Australia CX Index for Australia’s most connected, enhancements that will address contact centre Australia Customer three consecutive years customer-centric bank. Insight demand into the future. One Experience Index for the - an award we believe is is now generated within one third consecutive year, day allowing Bendigo Bank to example of work underway following the establishment linked to the impact of remain agile and ensures that is a new mobile banking app feature, which is expected of its Customer Voice our miVoice community. the customer lies at the heart of all business decisions. to reduce calls from the app Division in 2013 and the into the contact centre by 60 creation of the miVoice - Julie Dillon, Senior seconds, saving the company community in 2015. Manager Voice of Customer a total of one million minutes in resources per year. Why is Vision Critical Bendigo Bank’s secret weapon? Validate decisions Fine-tune customer Contextualise insight with customer insight experiences with real-time to understand customers prior to launch customer conversations as they evolve visioncritical.com | 027
Media & Entertainment Customer experience, Marketing Increasing viewership with audience-led insight How the ABC expanded their weekly reach by 500,000 Australians The ABC, Australia’s largest public broadcaster, stays in tune with the changing mindsets, attitudes and interests of Australians through its YourSpace community. As a result, the ABC has influenced one of the most important socio-environmental issues of our time, waste and recycling, and increased their weekly reach by 500,000 viewers. Expanded Measures weekly reach by 7 out of 9 13% Highest 500,000 increase in NPS corporate KPIs with rated factual program in 2017 Australians the communtiy ABC | 028
The Yourspace community panel has transformed how we use audience research and feedback at the ABC. - Leisa Bacon, Director Audiences Company Overview Adapting to evolving interests to keep an active attitudes and behaviours and The ABC is Australia’s audience interests pulse on what Australians measure how these changed largest public broadcaster care about and how over the course of the series. reaching 71 percent of The reach of the ABC has all Australians across they’re thinking. been on slow decline for the Market traction five television stations, past five years due to media Using their YourSpace The War on Waste program 11 radio networks and fragmentation and changing community, the ABC tests reached four million viewers digital offerings each audience behaviours. In program concept ideas and across Australian television week. As a not-for-profit order to achieve their goal gathers audience feedback and, on one occasion, saw business, the ABC places of reaching 100 percent directly from Australians over 21 million views on its audience at the centre of Australians each week, within hours, fuelling their a related Facebook post, of its activities and the ABC needed to better content roadmaps and arming making it the ABC’s largest understand their audiences’ multiple divisions across the strategies for the future, ever Facebook engagement. attitudes, emotions ABC with valuable audience- focused on delivering and intent. led insight. The result? Within Societal change superior experiences the last year, the ABC has Following the series, there that builds enduring The broadcast platforms, TV expanded their audience reach were significant increases in relationships over time. and radio, that give the ABC by two percent, equating to the proportion of Australians scale, are being challenged half a million more audience using BYO recyclable coffee by more convenient on- members each week. cups, composting and demand platforms where the major competitors are using worm farms. Several There are very War on Waste - major supermarket chains global and support larger announced the phasing out few areas of the investments in customer raising awareness for recycling and waste of single use plastic shopping ABC now who experience and content. In bags and plastic bottle order to stay competitive, reduction don’t look to recycling schemes were the ABC launched an insight Ahead of its launch in introduced. What’s more, the the community community, YourSpace, to continually engage audiences May 2017, the ABC worked program is now featured as to complement with the YourSpace an educational resource in and keep pace with their community to develop a schools across Australia. and inform our interests and needs. deep understanding of the The War on Waste, co-created decision making, attitudes and behaviours of with the community, became from marketing, to Building content Australians regarding waste one of the largest and most that resonates and recycling. As part of the content makers, insightful studies on waste with a nation development of the series, the conducted in Australian analysts and our Over the last two years, the ABC engaged with YourSpace history, successfully changing strategy team. ABC has actively engaged members and the broader the mindset and behaviours with Australians - building Australian community (via of Australians around waste - Leisa Bacon, social posts and websites) and recycling. deep relationships, learning to understand audience Director Audiences about their mindsets and Why is Vision Critical the ABC’s secret weapon? Understand evolving Generate insight in hours Building content that mindsets of Australians, to fuel decisions and resonates, the right as interests shift and support the audience- programs to the right change quickly centric business model people in real-time visioncritical.com | 029
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