Use Personalization To Drive Loyalty And Customer Obsession
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LICEnSED FOR InDIVIDUAL USE OnLY Use Personalization To Drive Loyalty And Customer Obsession by Emily Collins January 28, 2020 | Updated: January 30, 2020 Why Read This Report key Takeaways The personalization imperative for loyalty is Personalization Is Too Purchase Obsessed clear: Companies that can’t meet customer Companies are increasing investments in expectations for relevance and value risk losing personalization; but the way they use it today is their customers to brands that can deliver. But too focused on delivering next-best offers, and it’s hard to get personalization right. Marketers product recommendations are often irrelevant. collect information that they can’t use and rely Use Three R’s To Enhance Your Efforts too much on simplistic product- or purchase- To capture customer attention and show value, focused tactics. This report helps B2C marketers ensure that your marketing personalization delivers adjust their personalization approach to create relevance, builds resonance, and shows restraint. memorable and meaningful experiences for their best customers. Start With Your Loyal Customers The best place to improve personalization is with your best customers: You have the most data about their purchases and preferences, and they already like you. This PDF is only licensed for individual use when downloaded from forrester.com or reprints.forrester.com. All other distribution prohibited. FORRESTER.COM
For B2C Marketing Professionals Use Personalization To Drive Loyalty And Customer Obsession by Emily Collins with Brigitte Majewski, Chahiti Asarpota, and Madison Bakalar January 28, 2020 | Updated: January 30, 2020 Table Of Contents Related Research Documents 2 To Win Customer Hearts, Loyalty Marketers The Best Of Times And The Worst Of Times For Need To Get More Personal Segmentation Today’s Personalization Approaches Actually Marketers Versus Customers: Opposing Forces Undermine Customer Relationships Erupt 3 Advance Customer Obsession With Proper Value For Customers: The Four Dimensions That Personalization Matter Follow The Three R’s Of Personalization Launch With Loyal Customers First Recommendations Share reports with colleagues. Enhance your membership with 8 Match Personalization Tech To Customer Research Share. Needs, Not Channel Needs 10 Supplemental Material Forrester Research, Inc., 60 Acorn Park Drive, Cambridge, MA 02140 USA +1 617-613-6000 | Fax: +1 617-613-5000 | forrester.com © 2020 Forrester Research, Inc. Opinions reflect judgment at the time and are subject to change. Forrester®, Technographics®, Forrester Wave, TechRadar, and Total Economic Impact are trademarks of Forrester Research, Inc. All other trademarks are the property of their respective companies. Unauthorized copying or distributing is a violation of copyright law. Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession To Win Customer Hearts, Loyalty Marketers Need To Get More Personal Personalization is on marketers’ minds and part of their budgets: It was the Association of National Advertisers’ (ANA’s) 2019 marketing word of the year, and 48% of global B2C marketing decision makers with marketing budget for technology said they would increase their spend on content and personalization technologies in 2019.1 It’s critical for meeting the ever-increasing expectations of empowered consumers and building the kind of customer relationships that lead to long-term loyalty. This is because personalization: ›› Captures consumers’ focused attention. Even the most rudimentary personalization tactics — such as including a customer’s name in a communication — invoke the so-called “cocktail party effect.”2 Content and experiences that are relevant to the customer’s context in that moment cut through the cacophony of brand advertising to inspire something other than a knee-jerk unsubscribe.3 ›› Drives loyal behaviors. This tuning of consumer attention delivers immediate ROI for brands: All the companies we interviewed for this report saw measurable lift on personalized campaigns. Rewards members at a major pharmacy retailer converted 30% more than average with offers that were personalized. But it goes beyond that next purchase, too. For instance, Belgian energy company Eni uses personalized videos to improve an often-negative moment of the customer experience — bill shock. The videos, which help customers read and understand their monthly charges, resulted in higher Net Promoter Scores, more on-time payments, and an uptick in self- service account creation.4 ›› Delivers the kind of value for which customers are willing to give up their data. Consumers are more aware than ever that companies want their personal data for marketing purposes.5 But they’re willing to share it only if they get something out of the deal, too.6 Effective personalization establishes that win-win relationship: Your customers get a better experience, and you get access to the data you need to treat them better. Fashion retailer Express uses the information customers share in style quizzes and challenges to better understand their preferences and engage with them in nonshoppable moments.7 Today’s Personalization Approaches Actually Undermine Customer Relationships Setting the vision for personalization is not an issue for B2C marketers: They see the potential power of individualized experiences. Sonia Chung, VP of CRM and loyalty marketing at Rue Gilt Groupe, explains, “We want to create a more anticipatory experience that’s responsive and guides buying behavior based on our customers’ interests.” But across industries, execution challenges have stifled the best of intentions. For the past three years, loyalty marketers cited personalizing content, offers, and experiences as a top challenge.8 And consumers feel the pain. For example, while marketers’ top tool is email, only 5% of US consumers say email offers are usually well timed to their needs. Here’s what’s holding B2C marketers back from success: © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 2 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession ›› Execution is too purchase obsessed. Most personalization today puts the business, not the customer, first. Current efforts are most often narrowly applied to product recommendations and next-best offers that will drive an incremental purchase to meet short-term revenue targets set by the business. “[Companies shouldn’t] always think of the communication as a next-sell avenue to drive revenue. It’s actually very impersonal to always be asking for another purchase,” says Don Smith, senior managing director, strategy & chief analytics officer from Brierley+Partners. A “do this, get this, buy this next” approach is too focused on what the business wants, rather than on what the customer desires. ›› The data they have isn’t what they need. Loyalty marketers are accustomed to collecting functional, first-party data that helps them link purchases to a single customer and layer in basic profile information. But that data doesn’t provide much insight on who the person is, what motivates them, or what they’ll need in the future — the things that make personalization more meaningful to the customer.9 Darwon Choe, previously of Formation, explains: “The traditional marketer’s instinct is to start and end with demographics and classic segmentation. But they’re not thinking of what personal interaction really means or what insights would make the interaction more valuable and have less friction.” ›› Tools, processes, and goals reinforce bad behavior. Good personalization is consistent regardless of where the customer chooses to interact. But many of the tools out there are built to market products and drive sales, not match up customers with the services, experiences, and content that meet their unique needs. Layer in resource constraints and organizational silos — since personalization can manifest in marketing, service, sales, product, and other types of experiences — and it’s no wonder personalization is a challenge. For example, a major US retailer tapped an executive to step into a project leadership role focused on operationalizing personalization and ensuring it was integrated across the enterprise. Advance Customer Obsession With Proper Personalization Companies that are customer obsessed have the happiest, most satisfied customers and enjoy the highest revenue growth.10 When done well, personalized experiences — guiding, extending, and enhancing customer interactions based on a customer’s history, preference, context, and intent — embody two key principles of customer obsession: customer led and insights driven.11 Proper personalization focuses on the customer rather than on the features of a brand’s products and services. Bowtech believes its investments in personalization helped shift its marketing strategy from advertising products to advertising the experiences that come with its products. Opting out of the “feature war” was a smart move: Bowtech has stolen market share from its top competitors to become the leading archery brand in the US. © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 3 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession Follow The Three R’s Of Personalization Personalization tactics span a broad spectrum (see Figure 1). But whether you’re targeting offer content based on customer segments or leveraging machine learning algorithms to dynamically modify the web experience, there are three things you must do to ensure that you’re capturing focused attention, delivering value, and building trust: ›› Deliver relevance. The precision of your segmentation and targeting only helps so much in ensuring the relevance of personalized content. Determine the kind of value your customers want and find ways to provide utility, not just hawk the latest and greatest from your brand.12 “Good personalization means talking to the customer about what they want to talk about; you have to be relevant in the places that are important to them,” says Emily Rudin, chief customer officer at CrowdTwist. Focus on providing information or product experiences that customers might find enjoyable — think Spotify’s Year Wrapped campaigns and Discover Weekly playlists — or something that’s useful to them in any given moment. ›› Build emotional resonance. If relevance is all about delivering value, resonance is all about creating the memorable moments that cement customer loyalty. Across industries, making customers feel appreciated, happy, and valued has the strongest connection to loyalty.13 Clay Walton-House, managing director at ProKarma (PK), explains that “presenting information or providing an experience that taps into a deeper understanding [of] who a customer is goes beyond the immediate brand to a space you fill or are connected to in that person’s life.” To connect with customers on an emotional level, talk to them about who they are — not just about what they’ve purchased. Geoffrey Insurance in the UK sends thousands of personalized videos to customers who are up for renewal. Of those who watched, 74% felt that Geoffrey cared about them and renewed at a 2% higher rate than those who didn’t watch the company’s video.14 ›› Show restraint. Marketers assume that if they have customer information, they should use it.15 But marketer FOMO can do more harm than good: 57% of US online adults already feel like they get too many email offers and promotions, and 20% are uncomfortable sharing information with retailers to personalize their experiences.16 It’s tempting to overcommunicate, especially when, as Brad Macdonald, VP of loyalty consulting at Epsilon, explains, “Campaign metrics show that every time [a company] reaches out [to a customer], they get more dollars in spend per customer. . . . Marketers need to do a better job allowing customers to customize how and when they get communicated to.” Showing restraint may lead to surprising results: TOMS Shoes has found that shorter emails are more likely to lead to customer action.17 © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 4 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession FIGURE 1 The Spectrum Of Personalization No personalization Basic segmentation Advanced segmentation Individualization • All customers • Few static segments • Many dynamic • Infinite segments of receive the same • Descriptive segments one treatment, content, • Reactive • Predictive and experiences. • Uses primarily demographic data • Uses transactional and • Uses psychographic, other behavioral data contextual, and social data Mass Moments-based marketing marketing Launch With Loyal Customers First The easiest place to start improving personalization is with your best customers. You likely already have the most information about them and permission to collect more if they’re enrolled in your CRM or loyalty program. Jamba rolled out its fledgling personalization strategy to loyalty members first because that’s where it has the most data — including identifiable transactions — and offered content with which to play. Plus, there’s some margin for error because your best customers already like you: 44% of consumers that belong to a loyalty program agree that they joined the program because they’re already loyal to the brand.18 To ensure that you continue to build the relationship rather than erode it: ›› Map the loyal customer journey. It’s natural to want to jump in with a specific use case or channel, but laying out the existing loyal customer journey grounds you in the customer’s state, rather than your short-term business objectives. And it helps you avoid defaulting to tactical applications by defining key moments and parts of the experience you can impact with personalization. As you examine the journey, look specifically for areas where you can show the customer that you’re using the information they’ve given you to deliver value for them. Ask questions like, “What will they want?”; “How do they feel?”; and “What are their expectations for how involved our brand should be?” Then identify where those areas overlap with your brand objectives, such as driving sales and revenue.19 ›› Define an ideal profile. To enhance customer interactions and experiences based on context and preferences, you need data that’s going to tell you what those things are.20 For example, eBay saw a 38% uptick in lifetime value when it used both purchase intent and customer motivation data in campaigns. Sean Claessen, chief strategy officer at Bond Brand Loyalty, says, “If the job of © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 5 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession personalization is to deliver the best possible demonstration of the brand, you must understand the needs of your customers.” Sketch out an ideal customer profile that spans zero-, first-, second-, and third-party data to uncover gaps between what you have and what you want to know to guide technical requirements for data and systems integrations (see Figure 2). A footwear retailer has 50- plus progressive profiling questions it uses to gain insight into lifestyle preferences that can’t be derived from what the customer purchased last. ›› Involve customers in your efforts. Your loyal customers have high expectations and want personalization, but they’re also likely to show more forgiveness and less price sensitivity than nonloyal customers.21 Don’t expect to be perfect right out of the gate, but be transparent about the information you have about them and ask for direct feedback on how you’re doing. Metro Bank in the UK asks customers directly if personalized insights are adding value — 85% of customers have given them 4 or 5 stars.22 And Regent Street’s mobile app has a gamified experience that lets users “swipe” up or down for brands and items they like, fine-tuning the profiles that are created as a result (see Figure 3). The company uses this information to serve customers personalized offers but only asks for an email address after showing users how it’ll use the information shared. ›› Test and learn and test some more. Just as consumers are always changing, so too must your personalization strategy. Richard Jones, CMO at Cheetah Digital, says it’s easy to grow stagnant because “companies develop familiarity with certain tactics or are focused on narrower goals than experience differentiation. . . . But to succeed, they must build a continuous cycle of design, build, test, learn, iterate, optimize, repeat.” Multivariate tests at massive scale will yield the best and most consistent results, but don’t let that complexity paralyze you.23 Dunkin’ Brands tests out some app features — like customizing hot beverages with customers’ preferred flavor shots — with employees first to refine concepts before launching them with customers.24 ›› Add perception metrics to your measurement framework. Most of the marketers we interviewed gauge the impact of their personalization efforts by showing lift on lifetime value or traditional campaign metrics like conversion, response, and redemption rates.25 Tracking metrics like affinity, preference, or advocacy shifts the focus from immediate business results to relationship quality and how personalization impacts that over time. © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 6 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession FIGURE 2 An Ideal Customer Profile Helps Lay Out What You Want To Know About Your Customers Source: PK website © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 7 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession FIGURE 3 Regent Street Gamified Preference Collection While Building Trust Source: Regent Street mobile app Recommendations Match Personalization Tech To Customer Needs, Not Channel Needs Technology is the yin to personalization strategy’s yang. B2C marketing decision makers need it to create customer understanding, coordinate content, and orchestrate experiences that deliver value for customers. Unfortunately, there isn’t one technology solution that can take care of all personalization needs (despite what some vendors would like you to think). Stitching together a personalization tech stack to match customer experience use cases — and not just channel delivery needs — is a stumbling block for most. Before you start making lists of vendors, do three things: ›› Use the customer journey to define the right personalization opportunities. Focusing on loyal customer journeys as a guide for personalization requirements helps put into context the hundreds of interactions customers have across the lifecycle and ensures marketers don’t get trapped in a channel-focused approach.26 Pinpoint the critical moments — those that occur at a customer transition point or are associated with a particularly high or low emotional response — to prioritize what you should tackle first. For instance, IKEA counters potential negative aspects of the shopper journey — such as frustration when navigating its giant parking garages or winding store paths — with positive offerings, like free childcare and ice cream and cinnamon rolls right after checkout.27 © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 8 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession ›› Connect with colleagues across customer-facing functions to vet requirements. Personalization isn’t just a marketing imperative. Customers interact with service, commerce, and other human-powered touchpoints along their journey. Seek out the stakeholders in those departments that have their own priorities for tech investments to identify personalization requirements that span operational functions and technology platforms. A small number of companies are already empowering cross-functional teams to make faster decisions as a result of closer collaboration at the CMO and CIO level.28 ›› Audit what you have. Most companies have already invested in technologies — like data warehousing, loyalty or identity management, and channel-specific experience delivery solutions — that form the building blocks for personalization execution. Avoid redundant investments by taking stock of how well existing technologies can deliver your requirements. Make the most of your remaining budget with AI-powered point solutions that can help you optimize the emotional resonance of your content, behavioral targeting, or audience and offers.29 Engage With An Analyst Gain greater confidence in your decisions by working with Forrester thought leaders to apply our research to your specific business and technology initiatives. Analyst Inquiry Analyst Advisory Webinar To help you put research Translate research into Join our online sessions into practice, connect action by working with on the latest research with an analyst to discuss an analyst on a specific affecting your business. your questions in a engagement in the form Each call includes analyst 30-minute phone session of custom strategy Q&A and slides and is — or opt for a response sessions, workshops, available on-demand. via email. or speeches. Learn more. Learn more. Learn more. Forrester’s research apps for iOS and Android. Stay ahead of your competition no matter where you are. © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 9 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession Supplemental Material Survey Methodology The Forrester Analytics Consumer Technographics® North American Online Benchmark Survey (Part 2), 2019, was fielded from October 2018 to January 2019. This online survey included 47,991 respondents in the US and 4,646 respondents in Canada between the ages of 18 and 88. For results based on a randomly chosen sample of this size, there is 95% confidence that the results have a statistical precision of plus or minus 0.5% of what they would be if the entire population of US online adults (defined as those online weekly or more often) had been surveyed and plus or minus 1.4% of what they would be if the entire population of Canadian online adults had been surveyed. Forrester weighted the data by age, gender, income, region, and broadband adoption to demographically represent the US and Canadian online adult populations. The survey sample size, when weighted, was 47,905 in the US and 4,639 in Canada. (Note: Weighted sample sizes can be different from the actual number of respondents to account for individuals generally underrepresented in online panels.) The programming language herein reflects the survey respondent base for each question. Bases for specific questions have been changed in published data for increased clarity. Therefore, the base in published data may not match the base language in this document. Dynata fielded this survey on behalf of Forrester. Survey respondent incentives included points redeemable for gift certificates. Companies Interviewed For This Report We would like to thank the individuals from the following companies who generously gave their time during the research for this report. Aimia Jamba Bond Brand Loyalty Jebbit Bowtech Kobie Brierley+Partners Merkle/HelloWorld Cheetah Digital PK Epsilon Rue Gilt Groupe Formation SessionM ICF Next T3 © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 10 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession Endnotes 1 Source: Bill Duggan, “Personalization: The ANA 2019 Marketing Word of the Year,” ANA Blogs, December 4, 2019 (https://www.ana.net/blogs/show/id/mm-blog-2019-word-of-the-year). Source: Forrester Analytics Global Business Technographics Priorities And Journey Survey, 2019, and Forrester Analytics Global Business Technographics Marketing Survey, 2019. 2 The cocktail party effect refers to the ability to focus one’s attention on a particular stimulus while filtering out a range of other stimuli (i.e., noise). Source: “The Cocktail Party Effect,” American Academy of Audiology, January 3, 2017 (https://www.audiology.org/news/cocktail-party-effect). Subsequent research shows that specific stimulus, such as hearing one’s name, is particularly effective in tuning selective attention. Source: Adelbert W. Bronkhorst, “The cocktail-party problem revisited: early processing and selection of multi-talker speech,” NCBI, April 1, 2015 (https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4469089/). 3 Fifty-six percent of consumers have unsubscribed from a promotional email or newsletter in the past 12 months. Source: Forrester Analytics Consumer Technographics North American Online Benchmark Survey (Part 2), 2019. 4 See the Forrester report “Personalized Video Creates Better Customer Service Experiences.” Net Promoter and NPS are registered service marks, and Net Promoter Score is a service mark, of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Ninety-three percent of US online adults use tools that protect their online privacy and security. Source: Forrester 5 Analytics Consumer Technographics North American Online Benchmark Survey (Part 2), 2019, and Forrester Analytics Consumer Technographics Global Online Benchmark Survey (Part 2), 2019. 6 See the Forrester report “Understand Your Customers To Build Trust: Forrester’s 2019 Consumer Privacy Segmentation.” 7 Source: “Express Drives Seven Figures in Sales to Loyalty Audience,” Jebbit blog (https://www.jebbit.com/blog/ express-drives-seven-figures-in-sales-to-loyalty-audience). 8 Source: Forrester’s Q2 2017 Global Customer Loyalty Solutions Forrester Wave™ Customer Reference Online Survey; Forrester’s Q2 2018 Global State Of Customer Loyalty Online Survey; Forrester’s Q1 2019 Loyalty Technology Platforms Forrester Wave™ Customer Reference Online Survey; and Forrester’s Q2 2019 Loyalty Service Providers Forrester Wave™ Customer Reference Survey. 9 The top three metrics retailers use to measure personalization are conversion rate, click-through rate, and average order value. See the Forrester report “The State Of Retailing Online 2019: Omnichannel, Marketing, And Personalization.” 10 See the Forrester report “The Customer Obsession Assessment.” 11 See the Forrester report “Chart Your Course To Customer Obsession.” 12 See the Forrester report “Value For Customers: The Four Dimensions That Matter.” 13 See the Forrester report “The US Customer Experience Index, 2019.” 14 See the Forrester report “Case Study: Geoffrey Insurance Boosts Customer Engagement With Personalized Interactive Video.” 15 See the Forrester report “Marketers Versus Customers: Opposing Forces Erupt.” 16 FOMO is the acronym for “fear of missing out.” Source: Forrester Analytics Consumer Technographics North American Online Benchmark Survey (Part 2), 2019, and Forrester Analytics Consumer Technographics Global Online Benchmark Survey (Part 2), 2019. © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 11 Citations@forrester.com or +1 866-367-7378
For B2C Marketing Professionals January 28, 2020 | Updated: January 30, 2020 Use Personalization To Drive Loyalty And Customer Obsession When asked what types of information (ranging from contact info to loyalty program information) they would feel comfortable with retailers using to personalize their experience, 20% responded, “None of these.” Source: Forrester Analytics Consumer Technographics North American Retail And Travel Topic Insights 3 Survey, 2018. 17 Source: CrowdTwist’s Loyalty Innovation Summit, October 3, 2019. 18 Source: Forrester Analytics Consumer Technographics North American Online Benchmark Survey (Part 2), 2019. 19 See the Forrester report: “Pivot To Person-First Personalization.” 20 See the Forrester report “The Anatomy Of A Preference Center.” 21 See the Forrester report “How Firms Help Employees Evoke Emotions That Deepen Customer Loyalty.” 22 See the Forrester report “Financial Services Firms Need To Rethink Personalization.” 23 See the Forrester report “Come Together (Right Now) To Deliver The Next Best Experience.” 24 Source: “1:You personalization with Dunkin’ and AutoZone,” Epsilon blog (https://us.epsilon.com/blog/1you- personalization-with-dunkin-and-autozone). 25 See the Forrester report “Make Customer Lifetime Value Your Polaris For Long-Term Growth.” 26 See the Forrester report “The Customer-Journey-Centric Firm.” 27 See the Forrester report “Bring Brand To Life With Customer Journeys.” 28 A strong partnership between marketing and technology teams is key to achieving customer success, but today, only 24% of B2C decision makers say their marketing team contributes resources to a cross-functional team with IT to support marketing technology initiatives. See the Forrester report “CMO-CIO Collaboration: Resolving The Paradox.” 29 For more information on AI-powered personalization technology, see the Forrester report “The Forrester Tech Tide™: AI, Automation, And Robotics For Customers And Employees, Q2 2019.” © 2020 Forrester Research, Inc. Unauthorized copying or distributing is a violation of copyright law. 12 Citations@forrester.com or +1 866-367-7378
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