Creating a Customer-Centric Business Operations Strategy: A Guide for Success
Stacy Whitenight, PMP, MS
Director of Business Operations | Sales Operations | GTM Strategy | Program Execution | Process Optimization | Data-Driven Decision Making | Keynote Speaker and Best-selling Author
As a business owner, you know how crucial it is for your company to create a customer-centric strategy. You also know that there are many factors that can affect the success of this strategy once it’s put into place. For example, if your sales team isn’t properly trained on how to handle customer inquiries or if your supply chain doesn’t allow for quick order fulfillment times, then your overall operations may suffer in the long run. In this blog post, we’ll cover some tips on creating a successful customer-centric business operations strategy — from making sure all your teams are on the same page when it comes to customer service standards and expectations to ensure that all parts of your organization have access to shared data whenever they need it most.
Understanding your customers.
The first step in creating a customer-centric business operations strategy is to understand your customers. This may seem obvious, but it’s something that many businesses fail to do or take for granted. In fact, understanding your customers is not just about demographics (age, abilities, gender, income level) or psychographics (lifestyle choices). It’s about knowing what they want and need from you — and how they think about their experiences with you and other companies like yours.
Understanding this can help guide everything from product development decisions through marketing efforts all the way down to service delivery methods so that each aspect of the business supports its overall mission: satisfying customers’ needs better than anyone else does it anywhere else around them — and making sure those experiences are memorable ones worth sharing with others!
Diving deeper to understand your customers
The first step in creating a customer-centric business operations strategy is to understand your customers. You can do this by conducting market research, which can be done in several ways.
Using customer data to build better products and services.
Customer data can be used to improve products and services. For example, customer feedback can help you make changes to your product or service offerings. You may find that customers are asking for more of one thing, less of another and so on. This type of information will help you determine what features are most important to them so that they’re satisfied with their experience with your company.
Customer data also provides valuable insights into how users interact with your site or app in order for you to improve its usability or functionality (for example, making sure there aren’t any bugs). In addition, using analytics tools such as Google Analytics allows business owners access to real-time insights about their visitors’ behavior patterns — which can be used when developing new products/services based on those findings!
Aligning organizational culture with customer-centricity
Organizational culture is the shared values and beliefs of your organization. It’s what keeps employees focused on delivering great customer experiences, even when it’s not easy to do so.
Customer-centricity isn’t just about the products or services you offer; it’s also about how you interact with customers throughout their journey with your brand. That involves everything from marketing campaigns to sales processes to customer support interactions — and many other touchpoints along the way.
To help align organizational culture with customer-centricity, leaders should consider how they can improve training programs for employees (especially frontline workers), develop programs around leadership development within the organization, integrate customer-centric values into company mission statements/vision statements and performance reviews, measure key metrics related to customer experience over time (such as Net Promoter Score, we’ll get to that shortly), create an environment where collaboration between employees across departments is encouraged while still maintaining accountability for results at each level within an organization
Optimizing Customer experience
In order to optimize your customer experience and ensure that you’re delivering the most value to your customers, it’s important to identify pain points in their journey. This can be done through business process analysis and customer journey mapping.
Once you’ve identified these pain points, there are several ways you can address them:
Creating an engaging experience — The key to any successful business is creating a positive experience for customers that makes them feel engaged and valued. This means making sure that your interactions with customers are personalized, easy to complete on their end, and most importantly enjoyable.
Leveraging customer insights to drive growth.
Customer insights are the key to growth. Customer insights help you understand what your customers want and how they want it delivered, which in turn helps you make better decisions about what products and services to offer, how much to charge for them, where to invest marketing dollars (and when), which distribution channels are best suited for each product or service — the list goes on and on. The more customer-centric your business operations strategy is — that is, the more closely aligned it is with what people actually want from your company — the greater its chances of success will be.
A customer-centric business operations strategy is not just about sales or marketing. It’s about how you interact with your customers at every touch point, from the moment they first discover your company and its products to the very last interaction they have with you before making a decision to do business with you or not. And it includes all those interactions that happen outside of your direct control, like social media, word-of-mouth recommendations, reviews by industry experts and influencers, etc.
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Leveraging technology to enhance customer-centricity
As you build your customer-centric business operations strategy, it’s important to consider how technology can help you achieve your goals. The use of technology is a key enabler of customer-centricity because it allows organizations to capture and analyze data about customers and their experiences, making it possible for them to understand what their customers want from them in real-time. For example:
While all of these tools can help brands gain a competitive advantage, they don’t work well in isolation. In order to create an effective omnichannel CRM strategy, businesses must integrate all of these technologies into one cohesive system that allows them to collect customer information from different sources and then use it for marketing purposes.
Measuring the success of customer-centric operations
The success of your customer-centric operations strategy is measured by how well it aligns with the goals and objectives of your organization. To do this, you’ll need to regularly evaluate the effectiveness of your processes and make adjustments as needed.
Key performance indicators (KPIs) are measurable metrics that allow you to gauge how well you’re performing against specific goals and are used to measure the success of many operations, including customer-centric ones. KPIs can help you determine if your efforts are producing the desired results and allow you to make adjustments as needed and is a good way to measure the success of your operations. For example, if you’re measuring customer satisfaction and loyalty, you might use KPIs such as customer retention rate and NPS score. If your goal is to increase revenue through cross-selling, upselling or cross-pollination, then other metrics like sales volume per unit sold or average order value would be more useful. They can be used at different levels of your organization, such as departments or individual employees. It’s important to track these metrics over time in order to determine if adjustments need to be made.
Net Promoter Score (NPS) is a metric that can be used to measure customer satisfaction and loyalty. It’s based on the question: “How likely is it that you would recommend [company] to a friend or colleague?” Customers are categorized into three groups: Promoters (score 9–10), Passives (score 7–8), and Detractors (score 0–6). It’s calculated by subtracting the percentage of detractors from the percentage of promoters and then dividing that number by one minus the percentage of detractors.
According to Bain & Company, if your company has an NPS of 50 or above, then it’s considered high quality. You can use NPS in conjunction with other metrics like customer satisfaction scores or revenue per customer to determine what actions you need to take in order to improve your customer experience overall.
Customer Satisfaction Score (CSAT) is a metric that measures how satisfied your customers are with your products, services, and brand. In order to obtain a CSAT score, you need to ask your customers a few questions regarding their experience with your product or service. It’s a measure of how satisfied or dissatisfied each customer is with their experience, on a scale from 1 to 10. A score of 10 indicates the highest degree of satisfaction and 1 the lowest degree of satisfaction. You can use this metric to compare your performance year over year or against competitors, but keep in mind that it doesn’t necessarily reflect loyalty levels. You can use CSAT in conjunction with NPS to determine which areas your company needs to improve on.
Customer Effort Score (CES) is another measure of how easy it is for your customers to do business with you. It’s the sum of two components: perceived ease of use (PEOU) and perceived effort (PE). PE represents the amount of time, effort, and frustration required for them to get what they need from you. The higher your CES score, the more effortless your customers find their experience. You can use this metric in conjunction with CSAT to determine which areas of your business you need to improve on.
Collecting and analyzing customer feedback is an invaluable tool for continuous improvement. It allows you to identify your customers’ needs and expectations, as well as their satisfaction with your product or service. When you collect customer feedback in real-time, you can quickly act on it and improve the experience for future customers.
Case studies: Successful customer-centric businesses
Customer-centric business operations strategies have helped companies across industries grow their revenues and profits. Here are some examples of businesses that have adopted customer-centricity as a way to stay competitive:
The list goes on and on. Companies like Whole Foods Market and Apple are constantly innovating around ways they can make their products more attractive to consumers while also delivering better customer service experiences than their competitors do.
Design and innovation for your customer
What’s the takeaway? If you want to be successful in today’s world, you need to focus on the experience that your customers have with your brand. That means keeping an eye on what other companies are doing and thinking about how you can improve upon their innovations. It also means thinking outside the box and coming up with creative ways to make your brand stand out. You don’t want to be just another company trying to sell a product; you want to be the one that people remember because of how much value they get from it.
Be thoughtful about how you improve your customers’ experiences. It’s not enough to just add new features and services; you have to think about what those changes will mean for the people who use them. How can you make shopping easier? How can you make it more enjoyable? How can you make this accessible to a larger audience? It means focusing on the customer experience, not just your product or service. It means being innovative, even if that means stealing ideas from others. It also means getting out of your own way and letting your customers tell you what they need. If you’re looking to improve your customer experience, start by listening to them.
A lifelong learner and researcher that believes in the power of analytics, people, and tech to not only tell but build the story of customer experiences.
1 年Great article and couldn’t agree more