B2B companies are waking up to the fact that success demands consistently delivering on customer expectations over the relationship’s lifetime. A recent IBM study found that CEOs are worried that their management teams don’t fully understand the expectations of prospects and customers, or how to operationalize their customer experience strategy fast enough.
The concern is justified. Marketers did not list knowing their customers’ journeys as a priority in Saleforce.com’s ExactTarget Marketing Cloud 2014 State of Marketing study of over 2,500 participants. Ironically, in the same study, marketers listed their number one priority as driving higher conversion rates. An objective that isn’t achievable unless you understand your customers’ journey.
While marketers gnash their teeth over how many emails to send and if texting increases loyalty, their CEOs are questioning why marketing isn’t embracing customer-led best practices — in other words, doing things differently.
CEOs lose faith in their management teams when they realize that customer experience is more than just a slick marketing campaign, better call center performance or publishing the company’s values on its website. Being customer-aligned changes every part of the company and most management teams are at a loss of where to begin.
Removing the Guesswork with Journey Maps
The place to begin is with journey mapping: a tool used to discover, in detail, customers’ actions and experience expectations. These maps, developed through the lens of each major buyer group, capture the detailed actions as well as the internal and external interactions buyers have from the initiating trigger event through purchase and product usage. What resources buyers look for, where they go to find them, trusted sources they turn to, decisions they make along the way, how emotions impact those decisions, and what they expect from vendors are all components of a journey map.
Done correctly, journey maps reveal a plethora of actionable knowledge. They take the guesswork out of which interactions should be digital versus physical, what content to offer, sales methodology, customer success process models and product roadmaps. In fact, there are over 30 uses for the information journey mapping produces, not destinations. Journey maps change over time because buyers’ expectations change as well as business problems mature — the latter being a big blind spot for companies.
The Maturity Factor
How buyers go about solving a mature, well-understood business problem is very different from how they go about addressing an emerging opportunity. Their mindset, success metrics, journey steps and expectations are radically different. There is a direct correlation between the composition of a buyers’ journey and the maturity of the underlying problem or opportunity being solved.
For example, the buyers’ journey a Vice President of Sales takes to implement standardized sales processes and reporting for his team is very different from the journey the same vice president would take in finding a way to help his sales team effectively replace cold calling with social selling. The first is a very mature business problem that is widely understood and documented with established best practices. The solution set is well known and includes purchasing a customer relationship management solution like Salesforce.com. The second is an example of an early stage business problem that is not well understood, lacks best practices, no clear alternative approaches to consider, and no track record of success.
The first journey is straightforward and relatively short. The VP of Sales will focus on what modules he needs, which post-purchase support program, price, and tap into his social graph to understand the ‘tips and tricks’ to getting the customer experience he wants. The second example’s journey is long and unstructured with the VP heavily researching social selling principles, repeatedly tapping into his social graph to learn if and how others did it and what the outcomes were. Given how nascent this problem is, the VP will approach it with a “let’s experiment and see what happens” attitude. Quite different from the first example which has a well understand and well publicized roll-out and training plan that involves the entire sales and marketing teams.
Understanding how journeys change as problems mature is critical to organizations looking to successfully operationalize their customer-centric strategy. Sellers that understand this evolution and incorporate it into their strategy are nimbler and can more easily meet buyer expectations. One way to understand the evolution of buyer’s journeys is through the use of archetypes.
- Told You So: Ektron is Merging with EPiServer
- Where Document Management Went Wrong
- Five Hot HR Tech Trends for 2015 [Infographic]
- Who Wins, Loses in Ektron-EPiServer Web CMS Merger?
- IDC: 10 Predictions For Emerging Technologies In 2015
- 8 Companies Leading ECM Into 2015
- EMC Documentum Group Changes Its Name and Leader