Showing posts with label Customer Enchantment. Show all posts
Showing posts with label Customer Enchantment. Show all posts

Sunday, April 27, 2014

Seth's Blog: Deconstructing generosity

Just brilliant... Seth Godin at his best... Must read (sharing the entire post below.. Highlights are my take-aways!)


The connection economy is based on generosity. After all, why would someone want to connect to a selfish organization? But the critical need for generosity as an element of our new economy is easy to get lost because it leads to the question, “what is generosity?”

The obvious answer, I think, is the wrong one. Generosity is not merely giving a discount, or giving what you make away or creating a race to the bottom. It’s far more complex than that. Some thoughts:
It’s understandable that generosity creates trust, but also worth noting that trust is required to provide generosity. If a well-meaning person started leaving sandwiches all over the airport departures lounge, her goal probably wouldn’t be achieved, because we just don’t trust random unwrapped sandwiches left anonymously in public places.
That’s one reason why it seems so difficult to give ideas away online. We don’t know you, so we don’t trust you, perhaps not even enough to invest the time to find out what it is you’re trying to give us or how you're working to help us. Earning this trust, in an effort to be generous, is time consuming and dissuades some from going down this path. Sometimes this effort leads marketers to spam, to take shortcuts, to lie, all in a self-justified but ultimately doomed and deluded effort to be generous.
Sacrifice is a crucial element in our perception of generosity. When someone takes the time to share a finite resource, one that they cannot hope to be repaid for, generosity happens. So favors can’t be generous, because favors imply a sort of gift economy of repayment being due.
Kindness also rides along with generosity. When someone is generous with us but does it begrudgingly, just this one time, don’t ask again, face scrunched with tension, then no, it doesn’t feel generous.
Danny Meyer has revolutionized restaurant culture around the world (starting with Union Square Cafe and then with many other eating places) by placing an emphasis on generosity. Not the (sometimes unwanted) generosity of huge portions, nor the discounting approach of charging ever less, but in the generosity we feel when we’re waited on by someone who treats us with genuine humanity, with kindness and with care.
A variation on kindness is design. It’s entirely possible to create buildings or signs or products that are brutally efficient, where no effort is put into grace or style or beauty. But when the creator of the thing also donates the extra time and care to make it magical, it feels generous, a generosity that scales to all who use it.
There is also the generosity that we feel when someone comes with right intent. People likeBernadette Jiwa, Tina Roth Eisenberg and Mitch Joel have no ulterior motive in the work they share online. They share because they can, because turning on a light for themselves also turns on a light for others. This is not the trading-up version of selfish networking, it’s merely generous.
Vulnerability, as Brene Brown and others have written about, is a key element of what it is to be human, to make art and thus to be generous. The vulnerability of showing up and caring and connecting, even if this time, it might not resonate. And yes, vulnerablity builds trust, all in an endless cycle.
And the killer of generosity is bitterness. You may have noticed while traveling on airlines like American that many of the employees you encounter act as though they’re trapped. Trapped by a race to the bottom in efficiency, trapped by a long history of bureaucracy that offers no control and no room for humanity. In those situations, it’s easy to give up, to shrug one’s shoulders and to soldier on, just doing your job. It’s not surprising, then, that any attempt at organizational kindness instead feels like a poorly constructed marketing come-on, not the human act of generosity we seek.
We long to connect, all of us. We long to be noticed, to be cared for, to matter. Generosity is the invisible salve on our wound of loneliness, one that benefits both sides, over and over again.
PS: My thoughts, though I feel I am incapable of adding anything to this thought provoking post. There is a quote from Indian scriptures. 'Paropakarartham idam shareeram'. It means 'our physical body is to serve others'. If every thought, word and deed is performed with this awareness & firm belief, then you are not just being generous. Not just human. But, Divine... and that is our true entity! (that is the destination of my journey... miles to go!)



Seth's Blog: Deconstructing generosity

Thursday, September 19, 2013

CRMnext to help ICICI Group revamp consumer strategy | Business Standard

Initiatives such as these to integrate all relationship, across product & services within the bank will immensely help.
It would be still better to integrate also the cross-sell on insurance/MF within group.
If such systems are capable of integrating the family accounts, it would help, both banks & customers thereof.

The critical differentiator will be when every customer-encounter or touch-point is captured to guarantee holistic customer satisfaction... leading eventually to Customer Enchantment. ( across all banks, of course)



CRMnext to help ICICI Group revamp consumer strategy | Business Standard

Friday, June 21, 2013

Customer Service The Flipkart Way


Flipkart – Sachin Bansal, CEO/Co - Founder, suggests five ways to ensure Customer Delight in E-commerce - Source: Outlook Business/22 June 2013

Discussing Customer-Service, many threw up Flipkart as a brand which fits the bill. (Comments: Related to Banking)

1.    Listen to Customer – every customer touch-point/’encounter’, this is important… active listening to customer

2.    Under-promise & over-deliver: Surely important from a customer-service perspective, but relevant in any sales & marketing situation too. Ask any sales guy :)

3.    Have an User-friendly Website – More activities are going ‘on-line’. The on-line experience for a banking customer is not yet user-friendly. Looking at most of banks’ website, ‘simplicity’ is surely not what strikes us.   

4.    Go Mobile – Lot of banking transactions are already going ‘mobile’. But  basic transactions as of now, such as bill-payments & fund-transfers. Opportunity to enhance these features to make it convenient for customers & cost-effective for banks, also with enhanced security features.

5.    Offer Warranty – ‘After Sales Service’ is an area many banks do not really excel, across products. Lot of scope to improve, which is a differentiator, neglected by many banks with mass customer-base/retail.

Wednesday, March 20, 2013

Confessions of a Bank Customer

I am 'fortunate' to be client of two of the leading pvt banks in India.
"Why not just one", you may ask- good question !
"Neither of these two big brands are able to give me minimum service expected"

I am their cross-sell customer too - Xsell Victim, would be more appropriate!
Over the last few months I have shifted my home and status. But these folks find it difficult to handle a gypsy!!

I just wrote a mail to one of their group 'securities' company (all pretensions of their ALM securities have failed, as per the recent reports! They failed, as it was just pretension !)

I got this reply from them.
-----------------
Dear Investor,
Thank you very much for writing to us .

This is an auto-response by the Client Services Team just to let you know
that we are in receipt of your e-mail on the captioned subject. It will be
our best endeavour to revert to you in the earliest possible time. For
standard queries / requirements like statement of account etc, we would
respond within 2 business days, or certainly earlier, where possible.

Should you need to contact any of our Investor Service Centres (ISCs), you
may get in touch with us between 9.30 a.m. and  5.30 p.m., Monday through
Friday on all business days, and we shall be glad to assist. Our contact
numbers are: #### (Toll-free) or  ### (Do not prefix STD code)

Assuring you of our best services.

Sincerely,

--------------
In the first place, why an automatic reply at all. At best it can be a one-liner acknowledging receipt. Or, just fix it and write back. Something a more customer-friendly company such as Amazon does. ( numbers changed to ####)

Miles to go.... for customer enchantment

Saturday, January 5, 2013

Tata inaugurates flagship showroom | News | Autocar India

This is interesting for two reasons -
  1. Tata Motors is 'investing' in Indian car operations, which is long over due... Indian ops should catch up, at least to some extend, with global (= JLR ).The local PV brand & customer deserves it.
  2. Investing in 'jazzy' infrastructure vs investment in the personal - a customer would prefer the latter. This problem is not specific to Tata car brands, but across most of them. 
A sincere, professional and dedicated team ( sales, service & others) would ensure Customer Enchantment.

A frugal showroom, but a good product & great service @ all customer touch-points would lead to customer satisfaction.

Tata should invest in training, development of personal and process to reach higher levels of #CustomerEnchantment

Tata inaugurates flagship showroom | News | Autocar India