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Shifting from Customer Communication Management to Customer Experience Management Increases Business Value
A CXM Strategy And Modern Communications Technology Can Drive Meaningful Change In Your Customer Communications
Most organizations have some level of communications management in place to handle their routine communications with customers. Traditional customer communication management allows you to provide individual, regulated and transactional communications across multiple channels on a regular (scheduled) cadence.
But beyond routine communications, organizations can dramatically increase customer engagement by moving towards a system of customer experience management, or CXM. A centralized CXM strategy builds strong customer relationships with consistent, customer-centric interactions based on a real-time understanding of current customer needs. It’s the natural evolution of a customer-centric omni-channel communications strategy, and can be achieved using a combination of modern communication technologies and an overarching CX strategy.
We can help you drive meaningful change in your customer communications by combining an effective CXM strategy with our modern communications technology. TALK TO A DOXIM CCM EXPERT TO LEARN MORE
How Does CXM = Increased Business Value?
We are living in a time of increased commodification, across the board. Whether your customer is considering which bank to invest with, or which healthcare or insurance provider to work with, they have many options. In this environment, customer experience becomes a key differentiator – perhaps the most important key differentiator your company can possess.
- Consider the following facts about customer experience:
- Customers tell an average of 9 people about a positive experience with a brand, but they tell 16 people about a negative experience.
- 80% of customers say they are more likely to do business with a company if it offers personalized experiences.
- Companies that lead in customer experience outperform laggards by nearly 80%.
- 96% of customers say that service is important in their choice of and loyalty to a brand.
Given the impact that customer experience can have on every facet of your customer relationships, from loyalty to share of wallet, it’s no wonder that companies across the globe are starting to see exceptional CX as their competitive edge.
So, how can your organization pull ahead and meet today’s demanding customers in the moment, with personalized interactions that add value to their lives at every point in the customer lifecycle?
Customer Experience Management for Meaningful Customer Engagement
Today’s customers expect seamless omni-channel communications, and they also expect to be able to interact with your organization in effortless, meaningful, and deeply personalized ways. To meet these needs, your customer communications and digital interactions must all originate from a central customer experience management (CXM) strategy, which is based on having a full understanding of how customers behave and their preferences.
But a CXM strategy is only a starting point for meaningful customer engagement. To get results, it needs cross-organizational buy in, and an investment in the right technology.
Business users across the organization need to be empowered to create meaningful interactions with your customer base, leading to increased customer loyalty and wallet share, and ultimately to greater business value for your organization.
To understand how the combination of CXM strategy and modern communications technology can drive meaningful change in your customer communications, consider the following:
Without CXM, communications are:
sparse/ only occur as dictated by regulations or business needs
disjointed, with different or confusing messaging across channels or business units (billing, customer service, etc.)
delivered via the channel that is simplest for the organization to use
With CXM, communications are:
frequent and ongoing, to meet customers’ increasing desire for contact
connected – one triggers the next for a seamless, multi-channel, multi-step experience
omnichannel, so customers are engaged with complementary messages across a variety of channels
Arrive on a scheduled cadence only (monthly, quarterly, annually)
Impersonal, or with very limited “fill in the blanks” personalization
delivered through a preferred channel for a more convenient customer experience
ad hoc and interactive, designed to meet customer needs and answer questions in the moment
hyper-personalized with data-driven insights, to give a true 1:1 experience
How Doxim Can Help Increase Business Value Through CXM
As a single, trusted partner offering a holistic CCM solution that will meet all your CXM needs, Doxim can help you operationalize your customer experience strategy and make every interaction count.
Doxim’s omnichannel CCM Platform can empower your business users to generate the frequent, ongoing, and personal interactions your customers crave, and distribute these communications through multiple channels (via print, PDF, HTML, email, text, and online interactive experiences).
The omnichannel capabilities of the platform are such that when a customer calls in to speak to a service representative or engages with a chatbot, both human and machine can provide immediate assistance by calling up the communication or document that the customer received. This keeps every customer communication connected, making multi-step, omnichannel customer interactions a reality.
Behind the scenes, Doxim’s seasoned client experience experts can also help you encourage customer engagement and consult on creative communication design that delivers a great user experience.
And of course, Doxim’s customer communications management technology offers you all the security and compliance features you require to keep your customers’ sensitive data secure, plus the scalability and flexible pricing you’d expect from a modern SaaS-based solution.
Future-proof your CXM strategy with Doxim! Let’s chat through your organization’s customer experience requirements. CONNECT WITH A DOXIM CCM EXPERT
Olga focuses on delivering business value to Doxim’s clients through world-class SaaS CCM solutions. She has a strong background in CCM technology for the regulated industries, product management and project management.
Olga joined Doxim in 2017 as the head of Product Marketing, Demand Generation, and Communications, and prior to Doxim, held product, marketing and strategy leadership positions at companies of all sizes, from startups to Fortune 500, including Telmetrics, OpenText, and JVL.
Olga holds an MBA from the Paul Merage School of Business at the University of California, an Honors Master's degree in Finance, and an Honors Bachelor's degree in Economics and International Management. Olga is a regular contributor to industry media, covering topics in marketing, financial services, productivity, and work management.
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