The future is exciting, with new technologies opening up ways to understand your customer better than ever before. The ability to stretch the picture of your customer from how they transact to how they interact with you through hundreds of touch-points; the complete journey of seeing, thinking and doing that leads to that final purchase - and repurchase - and where they might abandon is critical to understand, according to a white paper from loyalty specialist Ikano Insight.
In this context the paper, entitled 'The future: Omni-channel or overwhelming?', defines 'omni-channel' as a focus on a seamless approach to the customer experience, using all available customer-facing channels, and argues that how a customer engages with a brand is equally as important as the channel interactions they make - and this is the challenge that omni-channel presents for marketers.
New technology creates new ways of serving targeted offers to specific points in the customer journey; in-store micro-location offers, and HTML5 dynamic banners serving personalised messages across all devices and browsers mean that the Place and Promotion elements of your marketing mix are more advanced and exciting than ever before.
But with excitement and rapid progression comes the potential for meltdown; where either the mass of data created cannot be processed or becomes expensive to understand, and the resulting offers served are no more relevant or targeted than before.
At worst marketers excited by new data sources and technology communicate to the customer through multiple channels, only to leave the customer tired and desperate to get away from the noise created by multiple brands bombarding them with irrelevant messages. This can result in disengagement not only from communications, but also from the brand altogether.
The key to a win-win scenario for both marketers and consumers is the ability to intelligently target the right messages top customers; Millennials in particular are happy to provide data to brands, but this comes with the expectation they won't be served irrelevant messages. You must deliver on that expectation or risk losing the customers who would have given you the most insight. This includes the placement of the message as well as the content.
Customer focused technology
It's easy to get carried away by the sales messages of a technology firm and an ever-increasing wish-list for investment. Step back and think about which new technology is the best match for your customers. Some transactional technology, such as Near Field Communications (NFC), has been successful in some cultures and not others. Ultimately, technology has to fit with your business proposition - what engages one business's customer might have the opposite effect on others.
Location technology dominates the loyalty press at the moment. Start by thinking about your ultimate objective and what you already know about your customers:
Remember that the fundamentals of marketing haven't changed, the options open to you have increased. Getting a personalised offer on-site is nothing new - the UK's Boots Advantage Card kiosks have been with us for over 15 years. Whether you ask people to visit a kiosk, download an app, tap an NFC tag or scan a QR code, each channel needs to be enabled to provide a consistent customer experience. Ultimately, it's about where in the transactional process you have the best chance to influence purchasing in an easy and attractive way for your customer while creating a seamless experience.
The full white paper has been made available for free download from Ikano's web site - click here (free registration required).
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