Lesson 2 Flashcards

1
Q

What is the pre-purchase experience

A

Where you figure out how and why your future customers learn about your brand, research your product and ultimately decide to make a purchase

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2
Q

What are the 3 stages of the pre-purchase experience.

A

Discover, Research, Purchase

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3
Q

Explain the Discover in pre-purchase experience

A

Just discovered and are developing an awareness of your product or service. The way consumers perceive your brand influences the likeliness they are to consider making a purchase

Optimise the customer experience at this stage can consider the following:
 Potential customers looking at your online products online
 Potential customers visited in-store

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4
Q

Explain the Research in pre-purchase experience

A

This is when the potential customers seek out information about the brand, product and pricing. father information from online reviews, recommendations, compare products with competitors

o Consider: how to track and measure inbound traffic, online interactions and social media engagement

Questions:
 Where is our inbound traffic coming from?
 Time spent visiting each page of website?
 Frequency of engaging with us on social media?

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5
Q

Explain the Purchase in pre-purchase experience

A

Where the conversation and actions that take place leading up to the sales happen. We should pinpoint which interactions are most likely to result in a purchase.

Questions:
 Action customers take before purchase
 How do pre-purchase metrics impact revenue
 Conversion rate
 Adjustments to be made to improve our conversions

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6
Q

List the brand interactions (5)

A
  • Product/service
  • Marketing
  • Customer service
  • Point of sale
  • Call centre
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7
Q

What are brand touchpoints

A

Any point of contact between a business and its audience of customers and potential customers from start to end

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8
Q

Considerations on brand touchpoints

A

Each time your audience interacts with your brand there is an opportunity to strengthen your relationship with them

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9
Q

List the stages in Customer Analysis (8)

A

Social Listening: customers values during interaction
Touch points maps: uncover hidden satirisers/ dissatisfiers
Journey maps: become more relevant for customers
Predictive Analytics: Discover unmet customer needs
Adaptive Conjoint analysis: Their values
Segments: target customers
Personas: Personality of each customer segment
Survey: walk in their shoes

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10
Q

What is Voice of Customer

A

Voice of the customer is the process of defining what your customers expect, want, need and dislike about your business

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11
Q

How do we evaluate the voice of customer

A

Quantitative tools: online survey
Qualitative tools: In-depth interviews

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12
Q

What does a touchpoint map do

A

Uses a business lens and has more details revolving around the process in place to deliver those thoughts and emotions

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13
Q

List the 5 stages of the Customer Journey Map

A

Awareness: Online ads, brochure, word of mouth, press release
Consideration: direct email, reviews
Purchase: Main website, event site
Retention: Event evaluation, online community
Advocacy: Blog posts, word of mouth, social networks

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14
Q

What is customer experience in their journey

A

Define and measure a metrics and give a score to each touchpoint to in the journey map

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15
Q

List the ways to segment customers

A

Pain points
Demographic segmentation
Customer persona
Survey
Customer lifestyle
Psychographics

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16
Q

Explain pain points and Demographic segmentation in customer profile segmentation.

A

Pain points: persistent problems experienced by customers in your market e.g. unable to track purchase, lack a crucial feature on the platform they are using
Demographic segmentation: Age, income, gender, education, occupation, martial status etc

17
Q

Explain Customer persona

A

o a fictional representation of your brand’s typical customer.
o Have a strong influence on how content is written.
o Help everyone understand and target the same customer
o Effective persona are described as if a real person with a nae, career motivations, goals and problems
o Considerations when building a persona: preferences, aspirations, reading and social media habits, factors in purchase decisions, key influences, daily routines, pain points, language/lingo used, key words and phrases

18
Q

What are the 5 steps in crafting a survey for customer segmentation

A

o Ask: ask yourself why you want to send it
o Pinpoint: pinpoint your target demographics
o Identify: identify the number of respondents you need
o Pick: Pick the right moment to conduct a survey
o Design and send: Design and send the survey

19
Q

What is Customer lifestyle in customer segmentation

A

o Refer to the ways customers live and spend their time and money
o Values and lifestyle

20
Q

How do we classify consumers in customer lifestyle

A

Resource available
* Financial, educational and intellectual
Primary motivation
* Ideals, achievements and self-expression

21
Q

What are the 8 segments in customer lifestyle

A

Innovators:
o Successful, sophisticated people who have high self-esteem
o They are motivated by achievement, ideals and self-expression
o Image is important to these consumers
* Thinkers
o Ideal motivated people
o Mature, reflective who value order and knowledge
o Have relatively high incomes and are conservative, practical consumers
Achievers
o Have an achievement motivation and are politically conservative
o Lives centre largely on church, family and career
o Image is important to this group and they prefer to purchase prestige products
Experiencers
o Self-expressive consumers who tend to be young, impulsive and enthusiastic
o These consumers value novelty and excitement
Believers
o Similar to thinkers as they are ideal motivated and conservative
o Follow routines, live largely centre on home, family and church
o do not have the resources of thinkers
Strivers
o Achievement motivated, but do not have the resources of achievers
o Shopping is a way for them to demonstrate their ability to buy others
Makers
o Motivated by self-expression
o Fewer resources than the experiencers
o Tend to express themselves by their activities such as raising children fixing cars or building houses
Survivors
o Very low resources ad are constricted by this lack of resources
o Tend to be elderly consumers who are concerned with health issues who feel the world is changing too quickly
o Not active in the marketplace because their primary concern centre around safety, family and security

22
Q

What is Psychographics

A

Refers to the way consumer lifestyles are measured
Determine a person’s lifestyle by discovering how he spends his time, what he finds interesting and important and how he views himself and the world around him
Use AIO statements
* Activities: E.g. I spend much of my time camping
* Interests: E.g. I am very interested in the latest camping gears
* Opinions: E.g. camping is the best way to spend free time

23
Q

What does AIO mean

A

Activities, Interests, Opinions