The Customer Journey (7) Flashcards
A good way to look at the relationship between customers and service providers is using a _______ metaphor.
journey
If the experience goes well, the relationship usually continues and deepens. _____ develops, providers understand and anticipate customer needs better and customize services for them. Customers develop _____
Trust, loyalty
how can customer loyalty impact a brand?
The most loyal customers even serve as advocates, or brand “ambassadors” for the providers they love.
What is a service encounter?
an interaction between the customer and provider
Some service providers use a process called _________ __________ to create a visual representation of every encounter and experience a typical customer can have.
journey mapping
What is journey mapping?
a process to create a visual representation of every encounter and experience a typical customer can have
Journey maps…
Are built from the customer’s perspective
Include all points of contact between a customer and a provider (touchpoints), digital and physical
Span the full customer relationship lifecycle
What are touchpoints?
digital and physical points of contact between a customer and a provider
digital and physical points of contact in the srvice relationship lifecycle are called…
touchpoints
Journey mappings are built from the ________ perspective
customer
Journey mapping Include all points of contact between a customer and a provider digital and physical called…
touchpoints
Journey mapping spans the full customer relationship _______
lifescyle
The heart of services marketing is…
consistently providing superior customer experiences,
The heart of services marketing is consistently providing superior customer ______
experiences
journey mapping is one of the best tools to ensure the customer ______ is excellent.
experience
what is a tool used to ensure an excellent customer experience?
journey mapping
.
Mapping every touchpoint and experience in the customer journey helps providers understand which encounters build _______ and loyalty and which ones are ________.
satisfaction, problematic
Effective journey mapping requires getting detailed _____ directly from customers,
input
How can a marketer get detailed input from customers?
through focus groups or the depth interviews
What is the most important payoff of providing grwet customer experience?
maximizing lifetime value of customers to the business.
when service providers retain their customers, _______ accrue over the life of the relationship.
profits
What does CLV stand for?
Customer lifetime value
what does Customer Lifetime Value (CLV) mean and measure?
CLV is a measurement of how valuable a customer is to your company with an unlimited time span as opposed to just the first purchase. This metric helps you understand a reasonable cost per acquisition. CLV is the total worth to a business of a customer over the whole period of their relationship.
Customers don’t just arbitrarily decide to continue using certain service providers. When the experiences providers create is consistently excellent, customers remain ______ and grow_____, mutual trust between the customer and provider grows, and customers even _______ on behalf of service providers.
satisfied, loyal, advocate
Loyal customers are…
ar less likely to consider competing service alternatives
less price sensitive than new customers
open to purchasing other services the firm offers
advocates for the service brands they love, which can lower provider marketing costs
sources of new ideas and suggestions for growing the business
more forgiving of service failures
more profitable
What type of customer project these behaviors?
advocates for the service brands they love, which can lower provider marketing costs
sources of new ideas and suggestions for growing the business
more forgiving of service failures
loyal customers