Voice of Customer (VOC) Customer Insights & Engagement
Proceed with confidence by understanding Voice of Customer
Aurora GPS helps organizations understand the true drivers of Voice of Customer using deep Customer Insights. There is no shortage of raw data. In fact, your organization probably already has it in spades: Point of Sale data, survey responses, web site traffic, and much, much more. There is plenty of data, but precious little insight. Aurora GPS helps put all of the data into a meaningful context with a mix of rigorous and time-tested analytical methods combined with experienced human intelligence gathering.
- Separate good data from bad data by understanding the broader context using human analysis
- Use that new context to discover new insights from existing data sets
- Learn how to put data to use in order to drive strategic decision making
Business Outcomes You Can Expect from Voice of Customer (VOC) and Customer Insights
- Increase marketing effectiveness and efficiency
- Segment your audiences
- Close more deals
- Discover unmet or undermet customer needs
- Receive early warning on positive and negative market trends
- Ask better questions of your customers to drive smarter actions
Voice of Customer (VOC) Mission Portfolio: Why Customers Prefer People to Machines
A financial services firm wanted to better understand why its customers still preferred human advisors while its competitors all had made the transition to automated online tools. Maintaining a large-scale human network put the firm at a margin disadvantage compared to its rivals, and the firm’s CEO was under increasing pressure from its Board of Directors to make a change. Was it the quality of the firm’s online tools? A quirk of the firm’s customer base? Or some other factor?
Through a series of client interviews, Aurora GPS was able to understand the nature of its clients’ reluctance to switch to an online-first advisory model. Clients did not feel a positive association with the firm, and they remained loyal to their advisor. Previous attempts by the firm to add online tools (and their rollout plans internally) pitted advisors against the robots. While the online advisors certainly could handle many routine client needs better than a human advisor (who might need to break for lunch), clients did not trust the tools without the support of their human advisor – and that support was not forthcoming.
Using this information, the firm rethought its approach to online client service. It engaged its human advisor network to pose a new question: How could online tools complement and build your client relationship? The subsequent relaunch saw a significant share of wallet expansion, quickly quieting concerns that the human advisors were “too expensive”.
Three ways to engage with Aurora GPS for Voice of Customer (VOC) services:
Engagement Level 1: Quick Hits
Approximate timeline: 30 days
Engagement Level 2: Systematic Voice of Customer Review
Approximate timeline: 8-12 weeks
Engagement Level 3: Ongoing Voice of Customer Monitoring
Approximate timeline: Ongoing