How To Grow Your Customer Base This Peak-Period: Salmat CMO

How To Grow Your Customer Base This Peak-Period: Salmat CMO
SHARE
THIS



Increasing your customer conversion is important throughout the year, but if you are a business with peak periods, conversion is absolutely crucial during these times, says Salmat CMO Sarah Pike in this guest post.

A good example of this comes from the private health insurance industry where the annual health insurance rate change in April and the end of financial year are business critical periods for these companies, and only those that can offer a good customer experience succeed.

During these times, millions of customer are shopping around for the best deal on their health insurance, but if these businesses can’t give them the information they need quickly and easily, they’ll look elsewhere.

Be ready to answer the call

No matter how good your contact centre is, the pure volume of calls coming through during the peak seasons will most likely be too much to cope with, diminishing your customer service standards. An on-demand contact centre is a great option to help you manage the load in the short-term to ensure customers aren’t on hold for too long and sales aren’t lost.

An outsourced contact centre can also help with outbound calls to online customers requesting a quote or more information. According to Forbes, companies waste 71 per cent of potential leads, with one of the main reasons being a failure to respond fast enough.

Pop-up contact centres are a cost-effective way to scale your call centre up and down when you need, ensuring the contact centre team can maintain its performance through the busy times.

Create a slick online experience

More and more Australians are shopping online with the Australian Communications and Media Authority reporting that three quarters (77 per cent) of Australian adults undertook an online transaction last year.

When it comes to your website, first impressions count, as researchers found that it takes less than two-tenths of a second for an online visitor to form a first opinion of your brand once they’ve perused your website. What does your website say about you?

When looking to improve your customer experience online, it’s good to start with the data you already have. Take advantage of Google Analytics’ Site Search to find out what your customers are searching for, where they are coming from and where they are going. Make sure you filter your keywords regularly to optimise the words that are working well and save money on the keywords that have high costs but low conversion.

Of course visuals are important, but text is even more crucial. While insurance isn’t sexy, it’s important your copy isn’t boring, otherwise your customers will click off. Be sure your website copy is compelling, interesting and most importantly, unique.

Finally, is it optimised for mobile? Research by PayPal and Ipsos found that Australian smartphone owners do much of their shopping research on the go, with 30 per cent using their mobile to search for information on products, 27 per cent using it to find a physical store or information about a business, and 23 per cent using it to read customer reviews. In 2016, a mobile responsive site is essential.

Be ready to respond immediately

A global study by LivePerson found that 83 per cent of customers require some degree of customer support while making an online purchase, and 31 per cent will take their business elsewhere unless help is accessible immediately. You need to make it easy for your customers to contact you 24/7 with some form of online front desk such as live chat or a virtual agent.

Investing in a virtual agent will help ease the pressure on your contact centre, while returning the right answers 80 – 90 per cent of the time. They also capture every query, helping you pinpoint insights and unlock customer behaviours. Utilities company EPCOR implemented a virtual agent to adapt to changing customer preferences and within the first year, the company saw over 60,000 queries answered online, with an unanswered rate at a low 0.12 per cent. This sharply reduced call volumes and made a marked improvement in customer satisfaction.

Live chat also has a high customer satisfaction rating and is proven to help conversion, with 51 per cent  of customers stating that they were more likely to purchase from a website if they could get answers via live chat. Tax and finance software company Intuit utilised live chat so effectively they increased their conversion rate by 211 per cent, and increased average order value by 43 per cent.

Australian companies across the board fail to deliver an excellent customer experience according to Forrester’s 2015 Customer Experience Index. However, this is changing, with 50 per cent of brands stating that improving customer experience is their top strategic priority.

If conversion is taken seriously and resourced properly, big gains can be made. Customer experience is often the difference between the winners and the losers, with CX leaders outperforming customer experience laggards by around 20 per cent on metrics like advocacy, recommendation, retention and willingness to repurchase.

Latest News

Diesel Unveils Latest Oddball “Capsule” Campaign That Puts An End to Boring Meetings
  • Campaigns

Diesel Unveils Latest Oddball “Capsule” Campaign That Puts An End to Boring Meetings

Italian fashion brand Diesel has unveiled its latest campaign and it’s possibly one of the nuttiest yet. The work of Publicis Italy, the campaign is titled “The Capsule” and is a playful dig at tedious work meetings. “The Capsule” is a prototypical new (and purposefully uncomfortable) meeting room designed to keep conference and gathering times […]

by B&T Magazine

B&T Magazine
Why All Email Should Be Mobile First
  • Opinion

Why All Email Should Be Mobile First

In this guest post, Engaging.io’s Matias Bezzo (pictured below) says with the rise of the smartphone and the inundation of emails, the two should NOT be mutually exclusive… About eight years ago I went to an Adobe Creative Cloud summit, this was when Adobe had just moved to a cloud-based application and revamped all their products. The […]

Opinion

by B&T Magazine

B&T Magazine
Ten’s Damien Fleming Follows Ricky Ponting To Seven’s Cricket Commentary Box
  • Media

Ten’s Damien Fleming Follows Ricky Ponting To Seven’s Cricket Commentary Box

Seven has pinched another of Ten’s cricket commentators, announcing former Australian fast bowler Damien Fleming will join the team when the broadcaster starts airing games in December. Fleming was commentating on Ten’s Big Bash League (BBL), however, the network was left without any cricket rights when Seven (in a JV with Foxtel) secured all the […]

39th AWARD Awards Winners Announced
  • Media

39th AWARD Awards Winners Announced

The winners of the 39th annual AWARD Awards were announced tonight in a celebration of the most outstanding creative communications work in the Asia Pacific region. The theme for the night was “Count Yourself Lucky” and didn’t disappoint with a record number of golds being presented. Held at Carriageworks as part of the Semi Permanent […]

Women In Media Profile: Zeina Khodr
  • Media

Women In Media Profile: Zeina Khodr

When B&T was offered to interview a lady named “Zeina”, we initially thought it was the warrior princess herself.

by B&T Magazine

B&T Magazine
Q&A With Cannes Chairman Terry Savage
  • Advertising
  • Media

Q&A With Cannes Chairman Terry Savage

If you mistakenly thought this was an interview with Kojak's Telly Savalas, as it turns out, it's even better than that.

Optus To Phase Out Virgin Mobile Brand
  • Marketing

Optus To Phase Out Virgin Mobile Brand

Didn't much fancy that Telstra story above? Well, perhaps B&T could tempt you with this tasty Optus tickler instead.

by B&T Magazine

B&T Magazine
AKQA R&D Teams Up With Google For Semi Permanent 2018
  • Media

AKQA R&D Teams Up With Google For Semi Permanent 2018

AKQA R&D in collaboration with Google has developed a process called Somesthetic Transfer. It uses machine learning to take both the style and texture of an artwork and apply it to another image to be 3D printed with a UV printer. The works will be displayed at Semi Permanent 2018 in Sydney from Thursday 24 […]

WPP’s Health & Wellness To Unveil ‘How Design Can Save A Life” For Vivid
  • Marketing
  • Media

WPP’s Health & Wellness To Unveil ‘How Design Can Save A Life” For Vivid

Design students from Torrens University’s Billy Blue College of Design have partnered with WPP AUNZ’s Health & Wellness division to decode clinical data on ‘Medicinal Marijuana in the Treatment of Epilepsy’. Their creative solutions will be presented at a Vivid Ideas Exchange titled ‘Design can save your life: how can creativity improve comprehension of health data?’ […]

Diversity Case Study Series: The Royals
  • Advertising
  • Marketing
  • Media

Diversity Case Study Series: The Royals

If you read one diversity case study on B&T today, make it this one. Not that there's any others to choose from, really.

by B&T Magazine

B&T Magazine
Cricket Australia Finds New Major Sponsor
  • Marketing

Cricket Australia Finds New Major Sponsor

B&T was going to insert a homage to Sherbert's classic "Howzat" here before realising it was naff and showed our age.

by B&T Magazine

B&T Magazine
PHD Wins HSBC Global Media Account
  • Media

PHD Wins HSBC Global Media Account

ICYMI, PHD has FTW the HSBC business IRL. It's not so much a LOL or NSFW, but a TL;DR. Ahh, forget the whole thing.

InMoment Accelerates APAC Expansion With Key Acquisition
  • Media

InMoment Accelerates APAC Expansion With Key Acquisition

Customer experience (CX) intelligence platform, InMoment, has expanded into Australia and New Zealand with the acquisition of customer experience agency, brandXP and appointment of Claire Fastier as its APAC business head.

Marketers Need To Focus On Voice Search Right Now
  • Opinion

Marketers Need To Focus On Voice Search Right Now

In this opinion piece, Performics Australia performance content account director Steve Robinson (pictured below) dives into the hazy relationship between marketers and voice-activated technology. From settling family disputes, (“Hey Google, are fossil fuels really made from dinosaur bones?”) to running a household, (“OK Google, add toothpaste to my shopping list”), voice-activated systems are becoming more […]

Opinion

by B&T Magazine

B&T Magazine
SpotX Launches Online Resource Library For Publishers Seeking GDPR Guidance
  • Advertising
  • Media

SpotX Launches Online Resource Library For Publishers Seeking GDPR Guidance

Video advertising and monetisation platform SpotX has announced the launch of an online resource library for the European Union’s General Data Protection Regulation (GDPR). The library can be found on the company’s website and is part of a wider educational initiative by SpotX – which is headquartered in the US and has an office in […]

Daylight Agency Opens Government Division, Hires Legal & Political Expert
  • Marketing

Daylight Agency Opens Government Division, Hires Legal & Political Expert

Integrated communications firm Daylight Agency has cemented its presence in the government and political arena with the appointment of industry veteran David Begg. A practising solicitor for over 28 years, Begg (pictured above) will head up the agency’s new government division. He has extensive experience working with large commercial clients on high-profile regulatory and legal […]

Frost Design Unveils New Look For John Holland
  • Marketing

Frost Design Unveils New Look For John Holland

Frost Design has shown off its comprehensive rebrand of iconic Australian infrastructure and property business John Holland, based around the brand idea of ‘Transforming Lives’. John Holland CEO Joe Barr said Frost was the only branding business who understood that the impact of the rebrand was just as important internally as it would be externally, […]

Women In Media Profile: Jill Johnston
  • Media

Women In Media Profile: Jill Johnston

We've got an absolute cracking Women in Media profile today. Not to say it's approved by the Chiropractors' Association.

by B&T Magazine

B&T Magazine
First Lady Michelle Obama and President Barack Obama Dance Together at the Presidents Ball
  • Media

Netflix Secures Producer Deal With The Obamas

It seems former US president Barack Obama and former First Lady Michelle Obama aren’t quite done with the international spotlight just yet. The Obamas have officially signed a multiyear deal with Netflix, which will see the power couple producing films and series with the streaming giant. According to Netflix, “The Obamas will produce a diverse […]

How To Spot A Trend Versus A Fad
  • Opinion

How To Spot A Trend Versus A Fad

One need only view our editor's hot pink leg warmers today to realise he's neither fad nor trend.

Opinion

by B&T Magazine

B&T Magazine
Why Engagement Is The New Rule Of Content
  • Opinion

Why Engagement Is The New Rule Of Content

And why is B&T running a photo of an engaged couple for this content engagement article? It was either that or a carrot.

Opinion

by B&T Magazine

B&T Magazine
Fairfax Media Recruits 20 Trainee Journalists Across All Its Titles
  • Media

Fairfax Media Recruits 20 Trainee Journalists Across All Its Titles

Fairfax Media has today announced the recruitment of 20 trainee journalists to join the newsrooms of The Sydney Morning Herald, The Age, The Canberra Times, The Australian Financial Review, Brisbane Times and WAtoday. This represents one of Metro’s largest trainee intakes in years and underlines the commitment of the mastheads to fostering a new generation […]

Sydney Australia - November 7, 2011. An extreme close up of an American express card issued by the Australian bank Westpac.
  • Media

AMEX Launches Global Media Review

Are there not enough hours in the day? Are you cheek-by-jowl with your co-workers? Well, hopefully you won't win this.

Sydney Water & Republic of Everyone Create Vinyl Records Made Of Recycled Marine Plastic
  • Campaigns
  • Marketing

Sydney Water & Republic of Everyone Create Vinyl Records Made Of Recycled Marine Plastic

Sydney Water has pioneered a way to create records from marine plastics and, in doing so, encourage more people to join the movement of local clean-up groups rolling up their sleeves every weekend to clean plastics, litter and other pollutants from the city’s beaches and waterways. Plastics are collected by volunteers, then cut in pieces […]

Credit Card Compare Names Its First Head Of Marketing
  • Marketing

Credit Card Compare Names Its First Head Of Marketing

Aussie credit card comparison site Credit Card Compare has announced the appointment of Caroline Raffan as its inaugural head of marketing. Raffan (pictured above) has over 10 years’ experience in brand strategy, campaign development, digital marketing, events, public relations, content creation, market research, advertising, stakeholder management, social media marketing, and project management. She joins Credit […]

Why Programmatic Needs To Become A Branding Machine
  • Advertising
  • Marketing
  • Opinion
  • Technology

Why Programmatic Needs To Become A Branding Machine

In this opinion piece, Phil Murrell (pictured below), country manager for Australia and New Zealand at Sizmek, argues that programmatic ad spend needs to move up the branding funnel. When I started in digital advertising way back in 2004, we got our media insertion orders via the fax machine. We relied on that machine to […]

Opinion

by B&T Magazine

B&T Magazine