A customer experience system is a
business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...
and
operational support system (BSS/OSS) intended to help
service providers to improve
customer experience.
In the past, communications service providers (
wired communication,
wireless,
broadband cable,
satellite) and other companies competed through product
differentiation and
price points. By 2005 products were increasingly
commoditized
In business literature, commoditization is defined as the process by which goods that have economic value and are distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consum ...
and price differences negligible, leaving quality of customer service as the differentiator. (Peppers & Rogers 2005)
Customer experience systems are part of service providers' strategies to address this change, as products and prices become increasingly similar. These systems power the front and back office (BSS/OSS) and integrate
billing,
customer relationship management (CRM), ordering,
self service
Self-service is the practice of serving oneself, usually when making purchases. Aside from Automated Teller Machines, which are not limited to banks, and customer-operated supermarket check-out, labor-saving of which has been described as self- ...
,
digital content delivery, service fulfillment and assurance, and
computer network planning. (Musico 2008)
Software companies that sell these applications, including
customer care
Customer service is the assistance and advice provided by a company to those people who buy or use its products or services. Each industry requires different levels of customer service, but in the end, the idea of a well-performed service is that ...
and billing vendors, and increasingly
network equipment providers
Network equipment providers (NEPs) – sometimes called telecommunications equipment manufacturers (TEMs) – sell products and services to communication service providers such as fixed or mobile operators as well as to enterprise customers. NEP ...
, can be considered providers of customer experience systems when their offerings are appropriately integrated.
Customer opinion
A 2006
Bain and Company
Bain & Company is an American management consulting company headquartered in Boston, Massachusetts. The firm provides advice to public, private, and non-profit organizations. One of the Big Three management consultancies, Bain & Company was fou ...
report found that 80 percent of executives believed their
company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...
delivered a superior customer experience, but only eight percent of customers said they received one. (Bain 2006)
Business Week's Jeneanne Rae says, "Building great consumer experiences is a complex enterprise, involving
strategy
Strategy (from Greek στρατηγία ''stratēgia'', "art of troop leader; office of general, command, generalship") is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. In the sense of the "art ...
, integration of
technology, orchestrating
business models,
brand management and CEO
commitment." (Rae 2006)
References
External links
What Is Customer Satisfaction Score (CSAT)?
{{DEFAULTSORT:Customer Experience Systems
Customer experience