Digital Transformation

Digital transformation is the profound reworking of business and organizational activities, people, processes, platforms, business strategy and business models to fully leverage the digital technologies impacting consumers. This transformation has made it possible for organizations to make more customer-centric decisions, guide business evolution, and intelligently reform traditional practices.

Digital Transformation Has Reshaped the Modern Marketing Funnel

Traditionally, the customer journey funnel ends when a consumer pulls out their wallet. Not with digital transformation. The modern marketing funnel extends beyond the purchase with the potential for a deeper relationship with the companies consumers buy from.

Understanding this full end-to-end journey, and how it loops back to the beginning to continually engage buyers, is critical when it comes to implementing a digital transformation initiative.

Digital Transformation’s Impact on the Modern Customer’s Journey

As today’s ecosystem becomes more digital-centric, society evolves too. Journeys are no longer about big stages, but rather, the micro-moments buyers encounter every day and modern consumers’ reliance on the Internet.

Still, no matter how much we, as buyers, interact with digital channels, there will always be a need for the physical. The difference today is how people interact with a variety of channels while shopping, and what happens between a customer and a business after the purchase has evolved too.

The Digital Transformation Inspired Customer Journey Map

Traditionally, customer journey maps were broken up into various stages and touchpoints along the buyer’s path-to-purchase, as well as the departments that engage with the buyer at each stage. These maps lack the appropriate amount of depth needed for organizations to know how to meet consumers in this era of digital transformation.

Having a map equipped with actionable insights and internal/external alignment, organizations can answer the call of digital transformation with more actionable insights and clear opportunities.

The Digital Transformation Inspired Customer Journey Map

Traditionally, customer journey maps were broken up into various stages and touchpoints along the buyer’s path-to-purchase, as well as the departments that engage with the buyer at each stage. These maps lack the appropriate amount of depth needed for organizations to know how to meet consumers in this era of digital transformation.

Having a map equipped with actionable insights and internal/external alignment, organizations can answer the call of digital transformation with more actionable insights and clear opportunities.

Digital Transformation Impacts Organizations Across the Board

Beyond Cost Reduction

It might seem counterintuitive to think that the 360° view of your customer can impact employee experience. Truth be told, the two are more intertwined than most organizations give credence to. When you and your team can understand what’s happening in the customer’s experience and mindset, problems can be proactively addressed or resolved faster. In keeping customers happier, employees can feel the impact of their work on a deeper level while simultaneously avoiding unnecessary conflict.

Gathering Data Insights

As you grow deeper in your understanding of your customer, you can get out ahead of their problems, concerns, issues, and fears. The 360° view of your customer allows you to better understand what your customer needs both today and tomorrow, which can guide your development process and business model. You can streamline your development cycles, keep teams laser-focused on the end experience and operate more intelligently as a whole.

Improving Brand Experience

Gaining a 360° view of the customer equips your organization to become more predictive. This in-depth analysis of a customer allows brands to discover multiple variables and thresholds that could impact a person’s decision to continue with the organization or move to a competitor. In doing so, teams can develop innovative techniques and machine learning models that will keep customers progressing through the bow tie funnel.

Answering Increased Need for Relevancy

When it comes to understanding your customer’s journey, you cannot play a guessing game about their behaviors. Having a 360° view of your customer will help you better understand the emotional and logical triggers that they’re experiencing as they progress to purchase repeatedly from your organization.

Customer Experience (CX) Terms

ALL A B C D E F G H I J K L M N O P Q R S T U V W X Y Z