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RESEARCH
       To retain and develop talent, CX leaders are 27% more   “As  we  transition  from  customer  support  to  customer   ANALYSIS
       likely to invest in training compared to non-CX leaders   success we're investing in our people, new technology   TRENDS
       (20%),  with  a  focus  on  teaching  business  concepts   and  educational  programs  to  enhance  the  customer
       beyond  a  narrow  definition  of  marketing.  In  a  recent   journey," said Rachael Powell, Chief Customer Officer
       Econsultancy study, over 90% of executives said that it   at Xero. 'Xero Central', our support and learning site for
       was  essential  that  marketers  understood  the  metrics   Xero's  business  and  partner  products,  harnesses  the
       and strategies of the wider business.               capabilities  of  AI  and  machine  learning  to  provide
                                                           predictive  analytics  that  allows  us  to  anticipate  and
       “Obtaining  and  developing  great  talent  is  a  huge   solution  a  query  as  customers  ask  questions  in  real
       challenge for marketers and requires businesses to add   time.    We  also  use  insights  to  answer  questions  that
       and improve skills on an ongoing basis. This challenge   customers  may  go  on  to  ask.  We  leverage  the
       also brings opportunity. Investing in people, technology   technology to deal with the day-to-day and that frees up
       and  processes  are  all  key  ingredients  for  effective   our people to expand their customer lens into building
       customer  experience.  Supporting  talent  early  on  will   value  adding  education  and  proactive  success
       help  businesses  benefit  in  the  long-run,”  Rigby  said.   experiences.”
                                                           APAC businesses are demonstrating their commitment
       Automation will empower marketers                   to bridge the CX maturity gap in their IT budgets, with
                                                           34% of APAC businesses planning to invest in ML and
       The  strongest  business  support  for  machines  centers   AI compared to 25% globally.
       on  its  ability  to  empower  people.  Marketers  work  in  a
       world filled with data and spend a significant amount of   “The Digital Trends 2020 report is now in its tenth year
       time building reports and analyzing campaign metrics.   and the data clearly shows us that businesses focused
       However, these tasks that are likely to be automated in   on customer experience are sailing ahead,” said Rigby.
       the next five to ten years, offering respite to overloaded   “Today, we’re able to interact with and understand our
       marketers.                                          customers in more ways than ever before. The power
                                                           of  technology  and  data  combined  means  that
       APAC already leads against Europe and North America   businesses are starting to operate in new ways, making
       on  the  adoption  of  artificial  intelligence  (AI)  and   CX  a  business  imperative,  not  just  a  marketing
       machine learning (ML) technology, with more than half   objective.  You  can  download  the  full  Digital  Trends
       of  APAC  businesses  (54%)  using  or  planning  to  use   2020 report here. ◊
       these  tools.  One  business  powering  CX  with
       automation  is  cloud-based  accounting  software                                     By MediaBUZZ
       company Xero.






































         13                                                March 2020: Content Marketing: authenticity, transparency & quality instead of keyword
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