Know your customer: the true power of Omnichannel BE EVERYWHERE... or go nowhere: New research gives businesses a simple choice. Stay one step ahead of the customer or risk being overtaken and out-competed. Introduction There’s momentum to the way apps and technology are creating new arenas for the customer/brand relationship. Each month brings new customer behaviors which need to be met and understood. In the buyer’s world, new technology has allowed leading brands, devices and platforms to redefine what not just how we engage and interact, but what we expect an excellent customer experience to feel like. The question is, what does a successful business need to look like in this brave new digital world? And how can you transform safely to meet the new benchmarks of customer expectation? With this in mind SAP has commissioned fascinating new research to uncover the scale of the challenges and the opportunities presented by this ‘consumerization’. Here we present insights from the responses of more than 900 key decision makers at some of the world’s biggest brands, in eight global markets. Heads of sales, directors of marketing and information officers, plus directors of commerce and customer service. Companies turning over 100m+ to billions every year. They all shared candid, frank opinions, and now we can share them with you. The set-up is a familiar story: You had an incredible experience at the car dealership on Saturday, a test drive arranged from your phone. The sales team was expecting you and knew your name when you arrived. Before you even got home you’d received a text with the exact day and hour your new wheels would be delivered. The whole thing was seamless. Happy days. So when you’re back in the office on Monday, why does ordering from regular suppliers seem so painful? You still have to order parts by phone. There’s no order tracking. They don’t... anticipate. They don’t... learn. It is, at best, a loveless relationship. The fact is eager, efficient, brilliant brands have figured out how to serve the consumer everywhere. And these modes of interaction and service are affecting businesses in every sector. So how do you keep up with the insatiable demands of the digital customer? In this paper, armed with this timely piece of research, we’re going to chart the road ahead. We’re passionate about the transformative power of well-organized data and the insights it can generate. It’s how we think all businesses should work. We’ll demonstrate to what extent business is ready or unprepared for this new world, and how it needs to change to get there. Some of the results you might have expected, but in their honesty these business leaders have made one thing starkly clear: business knows customer-led change is afoot, and it must deliver a joined-up, intelligence-driven experience to customers. Consciousness is high, but readiness is low. How should they transform their businesses to meet these new demands? Business knows customer-led change is afoot, and that somehow it must deliver a joined-up, intelligence-led experience. The good news? The goal is wide open. The opportunity to become a leader in this new digital economy is huge. The Omni-Channel World 1 Time to act It used to be easy - research a market, design a product or service, market the thing. But the old consumer economy model of a top-down, we-speak/you-learn sales relationship has been comprehensively superseded by the digital economy. Customer relationships are now conducted across multiple channels, from social platforms to phone calls, from billboard hashtags to offices and showrooms; at any time of day or night and from every kind of device. Customers self-educate, they chat about products and services without input from a sales person’s notes. The problem faced by businesses in the digital era is how to maintain consistency and grow sales across multiple touch points and communicate their brand powerfully. What are the risks? Old customer relationship management techniques and platforms are behaviorally, structurally and technologically incapable of meeting the dynamically evolving needs of modern sales, marketing, customer service, commerce and branding. The simple fact is that, regardless of the size of your business, you will already be managing ever-smarter, ever more complex relationships – ones that will continue to evolve. THE BIG NAMES KNOW CHANGE IS COMING 87% of business leaders who responded to our survey represent organizations with annual turnover from $100m-1bn. 6% think they’re managing customer relationships in a truly sophisticated, joined-up way. Of course no business leader has their head in the sand on this. You can see this changed world in the glowing blue light in everyone’s hand on the commuter train. But SAP’s ‘Single View’ research programme has uncovered what many already suspected: the time to act is now. Industry leaders understand they’re falling short, but haven’t been offered a unified solution, until now. Business people have been drowning in data and assailed by analytics, but have lacked any actionable insights. How about 82% believe they have more channels to evaluate in order to achieve a clear picture of their customer and sales environment now than 12 months ago And failure to manage those relationships 44% believe there will be a loss of customer loyalty and engagement The Omni-Channel World 2 Be a change maker A piecemeal approach simply will not work. You can’t afford to be selective. Raising the bar just one part of your business creates gaps in the experience you are able to offer your customers. Fixing or upgrading only certain touch points will not solve the problem of today’s disjointed businesses. Customer and client expectations have been redefined by powerful, affordable mobile technology: they expect a single unified experience, personalized interactions and consistent messaging. Simply put, if you fail to deliver this new digitallydriven consistency properly, you risk consigning your business to the second tier at a stroke. OVERHEARD... BUT UNDER-SERVED IF YOU’VE EVER SAID THIS, THEN SO HAVE HAVE YOUR CUSTOMERS... So infuriating! That sales person said she had no record that I returned this already, 3 months ago... “On Instagram some- one said that shirt was 20% off until October though?” But I tweeted your helpdesk about the 5 days of downtime? They said you’d refund me Mind the gap As a staggering 94% of respondents in the survey attest: business leaders all know they’ve got to close this technology gap. But it’s vital to understand that this technology gap is about something more subtle, pervasive and behavioral than mere investment in new hardware and systems. 54% Of those marketers surveyed agree that their customers are demanding more digital experiences, especially via social and mobile channels 28% Of marketers recognize that delivering personalized experiences to customers have repaid companies not just in revenue, but also in advocacy Chief Marketers Are Getting the Message In marketing-speak, one might say that businesses need to embrace a truly unified, ‘single-view’ of customer intelligence if they are to deliver in an omni-channel environment. We can boil it down to a simpler message: If you don’t understand everything about the customer, wherever and whenever they are, you’ll fail to give them what they need. Adopting this single view is a business imperative. The benefits are connected-up information sources and analytics that build real, unique, individually-focused insights. Data once lost in the back-office now supports sales in the front-office. You need a platform where every interaction is shared, building better sales and ultimately a stronger brand. insightful and above all actionable. At this pivotal, transformational moment, if you possess a true, omni-channel perspective of your customer you will out-perform your competitors. It simply puts you ahead and will transform the operation of your business. Organizations whose level of insight facilitates delight among its customers and clients will be the winners in this new economy. They’re often new, noisy and disruptive, but if they can design a compelling business experience that existing established players can’t or won’t match, they will ‘Uber’ those businesses out of existence. (And yes, when a company has become a verb you’re right to fear them.) In the digital era, business intelligence must function as ‘information-everywhere’: relevant, tailored, timely, mobile, The Omni-Channel World 3 5 SIGNS YOUR BUSINESS ISN’T OMNI-CHANNEL... YET Anti-social? Not yet fully mobile. Only... of businesses still can’t be contacted by social media. of businesses are ready to support a mobilefirst engagement with customers. 56.6% 17% Hidden information. Only... No ear on the conversation... of businesses offer a customer history and service record in mobile apps. of businesses’ existing CRM systems have no way to track customer social media interactions 12.9% 76.3% Dumb data. 77.2% of businesses rely on CRM tools that are dumbdashboards at best, generating no insights, no predictions, no actionable intelligence. The three dangers of doing nothing No half measures Business as usual is business that’s doomed: To be useful, information must flow. Traditional organizational and technological silos are now killing businesses’ ability to compete with more agile organizations. A revolutionary step is needed in order to gain the benefits of the omni-channel singleview of the customer, and really meet their expectations wherever they are, whatever they’re doing. The research is clear on the challenge here. Currently only 25% of businesses polled said they were able to draw insights from all business areas. As is surely clear, half measures or piecemeal improvements can’t create a single view of the customer. If the system isn’t truly interconnected, if the information doesn’t circulate through each business function, you won’t see the benefits. 1. You’ll be out-competed by smarter businesses. Our research shows only 25% of businesses are taking advantage of an omni-channel, single-view platform that meets the demands of a new generation of customers. New entrants can come out of nowhere, with an offering that redefines “excellent” in your industry, even from an unrelated sector. Once customers experience the best, they soon expect if from everyone. 2. Your company’s vision will be undermined by systems that store yet hide intelligence from you. This is a fear shared by 61% of business leaders in our research group, convinced that their existing IT systems supporting CRM/ ERP and the sales environment are holding back their company’s commercial vision. This challenge is most pressing in the US and UK, with 66% experiencing a ‘tech gap’ between systems' capabilities and the wider commercial intentions of the business. 3. Data is everywhere but dispersed. Like every challenge in business, this is a chance to show leadership, strengthen your brand and build a better, more robust organization. Changing customer demands, and high technology are only re-emphasizing the long-known need for a truly joinedup company where sales, leads, customer service, marketing and commerce all share best practice and deliver a seamless experience. Fortunately, there is a powerful solution business can embrace to achieve this step-change. You’ve got analytics … in monthly reports... that go nowhere. Information, but no insights. No dynamic predictions, no sales uplift, no improvement of the customer relationship. It doesn’t matter what industry it originates in. Once customers experience the best, they soon expect it from everyone. The Omni-Channel World 4 SOURCES OF DATA USED TO CREATE SINGLE VIEW OF THE CUSTOMER Q1: How many data sources must you consolidate to create a single view of your customers' experience with your company? Base: Total (906) 68% Sales (Sales automation managing accounts, leads, opportunities, etc) 63% Customer Service (contact center service ticket, inquiries, etc) 61% Marketing (email/web marketing, mobile marketing, campaigns) Finance, Product Inventory (ERP, ECC etc) 40% Commerce (B2B B2C e-commerce) 37% 34% Social Channels / Communities Mobile Apps 29% 25% Retail/POS 22% Data via 3rd party sources (Nelsen, Turn, DB360, etc) None are consolidated 3% Don't know/Refused 3% The power of togetherness: leveraging the single view As our survey makes clear, despite ever-expanding data sources driven by growing customer touch points, companies still rely on traditional sales data (68%), customer service feedback (63%) and marketing data (61%) to understand their customers. Ironically the areas where the customer is most vocal, most open and most engaged are largely left to languish or not incorporated into the picture. This is dangerous. By ignoring finance/product inventory information, commercial information, social activity and mobile app interaction data in this way, businesses are reinforcing a dangerously myopic vision of the customer that’s based on their own intention, rather than building a dynamic and evolving picture of the customer that generates better value and builds new insights. Businesses are reinforcing a dangerously myopic vision of the customer that’s based only on their own intentions. As it stands, only 24% of companies have integrated their customers’ social interactions into their CRM platforms and made the data visible and useful. It’s a tiny figure, given how much commerce is conducted online. Likewise on mobile. Everyone seems to agree mobile is the future, but nowhere near enough businesses are folding the mobile app data they generate into their view of the customer. Where there should be insight, there is only data. Again, there’s much work to be done – 79% of respondents confirm that the single view is pivotal to improving commercial performance. WHO IS LISTENING TO THE CUSTOMER? SOURCE: CMO Study, IBM 2014 93% Of marketers surveyed have not been able to achieve a single view of their customers 56% Of marketers are moderately satisfied with their company’s ability to listen and respond to the needs of their customers 90% Of marketers are not confident in their company’s ability to leverage data into actionable intelligence In order to be of value, a true single view must encompass every part of the omni-channel reality of today’s business environment. Let’s dig into the ramifications, the opportunities and dangers that omni-channel/single-view brings for each of the key business functions: marketing, commerce, sales, and customer service. Everyone seems to agree mobile’s the future but nowhere near enough businesses are folding the mobile app data they generate into their view of the customer. The Omni-Channel World 5 The four opportunities of OmniChannel 1. The opportunity for marketing In the digital era marketing functions have had to scale up and go wide. Customers have become sharers, broadcasting so much more about themselves, their preferences and desires, data that seems tantalizingly within reach. But as our research shows, marketers biggest fear is that they’re not currently organizationally structured to take best advantage of this information. They don’t know what’s churning in customer service, so they can’t respond and tailor accordingly. They don’t know enough about the customer’s purchasing habits from the Sales team. They probably have no overview of the customer’s social media opinions about their product or service either. Hence their fears that competitors with better actionable insights will beat them to the sale. Underperforming systems are holding you back Our research was clear, ‘systems’ are a big problem. Over 60% of marketers identified their various existing IT tools (email, disparate web marketing tools, campaign processes, and data trapped in spreadsheets) as daily impediments to delivering the company’s vision and goals. And while everyone agrees it’s a mobile-first future, only 30% of marketers are saying their organizations are ready to deliver that experience, with a worrying 52% seeing this is as over 12 months away at best. And as we know, a compelling mobile experience is only possible if the same end-to-end connectivity, retail connected to marketing connected to warehousing and customer service, are all working in harmony. The single view of the customer is, in a way, a mirror to the single view of the company’s operation. B2B clients ... with B2C expectations Whether it's purchasing on the go, ease of contact, customer service, or just brand feeling: mobile holds a special place in customers’ affections. It brings together multiple data streams, You can order from Amazon while at the coffee shop, and have something delivered within 24 hours, so why can’t your steel supplier do the same? information types, formats and media. And now customers expect companies to mimic this seamless interconnected experience. Call it the consumerization of business if you like. You can order from Amazon on a mobile device and have something delivered within 24 hours, so why can’t your steel or cement supplier offer the same service? For smart businesses this is a massive opportunity: to deliver delight, to gather data, create customized experiences and gain useful feedback. Look at the UK, where mobile-first banks like Tandem and Atom have just been given regulatory approval. They are perfect examples of modern, agile businesses that have tailored their structures to deliver truly consumerized business, and their single view of the customer will be like David’s rock against a host of inflexible Goliaths. You’ve got the facts, so listen to the message For sophisticated marketing campaigns connected and shared intelligence on the customer would be incredibly powerful. Which is why marketers find the status quo so incredibly frustrating: sales data hidden from marketing servers, social interactions that go unrecorded, geographical trends that are missed, social sharing cues that go unnoticed. Too much top-down, not enough conversation. In our survey, a massive 82% of respondents identified themselves as organizationally unready to build a truly clear picture of the customer. They know the data exists, but it’s denied to them. 79% of those in the study identified the key issue of disparate, non-interoperable systems as another drag on success. Data stores that can’t be upgraded and departmental politics that prevent information from flowing are the symptoms of businesses trapped by, rather than liberated by, information. You can’t fix it one bit at a time. Fintech, and the Uber-ization of banking According to Antony Jenkins, outgoing CEO of Barclays, FinTech, the emerging financial tech startups are the emerging upsetters about to provide “banking's Uber moment”: My view is that most incumbents will struggle to transform themselves fast enough to be able to compete with the start-ups ... It will create winners and losers across the sector, history is littered with the Nokias and Kodaks that couldn’t evolve quickly enough. - Antony Jenkins This interview came just days after news that the mobile-first Tandem Bank had been approved by UK regulators, joining Atom Bank, which also appeared in 2015. No legacy IT structures, a mobile-first customer-centric strategy, an agile approach to service design, and a clean reputational slate? No wonder big banks like Barclays are nervous. And if it can happen in banking, why should something similar not happen in your sector? Source: http://www.bbc.co.uk/news/business-34989844 The Omni-Channel World 6 We know from our personal lives how much we’ll share with the brands we care about and trust... but also how few earn this privilege. 2. The opportunity for sales For sales the all encompassing single-view of the customer is a kind of holy grail. Imagine a perfect world in which you understood what the customer wants, prefers, has experienced, dislikes, responds to, how they like to be approached... Again, it’s a tantalizing prospect. We know from our personal lives how much we’ll share with the brands we care about and trust... but also how few earn this privilege. The data from our survey underscores the challenge ahead, with only 24% of salespeople convinced they have the daily insight required to direct their sales efforts to their true potential. Sales people are at the sharp end. They see the business as it is on the ground, and that’s why 69% of them in our survey group were convinced that failure to improve on CRM and departmental communication and organization was holding them back. And this underlines a key tenet of any successful approach: if you’re not pulling together you won’t close the deal with the customer. Internal harmony is a pre-requisite for success in the market place. because the customer is now everywhere and they’ll soon find you out. Only with this harmony established can you turn analytics gathered by the different functions into insights that transform your commercial fortunes. “I can tell you right now...” As ever, sales, with its always-be-everywhere mantra, cannot afford to find itself still saying: “Wait... let me get back to the office and then I’m gonna call you, m’kay?”. Sales intelligence should be in your pocket. You have to be customer-relevant, up to date, ready to close the sale. And if you’re not, you can be sure your rivals will be. In an Amazon world, fulfillment must be a fulfilling experience. Quick, easy, tailored and responsive. Rewarding for all parties. Sales is also the department wrestling with the largest data sets. A unified single view would save them work, transforming what for them is a daily grind of collating sales data, parsing spread sheets and battling with legacy systems. Joined-up hasn’t yet happened, but when a competitor does it right, you’ll soon know about it. With omni-channel intelligence, sales people can transition from pure push to push/pull, where they’re meeting already understood customer demand, aware of needs and desires ahead of time, building commercial outcomes as part of a wider ongoing relationship. And it’s that level of relationship that will underpin the successful companies of the modern age. In 2015 a shocking 22% of commerce respondents claimed they weren’t even able to interact with customers via their website. 3. The opportunity for commerce Unsurprisingly commerce shares the fears of the sales team. There’s an understandable anxiety (among 54% of respondents) that rivals will simply do better by knowing more about their customers. There’s an element of old business practices holding things back. In 2015 a shocking 22% of commerce respondents claimed they weren’t even able to interact with customers via their website. With service excellence being defined increasingly by mobile-first apps and hardware, commerce departments understand that they should be doing more with mobile, but lack the strategy to get there. Currently 65% of respondents said they were getting no usable data from mobile platforms. Fixing this was identified as a priority. True, some 92% of our survey plan to prioritize this within two years. But in a highly competitive environment two years could turn out to be a dangerously long time to wait... To reiterate an earlier theme, playing catchup is dangerous when efforts are piecemeal. A division of a company decides to “prioritize mobile”, but doesn’t coordinate efforts with another division… Systems multiply. Instead of a company building a single view it now has multiple, disconnected views. Omni-channel means embracing the whole, or it means nothing. Omni-channel means embracing the whole, or it means nothing. 4. The opportunity for customer service This is obviously huge. Customer service functions best when it knows everything, working alongside other business functions at every step of the customer journey. But it’s typically here that we encounter the danger of legacy CRM systems. Some 69% of respondents identified technology platforms as holding them back from doing what they know to be needed. Worse, only 11% of customer service experts in our survey thought their business had access to all necessary analytics. There is widespread dataangst. But imagine it the other way up for a second. The customer service rep who knows what the customer was offered on social media five days ago, who also knows the customer always buys a winter coat in October. This is the same kind of customer service team member who can incentivize and delight with just a few tailored interactions, delivered straight to the customer’s phone when they return a failed printer to the store: “Oh look I just received a 5% off coupon for being a loyal customer? Sweet!” Imagine customer service that doesn’t just fix problems, but that builds enthusiastic returning customers just as powerfully as the sales team. What would our new mantra be? ‘Every interaction is an opportunity’. Imagine customer service that doesn’t just fix problems, but that builds enthusiastic returning customers just as powerfully as the sales team.” The Omni-Channel World 7 Taming an omni-channel world The fact is, expectations for your business are being redefined around you, every day, by what other people are doing. Innovators in other sectors are somehow casting shadows over your business, simply because they decided to be more customer-centric. At the same time, internal structures that once functioned perfectly are now proving slow to react to a world that moves at the speed of Twitter, Instagram, Amazon, LinkedIn et al. Office giants are having to respond to expectations built in pop-up shops or by online start-ups. But their turning circle is too big. Customers now drive your strategy, and take to the web to share their ideas. It’s dizzying stuff and if you ignore them, someone else will take these ideas and run with them. But at their root these are solvable problems. For those prepared to be agile and embrace change, the opportunities are massive. As our survey establishes time and again, it’s not that the problem isn’t obvious, it’s that doing something about it is critical. Right now, it’s the few who are taking this on, rather than the many. So join them. Be a leader and consumerize the way you engage with your customers. Be ready to redefine your organization for the sake of the experience generated. It’ll repay your effort so many times over. 4. More, more, more With a truly omni-channel approach you’ll start to see new opportunities for sales, new service lines that can be offered based on the insights the analytics can generate. The only limit is your imagination. 5. Be prepared to differ and dare Don’t be about divisions, be about unities. Dare to embrace an end-to-end approach to service delivery and customer relationships that’s more intelligent than your competitors’. THE TIME IS NOW... There are five principles for success in an omni-channel world: 1. Beyond CRM You have to go beyond CRM in order to unlock the information that’s been trapped in silos until now. End legacy technology issues and nurture a new, more connected business culture. 2. Embrace omni-channel. Simply put, everything is important. Interactions great and small build a picture of real lives, real needs, and therefore, real opportunities. That’s the value – with truly unified data you’ll possess that crucial single view. 3. Be as digital as your customers In fact, be even more digital than they are. Deliver a truly world-beating experience, and don’t accept “can’t be dones” where it provides friction with existing practices. 73.4% of businesses recognize the challenge posed by competitors who make better use of customer, data, analytics and engagement. Smart businesses are taking on this challenge as a chance to fully understand their customers. It’s an opportunity to renew purpose and build a better organization. The single view of the customer might seem to serve a discrete goal but in reality, as a piece of business change, it will prepare your entire business for the customers of today and tomorrow. You will deliver great experiences thanks to a back-office and front-office that share one continuous intelligent function. Embrace transformation and forge ahead. The Omni-Channel World 8 Research Overview 906 key decision makers with responsibility across Sales, Customer Service, Marketing and Commerce completed a survey during September 2015. Region Sample Size COMPANY SIZE UK 100 France 100 10,000 or more employees Germany 101 US 203 15% Brazil 100 Mexico 101 Australia/New Zealand 100 India 101 TOTAL 906 1000-4,999 employees 50% 5,000 - 9,999 employees 35% Research sample: Job function 906 key decision makers with responsibility across Sales, Customer Services or Marketing completed a survey during September 2015 Sales Operations lead VP Sales/Marketing VP/Director Brand Marketing Director of Sales/Marketing VP/Director Consumer / Customer Marketing Chief Information Officer VP/Director of Digital Marketing VP/Director Marketing Chief Marketing Officer Chief Sales/Revenue Officer VP/Director of Commerce Sales Enablement lead VP/Director Direct Marketing Chief Digital Officer E-commerce lead VP/Director of Online Store Customer Service 10% 9% 9% 8% 7% 7% 6% 6% 6% 6% 5% 5% 4% 4% 3% 2% 5% The Omni-Channel World 9 Research sample: Sector and annual turnover 906 key decision makers with responsibility across Sales, Customer Services or Marketing completed a survey during September 2015 ANNUAL TURNOVER Over 1 billion $ Don't Know/Refused 9% 4% 501 million to 1 billion / $ 101 - 500 million $ 34% SECTOR High-Tech Retail/AFS Banking Consumer Products Wholesale Industrial Machinery & Components Insurance Healthcare Travel & Transport Service and Call Centre Public Sector Telco Education Utilities Prof-Services Project, Bid, and Event Automotive Chemical Oil & Gas Other 53% 10% 9% 9% 9% 9% 7% 7% 5% 4% 4% 4% 4% 3% 3% 3% 2% 1% 6% Extent of consolidated analytic across the business Don't know 8% No 8% Yes, for all business areas Yes, for 1 business areas Yes, for 3 business areas Yes, for 2 business areas 25% 11% 30% 18% The Omni-Channel World 10 Sources of data used to create single view of the customer Sales (Sales automation managing accounts, leads, opportunities, etc) 68% 63% Customer Service (contact centre service ticket, inquiries, etc) 61% Marketing (email/web marketing, mobile marketing, campaigns) Finance, Product Inventory (ERP, ECC etc.) 40% Commerce (B2B B2C e-commerce) 39% 34% Social Channels / Communities 29% Mobile Apps 25% Retail/POS 23% Data via 3rd party sources (Nielsen, Turn, DB360, etc) None are consolidated 3% Don’t know / Refused 3% Channels and functions used to interact with customers 92% Email 79% Customer Service 73% Website 71% Sales function 49% Marketing function 43% Social Channels / online communities 32% Commerce platform 21% Self-service 17% Field Service Other 1% Preparation for mobile first engagement We are ready and support this today 17% We will support this within the next 12 months 28% We will support this in the next 12-24 months No plans to support 13% We will support this in longer than 24 months 21% 21% The Omni-Channel World 11 Preparation to include a customer account and service history We are ready to include this today No plans to include 13% 21% We will include this within the next 12 months We will include this in longer than 24 months 21% 26% We will include this within the next 12-24 months 19% Channels and functions which have visibility over customer interactions Customer Service 63% Sales function 51% Marketing function 32% ERP 29% Social Channels /Communities 24% Commerce platform Other None of these 20% 1% 5% Sophistication of data and insight analytics Very sophisticated - we have Predictive and Actionable Analytics 6% Advanced - We see customer data in real time 17% Moderate - We have Dashboards Not sophisticated - We still use spreadsheets 17% Intermediate - Automated reports, but don't show data in real time 23% 37% The Omni-Channel World 12 Preparation to include a customer account and service history We frequently fall short of organizational expectations Don't know 3% 1% We consistently exceed organizational expectations We sometimes fall short of organizational expectations 24% 15% We consistently meet organizational expectations 57% Biggest consequences of not having a single view of the customer 49% Loss of competitive advantage 46% Missed sales / revenue opportunities 44% Loss of customer loyalty / engagement 41% Fragmented / disjointed service to customers 38% Decrease in customer experience Difficulty forecasting / predicting future sales behaviour 36% Increase in strategic decisions based on incomplete data 31% 26% Difficulty profiling and understanding customers None of these / no consequence 2% About SAP Hybris SAP Hybris enables businesses to transform how they engage with customers, innovate how they do business, and simplify their technology landscape. With a comprehensive approach to customer engagement and commerce, our solutions unlock opportunities to optimize your customers’ experience and transform your business. We help you drive relevant, contextual experiences across all of your customer touch-points in real-time, so that you can create strong differentiation and build competitive advantage in the Digital Economy. SAP Hybris has helped some of the world’s leading organizations transform themselves in response to changing market conditions and customer expectations – delivering exceptional experiences, adding new channels, evolving their business models, and entering new markets. How can we help you? Explore SAP Hybris solutions today. For more information, visit www.hybris.com. © 2016 SAP SE or an SAP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP SE or an SAP affiliate company. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names mentioned are the trademarks of their respective companies. Please see http://www.sap.com/corporate-en/about/legal/copyright/index.html for additional trademark information and notices.
© Copyright 2026 Paperzz