{"id":11295,"date":"2022-08-31T05:40:06","date_gmt":"2022-08-31T12:40:06","guid":{"rendered":"https:\/\/mapp.com\/?p=11295"},"modified":"2023-09-27T10:13:36","modified_gmt":"2023-09-27T10:13:36","slug":"how-to-build-a-single-customer-view-to-improve-your-cx","status":"publish","type":"post","link":"https:\/\/mapp.com\/blog\/how-to-build-a-single-customer-view-to-improve-your-cx\/","title":{"rendered":"How to Build a Single Customer View to Improve Your CX"},"content":{"rendered":"
Marketers understand just how important it is to deliver a personalized and relevant customer experience. <\/span>Last year, 36% of eCommerce businesses wanted to implement personalized experiences.<\/a> Yet businesses still lack the ability to make use of personalization across their marketing channels. But how can you do this accurately to target consumers with the right content, on the right channel, at the right time, if you\u2019re working with siloed customer data? A single customer view is essential.<\/p>\n Lacking a comprehensive approach to collecting and consolidating data can have you falling at the first hurdle of a positive customer experience.<\/b> This causes low customer engagement, fewer sales, and low customer loyalty.\u00a0<\/span><\/p>\n Having a single customer view (SCV) is essential for getting a single source of truth about your customer and their journey. By combining your offline and online customer data, it enables personalized marketing that\u2019s consistent across all relevant channels that your customers interact with.\u00a0<\/span><\/p>\n But you need to understand what the criteria is for a truly unified SCV and how to build it correctly to power your marketing.\u00a0<\/span><\/p>\n A single customer view (SCV) is a valuable marketing tool that combines and structures all the data a company has about an individual in one place. It\u2019s also referred to as a 360-degree customer view or a unified customer profile. Customer Data Platforms (CDPs) are usually used by marketers to create these (we\u2019ll cover how a little later).\u00a0<\/span><\/p>\n If you don\u2019t prioritize understanding your customers, they\u2019re unlikely to prioritize you. Marketers should aim for an omnichannel, customer-centric approach to personalize communications. To achieve this, you need to really know your customers first – and some marketers think they\u2019re achieving this. <\/span>But are you capturing and combining all your data and structuring it in the digestible way?<\/b><\/p>\n Relying on easy-to-reach online data isn\u2019t enough: is it key to identify your data points online and offline and unify them into one place.\u00a0<\/span><\/p>\n There are two key mistakes that cause ineffective profiles:<\/b><\/p>\n Whichever your situation, the result is the same – you produce fragmented SCVs based on incomplete data consolidation.\u00a0<\/span><\/p>\n If you feel like you\u2019re probably not getting all the analytics you need right now, don\u2019t worry! <\/span>Once you use the below methods to create a comprehensive single customer view, you can start to deliver hyper-personalized communications, create data-backed objectives, and drive revenue.\u00a0<\/b><\/p>\n To build a single customer view that works, the best approach is to identify what analytics you need from every part of the end-to-end customer journey. <\/b>Think about:\u00a0<\/span><\/p>\n Once you\u2019ve completed these steps, map out the customer journey and pinpoint the stages where your data collection exists in your MarTech. Next, determine where the gaps are. These are overlooked opportunities for collecting and storing data.\u00a0<\/span><\/p>\n Click here to download a free template for mapping<\/span><\/a> the customer journey.<\/span><\/p>\n Consumer expectations are at an all time high. In fact, they expect your store workers to have <\/span>information<\/span> about their online purchases. Customers don\u2019t have to sign in to enter your store, but there are many ways to gather customer data to contribute to a single customer view (SCV)<\/span>.<\/b>\u00a0<\/span>Why should you collect data in-store when you have online opportunities?<\/span><\/p>\n Taking these steps helps you to<\/span> streamline marketing and offer relevant content in-store<\/span><\/a> and across your digital channels. Sending personalized communications based on their activity can help you improve conversions, upselling, and customer retention.\u00a0<\/span><\/p>\n Asking for an email address or personal details during the checkout process can match in-store customers to their online profiles. Alternatively, offering a QR code to scan on a loyalty app at points of sale seamlessly connects in-store customer data with online data.<\/span><\/p>\n Many businesses overlook helpful data-collection tactics. If you’re not directly interacting with your target audience to collect zero-party data, you’re missing out!\u00a0<\/span><\/p>\n Asking for customers\u2019 perspectives gives you valuable data, helps you to develop strategies and CX, and improves your single customer views. Try the following methods:<\/span><\/p>\n Zero-party data gives you unique insights other businesses may not have. Plus: interacting with your consumers strengthens loyalty.\u00a0<\/span><\/p>\n However, it\u2019s not only about direct interactions. <\/span>First-party data<\/b><\/a> is also key here.<\/b> It\u2019s the data you gather firsthand by observing consumers’ actions across your platforms with methods like tracking. Consequently, it\u2019s a reliable, inexpensive, high-quality data source. Remember: always <\/span>prioritize GDPR and data privacy <\/span><\/a>to prevent reputation damage and fines by checking your marketing platforms are compliant.\u00a0<\/span><\/p>\n While there are a range of data management tools that exist like <\/span>Data Management Platforms (DMP) <\/span><\/a>and <\/span>Customer Relationship Management (CRM) platforms<\/span><\/a>, these work with different types of data and have different use cases. CDPs centralize and consolidate data from every touchpoint, create customer profiles for a single customer view, and help convert your data into visualized insights.\u00a0<\/span><\/p>\n Depending on the type of CDP, it can centralize your data, activate this data for execution, and analyze your analytics for insight-led marketing. The types of data a CDP works with are: :<\/span><\/p>\n A CDP combines everything on a single platform so you can easily navigate and understand who you\u2019re targeting. Depending on the vendor you choose, it can help you do this in real-time by using Data Streams to stay on top of ever-changing customer behavior.\u00a0<\/span><\/p>\n Read how Flaconi switched to real-time marketing using data streams.\u00a0<\/span><\/i><\/a><\/p>\nWhat is a single view of a customer?<\/span><\/h2>\n
What is the problem?<\/span><\/h2>\n
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How do you build a Single Customer View?<\/span><\/h2>\n
1. Map out the customer journey and understand what data you have<\/span><\/h3>\n
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2. Look at <\/span>how<\/span> you collect customer data in-store<\/span><\/h3>\n
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3. Look at how you capture and collect customer data online<\/span><\/h3>\n
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4. Unify your data points with a Customer Data Platform (CDP)<\/span><\/h3>\n
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5. Segment, build, and enrich unified customer profiles<\/span><\/h3>\n