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Net Promoter Community > San Francisco Conference Blog 2009 > Tags > intuit
 

San Francisco Conference Blog 2009

2 Posts tagged with the intuit tag

Tom Kehler, Vice President and GM Community Solutions, Satmetrix

Stephen Blundell, Senior Manager Vendor Partner Relations, Intuit

 

Tom Kehler, VP and GM of Community Solutions at Satmetrix and Steve Blundell, Customer Advocate at Intuit, talked about improving NPS through online customer engagement. About one half of the audience said they had an online community initiative underway. Tom presented a strong case for ‘continuous customer engagement’, especially in B2C and B2SMB. For example he asked, “Do you have the ability to contact your Promoters in the next 24 hours?” Promoters can be activated to support other customers, help in a marketing campaign, defend or back a corporate position, etc. In support of this Tom referenced a recent HBR article written by the cofounder of Intuit, Scott Cook called “The Contribution Revolution”. He talked about the need to create a Return on Engagement through better products (the best innovators are users of the product), better marketing (get Promoters to help form the message), and better word of mouth (comes from a trusted relationship and starts with listening). The customer’s return is the ability to influence the company and product direction and to play a role in creating a better customer experience – for themselves.

 

Tom stressed that the primary goal in a customer engagement program is to demonstrate that you are listening. He then shared a case-study on the Intuit TurboTax Inner Circle program, a micro-site for customers to have conversations with Intuit. Tom walked through an innovative technology (Adaptive Conversation) for identifying the best ideas from a large customer group. He also explained how the system is able to build robust customer profiles that leads to better CRM and support a closed-loop process. When combined, these capabilities allow a company to demonstrate that they know their customers, know their needs and are able to actively help improve the customer experience.

IMG_2228.JPG Steve then showed how the ProSeries and TurboTax product teams were able to use the Satmetrix platform to engage customers in product improvement. Customers provide ideas in their own words, vote on statements provided by others and then rank ideas by importance. The process extracts ‘wisdom from the crowd’ by turning qualitative feedback into quantitative results. Intuit is able to take action on this data since it identifies what’s important to the most number of customers. Steve shared other best practices for listening to customers including a customer council where customers are asked how Intuit can improve its products and services. These customers spend two days at Intuit’s offices paid for by Intuit. Steve found that if they involve customers in the beginning of the development process then they get a better product in the end. He referred to the successful launch of a payroll product due to this method of customer engagement. In another example, he shared a situation where Intuit thought the customer priority was to have a faster, easier TurboTax experience. After using the Satmetrix Customer Engagement platform Intuit realized this not to be the case and instead, to their surprise, found that the #1 problem was with rebates. This caused a significant shift in focus that eventually led to the elimination of rebates.

 

 

Tom concluded by stating that engaged customers create measurable results including increased loyalty, WOM and repeat purchases.

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Brad Smith, President & CEO, Intuit

 

 

IMG_2138.JPG Brad Smith of Intuit gave us a preview of what a mature Net Promoter Discipline can look like in a company…and how it can be an underpinning of transformative work that is focused on delighting the customer. He opened by explaining that 81% of new sales for Intuit are attributable to Word of Mouth…so this isn’t just a nice to have. Having more promoters is central to their growth strategy. How did Intuit get to this point? It was clear from hearing Brad’s talk that he personally, and Intuit as a whole, had been using NPS and the core concepts of Net Promoter since the early days. He gave a compelling and concrete description of the phases of NPS adoption that they had passed through since starting with it in 2003. These phases may sound familiar to many companies who have been using Net Promoter: Phase 1: focused on the score. This is the ideas that most companies here about first…the Net Promoter Score. It’s obviously just a tiny part of what the concept is about, but it is the starting point for most companies who hear about Net Promoter. Phase 2: the verbatims. Brad pointed out that the next thing they did was dig into the verbatim comments. The big takeaway from this was that the customer experience was not just about the product. It was about the end-to-end experience for the customer. That’s the view from the outside in.

 

Phase 3: process mapping. Fix those detractors! That’s what happens next in nearly all companies. They see the feedback, and the squeaky wheels obviously need grease. In Intuit’s case, Brad described major investments they made to map out processes, improve them, and drive down the number of detractors. Nothing bad here, but it’s not the end of the story.

 

Phase 4: how to get more promoters. This is a big shift, and it requires a different mind set. Employees need to think about the things they can do to delight customers and generate more promoters. It’s usually hard for companies to focus on this until they have detractors under control. But it is crucial.

So, at this point, I would have thought the story was over. These are the four phases most companies talk to me about. But I think Brad appropriately added a fifth phase of adoption, which is critical to getting things right out of the gate (rather than going back to diagnose, fix, and improve)…

 

 

Phase 5: innovating with customers. Intuit focuses today on getting customers and employees to participate together in innovation. What’s interesting about this is not only the outcome you get in terms of the product and the customer experience, but also the fact that you can build more promoters by having them involved with your company in this process. They know they have a voice. It can also be a huge motivator for employees.

 

As a takeaway, Brad stressed three things to consider. The importance of leadership, the power of harnessing employee creativity, and the impact that co-innovation can have on word of mouth. Where is your company on this adoption path?

 

Click here to download the presentation.

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