Several macro-trends in business and emerging technologies have turned content into a strategic asset for businesses. Disintermediation, new conversational user interfaces, internet of things, and the move to customer success are some of these trends.
For more information on trends, read: http://mndt.ch/selfservnow
HomeRoots Pitch Deck | Investor Insights | April 2024
Keynote Lavacon 2016 - Content as a Strategic Asset
1. 2010 2011 2012 2013 2014 2015 2016
A N E W C A T E G O R Y O F C U S T O M E R E N G A G E M E N T S O F T W A R E
MindTouch
launches cloud
product and
wins first customers.
Zendesk partners
with MindTouch;
first 75 customers
milestone.
SAP partners with
MindTouch. Builds SAP
integration. Launches
first shared customers.
New customer
revenue grows by
212%. Customer
renewals rates
96%.
Salesforce partners with
MindTouch.
Salesforce Analytics
Cloud Launch Partner.
Accenture partners with
MindTouch.
Salesforce Community
Cloud Launch Partner.
SAP Software Partner of
the Year.
Customer renewal rates
still at 96%.
6 Million daily requests
1.3 Billion monthly events
2. We now live in the age of on-demand understanding.
5. PRE-INTERNET
Product Manuals,
Marketing Brochures,
PDFs, FAQs,
Knowledge Bases
“Smart content” available
everywhere along the
customer journey in
“micro-moments”
One-to-one
customer
relationships
PRE-MOBILE TODAY
CONTENT IS NOW THE CUSTOMER EXPERIENCE
6. MICRO-MOMENTS
“Mobile has forever changed what we expect of
brands. It's fractured the consumer journey into
hundreds of real-time, intent-driven micro-moments.
Each is a critical opportunity for brands to shape our
decisions and preferences.”
(Google)
8. VOICE
“20% of Google searches on Android in the U.S. are
now done by voice and 25% of online searches on the
Windows taskbar are also done by voice.”
(Gartner)
9. Internet of Things
By 2025, the Internet of Things could generate more
than $11 trillion a year in economic growth.
(McKinsey)
10. of buyers turn
to search engines
first when
researching
products.
(CEB, HBR, Gartner)
of customers buy only
from vendors that
provide product
Content online.
(Acquity Group)
of customers would
rather use self-service
than a human
assisted support
Channel. (Forrester)
33% said they would rather
”clean a toilet” than wait for
Support.
(Aspect CX Survey)
92%72%79%
Self-Service is the Undeniable and
Irreversible Shift
12. There will be winners And losers.
Those who create understanding.
Those who do not.
13. From 2,000 daily active
users to 16,000 daily
active users, and
1:45 minutes on site to
11 minutes on site.
14. More than doubled
website traffic in
less than a year.
Generating more buyer
and customer insight
than ever before.
15. In one year, increased
buyer traffic by 8x.
Built insights that inform
sales, marketing and
product.
16. Didn’t understand
what the customer
wanted.
K-Mart
Taxis
Blockbuster
Newspapers/Magazines
Circuit City
Radio Shack
Blackberry
MySpace
Friendster
Orkut
21. IN PRODUCT/
CONTEXTUAL HELP
SUPPORT CHANNELS BUYER & CUSTOMER
INTELLIGENCE
GOOGLE SEARCH/SEO SALES/CRM
M A R K E T I N G S A L E S S U C C E S S / S U P P O R T
COMMERCE
SMART CONTENT IS AVAILABLE THROUGHOUT THE
CUSTOMER JOURNEY
22. IMPROVE MARKETING, SALES AND PRODUCT STRATEGY
Connect with and understand your buyers and customers better.
• Improve Marketing and
Product Strategy
• Inform Sales Channels,
Improve Sales Execution
• Identify Gaps and
Inform Content Strategy
• Increased Retention and
Upsell
23. of consumers, using
their mobile for
in-store research,
look for information
on features and
functionality.
of sales people
require product and
support content to
assist during the
sale.
of companies surveyed want to know the exact content maps
that help them close deals and renew customers.
of buyers utilize an
online source
when beginning
product research,
primarily through
search engines.
75% 70% 74% 100%
IN PRODUCT/
CONTEXTUAL HELP
SUPPORT CHANNELS BUYER & CUSTOMER
INTELLIGENCE
GOOGLE SEARCH/SEO SALES/CRM
M A R K E T I N G S A L E S S U C C E S S / S U P P O R T
CONTENT IS NOW THE CUSTOMER EXPERIENCE
COMMERCE
25. A NEW DIGITAL EXPERIENCE THAT DRIVES
ENGAGEMENT WITH MEASURABLE VALUE.
Make money and save costs; with stuff you’ve got lying around.
I M P A C T T O W E B T R A F F I C
• 38% increase in new customer revenue • 47% decrease in customer cost
• 62% increase in renewal probability
I M P A C T T O T I M E O N S I T E
Data compiled with the express permission of MindTouch customers and use granted with commitment to anonymity.
26. TOO GOOD TO BE TRUE?
Our customers don’t think so…
Web Traffic
Increase
Time on Site
Increase
8x 20x
9x 6x
2x 10x
8x 5x
There’s been an undeniable massive shift in how we engage our customers.
Customers and Buyers expect to have on-demand understanding of your products.
And that you to have on-demand understanding of them.
Steve at your local Ace Hardware.
Buying online. Barrier between us and the SME. Accessed from your Desktop/Laptop.
A customer experience that “learns” like Steve does and understand you, but also makes it fast and easy to understand the products.
Requires an entirely new approach to content. It requires micro-content that can be delivered in a moment. A micro-moment.
Steve at your local Ace Hardware.
Buying online. Barrier between us and the SME. Accessed from your Desktop/Laptop.
A customer experience that “learns” like Steve does and understand you, but also makes it fast and easy to understand the products.
Requires an entirely new approach to content. It requires micro-content that can be delivered in a moment. A micro-moment.
Steve at your local Ace Hardware.
Buying online. Barrier between us and the SME. Accessed from your Desktop/Laptop.
A customer experience that “learns” like Steve does and understand you, but also makes it fast and easy to understand the products.
Requires an entirely new approach to content. It requires micro-content that can be delivered in a moment. A micro-moment.
Means, micro-content on the web is a requirement.
Users increasingly expect chat-like Uis. Look at anyone under the age of 25.
Users of Chat apps now surpass users of Social Networks!
Voice is accelerating.
Another conversational UI.
Increasing expectations of micro-moments.
I really do mean on-demand.
Users expect in-product help experiences regardless of whether they’re in software or hardware.
Content is the CX and UI
Step back for a moment and take stock of user expectations.
Content is the CX!
On-demand understanding is the requirement.
This shift is undeniable and irrevisible. There will be winners. There will be losers.
Means, micro-content on the web is a requirement.
Driving engagement and understanding.
Driving engagement and understanding.
Controlling their brand online.
All companies that failed to understand their customers
Steve, he’s learning.
Companies are delivering this customer experience with “Smart Content” that’s layered across the entire customer journey.
This provides a scalable and effective means of delivering “learning” customer experience.