Let's Talk Supply Chain

428: Create Customer Experiences that Supercharge Success, with Narvar


Listen Later

Amit Sharma of Narvar talks about leveraging intelligent communication to boost consumer trust, create memorable shopping experiences & maximize conversions.

IN THIS EPISODE WE DISCUSS:

[07.56] Amit's career journey, and how it led him to establish Narvar.

[10.12] An overview of Narvar – who they are, what they do, and how they help their customers.

"Online, after we buy, there's a waiting period. And often that waiting period is overlooked, or under-invested. We help businesses engage their customers with the intention of driving long term loyalty and advocacy."

[12.54] The ideal client for Narvar.

[14.28] Amit's take on the biggest e-commerce challenges right now, especially when it comes to the post-purchase experience.

"Once you buy a product, it's a chore. 'Find a tracking number; When can I get it?; Do I have to be at home,?; Will the package be secure?'… There are all these questions that lead to anxiety about the order you placed. So the challenge is to build the trust every step of the way."

"There's a disconnect... you have to understand the customers context and provide the right information at the right time."

[17.13] Narvar's mission to simplify the everyday lives of consumers, and why taking care of retail customers isn't just the right thing to do – it's good business.

"Everything is "and" now. It has to be cheaper AND it has to be faster AND it has to be on time AND it has to be an amazing customer experience."

"Consumers want returns policies and processes that are easy to understand and follow… and making it convenient is better for the retailer as well."

[25.18] Why 60% of shoppers are more likely to choose a retailer that can tell them the exact date a package will arrive at the time of order; and the role of Narvar's 'Promise' solution in helping retailers utilize intelligent delivery estimates to drive conversion and deliver transparency.

"Given a choice, customers select visibility and predictability of delivery dates versus faster delivery. And, from the merchant perspective, we then see consumers buy more, and make less customer service enquiries, because you've built trust and confidence…. There's a big benefit from setting that expectation."

[31.46] How Narvar helps retailers continue to communicate with consumers using post-purchase marketing and different touchpoints to keep them informed, but also boost trust, keep experience levels high and upsell.

[35.35] The challenge of returns, and how Narvar helps retailers to find the balance of retaining revenue and reducing costs, whilst also offering customers easy, convenient, positive experiences.

"All of the data and sophistication gets applied on the acquisition side, but not much on the retention side. Returns is an opportunity for that."

[40.38] Why Narvar is fostering collaboration between retailers, and how a unique relationship with Kohl's is setting a standard for smoother, cheaper, and more sustainable returns experiences for brands and consumers alike.

"Cheaper, convenient, and beneficial for everybody."

[44.42] The upcoming trends and opportunities in the ecommerce industry that we should be looking out for.

"Using intelligence, the supply chain is going to get more and more intuitive, more consumer-friendly, and more cost-effective for all the players involved."

RESOURCES AND LINKS MENTIONED:

Head over to Narvar's website now to find out more and discover how they could help you too. You can also connect with Narvar and keep up to date with the latest over on LinkedIn, YouTube, Facebook and X (Twitter), or you can connect with Amit on LinkedIn.

...more
View all episodesView all episodes
Download on the App Store

Let's Talk Supply ChainBy Sarah Barnes-Humphrey

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

60 ratings


More shows like Let's Talk Supply Chain

View all
Planet Money by NPR

Planet Money

30,646 Listeners

Motley Fool Money by The Motley Fool

Motley Fool Money

3,217 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,675 Listeners

The Jordan B. Peterson Podcast by Dr. Jordan B. Peterson

The Jordan B. Peterson Podcast

33,339 Listeners

The Daily by The New York Times

The Daily

112,539 Listeners

Up First from NPR by NPR

Up First from NPR

56,431 Listeners

Leaders in Supply Chain and Logistics Podcast by Alcott Global

Leaders in Supply Chain and Logistics Podcast

26 Listeners

Supply Chain Now by Supply Chain Now

Supply Chain Now

118 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

3,003 Listeners

Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

Think Fast Talk Smart: Communication Techniques

813 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,493 Listeners

Morning Wire by The Daily Wire

Morning Wire

26,668 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,393 Listeners

The Future of Supply Chain by SAP SE

The Future of Supply Chain

3 Listeners

The Jefferson Fisher Podcast by Civility Media

The Jefferson Fisher Podcast

8,396 Listeners