Retail Banking

Survive and thrive with an integrated approach to your customer experience

The massive disruption in retail banking continues to fundamentally alter the customer experience. There’s new competition from online-only banks, financial management hybrids, payment-centric technologies and big box retail entrants. Increasing government regulations make it harder to compete profitably. If your customers continually encounter multiple channels and product silos with fragmented messages, the result is a disjointed experience and growing dissatisfaction.

If you’re counting on customer loyalty to see you through, the numbers don’t look good. A recent study revealed that only half of customers are loyal to their financial provider, 40 percent are considering alternatives and 10 percent say they’ll switch within six months.

TeleTech can help you survive and thrive in this volatile environment with an integrated approach to transforming your bank’s customer experience.


6 Steps to Achieving Breakthrough Customer Experiences

Our integrated approach combines consulting, analytics, technology and care services that align with business and brand objectives and put customers at the center of every solution. Using a six-step process, we are able to deliver a breakthrough customer experience across every channel, every time.

We begin by gaining insight into customers’ needs, values and behavior. We use that data to design a customer-centric strategy that best aligns resource investments to returns. We then help clients design, deploy and manage multichannel interactions that are relevant and profitable. The process is managed by a metrics dashboard that allows us to continue to refine and improve performance.


01: Insights

Customer Segmentation
- Customer Lifetime Value (Current and Potential)
- Needs and Wants
- NPS and Voice of the Customer
- Demographics
Customer Metrics

02: Strategy

Predictive Modeling
- Acquisition
- Cross-Sell/Up-Sell
- Churn
Segment Treatment Plans
- Multichannel
Segment-Based Investment Allocation
Align Corporate and Customer Metrics

03: Business Design

Business Process Redesign
- Contact Center Optimization
Data Architecture
Enabling Technology
- Multichannel Communication
- CRM and Social Knowledge
- Systems Integration
Organizational Design

04: Deployment

Pilot Test
Measurement and Iterative A/B Testing
Refinement and Rollout

05: Manage

Care Professional
Technical Support
Multiple Geographies and Languages
Licensed Associates

06: Measure and Refine

Ongoing Analytical Model Updates
Enterprise Metrics
Customer Metrics (e.g. NPS)




Are you ready to Humanify your customer experience?

Contact us



TeleTech Announces Second Quarter 2017 Financial Results
TeleTech Welcomes Jeff Marcoux as Vice President, Product Marketing

Customer Experience Solutions and Marketing Innovation Expert Bolsters Customer Experience and Service Design Acumen
Read press release


Global Headquarters
9197 South Peoria Street
Englewood, Colorado, U.S.A.

For General Inquiries

Outside of the U.S. please
dial +1.303.397.8100

For more information about TeleTech services and solutions
dial +1.877.206.8119

Outside of U.S. please
dial +1.480.389.1436

TeleTech CX Leader to Share Perspectives at CXSF 2017
Jeff Marcoux, CX Innovator and Marketing Professor, Will Outline Five Steps to Delivering Amazing Customer Experiences Using Strategy, Technology, Automation, Analytics and People
TeleTech Community Foundation Announces Grant Awards for First Half of 2017
Employee Driven Foundation Supports More Than 30 Charities and Education Organizations in the Communities Where the Company Operates