Key Highlights
- 70% of customers say connected processes are very important to winning their business
- Companies with strong omnichannel customer engagement retain an average of 89% of their customers
- 55% of consumers are willing to pay more for a great customer experience
- 73% of consumers expect companies to understand their needs and expectations
- 78% of customers have backed out of a purchase due to a poor customer service experience
- 80% of customer satisfaction is directly related to how quickly and effectively customer issues are resolved
- 66% of customers say that a single interaction with a knowledgeable representative improves their perception of a brand
- Personalization can deliver five to eight times the return on investment (ROI) on marketing efforts
- 63% of consumers are more likely to make a purchase from a brand that recognizes them by name
- Companies with customer engagement strategies see 23% higher profits than those without
- 86% of buyers are willing to pay more for better customer experience
- 72% of customers share positive experiences with six or more people
- The average brand loyalty rate has dropped to 49%, indicating increased competition and customer choice
In a landscape where 89% of customers stay loyal to brands that excel in omnichannel engagement and 86% are willing to pay more for better experiences, understanding and implementing personalized, seamless customer engagement strategies has become the key to winning and retaining consumers in today’s competitive marketplace.
Brand Switching and Customer Retention
- 83% of consumers have stopped interactions with a brand due to unhelpful or rude customer service
- 41% of customers have switched brands due to poor customer service experience
Brand Switching and Customer Retention Interpretation
Customer Engagement and Loyalty
- Companies with strong omnichannel customer engagement retain an average of 89% of their customers
- Personalization can deliver five to eight times the return on investment (ROI) on marketing efforts
- 63% of consumers are more likely to make a purchase from a brand that recognizes them by name
- Companies with customer engagement strategies see 23% higher profits than those without
- 72% of customers share positive experiences with six or more people
- The average brand loyalty rate has dropped to 49%, indicating increased competition and customer choice
- Omnichannel customers are 30% more valuable than those using a single channel
- Mobile customer engagement accounts for 67% of all online customer engagement
- Personalized emails generate 6x higher transaction rates
- 70% of consumers say connected processes across channels influence their brand loyalty
- Companies that excel at multichannel customer engagement retain on average 89% of their customers
- 70% of buyers are more likely to purchase from a brand that recognizes them by name and recommends options based on past purchases
- 69% of consumers say their loyalty is influenced by how well customer service issues are resolved
- Businesses that use chatbots for customer engagement see a 67% increase in lead conversion rates
- 54% of respondents say they have increased their digital engagement efforts due to the pandemic
- Customer lifetime value increases by an average of 25% when companies engage customers across multiple channels
- Customer engagement metrics like Net Promoter Score (NPS) are used by 72% of companies to track customer satisfaction
- 65% of consumers will stop doing business with a brand after a bad experience
- 55% of customers are more loyal to brands that facilitate community engagement
- 40% of companies report an increase in customer retention after implementing AI-driven customer engagement tools
- Engaged customers generate 23 times more revenue than new customers
- Customer engagement efforts with video content have a 54% higher engagement rate compared to static content
- 82% of consumers feel more connected to brands that succeed in engaging them through social media
- 43% of consumers would stop engaging with a brand after one poor customer service experience
- 92% of companies believe customer engagement is critical to their success
- Businesses that actively track customer engagement outperform competitors by 19%
- 61% of consumers have increased their digital engagement due to COVID-19
- 46% of companies prioritize customer engagement in their digital transformation strategies
- Businesses see a 17% increase in customer lifetime value when engaging customers through personalized multichannel communication
- 45% of customers say they are more likely to recommend a brand with excellent customer engagement
- Companies with active social media engagement experience 20-40% higher revenue growth annually
- 76% of businesses view customer engagement as a top priority for digital transformation efforts
- 90% of consumers believe that a consistent, personalized experience influences their loyalty
- 55% of consumers are willing to participate in brand communities if they receive value and recognition
- 82% of consumers say engaging with brands via social media enhances their overall experience
- 58% of customers are more loyal when brands proactively communicate about issues and resolutions
- 74% of companies report that investing in customer engagement tools has contributed to revenue growth
- Customer engagement via live chat has a 73% satisfaction rate compared to email-only support
- 69% of brands report that their customer retention improved after implementing proactive engagement strategies
- 90% of companies that use customer engagement analytics report increased customer satisfaction
- 60% of consumers report that their loyalty enhances when brands involve them in feedback and community activities
Customer Engagement and Loyalty Interpretation
Customer Expectations and Preferences
- 55% of consumers are willing to pay more for a great customer experience
- 73% of consumers expect companies to understand their needs and expectations
- 78% of customers have backed out of a purchase due to a poor customer service experience
- 80% of customer satisfaction is directly related to how quickly and effectively customer issues are resolved
- 66% of customers say that a single interaction with a knowledgeable representative improves their perception of a brand
- 86% of buyers are willing to pay more for better customer experience
- 52% of customers say their expectations have increased over the past year
- 84% of consumers say the experience a company provides is just as important as its products and services
- 57% of consumers are willing to share data if they receive personalized offers and experiences
- 60% of consumers expect personalized experiences, but only 15% say companies meet these expectations consistently
- Self-service options are preferred by 67% of customers for resolving simple issues
- 59% of consumers feel more loyal to brands that personalise their experience
- 88% of consumers state that they are unlikely to do business with a company after a bad experience
- 40% of customer interactions happen via social media channels
- 74% of customers say a company's understanding of their needs influences their purchase decisions
- 61% of consumers prefer messaging over phone calls for customer service
- 81% of consumers want brands to understand them better and anticipate their needs
- 45% of companies believe personalized experiences are critical to their customer engagement strategy
- 88% of consumers say their experience with a brand is just as important as its products
- 50% of consumers expect real-time responses from brands
- 90% of consumers expect consistent brand experiences across all channels
- 58% of consumers say their loyalty is linked to how personalized their experiences are
- 85% of customer interactions are spent on self-service channels
- 64% of consumers say that quick resolution to issues enhances their perception of a brand
- 50% of consumers prefer to communicate with brands via messaging apps rather than email or phone
- 68% of consumers say that personalized content influences their purchase decisions
- 77% of buyers say their purchasing decisions are influenced by the quality of customer service
- 91% of consumers are more likely to shop with brands that provide relevant, personalized content
- 72% of consumers want brands to offer seamless, personalized omnichannel experiences
- 65% of customers expect companies to proactively address their needs
- 55% of consumers trust brands more if they communicate transparently during issues
- 85% of customers prefer proactive service notifications to resolve issues before they escalate
- 69% of consumers find that companies that engage via multiple channels offer better experiences
- 74% of customers believe that companies that personalize their interactions are more trustworthy
- 60% of consumers prefer brands that offer consistent messaging across all channels
- 68% of customers state that quick, effective support influences their loyalty
- 75% of consumers are more likely to purchase from a brand that offers personalized experiences based on their behaviors
- 54% of consumers expect brands to respond to them within an hour on social media channels
- 70% of customers say they would stop engaging with a brand after a poor experience
- 67% of customers prefer self-service portals for resolving common issues
- 91% of consumers are more likely to shop with brands that provide personalized content
- The use of AI chatbots improves customer satisfaction scores by an average of 15 points
- 62% of consumers say that engaging through multiple channels increases their trust in a brand
- 85% of customer interactions are now digital, including chat, email, or social media
- 54% of consumers say they are more likely to buy from brands that offer personalized content and recommendations
- 76% of consumers expect companies to offer support via messaging apps
- 80% of consumers say they prioritize quick responses over cost when choosing support channels
- 81% of consumers want brands to personalize offers and communications based on their history
- 67% of customers prefer to resolve issues via self-service before contacting support
- 85% of consumers say that their loyalty depends on the level of personalization they receive
- 72% of consumers say that they expect brands to communicate with them proactively
Customer Expectations and Preferences Interpretation
Customer Switching and Customer Retention
- 62% of consumers have stopped doing business with a brand due to poor customer service
Customer Switching and Customer Retention Interpretation
Investment in Customer Strategies
- 72% of companies plan to increase investment in customer engagement tools over the next year
- 65% of brands plan to increase their investment in AI-driven customer engagement tools within the next year
Investment in Customer Strategies Interpretation
Omnichannel and Connected Processes
- 70% of customers say connected processes are very important to winning their business
Omnichannel and Connected Processes Interpretation
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