Key Highlights
- 86% of customers are willing to pay more for a better customer experience
- 73% of consumers say customer experience is an important factor in their purchasing decisions
- 80% of businesses say they aim to deliver a better customer experience
- 60% of consumers have stopped doing business with a company due to poor customer service
- Companies with strong omnichannel customer engagement retain on average 89% of their customers
- 58% of consumers have switched brands due to poor customer service
- 70% of buying experiences are based on how customers feel they are being treated
- 77% of consumers have chosen, recommended, or paid more for a brand that provides a better customer experience
- 91% of customers are more likely to shop with brands that provide personalized marketing
- Companies that prioritize customer experience generate 60% higher profit margins compared to competitors
- 86% of buyers are willing to pay more for a great customer experience
- 48% of consumers said they would pay more for a better customer experience
- 66% of consumers say their customer service expectations are higher than they were a year ago
In an era where 86% of consumers are willing to pay more for a superior customer experience, the commercial industry is racing to prioritize personalized, seamless service—because in today’s market, how customers feel about their interactions often outshines the product itself.
Brand Switching and Customer Retention
- 58% of consumers have switched brands due to poor customer service
- 58% of consumers stop doing business with a brand after multiple poor experiences
- 40% of buyers say they are willing to switch brands after just one poor customer interaction
- 87% of consumers will default to competitors after a bad experience
- 61% of consumers say they’ve cut ties with a brand due to bad customer service
- 79% of consumers are willing to switch brands after a poor customer experience
Brand Switching and Customer Retention Interpretation
Customer Experience and Satisfaction
- 73% of consumers say customer experience is an important factor in their purchasing decisions
- 80% of businesses say they aim to deliver a better customer experience
- 60% of consumers have stopped doing business with a company due to poor customer service
- Companies with strong omnichannel customer engagement retain on average 89% of their customers
- 70% of buying experiences are based on how customers feel they are being treated
- 91% of customers are more likely to shop with brands that provide personalized marketing
- Companies that prioritize customer experience generate 60% higher profit margins compared to competitors
- 86% of buyers are willing to pay more for a great customer experience
- 66% of consumers say their customer service expectations are higher than they were a year ago
- 59% of consumers say that excellent customer experience influences their brand loyalty
- 74% of consumers are likely to switch brands if they find the checkout process too complicated
- 81% of consumers want brands to make it easier to get in touch with them
- 39% of consumers feel that most companies fail to meet their expectations for good customer service
- 78% of consumers said that their shopping experiences are more influenced by how they are treated than by the price of a product
- 67% of consumers say that bad customer service experiences make them lose faith in the brand
- 70% of customers say that speed of response influences their customer experience satisfaction levels
- 90% of consumers are more likely to recommend a brand after a positive customer experience
- 82% of customers feel more positive about a brand after consistent customer service experiences
- 75% of consumers expect companies to understand their needs and expectations
- 69% of consumers would like to see real-time customer support options
- 65% of customers say their loyalty is driven primarily by a good customer experience
- 57% of consumers cite a dismissive or unhelpful staff as a reason for quitting a brand
- 78% of organizations believe personalized customer engagement is critical
- 50% of consumers expect companies to respond within 24 hours
- 88% of customers say their experience with a brand is just as important as the product or service
Customer Experience and Satisfaction Interpretation
Customer Willingness to Pay and Loyalty
- 86% of customers are willing to pay more for a better customer experience
- 77% of consumers have chosen, recommended, or paid more for a brand that provides a better customer experience
- 48% of consumers said they would pay more for a better customer experience
- 52% of consumers have made an additional purchase after a positive customer service experience
- 80% of consumers have stopped doing business with a company due to poor customer service
- 64% of consumers have increased their spending with companies that provide excellent customer service
- 75% of consumers say they are more loyal to brands that have good recovery strategies for service failures
Customer Willingness to Pay and Loyalty Interpretation
Loyalty
- 93% of customers are likely to make repeat purchases with companies that offer excellent customer service
Loyalty Interpretation
Online and Omnichannel Customer Engagement
- 55% of buyers will seek help from social media channels before calling customer service
Online and Omnichannel Customer Engagement Interpretation
Reputation, Recommendations, and Influence
- 85% of customers trust reviews as much as personal recommendations
- 45% of customers share bad experiences with others, harming the brand reputation
- 92% of consumers trust recommendations from friends and family above other forms of advertising
Reputation, Recommendations, and Influence Interpretation
Sources & References
- Reference 1SALESFORCEResearch Publication(2024)Visit source
- Reference 2PWCResearch Publication(2024)Visit source
- Reference 3GARTNERResearch Publication(2024)Visit source
- Reference 4SITELResearch Publication(2024)Visit source
- Reference 5MCKINSEYResearch Publication(2024)Visit source
- Reference 6SUPEROFFICEResearch Publication(2024)Visit source
- Reference 7HELPGSResearch Publication(2024)Visit source
- Reference 8EFFECTIVECOMMERCEResearch Publication(2024)Visit source
- Reference 9HBRResearch Publication(2024)Visit source
- Reference 10HELPSCOUTResearch Publication(2024)Visit source