Key Highlights
- 86% of customers are willing to pay more for better customer service
- 78% of customers have canceled a transaction due to poor customer experience
- 73% of consumers say a good experience is key in influencing their brand loyalty
- 60% of IT users say they have higher expectations for digital customer service than before the pandemic
- 81% of companies say customer experience is a competitive differentiator
- 70% of buying experiences are based on how the customer feels they are being treated
- 80% of customers say that their experience with a company is as important as its products and services
- 91% of consumers are more likely to shop with brands that recognize, remember, and provide relevant offers and recommendations to them
- 76% of consumers expect companies to understand their needs and expectations
- 54% of customers say they have higher expectations for response times today than a year ago
- 73% of consumers expect companies to understand their needs and expectations
- By 2025, customer experience will overtake price and product as the key brand differentiator for 75% of consumers
- 62% of business decision-makers believe that poor customer experience directly impacts revenue
In an era where 86% of customers are willing to pay more for superior service and nearly every interaction shapes brand loyalty, the IT industry stands at a pivotal crossroads to redefine customer experience as the ultimate competitive advantage.
Customer Expectations and Preferences
- 86% of customers are willing to pay more for better customer service
- 60% of IT users say they have higher expectations for digital customer service than before the pandemic
- 91% of consumers are more likely to shop with brands that recognize, remember, and provide relevant offers and recommendations to them
- 76% of consumers expect companies to understand their needs and expectations
- 54% of customers say they have higher expectations for response times today than a year ago
- 73% of consumers expect companies to understand their needs and expectations
- 67% of customers say that their standards for good experiences are higher than they were a year ago
- 69% of customers say that their expectations for digital customer service have increased due to recent technological advances
- 90% of customers expect consistent interactions across multiple channels
- 45% of customers will abandon their shopping carts if they encounter poor site navigation or load times
- 74% of buyers only wait 5 minutes max for a reply from customer service
- 57% of consumers would participate in a chatbot if it meant faster response times
- 65% of customers say that personalized experiences influence their purchasing decisions
- 56% of companies struggle to deliver a seamless omnichannel customer experience
- 90% of consumers are more likely to recommend a brand that provides a personalized experience
- 66% of customers expect real-time assistance, such as live chat or messaging, while shopping online
- 55% of consumers would pay more for a better customer experience
- 84% of consumers trust reviews and recommendations from friends and family over other forms of advertising
- 70% of consumers expect companies to demonstrate understanding and empathy through their customer service
- 83% of buyers say that a personalized experience influences their purchasing decision
- 75% of consumers expect a consistent experience across all channels and devices
- 80% of customers are more likely to buy from a brand that offers personalized service
- 90% of consumers want brands to act quickly and resolve issues promptly
- 77% of consumers prefer self-service options for quick issue resolution
- 69% of customers expect a company to personalize their service based on past interactions
- 75% of consumers prefer messaging apps over traditional channels for customer support
- 66% of consumers believe companies should use AI to better understand their needs
- 59% of consumers say they are more loyal to brands that offer instant messaging support
- 61% of consumers want to be able to contact customer service via social media
Customer Expectations and Preferences Interpretation
Customer Experience and Satisfaction
- 78% of customers have canceled a transaction due to poor customer experience
- 73% of consumers say a good experience is key in influencing their brand loyalty
- 81% of companies say customer experience is a competitive differentiator
- 70% of buying experiences are based on how the customer feels they are being treated
- 80% of customers say that their experience with a company is as important as its products and services
- By 2025, customer experience will overtake price and product as the key brand differentiator for 75% of consumers
- 62% of business decision-makers believe that poor customer experience directly impacts revenue
- 89% of consumers shop with a competitor after a poor customer service experience
- 52% of consumers say that companies need to earn their trust in order to keep their business
- 80% of companies that focus on customer experience report an increase in revenue
- 70% of customers say they will stay loyal to a brand that delivers excellent customer service
- 88% of consumers say they are less likely to buy from a company after a bad customer experience
- 78% of customers say that their experience with a brand influences their future purchasing decisions
- 59% of customers have stopped doing business with a brand after a poor customer experience
- 68% of customers say their loyalty depends on how well a company handles complaints
- 61% of customers stop doing business with a brand after a poor experience
- 52% of companies believe that automating customer interactions improves customer satisfaction
- 80% of customers want companies to proactively address issues before they escalate
- 85% of consumers say that their loyalty is driven by positive customer experiences
- 65% of customers find chatbots an effective support tool for resolving issues quickly
- 58% of businesses see a measurable increase in customer satisfaction after implementing digital customer experience tools
Customer Experience and Satisfaction Interpretation
Sources & References
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