Key Highlights
- 86% of customers are willing to pay more for a better customer experience
- Companies that excel at customer experience have 1.5 times more engaged employees
- 73% of consumers say a good experience is key in influencing their brand loyalty
- 91% of consumers are likely to shop with brands that provide relevant offers and recommendations
- 78% of customers have bailed on a transaction or not made an intended purchase because of a poor customer service experience
- 80% of customers say the experience a company provides is as important as its products or services
- Enterprises that prioritize customer experience generate 5.7 times more revenue than competitors that do not
- 60% of customers will recommend a company after a positive experience
- 73% of consumers point to friendly customer service representatives as very important in their brand loyalty
- 66% of customers say they will switch brands if they find the customer experience to be poor
- 90% of Americans consider customer service as a key factor in choosing a brand
- 58% of consumers have stopped doing business with a company due to poor customer service
- 84% of companies that work to improve customer experience report an increase in revenue
In an era where 86% of customers are willing to pay more for exceptional service, mastering customer experience isn’t just a strategy—it’s the secret to building unwavering loyalty and skyrocketing revenue in the service industry.
Business Impact and Performance
- Enterprises that prioritize customer experience generate 5.7 times more revenue than competitors that do not
Business Impact and Performance Interpretation
Customer Behavior and Purchase Intent
- 91% of consumers are likely to shop with brands that provide relevant offers and recommendations
- 74% of consumers say they are likely to try a new company based on one positive experience
- 55% of consumers have abandoned a purchase due to poor customer service
Customer Behavior and Purchase Intent Interpretation
Customer Experience and Service Quality
- Companies that excel at customer experience have 1.5 times more engaged employees
- 80% of customers say the experience a company provides is as important as its products or services
- 70% of buying experiences are based on how the customer feels they are being treated
- 65% of companies identify customer experience as a critical factor for competitive advantage
- 89% of consumers expect a response within 24 hours when they reach out to customer service
- 86% of consumers are willing to pay more for a better customer experience
- The average customer service call length is 4.5 minutes
- 69% of consumers prefer to use live chat for customer support over other channels
Customer Experience and Service Quality Interpretation
Customer Satisfaction and Loyalty
- 86% of customers are willing to pay more for a better customer experience
- 73% of consumers say a good experience is key in influencing their brand loyalty
- 78% of customers have bailed on a transaction or not made an intended purchase because of a poor customer service experience
- 60% of customers will recommend a company after a positive experience
- 73% of consumers point to friendly customer service representatives as very important in their brand loyalty
- 66% of customers say they will switch brands if they find the customer experience to be poor
- 90% of Americans consider customer service as a key factor in choosing a brand
- 58% of consumers have stopped doing business with a company due to poor customer service
- 84% of companies that work to improve customer experience report an increase in revenue
- 89% of consumers have switched brands to get better customer service
- 91% of consumers who are satisfied with their customer service experience are likely to recommend the brand to others
- 57% of consumers have stopped buying from a company because of poor customer service
- 77% of customers consider a quick response as critical in their customer service experience
- Brands that deliver consistent and personalized experiences see up to 20% higher customer satisfaction scores
- 75% of consumers say they are more likely to buy from a brand that recognizes, remembers, and provides relevant offers and recommendations
- Customer experience leaders see a 31% higher share of wallet than their competitors
- 83% of consumers say they are willing to recommend a brand that provides excellent service
- 52% of customers have made additional purchases after a positive customer experience
- 80% of new business comes from referrals, which are driven by positive customer experiences
- 67% of customers say they have stopped doing business with a company due to poor customer service
- 42% of customers are willing to switch brands due to poor customer service
- 68% of customers say that their loyalty depends on how well they are treated during a service recovery
- 60% of customers say personalized service influences loyalty
- 77% of consumers say they have had a memorable, positive customer service experience in the past year
- 69% of consumers would stop buying from a brand after just one bad experience
- 91% of companies believe that improving customer experience is their top priority
- 87% of consumers say they are more likely to buy again after a positive customer support experience
- 62% of customers find self-service options satisfactory for resolving their issues
- 85% of consumers say they trust a company more if it offers personalized experiences
- 70% of customers are more loyal to companies that resolve complaints quickly
- 77% of customers want companies to proactively address potential issues
- 49% of consumers say that quick resolution of issues is a major factor in satisfaction
- 76% of consumers have had to escalate customer service issues due to inadequate responses
- 74% of customers say they are more likely to return to a company that offers excellent customer service
- 83% of customers want companies to contact them proactively to solve issues
- 71% of consumers say they will recommend a brand after a positive customer service experience
- 88% of consumers say that delivering consistent customer service is essential for customer retention
- 77% of brands invest in customer experience improvements annually
Customer Satisfaction and Loyalty Interpretation
Sources & References
- Reference 1DUEDILResearch Publication(2024)Visit source
- Reference 2GARTNERResearch Publication(2024)Visit source
- Reference 3PWCResearch Publication(2024)Visit source
- Reference 4SALESFORCEResearch Publication(2024)Visit source
- Reference 5SUPEROFFICEResearch Publication(2024)Visit source
- Reference 6BUSINESSResearch Publication(2024)Visit source
- Reference 7FORBESResearch Publication(2024)Visit source
- Reference 8USEREFFECTSResearch Publication(2024)Visit source
- Reference 9HELPSCOUTResearch Publication(2024)Visit source
- Reference 10ZENDESKResearch Publication(2024)Visit source
- Reference 11JDPOWERResearch Publication(2024)Visit source
- Reference 12HARVARDBUSINESSResearch Publication(2024)Visit source
- Reference 13SURVEYCENTERResearch Publication(2024)Visit source
- Reference 14CUSTOMERSERVICEMANAGERResearch Publication(2024)Visit source
- Reference 15MCKINSEYResearch Publication(2024)Visit source
- Reference 16BAINResearch Publication(2024)Visit source
- Reference 17BCGResearch Publication(2024)Visit source
- Reference 18HBRResearch Publication(2024)Visit source
- Reference 19STATISTAResearch Publication(2024)Visit source
- Reference 20SOCIALMEDIATODAYResearch Publication(2024)Visit source