Key Highlights
- 85% of customers are willing to pay more for a better customer experience
- 76% of consumers expect companies to understand their needs and expectations
- 63% of customers will stop doing business with a brand after a single bad experience
- 70% of buying experiences are based on how customers feel they are being treated
- 52% of consumers switch providers due to poor customer service
- 80% of customers consider their experience with a company to be as important as its products and services
- 60% of customers say they have higher expectations for customer service than they did a year ago
- 75% of telecom customers say they are frustrated with the poor customer service often experienced
- 90% of customers are more likely to recommend a company with excellent customer service
- 58% of telecom customers indicate that their loyalty is influenced primarily by the quality of customer service
- 65% of customers will share a positive service experience with others
- 84% of consumers say they have stopped doing business with a company after experiencing poor customer service
- 73% of consumers say that a good experience is key in influencing their brand loyalty
In an industry where nearly 9 out of 10 customers are more likely to switch after a poor experience, telecommunications companies must prioritize exceptional customer experience—because today, its impact on loyalty, reputation, and revenue is more critical than ever.
Customer Expectations and Preferences
- 85% of customers are willing to pay more for a better customer experience
- 76% of consumers expect companies to understand their needs and expectations
- 80% of customers consider their experience with a company to be as important as its products and services
- 60% of customers say they have higher expectations for customer service than they did a year ago
- 90% of customers are more likely to recommend a company with excellent customer service
- 73% of consumers say that a good experience is key in influencing their brand loyalty
- 78% of customers want companies to increase their personalization efforts
- 83% of organizations believe they deliver superior customer experience, yet only 38% of consumers agree
- 92% of customers want more human interactions in their customer service experience
- 94% of consumers say they are more likely to be loyal to a brand that offers transparent communication
- 48% of telecoms respondents believe they are delivering an exceptional customer experience, yet only 21% of consumers agree
- 79% of consumers expect faster service, and 73% value personalized service
- 81% of customers want to see personalized content from brands
- 72% of customers expect companies to understand their needs, but only 49% believe brands do a good job at this
- 60% of telecom organizations plan to revise their CX strategies in the next year
- 50% of customers say they would pay more for better service
- 78% of customers are more likely to remain loyal to a company that offers personalized experiences
- 86% of consumers agree that personalization plays a role in their brand loyalty
- 73% of organizations believe customer experience is their competitive advantage
- 60% of companies report increasing their CX investment in the past year
- 80% of broadband subscribers say their service provider should do more to improve customer service
- 71% of customers say personalized customer service influences their loyalty
- 65% of customers want instant, real-time responses from support teams
- 90% of consumers expect companies to provide consistent experiences across all channels
- 83% of consumers believe that proactive service communications improve their overall experience
- 75% of consumers say they are more likely to switch to a brand that personalizes their experience
Customer Expectations and Preferences Interpretation
Customer Experience and Satisfaction
- 63% of customers will stop doing business with a brand after a single bad experience
- 70% of buying experiences are based on how customers feel they are being treated
- 52% of consumers switch providers due to poor customer service
- 75% of telecom customers say they are frustrated with the poor customer service often experienced
- 58% of telecom customers indicate that their loyalty is influenced primarily by the quality of customer service
- 84% of consumers say they have stopped doing business with a company after experiencing poor customer service
- 61% of telecom customers have experienced a significant delay or mistake with their service
- 55% of customers said their recent service experience was worse than expected
- 70% of marketers agree that customer experience is their primary differentiator
- 69% of customers say they would switch to a competitor after a single poor experience
- 45% of customers say they have abandoned a transaction because of poor customer service
- 67% of consumers have switched companies due to poor customer service experiences
- 61% of customers feel their interactions are often disjointed across channels
- 34% of customers say they are less likely to recommend a company after a poor service experience
- 48% of telecom customers cite wait times as a major frustration
- 58% of telecom consumers use self-service options, but only 22% are satisfied with these options
- 69% of customers indicate that their service experience impacts their overall perception of a brand
- 52% of telecom customers report a service failure in the past year, with most citing unresolved issues as the reason
- 94% of customers have stopped doing business with a company due to poor service in the past year
Customer Experience and Satisfaction Interpretation
Customer Loyalty and Advocacy
- 65% of customers will share a positive service experience with others
- 55% of customers are more likely to share their positive experiences online, amplifying brand reputation
Customer Loyalty and Advocacy Interpretation
Sources & References
- Reference 1MARKETWATCHResearch Publication(2024)Visit source
- Reference 2SUPEROFFICEResearch Publication(2024)Visit source
- Reference 3SALESFORCEResearch Publication(2024)Visit source
- Reference 4HYKENResearch Publication(2024)Visit source
- Reference 5HUBSPOTResearch Publication(2024)Visit source
- Reference 6AMERICANBANKERResearch Publication(2024)Visit source
- Reference 7TTECResearch Publication(2024)Visit source
- Reference 8JDPOWERResearch Publication(2024)Visit source
- Reference 9GARTNERResearch Publication(2024)Visit source
- Reference 10CONTENTResearch Publication(2024)Visit source
- Reference 11MCKINSEYResearch Publication(2024)Visit source
- Reference 12EPSILONResearch Publication(2024)Visit source
- Reference 13ACCENTUREResearch Publication(2024)Visit source