GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Consumer Research

1 in 3 customers would ditch brand after just one bad experience

globalresearchsyndicate by globalresearchsyndicate
October 14, 2020
in Consumer Research
0
1 in 3 customers would ditch brand after just one bad experience
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Consumer patience for poor customer service is evaporating with a third of Britons willing to ditch companies after just one poor experience, according to research conducted by analytics firm SAS. A further 90% of customers would vote with their feet after two to five poor experiences, indicating that a well of sympathy and understanding borne by Covid-19 is draining fast.

Consumers are less forgiving than ever

  • The findings were informed by an online questionnaire of 10,000 adults across Europe, the Middle East and Africa conducted in August by 3Gem.

  • Businesses wishing to keep their customers sweet can no longer rely solely on price according to the report, which identifies customer experience and service to be vital attributes.

  • A clear majority (59%) professed themselves to be willing to pay more for products and services provided they continue to enjoy a positive customer experience during the pandemic.

  • Consumers have also become less price-conscious with the proportion placing price in their top three factors for a good customer experience falling from 61 to 54% since the outbreak.

  • The difficulty arises in pinning down precisely what people mean by ’customer service’ with cited factors spanning everything from price to convenience.

  • The report identified five factors which play a role with 25% citing flexible returns and refunds; 32% prioritised responsive customer support and 46% favoured prominent and clear labelling of prices and discounts.

  • A further 29% of responders valued companies which behaved responsibly and 38% were drawn to convenience.

Room for improvement

  • Amid coronavirus chaos, 25% of customers have observed an improvement in their own customer experience since lockdown.11% turning to digital services and apps for the first time; 58% intended to continue doing so.

  • Customer expectations still run ahead of actual services provided, however, and 11% observed a decline in service since lockdown.

  • Tiffany Carpenter, head of customer intelligence at SAS UK & Ireland, remarked: “With customer needs differing so wildly from one customer to the next, combined with their lack of patience for companies offering poor experiences and customer service, this tells businesses one thing: they must start recognising customers as individuals and tailor the experiences they deliver accordingly.”

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
Needle Roller Bearing Market SWOT Analysis of Top Key Player & Forecasts To 2025

Optical Coating Machines Market SWOT Analysis of Top Key Player & Forecasts To 2025

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com