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Tag Archives: Customer Rage Study

The Customer Rage Study: What It Means To You and Your Bottom Line

The following is a guest blog written by Mary Murcott, President of the Customer Experience Institute at Dialog Direct. Learn more about Dialog Direct by visiting their website.

There are only two ways to build a business: retain existing customers and acquire new ones. Great customer service and satisfaction are the key to both because most customers are acquired through positive word of mouth. So you would expect most companies to be fully focused on providing exceptional customer service and experiences, but that doesn’t seem to be the case.

Every two years, Dialog Direct partners with CCMC (customer care measurement & consulting), the W.P Carey School of Business at Arizona State University and the Center for Services Leadership to conduct the Customer Rage Study to gauge how customers view companies and how retailers and etailers can address areas of weakness that cause them to lose customers. The study identifies customer problems and addresses the nagging question:

Why are customer service and satisfaction still declining, despite their paramount importance and bottom line impact?

The study revealed that, in 2015, $202 billion were at risk due to customer problems with products/services. Key takeaways:

66% of customers with problems experienced rage

60% identified wasted time as the biggest damage

Only 35% were satisfied with their first contact

Only 14% got problem resolved upon first contact

It takes an average of 4.2 contacts to satisfy the complainant

Nearly one in four wants revenge

Fortunately…

If they become satisfied, 48% of customers would still recommend the brand

When providing both monetary and non-monetary remedies, satisfaction almost doubled from 37% to 73%

What are the implications? Continue reading

Uber-Channel Shifts: Lessons Learned From the 2015 Holiday Season – Part 2

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The following is a guest blog written by Sara Wright, Marketing Director, at Dialog Direct.

Last week we shared the first post in this two part series “Uber-Channel Shifts: Lessons Learned From the 2015 Holiday Season.” Get all caught up on the first two “lessons learned” by reading the first post in the series!

At Customer Response Summit Phoenix a one-of-a-kind panel involving customer experience executives from three of retail’s biggest competitors came together on the stage.  The panelists shared their firsthand experience in retail’s hottest trends, innovations, wins and lessons learned.

Here is what we learned:

3. Social Media Brings Delight and In-Store Insight

The speed of growth and change in social media, and the way that it is transforming the expectations of the customer, will continue to revolutionize the way retailers market, sell and communicate with their customers.

The most common way that retailers are engaging with their customers on social media is through two-way social media communication. The debate, however, is about who to prioritize the communication strategy around – influencers, detractors, or do you proactively reach out to all to delight? It depends on who you talk to, but the majority seem to prioritize reactive communication to the detractors or those that have an issue to resolve. One large online retailer, however, spoke up at the Customer Response Summit and stated that they believe in using social media to surprise and delight, not just react. Use vines, photos and video, not just text, to engage with a customer to create an over-the-top experience. Many retailers rely on an outsourced customer engagement partner to help monitor, engage and delight customers, especially during peak times or after hours. It has also been found that social media predictive technology can increase operational efficiencies by nearly 41% by prioritizing the most impactful conversations. Continue reading

10 Stats You Need to Know About Customer Rage!

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This is a guest blog written by Mary Murcott, President, Customer Experience Institute at Dialog Direct. Learn more about Dialog Direct on their website

Customers aren’t just frustrated, they are ENRAGED! In fact, 66% of people with a brand problem have experienced rage. How does Rage affect your business? What do customers expect to benefit from complaining, versus what they believe companies actually provide?  The 10 Customer Rage Study* stats below may surprise you.
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