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Cx longitude infographic_v3-081419
1.
Infographic Intel is critical
to winning customers The battle for market share hinges on your ability to deliver a great customer experience (CX). According to Verizon-sponsored research, your advantage lies in data. Brands that consistently win over customers wisely use data to identify what customers want, when and how they want it–while protecting privacy and security. Here are insights from our report, “Winning the CX war.” Use them to add CX value and enhance your brand. Build your strategy with several touchpoints. Customers want a digital CX, but they still expect you to support traditional channels. Take personalization and convenience to the frontlines. Emerging technologies can help you capture personal data to create tailored, convenient transactions that meet increasing customer service demands. Use data strategically and ethically to benefit customers. Customers want to benefit from arming you, not your competition, with their information. Don’t let unsecured data leadtoyourbrand’sdefeat. The cost of mishandled or stolen data can be ruinous. Build trust to outflank challengers. Customers are more likely to proffer their data to brands they trust. 60% 92% 69% 67% 60% want to be able to switch between CX channels easily. 67% identified discounts and promotions as the top experience a company can deliver in exchange for personal information. 92% won’t share personal data unless they know how it will be used. 69% say “honesty and transparency” about data use are crucial to winning their trust. 55% would consider switching to a competitor for CX reasons. Not being able to speak to a real person (34%) or to find a phone number (21%) would prompt many to switch. 69% believe companies are requesting data for their own gain. 59% will abandon online transactions that take too long. 69% would avoid a company that has suffered a data breach, even if it offers a better deal than competitors. Only 7% would continue to use a company that suffered a high-profile data breach. 47% would return to a company that offers personalized, intuitive CX, even if a rival is cheaper. 55% of 18-to-24-year-olds said they’re attracted to companies that deliver CX using the latest technologies, compared to 47% of all consumers. Yet only 39% would let a restaurant or retailer track their location to offer deals nearby. 55% 69% 69% 7% 59% 47% 55% 39% For more insights to help improve your CX, visit verizon.com/please-provide-url The Verizon report, “Winning the CX war: The risks and rewards of next-generation CX,” is based on online survey responses from 6,000 consumers in 15 countries, and qualitative interviews with CX experts. Longitude, a Financial Times Company, conducted the research. © 2019 Verizon. All Rights Reserved. The Verizon name and logo and all other names, logos, and slogans identifying Verizon’s products and services are trademarks and service marks or registered trademarks and service marks of Verizon Trademark Services LLC or its aliates in the United States and/or other countries. All other trademarks and service marks are the property of their respective owners.
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