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Have you seen The Customer Experience Factbook?

In this 180+ page report, you'll find all the information and support you need to build a profitable, effective CX Improvement Program that spans every part of your business. You'll be able to implement and manage meaningful and profitable change, and grow your bottom line despite a slowing economy.

Get it on Amazon (Kindle/Print)
 

You've got 10 minutes to establish online customer trust

And the French are leading the way

The survey explored Internet users' relationship to digital services and digital identity and revealed that businesses have just 10 minutes to set up digital accounts or risk losing consumer trust, according to a research paper from identity verification company Onfido and independent identity provider Okta.

The significant growth in the adoption of digital services throughout lockdowns and beyond has increased how comfortable consumers are accessing online services.

France and the UK have the highest proportion of consumers who feel comfortable accessing services online (9 in 10), and 43% of French respondents said they feel more comfortable now versus before the COVID-19 pandemic.

When asked why they want to do something online vs in-branch, the top three reasons were:

  1. I don't have to travel (64%)
  2. I feel safer accessing services online because of COVID-19 (48%)
  3. I am not limited by opening hours (44%)

When asked which services were most important to have digital access, the top three responses were:

Banking and financial services (94%)

The biggest concerns with online services
Businesses should not forget about the 6% who still have concerns around accessing services online. French consumers had an even split of concern between security (51%), and believing going in-branch is still more convenient than accessing their accounts online (49%).

Robust security and a seamless user experience are still non-negotiables when it comes to building digital trust, but now the speed of service has also become essential to the digital consumer. Companies are now "on the clock" as 78% of French consumers expect onboarding to new digital services to take no more than 10 minutes. This is true across all industries; 88% want to be able to approve a bank transaction in less than 10 minutes, 83% want to be able to register for a gaming account, and 74% want to book a car rental.

Modern identity verification in demand
The key finding of the study is that digital identity verification is becoming the preferred option for consumers accessing services. In the survey, 85% of French consumers who have had their identity verified by submitting a photo of an identity document said they would like to use this method again.

Biometrics is also emerging as the preferred option for digital consumers with 8 in 10 consumers saying they find biometrics such as a facial biometric both convenient and secure. These positive experiences are catalyzing a wider shift among all consumers, with 70% of French respondents agreeing they would be open to using biometrics to authenticate themselves instead of a password.

"From the moment a consumer visits a service provider's website or downloads an app, they're evaluating whether the business can deliver a trusted digital service, providing security and keeping their data private," says Mike Tuchen, CEO of Onfido. "Businesses have just minutes to establish the confidence that consumers expect in the digital world. Those that can offer low or zero friction during verification and authentication will positively differentiate themselves in a market where digital services have become the norm and consumer trust breeds brand loyalty."

The study surveyed more than 1,000 respondents in France, and 4,000 respondents in the Netherlands, the United States and the UK in September 2021.


Sources: Onfido /
The Marketing Factbook.
Copyright © 2021 - 2025 The Marketing Factbook.

    Categorised as:

  • Customer Experience
  • Customer Loyalty
  • Knowing The Customer
  • Marketing Know-How

Have you seen The Customer Experience Factbook?

In this 180+ page report, you'll find all the information and support you need to build a profitable, effective CX Improvement Program that spans every part of your business.

You'll be able to implement and manage meaningful and profitable change, and grow your bottom line despite a slowing economy. Grab this goldmine of easily adaptable and up-to-date strategies, walk-throughs, trends, technologies, research, suppliers and partners, plus all the supporting arguments you need to build a solid CX strategy.

While most marketers could list maybe a dozen key points for improving their brand's Customer Experience (CX), the researchers and writers at The Marketing Factbook have identified FORTY main 'CX Keys' which will help you drive your customers to new levels of delight, loyalty, advocacy and profitability.

The areas in which customers have direct contact with your organization are perhaps the most obvious places in which CX improvements can be made, and this report addresses all 24 of these 'Direct CX Keys', applicable to offline and online businesses alike.

At the same time there are many other areas that indirectly affect CX (such as the supply chain, policies and processes) in which every business can make simple but far-reaching improvements. This report guides you through the problems and solutions for all 16 of these 'Indirect CX Keys', many of which are often forgotten or under-played even in the best CX strategies.

Get it on Amazon (Kindle/Print)
 
Copyright © 2001-2025 Peter J. Clark