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)

CX leaders redouble customer feedback efforts

Anticipating a sudden need to appear more human

The unprecedented challenges facing the world today make it even more important that companies find new ways to deliver on their customers' expectations.

"The companies that can empathize with their customer, and quickly adapt to support their evolving needs, will emerge from the crisis with a stronger customer foundation than ever before," said Janelle Estes, Chief Insights Officer at UserTesting.

Data from UserTesting's seventh annual Customer Experience Survey shows that organizations value the importance of great customer experience, but have struggled with operationalizing the customer feedback process-rapidly identifying insights and turning those insights into action.

Those companies that have optimized the customer feedback process will be ahead of the pack in their respective industries, particularly in the coming months, as business models are required to shift to accommodate new customer behaviors and needs. To become a truly customer-centric company, everyone in the organization must have a deep understanding of customer needs and expectations. This requires implementing structures and strategies, and getting operational support from across the organization.

UserTesting, a provider of on-demand human insights, conducted the research to better understand the impact customer feedback has on a company's overall customer experience. The report uncovered three key trends influencing customer experience today:

• Greater Need for Organizational Buy-In
  Seventy-four percent of those surveyed said they felt their organization had the values and beliefs of a customer-centric culture. However, those beliefs didn't always lead to action. While the survey found that a majority of marketing, design and product teams agreed that it was important to get customer feedback before any type of launch, only 50% stated that customer feedback was integrated into the development processes. Additionally, only 50% of respondents felt they were empowered to use customer feedback in their decision-making process.
• Lack of CX Maturity Still Plagues Many Companies
  The survey also revealed a significant gap between the importance companies place on CX and the actual strategies and structures in place that allow employees to create great CX. While 95% of executives surveyed stated that CX is important to them, only one-third of employees surveyed stated their organization had a proactive CX approach in place. The remaining two-thirds said their company's CX strategies were either reactive (acting only when a problem occurred) or that they have no CX strategy in place at all. Mature CX organizations put systems and strategies in place proactively to educate employees about customer needs and empower them to create great products and services.
• Human Insight Drives Innovation
  The survey showed that 72% of respondents expect to see an increase in using customer feedback, a jump from 57% in 2019. The survey was conducted before the COVID- pandemic, which might change short-term investments. But the trend toward increased customer sensitivity is clear, and even during the outbreak, many companies are relying on fast human insight to ensure they connect emotionally with customers stressed by the crisis. The CX leaders of today, and the future, understand that creating a customer-centric culture means having full organizational buy-in, a mature CX strategy and, most importantly, continuous integration of customer feedback to create great experiences. Customer-centric companies that leverage human insight put themselves in the best position to become industry leaders and innovators.

"This year's report shows us that although organizations want to be customer-centric, they still have a lot of work to do to support their employees in feeling empowered to, and capable of, leveraging customer feedback to drive their decision-making," concluded Estes.

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)