Customer experience has become now the key differentiator – in fact more important than price or product. Today’s consumers have unlimited choices at their fingertips – enabling them to make highly informed and educated decisions during their purchasing journey.
Customer experience is the overall impression your organization establishes with customers during their purchase journey. It encompasses every interaction you have with your customers. Organizations who want to stay relevant and connected must create positive experience and align their interactions with changing customer expectations.
Organizations who create a positive customer experience realize multiple business benefits, including:
- Increased loyalty. Customers who have a positive experience with a company, especially during the purchase process, keep coming back—and can even become word-of-mouth ambassadors for the brand.
- Increased cost savings. Creating a positive CX helps a business better understand its customers’ needs and preferences, which can lower the costs of marketing and customer acquisition.
- Increased engagement. Individuals who know and trust a company from a positive CX are more likely to be receptive to that company’s outreach and marketing initiatives.