My company just released its "2007 Customer Experience Survey," revealing both good and bad news.
Bad news first. In aggregate, online retailers fall far short of offering good or even adequate customer experiences. A pathetic 4 out of 330 sites would get a passing grade in Customer Experience 101. It's frightening to consider how much money is being left on the table and how many conversion opportunities are missed.
The good news? Companies show improvement over the last survey, though they're falling short on many basics. These basics, however, can be relatively easily addressed and fixed. Companies committed to improving their customers' online experiences can prioritize lower-cost and less-complex changes to improve their customer experience scores.
Improving Customer Experience Basics
While it's easy to stare at the puddle of spilled milk and fight back the tears, there's little profit in it. It's a bit painful to get a less-than-stellar grade, but the smart marketer will look at missed opportunities and be sure not to miss them again. Provide an intense customer focus, and you'll see more customers vote for you with their wallets.
Here are some actions retailers can take in the four key customer areas:
All these are significant factors that customers have come to expect online. Your customers notice little things that can make a huge difference. Companies that lavish attention on improving customer focus will reap more sales and will experience superior customer-retention rates in the long term.
For our study shoppers visited over 300 of the top online retailer sites. For each site, they answered a series of yes/no questions about the availability of 69 different customer experience factors. The factors were weighted to arrive at an overall score for each site.
The average site score was a disappointing 43 out of 100. The best scoring site, SmartBargains.com, scored a respectable 67.
The overall leaders:
Our findings coincide with an April 2006 Forrester study that shows only 26 percent of online consumers were satisfied with their shopping experience. A whopping 74 percent weren't even satisfied! And that 26 percent weren't delighted, merely "satisfied." In other words, the shopping experience was, at best, adequate.
It makes one wonder if retailers are racing to see who can be the most adequate.
Some other highlights from our study:
Again, the study focused on the customer experience fundamentals and ignored such factors as price points, impact of site design, and ease in locating products. We aimed to provide insight and a benchmark based on more objective measures.
How well would your site do on some of these customer experience fundamentals?
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Bryan Eisenberg is coauthor of the Wall Street Journal, Amazon, BusinessWeek, and New York Times bestselling books "Call to Action," "Waiting For Your Cat to Bark?," and "Always Be Testing." Bryan is a professional marketing speaker and has keynoted conferences globally such as SES, Shop.org, Direct Marketing Association, MarketingSherpa, Econsultancy, Webcom, SEM Konferansen Norway, the Canadian Marketing Association, and others. In 2010, Bryan was named a winner of the Direct Marketing Educational Foundation's Rising Stars Awards, which recognizes the most talented professionals 40 years of age or younger in the field of direct/interactive marketing. He is also cofounder and chairman emeritus of the Web Analytics Association. Bryan serves as an advisory board member of SES Conference & Expo, the eMetrics Marketing Optimization Summit, and several venture capital backed companies. He works with his coauthor and brother Jeffrey Eisenberg. You can find them at BryanEisenberg.com.
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