Key Findings
This study examined the ROI of customer experience for consumers across 18 countries and 17 industries. Some highlights include:
- Consumer satisfaction universally impacts key loyalty behaviors. Satisfaction has a medium or large effect on consumers’ likelihood to trust, recommend, and purchase more from an organization across every industry and country. Satisfaction is most highly correlated with trust and recommendations for government agencies.
- Consumer satisfaction has the largest effect on their likelihood to recommend. Compared to an unsatisfying experience, after an extremely satisfying experience, consumers are 4.2x more likely to trust an organization, 5.2x more likely to recommend that organization, and 3.5x more likely to purchase more from the organization.
- Satisfaction levels affect loyalty behaviors to different extents across countries. Regardless of how satisfying an experience was, Indian and Indonesian consumers are most likely to trust, recommend, and repurchase from an organization, while German and Japanese consumers are least likely to do so.
Figures
Here are the figures for this Data Snapshot:
- ROI: CX Correlates with Trust
- ROI: CX Correlates with Recommendations
- ROI: CX Correlates with Purchasing More
- CX and Loyalty Correlations – Overall
- CX and Loyalty Correlations – by Industry
- CX and Trust Correlations – by Industry
- CX and Recommendation Correlations – by Industry
- CX and Repurchase Correlations – by Industry
- CX and Loyalty Correlations: Airlines
- CX and Loyalty Correlations: Banking
- CX and Loyalty Correlations: Colleges/Universities
- CX and Loyalty Correlations: Credit Card Providers
- CX and Loyalty Correlations: Department Stores
- CX and Loyalty Correlations: Fast Food Restaurants
- CX and Loyalty Correlations: Government Agencies
- CX and Loyalty Correlations: Health Insurers
- CX and Loyalty Correlations: Hospitals/Medical Clinics
- CX and Loyalty Correlations: Internet Service Providers
- CX and Loyalty Correlations: Mobile Phone Providers
- CX and Loyalty Correlations: Online Retailers
- CX and Loyalty Correlations: Parcel Delivery Services
- CX and Loyalty Correlations: Property Insurers
- CX and Loyalty Correlations: Public Utilities
- CX and Loyalty Correlations: Streaming Media
- CX and Loyalty Correlations: Supermarkets
- CX And Loyalty Correlations – by Country
- CX And Trust Correlations – by Country
- CX And Recommendation Correlations – by Country
- CX And Repurchase Correlations – by Country
- Methodology (Part 1)
- Methodology (Part 2)