3 Reasons Why Customer Experience Increases Sales

3 Reasons Why Customer Experience Increases Sales

Do you remember a time when, from the second you walked into a store, you were greeted by friendly staff, a welcoming atmosphere, and the entire experience left you feeling great? You likely left the store with a huge smile on your face, itching to tell your friends and family about the amazing experience you had and thinking that you need to go back to that store. 

Now think back to when you had a terrible experience trying to buy something or order a service. The anger and frustration made your blood boil, and you swore to yourself that you would never use that business again. 

These two feelings show the importance of Customer Experience (CX). CX is the result of every interaction a customer has had with your business and the impression your brand leaves in their mind. The entire customer journey determines whether they will return to your business or not, which is why a customer-centric CX strategy is vital to the success of your business. 

This blog will discuss three reasons why customer experience is essential to your business success and how a positive CX will drive sales and increase your revenue. 

Customer Retention is More Profitable Than Generating New Customers

The business world has a lot of controversy regarding which is better, customer retention or acquisition. However, the fact of the matter is that customer acquisition, while rewarding, can be highly time-consuming and expensive. 

As a business, building loyalty and a positive association with a new customer takes time and money. In contrast, the costs associated with repeat business are considerably lower, from both a sales and a marketing standpoint. With repeat business, your ad spend is lower because you have already built a connection with these customers, so you have a better chance of making a sale. The book Marketing Metrics explains that the sales conversion rate for an existing customer sits at around 60 – 70%, whereas an entirely new prospect has a conversion rate of only 5-20%.

It is vital to build a CX strategy that is centred around long-term customer loyalty. Repeat customers are statistically far more likely to make a purchase when they visit your business. They are also generally willing to spend much more because they are satisfied with their customer experiences and know the level of quality and service they will receive. 

Customer Experience is Free Word-of-Mouth Marketing

The impression that your customers have of your business is now far more likely to be shared thanks to the help of social media platforms and the internet. If your customer experience is positive, loyal customers will become advocates for your business and share their experiences with others, helping attract new customers at no extra cost to you. When your customers share their positive experiences, it piques the curiosity of others, so people are encouraged to interact with your brand to see the top-notch service for themselves. 

While a negative online review can deter prospective customers, positive online reviews strengthen the online presence of your business, increasing the visibility of your brand and attracting new clientele.

A Better Customer Experience Sets Your Brand Apart from Your Competitors

When your business provides a customer experience that exceeds expectations, you take your customers on a journey that breeds an emotional connection and loyalty. You won’t need to ‘remind’ customers why they should use your services or buy your products because they will already know. 

A review conducted by SuperOffice determined that 86% of buyers are willing to pay more for better customer service. So even if your competitors may have lower prices, if your customer experience surpasses theirs, customers will be more likely to use your business. When developing your CX strategy, consider rewards programs like coupons, free shipping offers, and lower prices for repeat customers, especially if your company operates in the e-commerce sector. It will set your brand apart and increase the positive perception of your business even more. 
Customer Experience is a foundational element of the success of your business. If you need assistance improving your strategy or are curious about how you can improve your customer experience, contact Customer Perceptions today or visit our website to view our list of expert services.

One Million Mystery Shops

1,000,000 Mystery Shops

By – Susan Reilly, Head of Sales and Marketing

 

Customer Perceptions, having been in existence for almost a quarter of a century now, have completed over one million customer satisfaction/feedback assessments in this time.

What does having one million pieces of feedback mean? It means we can pull together some fairly robust statistics as to exactly what your customer wants.

One thing for sure is, times have changed, whilst 10 years ago, the primary focus for customers was a “good price”, this has dramatically changed since. Customers are now much more complex when it comes to the decisions they make. Below you will find the key drivers resulting in higher satisfaction levels and ultimately higher spend and likelihood for repeat business.

1.) Feelings.
It might be unusual that we talk about feelings when it comes to your customer, however feelings matter. Fact! Customers want to feel loved, to feel wanted, to feel important, to feel valued. Take a minute to make your customer “feel” special. The more feelings a customer can attach to a store, the more memorable the event, hence the more likely they are to return.

2.) Time.
Time is key to customers, and everybody has less and less each day. Nobody wants to “waste” time. Queues are the single most annoyance when it comes to shopping. A queue will deter a customer before they even fully step into your store. You have no chance if your stores have long queues. We need to be ahead of the game, ensuring we are utilising every tool in our reach to minimise the time spent queuing and waiting. Efficiency is key.

3.) Knowledge.
Customers hate bluffers. They can spot them a mile off. Don’t put staff in front of customers if you have not trained them in fully on the products. This does your reputation considerable damage. Staff need to be confident in what they are selling, and also need to be confident in saying “I don’t know, but let me get the answer for you”.

4.) Promises.
Empty promises are a pet peeve for customers. Don’t tell your customer that you will give them a call in 2 days time if you have no intention of doing so. If you commit to something, you must deliver. Have a robust system for recording when following up calls must be made and stick to it. The system should be transparent so any staff member can pick up the calls if needed.

5.) Answer Me!
How many times have you felt like screaming this down the phone, or to your laptop screen when you just want somebody to answer your question. Customers want to talk to you, and they want to talk to you through a variety of channels. Keep the lines of communication open at all times. If you have a phone number listed on your website, then answer the call when it comes through. If you have an email address listed on your website, then answer the email when it comes through. If you have a facebook page, then answer your messages….. see where I am going with this? If you list a channel for your customers to communicate with you, then you absolutely must have this channel manned in a timely manner, i.e. within a 24 hour period max.

Make sure to follow our Linked In page, and check out our blog section on our website regularly as we will be telling you exactly how to achieve each of these points in much more detail.

Our first tutorial on making the Customer FEEL good, is coming soon…………….

You name it, we can do it!

Family at the restaurant

By – Megan Clarke, Client Account Manager.

 

Mystery shopping can offer an endless range of unimaginable insights.  So, before you come to the conclusion that mystery shopping provides limited information, let’s take a look at some of the more unique projects we have carried out.

Aside from the more regular convenience store visits, hotel stays and finance calls, we have an array of past projects that we are sure will intrigue you.

We have sent the underaged demographic to shops to buy cigarettes to see if staff are checking for ID and we have sent people to funeral homes pretending they have had a bereavement to assess the empathy of staff.   Some have been sent to visit the cliffs, some have made video consultations with the doctor for the contraceptive pill, cold/flu and back pain.   We have assessed photo machines in shopping centres, assessed charity collectors on the street and even travelled on the ferry to price the products on the boat.   To make things even MORE exciting, we have challenged people to the adventure rooms and got them to break the rules, sent them on thrilling theme park rides and sightseeing adventures across land and sea.

Not only can the scenarios be wonderfully weird but the profile of the lucky individual undertaking the assessment can be requested and we will make it our mission to meet the specifics.  We have sent ladies with a bigger bust to lingerie stores to try on bras and to get seriously specific, we have used a shopper over 50 with a stigmatism in one eye, no history of heart disease and a prescription more than plus 5 on their lens to test an optician.

We are always willing to take on new challenges, things we have never done before in an aim to provide our clients with the essential information they need to grow and strive.

Need more information? Click HERE