Oracle released a white paper on Why Customer Satisfaction is No Longer Good Enough. The results of the survey are below:
70% of shoppers have stopped buying goods or services from a company after experiencing poor customer service.
64% have made future purchases from a company’s competitors after experiencing poor customer service
82% describe the customer service process as being a lot of effort
92% of customers feel a poor service experience decreases their loyalty
Remember my post last year on Customer Experience Rules? Customers have the ability to make or break your business. You can never forget that...so start while you still can. If you don't believe me, check out Colin Cowie and his recent webisode on providing customer service. I heard him speak at BizBash's Ideafest a couple of years ago and he is an expert at providing service from the get-go.