Major disconnect between brands and customers
Kitewheel the real-time customer engagement hub for marketing agencies has findings of an independently commissioned study, “The State of the Customer Journey 2014,” that examines the current breakthroughs and breakdowns in engagement with today’s connected consumer. As new technologies and digital channels reshape the landscape of human interaction, the study reveals a significant disconnect between consumer expectation around experience and brand execution.
Nearly 600 connected consumers and marketing decision makers were surveyed in Kitewheel’s “State of the Customer Journey 2014 Report.” Five areas of disconnect were discovered including: mobile, social media, real-time e-commerce, omni-channel capability and brand loyalty. Some of the key findings include:
· Real-time eCommerce presents a huge opportunity for brands, as 91 percent of consumers feel an “in the moment” offer might influence their purchase. Yet only 32 percent of marketers have the tools in place to deliver upon this “real-time” promise in practice, with most offers arriving too late to make an impact.
· Three-quarters (76 percent) of consumers use mobile devices tocompare prices and read reviews while shopping, yet 51 percent of marketers are not currently managing mobile apps as a consumer touch point. Additionally, 55 percent of consumers state frustrations in downloading an app that offers no functional difference from a business’ website.
· Sixty-eight percent of consumer respondents expect a response to tweets directed at a brand, and one in three expect a response within 24 hours. Yet 45 percent of marketers state it is unlikely that their company can respond to every one of these social media opportunities.
· Nearly three-quarters of consumers (73 percent) believe that loyalty programs should be a way for brands to show consumers how loyal they are to them as a customer; but two-thirds (66 percent) of marketers still see it the other way around.
“Brands face tremendous challenges – and opportunities – to adapt their strategies to better meet the demands of today’s connected consumer, while truly differentiating themselves,” said Mark Smith, President, Kitewheel. “Yet transformation across one category or touch point will not suffice in the long run – individual customer journeys that span all touch points, channels and strategies must lie at the heart of this evolution.”