Skip to main content

Best Customer Experience Key to CE Branding

Consumers like the latest digital products, but they are easily frustrated by the complexity and commoditization of those offerings, according to a survey from Accenture. The survey results also shows, while new and enhanced service offerings can be crucial in building brand loyalty, customer service remains one of the best tools in providing customer satisfaction.

The survey found that 20 percent of consumers have returned a technology product in the last two years, citing poor product quality (38 percent) and missed functionality expectations (19 percent) as the main reasons. Poor customer service (11 percent) and a failure to work with other products and services (15 percent) were cited as leading reasons for product and service dissatisfaction, according to the survey.

The potential reward for companies that deliver a superior overall customer experience is quite significant. For instance, two-thirds (65 percent) of respondents said that product brand supersedes store brand, indicating that brand equity for manufacturers is still key.

"Good customer support yields customer loyalty to your brand," said Al Delattre, global managing director for Accenture's electronics and high-tech industry group. He noted that the survey found that nearly three out of four consumers agree that getting good customer support makes them more likely to buy from the same company in the future.

"While the survey clearly reveals the significant challenges facing the consumer electronics (CE) industry today, it also shows that there is strong consumer demand for enhanced customer support and other service offerings that can overcome the current confusion and frustration, said Delattre. "This presents a clear opportunity for leading companies to develop the bundles of products and services that can deliver a truly satisfying and exciting customer experience."

The survey of 10,000 consumers in North America, Europe and Asia found that:

- The vast majority believe that technology has made their lives easier (78 percent) and more fun (76 percent).

- No surprise, price outweighs other purchase criteria by almost two-to-one.

- Consumers are frustrated with complexity, with 43 percent stating that they would prefer to buy a single-use product or service that does one thing well.

"Digital technologies increasingly are moving into the lives of mainstream consumers who are embracing these products and services as part of what can be described as an emerging digital lifestyle -- where use of these technologies has become seamlessly integrated with how we all live and work," said Delattre. "But unlike the technophiles who were the primary market for these products in the past, today's mainstream buyers do not have the same degree of technical knowledge to cope with the complex installation, setup and troubleshooting that these products often require -- and this survey indicates they have no desire to become their own technicians."

The online survey was conducted by TNS for Accenture. About 800 to 1,600 consumers were polled per country. Consumers in the United States and eight other countries, including the United Kingdom, Canada, Germany, Italy, Japan, Taiwan, Korea and China participated in the overall online poll.

Popular posts from this blog

Securing the Future of Cellular IoT Apps

The Internet of Things (IoT) continues to expand. According to the latest worldwide market study by Juniper Research, they forecast a 90 percent growth in cellular IoT devices by 2028, with the global number reaching 6.5 billion. This exponential rise presents both exciting opportunities and significant challenges. While the growth of cellular IoT unlocks a vast potential for innovation in smart cities, industrial automation, and remote monitoring, it also requires device management and security advancements. Cellular IoT Market Development Juniper's research highlights the critical role of intelligent infrastructure management solutions. These platforms will empower the users to automate critical tasks such as device configuration, real-time security management, and optimized wireless connectivity. The surge in cellular data usage, projected to reach 46 petabytes by 2028 compared to 21 petabytes today, further underscores the need for automation. This is where federated learning i