As many as 62% of UK consumers are more likely to buy again from brands which treat them like an individual, rather than the same as any other customer.
This demand for brands to engage with customers as an individual is mirrored across Europe – in Italy (70%), Spain (63%), France (59%) and Germany (55%).
These are the findings of a study by digital asset management firm, OpenText, which revealed the extent to which the pandemic has changed customers’ expectations of brands, and the increasingly important role of a streamlined digital experience post-COVID.
In a survey of 2,000 UK respondents, four out of ten (43%) UK consumers said they only buy from brands that make them feel they understand their preferences. This includes communicating with them through their favorite channels or providing tailored deals.
More than half (56%) of UK consumers would be put off buying again from a brand due to a bad experience. In fact, six out of ten (60%) do not believe there is such a thing as a ‘customer for life’ anymore in 2021, suggesting that brands cannot rely on customer loyalty stretching far enough to recover from bad experiences.
Creating a frictionless experience for customers is key to providing a good experience. When buying products or services online, nearly three out of four (72%) UK consumers say that an easy search is very important to them. Furthermore, half (48%) prefer to shop with brands that auto-fill and remember their details for next time. There is, however, pressure on brands to store that data correctly: half (54%) would even be willing to pay more to do business with a brand that is committed to protecting their personal data.
Lou Blatt, senior VP, and CMO at OpenText said: “The COVID-19 crisis has been a dramatic catalyst for digital acceleration across all sectors, forcing businesses to change how they communicate with customers.
“As a result, customer expectations have also shifted. They now expect more from brands – more communication channels, more personalization, and, above all, a more continuous and connected digital experience. The ability to deliver rich, ultra-personalized communications at scale, across all touchpoints and channels, is now mission-critical for acquiring, developing, and retaining customers.”
For 54% of UK consumers, the pandemic has changed their expectations of what a brand’s digital offering should be. One-fifth (19%) won’t use brands if their experience isn’t excellent when buying online.
Nearly half (46%) are now more comfortable with digital-only businesses as a result of the pandemic. For more than four in 10 (43%) UK consumers, a personalized digital experience is now vital to them if they are to come back to a brand time and time again.
The research also revealed consumer perspectives on which organizations have risen to the challenge of providing an optimal experience during the turbulence of the last year. Four in 10 (40%) say bigger established brands have been able to offer a smoother digital experience than smaller ones during the pandemic.
Guy Hellier, VP, product management at OpenText, said: “Creating a positive customer experience is all about removing friction and increasing relevance: the easier something is to do and the more relevant it is to each customer, the better the experience.
“Today, customers expect their journey, from researching products to tracking orders, to transition seamlessly from one digital platform to another while retaining a consistent personalized feel – delivered across any device, at any time. For brands, this means investing in a digital experience platform that enables them to integrate data, information, and assets seamlessly across different environments.
“Without this in place, brands will struggle to create and deliver the cohesive and personalized experiences needed to win and retain customers.”