UK and US business executives rank customer experience above sales and revenue as the key focus in 2017, according to new research.
According to a new report, “Success in The Experience Era: Connecting Customer and C-suite,” a full 100% of the C-suite survey respondents are prioritizing the customer, in contrast to just 58% who cited sales and revenue as their primary concern.
Commissioned by Calabrio, a leading provider of customer engagement and analytics software, the study surveyed 844 senior business decision makers from across the globe, including more than 350 C-level execs, on their business priorities and views on customer experience. The report was launched today in London at the company’s EMEA user conference, Calabrio Customer Connect.
The importance of delivering exceptional customer experiences is now more apparent than ever. More than half (52%) of senior leadership globally view customer experience as the most important way of differentiating their brand.
However, the study uncovers that companies and their C-suites have hurdles to clear before they can fully understand and engage customers. For example, nearly half (47%) of CMOs feel that they do not have the right tools deployed in order to understand their customers’ greatest challenges. And, at the heart of the problem is a lack of clear customer ownership post-sale—only 35% of CMOs believe that using customer data insights is their responsibility, while a mere 29% of CCOs claimed ownership.
Looking further across the C-suite, only 37% of chief executive officers stake a claim on improving customer experiences.
Tom Goodmanson, president and CEO at Calabrio said, “It is clear that the customer is paramount to success. But the challenge comes in understanding how customers interact with businesses, particularly when it comes to the contact centre. The challenge is two-fold: first to ensure businesses are gathering accurate customer insights as a rich source of business intelligence, and secondly to understand how this data can be used to inform wider business improvement and customer engagement strategies.”
Methodology
Commissioned through Morar research. Study of 844 senior decision makers in the UK and US, carried out in April 2017.