Insight of the week

The focus on customer experience results in revenue growth (84% of companies), increased customer loyalty (92%) and cost savings (79%). Providers with outstanding customer experience generate 5.7 times more revenue than their competitors. Customers accept higher prices of up to 16% on products and services at companies with outstanding customer experience. They also feel increased loyalty to the company.

Dimension Data Global Customer Experience Benchmarking Report, Forbes, 50 stats that prove the value of Customer Experience, PWC: Experience is everything: Here’s how to get it right