Top 50 critical customer experience statistics for business success in 2024
Jul 03, 20248 MINS READ
In the rapidly evolving landscape of consumer behavior, customer experience (CX) has surged to the forefront of business strategy. As companies strive to differentiate themselves in a saturated market, understanding the nuances of customer interactions has become crucial.
In 2024, the statistics used to gauge customer experience have moved beyond traditional satisfaction scores to include real-time engagement data and emotional analytics. These metrics offer a more holistic view of the customer journey, from initial contact to post-purchase interactions and beyond. This pivot to a data-driven, customer-centric approach is reshaping the competitive dynamics across industries, making the mastery of CX a crucial element for business success in the digital age.
What is customer experience?
Customer experience (CX) refers to the overall perception a customer forms about a company or brand throughout every stage of their interaction. This encompasses all touchpoints a customer has with a brand, from navigating a website, engaging with customer service, and purchasing a product or service to post-purchase support. Essentially, CX is the sum of all experiences customers have with a brand, which collectively influence their feelings, perceptions, and brand loyalty.
Good customer experience is pivotal in today’s market because it differentiates businesses from their competitors. It is not merely focused on providing excellent customer service in isolated incidents but aims to deliver a consistently positive and seamless journey across all channels.
Why should you be tracking customer experience statistics?
Tracking CX statistics is critical for any business aiming to thrive in today's customer-centric market. These metrics provide valuable insights into how customers perceive their interactions with a brand across various touchpoints. By systematically analyzing this data, companies can identify strengths and pinpoint areas needing improvement, which allows them to make data-driven decisions that enhance the overall customer journey. This approach boosts retention rates, increases sales, and enhances customer loyalty.
Customer experience statistics are also a benchmark for measuring the effectiveness of customer service initiatives and marketing strategies. They enable businesses to track progress over time, compare performance against industry standards, and set attainable customer service goals. This ongoing evaluation encourages companies to innovate and adapt in response to changing customer expectations and market conditions. Ultimately, monitoring customer experience statistics empowers businesses to deliver superior service that aligns with their customers' needs and expectations, driving sustainable growth and competitive advantage.
50 critical customer experience statistics you should know
Now that you know what CX statistics are, let’s take a look at 50 statistics that showcase just how important customer experience is.
Customer data statistics
It’s no secret that companies use customer data, such as demographics, interaction history, and purchase behavior, to inform their customer service and marketing strategies. However, attempts to collect this information are not always well-received because consumers fear their personal information will be misused.
83% of customers are willing to share their data to curate a more personalized experience. (Accenture)
33% of adults aged 18-24 and 34% of adults aged 24-35 say that they trust businesses with their information. Only 17% of adults aged 55+ agree. (Chartered Institute of Marketing)
42% of consumers have reported being contacted by businesses they have not given permission to. (Chartered Institute of Marketing)
Only 24% of people believe that businesses treat their personal information with honesty and transparency. (Chartered Institute of Marketing)
66% of consumers state they are willing to share their personal data if they think it will improve their customer experience. (Redpoint and Harris)
Customer ROI statistics
Customer experience return on investment (ROI) statistics show that companies who invest time and money in enhancing their CX strategies see positive results in terms of loyalty, retention, and revenue growth.
Companies that provide excellent CX experience revenue growth 4%-8% above their market. (Bain)
89% of consumers reported that they switched to a competitor after a poor customer experience. (Harris Interactive)
Consumers who have positive customer experiences are 140% more likely to make a purchase than those who don’t. (Deloitte)
96% of customers say customer service matters in their decision to remain loyal to a brand. (Microsoft)
Customer-centric companies are 60% more profitable than those who aren’t customer-centric. (SuperOffice)
Customer feedback statistics
Customer feedback is a valuable tool for adapting strategies and gaining the trust of new customers. Customer feedback can be collected using surveys and online forums, but keep in mind that overloading customers with feedback requests may actually lead to more negative feedback.
Online reviews are extremely important—91% of 18-34-year-olds say they view online reviews the same as personal recommendations. (BrightEdge)
35% of customers wanted to leave a review regarding their customer experience. (Podium)
92% of B2B consumers say they are more likely to buy from a company after reading a credible review. (G2 and Heinz Marketing)
For every 1-star increase in rating a business earns on Yelp, they see a 5%-9% increase in revenue. (Harvard Business Review)
72% of consumers say they will not make a purchase until they have read reviews. (Testimonial Engine)
87% of businesses have reported increased sales due to user-generated content (UGC). (HubSpot)
Customer satisfaction statistics
How satisfied your customers are with their customer experience impacts their brand loyalty and likelihood of making purchases. It also affects your chances of bringing in new customers.
Customers who have good past experiences with a brand spend 140% more than those who have had poor past experiences. (Harvard Business Review)
13% of unsatisfied customers will tell 20 or more people they are unhappy with their experiences. (White House Office of Consumer Affairs)
81% of customers report that they are willing to pay more for better customer service. (SurveySparrow)
For every 1% increase in customer satisfaction, retention rates increase by 5%. (SurveySparrow)
Businesses with higher customer satisfaction ratings see a 12% increase in stock prices. (SurveySparrow)
Customer expectation statistics
Customer expectations are important because they signify what will resonate with your target audience. Meeting or exceeding customer expectations leads to happier customers, brand loyalty, brand promoters, and increased revenue. One way to achieve this is to implement personalization techniques.
72% of customers say they only interact with personalized messaging. (SmarterHQ)
40% of consumers are more likely to spend more than they planned when they receive a highly personalized experience. (BCG)
73% of customers say they expect personalization to improve as technology advances. (Salesforce)
Customers are 80% more likely to purchase with personalized experiences than generic ones. (Epsilon)
70% of millennials report being frustrated with receiving irrelevant emails from brands. (SmarterHQ)
49% of customers report having made impulse purchases after receiving personalized experiences. (GlobeNewswire)
88% of shoppers say they are more likely to continue shopping on a website that offers a personalized experience. (Elastic)
Customer service statistics
Listening to customer frustrations and adapting strategies accordingly is incredibly impactful on a company’s retention rates.
$1.6 trillion is lost each year in the U.S. due to consumers switching brands after poor customer service experiences. (Accenture Strategy)
42% of customers say they are willing to pay more for a product or service if they have a pleasant experience. (PwC)
A good customer service experience turns a one-time customer into a long-term customer 86% of the time. (Khoros)
49% of customers who left a brand they were previously loyal to reported that they left because of a poor customer service experience. (Emplifi)
78% of customers are more likely to continue to do business with a company with excellent customer service after they’ve made a mistake than companies with poor customer service. (Salesforce)
40% of customers expect a response via social media within 1 hour. (McKinsey)
Roughly 80% of Americans indicate that speed, convenience, knowledgeable help, and friendly service are the most important aspects of CX. (PwC)
Digital channel statistics
Engaging with your target audience across multiple digital channels increases your chances of expanding your customer base. We live in a digital world—use it to your advantage!
76% of customers prefer to use their mobile device for online shopping. (Dynamic Yield)
52% of consumers are less likely to interact with a company that provides poor mobile experiences. (WOW Local Marketing)
Social media channels play a major role in 87% of e-commerce purchasing decisions. (Social Media Today)
40% of customers have stated that having multiple communication options is the most important feature of a customer service department. (Business Wire)
Consumers who use multiple channels shop almost 2x as much as those who use a single channel. (McKinsey & Company)
57% of customers state they won’t recommend a business with a poorly designed mobile website. (SWEOR)
Marketers using 3 or more channels per campaign earned an order rate 494% higher than those using a single channel. (Omnisend)
Companies with strong omnichannel customer engagement strategies experience a 10% YOY growth, 10% increase in average order value, and 25% increase in close rates. (Adobe)
Artificial intelligence statistics
AI has taken the business world by storm, and CX is no exception. AI is a powerful tool for increasing productivity and efficiency. However, some companies and customers have doubts. When using AI, it’s crucial to make sure you use it ethically and strategically.
AI has the potential to lower customer acquisition costs by up to 50%. (Marketing in Asia)
Using AI technologies like chatbots can lower customer care expenditures by 30%. (Chatbots Magazine)
Only 41% of consumers under 34 have negative feelings about AI being used in CX. (SurveyMonkey)
66% of Gen Zers have expressed interest in AI that would help guide them through a product or website. (SurveyMonkey)
42% of consumers say they appreciate AI-driven product recommendations. (SurveyMonkey)
Over 40% of customers approve of brands using AI chatbots. (Statista)
You’ve got the stats, now what?
Now that you have these customer experience statistics at your disposal, it’s time to turn them into actionable strategies. Analyze them, compare them to your CX metrics, and decide which area is the best for you to start with. If inefficiencies are holding your team back, consider implementing AI technologies. If you want to increase retention, focus on updating your customer service protocols.
Implementing changes based on CX statistics requires careful planning and execution, so develop targeted initiatives that prioritize areas with the most significant impact on customer satisfaction and ROI. Be sure to establish clear metrics for measuring the success of these interventions over time to keep your CX strategies dynamic and responsive to the evolving expectations of your customer base.
FAQ
Why are customer experience statistics important?
CX statistics are important because they provide quantifiable insights into how customers perceive their interactions with a brand. They help businesses identify areas for improvement and measure the effectiveness of their customer service initiatives.
What are some key metrics used to measure customer experience?
Some key metrics used to measure customer experience include Net Promoter Score (NPS), Customer Satisfaction Score (CSAT), Customer Effort Score (CES), and churn rate.
How can I use customer experience statistics to improve my business?
CX statistics can be used to highlight successes and identify areas in need of improvement. They allow businesses to tailor their products, services, and interactions to better meet customer needs and expectations.
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