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Customer service can shift brand loyalty: Survey

The quality of a company's customer service plays a key role in building its brand image and even helps the firm win new customers, a survey conducted by American Express has found. Why service matters?

Updated on: May 03, 2011 01:48 AM IST
Hindustan Times | By , New Delhi
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The quality of a company's customer service plays a key role in building its brand image and even helps the firm win new customers, a survey conducted by American Express has found.

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HT Image

The survey - 2011 Global Customer Service Barometer - says more than half of those surveyed (52%) would switch over to a new brand or company for want of a good customer service experience.Customer services in this case refer to various service provisions to a consumer before, during and after a transaction.

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The survey, based on a random sample of 1,002 consumers, mapped consumer behaviour on several parameters and has underlined the importance of customer services for an organisation.

Among those surveyed it was also found that around 90% consumers were willing to spend more with a company whose customer service could be rated excellent.

"On an average, they are willing to spend 22% more," the survey said.

In 2010, only 76% consumers were willing to pay more - around 11% on average - for better customer services.

 
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