Thursday, December 6, 2012

Consumers Defect in Growing Numbers But Majority Say “You Could Have Kept Me,” Accenture Research Finds


In 2012, one in five consumers switched companies they buy from, including wireless phone, internet service, and retailers, according to new research by Accenture. This marks a five percent increase in switching over 2011 levels. However, the eighth annual Accenture Global Consumer Survey also found that the majority (85 percent) of consumers say the companies could have done something differently to prevent them from switching. 
The survey, which polled more than 12,000 consumers in 32 countries, found that among those consumers who would have stayed if their provider had acted differently, two-thirds (67 percent) pointed to having their customer service issue resolved during their first contact as a factor. More than half (54 percent) might have remained loyal if they had been rewarded for doing more business with their provider. The survey revealed that, of the ten industries covered, the largest rises in switching were among wireless phone providers (26 percent of consumers switched in 2012, up from 21 percent in 2011); internet service providers (23 percent switched, up from 19 percent in 2011) and retailers (22 percent switched, up from 16 percent in 2011).

Broken promises are a top area of frustration for consumers, according to the survey:nearly two-thirds (63 percent) of respondents indicate it’s extremely frustrating when a company delivers a different customer service experience from what it promised upfront. Seventy eight percent of consumers say they are likely to switch providers when they encounter such broken promises. Other frustrations that make consumers more likely to switch include:

 -- Having to contact customer service multiple times for the same reason (selected by 65 percent of consumers)
-- Dealing with unfriendly customer service agents (65 percent)
-- Being on hold for a long time when contacting customer service (61 percent)

More information on customer service and support can be found at www.SupportIndistry.com

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