There is little logical about customer relationships. It can be easily overlooked when booking at a sales return but customers are people and people are complex. “Fire and ice within me fight” wrote the poet A.E Housman in describing how his emotional and the rational ‘sides’ were battling for control of his actions some 100 years ago. But today, in the age of science and pseudo-science business all too often assumes that customer actions are rational and can be predicted and programmed. People feel just as much as they think and, while it may be relatively easy on a one-off basis to plant an idea in a customer’s mind and get the response of a sale, winning loyalty to get repeat sales depends on how they experience the event – it’s the difference between a one night stand and a relationship.
Most of us have felt let down by at some time in our lives and can recognise the disappointment we experience as a result. How deep this disappointment goes and how it is expressed depends on how much we feel we’ve invested in the relationship and how much we feel we’ve received in return.
In our purchasing relationships bad experiences encountered in low value or occasional purchases can be shrugged off with the simple resolution of ‘never using them again’, but when it comes to buying high value items or things that we really do need we invest those decisions with our emotions. We buy into the product, we buy into the brand, we buy into the company and when we’ve made that commitment the sense of betrayal when things go wrong goes far deeper. Rather than quietly putting it down to experience we tell the world of our disappointment.
Studies by US customer experience specialists TARP found that only 4% of customers take the trouble to complain – 96% simply defect. If that is not bad enough, the average disappointed customer tells five others of their disaffection and 20% tell 20. The 20:20 effect doing disproportionate damaging to brand reputation.
Datapoint Katalyst enables enterprises to track customer emotion and its relationship to the effort that customers have to make in transacting with you within its customer experience model, ensuring that enterprises have the opportunity to address any issues that impact negatively on their relationship with you.
It’s good for business to be in touch with your customers emotions.
