Social media has forced openness and transparency in businesses that was not possible before.
The power has shifted to the customer who can, if dissatisfied with the business, impact the business and brand very publically.
According to new research by Sage 22% of UK consumers would complain to a company using social media when they receive a disappointing customer experience. However, only 40% had received an acknowledgement as a result. Maybe that’s because many businesses simply aren’t listening.
Another survey by Sage reveals that only 6% of business owners monitor social media to gain a better understanding of their customers and although 43% believed that the economic conditions made it more important to go further for customers, only 1% engaged with them through social media by responding to comments and criticism.
What exasperates the situation is of course that even though businesses aren’t listening to their customers, other people are:
- 80% have changed their minds about buying something after they read a negative review
- 87% have been swayed by positive comments to confirm their decision to buy
Any business that is not engaging with its customers in the format that works for them, is in danger of not spotting problems or opportunities.
Short URL & title:
1 in 5 customer complain to companies through social media — http://www.torbenrick.eu/t/r/xvt
Experienced senior executive, both at a strategic and operational level, with strong track record in developing, driving and managing business improvement and development, change management and turn-around. View full profile