SAP
SE has announced country-specific
findings of its 2017 SAP Hybris
Consumer Insights Report,
highlighting what makes or breaks a customer relationship for Indian consumers.
The survey of more than 7,000 consumers across the Asia Pacific (APAC) region –
with 1,000 based in India – aims to better understand what customers look for
when engaging with brands.
As consumers globally continue to take control over
their experiences with brands, organizations are taking note. A Forrester survey of Indian business and technology
decision-makers reported that 70 percent consider customer experience (CX) to
be a high or critical priority for their companies1.
With this in mind, SAP Hybris set out to determine the
sentiment of Indian consumers, arming global and local businesses with the
insights needed to best cater to this audience. Survey results show that
Indians are willing to share some information with brands – 92 percent of
Indians compared to 82 percent of additional APAC respondents. More than half
say they will provide their email address (68 percent) as well as their
shopping history and preferences (56 percent).
At the same time, Indians have high expectations for
brands, with 94 percent expecting a response within
24 hours of an inquiry and half wanting brands to
surprise them, keeping the relationship alive. Additionally, 54 percent – the
highest among APAC countries surveyed – expect brands to ensure consistent
promotions both online and in-store.
“There are various factors that can establish customer
loyalty or cause a break-up,” said Nicholas Kontopoulos, Vice President, Fast
Growth Markets Marketing, SAP Hybris. “To best cater to customers and stay
ahead of their demands, organizations must first and foremost understand their
customers so they can engage them in a more personalized fashion.”
It is evident that Indian respondents are willing to
share information, but expect their data is protected while enjoying a
consistent, superior experience. Knowing what keeps customers engaged is
important, but organizations should also recognize the top four reasons Indians
break up with brands:
· User data unknown – 74 percent
· Unresponsive customer service – 73 percent
· Spamming – 59 percent
· Makes mistakes more than twice – 56 percent
Informative blog on SAP
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