Nick Quach / July 31, 2019Modern consumers have far greater expectations than they used to when interacting with a business. In fact, on a global scale, 54% of all consumers admit they have higher expectations than they did just a year ago (Microsoft).
They expect companies to understand them so well that the organization can predict what they want before they even ask. Sometimes, before they even know it themselves.
Consumers also want a seamless and outstanding experience across all touchpoints. They want to be able to talk to your marketing department today, and they want your customer service department to know all the details tomorrow, so they don’t have to explain everything all over again.
For example, 72% of consumers say that when getting in touch with customer service, they expect the person on the other end to know who they are, what they’ve bought, and have knowledge regarding their previous interactions with the company (Microsoft).
A customer web portal is one tool you can use to offer consumers the outstanding digital experience they expect.
Firstly, 96% of consumers across the globe state that their brand loyalty is highly dependent on customer service (Microsoft). In fact, it’s the most influential factor for consumers in determining how much they trust a business (Dimension Research).
Furthermore, U.S. consumers are willing to pay 17% more to work with a company that has a great reputation in terms of customer service (American Express).
Dimensional Research also reveals that 52% of consumers have made an additional unplanned purchase from a company after having a good customer service experience.
In other words, offering great customer service is essential, especially since it clearly increases customer loyalty and retention. This can lead to a significant increase in profitability. According to Bain, a mere 5% rise in customer retention rates can result in 25% higher profits.
A customer web portal is essential to delivering great customer service. In fact, 89% of U.S. consumers expect companies to have a customer web portal. Furthermore, 75% of consumers say self-service is convenient, while 67% say they prefer this option to speaking to an agent.
However, to gain the benefits a customer web portal can provide, it has to be done right. For a portal to be great, it must have the following elements:
A great customer web portal must be able to scale with the size of your business. The last thing you need is to shift to a new platform because your current one simply can’t handle a higher workload.
Furthermore, your platform must be adaptable. Not only should it adapt to your business needs, but it must also be flexible enough for you to adapt it to your customers’ needs.
The portal must also be flexible in terms of access. Today, everyone is on the move constantly, which means that you can’t tie people down to one form of access – this refers to employees as much as consumers. Thus, your portal must perform the same on any and all devices people might use to access it.
As previously shown, consumers prefer solving problems on their own and would much rather use a self-service portal than speaking to a live agent. By providing these services, you will immediately create a far better experience.
If you are using your customer web portal to educate customers, you must make it as easy as possible for them to access the information they need.
Thus, you need an effective search tool. The best option would be a search engine that indexes all online content, and not just the content you provide via the portal. This way, customers can search the whole internet to find the answer they need via your portal.
Providing customers with a system that enables them to interact with other customers is a great way to expand your portal with vital information, while also creating a valuable community.
By building a community, you will increase customer retention because you will not only be forging a powerful relationship between your customers and your brand, but between other customers too.
Furthermore, nothing builds loyalty quite like making someone feel as if they are a contributing member of a community.
Protecting the personal information of your customers is vital. If customers don’t feel safe, they’ll turn to your competition. So, investing in robust security features should be at the top of your priority list.
After all, it only takes on successful data breach to ruin a reputation and result in millions upon millions in lost revenue.
The main reason for a customer web portal is to provide customers with a great experience. However, an experience is subjective and – as we’ve already seen – customer expectations are constantly evolving. What they might consider a great experience today might only be a mediocre one tomorrow.
In other words, you need to be constantly working to improve the customer experience to ensure that you’re exceeding customer expectations.
A platform that provides you with the information you need to constantly improve and deliver that great experience is essential.
When building your customer web portal, you have to design it (or buy a solution) with your customer in mind. It must have features that improve the experience for your customer, which is what you should be focusing on.
A great customer web portal will have lots of different elements, but the most important will always be those that improve the customer experience. As long as you build your customer portal for the customer, it will be a success and you will be able to reap all the outstanding benefits of great customer service.
What Enterprises Need to Know About the Power of Portals and Open Source De...
