Why Great Customer Experience Is Disrupting E-Commerce Competition
When McKinsey published their insights into how Covid has changed consumer behavior they noted that the adoption of digital tools and channels has rocketed. Their exact comment was that we have “covered a decade in days in the adoption of digital.” A decade in days. Think what that means for the digital evolution of CX.
Every company has seen a different growth path through the Covid pandemic, but as the McKinsey comment suggests, e-commerce has enjoyed a great deal of attention. Where traditional retailers struggled to handle lockdowns and stay-at-home orders, e-commerce stepped in to ensure that customers could still go shopping – even if it was digital-only for many months.
Many commentators believe that this change will be sticky. Instagram is repositioning to focus on creators, videos, messaging, and shopping, rather than photo-sharing. E-commerce has not only boomed during the pandemic, but many retailers – and other companies using e-commerce channels – are now making this a strategic focus.
As more and more companies turn to e-commerce, the experience customers have with these brands is becoming a key differentiator. Great CX has the potential to disrupt and change how e-commerce competition functions.
There are a number of key topics that showcase the importance of CX when building and growing e-commerce platforms and solutions:
- The State of E-commerce: where is today and where is it going?
- CX is the Differentiator: how do companies stand out with superior CX?
- Designing Modern CX: what approaches do companies need to take to design better customer support and engagement experiences?
- The New Brand Relationship: what are some examples of brands building closer relationships with consumers?
- Transformational Technologies: how are conversational commerce technologies among others changing customer experience operations?
These five topics are critical for all executives planning post-pandemic e-commerce CX. Customers have already moved on from 2019. It’s not an option to return to the service levels and quality of the pre-pandemic era. CX is disrupting e-commerce right now.
By: Isabella Mongalo, Director of CX Strategy at Transcom