what is cx

What is CX?

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What is CX? It stands for Customer Experience.

It’s what your customers go through when buying from or working with you.

. . .How you make them feel.

. . .How your products or services help them.

. . .And how you follow up afterwards.

CX even encompasses your customer’s experience when seeing, hearing, or interacting with your marketing – such as online ads, brand reviews, or viewing your website.

You want your customers to buy from you, but you also want them to trust, respect, and support you. The way to do that is through great management of your CX.

So let’s break down what CX really is and where it happens.

The Four Segments of CX

Customer experience can largely be broken up into four main parts: consideration, investigation, buying and aftercare. These components are closely connected to your branding and marketing message, as well as customer support.

Consideration

Your customer is thinking about buying and begins thinking about a shortlist of candidates. Your marketing, branding and positioning will help you to get onto this shortlist.

Investigation

Your customer is now researching the market to find the best option for them. Some brands that were not initially on the list may be discovered in this stage.

Buying

Your customer is choosing to buy through you. Your pricing, payment gateway, and delivery of services will all influence their experience.

Aftercare

Your customer is enjoying their new product/service. How you follow up and nurture this past customer will affect their experience, too.

What you need to know about CX

Your customer experience is vital to your business. You aren’t here to just sell stuff, you’re here to totally wow! your audience. This is how you gain repeat clients. By delivering more than just great products and services, you’re actively inviting these customers to come back to you.

If you’ve ever had a crappy customer experience, raise your hand. Now keep your hand up if you’d willingly go back to that store, restaurant, website or brand. I don’t see many hands.

Customers love a good experience. In fact, up to 86% of buyers are willing to pay more for a great experience and pay between 13-18% price premium for luxury or indulgent services.

CX is a win-win. Your customer feels seen, heard and pampered, while your business gains reputation, repeat customers, and the ability to charge a premium for VIP services.

How to get started creating a positive CX for your customers

There are a few simple things you can set up to begin creating a wonderful CX for your customers. Things like a mailing list with a discount coupon, a VIP membership, or personalised thank you notes inside their orders are all useful for cultivating CX.

But it goes deeper than that.

Think about it from your customer’s perspective:

What would you really want out of being a VIP in that group? What would make the experience so good you can’t stop telling your friends and family about this place?

That is the kind of CX your business needs. And that’s exactly what I teach you to do in my CX audit course.

Related Article:  Is automation ruining your customer experience?

Ready to dive deeper into CX Management?

Come join me and learn how to turn ordinary customers into your biggest fans.

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