fbpx

As Big Retail drops the ball on CX, opportunity is ripe for SMBs in 2023

by | Jan 10, 2023 | Marketing, Public Relations

Consumers’ loyalties certainly aren’t etched in stone as we enter the new year—in fact, only 12 percent of respondents to a new survey from marketing automation firm ActiveCampaign said big-box retailers exceed their overall customer experience expectations, signaling ample opportunity for small and midsize businesses (SMBs) to swoop in and gain their loyalty.

And yet while there is opportunity, challenges still remain: 76 percent of consumers said big-box retailers are better than SMBs at solving their customer experience problems, and 71 percent said big-box retailers are better at responding to them in a timely manner. While many growing businesses are trying their hand at TikTok virality, NFTs and the metaverse, this data proves flashy tactics aren’t the answer to improving the customer experience at scale.

As small businesses prepare for 2023, their top customer experience priorities should be problem-solving and response times.

As Big Retail drops the ball on CX, opportunity is ripe for SMBs in 2023

SMBs can gain more market share in 2023 by focusing on the customer experience. If SMBs fail to provide fast customer service in 2023, they are going to fall behind.

Here are the firm’s top 3 small business tips to improve customer experience and beat large retailers in 2023:

Automate your CRM

When businesses incorporate automation into their sales process, they will close far more deals, without any extra effort or manually managing time-consuming processes. One key reason their automation will be so much more effective is because the CRM is so personalized, using each prospect’s behavior to trigger the right next message—all the way to closing the deal.

“Every small business has its own unique products and services. Therefore, every small business should have its own unique customer experience as well,” said Jason VandeBoom, founder and CEO of ActiveCampaign, in a news release. “Loyal customers are going to expect fast response times and 1:1 customer service. As businesses scale, it gets harder to maintain those 1:1 experiences. To do so, they will need to automate routine tasks, including their CRM and email marketing. By implementing automation where this technology shines, humans can focus on talking and listening to their customers.”

Save time and focus more on customers

Nearly half of businesses using automation report that they now spend more time talking to customers because of time saved. Small businesses, especially, rely on automation to combat the tight bandwidth of a small team and limited resources. That’s why the general population shouldn’t be fearful of automation taking over jobs, but optimistic about the better experiences and balance it provides.

Get more out of your transactional message

With an automation service, businesses can send transactional emails such as confirmation orders, password resets and shipping notifications that are branded and provide information that goes beyond that one automated message. Additionally, transactional communication allows consumers to respond to the brand’s messages, whereas most of the time they are sent from noreply@brand.com. All of these features enable businesses to solve customer problems and get back to them faster.

Daily PR Updates

Essential PR industry news, opinion, and analysis delivered to your inbox daily.

Richard Carufel
Richard Carufel is editor of Bulldog Reporter and the Daily ’Dog, one of the web’s leading sources of PR and marketing communications news and opinions. He has been reporting on the PR and communications industry for over 12 years, and has interviewed hundreds of journalists and PR industry leaders. Reach him at richardc@bulldogreporter.com; @BulldogReporter

RECENT ARTICLES

Media relationships: 3 simple rules for connecting with journalists

Media relationships: 3 simple rules for connecting with journalists

Imagine for a moment what reporters are tasked with daily—the endless pressure of new deadlines, sourcing stories, scheduling interviews and quickly turning around multiple stories. If that’s not enough, journalists can receive nearly 100 PR pitches each day, most of...