For Customer Experience Professionals (Length: 13 pages)
This is a Consumer Technographics document

May 28, 2009

How Customer Experience Drives Word Of Mouth

Consumers Talk To More People About Their Bad Experiences

by Bruce D. Temkin, William Chu

with Angela Beckers


Executive Summary (This is a document excerpt)

Forrester asked more than 4,500 consumers how often they talk about experiences with companies in 12 industries. It turns out that more consumers talk about good experiences than bad experiences with eight of the industries. Retailers and banks have the most consumers saying good things about them, and TV service providers have the most consumers saying bad things. While more consumers are sharing positive feelings, consumers tell more people about a bad experience than they tell about a good experience. This negative bias is worst for airlines. As it turns out, Gen Xers and Older Boomers share news about a negative experience most frequently.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemMore Consumers Talk About Good Experiences

itemGen Yers Are Most Likely To Discuss An Experience

itemConsumers Discuss Bad Experiences With More People

itemGen Yers And Gen Xers Discuss Experiences With The Most People

What It Means

itemKeep Word Of Mouth Top Of Mind

As part of an online survey in Q4 2008, Forrester asked 4,564 US consumers about their relationships with airlines, banks, cell phone service providers, credit card providers, hotels, insurance firms, Internet service providers, investment firms, medical insurance companies, PC manufacturers, retailers, and TV service providers.

Related Research Documents

itemCustomer Experience Correlates To Loyalty

February 17, 2009

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Analyst: Bruce D. Temkin
Technology: Broadband & Remote Access, Customer Experience, Customer Experience Management, Mobile Services, Telecommunications Services
Industry: Airlines, Consumer Electronics, Consumer Technology, Financial Services, Health Plans, Healthcare & Life Sciences, Hotels & Lodging, Insurance, Investments, Media & Entertainment, Retail, Retail Banking, Retail Credit, Television, Travel
Geography: North America

Archived Teleconference:
Service Versus Low Prices: The Battle For Loyalty
Original air date: Friday, October 16, 2009
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