Chart of the day: Businesses are either fairly responsive or it simply depends on the channel or situation.
Research by CMO Council has found that 45% of businesses are fairly responsive to customer feedback and customer needs, whilst 36% say it depends on the channel or situation, though they do try to respond quickly. Speed is essential and businesses are focusing on responding as quickly as possible.
The research also found that over 4 in 10 (43%) respond to complaints about marketing within 1 day and most (36%0 intend to make changes within 90 days based on customer feedback.
- Businesses are responding as quickly as they can
- They are trying to make physical changes and marketing campaign changes as quickly as possible but will always be restricted by cost of doing so
- Businesses are actively making changes to their business, products and services based on the customer feedback they receive. Customers will be delighted to know that their feedback is directly being used to make changes.
45% also said that budget is a big restraint for them when attempting to make changes based on feedback.
- Source: CMO Council
- Sample: 15o brand marketers
- Recommended resource: