2023 CX Trends your Business Can't Ignore

The customer experience (CX) has become the critical differentiator in the business world. To keep up with the competition, businesses must focus on delivering excellent CX. This means implementing new technologies and strategies to improve CX, such as chatbots, AI, and more personalized customer service. Make sure your business is ready for the CX trends of 2023!

What are the CX trends for 2023?

CX is even more important to brands than before. Customers will expect more personalized experiences, and brands that don't deliver will lose out to their competitors. Here are some of the CX trends in 2023:

7 touch points

  1. AI Growth

  2. Videos reach beyond influencer

  3. AR enriched experiences

  4. Omnichannel crosses platform boundaries

  5. Personalized service goes hybrid

  6. More self-service options

  7. Transparency is essential

 

The buzz surrounding AI is continuing to grow. 

In the next few years, virtual customer assistants will become increasingly popular. They are a great way to provide customer support and improve the customer experience.

Virtual customer assistants software can now mimic natural human conversation and help customers with ordering, returning, and answering product questions. They are also a great way to collect customer feedback.

These types of virtual assistants can be used on websites, mobile apps, and social media platforms. 

We're already seeing companies use AI and machine learning to improve CX in many ways. For example, online retailers use machine learning algorithms to recommend products based on customer preferences. And some chatbots are now powered by AI, which enables them to understand natural language and carry on human-like conversations. AI can help you resolve issues faster by providing relevant information and recommendations.

Source: Canva.com

AI generated content will help communication of all kinds of blogs, reports, and marketing. Savvy managers will start to use these tools to increase their communication output, keep messages fit-for-purpose, and increase the value proposition to unique audiences. While AI is powerful, managers will ensure that the human touch is used to keep connections real.

But a word of warning. AI is still in its infancy. While the use of this technology is exploding, there is also a growing concern that we are not ready for the impact and spread of AI-generated content. In fact, ChatGPT FAQ website gives this this answer which feels like a warning.

Can I trust that the AI is telling me the truth?

ChatGPT is not connected to the internet, and it can occasionally produce incorrect answers. It has limited knowledge of world and events after 2021 and may also occasionally produce harmful instructions or biased content.

ChatGPT FAQ

As these technologies continue to evolve, we expect to see more innovative uses of AI and machine learning in CX. AI developments around understanding and mirroring human emotion will enable greater customer connection. Doing so creates a more personalized experience for their customers, boosts efficiency, and improves customer satisfaction rates.

Video Increases its Reach. 

In today's competitive marketplace, businesses must find new and innovative ways to reach and engage their target audiences. One of the most effective ways to do this is through video marketing. Video marketing involves creating high-quality videos that showcase your product or service in an engaging and informative way. When used correctly, video marketing can be an incredibly powerful tool for boosting the customer experience.

There are several different ways that businesses can use video marketing. For example, companies can use video tours to give customers a virtual tour of their facilities. This is an excellent way to give customers a sense of your Business without them having to visit your premises physically. We saw this concept explode in 2020, and it continues to grow.

Additionally, companies, especially those with digital products, produce and publish more of their own explainer videos to provide customers with concise and information-rich instructional videos and product demos. While content creators started this trend, businesses are taking back ownership of the 'how-to' genre to provide expert advice and boost sales. 

Finally, companies are going beyond the influencer trend to develop a relationship directly with customers. Using their own platforms, these companies are expanding promotion of user-made testimonial videos to showcase positive customer feedback and reviews. Customers expect to see video content with real people to set expectations and understand exactly what they are buying.

When used correctly, video marketing can be an immensely powerful tool for enhancing customers' experiences. If you're looking for a way to take your customer experience strategy to the next level, consider incorporating video marketing into your plans. Your video strategy should include a mix of long and short content on multiple channels since Customers expect to see your brand content on their go-to sites.

Augmented Reality enriched experiences.

Augmented reality (AR) is finally beginning to reach the mass market. This technology allows users to interact with superimposed digital content in the real world. This can be done through various means, including smartphones, tablets, and special glasses or headsets.

AR has already begun to play a role in CX, with businesses using it to create immersive customer experiences. For example, one restaurant chain has developed an AR app to let customers see what their food will look like before they order it. This experience can be beneficial for businesses that offer complex or unusual products.

As AR technology becomes more widespread and affordable, we can expect to see even more businesses incorporating it into their CX strategies. AR has the potential to create truly unique and memorable customer experiences, and companies that fail to adopt it may find themselves at a disadvantage.

Omnichannel crosses platform boundaries.

We expect the omnichannel experience, but now with Apple and Android creating device alignment. You can move between devices and platforms, and customers now configure how many devices will get notifications. But it also means that product search and buying behavior will continue to cross not just devices but sources such as video links, Amazon push content, and niche apps such as news, personal health, and Business. This trend means that content updates and synchronicity of multiple, continuous logins will improve. Companies now have a benchmark to provide a seamless customer experience across all touchpoints. These experiences include everything from the customer's initial contact with the brand, to the purchase process, to after-sales service.

One reason for this shift is the growing importance of mobile devices. With so many customers using smartphones and tablets to interact with brands, companies must provide a consistent experience across all channels. Customers expect to be able to shop online, get help via chat, and track their order status all through one interface.

Another factor driving the focus on omnichannel CX is the rise of social media. Customers are more likely than ever to share their experiences with brands online. Negative reviews can significantly impact a company's reputation, so businesses must do everything possible to provide a great customer experience.

Personalized experiences go hybrid.

The 2021 trend for Customer hyper-personalization will continue in 2023. But the focus will be on Big Data Analytics enablement. 75% of customers buy from businesses aware of their name and personal purchase history. Customers respond to suggestions based on their prior purchases and expect curated content to improve their buying experience. Marketers have a better time making judgments based on customer characteristics. Email marketing and e-commerce sites are the most frequent examples today, a trend that will continue. Customers who bought jeans at a clothing store want to push and pull assistance to complete their ensemble.

Customer Journeys and Big Data will be more important in providing insight into the current state of a customer's lifestyle. Examples of this trend are found in fashion: companies now focus on knowing each customer's current wardrobe, no matter the buying source, which will enable improved push messaging with easier-to-execute buying options.

Businesses must focus on creating more seamless experiences across channels, including blending live and online experiences. A growing trend to accommodate hybrid interaction will be driven by customer demand.

Finally, companies will need to focus on creating experiences that are not just convenient but also enjoyable and engaging. This will require thinking outside the traditional customer service box to create truly unique and memorable experiences.

Customers want more self-service options.

Self-service options have been rising in customer experience for a few years now. And it is expected to continue in 2023, with more and more companies offering self-service tools and features.

There are several reasons for this trend:

-Self-service options are convenient for customers. They can quickly get what they need without waiting for someone else to help them.

-Self-service is often more efficient than traditional customer service channels. Customers can get their questions answered quickly without going through a long process.

-Companies can save money with automated efficiencies. The Impact? Hiring fewer customer service representatives and support staff can allow companies to be leaner, improving profitability.

All these factors contribute to the growing popularity of self-service options in customer experience. In the coming years, we expect even more businesses to offer these features to their customers.

Transparency is essential.

Transparency has been a long-time customer experience trend. A transparent approach to marketing, pricing, and corporate practices is needed to develop trust between customers and businesses. Companies must be clear about how they do business, how they use customer information, and how they treat the environment and their employees.  As an example facial recognition now existing is virtual all smart devices, however, several states in the USA currently are restricting or banning certain uses of the technology.

Data Protection and Electronic Data Protection GDPR are European regulations that are becoming standard worldwide. Cross-border data protection is a continued basic hygiene for every company in North America, Europe, and most of Asia. 

Transparency in hiring practices, production, and environmental practices has long been an issue for companies. In 2023 presenting messages and data to back messages up will be crucial for business marketing. Customers expect honest information that reflects the company's principles.

In 2022, we saw increased customers and employees speaking truth to power and expecting more from the companies they work for and buy from.

Conclusion

CX trends will continue to evolve based on the market and the world's consumer culture growth. The stagnation and market declines seen in 2022 will require companies to become more digital, responsive, and customer-centric if they want to survive. Check this link if you want to check my predictions for CX in 2022. Do you agree with the 2023 projections? Let me know if the comments below.

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