• Customers turning their backs on businesses with bad tech

        • New research among more than 2,000 UK adults, commissioned by Studio Graphene, has revealed just how important good online and mobile technologies are to business success. 

          The survey examined how discerning the public is when deciding which companies to spend money with. It found that 59 per cent of respondents will leave a business’ website within just 30 seconds if it is ugly or hard to navigate.

          The study also showed that, in the past five years, a quarter (24%) of consumers have switched loyalty from one company to a competitor whose technology – website, app and payment system – delivers a better customer experience. The figure jumps to 41 per cent among those aged between 18 and 34.

          Ritam Gandhi, Founder and Director, Studio Graphene said, “it might not shock many business leaders to learn that tech is fundamental to success. However, today’s research provides some really interesting insights into just how small the window is for companies to win over consumers – within half a minute a potential customer will make their mind up about whether or not to spend money with a business, so digital solutions must both look great but also be informative, responsive and easy-to-use.
           
          “There is no right or wrong way to build a website or an app; it will all depend on the business and its clients. But one thing is clear: any company that does not prioritise its tech risks losing out to competitors that offer a slicker online or mobile experience to customers.” 

          Key Findings:

          • 59% of UK adults – 30.54 million people – said they will leave a business’ website within just 30 seconds if it is ugly or hard to navigate
          • 24% of consumers also said that in the past five years they have switched loyalty from one company to a competitor whose technology delivers a better customer experience
          • The figure jumps to 41% among those aged between 18 and 34
          • 52% of people say they always research a business online before deciding to spend money with them
          • Furthermore, 47% stated that a good website or app is key for them to trust a particular brand
          • Elsewhere, 65% of UK consumers said that they were happy with the introduction of GDPR, which made them realise how many businesses had their details and how few they wanted to hear from
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