
Like it or not, business people need to understand changes in digital consumer behavior. And if this interaction is not smooth, then your customers will easily go elsewhere, based on existing data:
- 57% of users will abandon a mobile app that takes more than 3 seconds to load, from a study by Google
- 86% of users delete underperforming apps, according to a Kleiner Perkins study
- 28% will switch to a competitor if the app is slow (Kleiner Perkins)
Even if your business does not directly compete with technology giants like Google, Facebook or Uber, your business will be compared to them from a user experience perspective.
This means your business must be ready to serve or be available to customers 24/7—anytime, anywhere, and on any digital device.
Digital platforms give businesses the power to personalize and strengthen connections with customers through new offerings and services. For a business, the goal is not only to provide the best user experience, but also to collect #data that, when combined with the right analytics tools, can provide insights to improve the user experience in new and innovative ways.
Currently the world is entering the stage of industrial revolution 4.0, where digital technology and the internet are not just instruments that help humans carry out complicated or complex tasks, but technology also brings about revolutionary changes in the thinking and behavior patterns of consumers interacting, communicating and making transactions. Consumer culture and habits are also changing socially.
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