Published: 17 April 2024
Summary
Product leaders do not see customers the way customers see themselves. This creates blind spots that reduce retention, raise sales costs and reinforce customer regret. Use Gartner’s roadmap to address these blind spots and improve customer relationships.
Included in Full Research
Overview
Key Findings
Providers presume that customer loyalty factors into 77% of purchasing decisions, but customers include provider relationships as a factor in only 24% of their decisions.
Providers see customers making purchase decisions based on financial factors, but customers focus first on the solution because a strong solution drives strong financial results.
Providers believe customers have just enough knowledge to buy their products. Customers, however, want to work with providers that value customer expertise and work with them.
Top-performing providers have a different view of their customers. They understand, incorporate and work with customers in a way that makes them more
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