A company’s digital experience maturity refers to its level of sophistication in measuring and delivering digital customer experiences on its websites and apps. It is comprised of two things:
Taken together, these two things represent a brand’s digital experience maturity. And they feed each other: the more visibility brands get into digital experiences, the more they can align their business around the insights that matter. And, if visibility feeds business alignment, then alignment feeds greater investments into initiatives that grant more visibility.
Customer expectations online have risen to the point where 89% of customers stop doing business with a brand after a bad experience. As a result, committing to a digital transformation project that improves customer experiences has never been a higher priority for businesses.
Indeed, increasing digital experience maturity enables a company to get the most value out of its technology stack, save resource by breaking down departmental silos, change the perception of stakeholders when it comes to customer data, base decisions on customer sentiment – and consequently deliver fantastic digital customer experiences to improve its bottom line.
By going beyond conversion rate optimization, forward-thinking companies harness the power of digital experience optimization – making use of both quantitative user data and qualitative user data – to place customers at the heart of all they do, increasing both conversions and customer lifetime value on their websites and apps.
Companies that don’t acknowledge the importance of customer experience online, meanwhile, face being left behind.