Building Customer Loyalty in the GDPR Era

Building Customer Loyalty in the GDPR Era

Customer relationships are precious. They can take years to build but can be lost in seconds due a

Published By - WisdomPlexus

Customer relationships are precious. They can take years to build but can be lost in seconds due a breach of customer data or a frustrating user experience. With new regulations like the EU’s General Data Protection (GDPR) ushering in a new era of increased data privacy, how can progressive digital organizations continue to strengthen customer relationships and build brand loyalty?

Whether you’re managing the customer experience, marketing or digital operations, the single most pressing issue for you today is understanding your customer and their journey. The problem is that the modern customer journey is a complex web of interactions – cross-channel, cross-device, at any time, in any place. And of course, customers increasingly expect their interactions to be seamless, joined-up and personalised. The reality is that organisations rarely have the structures, processes and technologies in place to deliver this kind of experience – or the single customer view that provides the platform for omnichannel service.

The result is a frustrated customer. And the concern is that unless this relationship can be nurtured, and trust developed, the customer will never willingly share the vital personal data that can support greater personalisation and better interactions, and ultimately foster a single customer view – for the benefit of both company and consumer.

MyCustomer, in association with ForgeRock, polled 1,000 digital consumers in the U.K. to explore the connection between customer experience, trust, and personal data sharing. The report found:

  • Consumers demand seamless, personalized, omnichannel experiences
  • Customers want to manage how their personal data is shared and used
  • Trust is a critical factor when making data sharing decisions
  • GDPR is an opportunity to empower customers with control over their data
  • Identity relationship management is critical to improving customer experience and privacy

As organizations compete to deliver secure, trusted customer experiences that are informed by personal data, managing customer identities and their relationships is key. Download the report to learn more.

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