+ All Categories
Home > Documents > Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics...

Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics...

Date post: 26-Aug-2020
Category:
Upload: others
View: 0 times
Download: 0 times
Share this document with a friend
25
6/20/2018 1 CX NYC 2018 Michelle Yaiser, Principal Analyst Brendan Miller, Principal Analyst Andrew Hogan, Senior Analyst Going Full Throttle On The Car Buying And Ownership Experience Sponsored by 4Cite 2 © 2018 Forrester Research, Inc. Reproduction Prohibited 2018 Auto CX Index Insights: Experience still matters
Transcript
Page 1: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

1

CX NYC 2018

Michelle Yaiser, Principal Analyst

Brendan Miller, Principal Analyst

Andrew Hogan, Senior Analyst

Going Full Throttle On The Car Buying And Ownership Experience

Sponsored by 4Cite

2© 2018 Forrester Research, Inc. Reproduction Prohibited

2018 Auto CX Index Insights:

Experience still matters

Page 2: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

2

3© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

2018 Auto Manufacturers Loyalty

69%

41%

69%64%

56%

63%

SalesRetention

SalesEnrichment

SalesAdvocacy

ServiceRetention

ServiceEnrichment

ServiceAdvocacy

4© 2018 Forrester Research, Inc. Reproduction Prohibited

CX

Loyalty Brand

Page 3: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

3

5© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

82% will stay

When customers have good sales

experiences…

95% will stay when they have excellent sales experiences

6© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

45% will purchase additional vehicle

When customers have good sales

experiences…

59% will purchase additional vehicle

when they have excellent sales experiences

Page 4: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

4

7© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 39,768 US online consumers (18+) who interacted with a specific retailer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

86% will recommend

When customers have good sales

experiences…

96% will recommend when they have excellent sales experiences

8© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

75% will stay

When customers have good service

experiences…

90% will stay when they have excellent service experiences

Page 5: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

5

9© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

63% will purchase additional services

When customers have good service

experiences…

81% will purchase additional services

when they have excellent service experiences

10© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

73% will recommend

When customers have good service

experiences…

92% will recommend when they have excellent service experiences

Page 6: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

6

11© 2018 Forrester Research, Inc. Reproduction Prohibited

CX

Loyalty Brand

12© 2018 Forrester Research, Inc. Reproduction Prohibited

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

Is a brand that sets itself apart from its

competitors.

I prefer brand over all other brands like it.

I would go out of my way to do business

with brand.

Page 7: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

7

13© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

2.5x more likely to go out of their way to do business with a

brand.

3x more likely to prefer a brand over all other brands.

3.8x more likely to think a brand sets itself apart from

competitors.

Customers who have excellent sales experiences are…

14© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

2.2x more likely to go out of their way to do business with a

brand.

2.8x more likely to prefer a brand over all other brands.

3.8x more likely to think a brand sets itself apart from

competitors.

Customers who have excellent service experiences are…

Page 8: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

8

15© 2018 Forrester Research, Inc. Reproduction Prohibited

CX

Loyalty Brand

16© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

88% will stay - purchase

When customers feel positive about a

brand…

82% will stay – service

Page 9: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

9

17© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

57% will purchase additional vehicle

When customers feel positive about a

brand…

74% will purchase additional services

18© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

89% will recommend – purchase

When customers feel positive about a

brand…

82% will recommend – service

Page 10: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

10

19© 2018 Forrester Research, Inc. Reproduction Prohibited

Which dealership do I choose?

20© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

› Nearly 2/3 start by looking for the dealership closest to

their home (or close to work)

› Had the desired vehicle on the lot

› Past positive experience with the dealership

› Dealership offered a competitive price

› Dealership recommended by a friend/family

member/colleague

How customers select a dealership to purchase from

Page 11: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

11

21© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

“honest salesperson”

“Best customer service”

“Because of the people.”

22© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

“friend recommended”

“Knew someone working there"

“Had the best no haggle price"

Page 12: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

12

23© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

“I went to the dealership closest to my home when I

originally planned to purchase my car. The salesman

was rude and disrespectful and acted like he could

care less if I walked out of there. It was a very

unpleasant experience. I went to another dealership

because I really wanted a particular make and

model. The other dealership was like night and day.

The salesman was extremely helpful and actually got

the car I wanted transferred to his dealership from

the dealership I went to in the first place. Haha!”

24© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

› Over 75% go to the dealership closest to their home (or

close to work)

› Less than ½ service their car where they purchased it

› Past positive experience with the dealership

› “free”, “included”, “required”, “warranty”, and “only”

How customers select a dealership for service

Page 13: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

13

25© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

“Don’t trust closest dealership”

“Other dealership treated me badly”

“didn't want to use the one that was

closer as they screwed me before”

CX NYC 2018

Michelle KapturCustomer Experience Strategy & Marketing Technology Manager, General Motors

Page 14: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

14

CX NYC 2018

Ernie Garcia, IIIPresident, Chief Executive Officer and Chairman, Carvana

29© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 8,258 Purchase and 11,211 Service (16,317 total) US online consumers (18+) who interacted with a specific auto manufacturer within the past 12 months

Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018

“web search”

“saw they had the car I wanted on

their website”

“lots of good online reviews”

“had an easy to understand and

non-janky website”

Page 15: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

15

30© 2018 Forrester Research, Inc. Reproduction Prohibited

The Forrester Automotive Wave:

US Websites, Q2 2018

31© 2018 Forrester Research, Inc. Reproduction Prohibited

› The Forrester Industry Wave is Forrester’s expert review

evaluation of brands (firms) and the digital experiences

they deliver to consumers.

› It consists of both a functionality review and heuristic-

based user experience review

• Remote unmoderated user testing guided our review criteria

› Evaluated brands are plotted on a modified version of

Forrester’s Wave graphic

What Is An Industry Wave?

Page 16: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

16

32© 2018 Forrester Research, Inc. Reproduction ProhibitedSource: The Forrester Automotive Wave™: US Websites, Q2 2018

The X axis

represents UX and

the Y axis

functionality

Auto brands use the

same design firms

and backend

systems resulting in

little differentiation

US Auto Wave Graphic

33© 2018 Forrester Research, Inc. Reproduction Prohibited

Some of our participants were

frustrated

Page 17: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

17

34© 2018 Forrester Research, Inc. Reproduction Prohibited

35© 2018 Forrester Research, Inc. Reproduction Prohibited

Page 18: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

18

36© 2018 Forrester Research, Inc. Reproduction Prohibited

37© 2018 Forrester Research, Inc. Reproduction Prohibited

Page 19: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

19

38© 2018 Forrester Research, Inc. Reproduction Prohibited

Listen to that again

39© 2018 Forrester Research, Inc. Reproduction Prohibited

Page 20: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

20

40© 2018 Forrester Research, Inc. Reproduction Prohibited

1) Difficult to compare

2) Difficult to find a feature

3) Difficult to decipher language

41© 2018 Forrester Research, Inc. Reproduction Prohibited

1) Difficult to compare

Page 21: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

21

42© 2018 Forrester Research, Inc. Reproduction Prohibited

2) Difficult to find a feature

43© 2018 Forrester Research, Inc. Reproduction Prohibited

3) Difficult to decipher language

Page 22: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

22

44© 2018 Forrester Research, Inc. Reproduction Prohibited

3) Difficult to decipher language

45© 2018 Forrester Research, Inc. Reproduction Prohibited

3) A solution to difficult language

Page 23: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

23

46© 2018 Forrester Research, Inc. Reproduction Prohibited

Other bright spots

47© 2018 Forrester Research, Inc. Reproduction Prohibited

1) Cross Selling

Chevrolet

Silverado

1500

shoppers may

be interested

in a Suburban

Page 24: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

24

48© 2018 Forrester Research, Inc. Reproduction Prohibited

2) Nissan Test Drive Dealer

Integration

Most sites

only enabled

the shopper

to fill out a

form to make

a test drive

appointment

49© 2018 Forrester Research, Inc. Reproduction Prohibited

3) Mercedes-Benz Save For Later

Mercedes

shoppers

could save

configured

vehicles in an

account to

review later

Page 25: Going Full Throttle On The Car Buying And Ownership Experience · Source: Forrester Analytics Customer Experience Index Online Survey, US Consumers 2018 “I went to the dealership

6/20/2018

25

Thank youBrendan Miller

@brendan_miller

[email protected]

Andrew Hogan

@ahhogan

[email protected]


Recommended