Bangkok--8 Jun--IDC
Results from IDC’s Asia/Pacific Advanced Customer Care and Retention (ACCR) 2009 poll of Asia-based companies indicate that although most are reducing or freezing their investments in IT during this economic downturn, 20% of the respondents will still invest in IT solutions that can help them increase earnings. This trend is seen most clearly among larger enterprises and especially in China. Companies that are focusing on growth are significantly more likely to explore the more advanced areas of customer care. Nearly half of the respondents saw the main value of ‘Customer Care’ as being a way to generate revenue, and many are ready to go beyond traditional customer relationship management.
“Companies with growth ambitions despite the current crisis are exploring more advanced options than companies that hope to get through the downturn by cutting costs”, said Claus Mortensen, Principal for IDC Asia/Pacific Emerging Technologies Research Group. “New advanced customer care tools such as customer analytics, customer database management and new web-based tools, are much more on the agenda for these types of companies. They tend to appreciate the value of customer targeting and engagement more than companies with a more reactive approach. These solutions can make a huge difference to how companies position themselves for the future and may be the most important IT investment a company can make in today’s economic climate”.
Despite the impact of the economic downturn, IDC’s poll showed that the top business priority of more than half the companies surveyed was to increase earnings over cost control. In fact, less than 25% said that they were focusing more on cost reduction. At the same time, nine out of 10 companies said they had increased their focus on the customer because of the economic downturn.
In another ACCR survey focusing on what Asian Generation Y consumers expect from their customer care experiences, the respondents indicated that traditional customer care methods are inadequate. When it came to seeking technical support for IT gadgets, 62% said they had gone to someone they knew personally and more than half had sought help on online forums.
“The survey highlighted how important the web has become in how companies connect and engage with consumers”, Claus said. “It also revealed that as many as 20% of young Asians actually prefer to seek help in ways that circumvent the companies they bought their products from. This means that companies will need to be more imaginative in how they engage their customers if they want to maintain relationships with their customers”.
Further insights into what Asian Generation-Y consumers expect from their customer care experiences will be published in IDC’s forthcoming report, Asia/Pacific Advanced Customer Care and Retention (ACCR) Survey 2008 - Reaching Generation Y.
For key findings from IDC's Asia/Pacific ACCR poll conducted with Asia-based companies, please view the webcast presented by Claus Mortensen, Principal, IDC Asia/Pacific Emerging Technologies Research, on Webcast link: http://www.idc.com/AP/Webcast/accr09/player.html
For more information about the research or to purchase the report, please contact Elaine Chia at +65-6228-7758 or [email protected].
For press enquiries, please contact:
Claus Mortensen
Principal, Asia/Pacific Emerging Technologies Research
+852-829-7771
[email protected]
Sasithorn Sae-iao
Marketing Executive
+66-2651-5585 ext.113
[email protected]