Customer experience (CX) has become a key differentiator among businesses — and that’s across all industries. With fierce competition and disruptive startups, your business needs to give customers a reason to make your brand their first choice… and foster loyalty so they come back, too.

But how important is customer experience, exactly? To understand the impact it has on your bottom line, you have to understand what customers think. This infographic shows a few statistics that shed light on why customer experience matters now — more than ever.

Customer experience (CX) has a huge influence on the way customers perceive your brand. But what exactly makes up customer experience?

Well, it’s not just one thing. It’s formed by every customer touchpoint: how consumers discover your business, how your website looks and functions, the shopping experience (either online or in-store), the purchase and payment process, how and when your product is delivered, customer service interactions, product usage and performance and post-purchase communication. All of these steps along the customer journey impact your customers’ perception of your brand — and ultimately determine if they come back or not.