The COVID-19 pandemic has changed the way brands and consumers interact, while altering expectations on both ends. Companies that want to survive this shift will need to rely on intelligence from consumer conversations to adapt to the new normal. Here’s an overview of the emerging conversation trends you must take into account.
Download the reportThe COVID-19 pandemic has changed the way brands and consumers interact, while altering expectations on both ends. Companies that want to survive this shift will need to rely on intelligence from consumer conversations to adapt to the new normal. Here’s an overview of the emerging conversation trends you must take into account.
1
82% of respondents to our State of Conversation survey reported changes in the importance of consumer & market intelligence for their brand since the start of the pandemic. While COVID-19 has boosted digital interactions, consumers have been looking for more human contact & support in their brand experiences, and real-time consumer research has proved essential for brands to keep up.
2
It’s a paradox: the majority of our State of Conversation survey respondents reported that brand, market and consumer intelligence were very important to their organization - yet most of them ranked the data maturity of their brand lower on a 1 to 10 scale.
Yet digital transformation and technologies like artificial intelligence and machine learning will be key in 2021 to make sense of negative and positive conversations about your brand, your competitors or your industry at scale, forcing CMOs to look at more efficient processes & workflows, such as a unified platform to monitor all channels.
3
With 50% of respondents confirming that access to insights from consumer conversations is limited to a specific department within their organization, there is clearly still some way to go in terms of data democratization.
It is time for organizations to break down their information silos, and let customer and consumer intelligence flow from all channels: social media, reviews, market research, live chat transcripts... - so that teams can access new trends in real time, optimize their marketing efforts, and create truly customer-centric experiences.
4
Customer, customer, customer… You’ve seen that word in each and every trend presented in this blog, and we’ve seen it in all the comments on the topic collected from our expert networks when creating this report. Brands want to hear the customer voice, which explains why we’ve seen customer reviews and call center data most frequently cited in the top 5 conversation channels for brands.
5
Social listening is only the beginning of the equation, if you’re looking to predict consumer trends and create innovative experiences for your customers.
Data-driven brands are now looking at much more than social media trends: they analyze conversations at scale on a single platform, no matter where they happen: product review sites, forums, call centers, traditional market research… to extract what we call conversational intelligence.
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