B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Aging

33%

33% -- customer churn rate after poor customer experience for Luxury Retail (UK) (2024)

2024  · n=2,000  · Ventrica

Poor customer experiences in Luxury Retail could lead to the loss of 33% of customers.

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Attribution: Ventrica View source
Lighthouse Research Team
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Source verified Evidence graded
Value
33%
Unit
Percentage
Data Vintage
2024
Entity
Luxury Retail (UK)
Sample Size
2,000
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Ventrica Primary Tier A
https://www.giftfocus.com/news/30296/research-shows-that-human-experiences-could-unleash-100-more ↗
Confidence: 57/100 Vintage: 2024 Channel: Deep Crawl
Source Article
News: Research shows that human experiences could unleash £100 more...
New research from Ventrica has revealed the revenue benefits for brands that invest in providing emotive customer experiences (CX) that consumers want. The company surveyed over 2,000 UK consumers and found that over the last 12 months, only 4 per cent of positive experiences were delivered by AI an…
Original Research
Ventrica · Original study ↗

Ventrica survey of over 2,000 UK consumers

Methodology documented
Industrysaas
Plain Text
Luxury Retail (UK): 33% customer churn rate after poor customer experience. Source: Ventrica (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/luxury-churn-poor-cx-2024
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<blockquote cite="https://lighthousedata.io/data/luxury-churn-poor-cx-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>33%</strong> -- customer churn rate after poor customer experience for Luxury Retail (UK)<br><small>Source: Ventrica (2024) · <a href="https://lighthousedata.io/data/luxury-churn-poor-cx-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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