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Glossary / Lexicon

What is the customer journey?

02/06/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The "Customer Journey" refers to the overall experience a customer goes through during their interactions with a business, starting from the initial awareness of a product or service to the actual purchase decision and beyond. The Customer Journey is a holistic approach that considers the various touchpoints a customer encounters. Here are typical phases in a Customer Journey:

Awareness:

In this phase, the customer becomes aware of the product or service. This can happen through marketing activities, word of mouth, advertising, or other channels. The goal is to capture the customer's attention and make them aware of the existence of the offering.

Interest:

After becoming aware, the customer begins to explore the product or service further. This may involve reading reviews, seeking additional information, or engaging with other potential customers. Interest is building, and the customer is becoming more curious.

Consideration:

In this phase, the customer actively evaluates the offering. They compare different options, examine features and prices, and establish an informed decision-making basis. Companies can influence the decision-making process during this phase through targeted content and relevant information.

Decision:

The customer makes the actual purchasing decision in this phase. Factors such as customer reviews, price, terms, and the company's reputation play a crucial role. Once the decision is made, the customer proceeds to make the purchase or avail the service.

Post-Purchase Behavior:

The Customer Journey does not end with the purchase. Customers assess their experiences post-purchase and decide whether they are satisfied with the product or service. Positive post-purchase behavior can lead to customer loyalty, recommendations, and future business opportunities.

It is important to emphasize that the Customer Journey is not a linear process. Customers may move between phases, skip phases, or return to previous phases, depending on various influencing factors. Companies use insights from Customer Journey analysis to optimize their marketing and sales strategies and enhance overall customer experience.

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