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Forrester's B2C Marketing & Customer Experience Predictions 2025: Price Sensitivity Will Lead To A 25% Decline In Brand Loyalty

2024/10/23 10:15:35

SINGAPORE, Oct. 23, 2024 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) 2025 B2C marketing and customer experience (CX) predictions, rising prices will prompt brand loyalty to decline by 25% in 2025. But while brand loyalty falters, loyalty programs will gain in popularity as consumers look for brands that provide value and give them a reprieve from indiscriminate price shopping.

Forrester's B2C marketing and CX predictions analyze the dynamics and emerging trends to watch for in the year ahead. These insights help leaders and their teams prepare for future challenges and take advantage of new opportunities to thrive in 2025. Topics include: B2C marketing; customer experience; consumer; media and advertising; and marketing agencies.

Highlights from Forrester's 2025 B2C marketing and customer experience predictions include the following:

  • Investment to unify data for the loyalty and marketing tech stacks will triple. Currently, 78% of US B2C marketing executives concede that their marketing and loyalty technologies are siloed. In 2025, leaders will merge loyalty and marketing technology stacks to increase efficiency and meet consumers' need for continuity across customer experiences.

  • Generative AI will displace 100,000 frontline agents from the top global contact center outsourcers. An average of 62% of contact centers in consumer-facing industries are outsourced. With genAI poised to automate low-complexity issues, the demand for human agents will decline.

  • TikTok will not get banned or divest in the US. Despite pressure from the US government to divest TikTok from ByteDance, the platform will stick around in 2025. Leaders should keep investing in the high-performing media channel.

"Given genAI's potential to transform marketing and customer experience, many brands eagerly experimented with the technology in 2024," said Sharyn Leaver, chief research officer at Forrester, "but it soon became clear that this transformation is a long game. In 2025, B2C marketing, digital, and CX leaders must build on lessons learned from this experimentation and focus on improving their data infrastructure to gain better customer insights."

Resources:

  • Download Forrester's 2025 Predictions guides for B2C marketing and customer experience leaders, B2B marketing and sales leaders, and technology and security leaders.

  • Register to attend Forrester's webinar covering key B2C marketing and customer experience predictions for the coming year.

  • Learn more about Forrester's 2025 predictions.

  • Visit Forrester's 2025 Predictions hub to access additional complimentary resources.

About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use customer obsession to accelerate growth. Through Forrester's proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave™ evaluations; and the shared wisdom of our clients.

Renaissance Shanghai Yu Garden Hotel

No.159 He'nan South Road,Huangpu District,Shanghai,Shanghai