The Consumer Patience Study
How Fast is Fast Enough for Today’s Demanding Consumers?
I’ve been investigating speed as a competitive differentiator for more than a decade, digging into the topic in several of my published books.
But this national study of more than 1,900 consumers is my deepest dive yet into the critical correlation between speed and customer satisfaction, loyalty, purchase propensity, and more.
You’ll discover a plethora of fascinating (and sometimes frightening) findings about just how important speed is for today’s customers.
And, you’ll notice sharp contrasts between generations in what they expect from businesses.
Providing this study at no cost is part of my continuing desire to help companies and organizations focus on the highest impact and most meaningful components of customer experience.
Jay Baer
Consumer Patience Study Creator
Business Growth Expert
Hall of Fame Keynote Speaker
The Time to Win book
The new guide to customer experience and business growth
Key Findings
2/3 of customers say SPEED is as important as PRICE
More than anything else, customers hate having to contact a business 2 or more times
Customers do not give business a “pandemic pass” for slowness
More than half of customers have hired the first business to respond, even if they were more expensive
50% of customers are less likely to spend money if a business is slower than they expect
Gen Z is most likely to feel “respected” when a brand responds quickly
Half of all customers will not wait more than 3 minutes in a store
Baby Boomers are the LEAST patient generation. Gen Z is the MOST patient generation