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Engage Through Change: A Post-COVID Future

Adapting customer engagement for lasting success

Published: September 21, 2021 Author: Symend Reading time: 6 minutes

Key Takeaways

The COVID-19 pandemic was a catalyst for unprecedented change. As we move into a post-pandemic future, it's clear that many of these changes are permanent. Customer expectations have shifted. Behaviors have evolved. And the companies that thrive will be those that recognize these changes and adapt their engagement strategies accordingly.

The Permanent Shifts in Customer Behavior

The pandemic accelerated trends that were already emerging and created entirely new patterns of behavior. Customers became more comfortable with digital channels, more selective about which companies they do business with, and more vocal about their expectations for how they want to be treated.

In the context of financial relationships, these shifts are particularly pronounced. Customers who experienced financial hardship during the pandemic have different expectations about how companies should respond when they fall behind. They expect empathy, understanding, and flexibility—not just reminders and threats.

The New Standard for Customer Engagement

Pre-pandemic engagement strategies often relied on a transactional approach. Companies communicated with customers primarily when there was something to sell or collect. The relationship was fundamentally one-directional, with companies pushing messages to customers rather than engaging in genuine dialogue.

This approach no longer works. Today's customers expect:

The Role of Technology in Human-Centered Engagement

Meeting these elevated expectations requires sophisticated technology, but technology alone isn't enough. The most successful companies use technology to enable more human, more empathetic engagement at scale.

The Key:

Advanced analytics and AI can help companies understand each customer as an individual—their circumstances, preferences, and likely responses to different approaches. This enables personalized engagement that feels human, even when delivered through digital channels.

Behavioral science provides the framework for this approach. By understanding the psychological factors that influence customer decisions, companies can design interventions that help customers overcome barriers and take action. This might include:

Building Resilience Through Better Relationships

Companies that invest in more empathetic, personalized customer engagement aren't just improving their immediate outcomes—they're building more resilient relationships that weather future challenges better.

When customers feel understood and supported, they're more likely to maintain their relationships with a company even when facing difficulties. They're more forgiving of problems and more receptive to solutions. And they're more likely to become advocates who recommend the company to others.

This has significant long-term value. Customer acquisition costs continue to rise, making retention increasingly important. Companies that excel at engagement have a meaningful competitive advantage in building the loyal customer base that drives sustainable growth.

The Competitive Imperative

As more companies recognize the value of customer-centric engagement, it's becoming a competitive necessity rather than a differentiator. Customers increasingly expect all their service providers to treat them with the empathy and respect that the best companies demonstrate.

This means that companies can't afford to wait. Those that continue to rely on traditional, transactional engagement approaches will find themselves losing customers to competitors who offer better experiences. The time to evolve is now.

Getting Started

Transforming customer engagement doesn't happen overnight, but companies can begin by:

Looking Forward

The post-COVID future presents both challenges and opportunities. Customer expectations are higher, but technology and insights are better than ever. Companies that embrace this moment as an opportunity to transform their engagement approaches will be positioned for lasting success.

At Symend, we're committed to helping companies navigate this transformation. Our platform combines behavioral science, advanced analytics, and AI to enable the kind of personalized, empathetic engagement that today's customers expect. Because we believe that the future belongs to companies that never forget they're serving real people with real needs.

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