DigitalCIO
No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
Digitalcio
No Result
View All Result
Home Artificial Intelligence

Salesforce Study: 72% Of Consumers Trust Companies Less Than They Did A Year Ago

DigitalCIO Bureau by DigitalCIO Bureau
November 9, 2024
in Artificial Intelligence, Tech News
0
Qure Secures 22 Patents in 18 Months
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Salesforce’s latest State of the AI Connected Customer research reveals consumer trust in companies is at a record low and that AI is raising the stakes for brands. Today, 60% of consumers believe that advances in AI make trust even more important. And with AI agents on the rise, the findings point to real opportunities for companies to win back consumers with trustworthy AI agents this holiday season. This opportunity is greatest with Generation Z, with almost a third of Gen Z consumers saying they’d be comfortable having an agent shop for them.

Faced with a challenging holiday shopping season and sinking consumer trust, brands can’t afford to get AI wrong – especially as more than $200 billion in global online sales will be influenced by AI this holiday season. AI agents, or intelligent software that understands and responds to customer inquiries without human intervention, can help companies drive higher margins and keep consumers buying by delivering incredible customer service. From alleviating clunky purchase experiences to difficult return processes, there’s an agent for that. But to build trusted customer relationships, brands need trusted AI agents that are grounded in transparency and the right data.

Key findings of the AI Connected Customer research include:

Consumers trust less, expect more 

Consumer trust is at its lowest point in recent years, and advances in AI make earning that trust more critical than ever.

  • Nearly three-quarters (72%) of consumers trust companies less than they did a year ago.
  • 65% feel companies are reckless with customer data.

It’s not just about trust; consumers also expect best-in-class experiences.

  • 69% of consumers expect consistent interactions across departments.
  • Nearly 60% of consumers prefer using fewer touchpoints to get information or complete a task.

While better deals are a top driver for consumers to switch to a new brand, customer service experience, convenience, and consistent product or service quality drive more long-term brand loyalty.

  • 43% of consumers say poor customer service experience will stop them from making a repeat purchase from a company or brand.
  • More than a third of consumers say that inconvenience, such as a difficult return process or clunky purchase experience, will cause brands to lose them.

Younger consumers are most open to AI agents

The research shows Gen Z and millennials are more willing than older generations to use AI agents to improve their customer experience.

Younger generations, in particular, hold companies to a higher standard when it comes to adapting to and anticipating their needs – 43% of Gen Z and millennials say AI raises the bar for customer experiences compared to just 32% of baby boomers.

Gen Z and millennial consumers are also more likely than older generations to consider the benefits provided by agents.

Transparency is key to building consumer confidence in the AI agent era

Despite the promise of young shoppers, many consumers haven’t made up their minds on AI yet. Nearly half of consumers are neutral about AI’s impact on their lives, whether personal or professional.

In fact, many consumers feel a mix of suspicion (44%) and curiosity (41%) about the future of AI — revealing a ripe opportunity for companies to help consumers see and understand the benefits of AI agents.

  • Over a third of consumers would work with an AI agent instead of a person to avoid repeating themselves.
  • 30% of consumers – even more among Gen Z and millennials (37%) – would work with an AI agent instead of a person for faster service.
  • A quarter of consumers — even more among Gen Z and millennials (roughly one-third) – would share their personal information with an AI agent so it can better anticipate their needs.

To build confidence in the agent experience, businesses need to bridge the trust gap through more transparency.

  • Nearly 75% of consumers want to know if they’re communicating with an AI agent.
  • 45% are more likely to use an AI agent if there’s a clear escalation path.
  • 44% are more likely to use an AI agent if its logic is clearly explained.

“Retailers face a much more competitive shopping season this year, as they look to deliver higher margins in the midst of increasing customer demands. AI agents can help brands deliver consistent, personalized experiences for shoppers across every channel – deepening customer loyalty and ultimately driving more sales.” – Michael Affronti, SVP and general manager of Commerce Cloud, Salesforce

“Since introducing Agentforce at Saks, we are beginning to see the real potential for its autonomous AI agents to augment our teams’ ability to provide personalized and efficient customer support. Agentforce will streamline routine tasks, such as order tracking, enabling our service teams to prioritize more meaningful customer interactions and focus on delivering a high-touch, tailored customer experience. We’re excited to continue enhancing our luxury shopping experience and exploring new ways Agentforce can continue to further elevate our service.” – Mike Hite, Chief Technology Officer, Saks Global

Tags: AISalesforce
Share30Tweet19
DigitalCIO Bureau

DigitalCIO Bureau

Recommended For You

Hexaware and Abluva Offer Secure Agentic AI Solutions for Life Sciences Industry

by DigitalCIO Bureau
July 11, 2025
0
Deloitte And AWS To Deepen Generative AI Driven Innovations For Indian Enterprises

Hexaware Technologies has announced a strategic partnership with Abluva, an innovator in agentic AI security, to address security challenges posed by autonomous AI agents in the Life Sciences...

Read moreDetails

TP-Link Reinforces Commitment to India with new R&D GCC & Incubation Centre

by DigitalCIO Bureau
July 11, 2025
0
TP-Link Reinforces Commitment to India with new R&D GCC & Incubation Centre

Connectivity solutions provider TP-Link India have announced a significant expansion of its footprint in the country. TP-Link has unveiled its first incubation centre in India, co-located with its...

Read moreDetails

Gartner: Earth Intelligence Offers $20 bn Opportunity For Tech And Service Providers

by DigitalCIO Bureau
July 10, 2025
0

Earth intelligence will significantly impact every industry as it rapidly moves from government to the private sector, with annual revenue to surpass $4.2 billion in 2030, up from...

Read moreDetails

Okaya Power Group Appoints Prakash Dharmani as CIO

by DigitalCIO Bureau
July 9, 2025
0
Okaya Power Group Appoints Prakash Dharmani as CIO

Prakash Dharmani has joined Okaya Power Group as its new Chief Information Officer (CIO). With over 33 years of experience across industries such as petrochemicals, refining, specialty packaging,...

Read moreDetails

Total Unique Malware Increases By 171%: WatchGuard

by DigitalCIO Bureau
July 9, 2025
0
OpenText Names LockBit  Nastiest Malware Of 2024

New WatchGuard research reveals 171% increase in total unique malware as attackers defy traditional defenses. Other key findings show an increase in email-borne malware threats, a rise in...

Read moreDetails
Next Post
Qlik Expands Customers’ Ability to Scale AI for Impact with AWS

Qlik Opens Registration For Qlik Connect 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Critical Vulnerability Patched in Oracle Database

August 13, 2018
Veeam Positioned As A Leader In The 2023 Gartner Magic Quadrant

Veeam Recognised For Data Resilience Solutions by Forrester

November 27, 2024
Coforge collaborates with Microsoft to use Generative AI to Empower next-gen Solutions for Enterprises

Coforge collaborates with Microsoft to use Generative AI to Empower next-gen Solutions for Enterprises

December 21, 2023

Browse by Category

  • Acquisition
  • Appointment
  • Archive
  • Artificial Intelligence
  • CIO Interviews
  • Cloud
  • Datacenter
  • Events and Conferences
  • Market Insights
  • News
  • Opinion and Analysis
  • Products
  • Resources
  • Security
  • Storage
  • Tech News
  • Telecom
Digitalcio

Welcome to DigitalCIO, your ultimate source for staying ahead in the ever-evolving world of technology and business.

BROWSE BY TAG

Acquisition AI Appointment artificial intelligence Artificial Intelligence and Machine Learning AWS Barracuda Big Data and Analytics Blockchain CISCO Cloud Computing Cloudflare Commvault CrowdStrike Cybersecurity Dell Technologies Digital Transformation Dynatrace E-books Fortinet Gartner GenAI Generative AI Google Cloud HCLTech IBM Infographics Internet of Things (IoT) Kaspersky Microsoft Netskope NTT DATA Palo Alto Networks Panel Discussion Qlik Salesforce ServiceNow Sophos Tenable Trend Micro Veeam Veeam Software Webinars Whitepaper Zscaler

CATEGORIES

  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
  • Archive

NAVIGATION

  • Home
  • About Us
  • Advertise with Us
  • Contact Us

© 2024 digitalcio.in - All rights reserved.

No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources

© 2024 digitalcio.in - All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?