November 1, 2023
When it comes to the digital experience 81% of consumer rank ease of use as most important and 63% are most concerned about identity theft.
Those are top findings from a Ping Identity report that evaluated consumer sentiment around online brands.
The data also revealed 65% would switch to a comparable brand if it offered passwordless authentication, according to a press release on the findings.
"In today's world, consumers hold all of the power. Not only is there more competition among brands to see who can deliver the best digital experience, but consumers are more informed than ever. They know what they want from an organization to create a positive digital experience – and they're willing to leave a brand that isn't meeting their needs," Peter Barker, chief product officer at Ping Identity, said in the release. "To stay ahead of competition, businesses need to create easy and personalized experiences that alleviate security concerns without collecting too much personal data."
Additional findings include:
The findings detailed are based on responses collected from two surveys. The first gathered responses from 9,519 consumers across 14 regions, and the second survey gathered responses from 3,400 consumers in five select markets: the US, UK, France, Germany, and Australia.