A brand’s overall value is significantly impacted by the interactions customers have at each point of the buyer’s journey. Measuring Return on Experience (ROX) can help assess the value being created or lost during each step, including last mile delivery.
What is Return on Experience?
Return on Experience, or ROX, is a metric used to examine the interactions customers have with a business, the costs associated with acquiring new customers and how those factors impact business performance.
Measuring this kind of behavior requires businesses to deliberately assess the experience customers have with their brand, including the delivery process, and how those different interactions help generate revenue. The ultimate goal is to create a brand presence that results in repeat customers, because acquiring a new customer may be more expensive than retaining an existing one.
Why Last Mile Delivery Matters to ROX
Measuring ROX can be especially valuable for businesses that rely on in-home delivery services such as:
- Appliance installation
- Big and bulky delivery
- Furniture assembly
- Heavy item delivery
- Room of choice delivery
- Threshold delivery
- White-glove service
The last mile delivery experience is often one of the most direct interactions customers have with a brand. With nearly one in three consumers walking away from brands they love after a single bad experience, businesses should use ROX to assess how delivery experiences influence customer perception and overall business performance.
Every business will measure ROX differently, but many approaches share common themes like safety, employee training and local operational support.
The image below illustrates our approach to understanding how these elements can work together to support a positive ROX.