FERRET PAPER – FOOD FOR THOUGHT 7 ways to unlock the true value of your customer feedback programme www.feedbackferret.com Page 1 Feedback Ferret® and the Feedback Ferret logo are Registered Trademarks of Feedback Ferret Ltd. 7 WAYS TO UNLOCK THE TRUE VALUE OF YOUR CUSTOMER FEEDBACK PROGRAMME 7 ways to unlock the true value of your customer feedback programme In order to reap true value from any customer feedback programme, your business must care about your customer and their experience with your brand. By caring and demonstrating that you care, you can directly LQȵXHQFH\RXUERWWRPOLQH+RZFDQ\RXGRWKLV" ΖWȇVVLPSOH<RXQHHGWRȴQGRXWZKDW\RXUFXVWRPHUVWKLQNRIWKHLU H[SHULHQFH<RXQHHGWRDVNWKHPWRWHOO\RXbin their own wordsbZKDW they think. You don’t need to ask endless questions, they will tell you exactly what they like, what they dislike and what might lead them to purchase elsewhere if you give them the opportunity to do so. Armed with that information, you can put yourself in your customers’ shoes and understand exactly what needs to be done to improve their experience, win back unhappy customers, and make loyal customers even more loyal. Here are 7 ways to unlock the true value of your customer feedback programme: 1. Stop doing things customers dislike 7. Reduce costs 2. Do more of what customers love and value 3. Improve communications 6. Improve VWD 4. Improve products / services 5. Improve processes www.feedbackferret.com Page 2 Feedback Ferret® and the Feedback Ferret logo are Registered Trademarks of Feedback Ferret Ltd. 7 WAYS TO UNLOCK THE TRUE VALUE OF YOUR CUSTOMER FEEDBACK PROGRAMME 1. Stop doing things customers dislike Annoying customers is one of the best ways to lose customers. Make sure you know what they dislike and stop doing it! One of our automotive clients reviewed comments from those customers who were not likely to recommend a particular dealer. On closer examination, several issues ZHUHLGHQWLȴHGLQWKHȊRLO service” area. One of the largest areas for complaint ZDVȊ8QUHDVRQDEOH:DLW Times for Oil Change”. Numerous comments request service dealers simply provide an ȊKRQHVWHVWLPDWHRQKRZORQJLWZLOOWDNHWRFRPSOHWHZRUNȋRUDW OHDVWȊLPSURYHWKHDFFXUDF\RIWKHHVWLPDWHGZDLWWLPHȋ$VDUHVXOW RIUHYLHZLQJWKLVIHHGEDFNGHDOHUVZHUHHQFRXUDJHGWRPDQDJH FXVWRPHUH[SHFWDWLRQVEHWWHUZKHQVHUYLFHVFRXOGQRWEHFRPSOHWHG LQWLPHO\PDQQHU$OOWKH\KDGWRGRZDVFDOOWKHPDQGWHOOWKHP 2. Do more of what customers love and value Find out what works and what aspects of their experience they love. Do more of it and continue to do it well. 7KH6RXWK$IULFDQ1DWLRQDO%ORRG6HUYLFHUHFHQWO\UHLJQLWHGWKHLU Ȋ3LQWIRUD3LQWȋSURPRWLRQDVDUHVXOWRIJDWKHULQJFXVWRPHU IHHGEDFN)RUHYHU\SLQWRIEORRGGRQDWHGFXVWRPHUVUHFHLYHGDSLQW RIEHHU6$1%6KDGUXQWKLVLQLWLDWLYHLQWKHSDVWEXWQRWUHDOLVLQJ how popular it was, had suspended it after a IHZPRQWKV)HHGEDFN gathered through their kiosks indicated that the promotion was sorely PLVVHGE\FXVWRPHUVDQG LQȵXHQFHGKRZRIWHQ FXVWRPHUVJDYHEORRG Needless to say, the promotion was quickly UHLQVWDWHG www.feedbackferret.com Page 3 Feedback Ferret® and the Feedback Ferret logo are Registered Trademarks of Feedback Ferret Ltd. 7 WAYS TO UNLOCK THE TRUE VALUE OF YOUR CUSTOMER FEEDBACK PROGRAMME 3. Improve communications Marketing messages can often be misconstrued, instructions or directions GLɝFXOWWRXQGHUVWDQGYHUEDOFRPPXQLFDWLRQVEHWZHHQVWDDQG customers sometimes become fraught. Find out where your weaknesses lie and make the necessary improvements. %\DQDO\VLQJFXVWRPHUIHHGEDFN FRPPHQWV2ULJLQ(QHUJ\LGHQWLȴHG DSUREOHPZLWKWKHZD\WKH\ communicated certain information to FXVWRPHUV$IWHULQWURGXFLQJDQHZ V\VWHPRIHVWLPDWLQJELOOVUDWKHUWKDQ taking accurate readings), they started UHFHLYLQJDODUJHQXPEHURIFRPSODLQWV UHODWLQJWRȊKLJKHQHUJ\ELOOVȋ)XOOGHWDLOV RIWKHQHZV\VWHPKDGEHHQLQFRUSRUDWHGLQWRWKHVPDOOSULQWRQWKH LQYRLFHEXWFXVWRPHUVKDGQRWQRWLFHGWKHPDQGKDGGXO\FRPSODLQHG WKDWWKHLUELOOVZHUHKLJKHUWKDQWKH\VKRXOGEH$QDQDO\VLVRIWKH IHHGEDFNHQDEOHWKHPWRLGHQWLI\ZKDWKDGFDXVHGWKHLQFUHDVHLQ FRPSODLQWVDQGDVDFRQVHTXHQFHWKH\PRYHGWKHLQIRUPDWLRQDERXW the new system to the front page of the invoice and made it more SURPLQHQWb7KHRXWFRPHZDVWKDWFXVWRPHUVXQGHUVWRRGWKHQHZ V\VWHPDQGFRPSODLQWVDERXWȊKLJKHQHUJ\ELOOVȋUHGXFHGVLJQLȴFDQWO\ 4. Improve products / services Senior managers often think they know what products or services need improving. But how can they ever really know unless they ask customers what in theirRSLQLRQZRXOGUHDOO\PDNHDGLHUHQFH" Eurocamp had considered investing in a major upgrade of the outdoor furniture on all their campsites. Customer IHHGEDFNIURPWKHSDVW year was analysed to check customer opinions on the matter. Very few negative FRPPHQWVZHUHIRXQGEXW VLJQLȴFDQWO\PRUHQHJDWLYH FRPPHQWVZHUHIRXQGDERXWWKHTXDOLW\RIEHGGLQJSURYLGHG$VD UHVXOWWKHFDSLWDOH[SHQGLWXUHZDVVSHQWRQEHGGLQJUDWKHUWKDQ furniture, which in turn had a positive impact on satisfaction scores. www.feedbackferret.com Page 4 Feedback Ferret® and the Feedback Ferret logo are Registered Trademarks of Feedback Ferret Ltd. 7 WAYS TO UNLOCK THE TRUE VALUE OF YOUR CUSTOMER FEEDBACK PROGRAMME 5. Improve processes 3URFHVVHVHYROYHRYHUWLPHDQGZKLOVWPDQ\DUHHHFWLYHWKHUHLVQHYHU any harm in looking for better ways of doing things. Better processes can save you resources, time and, ultimately, costs. Speedy analysis and delivery of FXVWRPHUIHHGEDFNKDVUDGLFDOO\ changed MINI’s approach to dealing ZLWKSURGXFWTXDOLW\LVVXHV$VD UHVXOWRIXVLQJ)HHGEDFN)HUUHWȇV +RW$OHUWPRGXOH0Ζ1ΖLVQRZ DEOHWRUHFWLI\DSUREOHPDVVRRQ DVLWLVVSRWWHGDQGEHIRUHLW DHFWVPRUHYHKLFOHVGRZQWKHSURGXFWLRQOLQH9Ζ1QXPEHUVRI DQ\SUREOHPYHKLFOHVDUHSDVVHGRQWRWKHUHOHYDQWGHSDUWPHQW ZKHUHWKHPHPEHURIVWDUHVSRQVLEOHIRULQVWDOOLQJRUEXLOGLQJWKH SUREOHPSDUWRUWKHVXSSOLHURIWKHSDUWFDQEHWUDFHGDQGLGHQWLȴHG immediately. The manufacturing and quality managers can now UHVSRQGLPPHGLDWHO\WRSUREOHPVRQWKHIDFWRU\ȵRRULQDZD\WKDW KDGQRWEHHQSRVVLEOHEHIRUH:KHWKHULWLVDPHPEHURIVWDZKR needs additional training or a supplier whose part has caused a WHFKQLFDOSUREOHPWKH\KHDUDERXWLWLPPHGLDWHO\DQGWDNHSRVLWLYH action to ensure it does not recur. ΖPSURYHVWD +RZGR\RXNQRZZKLFKPHPEHUVRIVWDDUHXQGHUSHUIRUPLQJLI\RX FDQȇWNHHSDQH\HRQWKHPDOOGD\HYHU\GD\"/HW\RXUFXVWRPHUVWHOO\RX ZKRLVQȇWSHUIRUPLQJZHOODQGIRFXV\RXUHRUWVRQGHOLYHULQJWUDLQLQJ programmes or disciplinary procedures where necessary. And never IRUJHWWRUHZDUGQDPHGVWDZKRPD\EHFRPSOLPHQWHGLQFXVWRPHU feedback. 9RGDFRP6RXWK$IULFDLQVWDOOHG IHHGEDFNNLRVNVLQHDFK9RGDFRP EUDQFKQDWLRQZLGHZKLFKDOORZHG FXVWRPHUVWRJLYHIHHGEDFNZKLOH they were waiting in the shop. One of the largest areas for complaint ZDVVWDDWWLWXGHDQGVWDDYDLODELOLW\&XVWRPHUVHYHQQDPHGWKH OD]\RULQDWWHQWLYHVWDDQGDVDUHVXOWXQGHUSHUIRUPLQJVWDKDYH EHHQGLVFLSOLQHGUHWUDLQHGDQGLQVRPHLQVWDQFHVGLVPLVVHG www.feedbackferret.com Page 5 Feedback Ferret® and the Feedback Ferret logo are Registered Trademarks of Feedback Ferret Ltd. 7 WAYS TO UNLOCK THE TRUE VALUE OF YOUR CUSTOMER FEEDBACK PROGRAMME 7. Reduce costs +RZPDQ\WLPHVKDYH\RXWKRXJKWȊΖIRQO\ZHȇGUHDFWHGVRRQHUZHFRXOG KDYHDYRLGHGWKDWȋ"%\UHDFWLQJWRQHJDWLYHIHHGEDFNFRPPHQWVTXLFNO\ you can avoid PR disasters, stop issues being aired on social media and quite possibly, reduce costs. Origin Energy managed to VDYHLQ2PEXGVPDQ administration costs as a result RI)HHGEDFN)HUUHWȇV+RW$OHUW programme. The company received D+RW$OHUWZLWKLQPLQXWHVRIWKH ZRUGȊ2PEXGVPDQȋDSSHDULQJ RQWKHLUFXVWRPHUIHHGEDFN7KH\ immediately contacted those customers and through empathy and listening, prevented many RIWKHVHFDVHVEHLQJWDNHQWRWKH 2PEXGVPDQ Finding out how your customers feel and whether their expectations KDYHEHHQPHWLVWKHȴUVWFUXFLDOȴUVWVWHSLQLPSURYLQJWKHLU experience. Armed with the answers, you can use any of the above 7 methods to unlock the value in your customer feedback, all of which have the potential to impact your bottom line. Author – Nicola Douglas, Marketing Manager, Feedback Ferret 2nd March 2016 www.feedbackferret.com Page 6 Feedback Ferret® and the Feedback Ferret logo are Registered Trademarks of Feedback Ferret Ltd. 7 WAYS TO UNLOCK THE TRUE VALUE OF YOUR CUSTOMER FEEDBACK PROGRAMME Feedback Ferret – Experts in Customer Feedback Using text analytics, Feedback Ferret transforms customer feedback comments into actionable insight. We make it easy for you to improve your customer experience. Email Surveys Online Reviews SMS Surveys Customer Panels Apps We consolidate all your Voice of Customer feedback comments from any source into a single analysis and reporting platform. Telephone Surveys Website Feedback Tablets & Kiosks Web Chat Social Media Employee Feedback We automatically transform the customer comments into easy-tounderstand, actionable insight using our sophisticated text analysis engine. Tools for Insight We deliver the RIGHT information to the RIGHT people in the RIGHT format at the RIGHT time, so they can take action to improve customer H[SHULHQFHDQGȴQDQFLDOSHUIRUPDQFH Hot Alerts Task Management Data Exports PDF Push Reports Manual Review Tool Analyst Services Ferret Answered Questions All our technology and services have been developed by, and are RSHUDWHGE\)HHGEDFN)HUUHW/WG7KHWHFKQRORJ\LVRXURZQLQWHOOHFWXDO SURSHUW\GHVLJQHGVSHFLȴFDOO\WRDGGUHVVWKHQHHGVRIH[WUDFWLQJLQVLJKW from customer feedback. )HHGEDFN)HUUHWLVEDVHGLQ%RXUQH(QGLQWKH8.ZLWKRɝFHVLQ86$ South Africa and Poland. For more information visit www.feedbackferret.com www.feedbackferret.com Page 7 Feedback Ferret® and the Feedback Ferret logo are Registered Trademarks of Feedback Ferret Ltd.
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