A typical customer satisfaction survey generally captures data with regards to overall satisfaction with a product or service. To assess performance and to understand the specific areas that the company should invest in, performance on various other parameters
for the company and competition is essential too.
Not only does a customer satisfaction survey detail the company’s performance vis-à-vis competition, an analysis of the performance on parameters can give out an action plan as well. This is an analysis based on the importance and performance rating on various parameters and attributes.
While the benefits of a customer satisfaction survey may be understood and appreciated, many people feel that conducting a survey once is quite enough to understand where the company stands and the areas to focus on. However there are various reasons why a customer service survey should be trended. Here are some of them.
- a. The Satisfaction Index – A customer satisfaction survey provides a concise one number index that can be compared across competition and over time. This means that a single chart that details the satisfaction index over the years along with the performance of competition can give you a picture of how your fare among your customers.
- b. Drill-Down – The same index can be evaluated among different customer groups – loyal versus floaters, new versus old, open to competition versus closed, young versus old and other parameters that may be relevant in the industry being studied.
- c. Stay in touch with your clients – The market place is a dynamic place. And unless you keep an eye on the manner in which your customers are moving, you are likely to lose them before you even realize it. Trending the customer satisfaction survey on a regular basis helps in keeping an eye on the movements and commitment levels of your customers.
- d. Understand the ever-changing customer needs – The importance of conducting full-fledged customer satisfaction survey on a regular basis cannot be stressed enough. In the ever-changing market that we work in, it is not only the satisfaction levels that change. The needs and desires of the customers and the expectations also change. What this means is that the attribute landscape that is created at one point in time changes rapidly. Some of the attributes that may have been identified as growth areas or areas that can increase customer satisfaction may soon become hygiene factors as more and more competitors adopt the attribute and start offering it.
There are some customer satisfaction indices that are based on purchase intent and others that take various factors such as willingness to recommend, intention to continue using, advantage over competition. While some use a black box weighting method, there are others that are relatively simple calculations. What is important is that you use one system and track it over time in the same manner so that you can understand the trend and take decisions that are meaningful. This is easily done with the Mineful dashboards since they allow you to see dashboards online at the click of a button.










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