When you first start selling online, receiving negative customer feedback can feel like a real kick in the teeth. You’ve put in all the hard work to get the order out but have fallen short of your customer’s expectations and are now worried about your reputation, not to mention how it might affect your metrics.
With experience though, you start to realize that negative customer feedback is just part of selling online and shouldn’t be taken to heart. In fact, if you use it creatively, it can even present you with an opportunity to shine.
https://www.xsellco.com/resources/negative-customer-feedback-amazon-ebay/
The pace of change in the world of B2B is famously rapid, which makes the task of generating impactful strategies difficult: no sooner have you settled on and refined your plan of action going forward than you realize a competitor is achieving results with a technique or tactic you’d never even heard of, let alone mastered. The increasing sophistication of artificial intelligence makes this unavoidable to a degree, but the best thing you can do is cover all bases, frequently refresh your knowledge of the emerging technologies, and commit wholeheartedly to your own tailored, data-driven processes.
https://www.forbes.com/sites/lilachbullock/2019/03/06/5-b2b-tips-and-strategies-that-you-need-to-know-in-2019/
The main assumption of leading any type of business is, or at least should be, providing the best product for customers. Every CEO wants his or her product to be the best and satisfy people’s needs. But in order to do that, a company needs to know what are customers’ needs and expectations. And this is where feedback is crucial.
Customer feedback makes it possible to find out what customers like about our product, what they would change or improve, and if they are happy with our services. Thanks to this information it is easier to work on possible changes and product development.
So how to get customer feedback? How to find out if we’re doing the right job? There are many ways to receive the information about your product or service. Today we present 8 effective ways to receive customer feedback. Follow up to find out the best ways of receiving your customers’ opinions and suggestions!
https://www.timecamp.com/blog/2018/02/8-effective-ways-to-get-customer-feedback/
Big data is big, and it’s only getting bigger and more complex. Companies are collecting customer information across channels, including text, voice call, online and chat. As customers find new ways to communicate with their companies of choice, the amount of data will continue to grow. Collecting that information is a great start, but the bigger question is whether companies are actually doing anything with it.
https://www.itproportal.com/features/actions-speak-louder-than-data/
Customer-centric businesses put customers at the core of the business, then make policy and process design decisions centered on the needs of those customers. That customer focus compels naysayers to label customer centricity as an ill-advised business strategy.
What happens, those naysayers ask, when your heart pushes you to take action that interferes with a long and prosperous future?
For example, let’s say you need to raise fees, but your customers disagree. Or you have policies in place to secure and protect your institution’s assets, but those policies feel unfriendly to your customers. How can making a decision that is best for customers also be a smart strategy for your business?
https://www.peoplemetrics.com/blog/an-introduction-to-building-customer-understanding/
Although 81 percent of CX leaders surveyed by Gartner this past July believe CX will soon be the basis on which their companies compete, only 22 percent say their efforts are exceeding customers’ expectations. If leaders understand the importance of CX programs, why are they struggling so mightily to deliver the experiences their customers want?
https://www.forbes.com/sites/serenitygibbons/2018/10/09/customer-service-isnt-enough-3-reasons-to-switch-to-customer-success/#4c6e939244a1/
Quick, how many services or memberships do you subscribe to? One? Two? Twenty? You know your wallet is stuffed with membership cards (roadside assistance, your local gym, and Costco) and your front porch welcomes monthly subscription boxes (Blue Apron, Trunk Club, and Honest Essentials), while your go-to entertainment is no longer cable TV but subscription-based media (Netflix, Hulu, and Amazon Prime.) The scene at work is the same: subscriptions abound for things like Salesforce, teleconferencing services, training programs, Harvard Business Review…
http://customerthink.com/empowering-your-team-to-deliver-kick-ass-customer-experience/
Here is some advice for entrepreneurs and even managers in corporate companies. Never assume you really know your potential customer. Ever. That will force you to do several things:
https://www.forbes.com/sites/bernhardschroeder/2019/03/02/entrepreneurs-customers-are-not-always-right-but-they-are-never-wrong-learn-the-five-key-insights/
The final discipline of growth banking is all about listening and acting on feedback from your customers. This discipline requires an understanding of measure and metrics. It requires a commitment to closed-loop feedback. And it starts with the decision to either build or buy a Voice of the Customer solution for your own organization.
But it's important to note: having customer data and following up with individual customer and employee feedback is not enough to move your overall Net Promoter or Customer Loyalty scores.
Yes, you will be improving the experience for customers who share their insights and experiences with you.
But moving the overall scores will take a keen eye and a lot of analysis of customer insights. You'll need to pinpoint the one thing to do next to improve your business. Whether it's adapting a solution, adding a feature, or emphasizing a capability, it takes systemic changes to impact the experience of customer segments (or for all of your customers).
https://www.peoplemetrics.com/blog/how-to-define-your-priorities-and-build-a-plan-for-customer-centricity/
Many businesses track metrics like customer acquisition cost, time on site, conversion rates, and bounce rates. However, these metrics fall short when you’re trying to understand customers’ experience with your business and how its performance relates to their expectations. And if you fail to meet their expectations, their likelihood of staying with the business goes down and their lifetime value declines.
Here are four effective strategies for getting quality customer feedback.
https://homebusinessmag.com/sales/customer-service/get-quality-customer-feedback-4-effective-strategies/
