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Customer feedback management: 3 best practices


Now more than ever, customer perception and customer feedback management matters. Whether in response to initiatives centered around customer experience management, competitive pressures, or economic uncertainty, companies seek approaches to assess customer perceptions to retain valued customers.

The focal center for client interactions is the contact center, which is dedicated to collecting customer feedback. Over the years, it has become clear that it’s not just about fulfillment. Companies must listen to customer feedback and change what they do to improve customer loyalty and boost business growth.

Customer feedback management: 3 best practices

The real objective of customer feedback management is to recognize and improve the areas of the company that promote customer loyalty. Below are three critical steps to implementing the best customer feedback management practices.

Tailor the feedback process to your goals and objectives

Customer Effort Score (CES), Customer Satisfaction Survey (CSAT), and Net Promoter Score (NPS) are some of the best customer survey metrics accessible today. You need to pick the metric that best lines up with your goals. For instance, every one of these models has its separate objectives: NPS software is a comprehensive predictive analysis system that discloses how likely your clients would recommend you (Customer Retention and Loyalty).

CSAT is a divided methodology that tells you what percentage of your clients are happy with a specific department or your entire service (Customer Satisfaction). CES gauges the amount of effort your clients need to take to get something completed by you (Potential Dissatisfaction and Churn). Pick a feedback process that is geared towards your business development goals right now.

Implement customer feedback management responses

Breakdown customer feedback into actionable points and begin executing them. An ideal approach is by priority and volume. A highlights page showing a 404 error is of higher importance than a pop-up that covers the content. First of all, you should address the issues that keep your clients from getting the most value out of your product. Then, you can move on to handling higher volumes, or dealing with frequent requests you receive.

Most organizations see following up with the customers who gave their input as optional, but it isn’t. Positive or negative criticism, your customers set aside their time to provide you with feedback. Sending a follow-up is a crucial part of customer feedback management and won’t just make your clients feel esteemed but also urge them to give you more input in the future. You can utilize some customer feedback management workflow tools that send these follow-ups automatically.

Analyze data effectively and efficiently

A vital piece of customer feedback management isn’t just how you convey the surveys but how you organize the information you get. In case you’re utilizing a numeric system similar to CES, CSAT, or NPS, you have the option to average the numbers on your own on a spreadsheet. If you utilize independent form tools, they automatically connect your form to a spreadsheet and input customer responses.

Additionally, if you’re using survey software, the tools will help you calculate the average responses. When using open-ended questions for customer feedback management, it is imperative to use keywords to analyze your responses. For instance, you need to split your answers between positive and negative – you may sort responses using critical words or complementary terms. Or, if you’re searching for specific details regarding your purchasing system, you may use it as a keyword.

Take action

Why wait when you can get started on customer feedback management today? It might not be easy at first, particularly if you are working with a loosely defined strategy. If you want results that make a difference to your customers, effective customer feedback management is the key. It won’t be easy for your product teams to prioritize gathering customer feedback and promptly implementing their ideas. But it will help your business expand and prevent problems from chipping away at your sales.

About Jennifer Cramer Lewis

Jennifer Cramer Lewis loves showing people simple changes they can make to drastically improve their financial welfare. With over 20 years in business and finance, including careers in Banking, Real Estate Sales and Management, and Mortgage Broking, she has always found it easy and natural to implement processes to heighten productivity. These skills combined with her love of people meant that financial coaching was a natural progression from working within other people's businesses. She is a facilitator for Right Riches for You, a specialty program of Access Consciousness. She has written three bestselling books and is mum to two fantastic teens who are learning early to master the language of prosperity. Follow her on YouTube.

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