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Digital Customer Experience

Why are customers willing to pay more for a better experience?

In a recent study called The Disconnected Customer: What digital customer experience leaders teach us about reconnecting with customers” by Capgemini, a significant gap was found between how businesses and consumers perceive the quality of their customer experience.

Of the organizations surveyed, only 3 out of 10 match customer expectations. Research also revealed over 80% of consumers are willing to pay more for a better experience. This holds broadly true across sectors and countries, with around one in ten consumers (9%) actually willing to increase their spending by more than half!

In today’s digital age, regardless of whether we’re buying in-store or online, consumers now have an almost unlimited amount of information at their fingertips in order to make a decision. If you can’t find a review for a particular product or supplier, you’re probably going to immediately question its quality. Third party endorsement from other consumers and industry experts such as Trip Advisor and Amazon are an absolutely essential ingredient in sales conversion.

This wealth of information also helps determine where a customer is going to get the product or service from. If Company A is the cheapest option but Company B offers free delivery, free returns, a 24-hour helpline and a 3-year warranty, it’s fair to say that savvy shoppers are going to opt for the pricier one, especially if they feel it is worth the extra value.

Recently, Capgemini found a distinct correlation between a high quality of service and price and revealed that 4 in 5 people are willing to pay more for a better customer experience.

So why is this?

 

Ultimately, it comes down to the fact we want our voices heard and our loyalty rewarded, and a great customer experience makes us feel like we have achieved this. In most customer experience circumstances it comes down to speed, convenience and low effort required from the customer.

As an organization you need to invest in the digital customer experience. Think about what your customers value and what they care about. What is the connection between you as a brand and your consumer? Internally, the data and touch points need to flow through your organization and allow you to manage and meet the expectations and desires of your customers. What would be your ideal digital customer experience? Determine that and you can reap significant rewards.

 

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How to Craft the Perfect Customer Satisfaction Survey

 

 

 

 

Let’s start with the most basic question…What exactly is a Customer Satisfaction Survey?

While they can come in many different forms, customer satisfaction surveys are used to gauge how your customers feel about your company or reveal details about an experience with your company. This knowledge is crucial and knowing how your customers feel about your product, services, and team is imperative to understanding how to grow as a company and improve customer experiences.

Why Conduct Customer Satisfaction Surveys?

If you don’t allow your customers a place to complain, you risk them doing so to all their friends, family, or anyone who will listen. And this negative feedback can break a business. It’s been said that angry customers will tell 9 of their friends about their bad experience. Regardless of the specific number, you know that you’re much more likely to talk about a frustrating experience than a mildly positive one.

How do you Create a Successful Customer Satisfaction Survey?

There are several different styles of questions that can be asked on a Customer Satisfaction Survey.

The first type is a simple Yes/No distinction:

  1. Was your experience satisfying?
  2. Did our product meet expectations?
  3. Did this article provide the answer you were seeking?
  4. Did you find what you were looking for?

The benefit of this is its simplicity. Most customers will only spend a few minutes filling out a survey so you want to gather as much information as you can before they lose interest and abandon ship.

Scale Questions

While Yes/No questions are easiest and quickest to answer, they do not provide the meaty responses that tell you how customers really feel. Almost all popular satisfaction surveys are based on scale questions.

Ask a question like “How satisfied are you with your experience?” and provide a scale. The survey scale could be comprised of numbers or you could use labels, such as “strongly disagree, disagree, neutral, agree, and strongly agree.”

survey

 

There are many pros to using scale questions.

  • It’s pretty standard and your customers will completely understand what to do when presented with the question.
  • You can very easily segment your data to make decisions based on individual survey responses.
Open-Ended Questions

While scale questions are important, they still don’t allow for qualitative insights. In other words, they don’t get at the “why” of an experience, only the “what.”

Open ended questions allow customers to speak freely about a product or experience and allow you to gain more feedback regarding what needs improving or what is working well.

Some examples include:

  • What do you like most about our new product?
  • What changes would most improve our new product?
  • What other products would you like to see in our store?
  • Would you recommend our products to a friend/family           member?
  • Is there anything else you would like us to know?
Following Up on Customer Satisfaction Surveys

Now that you’ve got insights on your customer satisfaction levels, what do you do with the data?

Follow up with survey respondents. The most important and oftentimes most-ignored step in a successful customer satisfaction survey campaign is contacting the valuable customers that complete your satisfaction survey. Making sure your team acknowledges and thanks anyone that completed the survey is critical to ensuring that customers will continue to provide you feedback — because it’s about building trust and showing them value.

You can’t always change your methods or practices to please all customer feedback, but you can address every piece of feedback that comes through in some way. Providing a response, even if what the customer is requesting is not something you will do, is always better than no response at all.

One of the biggest mistakes is putting all that effort into data collection and analysis, and then not acting on it. We collect data to make informed decisions in order to grow our business.

Ready to get the ball rolling? Start with a simple survey and ask customers how their experience was.

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When your Customers are Talking

It’s Time to Listen  

The single biggest complaint of customers is that salespeople talk too much and don’t listen enough. Poor salespeople dominate the talking, while successful salespeople dominate the listening.

 

It’s possible for you to talk too much, but it’s rarely possible to listen too much.

 

When salespeople are excellent listeners, prospects and customers feel comfortable and secure with them. They buy more readily and more often.

 

Why Salespeople Stop Listening

Salespeople have a lot to say because they’ve developed so much expertise. However, the fastest way to irritate a prospect is by talking too much and listening too little. Furthermore, salespeople have listened to the customer’s side so often, they can predict what the customer will say. Result: They learn less about customers’ changing needs than an effective listener would uncover.

 

Benefits of Good Listening

Listening builds trust. The best salespeople are concerned with customer needs and help them purchase products or services in a cost-effective way.

Listening lowers resistance. It reduces tension and defensiveness on the part of customers who realize they aren’t going to be pushed into making a purchase.

 

Listening is Not Hearing

Listening is different from hearing. Hearing is what people do when a bore starts talking. Listening is an active activity in which salespeople pay genuine attention to what customers or prospects say.

 

 

 

 

Here are some tips that help promote active listening:

  1. Show that you’re listening by giving short verbal feedback phrases like, “I see” or “Go on.” Nod your head. Use body language to show the customer you’re interested in what’s being said.
  2. Don’t interrupt. Ideally, the only time you should break up the customer’s conversation stream is if you need clarification on what’s being said.
  3. Avoid distractions. Focus your attention on the prospect or customer in a calm, relaxed atmosphere.
  4. Restate. This is repeating verbatim all or part of what a customer has said while placing emphasis on one part of it. The main purpose of restating is to get prospects to give more information and to let them know you are listening. Additional information can be the difference in making a sale or not.
  5. Ask pertinent questions.If you understand correctly, the customer will agree. If not, he or she will have a chance to clarify.
  6. Summarize. Active listening involves mentally summarizing points that have been made. Try to state these brief summaries at key moments in your presentations. Summarizing also lets you take charge of the direction of the conversation.
  7. Try to avoid arguing.A good listener is there to find out what the customer thinks and where she or he is coming from. If the customer wants to hear your opinion, he or she will ask. Otherwise, it’s a good idea to remain silent, especially if a customer is venting.
  8. Empathy is key. The way we do this is by mirroring one another’s behavior and language. Use the same words your customers do, in the way they use them, so they are assured you really understand their problems.
  9. Simplifying terms for self-service. If you want to help customers help themselves, don’t be fancy with the language. Drop the brand voice and mimic your customer’s approach.
  10. And the best advice of all…Remember the golden rule of listening. It’s possible to say too much. It’s rarely possible to listen too much.

 

 

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