How to improve customer loyalty with customer feedback

In our 20-year history we’ve seen instances where a company’s commitment to capturing feedback has been short-lived. Invariably, this has been down to a failure to understand the link between feedback, service improvement and financial performance. Too often, feedback data has become an end in itself rather than a means to an end.

Feedback data should be used to drive financial performance, but before you start on your customer loyalty journey you need to understand what you are trying to achieve and how it will increase the financial success of your organisation. While this can be an entire project in itself, here are the best question to ask before you start.
ViewPoint Feedback Kiosks for Hotels

How can I improve my customer retention?

According to Esteban Kolsky, only 1 out of 26 unhappy customers complain. What do the other 25 do? Some will continue as dissatisfied customers but others will vote with their feet. They will quickly become ex-customers and you won’t know why. We have encountered organisations that invest a lot in marketing; they run successful marketing campaigns to capture new customers but as they usher them through the ‘front door’ existing customers are disappearing out the back. It should be easier, and less expensive, to retain existing customers but this is too often overlooked. The insights gained through customer feedback can enable you to identify sources of dissatisfaction. Using real-time, transactional feedback, you can respond quickly to issues raised demonstrating that you listen and are responsive.

How can I create advocates?

By responding quickly to issues and negative feedback, you can turn a negative into a positive. It’s well established that dissatisfied customers who have had their issue addressed quickly and effectively are subsequently more satisfied than those who didn’t have an issue in the first place! Your would-be detractor then becomes an advocate.

According to a study conducted by Convince and Convert, answering a complaint increases customer advocacy by as much as 25%

How can I be more credible?

Advocates give you credibility. Testimonials and positive reviews engender trust and people are more likely to do business with organisations that are seen as trustworthy. Negative reviews can actually help in this respect, too! Allowing negative comments on your website or social media accounts shows honesty and a willingness to accept responsibility; responding to negative comments in a constructive and positive way demonstrates responsiveness and care for the customer. This in turn engenders loyalty not only helping to retain customers but potentially creating opportunities to upsell, too.

And remember, 95% of customers share bad experiences.

How can I drive innovation?

Your customers could be a vast, untapped resource: a source of insight and innovation that can help you refine and improve your product and service offerings. They can help you keep in touch with changing trends and can provide you with reassurance that you’re heading in the right direction.

Moreover, implementing changes suggested by users can directly help word-of-mouth sales. But first you need to listen to them.

How to implement real-time surveys to increase customer loyalty

Once you have an understanding of what questions you want to answer as an organisation, you need to put systems and processes in place. Using a feedback loop to capture, analyse and improve you can quickly start making organisational changes that will help increase customer loyalty.

So how do the best organisations measure real-time feedback to increase customer loyalty and sales? Here are our top 5 tips for getting the best insights.

Make sure it is convenient

Allow customers to decide when they give you their feedback. Your role is to gently prompt and let them know how to give it when they are ready. Encourage your audience to complete the survey by making the survey design compelling, attractive and by letting them see how you use the insight you receive. The best surveys are intuitive and entwined in the customer journey, for example a kiosk near a store exit or an online link post purchase.

Let customers tell you what they want you to know

Whilst generic questions are great for easy reporting, they can be somewhat frustrating for customers who have something to say that falls outside of your pre-determined questions. Take for example a customer who has visited your store for a particular item to find it is out of stock. Imagine that same customer has visited 3 times to find it is still out of stock. They want to tell you!

Questions about store cleanliness, staff and parking can all render positive answers but it isn’t always letting them tell you what is important. A simple “Is there anything you want to tell us today” question will. The benefit is this type of information provides clear operational data that the local team can act quickly.

Agree minimum standards and set alerts to monitor them

Live alerts can notify you when feedback falls outside of acceptable parameters so you can intervene and avoid escalating problems.

This technology also helps to forecast the future. Some call this ‘predictive analytics’. An alert to a falling service level can enable tactical intervention, preventing a much larger service failure

Thank respondents

The biggest reward for those giving you feedback is to see how their feedback is being used. “You said, we did” boards, posters, screens or emails using infographics are great ways to communicate this information.

At the end of the day, customers, employees, patients, visitors or students are all people. People like to be listened to and responded to – and the positive effect of this is that they will more loyal and will continue to give their valuable feedback.
Thank them for their feedback and make it as easy as you can for them to see the results.

Ensure you listen regularly

If you are giving feedback continuously it’s important to also be making necessary changes and improvements at the same pace –customers do not want to wait a year to see action!

This doesn’t have to be time-consuming though, with intuitive reporting you do not need to be looking through individual responses to track problems; tools such as Sentiment analysis and interactive dashboards present this data in easy to digest and visual ways. This helps you to tackle the tactical issues whilst collecting further insight for larger-scale improvement plans.

Line

Do you need a smart way to collect feedback?

Line

Welcome to ViewPoint, the world’s leading provider of touchless feedback kiosks.

ViewPoint’s feedback solutions are the smart way to collect customer and employee feedback.

Read more about collecting customer and employee feedback

Student Feedback

A blended approach to student feedback

The NSS provides valuable feedback and insight, but there is a problem. It’s an annual, reflective survey – that is, it provides a snapshot in time, after the event. It may benefit “future students” but what about the students who are providing the feedback? The opportunity to provide input has come too late for them. So, is the NSS fit for purpose?

Read More »
collecting-feedback-in-retirement-villages

A Relationship-Centred Approach to Retirement Villages and Care Homes

Strong communities are vital to the health and wellbeing of their residents. This is especially true in retirement communities and aged care home settings, where residents rely on staff and their community to flourish. A relationship-centred care approach that takes the experiences of residents, staff and visitors into account is one of the best ways to help ensure a healthy and strong community.

Read More »
Smiley Face Survey Example

Smiley faces for surveys, the friendly way to collect feedback

A simple smiley face could change the way that you analyse and understand customer satisfaction in your organisation. Smiley faces for surveys immediately evoke a far more welcoming response than even the most straightforward text base survey. And a growing trend towards using smileys in surveys shows how organisations are using this effective and multicultural customer experience collection tool.

Read More »

The Ultimate Guide to Employee Pulse Surveys

Pulse surveys can help take the guesswork out of what initiatives to focus on, giving managers a chance to make truly employee-directed change. Additionally, instant feedback makes it easier to keep up in dynamic environments where change happens quickly. If you already conduct annual engagement surveys, adding pulse surveys can make them much more actionable.

Read More »

The smart way to collect feedback

Line

Find out why the world’s top brands use ViewPoint feedback solutions…

Some of our customers

top-brands-use-viewpoint-feedback

Need an easier way to collect feedback?

Line

Download our guide today. On-site feedback that is instant, always-on, and easy to deploy. 

Companies that want results trust ViewPoint

top-brands-use-viewpoint-feedback

Contact us or download our brochure for more details.