Bytestart - The online small business portal
Search over 1700 Articles!


FREE Business banking forever
With Abbey you can enjoy free day-to-day business banking, forever! Call us now on 0800 085 3099 or click here to find out how.


Top 10 Customer Satisfaction Tips

 print  e-mail 

Businesses are desperate to show that they care about their customers. How often do you read or hear that they are ‘committed to achieving the highest levels of customer satisfaction’?

Perhaps you have even stated the same about your business? These claims are made with the best of intentions; however in many cases the level of customer satisfaction has never been properly measured.

The following top tips are intended to show why every business, big or small, should be interested in measuring the satisfaction of their customers:

Top 10 Customer Satisfaction Tips

1. Keeping your existing customers is more profitable than finding new ones

Back in the late 1980’s the American Consumer Association announced that it was 5 times more expensive to win a new customer than to keep an existing one. Many case studies since have confirmed this theory, including MBNA and Domino’s pizza.

2. You can’t manage what you don’t measure

If you don’t find out what is wrong through a customer satisfaction survey you will never be able to make improvements. Equally, if you implement changes to your business you will have no way of measuring its effectiveness other than looking at changes in revenue.

3. Satisfied customers are more likely to be loyal customers

There is growing evidence to support the theory that the more satisfied a customer is the more loyal they will be, however customers have to be exceptionally satisfied before they enter the loyalty zone.

4. Loyal customers become more profitable over time

The longer a customer stays with you, the more valuable they are likely to become as there is a higher chance that they will increase the level of business they do with your company and they are more likely to expand the range of products and services they buy.

5. Satisfied customers are an extension of your sales force

If your customers are happy, or even better, delighted with the service you provide they will be more inclined to recommend you to others.

6. Customers rarely complain; they just take their business elsewhere

Companies that believe their customers are satisfied because they very rarely complain are missing an important part of the picture. In fact, it is quite often those customers who are loyal to your business that will complain as they want the situation resolved. Those who are dissatisfied are far more likely to simply take their business somewhere else.

7. Service often differentiates more than products or prices

Much as we are led to believe that price is king and customers will always go for the cheapest price, quite the opposite is often true. By fully understanding your customer’s needs you will find that price generally only becomes an issue when they are not receiving the level of service that they were expecting.

8. Delight your customers by showing them you care

Everyone likes to feel that their opinion is important, so what better way to confirm to your customers that they are indeed the most important part of your business than by asking them for their opinions?

By carrying out a customer satisfaction survey you are clearly stating that you are a business that cares about its customers. Be warned though – never ask for someone’s opinion unless you are going to use the information to make a difference!

9. Great results give convincing PR.

It is far more convincing when your customers say how good you are rather than you having to say it yourself. Customer satisfaction measurement provides you with an opportunity to highlight your strong points by sending the results to your customers, and by promoting them in any marketing materials, PR etc. It also gives an opportunity to show that you have taken feedback on board and made changes as a result.

10. Customer satisfaction is a requirement of ISO 9001:2000

According to ISO 9001:2000, customer satisfaction should be measured to monitor the effectiveness of the quality management system and to highlight areas where improvements should be made.

About the Author
These tips are kindly provided by Intelligent Insight, providers of business solutions through conducting tailor-made market research studies, interrogating in-house data and analysing highly reputable market intelligence.

Posted August 8, 2006


Related Articles

    Recommended Services
  • For Essential Business Insurance, visit our partner, Hiscox.
  • For 2 Years Free Banking, we'd also recommend Alliance and Leicester

Latest articles in Marketing Guides
 
Invest in social networking and become 'recession proof'
[July 30, 2008] The founder of a leading business site says that social networking will be a "critical factor" in the survival of small companies during the current economic downturn. Includes some handy networking resources.
 
Seven ways to weather the economic storm
[May 27, 2008] Some expert advice for small business people who are apprehensive about the economic downturn.
 
Successful networking and new business survival
[May 6, 2008] Why successful networking could hold the key to survival for new businesses. Includes tips on how to implement an effective networking strategy.
 
Carve out a niche for your business and you're more likely to succeed
[April 18, 2008] Ever heard the saying: jack of all trades, master of none? That saying has never been more true than when it comes to marketing your small business.
 
Top marketing tips for Direct Mail success
[April 16, 2008] When done properly, direct mail can be a predictable and cost effective way to generate sales leads for your new business.
 
How to develop a strong USP and how to use it to attract more customers
[April 8, 2008] A USP is much more than just a way of positioning your business in marketing materials. It’s something that needs to be at the very core of what you’re doing – part of your business’s DNA.
 
Top Ten marketing success tips for small businesses
[March 7, 2008] Whatever the size of your business, successful marketing relies on a combination of long-term strategy with short-term plan of action for maximum impact.
 
50 Bootstrap Marketing ideas for startups - Part Two
[January 30, 2008] Here are a further 25 excellent bootstrap marketing tips for small businesses - how to publicise your business without a large budget.
 
50 Bootstrap Marketing ideas for startups - Part One
[January 28, 2008] The alternative to spending a lot of cash on marketing is to bootstrap it. This means marketing your new business on a very small budget. It’s about using creativity rather than cash to shout about what you’re doing. Part One.
 
Exporting - A Guide to exporting for small businesses
[November 12, 2007] Exporting to foreign markets seems too daunting for many small businesses but it's not as difficult as you might think. This guide to exporting covers how to develop an effective export strategy, how to finance it, and where to go for help and advice.
 
 Our Partners
Hiscox Office Insurance
Instant Online Quotation
Limited or Umbrella Co.?
Ask Danbro today
Business Insurance
Get Essential Cover
Bibby Financial Services
Funding your business
Click HereAccept Online Payments
PayPoint.net Solutions
2 Years FREE Banking
Alliance & Leicester
MORE THAN Business
10% off PI Insurance
Free Day-to-Day Banking
Abbey - 0800 085 3099
Public Liability Insurance
Get online cover now


 Key Services
Fixed Fee Accounting
Award winning service
Save on Car Rental
Get discounts with Budget
£20 Free Postage
& 30 Day No Ties Trial
Virtual Office Service
For full details click here.
Cashflow Problems?
Try Invoice Financing
Phone and Broadband
Great deals for business


Sales Guides

Marketing Guides

PR Guides

Online Marketing



 


Related Articles: