Companies use customer relationship surveys to understand and improve the health of the customer relationship. Customers are asked to provide ratings about their overall experience with and loyalty towards the company/brand. These customer feedback data are analyzed to help companies diagnose problem areas that, when addressed, will increase customer loyalty, driving business growth. Even though […]
Author Archive | Bob Hayes
Know your Enterprise Feedback Management Provider
I recently wrote about the value of Enterprise Feedback Management vendors. EFM is the process of collecting, managing, analyzing and disseminating different sources (e.g., customers, employees, partners) of feedback. EFM vendors help companies facilitate their customer experience management (CEM) and voice of the customer (VoC) efforts, hoping to improve the customer experience and increase customer loyalty. […]
Linkage Analysis for Your VoC Program – Free Paper
Customer feedback provides useful information about the health of the customer relationship. Relationship and transactional surveys, commonly used to capture customer feedback, are used to assess and improve that health. While customer feedback metrics provide great value in and of themselves, when used with other types of business data, they can address meaningful business questions: […]
The Value of Enterprise Feedback Management Vendors
In an excellent post, Bob Thompson reviews the VoC space in his blog on Voice of the Customer (Voc) Command Centers, including a discussion of 1) the six feedback dimensions, 2) how the VoC command center needs to include technology to a) capture feedback, b) analyze feedback and c) manage top priorities to resolution, and 3) […]
Getting to Love: Customer Word Clouds
I continually look for ways to present data in ways that are both informational and visually interesting. My hope is that, if scientific rigor does not capture the readers’ attention, the way in which the data are presented will. Last month, I stumbled across the use of word clouds in survey research. Word clouds are used to […]
Linking Constituency and VoC Metrics
Business linkage analysis is the process of linking disparate business data sources together for the purposes of understanding the relationships between them (See Figure 1). Constituency linkage analysis allows us to better understand how employees and partner relationships impact the health of the customer relationships. The service profit chain depicted in Figure 2 (I added […]
Linking Operational and VoC Metrics
Business linkage analysis is the process of linking disparate business data sources together for the purposes of understanding the relationships between them (See Figure 1). For operational linkage analysis, we are interested in understanding the relationship between customer feedback metrics and operational metrics. Demonstrating the statistical relationship between customer feedback metrics and operational metrics is […]
Linking Financial and VoC Metrics
Business linkage analysis is the process of linking disparate business data sources together for the purposes of understanding the relationships between them (See Figure 1). For financial linkage analysis, we are interested in understanding the relationship between customer feedback metrics and financial business outcomes. Demonstrating the statistical relationship between customer feedback metrics and financial business […]
Beyond the Ultimate Question
Measuring Customer Satisfaction and Loyalty (3rd Ed.)