Types of Customer Satisfaction Surveys for Deep Insights
How to know what your customers think about your company or product or services? How sure are you that your customers are getting what they want from you? What marketing strategies are giving you the maximum rewards? You can get a sure shot answer to all these important questions by using a simple customer satisfaction survey for better and deeper insights.
Receiving
feedback from customers is essential to keep up with the ever increasing customer
driven market. It gives a business the desired growth and competitive edge.
Getting effective feedback from the customers on what they like or dislike
helps you deliver the solutions they want from you.
Customer satisfaction
surveys are general feedback surveys that help you understand your customer’s
sentiments related to all your products and services. Collect responses are
then analyzed and acted upon for deeper understanding and planning.
There are
different types of customer satisfaction surveys such as NPS (Net Promoter
Score), CSAT (Customer Satisfaction Survey) or CES (Customer Effort Score).
They all are equally important and play a crucial role in determining what the
customers are wanting.
CSAT
Customer
satisfaction survey is a feedback survey that will ask the customer how
satisfied they are with your products or services. It usually consists of one
question that covers everything that a company wants to know about customer
satisfaction.
The question
asks, how would you rate the overall satisfaction with the products/services
that you received?
The customer is then given a multiple
choice of five to choose from which are -
1. Very
Unsatisfied
2.
Unsatisfied
3. Neutral
4. Satisfied
5. Very
Satisfied
If your
customer rates option 1 or 2, it is an indication that your services are not up
to the mark, if they choose option 3, they basically are indicating that you
need to improve your services and if they choose option 4 or 5, it means they
are satisfied with your services. You need to make sure that customers choosing
option 3 are converted to satisfied customers and customers rating option 1 or
2 be given priority over everyone else.
This is how you calculate your score -
Take the
total number of satisfied customers and divide it by the total number of survey
respondents, multiply it with 100.
For e.g. if
you have 150 total survey responses and you 70 of them are satisfied or very
satisfied with your services, the score turns out to be 46.66%.
NPS
Net Promoter
Score is a registered score which was introduced by Fred Reichheld in 2003. It
is still one of the most recognized and valuable tool for measuring customer
satisfaction. After you collect responses, the score calculated tells how much
loyal customer base you have managed to achieve till date. It is a metric that
tells if your customers will walk in again in your store or not. If or not they
will act as brand custodians for your brand or will bad mouth your brand to
others.
The question
asks, on a scale of 0-10 how likely are you to recommend our product/service to
others?
Here is how the scale works -
· 0-6- Detractors, these are customers who are extremely dissatisfied with your brand and will bad mouth your product/services.
·
7-8
Passives, these are customers who are satisfied but will not be motivated
enough to act as promoters.
·
9-10
Promoters, these are customers who are extremely satisfied with your brand and
are super enthusiastic to promote your brand to others. They are your long term
repeat customers who should be carefully dealt with in order to maintain their
loyalty.
This is how you calculate NPS -
Simply
subtract the percentage of detractors from the percentage of promoters; the
resulting value is your net promoter score. One should make sure it is always a
positive number.
For e.g. if
you have 150 responses, 30 voted between 0-6 and 45 voted between 9-10, your
net promoter score comes out to be 10.
·
Detractors
- 20%
·
Promoters
- 30%
·
Passives
- 50%
CES
Customer
Effort Score is yet another metric that measures customer satisfaction for
deeper insights. This is a slightly different metric that measures how much
effort the customer had to put in order to interact with your product/service.
Again it
asks one question, how easy was it to get what you wanted?
The responses are as follows -
· Very Easy
·
Easy
·
Neutral
·
Difficult
·
Very
Difficult
Apart from
these three popular customer surveys, there are other feedback gathering
surveys as well that are mobile app survey as well as online survey. These can
be post purchase survey, product satisfaction survey or product development survey
etc.
A Post Purchase Survey as the name says
is sent to the customers after they buy a product or a service from a company.
They are meant to understand the customer’s behavior post their purchase. These
kind of surveys are more specific and to the point to get accurate data. One can
collect response to know the quality of the product or services, how the
products are performing, how is the after sales service etc.
The question
can vary from company to company, but it generally involves a single question
that is open ended, and asks how satisfied the customer is with the products
they purchased.
A Product Development Survey is a survey
that tries to gauge what the customers want from the company in the future. It
helps them make future product development strategies and ideas based on what
the customers filled in at present. This is basically the first stage in the
new product development strategy and is better known as concept testing. Any
brand would only want to invest in a product that will be successful over the
years, and give a desired return on interest on the company’s resources and
time.
All these surveys are beneficial to the
company when they want to know their customer better, improve on their
responses. There are many feedback applications that are in market these days
for solving the purpose of customer data collection. Be it any mobile app
survey or online survey data collection application, customer satisfaction is
of uttermost importance to remain ahead in such gripping competitive environment.
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