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Frequently Asked Questions
Some major benefits of customer surveys include:
Allows setting product/service improvement priorities according to customer input Learn how customers view your company compared to your competitors Improve customer retention Improve sales and marketing messages Improve quality Compliance requirement ISO 9001-2000 The above actions will raise sales and profits
Three issues to consider before you start are:
Surveys are done by telephone, mail, Internet, e-mail and in-person. Each method has its own strengths and weaknesses and different cost structures. The best method is the one your customers will respond to in a cost effective and statistically valid or useful manner. Consider how you typically interact with your customers, how they prefer interacting with your company, and the resources you have available. Most research companies (including us) will work with you to select the best method for your situation.
Too much research spends its life on a shelf in someone's office rather than being used to create customer-focused improvements. The primary reason this happens is the organization does not have a process in place for using the research data. Without action there is little or no ROI.
Customer surveys can reveal what needs to be done, but successful action is still required. As noted in the previous answer above, a process must be in place that facilitates product, service or brand improvements, based on findings of the survey.
Be sure your market research company is versed in the requirements of sampling theory and research methodology. A lot of surveys are done, especially on the Internet, that do not meet proper sampling requirements.
Costs vary significantly based on research methodology, sample size, questionnaire length and other factors. When working with a research company, costs can typically range from a few thousand dollars (US) to six figures. Market research companies usually provide free estimates.
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