Who can give you
the best advice on improving your business? Your accountant, marketing
specialist or perhaps a business consultant? The truth is the
best source of ideas for building your business is free. It comes from
your customers and prospective customers. All you have to do is
ask. Listen to what your customers have to say and you will discover
your strengths, weaknesses and, most importantly, what they would
like.
I can hear you saying that you do listen to your customers.
But which customers do you hear? Probably those that complain because
they were unhappy with your products and/or service. At the other
end of the scale, you also hear from the customers who are your
biggest fans. While the input of these two groups is undoubtedly
valuable, they make up less than 10% of your clientele and they
most certainly are not representative of the silent majority that
accounts for the bulk of your business.
The best way to find out what your customers and prospective customers
think of your business and what they want from you is to conduct
a survey. Excellent customer
survey software makes it very easy to create, run and analyze
professional quality surveys.
The following story illustrates the value of customer surveys.
A modestly successful retail store owner was proud of his business
that offered an extensive selection of top quality merchandise at
very reasonable prices. He paid above average wages to ensure his
customers received attentive and knowledgeable service.
After conducting a customer survey, he discovered that his customers
did not care about his extensive variety of high quality merchandise
and, in fact, wanted some less expensive options. Service was not
a major consideration in the decision to shop at his store and neither
were good prices. The main reason that people shopped at his store
was its convenient downtown location and ample free parking.
You can guess the rest. He dropped items that were not selling
well and added some lower quality lines. Prices gradually rose while
his wages decreased. All his ads now prominently mentioned his convenient
location and ample free parking. His sales increased somewhat but,
most importantly, his profits tripled. And one more thing he now
does regular customer surveys.
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