A German Family-owned Business Strengthens Ties Through Net Promoter®

corporate-governanceA successful German wholesaler drives business through Net Promoter implementation. With an already strong product line, the company implemented Net Promoter to improve customer service and strengthen ties with their customers.

W. & L. Jordan GMBH, with over 50 stores across Europe has been around since 1919 and promotes themselves as a customer centric organisation. The organisation sought the services of CustomerGauge in order to implement the Net Promoter to improve business through a customer feedback program which can be effectively measured.

Embedding the Net Promoter program can provide many advantages as Jordan discovered:

  1. Fast, responsive and simple to understand
  2. Scores allows for benchmarking and feedback
  3. Reports and analysis are automatically generated through Net Promoter software solutions company, CustomerGauge.

The Net Promoter provided the company with the necessary information to identify areas of concern and make the vital changes to its business and operations; strengthening their relationships with customers. Jordan was able to develop procedures to effectively manage and respond to any issues that may arise.

After a series of Net Promoter surveys, Jordan identified key issues which were concerning customers and effectively take the appropriate steps and actions to rectify these issues responsively. In doing so, Jordan was able to increase its Net Promoter Score from +29 to +38.

Jordan will be able to use the Net Promoter as a benchmark on performance; comparing against previous performances, performances of other companies and industries. Jordan, through the Net Promoter is able to strive for continual development and improvement.

How has the Net Promoter benefitted your business? Let us know your thoughts below.

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Case study: How to apologize to your customers when things go badly wrong

Very-special-pear-salad-made

When things went pear-shaped over at MozLand, they did so in a big way. The result was lots of unhappy customers, but their response is a case study in how to apologize for problems that seriously affect your customers.

You can read the full text of their apology over on the SEOMoz site but here are the elements of what they did right.

[Read more...]

Positive Customer Experience Drives Loyalty, Revenues

temkin-customer-exp-recommend

The new Temkin Group research shows what we believe: the customer experience drives customer loyalty. The chart below shows how much a good customer experience can lift your customer loyalty, and how much a bad customer experience can lower it.


Read the whole story: Positive Customer Experience Drives Loyalty, Revenues

How To Drive Customer Experience Innovation Using Transactional NPS®

innovation

I wrote recently about how engineers in process plants are never happy with the status quo. They are always looking for improvements and tweaks to the manufacturing process that can drive incremental improvement in profit and efficiency.

This post is about how you can use Transactional Net Promoter Score® to do the same thing for customer loyalty, through its key driver; customer experience.

Two types of innovation

Lets start by identifying two key types of innovation: discontinuous and incremental. [Read more...]

Do Your Customer Experience Initiatives Have These Flaws?

defective_chain

It seems to me that many customer experience initiatives are deeply flawed. They start out well intentioned but lack the right process improvement mindset to drive long term change.

The customer experience strategy that seems to be best practice at the moment is:

  1. Do some research on what people want: ask a focus group, run a survey, etc,
  2. Design “the best” customer experience based on the research.
  3. Test it in a limited way –asking people what they think, doing some usability testing (i.e. watching what people actually do either actually or via analytics) of your systems.
  4. Roll-it out.
  5. Relax

The critical part is that the design process (steps 1 and 2)  is run only once. Then, having agreed that it is perfect, just let it run. This is wrong. [Read more...]

Managing Customer Loyalty: It has always been about listening and remembering

remember

“If you strip away all the hype around how to ‘do’ relationships, you are left with one simple concept. The real essence of a relationship is simply a memory of past interactions.” [1]

Learning is at the heart of customer loyalty management and has been ever since the empirical work of Reichheld [2] (and others) in the early 1990’s showed that customer loyalty is directly related to corporate profits. Learning about customers and remembering them is central to the task of managing customer relationships.

Looking back all that way to the pre-Net Promoter Score primordial haze; Reichheld found 3 loyalty effects, each highly correlated with profitability,

Customer Retention: You already have enough segmentation, take action!

datadrivenmarketingstrategies

Think quick: to drive customer retention, should you focus on a deeper understanding of your customer segmentation or take action with the data that you already have?

If you said segment your customer data base with greater accuracy, you probably picked the wrong answer. According to research by Aberdeen Group (“How the Best in class use customer data to boost retention revenue in 2010″) best in class organizations focus on “doing” more than they do on analyzing. This certainly has the ring of truth based on my experience. [Read more...]

Best Practice Organisational Structure to Deliver Customer Experience Management

Satisfaction-Guaranteed

Over the past week or so, there has been a really great debate going on in LinkedIn over the organisational structure by which most effectively delivers Customer Experience Management.   With more than 70 posts by a wide range of experienced professionals, it’s been one of the most interesting discussions I’ve seen on LinkedIn.

However, with 13 pages of content and so many comments, it’s hard to get a hold of what is being said.  So I thought I’d summarize the post into a best practice organisational structure approach to delivering customer experience management. [Read more...]

What is the role of Customer Feedback in the ITIL Framework?

itil

Recently, a colleague of mine had an interesting conversation with the service delivery manager for a well known IT company. The discussion turned to customer experience management and the service deliver managers noted that his only “measurements” of the customer experience were, essentially, the ITIL service delivery process.

If you’ve never heard of ITIL you probably don’t need to worry about it. It is a framework of concepts and process for IT systems development and management. If you’re keen to know more have a look on Wikipedia ITIL.

On the other hand, if you use the ITIL Framework in your business, the questions you should be asking yourself are; [Read more...]

How do you determine the value of Net Promoter Score®?

Gear_Series

Recently, the CFO of one of my customer’s asked “How to we determine the value of Net Promoter Score?” and wanted a “two sentence response”. The question was asked in the context of investing in NPS® data collection.

It is a very good question and one that took a while for me to answer succinctly.  Not because the value of NPS is low, it is high, but because there are a few links in the logic chain that need to be made explicit before you can provide that answer.. [Read more...]