Do you listen to your customers? No, really! Of course, everyone answers “yes” when asked this question. So much so … that the question really isn’t worth asking anymore. The real question to ask is “What are you doing about it?”
Customer Feedback is Priceless Data
Your customers write about your services, prices, product quality and their experiences with you in social media. They write you letters (yes, letters on paper do exist), they send you emails, they call your call centers and even participate in surveys you conduct … Again I ask, what are you doing about it?
How are you translating all that information across all those input channels into action? All of that content (you already have) in the form of customer interactions is just waiting to be leveraged (hhmmmm).
In three separate “C” Level studies (CIO, CFO, CEO) … the number one executive imperative was to “Reinvent Customer Relationships”. Across the three studies, key findings were to:
Get closer to customers (top need)
Better understand what customers need
Deliver unprecedented customer service
Can anyone think of a better way to accomplish this then by examining all of that customer interaction based content to enable you to do something about it? I bet there are loads of trends, patterns and new insights just waiting to be explored and discovered in those interactions … something demanding your attention and needing action.
Customer Satisfaction is Key
Clearly, identifying customer satisfaction trends about products, services and personnel is critical to any business. The Hertz Corporation is doing this today. They are using IBM Content Analytics software to examine customer interaction based content to better identify car and equipment rental performance levels for pinpointing and making the necessary adjustments to improve customer satisfaction levels. Insights derived from enterprise content enable companies like Hertz to drive new marketing campaigns or modify their products and services to meet the demands of their customers.
“Hertz gathers an amazing amount of customer insight daily, including thousands of comments from web surveys, emails and text messages. We wanted to leverage this insight at both the strategic level and the local level to drive operational improvements,” said Joe Eckroth, Chief Information Officer, the Hertz Corporation.
Hertz isn’t just listening … they are taking action … by putting their content in motion.
Again I ask, what are you doing about it? Why not test drive Hertz’s idea in your business? You’ve already got the content to do so.
I welcome your input as always.
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