Conventional wisdom points
toward customer satisfaction surveys as the best way to pinpoint what
specifically draws the customer back or pushes them away. Long relied
upon to explain a customer’s flitting from one company to another in search of
the best experience, these surveys fall short of explaining the customer
replies that pertain to the trust and respect of your employees.
Studies have shown that there is a direct link between satisfied employees and
happy customers, so it makes good business sense to invest in discovering what
your employees need to stay loyal and satisfied. This creates an
environment of positive, helpful people ready to bend over backwards for the
customer. The use of employee opinion surveys along with customer surveys gives a great overall
picture of a company’s strengths and weaknesses and provides a blue print for
developing a strong culture of loyal employees and customers.
What does having satisfied employees have to do with retaining customers?
It has everything to do with losing developed or developing relationships, the
reason behind almost every return customer. Companies who pay attention
to their surveyed employees end up with a much lower turnover rate, which by
itself saves them millions of dollars every year in rehiring costs as well as
in lost customers. Seems outrageous, doesn’t it? Surely that lack of
retention can’t possibly cost so much!
On average, though, the loss of one dissatisfied employee will result in about
150% of his or her yearly salary between advertising for a replacement,
training the new person, lost productivity, and overtime of others to
compensate while waiting for the new employee to get up to speed. When
the lost employee is management, the number increases to closer to
200%. This isn’t even taking into consideration the loss of
valuable knowledge and insight provided to the customer by the employee!
No amount of training will replace the knowledge that comes from doing the job
every day.
From the customer perspective, this lack of turnover means a more stable,
responsive team to address their needs and concerns, something that those
surveyed worry about. Customer loyalty, like employee loyalty, stems from
a strong interpersonal connection to a common goal. They want to know who
they’ll be dealing with when they pick up the phone or send an email.
Merry-Go-Rep doesn’t encourage faith in a company and the downtime during
training means time taken away from providing quality service.
Having a culture of open, responsive communication by well-known representatives
engenders the kind of trust that many believe washed away with the last
millennium. Thankfully, that’s not the case, because that kind of
confidence and conviction can keep a customer during the most trying times.
No matter how hard we try, everyone makes mistakes, and they will eventually
affect the customer. This being said, even the most hideous mistake can
be corrected if the customer knows that it’s a one-off rather than a regular
occurrence. This can only be proven through constant attention from
employees they have confidence in before the slip-up happens. A calm
voice and reassuring presence can be taught, but believing that the voice on
the other end of the phone actually cares about them as people comes from
familiarity, not the training room.
The most effective way to maintain a positive attitude during a crisis is to
cultivate it in the office everyday. Employees who feel valued as people
make the extra effort to go beyond what’s expected. They want to invest
as much in their career as their career has invested in them. It’s a
measure of respect and self-worth to know that if the employees weren’t there
they would be missed. This positive attitude then spills over into
everything the employees do and everyone they come in contact with from the
start of the day to the end no matter what may happen. The customer is in
tune with the idea that they, too, would be missed if they were to go
elsewhere, and not just because of their investment, because of who they
are. This kind of relationship can’t be bought, and customers know it.
Surveying the lay of the land in order to find the smoothest path toward a
happy coexistence should be every company’s primary goal. This requires
more than just surveying employees and customers. It requires a
commitment to hearing and responding to the survey results in a way that
benefits everyone: the employer, the employee, and the customer.
Tags: customersurvey,
employeesurvey,
customer satisfaction surveys,
employee satisfaction surveys,
market research,
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