Preview

Best Pratices in Measuring Customer Satisfaction Essay Example

Good Essays
Open Document
Open Document
818 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Best Pratices in Measuring Customer Satisfaction Essay Example
| Best Practices in Measuring Customer Satisfaction. | Week 3 Assignment |

Nicholas B. Fannings
5/20/2012
GM 588Professor K. Mayberry |

Customer satisfaction has long been an industry focus as a measure of managerial strength and company profitability (Kelsey & Bond, 2001). The satisfaction of the customer is essential to the success of a company. There are many ways for organizations to determine how satisfied their customers are with specific products or services. Although there are, many different ways to measure customer satisfaction industry spanning best practices allow for consistent capturing and interpretation of collected data.
Among the best practices of measuring customer satisfaction, include knowing when to conduct customer satisfaction research and what type of customer satisfaction data to gather. When gathering data for customer satisfaction research, there are two types of surveys to help achieve maximum results and those are, transactional surveys that solicit feedback from the product or service user about that particular encounter (Conklin, 2006). In addition to transactional surveys, there are relationship surveys that collect input from people who have an ongoing relationship with the company and have had multiple transactions (Conklin, 2006).
A second best practice is to determine how many customers to survey or establish the sample size. The third practice is to determine how the survey is to be distributed. The distribution determination is based upon the weather or not a transactional or relationship survey was used to gather data. Methodology to gather data include point of interaction customer surveys, telephone and online surveys.
Designing and effective customer survey is critical when trying to measure the level of satisfaction of customers in an organization. Some of the best practices according to Michael Conklin of Market Tool, Inc. include designing customer surveys include asking about the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Mkt/571 Week1

    • 646 Words
    • 3 Pages

    References: Center for the Study of Social Policy, 2007. Customer Satisfaction. Retrieved January 14, 2013 from http://www.cssp.org/publications/constituents-co-invested-in-change/customer-satisfaction/customer-satisfaction-what-research-tells-us.pdf…

    • 646 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    To determine the requirements of the user’s needs we can use questionnaires that are printed onto the receipts that the customer gets when shopping from our stores. These questionnaires can be helpful in determining our stores overall customer satisfaction ratings. Other methods may include an open discussion or a forum to gain more insight on what our customers would like to see in our stores or what products that we could look into bringing into our stores.…

    • 276 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    McClave, J. T., Benson, P. G., & Sincich, T. (2011). Statistics for Business and Economics (11th ed.). Retrieved from http://ecampus.phoenix.edu/classroom/ic/classroom.aspx…

    • 1588 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    • Explain the methods you would use on the site to interpret customer satisfaction levels.…

    • 466 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Customer satisfaction is usually measured by customer feedback forms to gain information about how well the company is delivering customer service as the customer is delivering their own opinions. Companies take these seriously as…

    • 5419 Words
    • 22 Pages
    Good Essays
  • Best Essays

    Whilst conducting this research I shall be looking at the impact of client satisfaction on business and how it can be measured. I will be discussing different ways of doing this and talking about how to conduct a client satisfaction survey.…

    • 2353 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    A Case Study on River Island

    • 8185 Words
    • 29 Pages

    HOW DOES BRAND IMPACT ON CUSTOMER LOYALTYIN TH UK FASHION INDUSTRY? A CASE STUDY OF RIVER ISLAND…

    • 8185 Words
    • 29 Pages
    Powerful Essays
  • Satisfactory Essays

    Yardstick Report

    • 636 Words
    • 3 Pages

    On the basis of our experience in conducting many local and national customer satisfaction surveys,…

    • 636 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Nortel Hbs Case

    • 422 Words
    • 2 Pages

    The Customer Satisfaction and Loyalty Survey (CSAT), based on Bradley Gale’s approach, linked product questions to business processes. These survey results were collected and tabulated by a third-party to maintain objectivity but ON would follow up with the customer on the top five issues. This methodology was very…

    • 422 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    buget

    • 428 Words
    • 2 Pages

    Customer satisfaction is an indication that your company understands the needs of your customers. Understanding your customers and being able to satisfy their needs is crucial to the strength of your business. Just remember, one unsatisfied customer can negate the promotional impact of several satisfied customers. Having strong customer service polices will add to the success of your company…

    • 428 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Wiley, Jack. "Linking Survey Results to Customer Satisfaction and Business Performance". Organization Surveys: Tools for Assessment and Change. Ed. A.L. Kraut. Jossey-Bass Inc., 1996. 330-359.…

    • 3776 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Therefore, Enterprise conducted Service Quality Surveys to track customer satisfaction. The survey included questions that could provide information which it was trying to gather like;…

    • 472 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    pampers CRM

    • 1545 Words
    • 7 Pages

    Firs thing comes first, before you set down your survey you have to compile what you already know about your clientele to determine your core customer most valued which need to be involved in your analysis, that is one specific step need to done but on the other hand some companies reflect them organization by defined just the most valued core customers as they…

    • 1545 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    There are several methods implemented to measure the success of Post new product Donut O’s. The company’s marketing goal would be monitored based on current and accurate financial statements, product levels, and customer satisfaction.…

    • 332 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Keywords Customer satisfaction, Business-to-business marketing, Industrial marketing, Relationship marketing, Organizational behaviour, Market research Abstract In practice, firms measure customer satisfaction using models and theory developed for evaluating the perceptions of individual consumers rather than entire organizations. This paper develops an integrated model of customer satisfaction measurement specific to a business-to-business context and addresses the unique challenges inherent in this context by incorporating learnings from the fields of customer satisfaction, organizational buying behavior and relationship marketing. After presenting the model and its rationale, the paper illustrates practical uses of the model as a managerial tool for framing a system of customer satisfaction measurement.…

    • 8070 Words
    • 33 Pages
    Powerful Essays