As a bespoke customer satisfaction survey company, we conduct customer feedback research driven around the specific needs of our clients, in terms of scope, process and deliverables.
As a key Stakeholder Group, your Customers generate the revenue that drives your business forward. To do this successfully, it’s vital to understand and take into account the views/feedback of your customers when making commercial decisions and developing future strategy. Conscious of the maxim that ‘you shouldn’t mark your own homework’, engaging FOTP Research, a specialist B2B research company, as an independent third party to work with you, is the best way forward.
We will work with you to:
- Understand your requirements
- Develop the survey
- Conduct the customer satisfaction research
- Analyse the data and
- Present the insights
Customer Satisfaction Research – How we do it
Step 1: Scoping the target respondents and understanding your business
We hold initial meetings with our clients to achieve the following:
- Clarify research requirements and potential areas to measure
- Understand current processes and business characteristics
- Select appropriate customers to gain feedback from
- Recommend and agree an appropriate sample size
- Provide a full project schedule to include timelines and deliverables
Step 2: Qualifying the core components of successful relationships with your customers
- The key drivers of customer relationship performance are identified by conducting a number of in-depth telephone interviews with a sample of your customers
- The output of these interviews are clearly defined Performance Areas and the individual Performance Attributes that determine your customer relationships
Step 3: Measuring the Pulse of your customer relationships
- An online survey with a combination of ratings and “open text” boxes is used to gather customer feedback on how they rate your company on the agreed Performance Areas and Attributes
- The Performance Areas and Attributes measured are those we defined from the earlier qualifying interviews
Step 4: Reporting via scorecard and identifying customer relationship strengths and areas for improvement
Output of results include:
- A customer relationship health Scorecard
- A measure of performance for each Performance Area and Attribute
- Verbatim comments providing further insight into the ratings provided
- Identified customer relationship strengths and areas for improvement
- Data analysis and recommendations to help you drive stronger customer relationships
Finger on the Pulse Research (FOTP) is a B2B research agency that specialise in gathering feedback from key stakeholder groups, in particular, Customers, Suppliers and Employees, by developing and conducting bespoke market research surveys.
These three stakeholder groups are fundamental to the success of any business, yet how often do companies obtain feedback from them, to understand their perceptions of your business, in particular what you do well and what you could improve.
Whether during “normal” times or times of crisis, timely, objective and actionable insights generated through research projects enable businesses to maintain a competitive edge and keep close to the needs of their key stakeholders.
Given modern technology, it is possible for companies to conduct their own research ‘in house’ but that could undermine objectivity and prevent stakeholders from openly providing their views. Finger on the Pulse Research, as an independent and objective B2B research agency are best able to work with you to gather specific feedback from any stakeholder group. It is also a cost-effective solution to outsource the work rather than allocate internal resources to undertake the work.
FOTP have completed the 1st wave of the Procurement/Supply Chain QuickPulse(TM), their biannual tracking survey to understand the challenges and priorities for the Procurement and Supply Chain Professionals.
The key take-out, based on the survey findings, is that strong collaboration in trading relationships (customer-supplier) is going to be key in managing issues that are continuing to arise in the post-Covid and post-Brexit worlds.
The overall Procurement/Supply Chain Pulse Score for the 1st wave is 67.0 which reflects the recent challenges and disruption. Whilst Procurement/Supply Chain Professionals felt more confident about the next 12 months with nearly 60% stating that they expected their business performance to improve, the score was less positive when reflecting on the last year.
Of note is that only 28% of the survey respondents were “very confident” that their business can deliver goods on time, in full and without damage. As the primary KPI for the Supply Chain teams, this illustrates that the disruptive events over the last 19 months have taken their toll on companies’ ability to fulfil orders.
According to our survey, the single biggest issue today is the “Shortage of Drivers”. Whilst both Brexit and Covid have been a driver, Procurement and Supply Chain professionals were very clear that this has been an ongoing issue driven by an overall lack of training and investment over many years, causing the skills shortage we see today.
Over the longer term, survey respondents stated that “Building a more resilient supply chain” was their key strategic priority. Around 7 out of 10 professionals say their business is performing effectively against this long-term target, which underpins some of their confidence for the next 12 months.
FOTP Research plan to conduct this survey again in six months, allowing them to keep track of the challenges and trends for the Procurement and Supply Chain Professionals.
The key take-out, based on the survey findings, is that strong collaboration in trading relationships (customer-supplier) is going to be key in managing issues that are continuing to arise in the post-Covid and post-Brexit worlds.
The overall Procurement/Supply Chain Pulse Score for the 1st wave is 67.0 which reflects the recent challenges and disruption. Whilst Procurement/Supply Chain Professionals felt more confident about the next 12 months with nearly 60% stating that they expected their business performance to improve, the score was less positive when reflecting on the last year.
Of note is that only 28% of the survey respondents were “very confident” that their business can deliver goods on time, in full and without damage. As the primary KPI for the Supply Chain teams, this illustrates that the disruptive events over the last 19 months have taken their toll on companies’ ability to fulfil orders.
According to our survey, the single biggest issue today is the “Shortage of Drivers”. Whilst both Brexit and Covid have been a driver, Procurement and Supply Chain professionals were very clear that this has been an ongoing issue driven by an overall lack of training and investment over many years, causing the skills shortage we see today.
Click Here: Customer Satisfaction Survey Company
