Marketing Information |
Why Surveying Matters
What is the single most important thing you can do as a business owner? That is a question that this week I think I have found an answer to. The answer? Keep your ear to the marketplace by listening to your customers. Ford's Mistake In the early 1920's Henry Ford launched his assembly-line produced Model T. The car was relatively inexpensive, yet of good quality for the time. In order to reach production goals, the company decided to offer only one color of the car-black. "You could have any color you wanted, as long as it was black", the saying went. With this strategy, Ford quickly dominated the market, capturing up to 57% of the car market at its height. It was a brilliant initial strategy, but Ford eventually faltered. He simply forgot to listen to his customers that were asking for additional color options. General Motors saw this trend, and capitalized on it, producing cars in a multitude of color options and quickly taking back much of the Ford market share gains. With all the innovative ideas, industry-changing processes, and brilliant strategies Ford came up with, he forgot the most basic principle-the business owner rarely knows better than his or her customers. Surveying Your Clients There are a few ways to listen to your clients. Most business owners, at least in the early stages, maintain contact with and speak with at least a few clients each week. This is a good start, but I have found that it is not enough to speak with only our large clients-as these clients often have very different requirements that an average user. The best way that I have found to be able to get feedback from our full client base is by sending a survey. Surveys can be sent either by mail or via the web. I would recommend sending web-based surveys over printed surveys as it is much less expensive and provides a higher response rate and a quicker return of information. Within IntelliContact Pro, the email marketing software my company Broadwick has developed, there is an included web-based surveying tool called IntelliSurvey that allows anyone to easily create, send, and receive results from web-based surveys. In sending a survey, there are a few questions that can be especially helpful to ask. These questions include:
Generally I would recommend leaving these types questions open ended. You can also ask non open ended questions such as "On a scale of 1-10, how satisfied are you with our customer service?" or "Which of these five features add-ons would benefit you most?" Once you have deployed your survey, the next step is to wait for the responses to come in. While this may vary by industry, I've found about 90% of the total responses will come in during the first 72 hours after deployment of a web-based survey. With IntelliContact Pro, you can always review and export the results to Excel at any time whether you want to review the initial responses after an hour or download the final results after a week. I've seen response rates for web-based surveys range from 5% to 50% depending on the number of questions, the type of list, and how well your customers know you. When we survey our IntelliContact client-base we generally receive about a 10-15% response rate. Our last survey, sent out on July 22, 2005 had five questions and received 295 responses out of a total 2350 clients who received the survey. Reviewing the Results Once you have the results, the next and very important step is to review them. If you have more than a few dozen responses, I would recommend creating a Feedback Summary Document that categorizes each reported method for improvement and tabulates the number of times a similar request comes up. At the end of this process, you'll be able to get a very good idea of why your clients like your product or service and what they feel can be done to improve it, probably the two most important pieces of information you can have as a business owner. With this information you can create an improved roadmap for your product that will allow you to stay competitive and provide the product that your customers want. In addition to being able to create this improved roadmap, you'll also likely have a number of very good testimonials or case study material that you can use from the answers to the "what do you like" and "how do you use it" questions. As an example, my company Broadwick has collected and published a number of case studies and customer testimonials that have come from past client surveys at http://www.intellicontact.com/casestudies/ Implementing the Changes Once you have a good idea of what the most requested improvements are, you can consider how and when to implement these changes. Depending on your production or development cycle, it may take days or months to make some of the requested changes. Know that not all clients will want the same things. Some may even want changes or new features that conflict-causing you to have to consider offering multiple product lines or completing custom work. When you have made some or all of the requested improvements be sure to get additional feedback from your clients prior to launching your new version or improved offering. One of the larger mistakes that I've made to date in my still young business career is not getting sufficient client feedback prior to launching a new version of my email marketing product to the full user base a few months ago. If we had allowed access to a few clients to review the new version prior to launch-we likely could have averted a number of the bugs and headaches that occurred after the launch. We since have changed our development process so that this type of beta client review is possible. In your organization, depending on what type of product you are selling certainly consider showing an early version of your new offering to some clients or holding a focus group session to get the very valuable post-change feedback prior to launch. Giving your client, and prospects for that matter, a role in the development of your product will help them feel valued and also be more likely to want to purchase your new product after launch. Here is a review of the seven step feedback process I've discussed: Finally, I'll leave you with a few best practice guidelines for sending out a web-based survey to your client base.
Ryan Allis is a nationally recognized expert on email marketing. Ryan is the CEO of Broadwick Corp, providers of the email marketing software IntelliContact Pro. For additional information on email marketing software and web-based surveying, visit http://www.email-marketing-software-resource.com.
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Getting New Clients - When Only a Few is More Than Enough Many of the business owners I speak with are looking for a relatively small number of new clients. It isn't that they're not ambitious, it's just the size of their businesses doesn't warrant a larger objective. Write Effective Fundraising Letters By Being Conversational (Includes Examples & Samples) I am doing what you do, sitting at my computer, trying to get my thoughts out of my head and into a written form that will help you make a decision. In this particular case, I am trying to write a few intelligent remarks about sounding conversational on paper. Two of the Biggest Hurdles As I was preparing for a presentation recently, I was trying to figure out why small businesses have trouble marketing themselves consistently. If we know we need to be marketing, why don't we just do it? Is it for a lack of planning or that we're just not sure what to do or where to start?Yes, maybe. Misrepresentation - Through Silence! We're back to the subject of ethics, more specifically, business ethics.But unlike ethical dilemmas we've discussed in the past -when people are confronted with bizarre, freak circumstancesthey had never planned for, and then face agonizing choicesregarding how to react - I'm now talking about cases wherepeople willfully and proactively steer events in a certaindirection. Marketing Secrets #101- Your Most Important Sale Which sale is the most important one you will ever get from a client?I'll bet you're thinking it's your first sale with a new client. Well, it's not. Forget Conventional Marketing - Embrace the Web! Tactical marketing processes are once again undergoing fundamental shifts from traditional to web-based processes. Many traditional marketing firms/agencies are still touting the tried and true to their clients; i. A Successful Solution: 10 Things to Consider A provocation for the coming year, decade, century or millennium.By now, you've set a working direction for the year, established clear-cut objectives. Are You Overlooking Your Hidden Profit Centers? There are other names given to "Back-End Selling". You may think of it as follow through, or maybe VALUE added. Direct Mail Marketing Done Correctly, Cannot Fail So how do you do it?Direct mail marketing. When it comes to marketing your product or services there are two basic challenges:1. Marketing On The Cheap: Join The What? Your local Chamber of Commerce.Now before you stop reading, I assure you this really works, and no, this is not an advertisement for the Chamber of Commerce although it may read like one. Motivating Shoppers with Online Coupons (Part 2 of 2) Last time we discussed how online coupons and promotion codes can motivate buyers. We discussed examples of coupons and some of the aspects of these offers that can boost sales and generate urgency to a purchase. Top 10 Tips To Market & Build Your Professional Practice In building and running a professional practice (or any small business or a home-based business), there are many items that must be monitored closely. As a small operation, you can't afford to find out too late that a critical aspect of your business has gotten off-track! This list looks at 10 items to emphasize at the start of a new year, or any time you want to rapidly grow your business in a short period of time. Big Money With Folios One of the easiest, if not the easiest, ways of getting startedwith a profitable mail order business of your own is through thepromotion and sale of money-making folios or reports. Generally, the beginner purchases a series of thesereports-complete with reproduction rights. If My Work is Good Enough "If My Work is Good Enough, I Shouldn't Have to Market, Right?"Don't you think that good work should speak for itself.. Develop Your Curiosity And Increase Profits If anyone was to ask me what my greatest strength was I'd say curiosity. The reason I would say that is because curious people learn a lot. Connecting With Your Clients Many service professionals tell me that they are uncomfortable with the idea of marketing -- like marketing is a bad word! For some, "marketing" brings up images of telemarketers, aggressive sales people, and feelings of resentment at being invaded. But marketing is really about connecting with your customers. Effective Marketing For any business to be successful whether on or offline it has to be marketing effectively. You are going to need more than a great looking site with fabulous products or services to obtain success. Two Methods of Marketing Using Joint Ventures Whether you're a contractor a local merchant with 150 employees, whichever, however or whatever, you've got to know how to keep your business alive during rougheconomic times. Anytime the cash flow in a business,large or small, starts to tighten up, the money management of that business has to be run as a "tight ship. Do You Get Attention With Your 30-Second Introduction? I went to a networking event the other day where the meeting leader said, "We're going to skip doing the 30-second introductions today because mine's so bad and it doesn't work that it nauseates me." I thought to myself, WOW! I'd skip the next networking meeting until I'd worked out a new introduction. How to Create a Countdown Marketing Calendar Just like there are reverse dictionaries, there is a reason to create a count down calendar. A count down calendar starts with Franklin Covey's philosophy, "start with the end in mind. |
home | site map | contact us |