A feedback loop is more than just a mechanism for collecting input—it’s a powerful tool for driving continuous improvement, fostering innovation, and maintaining a competitive edge. Whether you’re enhancing customer experiences, improving internal processes, or refining a product, designing an effective feedback loop ensures you’re learning and evolving. In this blog, we’ll break down the feedback loop process into actionable steps, from setting goals to implementing changes, so you can create a system that delivers meaningful results.
What is a Feedback Loop?
A feedback loop is a structured process in which input (feedback) is gathered, analyzed, and used to inform decisions and actions. The “loop” concept refers to its cyclical nature: once changes are implemented, new feedback is collected to evaluate the impact, and the process starts again.
Types of Feedback Loops
Positive Feedback Loops: Reinforce actions that lead to desirable outcomes, encouraging more of the same behavior or decisions.
Example: Customer praise for faster delivery times motivates further investment in logistical improvements.
Negative Feedback Loops: Highlight areas for correction or change, prompting course adjustments.
Example: Product complaints lead to design improvements for better usability.
Why Feedback Loops Matter
Feedback loops are crucial for organizations aiming to:
Enhance Customer Satisfaction: Listening and acting on feedback demonstrates commitment to customer needs.
Improve Products and Services: Data-driven insights help refine offerings and stay competitive.
Boost Employee Engagement: Transparent loops in internal processes empower teams to contribute and feel heard.
Ensure Continuous Improvement: Regular evaluation and iteration keep businesses agile and adaptive.
Key Steps to Designing the Perfect Feedback Loop
1. Define Clear Goals
Before diving into the feedback process, determine what you aim to achieve. Having clear objectives ensures the feedback you collect is relevant and actionable.
How to Set Goals:
Identify the area of focus: Are you improving a product, service, or internal process?
Set measurable outcomes: Use KPIs like customer satisfaction (CSAT) scores, Net Promoter Score (NPS), or product adoption rates.
Align goals with your broader strategy: Ensure your feedback loop supports your organizational objectives.
Example Goal: Increase customer satisfaction by 15% in the next quarter by improving delivery times.
2. Collect Input
Gathering feedback is the foundation of a successful loop. Use diverse methods to capture different perspectives and insights.
Methods to Collect Feedback:
Customer Surveys: Online forms, in-app surveys, or NPS tools for quantitative insights.
Interviews and Focus Groups: Qualitative feedback for deeper understanding.
Analytics Tools: Use data from user behavior, reviews, and social media.
Employee Input: Internal surveys or suggestion boxes for operational improvements.
Best Practices:
Keep surveys concise and focused on key areas.
Use open-ended questions for qualitative depth.
Incentivize participation, such as discounts for customers or recognition for employees.
Example: Use an NPS survey to ask customers: “How likely are you to recommend our service to a friend or colleague?”
3. Analyze Results
Once feedback is collected, analyze it to uncover trends, identify pain points, and prioritize actions. This step turns raw data into actionable insights.
Steps for Analysis:
Organize Feedback: Segment data by customer demographics, product types, or regions.
Identify Patterns: Look for recurring themes, such as common complaints or frequently requested features.
Prioritize Issues: Use a framework like the Impact vs. Effort Matrix to focus on high-impact, low-effort improvements first.
Analytics platforms such as Google Analytics or Mixpanel.
Data visualization software like Tableau or Power BI.
Example: Analysis reveals that 70% of complaints stem from delayed shipping times, indicating an urgent area for improvement.
4. Implement Changes
Acting on feedback is where the loop creates value. Implementation demonstrates to stakeholders that their input matters.
Steps for Implementation:
Develop an Action Plan: Break down tasks needed to address feedback into clear steps.
Assign Responsibilities: Ensure each task has an owner and a deadline.
Communicate Changes: Let stakeholders (customers, employees, etc.) know how their feedback influenced the updates.
Tips for Successful Implementation:
Use agile methods for iterative improvements, especially in product development.
Start with pilot programs for major changes to test their impact.
Example: Based on customer feedback, a company invests in better logistics software and trains employees to reduce delivery times by 20%.
5. Close the Loop
Closing the loop means communicating the actions taken and seeking further feedback. This step is essential for building trust and ensuring continuous improvement.
How to Close the Loop:
Update Stakeholders: Inform customers, employees, or other stakeholders about the changes made.
Example: “Thanks to your feedback, we’ve improved our delivery process to ensure on-time shipments!”
Solicit Follow-Up Feedback: Gather input on the effectiveness of the changes.
Example: Use post-implementation surveys or interviews to measure satisfaction.
Track Results: Compare KPIs to the baseline to determine whether goals were achieved.
6. Monitor and Iterate
Feedback loops are not one-and-done processes—they thrive on iteration. Regularly monitor results and adjust based on new feedback.
Steps for Iteration:
Set a Review Cycle: Conduct evaluations quarterly, monthly, or as appropriate.
Scale What Works: Expand successful changes to other areas.
Evolve the Loop: Adapt the process as your organization grows or customer needs change.
Common Challenges and How to Overcome Them
1. Low Participation Rates
Solution: Simplify feedback collection methods and offer incentives for participation.
Solution: Prioritize and resource actions effectively to maintain trust with stakeholders.
Example of a Feedback Loop in Action
Scenario: An e-commerce retailer struggles with poor customer satisfaction due to delivery delays.
Set Goals: Improve delivery times by 20% within six months.
Collect Input: Conduct customer surveys and analyze shipping data.
Analyze Results: Identify bottlenecks in the logistics process.
Implement Changes: Invest in a new logistics platform and train employees.
Close the Loop: Inform customers of the improvements and monitor feedback on the updated delivery process.
Monitor and Iterate: Regularly review shipping metrics and adjust processes for further optimization.
Conclusion: Designing the Perfect Feedback Loop
A well-designed feedback loop transforms feedback into meaningful change, creating value for both businesses and their stakeholders. By setting clear goals, collecting diverse input, analyzing results, implementing changes, and iterating, you can foster a culture of continuous improvement.
Start small, measure your progress, and remember that a feedback loop is only as effective as the actions it inspires. With dedication and consistency, you can create a system that propels your organization toward long-term success.
In today’s highly competitive business landscape, understanding your customers isn’t optional—it’s essential. Customer evaluations are the cornerstone of this understanding, providing businesses with actionable insights to improve satisfaction, retention, and operational efficiency. This blog will dive deep into the importance of customer evaluations, the tangible benefits they offer, and how to implement them effectively.
What Are Customer Evaluations?
Customer evaluations are structured processes through which businesses gather feedback from their customers about products, services, or overall experiences. These evaluations can take various forms, including surveys, interviews, focus groups, or even automated feedback tools.
Key Goals of Customer Evaluations:
Understanding Customer Needs: Identifying what your customers value most.
Measuring Satisfaction Levels: Pinpointing areas of success and those needing improvement.
Building Stronger Relationships: Demonstrating that your business listens to and acts on customer input.
Why Customer Evaluations Are Critical for Businesses
1. Bridge the Gap Between Assumptions and Reality
Businesses often rely on assumptions about what customers want or need. Customer evaluations provide real-world data, replacing guesswork with factual insights. This ensures your business decisions align with actual customer expectations.
2. Enhance Decision-Making
Data-driven decision-making is a hallmark of successful businesses. Evaluations deliver the data needed to prioritize initiatives, allocate resources effectively, and identify potential issues before they escalate.
3. Foster Customer-Centricity
A customer-centric approach is critical in modern business. By regularly evaluating customer sentiment, businesses can embed customer needs into their operations, product development, and overall strategy.
The Benefits of Customer Evaluations
1. Improved Customer Satisfaction
Customer satisfaction is a key driver of success, and evaluations offer a direct way to measure and improve it. By identifying pain points and addressing them, businesses can enhance the customer experience.
Feedback-Driven Innovation: Feedback from evaluations can inspire new features or products tailored to customer needs.
Example: A software company might discover through customer evaluations that users struggle with a particular feature. By redesigning the feature based on feedback, the company not only resolves the issue but also demonstrates its commitment to user satisfaction.
2. Increased Customer Retention
Acquiring new customers is often more expensive than retaining existing ones. Evaluations help businesses nurture loyalty by showing customers that their opinions matter and their concerns are addressed.
The Role of Evaluations in Retention:
Proactive Problem-Solving: Identifying and fixing issues before customers churn.
Strengthened Trust: Customers are more likely to stay loyal when they feel heard and valued.
Example: A retailer conducts post-purchase evaluations to gauge customer satisfaction. If a customer reports dissatisfaction, the retailer can quickly follow up with a resolution, turning a negative experience into a positive one.
3. Operational Efficiency
Evaluations don’t just benefit customers—they also streamline business operations. By highlighting inefficiencies, evaluations enable businesses to optimize their processes, reducing costs and improving productivity.
Ways Evaluations Boost Efficiency:
Spotting Workflow Bottlenecks: Feedback may reveal areas where processes are causing delays or frustration.
Prioritizing Efforts: Evaluations help businesses focus on the changes that will deliver the greatest impact.
Example: A logistics company uses customer evaluations to identify recurring issues with delivery times. By addressing these problems, the company not only improves customer satisfaction but also reduces operational inefficiencies.
Implementing Effective Customer Evaluations
While the benefits of customer evaluations are clear, their success depends on implementation. Below are steps to ensure your evaluations are impactful:
1. Define Clear Objectives
Before conducting evaluations, establish clear goals. What do you want to learn? Common objectives include:
Measuring satisfaction with a specific product or service.
Understanding customer expectations.
Identifying areas for improvement.
Tip: Align your objectives with broader business goals for maximum impact.
2. Choose the Right Evaluation Methods
The method you choose will depend on your objectives and customer base. Common methods include:
Surveys: Best for collecting quantitative data. Tools like Net Promoter Score (NPS) or Customer Satisfaction Score (CSAT) are popular options.
Interviews or Focus Groups: Ideal for gaining qualitative insights.
Automated Feedback Tools: Streamline the evaluation process, especially for high-volume customer interactions.
3. Ask the Right Questions
The quality of your evaluation depends on the questions you ask. Keep them:
Clear and Concise: Avoid jargon or overly complex phrasing.
Relevant: Focus on aspects of your product or service that you can influence.
Actionable: Ask questions that lead to insights you can act upon.
Example Questions:
How satisfied are you with your recent experience?
What is one thing we could do to improve your experience?
Would you recommend our product/service to others?
4. Analyze and Act on Feedback
Gathering feedback is only the first step. The real value comes from analyzing and acting on the data. Use tools like dashboards or data visualization software to identify trends and actionable insights.
Steps to Take:
Segment Feedback: Group responses by customer type, product, or region for deeper insights.
Prioritize Actions: Focus on high-impact areas first.
Close the Loop: Communicate with customers about the changes you’ve made based on their feedback.
Tip: Regularly share findings with your team to align everyone on customer priorities.
5. Monitor and Iterate
Customer needs and expectations evolve, so evaluations should be an ongoing process. Regularly monitor the effectiveness of your evaluation strategy and make adjustments as needed.
Example: A hospitality company might implement quarterly surveys to track changing guest preferences over time, ensuring their services stay relevant.
Common Challenges and How to Overcome Them
While customer evaluations are invaluable, they come with challenges. Here’s how to address some common hurdles:
1. Low Response Rates
Solution: Simplify your evaluations. Short surveys and clear incentives (e.g., discounts) can boost participation.
2. Biased Responses
Solution: Use diverse methods to gather feedback, ensuring a representative sample.
3. Inability to Act on Feedback
Solution: Prioritize actionable insights and ensure you have the resources to implement changes.
Conclusion: The Power of Customer Evaluations
Customer evaluations are more than a tool—they’re a strategic asset. By understanding and acting on customer feedback, businesses can achieve:
Happier customers through improved satisfaction.
Loyal customers who drive long-term growth.
Efficient operations that save time and money.
Whether you’re a startup or an established enterprise, investing in customer evaluations is one of the smartest decisions you can make. Start small, iterate, and always keep your customers at the heart of your efforts.
With the right approach, customer evaluations can transform your business, turning challenges into opportunities and insights into action. Your customers are your most valuable asset—make sure their voices are heard.
Customer success management (CSM) has become a pivotal focus for businesses looking to enhance customer satisfaction, reduce churn, and drive growth. As we move into 2024, several emerging technologies, industry shifts, and future predictions are shaping the landscape of customer success. This blog explores these trends in depth, offering insights into how companies can stay ahead in this evolving field.
1. Artificial Intelligence (AI) and Machine Learning (ML)
AI and ML continue to revolutionize customer success management by providing advanced analytics, predictive insights, and automation capabilities. These technologies enable businesses to understand customer behaviors better, anticipate needs, and deliver personalized experiences.
Predictive Analytics: AI-driven predictive analytics allows companies to forecast customer behaviors such as potential churn, product adoption rates, and customer lifetime value. By analyzing historical data, AI can identify patterns and trends that human analysts might miss, enabling proactive interventions.
Personalization: ML algorithms can analyze customer data to create highly personalized experiences. From tailored product recommendations to customized communication strategies, personalization driven by AI can significantly enhance customer satisfaction and loyalty.
Automation: Routine tasks such as data entry, follow-up emails, and customer feedback collection can be automated using AI. This not only improves efficiency but also frees up customer success teams to focus on more strategic activities.
2. Digital Transformation
Digital transformation is reshaping customer success strategies by leveraging cloud-based tools, enhanced data integration, and digital engagement channels. The shift to digital platforms is essential for businesses aiming to stay competitive in today’s tech-savvy market.
Cloud-Based Tools: Cloud-based CSM platforms offer flexibility, scalability, and remote access, allowing teams to collaborate in real-time and share data seamlessly. These tools are particularly beneficial for businesses with distributed teams or remote work policies.
Data Integration: Integrating CSM tools with other business systems such as CRM, ERP, and marketing automation platforms provides a holistic view of customer data. This integration enhances decision-making and enables a unified approach to customer engagement.
3. Proactive Customer Success
A proactive approach to customer success focuses on anticipating customer needs and addressing potential issues before they escalate. This shift from reactive to proactive strategies is driven by advanced data analytics and customer health scoring.
Customer Health Scoring: Customer health scores are calculated using real-time data on engagement, product usage, and customer satisfaction. These scores help customer success teams identify at-risk customers and prioritize support efforts accordingly.
Proactive Outreach: Automated alerts and triggers based on customer behavior enable proactive outreach. For example, if a customer’s engagement drops, an automated email or notification can prompt a check-in from the customer success team.
Predictive Maintenance: In industries where product uptime is critical, predictive maintenance driven by AI can identify potential issues before they occur, reducing downtime and improving the customer experience.
4. Customer Success Metrics and KPIs
Tracking the right metrics and KPIs is crucial for measuring the effectiveness of customer success initiatives. In 2024, businesses are focusing on a more comprehensive set of metrics that provide deeper insights into customer health and success. It is important to blend quantitative and qualitative metrics from both the organizations in one overview. On top of this, there are some business value metrics that are also strong indicators for customer success. Specific surveys for the involved teams are key to increase the response rate, as well as the accuracy of the data. Tracking the right metrics and KPIs is crucial for measuring the effectiveness of customer success initiatives. In 2024, businesses are focusing on a more comprehensive set of metrics that provide deeper insights into customer health and success. To achieve this, blending quantitative and qualitative metrics, along with specific surveys and business value metrics, is essential. This multi-metric approach moves beyond traditional tools like NPS and CES, which often suffer from biases, offering a more accurate and holistic view of customer success.
Comprehensive Metrics and KPIs for Customer Success
Quantitative Metrics
Customer Lifetime Value (CLV): This metric estimates the total revenue a business can expect from a customer over their lifetime. CLV helps identify high-value customers and tailor strategies to maximize long-term value.
Churn Rate: Churn rate measures the percentage of customers who stop using a product or service over a given period. Analyzing churn data reveals common pain points and areas for improvement.
Monthly Recurring Revenue (MRR) Growth: Tracking MRR growth provides insights into revenue stability and growth potential. It helps assess the effectiveness of upsell, cross-sell, and retention strategies.
Customer Health Score: This composite score uses data on engagement, product usage, and satisfaction to assess overall customer health. It helps prioritize support efforts and identify at-risk customers.
Qualitative Metrics
Customer Satisfaction (CSAT): CSAT surveys provide direct feedback on customer satisfaction levels with specific interactions or overall experience. This metric offers actionable insights for improving service quality.
Product Feedback: Collecting qualitative feedback on product features and usability helps identify areas for enhancement and innovation. Regularly updating the product based on user feedback ensures it meets customer needs.
Sentiment Analysis: Analyzing customer sentiments from feedback, reviews, and social media interactions provides insights into customer emotions and opinions. Understanding sentiment helps address concerns and improve satisfaction.
Business Value Metrics
Net Revenue Retention (NRR): NRR measures the revenue retained from existing customers, including upsells, cross-sells, and downgrades. A high NRR indicates successful retention and expansion strategies.
Customer Acquisition Cost (CAC): CAC measures the cost of acquiring new customers. Balancing CAC with CLV ensures sustainable growth and profitability.
Expansion Revenue: Tracking revenue generated from existing customers through upsells and cross-sells provides insights into the effectiveness of customer success efforts in driving additional value.
Specific Surveys and Multi-Metric Approach
Employee Feedback Surveys: Surveys targeting customer success teams and other involved departments gather insights on internal processes and collaboration. High response rates and accurate data from these surveys help identify areas for improvement.
Customer Feedback Surveys: Specific surveys tailored to different customer segments and touchpoints ensure relevant and actionable feedback. Segmenting surveys by customer journey stages provides a comprehensive view of customer experiences.
Blending Metrics: Combining quantitative and qualitative metrics offers a holistic view of customer health. For example, pairing NPS with sentiment analysis provides deeper insights into customer loyalty and underlying sentiments.
Specific surveys for involved teams, such as customer success, support, sales, and product teams, are crucial for increasing the response rate and accuracy of data. These surveys should be designed to capture insights on collaboration, process efficiency, and customer interactions, offering a well-rounded perspective on customer success initiatives.
Moving Beyond NPS and CES
While Net Promoter Score (NPS) and Customer Effort Score (CES) have been widely used, they often suffer from biases and limitations. NPS can be influenced by recent interactions and does not provide insights into specific areas needing improvement. Similarly, CES focuses on ease of interaction but may not capture overall satisfaction or loyalty.
Limitations of NPS and CES:
Biases: Both NPS and CES are subject to biases based on recent experiences, customer mood, and interpretation of survey questions. These biases can lead to skewed results and inaccurate assessments.
Lack of Depth: NPS and CES provide high-level insights but lack the granularity needed to identify specific issues and actionable areas for improvement.
Multi-Metric Approach:
Holistic View: Combining multiple metrics offers a more comprehensive view of customer health and success. This approach mitigates the biases of individual metrics and provides a balanced perspective.
Actionable Insights: Blending quantitative and qualitative data helps identify specific pain points and opportunities for enhancement, enabling more targeted and effective customer success strategies.
Continuous Improvement: Regularly updating and refining metrics based on feedback and evolving business goals ensures that customer success initiatives remain relevant and impactful.
Future Predictions and Best Practices
Looking ahead, several trends and best practices will shape the future of customer success management metrics and KPIs.
Increased Use of AI and ML: AI and ML will play a crucial role in analyzing customer data, predicting behaviors, and providing personalized recommendations. These technologies will enhance the accuracy and relevance of customer success metrics.
Real-Time Analytics: Real-time data analytics will enable businesses to monitor customer health and engagement continuously. This immediate insight allows for timely interventions and adjustments to customer success strategies.
Enhanced Data Integration: Integrating customer success metrics with other business systems, such as CRM, ERP, and marketing platforms, will provide a unified view of customer data. This integration ensures that all teams have access to the same insights, fostering collaboration and consistency.
Focus on Customer-Centric Metrics: Metrics that directly reflect customer experiences and outcomes will become increasingly important. Businesses will prioritize metrics that provide actionable insights into customer satisfaction, loyalty, and value realization.
Customized Metrics: Companies will develop customized metrics tailored to their specific industries, business models, and customer segments. These bespoke metrics will provide more relevant and accurate insights, driving better decision-making.
Tracking the right metrics and KPIs is essential for effective customer success management. In 2024, businesses are adopting a multi-metric approach that blends quantitative and qualitative data, leverages specific surveys, and incorporates business value metrics. Moving beyond traditional tools like NPS and CES, this comprehensive approach provides a deeper and more accurate view of customer health and success.
By embracing these trends and best practices, businesses can enhance their customer success initiatives, improve customer satisfaction and loyalty, and drive sustainable growth. The future of customer success management lies in leveraging advanced technologies, integrating diverse metrics, and maintaining a customer-centric focus, ensuring that every aspect of the business aligns with the goal of delivering exceptional customer experiences.
5. Customer Success Technology and Tools
The market for customer success technology is expanding rapidly, with new tools and platforms emerging to address various aspects of customer success management. These technologies enhance the efficiency and effectiveness of customer success teams.
Customer Success Platforms: Comprehensive platforms like Gainsight, EvaluationsHub, Totango, and ChurnZero provide a suite of tools for managing customer success. These platforms offer features such as health scoring, automated workflows, and detailed analytics.
AI-Powered Chatbots: Chatbots powered by AI provide instant support, resolving common queries and issues without human intervention. This improves response times and customer satisfaction while reducing the workload on support teams.
Customer Feedback Tools: Tools like SurveyMonkey, Qualtrics, and EvaluationsHub enable businesses to collect and analyze customer feedback. These tools help in understanding customer needs and preferences, driving continuous improvement.
6. Industry Shifts and Predictions
As customer success continues to evolve, several industry shifts and future predictions are shaping the direction of CSM strategies.
Customer-Centric Culture: Businesses are increasingly adopting a customer-centric culture, where customer success is integrated into every aspect of the organization. This cultural shift ensures that customer success is not just a function but a core value. Expansion of Customer Success Roles: The role of customer success is expanding beyond retention and satisfaction to include revenue growth and customer advocacy. Customer success managers (CSMs) are becoming integral to upsell and cross-sell strategies. Focus on Customer Education: Providing customers with the knowledge and resources they need to succeed is becoming a priority. Educational content, such as webinars, tutorials, and knowledge bases, helps customers fully utilize products and services. Data Privacy and Security: With increasing concerns about data privacy, businesses must ensure that their customer success practices comply with regulations like GDPR and CCPA. Protecting customer data is essential for maintaining trust and loyalty.
Sustainability and Social Responsibility: Customers are increasingly valuing companies that prioritize sustainability and social responsibility. Businesses that integrate these values into their customer success strategies can differentiate themselves and build stronger customer relationships.
7. Community Building and Engagement
Building a community around a product or service fosters a sense of belonging and loyalty among customers. Community engagement is becoming a critical component of customer success strategies.
Online Communities: Creating online forums, social media groups, and discussion boards allows customers to connect, share experiences, and support each other. These communities provide valuable insights and feedback for businesses.
Customer Advocacy Programs: Encouraging satisfied customers to become advocates can drive word-of-mouth marketing and referrals. Advocacy programs often include incentives, recognition, and exclusive benefits for loyal customers.
Events and Webinars: Hosting events and webinars helps businesses engage with their customers, share knowledge, and showcase product updates. These events also provide networking opportunities for customers and foster a sense of community.
8. The Role of Data Analytics
Data analytics plays a crucial role in customer success management by providing actionable insights and driving data-driven decision-making.
Behavioral Analytics: Analyzing customer behavior data helps businesses understand how customers interact with their products and services. This information is essential for optimizing the customer journey and improving user experience.
Sentiment Analysis: Sentiment analysis tools can gauge customer emotions and opinions based on feedback and social media interactions. Understanding customer sentiment helps businesses address concerns and improve satisfaction.
Advanced Reporting: Modern customer success platforms offer advanced reporting capabilities, allowing businesses to track key metrics and generate detailed reports. These reports provide a clear picture of customer health and success, guiding strategic decisions.
9. Collaboration Between Teams
Effective customer success management requires collaboration between various teams within an organization, including sales, marketing, product, and support.
Integrated Workflows: Integrating customer success workflows with other departments ensures that everyone is aligned and working towards common goals. This collaboration enhances the overall customer experience and drives better outcomes.
Shared Goals and Metrics: Establishing shared goals and metrics between teams fosters a sense of accountability and cooperation. For example, aligning customer success and sales goals can improve upsell and cross-sell opportunities.
Regular Communication: Regular communication and collaboration between teams help identify and address customer issues promptly. Cross-functional meetings and collaborative tools facilitate this communication.
Conclusion
As we move into 2024, the trends in customer success management highlight the importance of leveraging advanced technologies, adopting proactive strategies, and fostering a customer-centric culture. By embracing these trends, businesses can enhance customer satisfaction, reduce churn, and drive long-term growth. Staying ahead in the ever-evolving field of customer success requires continuous learning and adaptation. By keeping up with the latest trends and incorporating them into their strategies, businesses can ensure that they meet the evolving needs of their customers and achieve sustained success.
Your Key to Understanding What Matters to Your Buyers
Why this book?
Another start to the year where I promise myself to do more sports. Likewise, I hear sales managers making loose promises to be even more customer-centric, focused, or, yes, why not, customer-obsessed. And yet, similar to my six-pack that will likely never come, sales managers keep firefighting (little) problems and don’t really get their organization centered around the customer.
The buyer is changing, but not as fast as LinkedIn posts or sales conference presentations might tell you. The change is based on little incremental steps. Try to understand the buyer a bit better, and they will lower their guard.
What do your customers want to share with you? I have written it down in this book, The Buyer’s Balance. I wrote it in a similar way as I would explain it to business managers over dinner: to the point, not too academic, and not fluffy.
On a personal note, I feel proud that I didn’t use any Gen AI to write 270 pages and that 50% of my royalties will go to support promising cancer research.
This is the backcover text of the book The Buyer’s balance.
“Have you ever wondered why satisfied customers don’t always stay loyal customers? Why do so many companies adopt new sales or enabling technologies, but still fail to see the expected increases in turnover or customer satisfaction? And why do buyers always expect more from your company, despite your yearly innovations? The answer is both complicated and simple. It’s complicated because it requires changing outdated thinking and processes. However, understanding your customer becomes simple when you start thinking like a buyer. As you read this book, you will put on your buyer’s goggles and learn how to provide greater value to your customers. Create a smarter, more balanced customer experience based on customer insights.”
How to get a copy of The Buyer’s Balance?
Easy. You can choose from a wide range of online bookstores via this link, or get your copy in Standaard Boekhandel or Fnac in Belgium.
