Client Newsletter - Third Quarter 2009
IN THIS ISSUE

Please Help Us Help You

A Tale of Two Burgers

How Important Customer
Care Actually Is


QUICK LINKS

UPCOMING SEMINARS
& CONFERENCES

"Understanding Customers
to Drive Business:
Financial Linkage,
Social Networks and
Preference Measurement"
October 2
Philadelphia, PA
www.trchome.com

AMA Annual Marketing
Research Conference
October 4-7
Palm Desert, CA
www.marketingpower.com

CASRO Annual Conference
October 14-16
Colorado Springs, CO
www.casro.org

IIR's "The Market
Research Event 2009"
October 18-21
Las Vegas, NV
www.iirusa.com

"Tools for Maximizing
Brand Potential"
October 25-27
Philadelphia, PA
www.pmrg.org

SURVEY - Thanks so much to those who filled out our spring survey and especially for your comments. This helped us identify and, therefore, address several issues of concern.


Lessons from the Lingering Recession

A lingering recession provides the opportunity to analyze yourself and your business. As a result, throughout this summer, business leaders are showing a propensity to reinvent themselves and/or their companies.

Here are some examples for you to ponder:

  1. Profitability - Most companies can carry an unprofitable line of business for up to six months...18 to 24 months is another story. Analyze the profitability of every product and service line in your business and follow the easy money.

  2. Right people in the right jobs - Jim Collins (author of Good to Great) disdains the profit and energy drain that comes with hiring the wrong people or worse yet keeping the wrong people in the wrong job. Align all your personnel during this time. Let your B and C players go and hire A players that are now available. A sure sign that the recession is closing will be the sudden drop off in A-player availability.

  3. Build upon strengths; delegate weaknesses away - Deepak Chopra wisely said "strengthen your strengths and let someone else handle your weaknesses." Quit trying to improve weaknesses. Think about whether you have a job or an avocation. Adjust your course as necessary. Are you in the right place at the right time? Could you be more motivated to work? If you are working for money or because you 'have to,' then you need to find something new to do.

From the July 31, 2009, Smart Solutions Newsletter (office@smartgrowth.com)

Please Help Us Help You

If you have any questions or concerns about a shop, please send a copy of it to laura@CustomerPerspectives.com within two weeks of the shop date so she can adequately research it for you. It's very difficult for shoppers to remember additional details from shops conducted a month - or even weeks - before.

A Tale of Two Burgers

No doubt you've had the experience of traveling along the highway with a rumbling stomach when, all of a sudden, there's a billboard advertising a juicy, mouthwatering, cheesy hamburger, available within seconds at the fast food joint only one short exit away. Agreeing with your stomach that it sure looks good, you speed up a bit to get there faster, dreaming of splashing it all down with a cold drink. But as you get ready to devour your meal-in-a-box, reality hits. This burger looks nothing like the picture. In fact, it looks more like a two-year-old slapped it together from pieces of other burgers. You, my friend, have just experienced one of the underlying themes shoppers complain about most often: a disconnect between a brand's image and the actual customer experience.

If your store's brand doesn't match your typical customer's experience, get on the phone to HR right now. You may not have much time to undo the damage that's been done. While many customers will put up with an occasional snafu in service or expectations, consistently disconnecting from your brand with bad customer service and substandard products will kill interest in your product. When this happens, your only hope is to prioritize the training and monitoring of your frontline staff to revive public interest and match your service and product with those pretty pictures in your advertisements. Read more.....

From the July 29, 2009, edition of mysteryshoppinglive.com

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Your ROI

We are gathering Return on Investment data from our clients. Do you have any quantifiable or even anecdotal information you can share about the value of your mystery shopping program? If so, please contact judi@CustomerPerspectives.com or 800-CPSHOPS (277-4677), ext. 101.

How Important Customer Care Actually Is

As the world now knows, last year a guitarist named Dave Carroll was sitting in a window seat on a United plane at O'Hare airport in Chicago when he looked out and saw baggage handlers hurling guitar cases through the air. He pointed it out to flight attendants; they responded with indifference. When he arrived in Nebraska, he found that his instrument had been smashed. After months of complaining to the airline and getting no response, he wrote and performed a song, "United Breaks Guitars," and posted it on YouTube. It was viewed more than 3 million times in its first 10 days. Across the world in China, Wang Jianshuo, a famed blogger, posted about a United flight he took to the U.S. A surly flight attendant refused to help an elderly passenger stow his carry-on luggage. The audio on the movie channels didn't work. The overhead lights turned off and on the entire trip. His return trip was worse: The plane sat on the tarmac for three hours and then was cancelled until the next day because of a fuel leak. Read more...

From the August 4, 2009, edition of www.mysteryshoppinglive.com.

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PROFITABILITY

"A 5% improvement in customer retention can lead to over 25% profit improvements."
(Bain & Co. - Harvard Business Review, 1993)

"Companies with the highest customer loyalty typically grow revenues at twice the rate of their competitors."
(Fred Reichhold - The Ultimate Question)


Visit our website at
www.customerperspectives.com

 

 

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