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Table of Contents
Issue 9
April 2005
 

What do you really know about the people who buy and use your products and services? Of course, you know one very important thing – that among all the companies vying for their business, yours was the company they choose. That certainly should give you reason to congratulate yourself. But, is it enough? Unless you know what motivated them to select your company, and what would motivate them to switch to someone else, you are on very thin ice, indeed.

The question is: How do you drill down to gain an understanding of what is really bringing customers through your door? Or, conversely, what is preventing them from opening the door in the first place?

There are several answers to either question, and one comes in the form of customer satisfaction studies. The benefits of customer satisfaction studies are well established. They're immeasurably helpful in finding out if the level of service you provide is meeting customer expectations and pinpointing areas that may need shoring up.

But, customer satisfaction studies are not as useful when it comes to highlighting the emotional connection customers have with you. Granted, emotional attachments will not win the day when service or product quality falls below an acceptable standard; but, it may be the secret ingredient that keeps your loyal customers loyal.

What is the best way to uncover hidden factors that may help you stand out from the crowd? A good approach is to conduct a series of focus groups, either traditional or online, with the objective of uncovering your company's image. Are you seen as caring and compassionate to your customers when you want them to think of you as confident and knowledgeable? Are you seen as tired and out-dated when you think of yourself as cutting- edge?

Seeing yourself as your customers see you will enable you to develop marketing tools and strategic plans that will keep you competitive and place your business right where you want it to be. ‡

 

   

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