April 14, 2024

Business Bib

Business & Finance Blog

Identify the Expectations through Customer Satisfaction Survey

2 min read

Customer’s expectation and satisfaction set the bar for the success of the business as it influences their decision on repeating the purchase or service with the company. At any point, if a buyer feels that the organization is unable to meet their demands and requirements, they will decide to look for the alternative and will never repeat their purchase with the same brand. On the other hand, if you are delivering the quality of product or service beyond their expectations, then you can be assured that they will repeat their transaction and will become a loyal customer for the brand. A loyal customer is the most effective marketing tool for any business because if they are satisfied and happy, they will do a word-of-mouth for a particular brand. Therefore, it becomes essential to frequently conduct a customer satisfaction survey to evaluate their feedback, which will make them feel that they are valued for the successful operations of a business. Hence, it is really essential to understand what the customer’s expectations from your business are.

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  • They expect service basis –Of course, they are not buying your product or service for free of cost and thus, it becomes a natural tendency to expect more when they are paying more for your brand. The cost has never been a factor to retain the client. It is the quality of service that encourages the buyer to repeat their purchase with a particular brand.
  • Quality service is the key to exceeding the expectations – As the quality of service is the major factor to influence the decision to repeat the purchase, it is crucial that the organizations stand to meet the expectations of its buyers. But, the question for many organizations is that how to evaluate the level of satisfaction? In this case, evaluating NPS score can help a business to identify the group of happy and unhappy customer base and put efforts for turning unhappy into happy ones.
  • Buyer expectations are duel-leveled –It is found in a customer satisfaction survey that the buyer’s expectations had two levels, that is, desired and sufficient. The sufficient level is when the customer finds the service acceptable, whereas, the desired level is something when the customer expects to obtain the service.
  • Manage promises –Find the answers that what is making the detractors group on the net promoter score? It is because whether you failed to keep the promises or you failed to meet their expectations? Always remember to manage the commitments as it will build the brand loyalty among the customers.