It might be surprising, but many companies don't take sufficient action on the information they receive in feedback forms or surveys. If you are taking the time to send surveys to customers or calling them for their opinion on your product or service, why not do something with the information you gather?
There are several different ways you can go about applying this information. It doesn't have to be elaborate - you might hold a team meeting or two to talk about the feedback and agree on a few key initiatives based on what you found out. Just making people aware of the feedback you receive can go a long way to helping your business improve based on the requests of your customers.
Segmenting Your Participants
One of the best things you can do with your customer feedback information is segmenting your happy customers from the disgruntled ones. In an ideal world, every customer who purchases your offering would be completely satisfied with everything. Unfortunately, this is rarely the case in the real world. However, if you receive negative feedback from a customer, it's an opportunity for you to fix the situation and turn an unhappy customer into an advocate for your business.
Follow Up When Needed
The key to both converting unhappy customers and taking full advantage of happy ones is following up. If a customer responds to your feedback request with negative information, it means there is a chance they can be converted. If they didn't care at all and had no interest in your offering, they wouldn't have responded. That's why it's critical to get in touch with people who submit negative feedback to see if you can solve their issues.
Conversely, when customers respond to your feedback request positively, ask them to give you a full testimonial or refer you to others who could use your offering. There's no better time to ask for a referral or testimonial than right after a customer has finished giving your business positive feedback. They are already thinking positively about your company and what it sells - capitalize on this state by asking them to help you help more people!
Share the Results Internally
Another common mistake we see made frequently is when companies fail to disperse the feedback results to the organization at large, instead keeping it contained to the marketing department.
Most of the time, customers won’t give you feedback about your marketing activities! They will be commenting on your operations and the way your product or service functions. Their feedback needs to reach the people who are responsible for your offering - don't let it be exclusive to the marketing department.