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4 Customer satisfaction surveys A “customer satisfaction survey” is a quantitative investigation into the degree to which customers are satisfied with a product or service. Customer satisfaction surveys can be used in strategies for subsequent business deployment and product development. Survey methods may involve filling out questionnaire survey forms or interviews and discussions, etc. Features Questionnaire survey This method makes it possible to collect many replies, and analyze the trends and needs of the entire market. Interview/discussion This method makes it possible to obtain specific and honest replies, and analyze the values and needs of individuals. Customer satisfaction is generally surveyed using the following procedure. Determine the survey method Create questionnaire survey forms or interview items Conduct survey Tally and analyze survey results “One-to-one marketing” is an approach that addresses individual customer needs separately, rather than targeting the market as a group. Reference Target Marketing “Target marketing” is an approach that involves conducting strategic marketing activities by narrowing down the target to a particular small customer segment. Activities are carried out after narrowing the customer segment down to a certain degree. For example, conducting marketing activities aimed at a wealthy segment living in luxury apartments. Reference Customer Loyalty “Customer loyalty” is a customer’s trust in or affinity towards a product or service. In other words, it is the state of mind in which a customer who has shopped at a certain store feels compelled to shop at the same store again the next time. When a customer has strong loyalty toward a product, it tends to lead to behavior that is favorable for the corporation such as repeat purchases and spreading praise about the product through word-of-mouth. Business strategy Determine the product or service to be surveyed One-to-One Marketing Chapter 2 Survey methods Reference 2-1-3 Business strategy and goal/evaluation When planning a business strategy, it is important to analyze information and utilize it to establish goals and conduct evaluations. The typical techniques for analyzing information are summarized below. 1 BSC (Balanced Score Card) “BSC” is a technique for evaluating performance in a balanced way by clarifying a corporation’s goals and strategies and evaluating not only performance expressed numerically, but also operations from various viewpoints. BSC is used as a method for planning, executing, and managing business strategies. Reference BSC “BSC” is a performance evaluation system developed by Harvard Business School professor, Robert S. Kaplan, and strategy consulting company president, David P. Norton. Abbreviation for “Balanced Score Card.” 72