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Are your customers satisfied?
Satisfaction studies are also known as customer satisfaction surveys and are used to measure how satisfied the customers are with the product or service offered. The feedback can be used to address customer pain points and to enhance customer experience and increase customer loyalty.
Satisfaction studies are important for several reasons, including:
- Understanding customer needs and preferences: Businesses can use satisfaction studies to understand the customers’ wants and needs from their products or services. This can help in the improvement of the existing products or services as well as in the development of new products to meet customer demand.
- Alleviating customer pain points: By understanding the pain points in the customer journey, companies can ease the process and provide customers with a stellar customer experience.
- Increasing customer loyalty: If the customers are happy with the offered products or services, they are more likely to become loyal customers as well as recommend to friends and family and increase brand reputation.
- Benchmarking performance: Satisfaction studies can be very useful to compare the performance of a business to industry standards and competitors. This can help in finding areas of improvement to remain competitive.
How we conduct satisfaction studies
Surveykshan has several methods to conduct customer satisfaction studies. The best method is used based on the research objectives, target audience and available resources.
Surveys
Surveys are one of the most popular ways to measure customer satisfaction. These can be used to get feedback on various aspects of the product or service and can be administered online, by phone, through the mail and in person.
Focus Group
A Focus Group involves a small group of customers who discuss their experience with the product and services. This discussion is typically moderated by a market research professional and helps in identifying areas of improvement.
Interviews
Interviews can be conducted in-person, over the phone or via video conference and can be very helpful in getting in-depth feedback and insights into the customers' experiences with the product or services.
Social Media Listening
We can monitor the various social media channels to get information on what the customers are saying about the product or services offered by the company. This can provide us with insights into the patterns in customer satisfaction and dissatisfaction.
Online Reviews
Online reviews are a great source of information that can be used to keep an eye on customer satisfaction. By aggregating and analysing online reviews we can identify common themes and issues and inform product development and customer service.
Net Promoter Score (NPS)
NPS is a great method to measure customer loyalty and satisfaction by asking customers how likely they are to recommend the company's product and services to others. This can be asked in-person or by mail and the responses are taken on a scale of 0-10.
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