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Profit from Customer Feedback™

Sales & Marketing Survey Solutions

 

Overview

CustomerSat Sales & Marketing Solutions Manages Responsive Actions and Delivers Analytics that together:

Prospect Qualification

  • Improve sales performance by quickly identifying "hot" leads, leading to immediate action for the real sales opportunities

Win/Loss

  • Drive sales by uncovering the reasons you won and lost a sale.

Brand Equity & Awareness

  • Measure brand impact, and reveal where and how to improve brand equity.

Competitive Analysis Solutions

  • Gather intelligence that helps you understand the position of your company relative to the competition.

Product Roadmap Solutions

  • Raise product development and marketing effectiveness by identifying the features and functions your customers want, helping you prioritize product development investments.

Customer Churn Solutions

  • Reduce customer churn by showing you why customer left, and what actions you can take do to bring them back.

Industry Benchmarking Solutions

  • Let you gauge and strengthen your industry position based on market feedback, for key performance metrics, against your exact competitors.

Conference Effectiveness Solutions

  • Improve all aspects of your conference, from speaker presentations to breakout sessions and vendor fairs, based on attendee feedback.

CustomerSat Sales & Marketing survey solutions enable you and your sales, marketing, brand, and account executives to:

  • Increase:
    • New revenues
    • Recurring revenues
    • Up-sell revenues
    • Cross-sell revenues
  • Identify the best prospects in your sales database and focus sales efforts on them
  • Refine product roadmaps to achieve the greatest customer engagement
  • Increase sales win rates
  • Reduce customer churn
  • Improve sales conference effectiveness
  • Manage brands more strategically and effectively.

Besides sales and marketing, other departments in your organization that benefit from CustomerSat Sales & Marketing solutions include:

  • Product management
  • Brand management
  • Strategic planning
  • Corporate communications.

CustomerSat delivers the benefits of these solutions through a combination of Enterprise and Professional Services. CustomerSat Sales & Marketing solutions include:

Prospect Qualification

CustomerSat Prospect Qualification solutions raise the productivity of your:

  • Field sales force
  • Inside sales team
  • Resellers
  • Channel partners

…and further raise the effectiveness of your sales and marketing programs, by:

  • Intelligently categorizing sales prospects from “hot” to “cold”
  • Identifying your best sales prospects
  • Revealing prospects’ purchase intentions and profiles
  • Alerting the right sales people of prospects that deserve immediate attention
  • Enabling salespeople to direct their sales efforts most effectively
  • Enabling salespeople to use their most valuable asset – time – most productively.

CustomerSat Prospect Qualification solutions achieve the above for both:

  • New prospects
  • Existing customers who are candidates for up selling and cross selling.

Get Close to Your Prospects

By applying the same tools and techniques that CustomerSat has refined to gather customer feedback, CustomerSat lets you gather key information from you prospects.

CustomerSat Prospect Qualification solutions can tell you your prospects’:

  • Purchase intentions
  • Budget authority
  • Vertical market
  • Role in the purchase process
  • Brands, products, or solutions with which they are familiar, and perceptions of each
  • Brands, products, or solutions currently in use, and plans for each
  • Dates of expiration of current contracts and licenses
  • Current inventory on hand
  • Gender, age range, and other demographics
  • Computer platform and configuration, operating system, and other technographics
  • Political, social and economic attitudes and other psychographics
  • Contact information and best time and way to contact
  • Specific interests and requirements in prospects’ own words.

Deployment Options

Prospect Qualification solutions can be deployed in:

  • Real-time or near-real-time, as prospects call your call center, visit, or register on your web site (see also Website & E-commerce Prospect Qualification Solutions)
  • In weekly or monthly batches, for example, as prospects send in information-request cards containing email addresses.

For “hot” prospects, CustomerSat solutions can notify the right sales people through real-time action alerts for immediate follow-up, or use Action Management to open cases with an assigned manager and deadline.

Win/Loss Solutions

CustomerSat Win/Loss solutions help you improve your sales win rate by revealing:

  • Why you won some deals and lost other deals
  • Who your competitors were in each deal and your relative perceived strengths and limitations against each
  • Critical factors in each decision
  • How each vendor rated along the critical decision factors
  • Impact of your account management on the decision
  • What might have made the deal go the other way.

CustomerSat Win/Loss solutions include a pair of companion surveys – one for deals won, one for deals lost – designed and deployed as an integrated system. Similar questions between the two surveys let you directly compare your organization’s performance against that of your key competitors.

For example, in the Win survey, the question, “In what areas was the winning vendor strongest?” applies to you. In the Loss survey, the same question applies to your competitor. CustomerSat analytics let you cross-tab and filter survey results online to let you directly compare results by competitor.

CustomerSat Win/Loss solutions help you:

  • Strategically – to refine product, marketing, sales, and pricing, to strengthen your competitive position on future deals
  • Tactically – by providing detailed intelligence on each:
    • Deal lost, to help you win future business from that customer
    • Deal won, to show you what sales techniques, features and benefits to emphasize in future selling.

Deployment Options

CustomerSat Win/Loss solutions can be deployed either in:

  • Real-time, as deals are registered as won or lost in your CRM or other sales management system
  • A specified number of days or weeks after a deal is won or lost
  • Weekly or monthly batches.

Brand Equity & Awareness Measurement Solutions

Your brand encapsulates everything your organization stands for and the value it delivers, and influences every aspect of your sales and marketing. CustomerSat Brand Equity & Awareness Measurement solutions go far beyond assessing the effectiveness of your brand names, logos, and advertising. Whether a single brand or portfolio, CustomerSat solutions help you manage your branding more strategically.

CustomerSat brand measurement solutions help you build brand equity by measuring and describing:

  • How your brand is perceived by customers and prospects in image, quality, price, and other attributes
  • How perceptions of your brand compare by market segment with those of your competitors
  • The affinity customers feel with your brand, and the extent to which it drives purchase decisions.

CustomerSat brand measurement solutions thus enable you to:

  • Increase each brand’s ability to attract and retain customers and create goodwill and advocacy
  • Segment your customers and prospects by affinity and purchase intentions, and develop the right sales and marketing strategy for each segment
  • Sharpen your sales and marketing messages
  • Build overall brand equity.

CustomerSat Brand Equity Solutions

CustomerSat models brand equity as a key asset comprised of four layers. Brand Awareness is the foundation layer.

Brand attributes such as quality, image, and price form the second layer:

  • Quality – the perceived worth of the branded products and services relative to competitors
  • Image – the specific attributes such as style, performance, and technology leadership which the brand represents
  • Price – not just initial purchase price but total cost of ownership.

Emerging from these attributes is the third layer consisting of:

  • Emotional connection – the brand’s ability to evoke an emotional response in the customer
  • Behavioral driver – the brand’s ability to influence the customer’s buying behavior.

Overall Brand Equity, the fourth layer, is a composite of all of these factors.

4

Overall Brand Equity

3

Emotional Connection (Affinity)

Behavioral Drive (Purchase Intentions)

2

Image

Quality

Price

1

Brand Awareness

CustomerSat Brand Equity & Awareness solutions use different questionnaires and processes to characterize and measure the strength of each attribute in the first three layers, as the table below demonstrates. Overall Brand Equity is assessed from these measures.

CustomerSat Brand Equity & Awareness Solutions
Layer Attribute Example Questions
3

Behavioral Drive

How likely would you be to:

  • Re-purchase Brand X?
  • Switch to a different brand from Brand X?
  • Try out a new product from Brand X?

Emotional Connection

  • How much do you trust Brand X?
  • To what extent do you identify with Brand X?
2

Quality

  • How does the quality of Brand X compare with that of Brand Y? Brand Z?

Price

  • How does the price of Brand X compare with that of Brand Y? Brand Z?

Image

  • What three words best describe Brand X to you?
  • Please rate Brands X, Y, and Z on the following dimensions:
    • Power
    • Comfort
    • Styling
1

Awareness

See below

Brand Awareness Solutions

CustomerSat Brand Awareness solutions help you build brand awareness:

  • By vertical market, geographical region, or other market segment
  • By sales distribution channel
  • By marketing communications vehicle or channel.

The foundation of brand equity is brand awareness. CustomerSat measures of Brand Awareness include questions such as the following, both aided and unaided:

  • Which single company comes to mind first in the Y market?
  • What other companies come to mind?
  • What company do you view as the leader in the Y market?
  • What factors led you to mention [company] as the leader?

The following example questions measure different aspects of aided awareness and perceptions:

  • Are you aware of Company’s offerings in the Y market? If so, to what extent?
  • Please list the types of services that you know Company to offer in the Y market.
  • What three words best describe Company’s position in the Y market?
  • What is your perception of Company’s services? Technology? Account Management?
  • Based on your understanding of Company’s products, strategy and execution, how do you view its market position a year from now?

CustomerSat analytics let you cross-tab and filter survey results online to view measures of brand awareness for any detailed segment of your market – for example, female consumers under the age of 35 in the Eastern region – and how best to prioritize investments by brand feature or attribute to increase awareness in that segment.

To gather feedback from your entire market, CustomerSat provides, through its authorized online sample partners, targeted lists of potential customers with email addresses in your market who have given permission to be contacted.

For all brand measurement solutions, your CustomerSat project manager will work closely with you and your staff to determine the best:

  • Research approaches and market definitions to address your requirements
  • Sample selection and, if appropriate, respondent incentives
  • Action alerts driven by survey results
  • Online and off-line analysis and reporting.

Competitive Analysis Solutions

CustomerSat Competitive Analysis solutions gather intelligence on your competitors and on your organization’s position relative to those competitors.

These CustomerSat solutions let you strengthen your competitive position by showing you:

  • How customers and prospects view your:
    • Product and service quality
    • Pricing
    • Account management
    • Ease of doing business
    • Other key performance metrics relative to specific competitors
  • What marketing, sales and distribution practices your competitors use
  • Competitors’ pricing policies and practices by segment
  • Primary partners, dealers, and distributors of your competitors
  • How best to prioritize investments to strengthen your competitive position.

To gather feedback from your entire market, CustomerSat provides, through its authorized online sample partners, targeted lists of potential customers with email addresses in your market who have given permission to be contacted.

Your CustomerSat project manager will work closely with you and your staff to determine the best:

  • Research approaches and market definitions to address your requirements
  • Sample selection and, if appropriate, respondent incentives
  • Action alerts driven by survey results
  • Online and off-line analysis and reporting.

Product Roadmap Solutions

Your published product roadmap conveys your strategic direction to customers and builds customer loyalty and advocacy.

Product Roadmap Effectiveness solutions enable you to:

  • Optimally define and refine roadmaps
  • Determine the right product and service features to include in your roadmap
  • Ensure that roadmaps are clear and timely.

CustomerSat Product Roadmap solutions raise the effectiveness of your product development strategy and marketing by showing you:

  • What features are most important to customers and prospects
  • The most important features by market segment
  • How best to prioritize product development investments.

To gather feedback from your entire market, CustomerSat provides, through its authorized online sample partners, targeted lists of potential customers with email addresses in your market who have given permission to be contacted.

Your CustomerSat project manager will work closely with you and your staff to determine the best:

  • Research approaches and market definitions to address your requirements
  • Sample selection and, if appropriate, respondent incentives
  • Action alerts driven by survey results
  • Online and off-line analysis and reporting.

Customer Churn Solutions

These solutions help you reduce customer churn by revealing:

  • Which of your customers left, who they went with, if anyone, and why
  • How they rate your organization and the other vendor on key performance attributes
  • What could be done to bring them back.

CustomerSat Churn solutions help you:

  • Strategically – by revealing why and which customers left, where they went, and how to keep them from leaving in the future
  • Tactically – by informing your “Customer Save” or “Customer Win Back” program with detailed, real-time intelligence on specific customers who were lost and how to bring them back.

Deployment Options

Customer Churn solutions can be deployed either in:

  • Real-time, as customers are registered as lost in your CRM or other sales management system
  • A specified number of days or weeks after each customer has been lost
  • Weekly or monthly batches.

For customers who deserve attention right away, CustomerSat solutions can notify the right sales people through real-time action alerts for immediate follow-up, or use Action Management to open cases with an assigned manager and deadline.

Industry Benchmarking Solutions

These CustomerSat solutions are industry benchmark programs tailored to your market, industry, customers, and prospects.

CustomerSat Industry Benchmark solutions let you gauge and strengthen your position in your industry:

  • Based on feedback from the market you serve
  • For the exact performance metrics key to your business
  • Against your exact competitors.

CustomerSat Industry Benchmarking solutions apply the same rigorous methodologies that CustomerSat has refined for the CustomerSat Benchmark Program.

Your CustomerSat project manager will work closely with you and your staff to determine the best:

  • Research approaches and market definitions to address your requirements
  • Sample selection and, if appropriate, respondent incentives
  • Action alerts driven by survey results
  • Online and off-line analysis and reporting.

To gather feedback from your entire market, CustomerSat provides, through its authorized online sample partners, targeted lists of potential customers with email addresses in your market who have given permission to be contacted.

Conference Effectiveness Solutions

Whether an international users group meeting, regional sales conference, classroom training or online seminar, these CustomerSat solutions let you measure and enhance all aspects of participants’ experiences and satisfaction, and increase conference effectiveness.

CustomerSat Conference Effectiveness Solutions measure all aspects of participants’ experiences, including agenda, content, delivery, facilities, location, scheduling, and more.

  • Ensure the quality of service delivery
  • Increase participant learning, productivity, and satisfaction
  • Continuously improve all aspects of your conferences
  • Coach presentation staff for outstanding performance
  • Invest in those areas that will drive the greatest gains in conference effectiveness
  • Recognize and address logistical problems and opportunities promptly
  • Streamline operations and reduce costs
  • Coordinate and align efforts of your entire conference staff
  • Drive speaker rewards and recognition most effectively.

See also: Workforce Training Solutions