Frequently Asked Questions
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Do you know what segments of customers are your most valuable??
A segmentation study can prove valuable to an organization. This type of market research helps you create personas and buckets of customers that are most valuable to your business. It will assess which 20% of your customers produce 80% of your sales (the old 80-20 rule). Better understanding your segments helps your marketing team take next steps with results: who to target, what message to use, and where to target to them.
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Do you know why your customers buy or do not buy from you?
This addresses key drivers. What are the main reason(s) customers choose to buy from your brand, organization, or company? Is there a reason customers stopped purchasing from you? A simple customer satisfaction firm survey can address this core objective. It helps you understand motivations and drivers to purchase (or non-purchase).
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Do you know your awareness, image, and perception in the market?
This can be tackled through an Image & Awareness study. This survey goes out to the general community of consumers or business professionals. In the survey, you test awareness, image, and perception through a series of questions. It offers answers like 80% are aware of your brand, here are the 3 words that come to mind that consumers associate with your brand, and your brand has a 64% positive association. How do you compare?
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Do you know what factor(s) matter most to your customers?
It is important to know what is important to your customers or clients. Without knowing why they choose a product or service it is impossible to create effective marketing. By conducting a simple survey to grade importance of several factors, it is easier to work these messages into your marketing. If you knew price was most important to customers, how would you change your marketing scheme to address it?
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What are your customers most frustrated with?
Any good customer satisfaction survey firm not only addresses what you are best at but also what needs to be improved. These become pain points or frustration points of your customers that cause them to leave your company or brand. It is critical to measure these to understand what drives customers away and then work to improve them.