How to cut 43% of Support Expenses and Increase Sales

When it comes to increasing profits, people tend to ignore everything that is not connected with sales directly. In most cases they are eager to spend more money on advertising, rather than integrating external tools, which could give extra profit and cut the expenses in the long run. Moreover, a lot of companies have a pretty vague understanding of how these tools would improve their business.

Why Implement Feedback System

Feedback is crucially important, as it’s a direct mediator between you and your clients, and with the help of Feedback System you can:

1. Improve your product and customers satisfaction

Gathering feedback allows you to figure out various problems, that clients are facing, and implement improvements, which they require. By acquiring and efficiently analyzing feedback, your team can learn how to better develop the product, to get a better version of it and, as a result, the number of your new customers will increase, as well as the number of old customers.

Gain customer loyalty by making them feel that you do listen to their voice. Try to always implement popular ideas your clients are asking for timely, and make sure to notify them when implementation is done. Never forget to thank your customers for suggesting new idea, and reply to each one,so that they know that their opinion really matters.

2. Understand whether you are going the right way

Sometimes you and your team thinks, that you know everything about your product and do everything  right. However, it’s not always like that. Customer’s feedback helps you  to see your product from the client perspective, that is dramatically important as they are your target audience.

3. Motivate your employees

Besides revenue, recognition is also an essential tool, which motivates people to work harder and better. Sometimes it’s far more important to get positive feedback, rather than one-time money bonus.

Fortunately, a lot of companies are starting to realize the importance of feedback. According to the ClickSoftware field service report, more than half of all field service suppliers (61%) cited “customer satisfaction” as their top metric for management effectiveness.

Main Types of Feedback Software

More and more businesses these days become customer centric, and the software market is overloaded with Customer Support and Feedback tools. The process of choosing the best feedback software depends on a number of factors. First, the Feedback tools can be classified by their main purpose. Some provide extensive surveys, others ask for user reviews and visual experience.

To make it easier to choose what tool to use,we have broken them down into 2 main categories:

1. Survey Based Feedback Tools

The main idea is that by using different channels, customers answer questions, which are later sent to the business owner in a form already prepared for analysis. Questions in such surveys can be very different.

There are different places, where you can acquire your feedback using this method:

  • Local app: the app is installed and used in a local place (e.g.: terminal in a medical store). The results could be copied physically to the survey platform or by connecting the internet to the local machine. Example: Surveymonkey
  • Shareable survey.  A survey is shared with client by every possible way: e-mail, shareable link etc.  After the client has filled in the survey, the company gets his feedback to the survey platform. Example: Surveymonkey
  • Widget survey. At the right place and at the right time a widget pops up on your site or in the app and asks a client to fill in a short survey or answer a question. Then the results are transferred to the survey platform. Example: Qualaroo

2. Community Based Feedback Tools

This is an advanced approach of receiving feedback. The main idea is that feedback (can be divided by ideas, questions, problems, etc.) is gathered from different places and aggregated in a community portal, where users and support agents can discuss and solve problems, mentioned above, and even communicate with other members of the community. It’s like a special forum with a focus on feedback and client provided content. Example: Useresponse

Feedback Community
Sample of Community Feedback Forum

In community based feedback software users submit topics from different channels, which would get straight to the community:

  1. Social Networks;
  2. Embeddable Website Widgets;
  3. IOS or Android applications;
  4. API and etc.

Community based feedback software is an advanced way to acquire feedback from customers, as it has much more advantages in comparison to survey based feedback software.

UseResponse experience

As we want our product to be useful for our clients, we always integrate the features, which we found efficient for our own business.

By successfully integrating and updating our feedback system in UseResponse, we achieved decent results. We implemented the feature, which allows to acquire and analyze ART, AWT, NPS, CSAT metrics. This upgrade allows us to see, whether our clients are satisfied with our product and customer service, which is very significant, especially on a trial period stage. By analyzing this urgent information and updating our trial consumer journey according to the customers’  feedback, we’ve raised our trial – client conversion rate by 23,6%.

We also had a trouble with a big number of similar incoming requests. So we decided to implement a smart suggestion feature, which allows the customer to view similar topics and articles before he or she submits a question. By doing so we’ve unloaded our support department by 43,5% in comparison with a previous year. As a result, a lot of clients were able to find the answers to their requests in advance.

In the end…

We’ve discussed the main benefits of feedback software and how it pushes forward feedback acquiring and analyzing. If you understand that feedback is an essential part of the business, the next step for you will be to find feedback software suitable for your business. To help you learn if our software suits your business needs, please feel free to schedule one-on-one Demo Presentation.

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