This document provides a summary of a mystery shopping service quality research program conducted in August 2018 at locations of the Mosigra network. 3 mystery shoppers conducted visits and evaluated service quality based on objective and subjective indices. The objective index score of 80/100 indicates an unsatisfactory level of strict manager behavior that did not accommodate special requests. However, all locations agreed to pack a dish in a special container, gaining a 100/65 score. The document concludes with analysis of managers' emotional states in responding to requests.
The document summarizes the results of a mystery shopping research project conducted in February 2020 that evaluated customer service across 7 restaurants. The objective index score was 80/100, indicating an unsatisfactory level of strict adherence to requests. All restaurants agreed to pack dishes in special containers, gaining a perfect score of 100. However, questions about paying extra or keeping visits secret scored lower, with managers displaying more negative emotions. Overall, managers' emotional responses varied depending on the request, with more positive emotions shown for reasonable requests and more neutral or negative emotions for less common or difficult ones.
Asking When, Not If in Predictive ModelingAndrea Kropp
Teaching Talent Analytics executives how to use survival analysis to predict WHEN an employee will attrit from the organization. Most predictive modeling for employee attrition focuses on IF a person will leave and completely ignores the time frame.
This document analyzes whether sentiment data extracted from social media can predict stock market returns. It finds some contemporaneous relationships between sentiment indicators from PsychSignal and the S&P 500 ETF (SPY). Specifically, bullish sentiment positively correlates with SPY returns while bearish sentiment negatively correlates. Volume indicators show a "V-shaped" relationship with SPY, where volume is highest during large price changes. However, the analysis notes challenges with the sentiment data that could impact results.
This document is a project report submitted by Ashail Maharaj to partially fulfill the requirements for a Bachelor of Science in Engineering degree. It focuses on designing an agent-based simulation of trading on the Johannesburg Stock Exchange. The report describes initial plans to model a share price based on various factors, but findings indicate only trading volume strongly correlates with price. This led to a supply and demand-based model where agents decide to buy or sell a share based on whether their intrinsic value calculation is higher or lower than the market value. The model components and initial validations are discussed, along with recommendations to improve the model's realism.
The art of Forecast - Improving Forecasting accuracyAndrea Terzaghi
The document discusses improving forecast accuracy through collaboration between forecasting and business teams. It frames forecasting as a repeated game where initially neither team has incentives to collaborate, but over time cooperation can emerge as the dominant strategy to build trust and reputation. Key recommendations include empowering stakeholders, transparency, fairness, and avoiding blame to encourage collaboration instead of defection.
MAT80 - White paper july 2017 - Prof. P. IrwingPaul Irwing
The document analyzes the predictive validity of the MAT80 test for job performance and educational attainment. It finds that the MAT80 has a synthetic validity of 0.78 for predicting job performance based on combining validities from meta-analyses of similar tests measuring cognitive ability, creativity, personality, and motivation. It also has a validity of 0.55-0.66 for predicting educational attainment based on a sample of MBA students. The MAT80 predicts better than other tests due to incorporating measures of creativity and using facet-level personality predictors from meta-analyses to derive weights, following state-of-the-art test development procedures.
- The document presents the results of a predictive model built to identify customers at high risk (80%) of churning from their services in the next two months. The top three predictors of churn were identified as days since last login, number of logins, and account age.
- A decision tree model was recommended over logistic regression due to its ability to provide a shortlist of high-risk customers with at least 67% accuracy, allowing for more cost-effective targeting. The top customers to focus on engaging have accounts less than 22 months old.
- To reduce churn, the company should prioritize engaging primary target customers identified by the model through phone calls for feedback, and send promotional emails to secondary targets about new features
The document analyzes customer data from QWE Inc. to predict customer churn. Logistic regression analysis identified three key factors for predicting churn probability: Customer Happiness Index in December, change in Customer Happiness Index from November to December, and change in days since last login between the two months. The analysis calculates churn probabilities for three sample customers based on these factors. It also provides a list of the top 10 customers most likely to churn. While decision tree analysis validates the logistic regression findings, logistic regression is recommended as the best model for QWE to use going forward to identify at-risk customers and reduce churn.
The document summarizes the results of a mystery shopping research project conducted in February 2020 that evaluated customer service across 7 restaurants. The objective index score was 80/100, indicating an unsatisfactory level of strict adherence to requests. All restaurants agreed to pack dishes in special containers, gaining a perfect score of 100. However, questions about paying extra or keeping visits secret scored lower, with managers displaying more negative emotions. Overall, managers' emotional responses varied depending on the request, with more positive emotions shown for reasonable requests and more neutral or negative emotions for less common or difficult ones.
Asking When, Not If in Predictive ModelingAndrea Kropp
Teaching Talent Analytics executives how to use survival analysis to predict WHEN an employee will attrit from the organization. Most predictive modeling for employee attrition focuses on IF a person will leave and completely ignores the time frame.
This document analyzes whether sentiment data extracted from social media can predict stock market returns. It finds some contemporaneous relationships between sentiment indicators from PsychSignal and the S&P 500 ETF (SPY). Specifically, bullish sentiment positively correlates with SPY returns while bearish sentiment negatively correlates. Volume indicators show a "V-shaped" relationship with SPY, where volume is highest during large price changes. However, the analysis notes challenges with the sentiment data that could impact results.
This document is a project report submitted by Ashail Maharaj to partially fulfill the requirements for a Bachelor of Science in Engineering degree. It focuses on designing an agent-based simulation of trading on the Johannesburg Stock Exchange. The report describes initial plans to model a share price based on various factors, but findings indicate only trading volume strongly correlates with price. This led to a supply and demand-based model where agents decide to buy or sell a share based on whether their intrinsic value calculation is higher or lower than the market value. The model components and initial validations are discussed, along with recommendations to improve the model's realism.
The art of Forecast - Improving Forecasting accuracyAndrea Terzaghi
The document discusses improving forecast accuracy through collaboration between forecasting and business teams. It frames forecasting as a repeated game where initially neither team has incentives to collaborate, but over time cooperation can emerge as the dominant strategy to build trust and reputation. Key recommendations include empowering stakeholders, transparency, fairness, and avoiding blame to encourage collaboration instead of defection.
MAT80 - White paper july 2017 - Prof. P. IrwingPaul Irwing
The document analyzes the predictive validity of the MAT80 test for job performance and educational attainment. It finds that the MAT80 has a synthetic validity of 0.78 for predicting job performance based on combining validities from meta-analyses of similar tests measuring cognitive ability, creativity, personality, and motivation. It also has a validity of 0.55-0.66 for predicting educational attainment based on a sample of MBA students. The MAT80 predicts better than other tests due to incorporating measures of creativity and using facet-level personality predictors from meta-analyses to derive weights, following state-of-the-art test development procedures.
- The document presents the results of a predictive model built to identify customers at high risk (80%) of churning from their services in the next two months. The top three predictors of churn were identified as days since last login, number of logins, and account age.
- A decision tree model was recommended over logistic regression due to its ability to provide a shortlist of high-risk customers with at least 67% accuracy, allowing for more cost-effective targeting. The top customers to focus on engaging have accounts less than 22 months old.
- To reduce churn, the company should prioritize engaging primary target customers identified by the model through phone calls for feedback, and send promotional emails to secondary targets about new features
The document analyzes customer data from QWE Inc. to predict customer churn. Logistic regression analysis identified three key factors for predicting churn probability: Customer Happiness Index in December, change in Customer Happiness Index from November to December, and change in days since last login between the two months. The analysis calculates churn probabilities for three sample customers based on these factors. It also provides a list of the top 10 customers most likely to churn. While decision tree analysis validates the logistic regression findings, logistic regression is recommended as the best model for QWE to use going forward to identify at-risk customers and reduce churn.
The document provides a summary of a mystery shopping service quality research project conducted at the Zappos network in February 2020. The research involved 3 mystery shopper visits and evaluated Zappos' customer service across several criteria on a scale of 0 to 100 points. Key findings include:
- The objective service quality index score was 93.75 points, categorized as excellent.
- The subjective impression index scored 92 points, also excellent and closely matching the objective score.
- Standards like offering accompanying products to requests and identifying customer needs fully scored lowest.
- Service speed, staff knowledge, and ease of understanding scored highest at 100 points.
- The Net Promoter Score was 100%, indicating all customers were highly likely
Measurement and monetizing customer experience with social media.Michael Wolfe
This is a seminal study that provides substantial evidence that social media is not an upper funnel influence on brand awareness, but rather a metric reflecting the customer-brand experience which has a direct impact on customer purchase behavior.
Project report on customer satisfactionAnkit Gupta
The document discusses customer satisfaction and techniques for measuring it. It provides an overview of why organizations focus on customer satisfaction, noting that satisfied customers improve cash flow and are less costly to retain than gaining new customers. The document also summarizes various techniques for measuring customer satisfaction, including through surveys, the Kano model, and SERVQUAL. It emphasizes that measuring customer satisfaction can provide insights into how well an organization is meeting customer needs and expectations.
Effective Strategies for Exceptional Customer Experience ProgramsPrimary Intelligence
Want to learn about the latest Customer Experience research? Watch our webinar to hear what leading companies are doing to leverage and promote CX initiatives throughout their organizations.
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Institute of Customer Experience (Kenya) - Optimizing Customer Experience (3...Adre Schreuder
The document discusses optimizing customer experience and whether it should be handled in-house or outsourced. It notes that only 28% of customer experience professionals feel their programs are successful and that 89% of companies will differentiate based on customer experience. While do-it-yourself approaches seem simple, outsourcing to experts can bring more discipline and accuracy to customer experience measurement and improvement. The document advocates treating customer experience as both an art and a science to build understanding and drive better business outcomes.
Funnels Workshop Web Summit 2014 @geckoboard @GASofia Quintero
The document discusses customer funnels and analytics. It defines a funnel as visualizing a customer's journey from stranger to follower through various stages like acquisition, activation, retention, revenue, and referral. It emphasizes measuring key metrics at each stage of the customer journey. It distinguishes between vanity metrics that don't change behavior and actionable metrics that can help improve the funnel. The document provides resources for testing and optimizing the funnel through techniques like A/B testing and cohort analysis.
Operational Risk Management: Standard RequirementsGerardus Blokdyk
The document provides a self-assessment guide for operational risk management. It outlines 7 criteria for evaluating operational risk management practices: 1) Recognize the need for change, 2) Define the problem, needs, and objectives, 3) Gather the correct data and measure current performance, 4) Analyze causes, assumptions, and hypotheses, 5) Improve processes based on analysis, 6) Control risks by implementing improvements, and 7) Sustain improvements by monitoring and updating practices. Users are instructed to rate questions under each criteria on a scale of 1 to 5 to evaluate their operational risk management and identify areas for improvement.
LEARN WHAT A GREAT TECHNICAL SUPPORT EXPERIENCE AND PASSIONATE CUSTOMER COMMUNITIES CAN DO FOR YOUR BUSINESS- This powerful measurement and focus within your organization can align your business with your customers, deeply understand how your customers feel about you and your products/services and (if leveraged) can propel your business to unprecedented growth.
NPS is a simple measurement but sometimes challenging to implement. Please complete this form to receive a brief summary of:
-Methodology for NPS
-Practical tips for implementing and establishing a customer centric mindset
-Statistical abstracts and results of other practitioners
What is NPS? It stands for Net Promoter Score. Learn what it means, what it can do for your business, how to get the data, and how to turn it into your score.
When it comes to your small business, are you comfortable with taking risks?
Have you ever experienced the thrill of successfully trying new marketing channels because your competition is?
Maybe you’re enjoying the comfort of your current, reliable campaigns?
You may feel overwhelmed by large business growth strategies, but marketing strategies are not one-size-fits-all. Small business is different from big business.
By exploring tested, successful small business-specific marketing strategies, you give your small business a safe way to expand into uncharted, potentially viral territory.
We’re happy to share some good news – taking risks doesn’t have to be scary.
Especially if we look at how other SMBs are crafting their marketing plans and using them as a guidepost.
Join our webinar to discover tested strategies that align with your small businesses to help you maximize marketing ROI.
You’ll learn:
-Where SMB marketers are taking chances and reaping the rewards.
-How SMBs decide where to be bold and where to play it safe.
-How to calculate marketing risks.
Join Amelia Northrup-Simpson, Marketing Manager at CallRail, as she shows you how you can easily measure the actionable results of trying new marketing strategies.
65% of SMBs who didn’t test a new channel in the past year worry that their company will lose business to competitors because they don’t have an effective marketing strategy.
Don’t miss out on new customers and increased revenue.
Gain confidence as you discover how risks are proven to be worth the reward.
- Over 95,000 customers were invited to take a survey about their satisfaction. As of January 23rd, 2,563 customers had responded, a 3% response rate.
- So far, 63% of respondents provided written feedback totaling 1,445 comments. Several customer groups were excluded from the survey.
- A reminder was sent to non-respondents. Additional responses are still needed from certain business areas to achieve statistically valid scores.
- Customer comments and survey results will be analyzed to identify key themes about areas that need improvement and those performing well. Insights from verbatim comments provide additional context.
Quantitative Analysis For Management | Quantitative Analysis Explained For Be...Simplilearn
This presentation on Quantitative Analysis for Management will acquaint you with all the essential details that you should know about quantitative business analysis. In this Quantitative Analysis Explained For Beginners tutorial, you will understand what quantitative analysis is. You'll also learn how it works with the help of examples. So, let's get started!
About Simplilearn Post Graduate Diploma in Management:
Advance your career with the PGDM by one of the top B-schools in India. Earn an accredited management degree without quitting your job through an immersive online curriculum. Choose the specialization of your choice from among Digital Marketing, Operations, Business Analysis, and Data Analytics. The Post Graduate Diploma in Management by JAGSOM grooms you to become a business leader through a comprehensive curriculum delivered by the most eminent faculty from one of the top B-schools in India. You will learn core management concepts along with an industry-aligned specialization of your choice in this PGDM Course.
Key Features:
✅AICTE-recognized and AACSB-accredited PGDM certificate by Jagdish Sheth School of Management
✅Program ranked in the 51-100 band globally in the QS Masters Rankings
✅Learn from the industry’s best faculty at JAGSOM
✅Pursue one of the top domain-oriented specializations: Digital Marketing, Operations, Business Analysis, and Data Analytics
✅Deep-dive into the management principles of marketing, economics, accounting, HR and strategy for solving real-life business problems
✅Get noticed by the top hiring companies
Learn more at https://www.simplilearn.com/post-graduate-diploma-management
This document provides an outline for a report on customer satisfaction. It includes 5 chapters that will discuss: an introduction to customer satisfaction and the study's objectives and scope; a detailed look at customer satisfaction including its meaning and importance; the organizational profile of the company being studied; the research methodology used; and a conclusion with an analysis of findings. The introduction defines key terms, outlines objectives like understanding customer satisfaction levels and learning about the organization's marketing strategies. It also notes limitations of the study. The document establishes the framework for a report on measuring and analyzing customer satisfaction.
Measuring the Effectiveness of Customer Health ModelTotango
In Part 2 of our customer health webinar series, we take a more advanced look at health and dive into measuring the effectiveness of a customer health model.
In this presentation, Totango and customer, Feedvisor, share best practices to building and measuring a customer health score (CHS). Learn Feedvisor’s four stage approach to building a CHS and adjusting it to give better churn, renewal, and upsell predictions. Totango shares best practices on when and how to modify your health model and ways health should be incorporated into your team's daily activities.
The document describes a sales excellence diagnostic tool that assesses various aspects of a company's sales organization. It uses surveys of customers, sales managers, and salespeople to evaluate 10 core elements like customer strategy, sales processes, and interactions. The diagnostic is based on over 700 best practices identified through research. It provides a report on areas for improvement, which can be used to prioritize actions. Completing the diagnostic takes 48 hours, and companies choose between a data-only report or an in-depth health check analysis.
This document summarizes a study on performance appraisal systems used by automobile industries in Chennai, Tamil Nadu, India. It begins with definitions of key terms like performance appraisal. It then outlines the objectives, limitations, and methodology of the study. Several tables present results of a survey of 100 employees which find that most are aware of but dissatisfied with their company's performance appraisal system. Specifically, employees are dissatisfied with the rating scale and feel the system does not adequately identify strengths/weaknesses or provide incentives. However, a majority agree it helps with self-motivation and improving job knowledge. Chi-square tests find no significant relationship between experience and satisfaction with the system. In conclusion, while awareness is high
Oliver Gong presents a market research report on consumer spending at XYZ Supermarket. The report includes:
- An analysis of consumer spending scores by age group using XYZ's customer data, which found spending was highest among 30-35 year olds and lowest among 19-29 year olds.
- A linear regression analysis showing that age affects spending score but annual income does not.
- Recommendations that XYZ segment customers by age group and develop targeted marketing strategies to increase spending among key groups.
- Notes that obtaining more customer data could make the results more reliable.
The document summarizes the results of a research study on car purchasing behaviors and preferences. The study analyzed responses from 182 participants across 34 countries. Key findings include:
- Most customers (86%) visited multiple dealerships before purchasing, with over 67% visiting 3 or more. Dissatisfaction with pushy or uninterested salespeople was the top complaint.
- When choosing new cars, customers valued quality and reliability guarantees above all. For used cars, lower costs were the primary motivation compared to maintenance and insurance expenses.
- Official test drives and brand websites were highly trusted sources of information, more so than customer reviews. Advertising most emphasized comfort, safety, and quality to influence brand awareness.
To better understand the challenges and changing priorities that IT professionals face during the COVID-19 pandemic, the customer experience agency Scheduling shares the results of AppDynamics global research that involves IT top management and IT resource management.
The document provides a summary of a mystery shopping service quality research project conducted at the Zappos network in February 2020. The research involved 3 mystery shopper visits and evaluated Zappos' customer service across several criteria on a scale of 0 to 100 points. Key findings include:
- The objective service quality index score was 93.75 points, categorized as excellent.
- The subjective impression index scored 92 points, also excellent and closely matching the objective score.
- Standards like offering accompanying products to requests and identifying customer needs fully scored lowest.
- Service speed, staff knowledge, and ease of understanding scored highest at 100 points.
- The Net Promoter Score was 100%, indicating all customers were highly likely
Measurement and monetizing customer experience with social media.Michael Wolfe
This is a seminal study that provides substantial evidence that social media is not an upper funnel influence on brand awareness, but rather a metric reflecting the customer-brand experience which has a direct impact on customer purchase behavior.
Project report on customer satisfactionAnkit Gupta
The document discusses customer satisfaction and techniques for measuring it. It provides an overview of why organizations focus on customer satisfaction, noting that satisfied customers improve cash flow and are less costly to retain than gaining new customers. The document also summarizes various techniques for measuring customer satisfaction, including through surveys, the Kano model, and SERVQUAL. It emphasizes that measuring customer satisfaction can provide insights into how well an organization is meeting customer needs and expectations.
Effective Strategies for Exceptional Customer Experience ProgramsPrimary Intelligence
Want to learn about the latest Customer Experience research? Watch our webinar to hear what leading companies are doing to leverage and promote CX initiatives throughout their organizations.
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Institute of Customer Experience (Kenya) - Optimizing Customer Experience (3...Adre Schreuder
The document discusses optimizing customer experience and whether it should be handled in-house or outsourced. It notes that only 28% of customer experience professionals feel their programs are successful and that 89% of companies will differentiate based on customer experience. While do-it-yourself approaches seem simple, outsourcing to experts can bring more discipline and accuracy to customer experience measurement and improvement. The document advocates treating customer experience as both an art and a science to build understanding and drive better business outcomes.
Funnels Workshop Web Summit 2014 @geckoboard @GASofia Quintero
The document discusses customer funnels and analytics. It defines a funnel as visualizing a customer's journey from stranger to follower through various stages like acquisition, activation, retention, revenue, and referral. It emphasizes measuring key metrics at each stage of the customer journey. It distinguishes between vanity metrics that don't change behavior and actionable metrics that can help improve the funnel. The document provides resources for testing and optimizing the funnel through techniques like A/B testing and cohort analysis.
Operational Risk Management: Standard RequirementsGerardus Blokdyk
The document provides a self-assessment guide for operational risk management. It outlines 7 criteria for evaluating operational risk management practices: 1) Recognize the need for change, 2) Define the problem, needs, and objectives, 3) Gather the correct data and measure current performance, 4) Analyze causes, assumptions, and hypotheses, 5) Improve processes based on analysis, 6) Control risks by implementing improvements, and 7) Sustain improvements by monitoring and updating practices. Users are instructed to rate questions under each criteria on a scale of 1 to 5 to evaluate their operational risk management and identify areas for improvement.
LEARN WHAT A GREAT TECHNICAL SUPPORT EXPERIENCE AND PASSIONATE CUSTOMER COMMUNITIES CAN DO FOR YOUR BUSINESS- This powerful measurement and focus within your organization can align your business with your customers, deeply understand how your customers feel about you and your products/services and (if leveraged) can propel your business to unprecedented growth.
NPS is a simple measurement but sometimes challenging to implement. Please complete this form to receive a brief summary of:
-Methodology for NPS
-Practical tips for implementing and establishing a customer centric mindset
-Statistical abstracts and results of other practitioners
What is NPS? It stands for Net Promoter Score. Learn what it means, what it can do for your business, how to get the data, and how to turn it into your score.
When it comes to your small business, are you comfortable with taking risks?
Have you ever experienced the thrill of successfully trying new marketing channels because your competition is?
Maybe you’re enjoying the comfort of your current, reliable campaigns?
You may feel overwhelmed by large business growth strategies, but marketing strategies are not one-size-fits-all. Small business is different from big business.
By exploring tested, successful small business-specific marketing strategies, you give your small business a safe way to expand into uncharted, potentially viral territory.
We’re happy to share some good news – taking risks doesn’t have to be scary.
Especially if we look at how other SMBs are crafting their marketing plans and using them as a guidepost.
Join our webinar to discover tested strategies that align with your small businesses to help you maximize marketing ROI.
You’ll learn:
-Where SMB marketers are taking chances and reaping the rewards.
-How SMBs decide where to be bold and where to play it safe.
-How to calculate marketing risks.
Join Amelia Northrup-Simpson, Marketing Manager at CallRail, as she shows you how you can easily measure the actionable results of trying new marketing strategies.
65% of SMBs who didn’t test a new channel in the past year worry that their company will lose business to competitors because they don’t have an effective marketing strategy.
Don’t miss out on new customers and increased revenue.
Gain confidence as you discover how risks are proven to be worth the reward.
- Over 95,000 customers were invited to take a survey about their satisfaction. As of January 23rd, 2,563 customers had responded, a 3% response rate.
- So far, 63% of respondents provided written feedback totaling 1,445 comments. Several customer groups were excluded from the survey.
- A reminder was sent to non-respondents. Additional responses are still needed from certain business areas to achieve statistically valid scores.
- Customer comments and survey results will be analyzed to identify key themes about areas that need improvement and those performing well. Insights from verbatim comments provide additional context.
Quantitative Analysis For Management | Quantitative Analysis Explained For Be...Simplilearn
This presentation on Quantitative Analysis for Management will acquaint you with all the essential details that you should know about quantitative business analysis. In this Quantitative Analysis Explained For Beginners tutorial, you will understand what quantitative analysis is. You'll also learn how it works with the help of examples. So, let's get started!
About Simplilearn Post Graduate Diploma in Management:
Advance your career with the PGDM by one of the top B-schools in India. Earn an accredited management degree without quitting your job through an immersive online curriculum. Choose the specialization of your choice from among Digital Marketing, Operations, Business Analysis, and Data Analytics. The Post Graduate Diploma in Management by JAGSOM grooms you to become a business leader through a comprehensive curriculum delivered by the most eminent faculty from one of the top B-schools in India. You will learn core management concepts along with an industry-aligned specialization of your choice in this PGDM Course.
Key Features:
✅AICTE-recognized and AACSB-accredited PGDM certificate by Jagdish Sheth School of Management
✅Program ranked in the 51-100 band globally in the QS Masters Rankings
✅Learn from the industry’s best faculty at JAGSOM
✅Pursue one of the top domain-oriented specializations: Digital Marketing, Operations, Business Analysis, and Data Analytics
✅Deep-dive into the management principles of marketing, economics, accounting, HR and strategy for solving real-life business problems
✅Get noticed by the top hiring companies
Learn more at https://www.simplilearn.com/post-graduate-diploma-management
This document provides an outline for a report on customer satisfaction. It includes 5 chapters that will discuss: an introduction to customer satisfaction and the study's objectives and scope; a detailed look at customer satisfaction including its meaning and importance; the organizational profile of the company being studied; the research methodology used; and a conclusion with an analysis of findings. The introduction defines key terms, outlines objectives like understanding customer satisfaction levels and learning about the organization's marketing strategies. It also notes limitations of the study. The document establishes the framework for a report on measuring and analyzing customer satisfaction.
Measuring the Effectiveness of Customer Health ModelTotango
In Part 2 of our customer health webinar series, we take a more advanced look at health and dive into measuring the effectiveness of a customer health model.
In this presentation, Totango and customer, Feedvisor, share best practices to building and measuring a customer health score (CHS). Learn Feedvisor’s four stage approach to building a CHS and adjusting it to give better churn, renewal, and upsell predictions. Totango shares best practices on when and how to modify your health model and ways health should be incorporated into your team's daily activities.
The document describes a sales excellence diagnostic tool that assesses various aspects of a company's sales organization. It uses surveys of customers, sales managers, and salespeople to evaluate 10 core elements like customer strategy, sales processes, and interactions. The diagnostic is based on over 700 best practices identified through research. It provides a report on areas for improvement, which can be used to prioritize actions. Completing the diagnostic takes 48 hours, and companies choose between a data-only report or an in-depth health check analysis.
This document summarizes a study on performance appraisal systems used by automobile industries in Chennai, Tamil Nadu, India. It begins with definitions of key terms like performance appraisal. It then outlines the objectives, limitations, and methodology of the study. Several tables present results of a survey of 100 employees which find that most are aware of but dissatisfied with their company's performance appraisal system. Specifically, employees are dissatisfied with the rating scale and feel the system does not adequately identify strengths/weaknesses or provide incentives. However, a majority agree it helps with self-motivation and improving job knowledge. Chi-square tests find no significant relationship between experience and satisfaction with the system. In conclusion, while awareness is high
Oliver Gong presents a market research report on consumer spending at XYZ Supermarket. The report includes:
- An analysis of consumer spending scores by age group using XYZ's customer data, which found spending was highest among 30-35 year olds and lowest among 19-29 year olds.
- A linear regression analysis showing that age affects spending score but annual income does not.
- Recommendations that XYZ segment customers by age group and develop targeted marketing strategies to increase spending among key groups.
- Notes that obtaining more customer data could make the results more reliable.
The document summarizes the results of a research study on car purchasing behaviors and preferences. The study analyzed responses from 182 participants across 34 countries. Key findings include:
- Most customers (86%) visited multiple dealerships before purchasing, with over 67% visiting 3 or more. Dissatisfaction with pushy or uninterested salespeople was the top complaint.
- When choosing new cars, customers valued quality and reliability guarantees above all. For used cars, lower costs were the primary motivation compared to maintenance and insurance expenses.
- Official test drives and brand websites were highly trusted sources of information, more so than customer reviews. Advertising most emphasized comfort, safety, and quality to influence brand awareness.
To better understand the challenges and changing priorities that IT professionals face during the COVID-19 pandemic, the customer experience agency Scheduling shares the results of AppDynamics global research that involves IT top management and IT resource management.
2020 was officially declared the year of vegans. The most popular tag #vegan was published 87.8 million times on Instagram, and sales of vegan products in the world are at their peak. For example, in America, the total revenue from this business in 2019 exceeded fast-food sales by 10 times. Find out more from our research
One of the market segments that has been affected by the pandemic is the fashion industry. Fashion generated $2.5 trillion in global revenue every year. It would seem that the chances of survival for clothing vendors should be good. Their product is not perishable, profit margins are quite high, so after the quarantine measures are canceled, retailers can safely open the stores and wait for the customers with their delayed demand while sitting at home. More information in our report
Company N positions itself as the one that due to a strong passion has evolved from a small shop into one of the largest bicycle manufacturers in Europe in 20 years, also thanks to numerous investments in modern production with the introduction of the latest IT solutions. We decided to conduct a small research and find out how its positioning coincides with the clients’ vision.
According to the NPD analysts, the cost of toys sales in the UK has risen by 17% in two months since the quarantine began, in comparison with a similar period last year. This is because parents and children in Great Britain actually buy less toys, but spend more on the ones they bought for the isolation period. More about the industry in our research
This document summarizes research from multiple delivery companies on customer and employee experiences. Key findings include:
- Customers reported issues with long wait times, unprofessional couriers without proper protective equipment, and complicated ordering processes. Employees complained of technical app issues, unfair bonus systems, and lack of support.
- Surveys of couriers found most were new, intended to leave soon, and saw opportunities to cheat the system. Customers gave mid-range delivery companies higher ratings than others for timely, polite service from adhering couriers.
- Research methods examined the customer journey map, including pain points like multi-step ordering and missing order confirmations. The employee journey map highlighted long waiting periods
- The document analyzes data from customer satisfaction surveys related to automotive dealership visits. It examines correlations between customer satisfaction levels and dealers' completion of various service standards at different stages of the customer journey.
- The strongest correlations with customer satisfaction involved standards related to arranging test drives, highlighting vehicle features based on customer needs, and identifying customer needs through questioning.
- Customer gender, age and day of visit did not significantly influence satisfaction levels based on the sales assistant's performance. Overall, meeting service standards through effective customer engagement was found to positively impact the customer experience and likelihood of purchasing a vehicle.
An increase in regular customers by 5% can increase a company's profits by at least 50%. A retail industry study found that 88% of salespeople smiled at customers, making them more receptive to consultants, while 35% of consumers complained about not being greeted or acknowledged in stores. 92% of consultants offered fittings that met standards, and 93% were able to address customer doubts.
The outbreak of Coronavirus is a serious threat to public health. Lockdowns and other coordinated restrictive measures are necessary to save lives.
On average, we’ve already spent 60 days under quarantine. The idea that most of the time would have to be locked up, significantly reducing communication with family, friends and colleagues, caused at least a slight discomfort for many individuals. We’ve asked people from 16 countries how they got used to such a “lifestyle”.
Coronavirus made its adjustments not only in the life of adults but also had a strong impact on the children’s activity. When the pandemic started to gain strengths, the government had to close kindergartens, schools, and other institutions where children could live a productive social life. This rapid action effectively slowed down the spread of new infections, but it also caused anxiety, sleep disturbance, eating habits, and even cases of depression among children.
The shares of technology giants such as Amazon, Apple, Facebook, and Google have fallen in price. Under such conditions, they are taking all possible measures to minimize the damage. Their efforts are focused more on supporting employees and customers.
97% of respondents avoid crowded places and 96% wash their hands more often to protect against COVID-19. However, 78% believe wearing masks doesn't provide protection and 76% say it makes no sense to buy antiviral drugs. The most common advice from respondents on how to protect yourself is to wash hands (53%), avoid crowds (20%), and wash hands and avoid crowds (8%). Some respondents offered unusual advice like eating garlic, wrapping your face with toilet paper if no mask is available, and taking paracetamol. The WHO recommends washing hands frequently, maintaining social distance, avoiding touching the face, and practicing respiratory hygiene.
The document analyzes research from the automotive sector on luxury vs mass market cars. It finds that 52% of luxury brand contacts resulted in follow up vs 43% for mass brands. The worst days to make calls are Fridays and Tuesdays, while the best time is between 10-11am. For emails, Fridays and Tuesdays are also worst, while 10-11am has the highest open rate. Meeting arrangements from phone calls had a 60% success rate, but only 25% of received emails invited customers for a test drive. Looking ahead to 2020, interest in electric vehicles is rising while privacy concerns remain top of mind for customers.
Food Processing and Preservation Presentation.pptxdengejnr13
The presentation covers key areas on food processing and preservation highlighting the traditional methods and the current, modern methods applicable worldwide for both small and large scale.
Plant Power: Why You Should Consider Switching to Plant-Based ProteinsAng Chong Yi
In a world where dietary choices impact both our health and the environment, the rise of plant-based proteins is a welcome shift but Ang Chong Yi-the top reasons to switch to Plant-Based Proteins because these green warriors not only nourish our bodies but also contribute to the restoration of our planet. Let’s explore the science, benefits, and delicious possibilities of embracing plant power.
Vietnam Mushroom Market Growth, Demand and Challenges of the Key Industry Pla...IMARC Group
The Vietnam mushroom market size is projected to exhibit a growth rate (CAGR) of 6.52% during 2024-2032.
More Info:- https://www.imarcgroup.com/vietnam-mushroom-market
2. OURSTORY
Scheduling is a partof 4SERVICEgroup
Internationalcustomerexperiencecompany(est.2001)
Every minute our Mystery
shopper makesservice
evaluation
–4Service Companyoperational
hubwasestablished in Kiev.The
first Mystery Shopping provider
in CIS.
2001
Member of Mystery Shopping
Providers association MSPA
Europe
2005 2006
2009
Openingnewoffices in
Russia & Kazakhstan
2010
35,000 shoppers, 100
projects,300,000
evaluationsper year
2011
Newbrand 4ServiceScheduling
(b2b Field partnerfor Mystery
Shoppingproviders in Europe and
beyond).
2012
2016
1,000,000 visits done,
450,000 shoppersin panel,
11 offices opened.
2017
Schedulinggrew 350%, covered 35+
countries andstayed the most cost-
effective companyin the World
market
We grew100timesover thelast 10years
We have450+projects runningall over theWorld
Morethan1000employees work in ourcompanyacross theWorld
Schedulinghas currentprojects in 35+countries
Ourcompanymakes morethan500,000+service evaluationsper year
SOMEOFINTERESTING
FACTSABOUTUS:
3. QUALITY CONTROL
Input Control
• Regularrecruiting
• Screeningontheregistrationstage
• Signingof a contract
• Anti-fraudverification
Primary Testing
• Regularrecruiting
• MSPAprinciples training
• Technical andbehavioralmodules basic education
Shoppers’ Grade
• Performanceevaluation
• Regularevaluation
• Selection of thetypical clients andbest shoppers on the
segment
ProjectCertification
• Verification questions
• Industryspecificity understanding
• Standardsknowledge
• Attachmentquality
Attachments
• Audio andphoto attachmentscompleteness
• Anti-fraudcheck
• Dataquality
Validation
• 100%proofreading of all surveys
• Overquotinganddataquality
• SamplefortheQuality Department
• Anti-fraudsystem
5. METHODOLOGY. SURVEY
Evaluation Method
Performed service quality research applies the Mystery Shopping methodology – service
quality evaluation with the specialists’ help which serve as the ordinary customers
(Mystery Shoppers). The shoppers are chosen on the social demographic profile of the real
store clientswho aretrainedand tested.
Evaluation Scenario
The Mystery Shoppers behavior is adjusted by the Behavior Scenario – a detailed action
plan during the evaluation.
Receiving theOutcome
Mystery Shoppers’ reportsareperformedto the client on-line within 48-72hoursafter
the visit performance. The survey report includes an analytical processing of the
resultsand Mystery Shoppers’ comments.
Survey Form
The evaluation results are entered to the structured Evaluation Form (surveys) which
isdeveloped by the Clientand Agency.
6. Research aim – comprehensive quality client service
evaluation in thenetwork Mosigra.
RESEARCHAIM
Themonitoring program foresawtheperformance of 3
Mystery Shoppers visits during thefieldwork
Number ofLocations Number ofVisits
Loc1 1
Loc2 1
Loc3 1
Grand Total 3
METHODOLOGY
Mystery shopping – a technique which makes possible toevaluate
a quality client service without shopperrevelation with theclient
developedevaluation criteria (surveyform).
RESEARCH DESIGN
CheckStatistics
7. Subjective Index is calculated on the base of the mystery shoppers evaluations of
the section “SUBJECTIVE EVALUATION”, which is necessary for all surveys. This
sectionevaluationsdon’tinfluenceontheobjectiverates.
Consolidatedaverage weightedresultofall surveysections.Dependsonthe
analysisdepthcouldbecountedfortheconcretesurvey,section,allthenetwork
basedonthesurveyscorestothemaximum possiblescores.
OBJECTIVEINDEX (ОI) SUBJECTIVEINDEX (SI)
TERMINOLOGY
9. 20%
80%
Yes No Undecided
THE MANAGER AGREED TOCOOK PICKLED HERRING SURSTRÖMING
100%
Yes No Undecided
THE MANAGER AGREED TOPACK THE DISH IN A SPECIAL CONTAINER
ASSOCIATIVE SERVICE PERCEPTION
11. The Emotional Block embedded in the questionnaires allows to establish the important relationships between the employees’ emotional state and their behavior, on the one hand, and the client’s mood, on
the other. In addition, the questions of the Emotional Block make it possible to assess the impact of the emotional state of employees and customers on the customers’ desire to recommend the network to
their friendsand colleagues.
THE EMOTIONAL BLOCK INCLUDES THE FOLLOWING QUESTIONS:
In what emotional state,in your opinion, wasthe employee who servedyou?
The question offers the Mystery Shopper to choose one or more emotions that most accurately describe the emotional state of the serving employee. The received answers provide an opportunity to establish a
relation between positive, neutral and negative emotions and divide the employees into 3 conditional groups: Positive, Neutral and Negative. The percentage of these groups in the composition of the general sample
is found as the ratio of the number of emotions in each category to the total number of all voiced emotions. Since the Mystery Shopper in one survey can characterize an employee with several emotions, each
employee canrepresenteither one of the mentionedgroups or all 3 at the sametime.
What did the employee when he servedyou?
The question allows the respondent to choose one or more actions that match the employee’s behavior. With the help of the cross-analysis with a question about the emotional state of an employee, this allows to
determine the most typical behavior of employees both in general and for each of the groups - Positive, Neutral and Negative. For this, a rating of all actions voiced by MS is compiled, respectively, within the entire
sample or within the sample, whichcovers only the questionnairesof eachof the groups.
Which emotions did you havewhen youleft the store?
The MS is offered to choose one or several emotions from delight to irritation and anger, which remained with him at the end of the visit. The use of cross-analysis with questions about the emotional state and
behavior of employees allows you to establish which emotional state and actions of employees more often caused one or another emotion in a client. For this, within the framework of a sample consisting of
questionnairesin whichone of the client's emotions is mentioned, aratingof the emotional states of the employees andof all the actions they havetaken is calculated.
EMOTIONALCOMPETENCEANALYSIS.
METHODOLOGY
19. Objective Index is 80,00 points for the research period the result corresponds to the
category UNSATISFACTORY tothe valuable request.
The result of the objective index indicates that the manager`s behavior is strict and does
not lead tobeunder pressureof the customer`s special request.
All of the 7 chosen restaurants agreed to pack the dish in the special container with the
100 point. The subjective index concerning the same question was also about 65 points
that shows theconfidents ofknowing the competence.
Theshopper offeredto pay any price for thespecial request.-33points;
CONCLUSIONS
• Subjective Evaluation shows the emotional level of the amount of emotions of the manager
answering to the request. Overall the tone of callings was followed by the increases and fallings of
the emotional state.
• Regarding the most negative condition that was observed by asking to keep the event in total secret,
the index is 100points.
• Thecategory «Positive»mostly can be seenby the mealpacking.
• The emotional level «Neutral» was observed in the sphere of 4 blocks with the highest rate 95 points
by thelast requestof testingfood beforethemeeting.
• The research results demonstrate the decline of the main need satisfaction, but continue answering
all the questions with rising and falling the emotional level.