NLP
How to Use NLP to Improve Negotiation Skills?
NLP can improve your negotiation skills by helping you develop empathy
10 min read
09 December, 2024
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Research shows that it’s six to seven times more expensive to acquire new customers than it is to keep the existing ones.
And you can’t have loyal customers if they’re not satisfied!
Satisfied customers contribute to excellent CLV (Customer Lifetime Value) and are also your company’s biggest promoters, drawing new customers in with proven recommendations.
We know it all, so we whisper actionable strategies that will easily let you win your customer's heart. We go miles beyond basic satisfaction scores and help you identify key metrics that truly reflect customer loyalty, like Net Promoter Score (NPS). This data-driven approach allows you to measure progress and track the impact of your efforts.
When you work with us, you will gain an objective perspective, expert analysis, and a strategic framework to fuel your business growth. After all, a satisfied customer is the best business strategy.
We engage in collaborative discussions and competitive benchmarking to map client expectations regarding the Customer Satisfaction Index (CSI). Through this coordinated process, we establish clear, quantifiable objectives to kickstart the assignment.
We conduct an in-depth analysis of the 'Voice of Customer' (VoC) to highlight customer discomfort or neutrality areas. Using tools like Process Gap Analysis and Fishbone Techniques, we identify and formulate an accurate problem statement. The client then presents and validates this problem in a joint meeting, ensuring alignment and mutual understanding.
We develop a comprehensive action plan with defined milestones and accountable stakeholders to enhance the Customer Satisfaction Index. A strapping review mechanism is established to monitor progress and address gaps, ensuring continuous improvement.
Our execution strategy includes training, coaching, and assessments to transform employee mindset through reengineering 'Spiritual, Emotional, and Functional Intelligence.' Regular reviews are conducted through a pre-set mechanism to measure progress and identify deviations. Any deviations are addressed with corrective actions to meet the benchmarks established at the beginning of the assignment.
The assignment culminates in presenting results against the pre-set benchmarks established at the inception. We secure an official signoff and gather customer feedback on their experience with at-HiQ Consultancy, ensuring satisfaction and continuous enhancement of our services.
A high-performing restaurant sought to understand why customers preferred a competitor. After analyzing customer preferences, we discovered something shocking. Read to find out.
Customer satisfaction
Rating
Revenue growth
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Startups are built on innovative ideas and bold visions. But do you know that transforming those visions into reality requires more than passion? In that case, you need business process management as your strategic partner that infuses efficiency and excellence!
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the economy, but balancing growth with operational efficiency can be as challenging as walking on thin ice.
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Complexity in any department can cost the entire organization a lot. Meanwhile, business process management brings consistency to the chaos in every department. It analyzes workflows across departments, identifies areas for automation, and optimizes communication.
We are your customer satisfaction consultants who are analyzing whether your customer likes what you are doing!
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Customer Purchase Pattern has changed rapidly in the last decade. Due to digital evolution, customers have become well educated about product expectations, rights, and competition. Furthermore, customer patient level, mind space retention and loyalty has gone down. Due to all above changes, customers have become less forgiving of errors. Customer satisfaction measurement mechanism will help organisations to identify gap areas in the processes and resolve them in timely manners to retain customers and enhance referral business. Customer feedback captured with such mechanisms will also help organisations to improve products and strategy formation for business growth and expansion.
Robust customer satisfaction measurement will help organisations to learn why customers are buying or not buying products or services. It also helps build strong E (Electronic) reputation on the online platforms which will impact the new lead generation process. The results from the survey enables organisations to make right and timely changes in the business strategies. Ultimately this will help acquire more customers and improve referral business.
Customer satisfaction can be measured with personal & telephonic interviews, online and offline surveys, written feedback etc. Organisation to select one or multiple channels based on product and services they are offering, target audience and resources needed to operate the mechanism. There are various tools available in the market to capture customer feedback effectively.
Customer Satisfaction Measurement Mechanism should have limited questions which can cover all information needed to quantify customer satisfaction. These questions can be formed based on core of the business, target audience, competition strengths, business strategies etc. The questionnaire can be designed by analysing factors like language, mode of survey, target audience etc. Overall objective of the survey is to get all information required to make appropriate business decisions pertaining to product, process, and business governance.
There are two ways to analyse survey results. Manual analysis based on excel sheets and Artificial Intelligence (AI) based analysis. Normally survey results are categorised based on ratings given by customers on online as well as offline forms. Results with low ratings or poor reviews to be filtered for better understanding of the customer discomfort. Complaint Management System to be set to resolve all customer feedbacks with low ratings or poor reviews. Corrective actions to be taken to resolve current concern and avoid recurrence.
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