Platinum Edge Consulting

 

 

 

Platinum Edge Strategy

In This Section
Conducting Customer Value Analysis -Our Customized And Flexible Approach
Why Use An External Consultant

 

Who We Are

About Customer Value Analysis

The Platinum Edge Strategy

Expertise

Contact Us

Links

 

Who We Are | Customer Value Analysis | Platinum Edge Strategy | Expertise | Contact Us | Links

 

In This Section

Conducting Customer Value Analysis -Our Customised And Flexible Approach
Stage 1 - Design: What Should You Ask Your Customers
Stage 2 - Implementation: What Did They Say
Stage 3 - Analyse: A Closer Look at Some of our Techniques
Stage 4 - Making Recommendations For Excellence
Stage 5 - Action Planning: Realigning for Success
Stage 6 - Results Tracking
Why Use An External Consultant
 

 

 

Our proven strategy is simple and straightforward, yet extremely effective!

CHART

 

Conducting Customer Value Analysis -our Customised and Flexible Approach

We devote special effort to design a study customised to address your organisations needs and strategic goals. We can execute a comprehensive customer satisfaction and loyalty measurement system-from project plan to action plan, or support you by enhancing or conducting any component of the initiative.

Our process is specially designed to help you:

Assess What You Want to Achieve
Design a Solid Customer Satisfaction/Value Measurement Tool
Execute the Satisfaction/Value Survey
Make Recommendations for Excellence Based on Survey Results

Our proven Strategy is simple and straightforward, yet extremely effective, and involves minimum imposition on your precious time.

 

Here’s what we do and how it works for you:

 

Stage 1: Design: What Should You Ask Your Customers?

Once you have approved the project plan, the critical task of developing your customised study begins. This requires gathering input from both your organisation and customers.

Our internal evaluation usually begins by interviewing your management and employees who have direct impact on the customer relationship. We probe for their specific concerns and identify their beliefs about customer needs and satisfaction issues. Employee participation in the design of the study generates critical support for the effort. It enhances communication within your organisation and boosts morale through active employee involvement.

In our external evaluation, select representatives from your customer base and a selection of competitors customers are interviewed in-depth. We ask specially designed, open-ended questions to develop an inclusive list of customer issues and thoroughly understand customer vocabulary.

Factoring in all that we have discovered, we create a comprehensive survey instrument with evaluation scales for use in the data collection phase of your study.

We ask the right questions so you get the right answers. We will help you:

Understand internal concerns
Explore strategic goals
Determine internally perceived issues
Identify customer satisfaction/value issues
Design a survey instrument with meaningful measurement scales, formulated for attainable results on multiple levels

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Stage 2: Implementation: What Did They Say?

Once clear on the questions that need to be asked, we can conduct the customer satisfaction and value survey. Depending on your timing, budgets and established mode of customer communication, we determine the optimal manner for survey administration. Your options include mail, telephone or one-on-one interviews with your former, current and prospective customers.

Our advanced survey techniques will cover issues such as:

Customer expectations of your organisation
Customer perceptions of your organisation's performance
The relative importance of customer satisfaction issues
Your organisation's performance relative to your competitors
The degree of customer loyalty to your organisation

Our methods and expertise in this area of data collection  are truly second to none.

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Stage 3: Analyse: A Closer Look at Some of our Techniques

Our consultants who understand the key issues and emerging trends in your market translate these raw numbers and verbatim comments from the survey into meaningful customer information. The analysis includes segmenting your customer base in ways that are relevant to your business which may include region, size, industry and strategic importance. The outputs of our Customer Value Analysis allow you to make solid decisions about your future based on factual customer input.  Our analytical techniques include:

Perform various analyses – such as factor analysis, gap analysis, and quadrant analysis
Measure expectations
Identify drivers of loyalty
Evaluate competitive performance
Analyse and interpret study findings

We summarise results in formats which are easy to follow and understand.

 

You’ll get feedback information in formats which have the most meaning to you.

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  Stage 4: Making Recommendations for Excellence

This stage focuses on collaborative creative solutions that help achieve congruence between your sales, marketing, business strategy, perceived value and your customer¹s needs and interests. Platinum Edge Consulting teams up with members of your organisation to prioritise improvement areas and develop specific solutions. The improvement areas may include the following:

Defining and Identifying Your Value As Your Customers Perceive It:
Solutions in this area focus on understanding the end-results that would be most desirable to various customers, and help you create superior value delivery to your target customers.
Benchmarking the Optimum Selling Profile for Peak Sales Performance
These solutions effectively integrate information technology to enhance your sales and customer contact processes.

To improve your customer satisfaction and your position in the marketplace, our research can show you:

exactly what service dimensions most impact your customers’ overall opinion and their likelihood to repurchase or recommend your product,
the strengths and weaknesses of your customer service relative to your competitors, and
 what internal policies, operating procedures and systems are hindering your employees from delivering a level of service that creates loyal customers.

We offer you recommendations on how to reallocate resources to attain your goals. We provide you with solid plans for improving your ability to respond to the voice of your customers.

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Stage 5: Action Planning: Realigning for Success

Effectively communicating research results throughout your organisation is another critical factor in the successful execution of your customer satisfaction and loyalty program.

We can also follow the benchmarking phase with interviews among your managers and front-line personnel to reveal obstacles and opportunities for exceptional service.

Then we tailor a tracking program to show you just how your customers perceive your performance on the service dimensions that most impact their repurchase decisions and recommendations.

We provide the results to you on a reliable schedule and in a format that is easily understood. 

Then we help your management team develop actionable solutions for correcting any problems we uncover.

 

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Stage 6: Results Tracking

    Upon implementation of improvement strategies, we will offer you the option to continue to regularly assess, remeasure and track your performance so that you can continue to grow and improve over the long term.

 

    Together, we will track your implementation efforts, monitor shifts in the relative importance of your customer satisfaction issues, and continuously identify emerging competitive threats.

    Monitoring your performance over time also enables you to compare your performance with that of existing and emerging competitors.

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Why use an External Consultant?

Unbiased data is critical to the accurate measurement of competitiveness. For best results, professional interviewers -- from an outside firm -- should collect data from a representative and random sample of the entire target market of interest. Objective information is unattainable when using one's own employees (for obvious reasons) and impossible to gather solely from one's own customer list (because of skewing). 

Therefore, outsourcing the project to a professional marketing research firm like Platinum Edge Consulting is the best way to ensure the integrity of the data collection process and the objectivity of the market study. 

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Who We Are | Customer Value Analysis | Platinum Edge Strategy | Expertise | Contact Us | Links

Send mail to p-edge@bigpond.net.au with questions or comments about this web site.
Copyright © 1999 Platinum Edge Consulting
Last modified: November 16, 1999