Strategic Importance of listening to the Voice of Customer through the right system
Voice of the Customer (VoC) is no longer an add-on but a must-have strategy. It has become a key part of Customer Service. Businesses have realized the importance of understanding their customers’ preferences and viewpoints. They are incorporating the voice of the customer in their sales, marketing and customer support process to make them more effective.
- (Jim Davies, research director at Gartner)
VoC Software Systems
There is a wide array of VoC systems available in the market. Right from social media monitoring tools to web analytics tools – all these and much more fall under the category of Voice of the Customer. So there is a tough choice for the businesses to make.
Neil Davey, editor of MyCustomer has commented on this problem. In his opinion there are two major reasons why the success rate of VoC programs is not up to the expected level:
- Looking at the popularity of VoC, many vendors have just jumped into this bandwagon with a below-par software system. These software systems ideally do not fit into the VoC category. As a result, businesses who have invested in these VoC systems have got stuck in a soup.
- To gain maximum benefit out of VoC initiative, many businesses have invested in multiple VoC systems, regardless of whether they actually need it or not. And hence, what they have got is a ‘’disjointed and fragmented” work landscape.
The challenge of using different standalone VoC platforms
With multiple VoC technologies operating under different departments, individual benefit is only getting increased. That is because the siloed technologies and departments are keeping the customer feedbacks to themselves. There is no sharing of customer data among the departments. It is like businesses are capturing some great customer feedbacks that they as a whole are simply not aware of.
However, gradually businesses have started acknowledging the importance of having one unified VoC system. They are demanding a single technology that incorporates feedback from a range of channels, shares it across departments and helps get a complete idea of the customers opinion. And it is ideally at this juncture that cloud CRM solutions have emerged as the ideal VoC platform.
CRM as the Perfect VoC Platform
New-age cloud CRM tools capture customer feedback from all sources and organize them together to provide a holistic view of the customers opinion. No additional effort required from the businesses’ side! Using the CRM, businesses find it easy to answer questions like –
- Most active customer feedback channels
- Kind of data getting generated from these channels.
Most importantly - Businesses easily analyze customer feedbacks to derive actionable insights and implement those in marketing, selling and customer service strategy.
Del Martile comments –
Businesses now interact with their customers through multiple channels. In view of this fact, developing a clear view of the customer feedback across all these touchpoints is necessary. Functioning as an organization-wide solution – CRM permeates to all aspects of the business unit and aligns the VoC programme to the organization’s overall goals. It maps all the customer touchpoints and put the processes and channels in one centralized place to ACT UPON.
Customer journey right from marketing, sales to service is all stored and recorded within the CRM. This means that as a business entrepreneur, you can capture and analyze customer feedback in real-time. You are also empowered to use the CRM to share the customer insights within/outside your organization. Along with your team, you measure customer experiences at all the key touchpoints which helps to:
- Re-engineer processes and drive change across the board
So choose a cloud CRM software to make your VoC programme a success! However, with more than 200 CRMs available in the market, you just have to be sure to select the best cloud CRM software for your business. But how will you do that? Do you have any tips? Share with us below
Patricia is a full time CRM consultant at ConvergeHub and part-time blogger. She has earned herself quite a fame as a specialist and market expert in CRM software. In the last five year she has worked with various companies as CRM consultant to help them move their businesses to cloud. Her expertise lies in offering cloud CRM consultation, CRM customization and integration solutions to small enterprises. For last one she is engaged in building ConvergeHub, cloud-based CRM solution for SMBs, as a consultant.Follow her at Twitter: @convergehub