Satmetrix Reveals Findings on Cultural Differences in Customer Loyalty Surveys and Net Promoter(R) Scores.Satmetrix' Cross Cultural Benchmark Analysis Helps Companies Neutralize neutralize to render neutral. Customer Response Bias on Customer Loyalty Surveys FOSTER CITY, Calif. -- Satmetrix Systems, the leading global provider of on-demand software See SaaS. applications and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to measurably improve customer loyalty, today announced the availability of new multi-national data for customer loyalty benchmarking. The data and associated benchmarking service was developed for companies who operate in multiple countries or who wish to compare customer loyalty scores and practices across geographies. Key findings from the underlying research were published in the company's report, "Neutralizing Cultural Response Bias on Customer Loyalty Surveys." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the report, as more and more companies expand their operations globally, there is a growing need for understanding cross-cultural customer loyalty measurements. Companies often are looking to develop a consistent, high-quality customer experience across multiple countries. They may also want to set relevant goals for customer loyalty improvement. Whatever the objective, conducting a comparative analysis across countries requires external benchmarks to clarify whether differences in customer loyalty scores reflect real differences in performance or variations in customer response patterns caused by cultural response bias. Among the findings highlighted in the report: * Customers in Japan rate their customer satisfaction and loyalty lower than in most other countries. * Customers in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. tend to rate their customer satisfaction and loyalty higher than in other regions. * Customers in the Middle East tend to rate their customer satisfaction and loyalty higher than other European and Asian customers. "Without a mechanism to distinguish true performance differences from cultural response bias, comparisons of survey results across countries or regions can lead to inaccurate results and compromise the ability of decision-makers to confidently act on the data," said Dr. Laura Brooks, co-developer of Net Promoter and vice president of research and consulting at Satmetrix. "Companies that operate in multiple countries need to better understand how cultural factors influence customer survey responses, taking into account these differences when analyzing and acting on customer feedback." In response to this challenge, the Satmetrix Cross Cultural Benchmark offers an "in-country, cross-company" loyalty score assessment. This allows customer loyalty professionals to neutralize cultural response bias by keeping the loyalty score comparison within the cultural confines con·fine v. con·fined, con·fin·ing, con·fines v.tr. 1. To keep within bounds; restrict: Please confine your remarks to the issues at hand. See Synonyms at limit. of one country. Benchmarks are available for the Net Promoter[R] Score (NPS NPS National Park Service NPS Naval Postgraduate School NPS Net Promoter Score (customer management) NPS Non-Point Source pollution NPS Native Plant Society NPS Norfolk Public Schools (Virginia) ), the Satmetrix Customer Loyalty Index (CLI (1) (Call Level Interface) A database programming interface from the SQL Access Group (SAG), an SQL membership organization. SAG's CLI is an attempt to standardize the SQL language for database access. ), Likelihood to Recommend, and Overall Satisfaction. The Satmetrix approach enables companies to diagnose diagnose /di·ag·nose/ (di´ag-nos) to identify or recognize a disease. di·ag·nose v. 1. To distinguish or identify a disease by diagnosis. 2. when their performance is within or outside of bounds for the local cultural context, prompting a call for action which otherwise might be missed using other approaches. To download a free white paper summarizing these findings and best practices: http://www.satmetrix.com/resources/download_white_paper_frm.php?pdf =Neutralizing-Cultural-Response-Bias.pdf. (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) About Satmetrix Satmetrix Systems is the leading global provider of on-demand software applications and consulting services to measurably improve customer loyalty. The company's solutions support enterprise-level deployments to gather trustworthy data on customer experience, derive actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action. An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it. insights, and integrate this information into the daily work flow of employees throughout the organization. Satmetrix co-developed the Net Promoter([R]) customer loyalty metric with Fred Reichheld Frederick F. Reichheld (born 1952, Cleveland) is an United States business author and business strategist best known for his research and writing on the loyalty business model and Loyalty Marketing. , noted loyalty expert and Bain Fellow. The company has deployed more than 700 enterprise feedback solutions in 40 languages. For more information visit www.satmetrix.com, or call 1-650-227-8300 in the US or +44 (0) 208-846-8220 in the UK and Europe. The following are trademarks of Satmetrix Systems, Inc.: Satmetrix, Satmetrix Systems. Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld. |
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