Customer Experience Is the New Price Tag
Rising prices mean customers expect more. See why customer experience in franchising now matters more than menu prices or discounts.
Keep ReadingAren’t free things great? A free beer from your bartender buddy; a free lunch from a vendor hoping to gain your business; a free new car when you win a game on The Price Is Right. Some of these are easier to come by than others.
Unfortunately, when things are free they’re not always of the highest quality. And that’s okay… sometimes. Even the Franchise Business Review Franchisee Satisfaction Survey includes a free version. The survey itself is exactly the same as the paid version; the difference is that franchisors don’t receive in-depth reporting detailing our findings. Some clients are fine with that, but others realize the need to dig into the results to fully understand where they have challenges and work to improve their system.
Depending on a particular brand’s needs, “free” can actually carry a much, much larger cost than one of the price-tagged alternatives. For that reason, when it comes to building customer loyalty, it puzzles us why so many brands, both nationally recognized and localized startups, opt for free services like SurveyMonkey, expecting it to be an effective tool.
To be clear, we don’t have anything against SurveyMonkey itself. It’s actually a useful tool for gathering some quick feedback and generating a neat table to look at. But for an ongoing campaign that requires analysis and benchmarking, it lacks some needed depth. And especially when we’re talking about franchise customer satisfaction, there’s simply not enough customization and sharing of controls between franchisor and franchisee.
Franchise Business Review’s ShareMyFeedback platform gives you the insight and flexibility you need at a cost that’s still within your budget. More importantly, the investment is easily offset (and then some) by the loyalty you’ll build and the early detection of potential customer satisfaction issues within your brand.
Here are some of the benefits you get with ShareMyFeedback that you won’t find in a free tool:
If you’re still on the fence about whether ShareMyFeedback is right for you, we’d love to give you a short no-obligation demo and show you exactly how you’ll build better customer satisfaction, loyalty, and referrals.
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