Consumers are difficult to read – they often say one thing but do another. This can present a huge problem to businesses that are trying to improve their products and marketing campaigns based on the input of their consumers. Knowledge is power, and without that information, companies will have difficulty engaging both new prospects and existing customers.
So if directly asking consumers isn't the best way of gaining their feedback, how can businesses go about doing that? As 1 to 1 Media recently noted, many customers are actually giving companies this feedback – however, they are doing so through their actions, not explicitly.
"Customers don't want to tell organizations what they think, or because they don't know how to best put this information across … This means that organizations have to be alert to the nuances in customer behaviors and interactions to find out what customers aren't telling them, as well as how they can apply this knowledge to improve their business," the news source notes.
This starts at a company level. Businesses need to implement new solutions that are capable of monitoring and recording these interactions and they have to commit to gathering this intelligence. It can't be a haphazard decision made by one person. That said, there are a few ways brands can begin making better use of customer interactions to form better marketing initiatives.
Follow the customer throughout the sales funnel
It's easy to determine the first point of contact with a new customer. However, following that individual as he or she interacts with a business through social media, email or any other channel is much more difficult. That said, it is also crucial to be with that person at every point of interaction.
For example, if a company doesn't realize that the Bob Steve is the same consumer as the Bob S who follows them on Twitter, the business isn't developing a complete customer profile on this person. This will present difficulties when trying to generate relevant offers – if there is no link between the email and social profiles, companies may miss when Bob Steve tweets about how much he loves a specific product.
"… If an organization measures success on a channel-by-channel basis, it might be getting a distorted picture of its customers," 1 to 1 Media adds. "Unless each point of contact is analyzed, companies could be missing out on precious telltale signs of customer dissatisfaction until it's too late."
Use transactional data
Consumers often speak with their dollars and there is no better way to collect information about them then by studying their transaction history. Judging by their purchases, businesses can tell which products or services customers are interested in, their dedication to the brand and their financial status. This, in turn, can be leveraged to create pointed and relevant marketing campaigns designed to better appeal to these individuals.
"Sometimes the best way to understand what a customer is looking for is to pull evidence of what they've done in the past, for example their purchasing history … examining this data can uncover potential problems and opportunities," the news source asserts. "It's also imperative to look at product-specific information that customers might be giving; for example, if a customer's usage of a particular product is on the decline."
The key is getting a complete picture of a customer. By only leveraging one source of information to inform multi-channel marketing initiatives, brands are handicapping themselves.