Looking for loyalty? Just ask.

August 24th, 2010

Companies have always looked to instil loyalty in their customers. It’s an invaluable way of increasing customer retention, generating incremental revenue and growing a business.

Loyalty can be encouraged through a variety of methods, including e-marketing, offering consumer rewards and demonstrating excellent customer service. But perhaps the most effective way of forging a lasting relationship with your customers is by asking for, and acting on, their feedback.

With this in mind, The Rocket Marketing Group present their 5 Top Tips for generating and utilising customer feedback.

1. Why do you want it?

Your first task should be to determine why you’re conducting the research, and whether you have the resources to make changes on the back of it. You may want to start with general questions to find out what customers think your strengths and weaknesses are, or you may already have an idea of what needs to be improved, and wish to tailor your questions accordingly. Is your poor customer service putting customers off shopping with you again? Is the ordering process easy for customers to understand? Are your prices prohibitively expensive? Once you have an idea of what may be alienating your customers, you can adapt your questions to find the specific things that annoy them, and get their suggestions for improvements.

2. How do you get it?

You also need to decide what form your customer feedback will take. There are several options to choose from including online surveys, emails, suggestion boxes, a ‘comments’ section on your website and utilising your call centre operatives, who have direct contact with customers every day. They all have their advantages, but it’s essential to match the method of generating feedback with your customer base. For example, online surveys or emailed questionnaires have the benefit of anonymity, which may allow customers to be more honest in their assessments. However, they are unlikely to elicit a useful response unless your customers are web-literate.

Generally, speaking to customers over the phone is a really good way of generating feedback, as it feels more personal, helps to develop a two way relationship between business and consumer, and allows you to investigate dissatisfaction by asking additional questions. Also, do not be afraid of receiving negative feedback from your customers. After all, if they only tell you what you’re doing well, you’ll never discover the improvements that can help your business reach its full potential.

3. The Reward (for your customers)

Many companies shy away from carrying out feedback surveys for fear of annoying their customers. But demonstrating a genuine interest in their thoughts and feelings lets them know that they are valued, and that you’re committed to providing the highest levels of service possible to them. Providing you’re polite, unobtrusive and respect the wishes of people who don’t want to participate, you should get some great results.

You can also offer consumer rewards and incentives either from your own company, or from a specialist provider of loyalty and reward programmes to sweeten the deal, and remind them that you took the time to ask for their opinions. Remember to thank your customers for taking the time out to answer your questions, and if their comments end up changing something about your business, tell them!

4. What do you do with it?

There is little use in spending the time and resources generating customer feedback if you’re not going to do anything with it. This is where the initial objective of carrying out the research and tailoring your questions to determine specifics about your business becomes so important. There’s no point conducting research into, say, the price of your product, if you don’t have the necessary margins to alter it when your customers tell you it’s too high.

If you’ve used a numerical system of questioning (asking customers to rate aspects of your business from 1-5 or unsatisfactory to excellent etc), you can analyse the data in a spreadsheet and look for trends, especially if you have also gathered information about the customers you’ve questioned, like their age, gender and the product they’ve purchased. If you’ve used a more anecdotal style of questioning, you’ll need to spend some time reading through the responses to understand what issues were uncovered. This may take longer, but it should give you a more detailed understanding of what your customers think of your business, and also has the advantage of providing ready made testimonials from those who’ve had a good experience.

5. The Reward (for you)

In time, you should start to see customer feedback as an intrinsic part of a cycle of excellent customer service that doesn’t simply stop once someone makes a purchase. Instead, by acting on the recommendations of your customers, you’re showing that you value their ongoing custom, and are willing to make alterations to your business to make them happy. Customers may also feel that they have an investment in your company if you make it clear you’re taking their ideas on board, and this connection between consumer and company is a key ingredient in building brand loyalty. When done correctly, it will help you increase customer retention and incremental revenue, as well as ensuring that your customers stick with you during the good times, and the bad.

Rocket pass ISO:9001 accreditation review demonstrating ‘strong focus on customer service’

August 12th, 2010

The Rocket Marketing Group has successfully passed its yearly ISO:9001 accreditation assessment with the British Standards Institution (BSI). Assessors found no outstanding issues and praised Rocket in their assessment report, stating they showed a ‘strong focus on customer service and development of the organisation’.

The annual assessment is designed to review the ongoing capability of Rocket’s Quality Management System in meeting ISO 9001:2008 standards, and to identify opportunities for further business and system improvements in the future.

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The dos and don’ts of email marketing

July 26th, 2010

Email marketing has become one of the primary methods of communication for companies looking to generate incremental revenue from new and existing customers.

The strengths of email as a marketing tool lie in its ubiquity, speed and economy, and when used correctly it can be an invaluable tool to generate revenue, drive customer retention and encourage repeat business.

However, with so many companies trying to capture the public’s attention, the competition for click-throughs is fierce, and there are important considerations to keep in mind when starting an email marketing campaign.

With this in mind, The Rocket Marketing Group present a guide to the dos and don’ts of email marketing.

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Rocket demonstrate continued growth as turnover exceeds £5m

July 20th, 2010

The Rocket Marketing Group have filed end of year results for 2009 showing an impressive 35% increase in turnover from £3.7m in 2008, to over £5m.

In a further year of terrific growth, Rocket’s pre-tax profits have also increased by 55%, proving that Rocket’s commitment to efficiency and business processes is reaping rewards.

Rocket has worked hard to expand on its success over the last three years, and has seen the results of new revenue partnerships with Living TV, Flying Brands and iSUBSCRiBE, as well as securing a further long-term deal with sit-up channelsRead the rest of this entry »

New marketing avenues generate big increase in online revenue

June 30th, 2010

With VAT set to rise to 20% in 2011, the retail sector will welcome the news that online sales jumped by 22% in May, compared to 2009 levels.

The online market has become a key sector for businesses, in part due to the financial limitations imposed by the recession. Companies have found marketing and selling their products online to be a very cost effective way of generating revenue and attracting customers, with the latest figures showing that shoppers spent £4.5bn online during May alone.

The research, conducted by the International Media Retail Group (IMRG) found that companies who utilised a range of sales channels had the most success. For example, retailers with both physical stores and online facilities saw year-on-year sales rise by 28%, compared with a rise of just 1% for online-only retailers. Read the rest of this entry »

The own goals of World Cup marketing

June 17th, 2010

Brands have been queuing up to align themselves to the World Cup, as spending on marketing campaigns looks set to top over £1bn by the end of the tournament.

But is this money well spent? While promotional tie-ins have long since provided a golden opportunity for advertisers to tap into the public’s interest, it seems companies are ignoring basic marketing principles in their haste to capitalise on the tournament.

With this in mind, The Rocket Marketing Group present three examples of common ‘Own Goals’ to avoid when promoting your product during the World Cup. Read the rest of this entry »

Britons enjoy mouth-watering savings thanks to upturn in ‘discount dining’

May 20th, 2010

One of the more positive trends to emerge from the recent recession is the advent of the discount dining culture. Where regular meals out used to be the preserve of the rich, it now seems that restaurants are opening their doors to a new breed of clientele who are only too happy to eat out once or twice a month, if there’s a discount involved.

Research from comparison website Moneysupermarket.com has revealed that restaurant vouchers are now the most popular of all vouchers claimed online, with diners saving an estimated £3bn in the last year alone.

The number of people in the UK eating out using vouchers has increased by 30% in the last year, with more and more restaurants offering discounts online and through loyalty clubs and reward programmes. With the number of people eating out once a month or more also increasing by 11%, it appears that the stigma of using a voucher to help pay for a meal may be a thing of the past. Read the rest of this entry »

Ash cloud chaos could have silver lining for UK tourism

April 23rd, 2010

As the UK’s airports begin to tentatively open their doors to the public following a week of travel chaos, experts are beginning to calculate the cost of unprecedented disruptions to British air travel.

While it’s clear that the airlines have lost huge amounts of money (around £1.1bn according to the International Air Transport Association), the cost to British tourism may yet prove to be negligible.

In fact, many industry experts believe the UK’s visitor economy may actually benefit in the long term, as the delays, cost, and discomfort suffered by stranded holiday makers may cause people to think twice about holidaying abroad in the future. Read the rest of this entry »

Businesses benefit from nurturing internal talent

March 24th, 2010

Businesses throughout the UK are reaping the rewards of promoting from within, rather than looking to external candidates to fill roles.

The Rocket Marketing Group are a Brighton-based company that specialise in creating loyalty and membership programmes, sales promotions and consumer rewards. The company’s dedication to developing a culture of employee development that emphasises training, support and internal promotion has led to a substantial growth in incremental revenue over the last three years. Read the rest of this entry »

Rocket partners benefit from spike in revenue

March 17th, 2010

Companies throughout the UK are reaping the benefit of partnerships with Rocket Marketing. Both Butlins and Haven have reported a substantial increase in revenue at the start of 2010 having joined with Rocket to offer customers up to 50% off the price of their holidays.

Butlins have seen an extra 155 bookings as a result of the promotion, which has generated over £67,000 worth of income since they became part of The Big Savings Club in October 2009. Haven’s involvement with Rocket has resulted in an additional 34 bookings being made to its parks in the first two months of 2010, generating over £9000 worth of revenue. The company has also seen an increase in web traffic to its site following the implementation of its promotion with Rocket. Read the rest of this entry »