Sunday, December 04, 2011

THOUGHT FOR THE DAY

Life

"Life is a book of riddles with the real lessons writ small in its margins." - Mohammed

TOPIC OF THE DAY

Using Social Networks to Improve Operations

For decades the mystery shopper was the main way retailers assessed operations from a customer's point of view. By sending in a fake shopper, typically once a month, an individual store essentially was buying a dozen performance snapshots per year. Then telephone surveys began to supplement mystery shopping. Today, digital technologies are supplanting both, with online customer surveys providing an exponentially greater number of performance snapshots per day.

A well-managed loop that links customer experience feedback with recommendations on social networks like Facebook, Twitter, and Yelp, can boost service quality and operational performance, increase traffic and create more happy customers — people who crow about a retailer online for free, turning their friends into new customers too.

Read on...

LATEST ARRIVALS

How to Write a Great Business Plan (Harvard Business Review Classics) by William A. Sahlman

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