Companies should consider adding customer feedback into the incentive compensation plan when they want to...
- Create a culture of customer-focus: Creating a culture change takes time and building customer feedback into associate compensation will reinforce the importance of customer-focused actions.
- Improve customer relationships: Process improvement, product innovation, and account relationships are areas that benefit from increased use and attention to customer feedback. Improvements in these areas will benefit your customer relationships and retention strategies.
- Gain attention from key stakeholders: Customer focused leadership often face resistance for common Voice of Customer (VoC) activities, such as reviewing contact information, following up with the customers, or creating customer-led action plans. If the resistance is strong, offer an incentive to help prompt attention to these important activities.
This post was published as a part of Walker Weekly, an e-newsletter featuring best practices and tips for B-to-B customer strategy.