Showing posts with label Salary Surveys. Show all posts
Showing posts with label Salary Surveys. Show all posts

Monday, February 2, 2009

How Much Do You Really Know About Your Customers?

by Sarah Clements

I recently met a new client who told me that he knows very little about his customers or the reasons they buy one product in preference to another. As shocking as this might sound, I am almost certain he's not alone. A great number of businesses we speak to can tell you all about their sales figures, about their average order values or about the number of new customers they have acquired. But when it comes to actually knowing what a customer thinks of them or perhaps more importantly, the business perception of themselves compared to that of their customers, then very few have a clear understanding of what makes their customers tick.

Perception mapping

In our experience, a simple solution to this problem can be to conduct a questionnaire to both internal stakeholders and a business customers and then analysing the results using perception mapping. Perception mapping uses survey data to provide a visual representation of the perceptions of diverse segments, in particular, highlighting key differences. It is particularly useful when analysing the differences in perceptions from a company and customer point of view in areas such as service levels and product quality. Perception mapping can help prove or disprove the perceptions or assumptions of a business and identify gaps in the service or product offering.

Are customer surveys a little "old hat"?

People may argue however, that customer surveys are a little "old hat" or that they struggle to get significant enough responses to allow accurate analysis. Again in our experience, if the right questions are asked in a non-intrusive way, using the most appropriate medium and to the right customers (and by that I mean ones who have an existing relationship with the business), then response rates can be surprising. We have seen response rates from online customer surveys as high as 75% and that's without offering an incentive to respond. Clearly it helps to have a very receptive and loyal customer base in order to see response rates that high but other surveys we have run on behalf of clients regularly get response rates in excess of 25% which gives more than enough accurate data to perform detailed analysis -providing enough questionnaires were sent in the first place obviously!

Questionnaires - a great way of getting customer insight

Questionnaires are also a great tool for cleansing or filling gaps in your customer profile information without customers feeling as though they are being interrogated by the Spanish Inquisition. Any analyst will tell you that having information like date of birth, occupation or postcode in customer data is invaluable when it comes to accurate profiling and segmentation or building customer insight initiatives such as propensity models. By clearly stating the purpose of the questionnaire (i.e. to improve customer service or help with product development) and asking carefully planned, relevant questions, detailed information on customers can be built-up and incorporated into database profiles.

...And to conclude

So in summary, here are a few points to remember and some advice about the successful use of customer questionnaires and surveys:

- Planning - think about why you want to perform a survey in the first place. Is it to address a specific business objective, to prove or disprove a theory or to gather valuable profiling data?

- Relevance - Make sure the questions reflect the information you want to gather and that they are relevant to the customers purchase behaviour... there is no point in asking a question if no action can result from its answer!

- Objectivity - Try and make your surveys and questionnaire as objective as possible, after all you want your customers to be honest in their responses even if the results make for difficult reading.

- Channel - If all your customer interactions are conducted online or via email, then it's a good idea (if not an obvious one!) to conduct a survey via the same channels. Online surveys give the added benefit of direction integration into marketing database systems without the need to data capture the results.

- Format - Complicated questions in a poorly designed format will only serve to dissuade customers from responding. Equally, complicated questionnaires with lots of free text will make data.

- Analysis - Most companies would say that they analyse the results of the surveys they have conducted but in our experience, very few actually get the most from the data they capture. Using a specialist data analyst or customer insight company can really help unlock intelligence in data and help you get the most from a customer survey.

About the Author

EWA are an award winning relationship management agency who provide professional outsourced marketing and communication services including contact centres, customer insight and database marketing.

Article Source: Content for Reprint

Tuesday, January 20, 2009

Top Paying Careers In America

Author: Tony Jacowski

Most people are aware of the fact that on an average, surgeons earn an estimated sum of $189,590 annually. The hefty package is the result of the in-depth knowledge and expertise involved in this profession. However, surveys reveal that assistants of physicians also earn around $63,490 per annum. Surveys have often been conducted to determine the top paying careers in the United States. Top Paying Careers: a. Surgeons And Health Care Professionals - According to most surveys, surgeons always lead the list of highest paying jobs, followed by anesthesiologists whose annual income amounts to around $181,420. Tagging along are gynecologists and obstetricians who as per survey, earn about $179,640 annually, while dentists earn around $133,350. It is evident from surveys that most highly paid professionals belong to the field of health and medicine with the exception of CEOs who are ranked in the 8th position among top ten careers. b. Personal Financial Advisors - Another lucrative career option is that of Personal financial advisors. However, in most surveys they fail to find a place in the list of top ten owing to their highly fluctuating incomes. It is estimated that the annual income of a successful personal financial advisor is around $145,000. On the other hand, an average financial advisor may earn only around $28,330 per year. Some of the factors that contribute to this immense income variation are high growth potential, rapid economic growth and finally, the educational index that this profession demands. c. Medical Scientists - The estimated average annual income of Medical Scientists is approximately $100,000, which might seem to be a paltry amount against their educational qualifications (doctoral degrees). However, they lead the list of other careers such as podiatrists, whose estimated income is $94,500, lawyers with an estimated average annual income of $91,920, optometrists earning $88,100 and other computer and information systems managers who earn approximately $83,890 annually. d. Marketing And Sales Managers - Statistics reveal that the estimated annual income of sales and marketing managers is around $80,000. According to The Bureau of Labor Statistics National Compensation Survey, estimated average white-collar earnings were around $21.85 per hour, estimated average blue-collar earnings were approximately $15.03 per hour, while the average earnings per hour for service occupations were only about $10.40. To obtain higher incomes, most top-end careers require a four-year college degree. As per the information obtained from Employment Policy Foundation, listed below are some of the career options at varying levels of education: a. Top Paying Careers For Individuals Who Do Not Have A High School Degree - Drafters - $36,000 Industrial production managers - $36,000 Bailiffs, correctional officers and jailers - $36,400 Construction manager - $33,600 Electricians - $31,900 b. High Paying Jobs For High School Graduates - Listed below are some of the career options that lay more emphasis on relevant expertise and experience instead of formal education: Computer programmers - $55,000 Network systems and data communications analysts - $49,000 Database, network and computer systems administrators - $48,000 Although a large number of jobs and professions require specialization and expertise in relevant field, it is possible to apply for some jobs after satisfying basic criteria of qualifications. For instance, individuals applying for the job of an air traffic controller are screened and recruited by the Federal Aviation Administration.

About the Author:

Tony Jacowski is a quality analyst for The MBA Journal. Aveta Solution's Six Sigma Online offers online six sigma training and certification classes for lean six sigma, black belts, green belts, and yellow belts.

Article Source: http://www.articlesbase.com/careers-articles/top-paying-careers-in-america-112509.html