

{"id":114596,"date":"2020-11-17T14:00:51","date_gmt":"2020-11-17T22:00:51","guid":{"rendered":"https:\/\/www.questionpro.com\/blog\/?p=114596"},"modified":"2020-11-17T14:00:51","modified_gmt":"2020-11-17T22:00:51","slug":"business-is-good-but-are-your-customers-happy","status":"publish","type":"post","link":"https:\/\/www.questionpro.com\/blog\/business-is-good-but-are-your-customers-happy\/","title":{"rendered":"Business is good, but are your customers happy?"},"content":{"rendered":"<p><b>A Shock to the (Business) System<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Usually seen as a funny prank, especially when it is on video, is the chair that falls over when a leg is kicked out.\u00a0 Whether three legs or four, that chair is set up to balance the load across all of them in a specific way. When one of <\/span><a href=\"https:\/\/youtu.be\/chfTu1F2q3g\"><span style=\"font-weight: 400;\">those legs fails or is quickly removed<\/span><\/a><span style=\"font-weight: 400;\">, it falls.\u00a0 It can create quite a shock to the system when it happens to you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the many impacts of the pandemic in 2020 has been on businesses.\u00a0 The \u201cnon-essential\u201d retailers have been required to close their doors, travel was at a standstill for quite some time and even restaurants &#8211; though an essential business &#8211; had to modify service which impacted both costs and revenue.\u00a0 Certainly a shock to their systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, there are some businesses that have greatly benefited from these disruptions. An easy one to point out is food and restaurant delivery apps.\u00a0 I think most everyone would agree that this is the right service at just the right time &#8211; and certainly was a welcome infusion of revenue to their top line.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><b>Strong Growth, Profit and Customer Experience?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">One of the compelling discussion points behind all these food delivery services is that, while experiencing strong growth, they still are not making a profit.\u00a0 The outlook is bleak as well (as you will see in this <\/span><a href=\"https:\/\/www.seattletimes.com\/business\/technology\/doordash-ipo-papers-show-the-difficulties-of-the-food-delivery-business\/\"><span style=\"font-weight: 400;\">example<\/span><\/a><span style=\"font-weight: 400;\">).\u00a0 Why? They are not looking at the experience.\u00a0 While the service is filling a requirement right now, they have not really taken the time to listen to their customers.\u00a0 One may feel that the apps request an assessment of each customer after each order, but those are not the only customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When reading industry news, the two biggest complaints about these companies is 1) how they treat their delivery agents and 2) how they treat the restaurants.\u00a0 While any business model only works when you have paying customers, you also have to deliver on the product.\u00a0 In this case, the delivery is delivery and the product is the restaurants providing the meal.\u00a0 It should be noted, that when times were good, these companies were asking more from restaurants that were already squeezed because of the pandemic and giving less to the delivery agents who were struggling to get a little extra income.\u00a0 With the latter, there was even a big push by these companies in California to ensure they would be contractors and not employees.\u00a0 Regardless of the politics behind these initiatives (I can see both the good and the bad that can come from it), there was a reality that even while these companies were squeezing more from customers, delivery agents and restaurants, they still won\u2019t be able to turn a profit in a year that should have been a banner year for them.\u00a0\u00a0<\/span><\/p>\n<p><b>Shared Experiences Matter\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Perhaps the biggest lesson from all this is taking the time to understand <\/span><a href=\"https:\/\/www.questionpro.com\/blog\/customer-journey-dashboard\/\"><span style=\"font-weight: 400;\">customer journeys<\/span><\/a><span style=\"font-weight: 400;\">. \u00a0 It is important to look across the entire experience spectrum and understand where the process could break down.\u00a0 Much like the bicycle needs both wheels and the chain to connect the pedals to the tire, a business needs to optimize all those touchpoints to make it go forward. One might say that the restaurants and delivery agents are more like employees, but even then you should be understanding the <\/span><a href=\"https:\/\/www.questionpro.com\/workforce\/\"><span style=\"font-weight: 400;\">employee experience<\/span><\/a><span style=\"font-weight: 400;\"> for them &#8211; they are part of the journey. \u00a0 Ultimately, all these pieces have value in the journey and each piece needs to see a positive <\/span><a href=\"https:\/\/www.questionpro.com\/blog\/how-to-measure-what-customers-value\/\"><span style=\"font-weight: 400;\">value proposition<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0 Without providing that, the business is metaphorically kicking out one leg of a three-legged stool.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each business situation will vary, delivery agents in one company may be seen as employees or resources in another, it is vital for a company to understand how each fits into that value equation in the marketplace.\u00a0 It is also important to measure and understand the expectations and attitudes of all stakeholders, otherwise, that chair you are sitting on may fall.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><strong>QuestionPro offers some of the most advanced customer experience tools available.<\/strong> Gain valuable insights into your customers\u2019 thoughts and feelings using\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.questionpro.com\/cx\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">QuestionPro CX software<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0today.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\"><a class=\"square-cta secondary-lined-cta\" href=\"https:\/\/info.questionpro.com\/meetings\/kenneth-peterson\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Book Demo<\/strong><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Shock to the (Business) System Usually seen as a funny prank, especially when it is on video, is the [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":114597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[169],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business is good, but are your customers happy? 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