How to Turn Complaints, Comments and Compliments Into Business Wins | Entrepreneur
Briefly

The article emphasizes the importance of utilizing customer feedback to enhance brand loyalty and growth. It highlights that 70% of consumers prefer products developed with their feedback, and 67% are more loyal to brands that engage with them. The challenge lies in effectively converting this feedback into actionable strategies. Six tips are provided, including tailoring marketing offers and improving the customer journey. By leveraging feedback through surveys and analytics, brands can create personalized experiences and campaigns that resonate with consumers, ultimately leading to increased revenue and customer retention.
According to recent statistics, when customers receive ads based on their activity, the product's revenue grows by 38% and marketing spend efficiency by up to 30%.
To make it work for your own business, start by setting up regular post-purchase surveys to gather preferences and suggestions.
A smooth UX is a must. Almost half of all customers have stopped buying from a brand due to a poor digital experience.
Studies show that 70% of consumers prefer products developed with their feedback in mind, and 67% are more loyal to brands that seek their opinions.
Read at Entrepreneur
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