Performance
dashboards are a commonly used management tool to improve corporate
performance. While this sounds good in
theory, how can a small business use dashboards to improve customer
satisfaction and increase sales?
Sales and Customer Satisfaction
Another
potentially important category of measurements is sales and customer
satisfaction. For your business to
succeed, you need sales. Are you getting
enough? Does your sales pipeline have
enough backlog to keep your company running at a satisfactory level? Does your operational system generate quality
products that you customers like? Do you
have one particular customer service rep who constantly makes order entry
errors? Identifying sales measurements
is easy for most organizations. However,
identifying key measure of customer satisfaction may be more difficult. Time spent discussing your operation and
identifying how to measure satisfaction, or more importantly dissatisfaction,
will pay dividends as you attempt to grow your business. Potential measurements for this area might
be:
Orders
by Time of Day
Customer Complaints by Product
Order Errors by Shift
Stock-outs by Product Type
Sales Volume Over Time
Order Backlog
Sales by Region or Department
Marketing Costs Payback
Sales by Category
Sales by Salesman
On-time Order Delivery %
Complaints as a % of Sales Orders
Returns by Product Type
Product Failure Cost
Customer Satisfaction Rate
Product Quality Index
Customer Complaints by Product
Order Errors by Shift
Stock-outs by Product Type
Sales Volume Over Time
Order Backlog
Sales by Region or Department
Marketing Costs Payback
Sales by Category
Sales by Salesman
On-time Order Delivery %
Complaints as a % of Sales Orders
Returns by Product Type
Product Failure Cost
Customer Satisfaction Rate
Product Quality Index
Do you have other sales and customer satisfaction
related measures that small business owners should measure?
Leave a comment with your suggestions. If you need help
setting up performance dashboards for your business, give us a call.
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