Incentivised Feedback

 

Practical Sales Training™   > How To Keep Your Clients Happy > Incentivised Feedback

 

 

 

What is it?

Incentivised feedback is all about learning from your clients (and prospects) by incentivising them to share their thoughts.

 

Why does it work?

It works because very few people will be happy to spend time trying to help your business and provide their thoughts for free. But, for the cost of a gift card or a discount off a next purchase, you can easily access some incredibly valuable insight into what works and what doesn’t work with your offering.

 

How can you use it?

Think about the things you would love to know about your business / offering . What could you improve? what is going well? what do people really want? Collate a short list of questions together and then use the power of incentivising people for their feedback – either in the form of a direct reward such as a gift card, or a discount on their next purchase to gain access to their opinions. Done well, the insight from such an exercise can prove invaluable in terms of your future success.

 

Hypothetical Example:

A skincare brand wants to launch a new moisturiser but isn’t sure which fragrance customers will prefer. Instead of guessing, they send an email to 500 past buyers offering a £10 gift card for completing a 5-minute survey about product preferences.

The response rate is 3x higher than a typical survey, and the insights help the brand confidently choose the fragrance that will sell best. The small cost of the gift cards is far outweighed by the product’s improved success and customer satisfaction.

Similarly, a SaaS company struggling with onboarding sends a follow-up email:


“Tell us about your first 30 days using our software and receive a 10% discount on your renewal.”

The feedback not only improves the onboarding process but also encourages customer retention by offering the discount.

 

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