Customer Satisfaction and Loyalty

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • Jan-06-2025

    Kuala Lumpur

  • Apr-07-2025

    Kuala Lumpur

  • July-07-2025

    Kuala Lumpur

  • Oct-06-2025

    Kuala Lumpur

Dates in Other Venues

  • Jan-06-2025

    London

  • Jan-06-2025

    Istanbul

  • Jan-06-2025

    Paris

  • Jan-06-2025

    Singapore

  • Jan-06-2025

    Barcelona

  • Jan-06-2025

    Amsterdam

  • Feb-03-2025

    Dubai

  • Mar-03-2025

    London

  • Apr-07-2025

    Amsterdam

  • Apr-07-2025

    Dubai

  • Apr-07-2025

    Paris

  • Apr-07-2025

    Istanbul

  • Apr-07-2025

    Singapore

  • Apr-07-2025

    Barcelona

  • May-05-2025

    London

  • June-02-2025

    Dubai

  • July-07-2025

    Barcelona

  • July-07-2025

    Istanbul

  • July-07-2025

    Amsterdam

  • July-07-2025

    Paris

  • July-07-2025

    London

  • July-07-2025

    Singapore

  • Aug-04-2025

    Dubai

  • Sep-01-2025

    London

  • Oct-06-2025

    Barcelona

  • Oct-06-2025

    Dubai

  • Oct-06-2025

    Amsterdam

  • Oct-06-2025

    Paris

  • Oct-06-2025

    Singapore

  • Oct-06-2025

    Istanbul

  • Nov-03-2025

    London

  • Dec-01-2025

    Dubai

Course Details

Course Outline

5 days course

 

Introduction to Customer Satisfaction and Loyalty

 

  • Customer satisfaction, retention, loyalty and delight
  • Setting customer expectations
  • Getting closer to customers, understanding value
  • Understanding customer needs and expectations

 

 

Key loyalty measurements

 

  • Customer Satisfaction Index (CSI) and Customer Retention Rate (CRR)
  • Profit impact of CRR
  • Customer life expectancy
  • Customer loyalty index

 

 

Loyalty and profits

 

  • The cost of loyalty
  • Generally Accepted Accounting Principles (GAAP) shortfall
  • Activity Based Costing (ABC)
  • Customer profitability and the whale curve
  • Customer profitability at best practice companies
  • The strategy quadrants

 

Customer satisfaction surveys
 
  • Surveys and questionnaires
  • Customer surveys guidelines
  • Different survey metrics
  • Types of satisfaction surveys: transactional versus image-based satisfaction surveys
  • Who and what to measure

 

 

Managing Customer Expectations
 
  • Exceeding customer expectations every time
  • Determining how to exceed expectations
  • It’s the little things that matter – increased satisfaction at minimal cost
  • Asking for feedback on performance
  • Ongoing evaluation of effectiveness to ensure satisfaction
  • Maximise the value you deliver
  • Understanding different customer styles

Course Video