The results of J.D. Power customer satisfaction
studies show that high levels of customer satisfaction directly
impact repurchase rates, loyalty, and willingness
to provide personal recommendations. To improve customer satisfaction,
companies must first understand the expectations and experiences
of their customers. A plan is then developed to adapt business
processes to ensure that these expectations are met. Finally,
an ongoing customer satisfaction tracking program can be implemented
to confirm whether the modifications that were made are having
a positive effect on customer satisfaction.
J.D. Power has developed a consistent research approach
from industry-wide syndicated studies and proprietary studies
that are customized for each client, to consulting, training
and performance improvement services. The firm provides a
variety of research and business improvement services that
enable companies to develop the best plan to improve customer
satisfaction.