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Customer Satisfaction KPIs

Customer satisfaction KPIs are quantifiable measurements that monitor the performance of the customer service team in ensuring customer satisfaction over time. These KPIs track aspects such as customer complaints, response times, issue resolution rates, and customer retention rates. Achieving high levels of customer satisfaction is essential for building customer loyalty and increasing sales, which is why businesses invest significant efforts and resources in measuring and improving their customer satisfaction KPIs.

Customer Satisfaction KPIs Reporting Dashboard

Customer Satisfaction Objectives for Customer Service Agents

Customer satisfaction is integral to the company’s success. And it forms a vital part of the company’s customer-facing role, ensuring that the customer is satisfied with its service, driving sustainable growth over time. These objectives measure the customer service agent’s ability to perform in this role consistently over time.

  • Improve customer waiting time – The customer waiting time is the length of time a customer is put on hold during a support call. Two-thirds of customers feel that being put on hold for less than one minute is too long. Customers will perceive that they have experienced poor service if left waiting too long.
  • Improve customer greetings – The way employees greet clients is a core part of excellent customer service. This KPI measures the following: Agents should speak clearly, introduce the company and themselves, and make the caller feel valued. It’s essential to define a flexible script adaptable to various situations to assist customer service agents.

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  • Improve product or service knowledge – Customer service agents should have an excellent working knowledge of products and services that the company offers. They will create a poor image of the company if their product knowledge is not first-class. Poor scores in this area demonstrate a need for more regular training.
  • Improve agents’ problem-solving skills – Problem-solving skills are defined as the ability to determine the source of a problem and find an effective solution to the problem. This KPI measures whether agents can use their initiative to solve customer problems. Customers what their issues, identified, diagnosed, and instantly fixed.
  • Improve the abandoned call rate – The abandoned call rate is a fundamental part of evaluating customer service agents’ performance. Clients who spend too long waiting for help may abandon the call and move to a competitor instead. This metric helps determine whether the agent-to-call ratio is too low for management to improve the agent-to-call rate.
  • Improve the success rate of calls – The success rate of calls is the number of customer service calls that are successfully solved. This ratio is an essential component of evaluating customer service performance. Agents must solve all problems. This metric will determine how successful your customer service center is and where more attention is needed.
  • The agent’s tone and language – Customer service agents are expected to be polite and well-mannered, and they are also expected to be patient, knowledgeable, and kind. Customers are more likely to accept a negative outcome if the agent is understanding. Customers will accept delays in answering the query if the agents phrase the delay positively.
  • Calls answered over time – Calls answered overtime is defined as the number of calls that agents are attending to overtime. For example, this metric measures how many calls agents are getting through in an hour. This ratio measures both the agents’ productivity levels and the employee to the number of calls ratio.
  • Immediate responses versus queued calls – The immediate responses versus queued calls ratio measures how many calls are answered immediately versus the number of calls that end up in the automated queuing system. Although, getting through to an agent may be rare, the more customers that reach an agent immediately, the better the perceived customer experience.
  • Customer satisfaction by end of the call – The customer satisfaction by end of call metric measures how many customers are satisfied by the end of their interaction with the company’s agents. Customer satisfaction is the goal.
  • Identify and assess customers’ needs to achieve satisfaction – This KPI tracks and measures the customer service agent’s ability to identify and assess the customer’s needs to achieve satisfaction over time. The higher this metric, the greater the extent to which the agent can identify and evaluate the customer’s needs to ensure continuous satisfaction throughout the customer’s lifecycle.
  • Provide accurate, valid, and complete information using the right methods and tools – This KPI measures the customer service agent’s ability to provide accurate, valid, and complete information using the right methods and tools. The higher this metric, the greater the extent to which the agent can ensure customer satisfaction by providing accurate and complete information using the prescribed procedures and tools.
  • Keep records of customer interactions – It is imperative to keep records of all customer interactions and engagements throughout the customer’s lifecycle, ensuring customer satisfaction over time, driving sustainable growth and sales. This KPI measures the customer service agent’s ability to keep a consistent record of all customer interactions and engagements.
  • Process customer accounts – Customer accounts must be updated and processed quickly, efficiently, and on time. This KPI tracks and measures the customer service agent’s ability to ensure customer satisfaction over time by processing all customer accounts. The higher this metric, the greater the extent to which the agent processes customer accounts as required.
  • File all customer-related documents correctly and timeously – Filing all customer-related documents timeously and correctly is an integral part of ensuring customer satisfaction over time. This KPI tracks and measures the extent to which the customer service agent files all customer-related documentation precisely and on time to ensure continued customer satisfaction.
  • Follow communication procedures, guidelines, and policies – Following communication procedures, guidelines, and policies is an integral part of making sure that the customers remain continuously satisfied. This KPI tracks and measures the extent to which the customer service agent can follow all communication procedures, guidelines, and policies, ensuring continued customer satisfaction.
  • Go the extra mile to engage customers – Customers remain loyal to a brand’s products and services if their satisfaction levels are consistently high over time. Customer service agents must go the extra mile to consistently and continually engage with customers to ensure that they continue to remain satisfied and engaged with the brand over time.

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Customer Satisfaction Objectives

Customer Satisfaction KPIs measure the company’s customer satisfaction levels. Customers are the lifeblood of a company, and post-purchase customer service is one of the least emphasized aspects of a successful organization, to the cost of the organization. Satisfied customers are loyal customers with high repurchase statistics.

  • Increase cross-selling opportunities – Cross-selling is a sales technique that encourages customers to purchase similar products to what’s already been bought. A vital part of the customer service performance evaluation is measuring whether agents seize cross-selling opportunities when they arise or not. Missed cross-selling opportunities could result in failing to answer the customers’ requirements.
  • The response to training – The response to training measures the extent to which agents integrate their knowledge gained through coaching and training into their daily customer interactions. This metric measures how effective your learning management is, and identifies which agents need additional training.

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  • External, industry benchmarks – External benchmarking is the method that gathers and analyzes details of your competitors to provide an understanding of where your brand is in relation to its competition. For this metric to add value, it is essential to identify businesses that are close competitors; otherwise, there cannot be an apples-to-apples comparison.
  • Brand attributes – Brand attributes measure whether your brand’s voice or your target audience’s perception of you and your brand are the same, especially with what they expect from the brand. When your company’s and your customers’ perceptions of your attributes align, you’re more likely to keep customers happy and returning for more.

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Customer Satisfaction Objectives for Customer Service Managers

Customer service managers’ customer satisfaction objectives are designed to supervise and oversee the customer service team’s day-to-day activities to ensure that the customers are happy and satisfied with the customer service they receive. These objectives are designed to measure the customer satisfaction manager’s ability to fulfill this role over time.

  • Improve customer handover rates – The customer handover rate is the number of times a customer is passed from agent to agent. If one agent can’t solve a problem, it is wise to hand the customer over. However, the caller must not be bounced from agent to agent. This is poor customer service.
  • Improve the minutes per call metric – The minutes per call metric measures the number of minutes an agent takes to solve a call. Calls must be answered, and problems resolved as efficiently as possible. The more calls agents get through, the more customers they can help.

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  • Improve customer complaints per call – The customer complaints per call KPI is designed to measure the number of complaints an agent receives during a call. Customers should have no reason to criticize an agent during a call. Complaints happen. By using speech analytics software to analyze the conversation, you can provide an effective solution.
  • Improve the ratio of submitted tickets solved – The ratio of submitted tickets solved is the number of tickets logged or submitted that are solved. If this number is low, you must find ways to boost productivity, provide more knowledge and tools, or expand your customer service team.

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These customer satisfaction KPIs are an integral part of ensuring that the customer service team meets its core efficiencies. Customer service plays an indispensable role in ensuring that the customer conversion and sales metrics grow and improve continuously. Therefore, measuring these objectives is critical to organizational success. They focus on tracking metrics grouped as the customer satisfaction objectives for the customer service agent, team, and manager result areas.

It is essential to track and measure these objectives over time because they offer insight into the customer service division’s successes and necessary improvements. Metrics like reducing the customer waiting time, improving customer greetings, improving product or service knowledge, and consistent customer satisfaction best practices play a fundamental role in driving sales figures and customer conversions up.

Using customer satisfaction objectives for the customer service manager, officer, and team aim to ensure consistency over time. High performing metrics are valued, translating into an effective customer satisfaction strategy and application thereof by the department. On the other hand, low performing metrics must be revisited to ensure a consistent performance improvement over time.

Benefits of AssessTEAM cloud-based employee evaluation form for your customer satisfaction team.

  • Use on all smart devices
  • Include custom KPIs
  • Keep historic trends
  • Include eSignatures
  • 360-degree feedback
  • Unlimited customization
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