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Here’s 3 Ways You Can Turn Customer Complaints into Your Next Great Product

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October 15, 2020
10.15.20
Thursday
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Businesses spend lots of money to understand their customers. From focus groups to feedback surveys and reviews, product development teams usually focus on what customers want.

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Bringing together leaders in industry and technology to drive innovation.
Matthew Wright
Founder & CEO
About Matthew
Matthew Wright is the founder & CEO of Specright, the first cloud-based platform for Specification Management. Specright has been recognized as a Gartner Cool Vendor, received the Salesforce Innovation Award and was named one of the Top Places to Work by the OC Register and Built in LA. Wright is also a published author and his book, “The Evolution of Products and Packaging,”was named to the Amazon Hot New Release List for Industrial Relations Business and has a five star rating.

Prior to founding Specright, Wright spent more than 25 years in the packaging industry, holding leadership positions at International Paper, Temple Inland, and rightPAQ — a packaging company he co-founded. He has also been involved in leading multiple M&A deals in the packaging industry and sits on the Packaging Advisory Board at Cal-Poly San Luis Obispo.
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Here’s 3 Ways You Can Turn Customer Complaints into Your Next Great Product

Businesses spend lots of money to understand their customers. From focus groups to feedback surveys and reviews, product development teams usually focus on what customers want.

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Blog

Here’s 3 Ways You Can Turn Customer Complaints into Your Next Great Product

Businesses spend lots of money to understand their customers. From focus groups to feedback surveys and reviews, product development teams usually focus on what customers want.

Posted on 
October 15, 2020
10.15.2020
Thursday
Matthew Wright
Founder & CEO, Specright
RegisterRegister
Download Presentation

Businesses spend lots of money to understand their customers. From focus groups to feedback surveys and reviews, product development teams usually focus on what customers want.

[vc_row][vc_column][vc_column_text]Businesses spend lots of money to understand their customers. From focus groups to feedback surveys and reviews, product development teams usually focus on what customers want. But when it comes to complaints, customers typically find themselves in a blackhole of customer service representatives.A study by Harvard Business Review found that customers who have a complaint handled in less than 5 minutes spend more on future purchases. And customers who have an issue but don’t complain often just stop doing business with you. What businesses don’t realize is that complaints can be more valuable than praise when it comes to product refinements and innovation.Customer complaint data can be the inspiration for your next product development cycle. With effective data management, you can turn customer complaints into your next great product.

Your Guide to Customer Complaints

1. Intelligently Capture Complaint Data

Between retention and new product ideation, customer complaints are valuable input for supply chain teams. But most of the time those who would benefit the most from this feedback don’t have visibility into it. That’s because this feedback lives in chat bots, hotlines, or review sites - and isn’t tied back to the product. To make customer complaints actionable, they need to be tied to the product. Specification Management software can bridge the data sharing gap between customer service, product teams, and suppliers. Add linkages from crucial complaint data directly to product specifications to help codify complaints for more effective resolution.

Best Practices for Capturing Complaint Data

In order to create this feedback loop, we’re seeing customers log complaints in Specright and tie them to the finished good plus any associated specifications (like lot codes, supplier information, or manufacturing processes).By tying complaints to specification data, users can get to the bottom of issues faster, figure out which product features work and which don’t, as well as develop new products. There’s a lot of data you can capture surrounding complaints, so we created a customer complaint workflow and included a glimpse of how you can do this in Specright. Click here to access.

Your Guide to Customer Complaints

2. Making Complaints Work for You in the Product Development Cycle

Now that you have complaint data on file and attached to all necessary information, you can use it to either correct and improve a product or create a new one.For example, one of our customers used feedback to adjust a formula after customers complained about the flavor of a new product. Because they tied customer complaints to finished goods, they were able to quickly identify this trend in customer feedback. As a result, they immediately altered the formula, tracked it as a formula revision, and automatically updated the finished good and production lot specs. Complaints about the flavor immediately decreased. With the ability to track all of this data, the voice of the consumer is put front and center in the product development cycle, enabling higher ROI and increased customer loyalty.

3. Using Data to Support Continuous Improvement

So you've refined or created new products and have a bunch of happy customers; the benefits don't stop there. Share these wins across your organization. With all complaints and corrective actions documented, change the stigma surrounding customer complaints. Demonstrate what’s possible with the right data in the right hands.To learn more about how you can start making your customer complaints work for you, reach out to a member of our team or book a demo.[/vc_column_text][/vc_column][/vc_row]

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About 
Matthew Wright

Matthew Wright is the founder & CEO of Specright. Prior to founding Specright, he spent more than 25 years in the packaging industry, holding leadership positions at International Paper, Temple Inland, and rightPAQ — a packaging company he co-founded. He has also been involved in leading multiple M&A deals in the packaging industry. He sits on the Packaging Advisory Board at Cal-Poly San Luis Obispo.

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