Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Business Startups»How to Turn Complaints, Comments and Compliments Into Business Wins
    Business Startups

    How to Turn Complaints, Comments and Compliments Into Business Wins

    FintechFetchBy FintechFetchJune 12, 2025No Comments5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Opinions expressed by Entrepreneur contributors are their own.

    Studies show that 70% of consumers prefer products developed with their feedback in mind, and 67% are more loyal to brands that seek their opinions. If you want to grow and retain your customer base, it’s time to embrace this goldmine of insight and convert feedback into strategies around it.

    The challenge isn’t just collecting opinions; it’s knowing how to transform them into action. In this article, I will share six tips on how brands can turn their customers’ feedback into long-term success.

    1. Tailor marketing offers

    Customer feedback offers direct insights into consumer preferences and pain points, influencing the way you build marketing strategies and develop your product offerings.

    According to recent statistics, when customers receive ads based on their activity, the product’s revenue grows by 38% and marketing spend efficiency by up to 30%. Meanwhile, only 32% of marketers personalise their advertising.

    Take Amazon as an example. By analysing feedback and reviews, the company fine-tunes its marketing strategy, tailoring campaigns to specific customer segments. Their personalised product recommendations are based on browsing and purchasing history, thus staying relevant to each customer’s unique interests and preferences.

    To make it work for your own business, start by setting up regular post-purchase surveys to gather preferences and suggestions. Use CRM and analytics tools to segment your audience by behavior, purchase history and feedback themes. Based on this data, create dynamic campaigns that speak to these segments – think emails with similar products or time-sensitive curated offers.

    Related: Why Your Content Messaging Isn’t Converting — And What to Do About It

    2. Better the customer journey

    A smooth UX is a must. Almost half of all customers have stopped buying from a brand due to a poor digital experience, while 66% are happy to share personal data if it results in better service. Companies that prioritise UX can see a 42% increase in customer retention, a 33% rise in satisfaction levels and a 32% boost in sales.

    Ryanair gets almost 2 million website visitors daily. Their UX team created open-ended surveys to better understand their typical customer’s journey — from searching for flights to booking extras. This process generated a huge database of insights that spotted potential areas for optimisation and opportunities for improvement.

    Lesson learnt? Don’t just rely on tick-box surveys — open-ended questions like ‘How could our website be improved?’ offer a treasure trove that can uncover unmet needs or help with design decisions. The next step is adjusting your strategies based on recurring UX issues raised in customer feedback, whether that’s unclear pricing, clunky navigation or slow loading times.

    3. Drive revenue by building on feedback

    While only 21% of product managers currently use customer feedback as a primary data source, companies that do often see up to 30% higher profitability. Customer feedback pinpoints what’s working, helps to find out what went wrong and prioritises product features that matter.

    Once you release new features, run quick surveys to get to know the impact on user experience and potential for further improvements. Next step is delving deeper: experience with customer development, online feedback sessions with loyal customers, “Suggest an idea” form on your website or app.

    Be sure to analyse complaints related to lost time, money or inconvenience, as these pain points often drive revenue loss. Finally, make sure your product, sales and support teams have full access to customer insights, keeping feedback central to your product development.

    Related: Are You the Bottleneck? 3 Ways to Overcome Founder’s Syndrome

    4. Strengthen reputation

    Featuring customer reviews and ratings on product pages can boost conversions by 34%, and showcasing recommendations can increase sales by up to 270%. Showcasing positive reviews not only strengthens your reputation but also can serve as a reference for other customers navigating the same market. Moreover, your existing customers can find useful tips and unexpected uses for your product from the experiences shared by other users.

    Reviews don’t just protect your reputation — they educate your audience, increase trust and can even guide future product improvements.

    Domino’s Pizza faced a reputation crisis after a video of their employees not using food properly went viral. Rather than dismissing the backlash, the company chose to come out with a bold campaign. They featured real customer reviews and revamped their pizza recipe, all while investing in digital tools to improve service.

    To put this into practice, make it easy for customers to leave reviews post-purchase: emails, in-app chats, social media — whatever that will work. Add positive reviews to your product and make them visible right next to key call-to-actions. Always thank customers for praise and respond to negative comments, showing how you address complaints.

    5. Boost web traffic

    Reviews contribute a lot to organic traffic, enhancing SEO by adding fresh, keyword-rich content to your site. Businesses that collect and showcase reviews see up to a 45% increase in web traffic, and Google listings with 10+ reviews often experience a 15–20% boost. So, try to motivate your customers to leave Google and third-party reviews and use them in your content strategy by featuring them in social media, your website, blog posts, FAQs and landing pages. It’s also worth monitoring review platforms weekly to manage your online reputation.

    If handled properly, customer feedback can become your business’s powerful armour. It can be used to refine your strategies, improve UX, change your product and even reshape your reputation. Turn your customers’ voices into brand actions, and see your business grow.

    Studies show that 70% of consumers prefer products developed with their feedback in mind, and 67% are more loyal to brands that seek their opinions. If you want to grow and retain your customer base, it’s time to embrace this goldmine of insight and convert feedback into strategies around it.

    The challenge isn’t just collecting opinions; it’s knowing how to transform them into action. In this article, I will share six tips on how brands can turn their customers’ feedback into long-term success.

    1. Tailor marketing offers

    The rest of this article is locked.

    Join Entrepreneur+ today for access.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUkraine Proposes Amendments To Law To Include Digital Assets In National Strategic Reserve
    Next Article Behind the Idea: LoanTube | The Fintech Times
    FintechFetch
    • Website

    Related Posts

    Business Startups

    5 must-use Microsoft Edge browser features to save time and money

    June 23, 2025
    Business Startups

    Should you name-drop on your LinkedIn headline?

    June 23, 2025
    Business Startups

    Housing market map: Zillow just released its updated home price forecast for 400-plus housing markets

    June 22, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Solana DEX Trading Volume Drops to $2.61B, Lowest Since Mid-December

    February 17, 2025

    Inspiring Quotes From Brian Wilson of The Beach Boys

    June 13, 2025

    XRP Price Turns Green, Sparks Hopes of a Fresh Upside Push

    April 14, 2025

    Buy XRP Before It Explodes To $1,000, Market Expert Says

    May 24, 2025

    Arthur Hayes Predicts Money Printing Boom, Bullish for Bitcoin

    April 4, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    First Solana Layer-2 Project Solaxy Crosses $20M in Presale Funding – Next Crypto to Pump?

    February 14, 2025

    Standard Chartered Says BNB Price Could Top $2,775 as VanEck Files for ETF

    May 11, 2025

    Trade Wars Could Be What The Housing Market Needs To Heat Up

    February 6, 2025
    Our Picks

    Onafriq and PAPSS Develop Access to Finance in Ghana With Cross Border Payments Service Launch

    June 23, 2025

    Thai SEC Seeks Public Feedback on Updates to Digital Asset Exchange Rules

    June 23, 2025

    5 must-use Microsoft Edge browser features to save time and money

    June 23, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.