CUSTOMER SATISFACTION SURVEY
"Your most unhappy customers are your greatest source of learning," Bill Gates
Customers are a key stakeholder group and their satisfaction is vital to sustained value generation and a healthy economic bottom-line. To measure
customer satisfaction and better understand customer loyalty, we commissioned a comprehensive global customer satisfaction survey.
The survey covered customers for all our product lines and was specifically designed to assess the health of HZL's relationship with existing
customers, while gaining insight into potential as well as breakaway customers. Findings from the survey helped us gain significant insight on where
Key Findings
Product |
ZINC |
|
SILVER |
|
LEAD |
|
Mindshare |
86% For product quality &
brand reputation |
83% For product quality &
brand reputation |
71% For product quality &
service support |
Key findings |
Positive and improved scores from
the previous year for various factors
including product quality, packaging,
contracting process and online portal |
Positive scores on most
attributes including
partnership and business
dimensions |
Nearly 3/4th mention HZL as
best-in-class with positive and
improved scores for most
factors |
|
|
Across product lines,
HZL dominates
customers' mindshare
with superior product
offering and brand
reputation. |
|
Product
quality stands
out as a key
strength of
HZL. |
|
On the whole, customers,
especially from the international
market, would like a more
concentrated push towards digital
adoptability and upgradation to
accommodate their evolving needs. |
|
International
customers are
extremely happy
with Company
personnel and
executives. |
WAY FORWARD
At HZL, we also used this opportunity to engage with our breakaway customers and analysed the root cause. This helped us understand our
shortcomings, while giving us an opportunity to improve. The survey indicated that HZL has a positive customer mindshare among lost customers,
with the Company being first for top-of-mind and spontaneous recall. The survey also showed that majority of the lost customers preferred dealing
with HZL. These findings strengthen our resolve to realign our operations to address unfulfilled needs of breakaway customers and rebuild a strong
and fulfilling engagement with them.
Another key takeaway from this survey was that while there were significantly more positive feedback than negative ones, our monopoly in the field
should not make us complacent, and we need to always be alert to the changing needs of our customers. After all we aren't just in the business of
customer satisfaction, but customer delight.