Mystery Shopping and Its Benefits
Plenty of circumstances influence the performance of in-store activations. Have you ever wondered why yours may not be hitting the expected KPIs? Even though it has a great location, offers a great product, has well-trained staff, etc., there is an essential point that you may be overlooking: the customers' experience evaluation.
Innovating, creating new products, and expanding the market are crucial, but focusing on valuable customer experience is the essential element that can set you apart from the competition. Ultimately, that's the factor that defines which business is better over quality and quantity.
Mystery Shopping as the Game Changer
A satisfied customer is more likely to become loyal, which ultimately boosts income and helps broaden the customer base. In addition, the level of satisfaction after experiencing your products is directly related to how they remember your brand, decide to engage again in the future, and provide positive feedback. Or, on the contrary, to never return and speak negatively about it to their mates. The fact is a satisfied shopper, a loyal shopper, advocates for your brand and helps promote your business.
How you integrate the customer experience into your business model directly impacts how you view your business as a whole. However, how can a company evaluate (and hence improve) the level of customer experience it provides?
Two words, one easy solution: Mystery Shopping. Any retail business that depends on employees selling things to consumers needs a Mystery Shopping Program.
Mystery Shopping is a very effective way to get reliable and ongoing feedback from actual customers, not only about your business performance but also about your competitors. In addition, it brings you an objective view of how your employees interact with your clients and works as a research tool to retain customers.
SmartSpotter has narrowed it down to 7 mystery shopping benefits in retail:
1. Helps you improve customer service
Monitoring sales to determine which locations are not meeting your business goals means wasting time and energy. But with a Mystery Shopping tool, you can get feedback on how to improve customer service there, monitor and measure service performance. It pinpoints what the business needs to improve on and the areas the company excels.
2. Employee Evaluation
If a large part of your business relies on customer/employee interactions, it is crucial to evaluate and track how employees respond to clients.
Mystery Shopping helps rate customer experience based on authentic interaction with the staff and evaluates employee job performance.
Is the staff professional, knowledgeable about products, and caring about the customer? Are they welcoming and friendly? How do they present themselves? Are they helpful in sharing promotions and providing receipts? This tool can verify employee compliance.
3. Customer Satisfaction
Mystery Shoppers help you directly assess customer satisfaction by evaluating how other shoppers receive the product/service. They work by getting reliable and specific feedback from a customer's point of view.
4. Monitor competition
We know that competition in the retail industry is fierce, and Mystery Shopping provides a benchmarking tool to get information about how your business stacks up against the competition.
Getting real-time data on how other businesses are performing, what they are doing, the stores' conditions, etc., can help you evaluate your business performance and find ways of improving. It can even help you assess their level of customer satisfaction and make a cross-comparison with your own business.
5. Increase consistency
Mystery Shopping provides an efficient means of monitoring consistency between locations, ensuring all agreements are met. It also allows your business to quantify and track those benchmarks on the same stores over time.
6. Monitor Facility Conditions
Is the store set up and complying as instructed? Is it neat and in good condition? These are other questions that Mystery Shopping can help answer.
7. Identifying training needs and tools
All the above elements analyzed can lead to an awareness of areas of the business that need to be improved and, therefore, help create training tools for employee development, design and implement new strategies to provide a better service to customers and enhance customer experience.
Our Mystery Shopping Model
With the help of our AI and crowdsourcing model, we have developed an innovative way of performing Mystery Shopping. App-based and tech-driven, we connect with shoppers all over Australia, ensuring extensive coverage and real-time perspectives. SmartSpotter works as your eyes and ears on the shop floor. We collect reliable data and real experiences from actual shoppers.
Mystery Shops are executed directly through smartphones, and the information is then sent to the cloud to be scanned and analyzed using our AI technology. So, with each store shopper's visit, you can get high-quality information and feedback, as well as pictures or videos, to increase your business's bottom line and excel at customer experience and satisfaction.