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There is a vast amount of customer experience data available to operators, and it is expected to increase exponentially in the future, as technology advances. But more data isn’t necessarily better, as it is getting harder to comprehend and to organise it in a meaningful way.
Operations and marketing managers in hospitality have the difficult task of sifting through all that information: reviews, complaints, audits, social mentions, staff feedback, competitor analysis, the list goes on and on – to find the actionable insights that help improve operations and customer experience.
Guest experience management experts HGEM caution that an overload of data without the right software, that can sort valuable insights from the unimportant, can become a hindrance rather than help to see the bigger picture. It is also important to have that data all in one place, not scattered across different platforms, or worse - spreadsheets!
A Guest Experience Management platform, such as HGEM's Hub, for example, is an efficient and cost-effective tool that gathers all the important data into one place, helps operators gain visibility on a range of customer touchpoints, and simplifies the decision making process.
Based on data from clients, HGEM reports that there is a ‘correlation coefficient’ on the effort put into improving guest experience, NPS (Net Promoter Score) and revenue. It’s quite simple – the more dedicated operators are on actually enhancing customer experience – the better they do financially.
In a study we conducted with clients over a 12-month period, we found that where we had instigated a programme:
In summary, we have found that a business that is purposely focused on delivering great customer experiences can expect to increase their customer satisfaction and loyalty, spend per head and income.
Our clients are as convinced of the importance and efficacy of guest experience management as we are. In fact, Chris Stagg, the Operations Director of our long-term partner Peach Pubs, says it best: "The Hub is a key measurement tool that we use every week, it’s as important to me as the P&L."
There are several hospitality intelligence platforms available to operators, but in order to draw insights across different facets of the business, HGEM recommends choosing one platform that measures a broad range of analytics & metrics, rather than multiple niche products.
The key areas of customer experience to measure for a balanced set of insights are:
HGEM’s award-winning platform The Hub includes the modules mentioned above. With high quality data, intuitive dashboards, and extensive reporting capabilities, the platform simplifies the process of drawing actionable guest insights, and streamlines decision making.
The company believes in providing a holistic approach to guest experience management, and therefore HGEM’s service includes a Client Success Manager and support team, who work in partnership with clients to translate guest data into actionable insights, and to recognise and maximise opportunities for growth as they arise.
If you're interested in taking your customer experience analytics to the next level, why not contact our friendly team today.
