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Question

How can a competitive landscape analysis help improve customer service?

A competitive landscape analysis can help improve customer service by providing insights into how your business is performing compared to your competitors. It can highlight areas where your service is lacking and identify opportunities for improvement. For instance, if the analysis reveals that your service feels slower than your competitors, you might need to improve operational efficiency or add more resources. This can lead to improved customer satisfaction and loyalty.

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You could measure the customer's initial wait at the drive-thru before they order, as well as how long the overall process takes. Then do the same for the in-store experience. You could then conduct a competitive landscape analysis to compare your results. You may find that even though your service is fast, it feels far slower than competitors when compared. With this discovery, you might need to improve kitchen efficiency or add more drive-thru lanes.

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Preview of Bain's Management Toolkit (Part 2)
Presentation
16 Slides
3 Formats

Preview (16 slides)

Title Slide preview
Customer Satisfaction System Slide preview
Customer Relationship Management Slide preview
Customer Segmentation Slide preview
Customer Segmentation Slide preview
Digital Transformation Slide preview
Digital Transformation Slide preview
Digital Transformation Slide preview
Price Optimization Model Slide preview
Price Optimization Model Slide preview
Scenario Planning Slide preview
Scenario Planning Slide preview
Scenario Planning Slide preview
Contingency Planning Worksheet Slide preview
Zero-Based budgeting Slide preview
Zero-Based Budgeting Slide preview

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