We have all seen the newsletters, one issue, two and the occasional three, woops! They seem to have stopped. Connections is our new communication window for the handful of clients for whom we wish to provide marketing research support. Your feedback will guide the direction that Connections takes. We hope you find it of interest.
Regards
David Bacon 2Europe
Freelance - a flexible way forward
When Boehringer Ingelheim needed a Global Research Manager to handle a global research programme they turned to 2Europe.
The 6 month contact was renewed for another 6 months and then another ... so what's going on?
Freelance support meets the need for flexibility and keeps personnel off your balance sheet while enabling clients to carry out or manage research projects during those busy periods or as temporary replacements when key research staff are absent.
It's all about matching - researchers have to have the right skill and knowledge. So in a period of intense research activity Boehringer Ingelheim maintains its research workflow, facilitates its international research projects and keeps it overheads low.
find out more here>>
Customer satisfaction is built through trust and value
Existing customers are essential to any organisation's business development initiatives, particularly when you consider that it costs several times more to acquire new customers than to retain existing ones.
Today, customers take it for granted that their suppliers have excellent products & services with reliable service & support. To gain customer satisfaction, loyalty and hence future value, we have to go beyond this as customers are looking for additional drivers to give them a reason to continue dealing with a supplier.
The supply of money is relatively easy - you can borrow you can sell stock. However, value comes from customers and their supply is limited; after all you can't just go out and buy new customers.
Customers create value through their future purchase intentions. The solution to develop value is relatively easy - by creating processes and a company culture that enables employees to concentrate on acting in the customers' best interests. This means that each challenge starts with "Now what does the customer want in this situation, what is best for him or her?" The bean counters will of course take the short-term view of asking what it is costing.
However, really great organisations see past the barriers and empower employees to solve problems and act in the customers' interest - they recognise the long-term goal of creating long-term customer value.
From a recent 2Europe survey it is evident that if the customer thinks recommendations are based on what they need rather than what you have to sell, then you develop trust and they will want to do more business with your company. Organisations are now beginning to realise the importance of Trust as an attribute and that earning the customers trust places them high on customers agenda.
Find out more here>>
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Improving health boosts productivity and bottom line results!
Research carried out by 2Europe has found that organisations are slow on the upturn to reduce increasing health insurance costs for employees. Smoking, other addictions, excessive weight and insufficient exercise are cited as contributors to high-risk healthcare insurance.
There is also an impact on company profitability. For example, incidence of employee smoking increases as one progresses north with just in excess of 20% smoking in the SE, which increases to over 30% in the Midlands through to nearly 50% as we progress to parts of the North. Smokers take an average of 40 minutes of smoking breaks a day resulting in 1 lost month of productivity per year.
Find out more here>>
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The Connection Challenge....
Put us to the test .....
If you'd like more information about how 2Europe can help your organisation
or
If you have a specific research challenge that you'd like some advice about, contact us today for a no obligation initial discussion. Call: 01442 831711 or email: dbacon@2europe.co.uk
Or submit your enquiry online>>
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It's tough at the top!
It may seem that World domination is high on the agenda for most CEOs. But recent research suggests that CEOs are increasingly finding barriers along the way.
Searching for growth in new markets remains high on the agenda for most CEOs, as does the usual rounds of cost cutting and efficiency improvements. However, a growing number cite major barriers to globalisation:
64% overregulation
63% trade barriers/protectionism 57% political instability 56% social issues
48% terrorism
21% organised opposition to globalisation.
Are these the issues your CEO or MD face? >>
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Comments & feedback
Have a comment or question about the newsletter? Or perhaps you're doing interesting things with researching your marketplace and would like to be considered for a customer profile in an upcoming newsletter. Please contact: dbacon@2europe.co.uk
- David Bacon, Editor
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