In order to conduct Close the Loop activates we need a much more robust way of evaluating what each Customer has written. Text analytics (TA) can help with this, and the inclusion of Alert based TA can help further.
Text Analytics is the process of assessing not only what your Customers are saying but also how they are saying it, by applying a positive or negative sentiment to their comments.
Instantly you can reduce the number of Customers to be contacted by focusing only on the negative comments. Although there might still be value to be found in your positive comments from those Customers expressing an interest to buy further products.
A full functioning TA should not only split your Customers comments by sentiment but also by category. Some TA's will assign categories automatically, others will require you to specify categories and build key word rules in order to populate them.
TA Alerts go one step further and can automatically identify Customers who need to be followed up, irrelevant to their sentiment. allowing you to skip general feedback and focus on the positive and negative topics which you can do something about.
Companies such as Medallia
and Gemseek
can help with automating your Text Analytic solution and assit you with Closing the Loop.