Blog Post

Using Mystery Shopping as part of your employee rewards initiative

  • by KnowYourMarket
  • 12 May, 2022

We are all familiar with the phrase 'you only have one opportunity to make a good first impression'.

When it comes to your business this holds doubly true.

How a customer feels when they first interact with someone from your organisation will play a large part in whether they choose to work with you or a competitor.

Mystery shopping is an ideal way to ensure that you have consistency across your team’s customer interactions. You can test how individuals feel when they speak to your team on the phone, via live chat or face to face.

We explore how you can use mystery shopping as part of your employee rewards and why it’s a great idea to do so.

Retaining talent for longer

Right now, it’s most definitely an employee’s market. Roles are abundant, salaries are rising, and retention is harder.

A study undertaken in 2019 found that an average employee on £40,000 takes around £12,000 to replace. That was before the recent salary changes to the market and demands for more flexibility that have very much come into play post pandemic.

Therefore, wherever possible it is better to keep a great team member than lose them to your competitors. However, reasons for staff moving on go well beyond hard cash.

Employees now, more than ever, want to feel fulfilled in their work.

Integrating rewards into your mystery shopping results can provide both tangible money based or 'treat based' benefits. Be it an increase in commission, or something as simple as a team lunch, it empowers your teams to feel better rewarded not just for doing their job, but doing it well.

Move away from the negative

Making sure that your potential customers get a great experience is vital in safeguarding your business. But for your employees it can feel like they are under scrutiny. They may have had negative experiences with a previous employer using mystery shopping feedback in the wrong way.

Moving from mystery shopping as being primarily a benchmarking exercise and instead into a rewards-based initiative can remove these issues.

Of course, this does not remove the need to address issues found in mystery shopping audits. It does however mean that for those who perhaps need further training, the conversation starts at 'we want to help you to achieve these rewards', which is a positive rather than negative starting point.

Improve customer experience

It’s an old adage but it’s very true that happy staff make for happy customers.

By incentivising good service, your customers will get a better service.

While of course a great team will take pride in their work anyway, adding an element of reward to great mystery shopping experience will help them to consistently strive to not just meet, but exceed customer expectations.

by KnowYourMarket 20 Jun, 2022
What is mystery shopping, and how can using the data from it help you make better business decisions? Find out in our blog.
by KnowYourMarket 20 Jun, 2022
Knowing how to train your staff to comprehensively undertake property valuations is vital for the success of your estate agency.
by KnowYourMarket 06 Jun, 2022
What makes brand experience important and how can you ensure it is a positive one for customers? Find out in our new blog
by KnowYourMarket 31 May, 2022
Information bias could lead to your market research being inaccurate and invalid. Learn how to avoid information bias in our new blog.
by KnowYourMarket 28 May, 2022
Make sure you’re giving feedback to your employees following mystery shopping. Don’t know the best way to do so? Discover how in this blog.
by KnowYourMarket 28 May, 2022
Net Promoter Score (NPS) can help you to improve your estate agency offering. Learn more here.
by KnowYourMarket 06 May, 2022
Knowing why a vendor has not proceeded to instruction or instructed another agent after your valuation allows you to improve your chances next time.
by KnowYourMarket 02 May, 2022
Running a market research project for your business has a wealth of benefits but the real value comes when you benchmark yourself over time. Read on.
by Know Your Market 20 Apr, 2022
Providing ever more forms of contact makes it easier for prospects to get in touch. But how do you monitor them all and guarantee the same excellent service?
by Know Your Market 11 Apr, 2022
What do your customers really think about your business? NPS provides reliable data and allows you to make the process changes that guarantee growth.
Show More
Share by: