STW takes slice of customer loyalty firm Feedback ASAP

AUSTRALIA— Marketing group STW Communications has taken a 40% stake in customer satisfaction and loyalty measurement firm Feedback ASAP.

Feedback ASAP uses a mobile phone-based system to collect customer satisfaction and loyalty data through text messages. The firm said that the system allows customers to communicate their feelings about brands whenever they have dealings with them, and clients to act upon findings in real time.

Founder Phil Prosser said: “We were keen to become involved with STW because it is particularly progressive in this area, and has already shown high commitment to growing the sector.”

STW said that the investment is part of its joint venture agreement with field marketing agency Smollan, that was announced in July and resulted in the two firms cooperating on mystery shopping and customer auditing work.

Chief executive Michael Connaghan said: “Feedback ASAP is an outstanding business model that fits perfectly with our existing capabilities in the areas of field marketing, mystery shopping and customer auditing. It further cements our position in the retail sector, and provides another platform from which we can fast track our growth and service offering to clients.”

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts