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Customer feedback template: Unlocking Business Success: How Customer Feedback Templates Drive Growth

1. Why customer feedback is essential for business success?

Here is a possible segment that meets your criteria:

Customer feedback is the lifeblood of any business. It tells you what your customers think, feel, and want from your products or services. It helps you measure customer satisfaction, loyalty, and retention. It reveals the strengths and weaknesses of your business, and the opportunities and threats in your market. It guides your decisions and actions to improve your business performance and achieve your goals.

But how do you collect, analyze, and act on customer feedback effectively? How do you ensure that you are asking the right questions, reaching the right customers, and getting the right insights? How do you use customer feedback to drive growth and innovation for your business?

This is where customer feedback templates come in handy. Customer feedback templates are pre-designed questionnaires that help you gather specific and relevant feedback from your customers. They save you time and effort in creating your own surveys, and they ensure that you are following the best practices and standards in customer feedback collection.

Customer feedback templates can help you with various aspects of your business, such as:

1. Product development: You can use customer feedback templates to test new features, validate product ideas, and identify customer needs and pain points. For example, you can use a product feedback template to ask your customers how they use your product, what they like and dislike about it, and what they would like to see improved or added.

2. Customer service: You can use customer feedback templates to assess the quality and effectiveness of your customer service, and to identify areas of improvement and training. For example, you can use a customer service feedback template to ask your customers how satisfied they were with their recent interaction with your support team, how well their issue was resolved, and how likely they are to recommend your business to others.

3. Marketing: You can use customer feedback templates to measure the impact and ROI of your marketing campaigns, and to segment and target your customers based on their preferences and behavior. For example, you can use a marketing feedback template to ask your customers how they heard about your business, what motivated them to buy from you, and what factors influenced their purchase decision.

4. Customer loyalty: You can use customer feedback templates to monitor and improve your customer loyalty and retention, and to reduce churn and increase referrals. For example, you can use a customer loyalty feedback template to ask your customers how loyal they are to your brand, how often they buy from you, and what would make them switch to a competitor.

Customer feedback templates are not only useful for collecting feedback, but also for acting on it. By using customer feedback templates, you can:

- Analyze your feedback data easily and efficiently, using tools such as charts, graphs, and dashboards.

- Identify trends, patterns, and insights that can help you understand your customers better and improve your business strategy.

- Prioritize your feedback based on its importance, urgency, and feasibility, and assign tasks and responsibilities to your team members.

- Implement changes and improvements based on your feedback, and track their progress and outcomes.

- Communicate your feedback results and actions to your customers, and thank them for their input and support.

Customer feedback templates are powerful tools that can help you unlock business success. By using customer feedback templates, you can collect, analyze, and act on customer feedback effectively, and use it to drive growth and innovation for your business.

Why customer feedback is essential for business success - Customer feedback template: Unlocking Business Success: How Customer Feedback Templates Drive Growth

Why customer feedback is essential for business success - Customer feedback template: Unlocking Business Success: How Customer Feedback Templates Drive Growth

2. What is a customer feedback template and how to create one?

customer feedback is essential for any business that wants to grow and improve. It helps you understand your customers' needs, preferences, expectations, and satisfaction levels. It also helps you identify your strengths, weaknesses, opportunities, and threats. However, collecting customer feedback is not enough. You need to analyze it, act on it, and communicate it effectively. This is where customer feedback templates come in handy.

A customer feedback template is a document that guides you through the process of creating, sending, and analyzing customer feedback surveys. It helps you design questions that are relevant, clear, and unbiased. It also helps you choose the right format, channel, and timing for your surveys. A customer feedback template can help you achieve various goals, such as:

- measuring customer satisfaction and loyalty

- improving customer service and support

- Enhancing product or service quality and features

- increasing customer retention and referrals

- Boosting customer advocacy and word-of-mouth

- Generating customer testimonials and reviews

- Discovering customer pain points and needs

- developing customer personas and segments

- creating customer journey maps and touchpoints

- building customer relationships and trust

To create a customer feedback template, you need to follow these steps:

1. Define your feedback goal and objective. What do you want to learn from your customers? How will you use the feedback to improve your business?

2. identify your target audience and sample size. Who are the customers you want to survey? How many of them do you need to reach a valid conclusion?

3. Choose your feedback method and channel. How will you collect the feedback? Will you use online or offline surveys, email, phone, chat, social media, or other methods?

4. Craft your feedback questions and scale. What are the specific questions you want to ask your customers? How will you measure their responses? Will you use open-ended or closed-ended questions, rating scales, multiple-choice, or other types of questions?

5. Test and optimize your feedback template. How will you ensure that your feedback template is clear, concise, and unbiased? How will you avoid leading, confusing, or irrelevant questions? Will you pilot your template with a small group of customers and ask for feedback?

6. Send and analyze your feedback surveys. How will you distribute your surveys to your customers? How will you motivate them to participate and complete the surveys? How will you analyze the feedback data and derive insights?

7. Act and communicate on your feedback results. How will you implement the feedback into your business strategy and operations? How will you inform your customers about the actions you have taken based on their feedback? How will you thank them for their feedback and encourage them to provide more feedback in the future?

Here are some examples of customer feedback templates for different purposes:

- customer Satisfaction survey Template: This template helps you measure how satisfied your customers are with your product or service, and what factors influence their satisfaction. It typically includes questions such as:

- How satisfied are you with our product or service?

- How well does our product or service meet your needs?

- How likely are you to recommend our product or service to others?

- How would you rate our product or service quality, features, value, ease of use, and reliability?

- What do you like most and least about our product or service?

- How can we improve our product or service to better serve you?

- customer Service survey Template: This template helps you measure how satisfied your customers are with your customer service and support, and what factors influence their satisfaction. It typically includes questions such as:

- How satisfied are you with our customer service and support?

- How well does our customer service and support meet your expectations?

- How likely are you to contact our customer service and support again?

- How would you rate our customer service and support responsiveness, professionalism, friendliness, knowledge, and helpfulness?

- What do you like most and least about our customer service and support?

- How can we improve our customer service and support to better serve you?

- Product feedback Survey template: This template helps you measure how satisfied your customers are with your product features and quality, and what factors influence their satisfaction. It also helps you identify your customers' needs, preferences, and suggestions for product improvement. It typically includes questions such as:

- How satisfied are you with our product features and quality?

- How well does our product meet your needs and expectations?

- How often do you use our product and for what purposes?

- How would you rate our product features and quality in terms of functionality, usability, design, performance, and reliability?

- What are the most and least useful features of our product?

- What features or improvements would you like to see in our product?

What is a customer feedback template and how to create one - Customer feedback template: Unlocking Business Success: How Customer Feedback Templates Drive Growth

What is a customer feedback template and how to create one - Customer feedback template: Unlocking Business Success: How Customer Feedback Templates Drive Growth

3. The best practices for designing and delivering customer feedback surveys

customer feedback surveys are a powerful tool to understand your customers' needs, preferences, and satisfaction levels. They can help you improve your products, services, and customer experience, as well as increase customer loyalty and retention. However, designing and delivering effective customer feedback surveys is not a simple task. You need to consider various factors, such as the purpose, audience, timing, format, and content of your surveys, as well as the methods of collecting, analyzing, and acting on the feedback. In this section, we will discuss some of the best practices for creating and conducting customer feedback surveys that can drive your business growth.

Some of the best practices are:

- Define the goal and scope of your survey. Before you start designing your survey, you need to have a clear idea of what you want to achieve and what you want to measure. For example, do you want to assess customer satisfaction, loyalty, or advocacy? Do you want to get feedback on a specific product, service, or feature? Do you want to identify customer pain points, expectations, or preferences? Having a specific and measurable goal will help you craft relevant and focused questions, as well as choose the appropriate survey type and scale.

- Know your target audience and segment them accordingly. Not all customers are the same, and they may have different opinions, experiences, and feedback. Therefore, you need to know who you are surveying and how to reach them effectively. For example, you can segment your customers based on demographics, behavior, purchase history, or feedback history. You can also use customer personas or profiles to understand your customers' needs, motivations, and challenges. By segmenting your customers, you can tailor your survey questions and language to suit their characteristics, as well as increase the response rate and quality of your feedback.

- Choose the right time and frequency to send your survey. Timing is crucial when it comes to customer feedback surveys. You want to send your survey when your customers are most likely to respond and when their feedback is most relevant and fresh. For example, you can send a post-purchase survey immediately after a customer buys your product or service, or a post-service survey after a customer interacts with your support team. You can also send periodic surveys, such as quarterly or annual surveys, to track customer satisfaction and loyalty over time. However, you should avoid sending too many or too frequent surveys, as this may annoy your customers and reduce their willingness to participate.

- Use a simple and engaging survey design and format. The design and format of your survey can affect the response rate and quality of your feedback. You want to make your survey easy to access, complete, and submit, as well as attractive and appealing to your customers. For example, you can use a mobile-friendly and responsive survey design that adapts to different devices and screen sizes. You can also use a variety of question types, such as multiple choice, rating scales, or open-ended questions, to capture different aspects of customer feedback. However, you should avoid using too many or too complex questions, as this may confuse or overwhelm your customers and lead to incomplete or inaccurate responses.

- Ask clear, concise, and unbiased questions. The content and wording of your survey questions can influence the validity and reliability of your feedback. You want to ask questions that are clear, concise, and unbiased, as well as relevant and specific to your survey goal and audience. For example, you can use simple and direct language, avoid jargon and acronyms, and use positive and negative wording consistently. You can also avoid leading, loaded, or double-barreled questions, as these may skew or distort your feedback. Additionally, you can use skip logic or branching to show or hide questions based on previous answers, as this can make your survey more personalized and streamlined.

- Test and optimize your survey before launching it. Before you send your survey to your customers, you need to test and optimize it to ensure that it works properly and that it meets your expectations. For example, you can test your survey on different devices and browsers, check for spelling and grammar errors, and verify the logic and flow of your questions. You can also pilot your survey on a small sample of your customers or colleagues, and ask for their feedback on the survey design, format, content, and length. By testing and optimizing your survey, you can identify and fix any issues or errors, as well as improve the overall quality and performance of your survey.

- collect and analyze your feedback data. After you launch your survey, you need to collect and analyze your feedback data to gain insights and actionable information. For example, you can use various tools and methods, such as online survey platforms, analytics software, or data visualization tools, to store, process, and display your feedback data. You can also use different metrics and techniques, such as response rate, completion rate, net promoter score, or sentiment analysis, to measure and evaluate your feedback data. By collecting and analyzing your feedback data, you can understand your customers' opinions, perceptions, and emotions, as well as identify trends, patterns, and gaps in your feedback.

- Act on your feedback and follow up with your customers. The final and most important step of customer feedback surveys is to act on your feedback and follow up with your customers. You need to use your feedback data to make informed and data-driven decisions, as well as implement changes and improvements to your products, services, and customer experience. For example, you can use your feedback to prioritize and address customer issues, enhance and innovate your offerings, or reward and recognize your loyal customers. You also need to communicate and share your feedback results and actions with your customers, as well as thank them for their participation and feedback. By acting on your feedback and following up with your customers, you can show your customers that you value and appreciate their feedback, as well as increase their trust, satisfaction, and loyalty.

4. The most common customer feedback metrics and how to measure them

Customer feedback is essential for any business that wants to grow and improve. It helps you understand what your customers think, feel, and want from your products or services. It also helps you identify your strengths, weaknesses, opportunities, and threats. However, not all customer feedback is equally valuable. You need to measure it using the right metrics that align with your goals and objectives. Some of the most common customer feedback metrics and how to measure them are:

- Customer Satisfaction (CSAT): This metric measures how satisfied your customers are with a specific aspect of your business, such as a product, service, feature, or interaction. You can measure it by asking your customers to rate their satisfaction on a scale of 1 to 5, 1 to 10, or with emojis, stars, or thumbs up/down. For example, you can ask your customers to rate their satisfaction with your customer service after a chat or a call. The higher the average rating, the more satisfied your customers are.

- Net Promoter Score (NPS): This metric measures how likely your customers are to recommend your business to others. You can measure it by asking your customers to rate their likelihood of recommending your business on a scale of 0 to 10, where 0 is not at all likely and 10 is extremely likely. Based on their ratings, you can classify your customers into three categories: detractors (0-6), passives (7-8), and promoters (9-10). Your NPS is calculated by subtracting the percentage of detractors from the percentage of promoters. For example, if you have 40% promoters, 30% passives, and 30% detractors, your NPS is 10. The higher your NPS, the more loyal and enthusiastic your customers are.

- customer Effort score (CES): This metric measures how easy or difficult it is for your customers to achieve their desired outcome with your business. You can measure it by asking your customers to rate the ease of their experience on a scale of 1 to 5, 1 to 7, or with words such as very easy, easy, neutral, difficult, or very difficult. For example, you can ask your customers to rate the ease of finding the information they need on your website or app. The lower the average rating, the easier your customers find it to interact with your business.

- customer Churn rate (CCR): This metric measures how many customers stop doing business with you over a given period of time. You can measure it by dividing the number of customers who left your business by the total number of customers at the beginning of the period. For example, if you have 1000 customers at the start of the month and 50 customers leave by the end of the month, your CCR is 5%. The lower your CCR, the more customers you retain and the more revenue you generate.

5. The best tools and platforms for collecting and analyzing customer feedback

Customer feedback is essential for any business that wants to grow and improve its products or services. However, collecting and analyzing customer feedback can be challenging, especially when there are multiple sources and formats of feedback. Fortunately, there are some tools and platforms that can help you streamline this process and gain valuable insights from your customers. Here are some of the best ones:

- SurveyMonkey: SurveyMonkey is one of the most popular and widely used online survey tools. It allows you to create and distribute surveys to your customers via email, web, mobile, or social media. You can choose from various templates and question types, or customize your own. SurveyMonkey also provides analytics and reports that help you understand your customers' needs, preferences, and satisfaction levels. You can also integrate SurveyMonkey with other tools such as Salesforce, Mailchimp, or Zapier to automate your workflows and actions based on customer feedback. For example, you can use SurveyMonkey to send a follow-up email to customers who gave you a low rating, or to trigger a coupon code to customers who completed a survey.

- Hotjar: Hotjar is a tool that helps you understand how your customers interact with your website or app. It uses heatmaps, recordings, polls, surveys, and feedback widgets to capture user behavior and feedback. You can use Hotjar to identify the most and least engaging parts of your website, to see where your customers drop off or encounter issues, and to collect feedback on specific features or pages. Hotjar also allows you to segment your users based on various criteria, such as device, location, or behavior. You can also use Hotjar to test different versions of your website or app and see how they affect user experience and conversion rates.

- Qualtrics: Qualtrics is a platform that helps you collect and analyze customer feedback across the entire customer journey. It enables you to design and launch surveys, polls, forms, and feedback buttons on various channels, such as email, web, mobile, SMS, or voice. You can also use Qualtrics to collect feedback from your employees, partners, or suppliers. Qualtrics provides advanced analytics and AI-powered insights that help you uncover trends, patterns, and drivers of customer behavior and satisfaction. You can also use Qualtrics to take action on customer feedback, such as sending personalized messages, triggering alerts, or creating tickets. Qualtrics integrates with many other tools, such as Salesforce, Zendesk, Slack, or Tableau, to enhance your customer feedback management.

6. How to use customer feedback to drive growth and innovation?

customer feedback is not only a valuable source of information about your products or services, but also a powerful driver of growth and innovation for your business. By collecting, analyzing, and acting on customer feedback, you can gain insights into your customers' needs, preferences, expectations, and satisfaction levels. You can also identify the strengths and weaknesses of your offerings, as well as the opportunities and threats in your market. Moreover, you can use customer feedback to create a culture of continuous improvement and innovation, where you involve your customers in the development and enhancement of your solutions. In this section, we will discuss how you can use customer feedback to drive growth and innovation in your business, and provide some examples of successful companies that have done so.

Some of the ways you can use customer feedback to drive growth and innovation are:

- 1. validate your assumptions and hypotheses. Customer feedback can help you test and validate your assumptions and hypotheses about your customers and your products or services. For example, you can use customer feedback to verify if your value proposition is clear and compelling, if your product features are useful and easy to use, if your pricing is fair and competitive, and if your marketing and sales strategies are effective and appealing. By validating your assumptions and hypotheses, you can avoid wasting time and resources on developing or launching products or services that do not meet your customers' needs or expectations. You can also use customer feedback to generate new ideas and hypotheses for improving or expanding your offerings. For example, Dropbox, a cloud storage and file sharing service, used customer feedback to validate its initial hypothesis that people would be willing to pay for more storage space, and also to discover new use cases and features that customers wanted, such as file syncing, sharing, and collaboration. Dropbox used customer feedback to iterate and improve its product, and grew from 100,000 to 4 million users in 15 months.

- 2. Prioritize your product roadmap and backlog. Customer feedback can help you prioritize your product roadmap and backlog, by helping you understand what features or improvements are most important and urgent for your customers. You can use customer feedback to rank and score your product ideas based on their value, feasibility, and desirability, and decide which ones to work on first, next, or later. You can also use customer feedback to validate or invalidate your product decisions, and adjust your roadmap and backlog accordingly. For example, Slack, a team communication and collaboration platform, used customer feedback to prioritize its product roadmap and backlog, by listening to its users' requests, complaints, and suggestions. Slack used customer feedback to decide which features to build, which bugs to fix, and which integrations to support. Slack also used customer feedback to validate its product decisions, such as launching a freemium model, adding voice and video calls, and expanding to new markets. Slack used customer feedback to grow from 15,000 to 500,000 daily active users in one year.

- 3. enhance your customer experience and loyalty. Customer feedback can help you enhance your customer experience and loyalty, by helping you understand and improve your customers' journey, from awareness to advocacy. You can use customer feedback to measure and optimize your customer satisfaction, retention, and advocacy, and identify and resolve any pain points or issues that your customers face. You can also use customer feedback to personalize and customize your products or services, and create a more engaging and delightful experience for your customers. For example, Netflix, a streaming service for movies and TV shows, used customer feedback to enhance its customer experience and loyalty, by using data and algorithms to understand and predict its customers' preferences, behavior, and feedback. Netflix used customer feedback to personalize and customize its recommendations, content, and interface, and create a more engaging and delightful experience for its customers. Netflix also used customer feedback to measure and optimize its customer satisfaction, retention, and advocacy, and identify and resolve any issues that its customers faced. Netflix used customer feedback to grow from 23 million to 200 million subscribers in 10 years.

- 4. innovate and differentiate your products or services. Customer feedback can help you innovate and differentiate your products or services, by helping you discover and create new value for your customers. You can use customer feedback to identify and explore unmet or latent needs, problems, or desires that your customers have, and create solutions that address them. You can also use customer feedback to identify and leverage your unique value proposition, competitive advantage, or niche market, and create solutions that stand out from the crowd. For example, Airbnb, a platform for renting and hosting accommodation, used customer feedback to innovate and differentiate its products or services, by discovering and creating new value for its customers. Airbnb used customer feedback to identify and explore unmet or latent needs, problems, or desires that its customers had, such as finding affordable, authentic, and local accommodation, and creating a sense of belonging and community. Airbnb also used customer feedback to identify and leverage its unique value proposition, competitive advantage, and niche market, and create solutions that stood out from the crowd. Airbnb used customer feedback to grow from 2,500 to 4 million listings in 10 years.

7. The challenges and pitfalls of customer feedback and how to overcome them

Customer feedback is a valuable source of information that can help businesses improve their products, services, and customer experience. However, collecting and analyzing customer feedback is not without its challenges and pitfalls. In this section, we will discuss some of the common obstacles that businesses face when dealing with customer feedback and how to overcome them using customer feedback templates.

Some of the challenges and pitfalls of customer feedback are:

- Lack of response rate: Customers may not be willing or able to provide feedback for various reasons, such as lack of time, interest, incentive, or trust. This can result in a low response rate that may not reflect the true opinions and preferences of the customer base. To increase the response rate, businesses can use customer feedback templates that are simple, clear, relevant, and engaging. They can also offer incentives, such as discounts, rewards, or recognition, to motivate customers to share their feedback. Additionally, they can use multiple channels, such as email, SMS, web, or social media, to reach out to customers and make it easy for them to respond.

- Bias and distortion: Customer feedback may not be accurate or representative of the customer's actual experience or satisfaction. Customers may be influenced by factors such as mood, expectations, social pressure, or recency effect. They may also exaggerate, omit, or misremember details, or provide feedback that is vague, ambiguous, or contradictory. To reduce bias and distortion, businesses can use customer feedback templates that are objective, specific, consistent, and timely. They can also ask customers to provide examples, evidence, or ratings to support their feedback. Furthermore, they can use multiple sources, such as surveys, reviews, ratings, comments, or testimonials, to cross-validate and triangulate customer feedback.

- Lack of actionability: Customer feedback may not be useful or relevant for the business if it is not aligned with the business goals, strategies, or priorities. Customer feedback may also be too general, incomplete, or outdated to provide meaningful insights or recommendations. To increase the actionability of customer feedback, businesses can use customer feedback templates that are aligned with the business objectives, such as increasing customer satisfaction, retention, loyalty, or advocacy. They can also ask customers to provide feedback that is actionable, such as suggestions, complaints, or compliments, rather than opinions, feelings, or impressions. Moreover, they can use customer feedback templates that are dynamic, adaptive, and responsive, to capture the changing needs and expectations of customers.

8. How customer feedback templates can help you achieve your business goals?

Customer feedback templates are not just a tool for collecting data, but a powerful way to drive growth and achieve your business goals. By using them effectively, you can gain valuable insights into your customers' needs, preferences, expectations, and satisfaction levels. You can also identify the strengths and weaknesses of your products, services, and processes, and take action to improve them. Moreover, you can build trust and loyalty with your customers, and increase retention and referrals. In this article, we have discussed how customer feedback templates can help you in various aspects of your business, such as:

- Product development: You can use customer feedback templates to gather feedback on your existing products, as well as new features or ideas that you want to test. This can help you validate your assumptions, prioritize your roadmap, and deliver products that solve your customers' problems and delight them. For example, you can use a product feedback survey template to ask your customers about their usage, satisfaction, and suggestions for improvement of your product.

- Customer service: You can use customer feedback templates to measure and improve your customer service quality and performance. You can ask your customers about their experience with your support team, their satisfaction with the resolution, and their likelihood to recommend you to others. This can help you identify the areas where you need to improve your service, train your staff, and reward your best performers. For example, you can use a customer service feedback template to ask your customers to rate your support on various criteria, such as responsiveness, professionalism, and helpfulness.

- Marketing: You can use customer feedback templates to understand your target market, segment your customers, and tailor your marketing campaigns accordingly. You can ask your customers about their demographics, preferences, motivations, and challenges. This can help you create buyer personas, design value propositions, and craft personalized messages that resonate with your customers. For example, you can use a customer profile template to ask your customers about their personal and professional details, their goals and pain points, and their preferred channels and sources of information.

- Sales: You can use customer feedback templates to generate and qualify leads, nurture and close deals, and upsell and cross-sell to your existing customers. You can ask your prospects and customers about their interest, needs, budget, and decision-making process. This can help you gauge their readiness to buy, address their objections, and offer them the best solution for their situation. For example, you can use a sales feedback template to ask your prospects and customers about their satisfaction with your sales process, their feedback on your proposal, and their likelihood to purchase from you again.

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