Posts Tagged ‘Success’

Role of Customer Service in Success of Business

Sunday, August 29th, 2010
Customer Service
by adjustafresh

Role of Customer Service in Success of Business

Business success is dependent on a variety of factors – a realistic business idea, a well thought-out business plan, an appropriate marketing strategy and great customer service are amongst the top ones. While customer service is a part of marketing, it can be segregated as a separate field on its own. It’s important to define the term customer service before we proceed. Customer service includes all aspects of interaction with a customer and speaks to the organization’s image in the mind of a customer.

A customer provides an organization with that most organic of all advertising tools – word of mouth advertising. A happy and satisfied customer is much more likely to send more customers your way. Further, there is the potential for repeat business, which is the backbone of many businesses. It is obvious that a customer who has been provided with a product or service that he or she desired in the ideal way, would build a relationship with the seller.

Further customer relationship management teaches the business where there are flaws in the system and provides valuable customer feedback. When a business receives feedback, it is able to see the customer’s image of the organization and the impression of its services. This tool is invaluable in correcting systems as well as image management for the business. It is also an outsider’s perspective, which provides the business owner or management a unique insight.

Additionally, a satisfied customer would be more likely to participate in activities that help to generate customer preference data. This data goes back to the marketing function in assisting the organization to better target and attract it potential customers.

In fact, it would not be a stretch to say that without good customer service, a business would not survive. The old adage ‘The customer is always right’ has been the foundation of many an organization and what it really means is that keeping customers happy is the foremost principle of any business. The reason for the survival of many small businesses in a tough and competitive market is their ability to provide personalized customer service. It is the human touch that warms and enlivens an organization in the customer’s mind and goes towards building a relationship. This relationship is the basis of future growth for a business.

Regular and sustained interaction with a customer ensures that the customer feels connected with the business. For instance, a small pub owner who chats with his customers and knows them by name builds a relationship with them. Further, when he makes sure that their regular bartender makes their drinks and the food is fresh and hot, he is providing customer service. The customers have a good experience and feel that the establishment treated them well. Once an organization grows or goes online, there is less potential for this face-to-face interaction and then the business must find creative ways to ensure customer satisfaction.

The role of customer service to a business, online or offline, is essential to its growth and survival.

William King is the director of Wholesalers & Drop Shipping Trade Suppliers, Trade Wholesale Suppliers Directory and Drop Shippers & Wholesale Drop Shipping Products Directory. He has 18 years of experience in the marketing and trading industries and has been helping retailers and startups with their product sourcing, promotion, marketing and supply chain requirements.

Four Success Factors for Customer Service

Monday, August 9th, 2010
Customer Service
by xeeliz

Four Success Factors for Customer Service

Copyright (c) 2008 Drew Stevens PhD

How many times have your pondered methods to provide customer satisfaction? How much of your money and time is spent on costly surveys and loyalty programs? Save your time and money and stop ruminating through the customer satisfaction maze. The time has come to set your compass on the true direction of client needs. Based on over 26 years of research and thousands of client issues, we have found four factors clients require. These four factors drive success, control profits and assist to retain clients.

Accuracy

Clients deplore inaccuracy. Case reviews illustrate wrongful charges on cell phones, cable television and automobile service as exemplars. While these represent only a microcosm of industries, they are illustrated here to identify with most readers. What frustrate clients most are not infrequent fees, but the shallowness in resolution.

Maria recently took holiday in Mexico and used a credit card as payment for food and beverage. Through a myriad of unfortunate circumstances she was wrongfully charged incorrect fees. Since December 2007, she has been striving to resolve the fees with both the card issuer and hotel. Thus far, she has spent more time and money on the telephone surpassing the actual fees. A business frequent flier and a frequent guest of the hotel chain, she has terminated the card and any future hotel business.

A major customer service issue for most organizations is 1) capable talent and 2) decision power. For many firms an inordinate time is spent passing blame and discovering those in charge. At some point the cost of doing business, becomes unprofitable. Too much time is spent in the quagmire of bureaucracy. Organizations must allow employees to reach swift conclusions to customer issues. Let employees make decisions, they will learn from this while reducing stress and developing timely solutions.

Second, periodic audits, even in large companies enable leaders to discover trends and frequent anomalies. Constantly review the customer issues and streamline the bottleneck expeditiously.

Availability

Many years ago I learned a wonderful best practice from my mentor ? return all calls within 90 minutes. In my many years of service I am happy to report a 95% return rate. I do obtain challenges periodically but callers frequently lose. Clients devour the spontaneity. Clients want accessibility to their vendors. How often do you enjoy lengthy hold times?

The proliferation of voice mail and email creates barriers to communication. Think about times when you call a bank or credit card issuer. Your call falls prey to an automated phone bank, requiring you to input your account information, social security number, phone number, name of first-born, etc. With each keystroke, you are required to repeat this perfunctory exercise only to repeat yet again to a live operator. By this time your only desire is to end the call!

Organizations must streamline processes and become available. The best organizations use live operators without rote scripts. If voice prompts are required eliminate wasteful methods to expedite wait times.

Partnership

The proliferation of the Internet evens the playing field for clients and organization. Similar to fifty years ago, clients have issues and they clamor for quick resolution. When possible they desire one voice for all questions. They desire collaboration. Rather than frequent several vendors, it is easier for one vendor to address the myriad of issues clients face. Collaborative efforts leverage solutions, price and most importantly client vendor relations. Organizations eliminate duality in sales and service issues, lower cost of acquisition while clients obtain expeditious solutions to their issues.

Advice

Seth Godin had a wonderful Blog entitled ?The Marketing of Fear?. The notion exists in selling that consumers have pain. Sales training schools and many managers instruct sales professionals to identify the pain for the benefit of establishing solutions.

The truth is that no consumer desires to be reminded of his or her pain. Clients want from selling professionals: trust and respect. Clients want to know you understand the issue, researched their objectives and can expeditiously provide value in solutions. There is a need for a trusted advisor that continually illustrates client efficiency. Pain is negative, value positive.

Refrain from FEAR FACTOR and create relationships with clients. Deter the notion of pain and begin to ask provocative questions that align with objectives to gain immediate results. Questions keep them talking, illustrate your continued interest and open the door for additional questions. Customer service and selling professionals come and go, advisors remain in site forever!

Customer Service is not an exact science. New issues arise daily requiring flexibility. Yet after significant research, issues typically align with the four factors- accuracy, availability, partnership and advice. Competition and information increase the difficulties for success. Differentiation is paramount in today?s global landscape. Review these four functional areas and begin to lower service costs and increase client retention today.

Drew Stevens PhD is known as the Sales Strategist. Drew assists organizations to dramatically accelerate business growth. He is the author of seven books including Split Second Selling and Split Second Customer Service and Little Book of Hope and is frequently called on the media for his expertise. Get a FREE download Drew

Customer Service And Your Business

Friday, July 30th, 2010
Customer Service
by lunaweb

Customer Service And Your Business

Every business needs customers. If you can name a single business that does not deal with people at all, then I’d give you a million dollars for being the cleverest person on earth.

The success of your business usually depends on the number of customers you have. The more customers you have, the more your profits will be. It’s as simple as that. If that’s the case, then surely the most important thing to do is to gather customers as many customers as you can, right?

Mass Media Advertising to Attract Customers

But then, how do you attract customers? Attracting customers is a serious business, and some people even go so far as to hire other companies so that these companies can attract customers for them.

Enter the advertising companies. If you want your business to prosper, you’ll probably have to spend a bit of money in advertising. You’ll probably have to pay for billboards, for ads in the newspaper, for ads in the magazines, for ads in the radio, and even for ads in television.

However, which one of these is the most effective? Is it the television or the radio? Maybe the billboards are the most effective means of advertising?

The answer is – none of these!

Grapevine Advertising

Contrary to popular belief, it isn’t advertising through the traditional mass media that makes a business famous. I have to admit that it does help a lot in getting customers, but it is not nearly enough.

The best type of advertising is done through the grapevine. What’s the grapevine, you ask? Simple… rumors! Gossiping has been around since time immemorial. And there’s no doubt that “Ye Olde Tavern” became popular only when people started talking about it.

The question is, how do you get people to talk about your business? For one thing, you’ve got to have the best merchandise for miles around. However, that’s a bit unrealistic, don’t you think?

There’s only one best baker, there’s only one best lawyer, and there’s only one best painter. And if people valued only quality, then only the “Bests” in the world would have food on their tables, and the rest of us… well… we’ll probably be eating salt.

Good Customer Service is Good Business Practice

The truth is, you can attract customers by simply being nice to them. The best businesses always pair “quality goods” with “quality service”. This is actually where customer service comes in. When a customer enters the doors of your humble business establishment, he will be faced with either a customer service agent or a regular employee acting in the stead of a customer service agent.

If the customer has some questions, some problems, or some complaints, he’ll have to go straight to your customer service agent. There, his problems will be resolved and his questions will be answered. It depends upon your agent whether your customer will go home smiling or frowning.

Now, this is the crucial part. If the person is satisfied, chances are, he’ll tell all his friends and family that he went to this nice little establishment with a super friendly staff. If the customer was somehow dissatisfied with your customer service agent, then he’ll probably spew venomous comments about your establishment and advise people not to go there because they might meet the apathetic, rude, ill-mannered customer service agent. And so it goes… the customer’s friends, family, and even his acquaintances would steer clear of your place.

Just remember, bad publicity is never good. That kind of stuff works only in showbiz. If you want your business to be successful, make sure that your customer service is excellent. Just remember, once you satisfy your customers, they’ll start filling your purse.

Steven Taylor is a Marketing Consultant to http://www.Retronix.com – one of the most innovative and effective electronics services suppliers to the electronics & semiconductor industries. Services include BGA Rework.

Customer Service: Essential to the Success of Your Business

Friday, July 23rd, 2010
Customer Service
by lunaweb

Customer Service: Essential to the Success of Your Business

Customer Service is basically the way you interact with your client before, during and after a sale is executed or a service is rendered.

In this age of computers and internet a lot of innovations are happening that make life easier. However, with these innovations client services have become impersonal and most of the time scripted.

In business, the customer is king still holds true; no matter how far-fetched or unrealistic some of their demands may be. Everybody knows that for a business to thrive a loyal customer base must be nurtured and managed – customers who are willing to do repeat transactions with the company. Each satisfied customer expands the business exponentially. For behind every single happy client lies 10 more potential customers.

Any strong marketing support that a company provides for its products and services will still fall short of its objective if customer service is non-existent or lousy at best.

So how is customer service defined?

A customer service is considered good when the service comes with a smile. It is going beyond the perceived value of the product or service. It is far from the overly mechanical customer service scripts that we all have become accustomed to.

It is the need for human interaction in every encounter with a customer and their issues and problems done in a satisfactory manner.

In this modern world of technology where everything is viewed as borderless and seamless, assigning a generic department to handle customer service issues is an outdated practice.

Company managers are already aware that clients deal with employees in different levels of the organization. Each individual represents the company. Should any untoward incident happen involving the interaction between a company employee and a client, there is high probability that unwanted detrimental information about the company will be disseminated by the aggrieved customer. The solution to this problem to prevent negative publicity is to have a well-trained team on good customer service and rules of engagement with the clients.

The internet also introduced a new approach to customer satisfaction. A web marketing company relies on a sort of self-service style or approach in managing customer’s needs. A visitor to their website, upon purchase of products or services online, will more likely transact again with the company if he sees that everything he needs can be had with a click of the mouse. The user friendliness of the site from having easy access to its support staff to filing a complaint or returning a product makes for a great customer experience.  

Marketing support is an integral part in bringing in the initial money to the company. The only thing that will keep in the profits, in the end, is rendering good customer service.

Know how lead generation, lead incubation and lead conversion can be the big difference in your business. Learn the better way of doing customer service through Masterdigm at http://will2design.com/masterdigm-crm.

Customer Service – the Key to Success in Retail

Thursday, July 22nd, 2010
Customer Service
by RW PhotoBug

Customer Service – the Key to Success in Retail

                        Customer Service – The key to success in Retail

You might have heard about “Singh is King” but in Retail it is often said that the customer is king and you better keep the King happy. All the companies, these days, are making an effort to attract the customers by providing them with miraculous service and thereby making them feel more important. The expectations of the Indian Consumers are escalating day by day and an attempt to match these expectations is by improving the level of service. A number of companies have been setting examples of their astonishing attitude towards the customers. Arguably, one of the most famous examples of customer service can be of the US based department store Nordstrom. Initially the company started as a shoe retailer but later on it also started selling clothing, accessories, handbags, jewelry, cosmetics, fragrances, and in some locations, home furnishings. The following statement is taken from the official website of Nordstrom regarding its policy about finding a lower purchase price elsewhere:

“We assure you’ll never pay more. If you find the same item elsewhere for a lower price, we will gladly match it. Our Customer Service Specialists are ready to assist you, simply call 1-888-282-6060, 24 hours a day, 7 days a week.”

The statement means that if any customer finds lower price for the same product in any other store then Nordstrom will be refunding the difference to the customer. This shows the loyalty of the company towards the customer.

Lately, the companies have realized that apart from offering quality merchandise, convenience, discount offers and a competitive pricing, they also have to remodel their strategies around the needs of the customers and focus upon providing the customers with excellent service both to attract and retain them. Today most of the retailers across the world like Mc Donald’s, Dominos,  Lands’ end, Pantaloons , Reliance etc. have used customer service to gain an edge over there competitors. In the world of competition where the retailers are only looking for the sales number, customer service has been playing a significant role. Yes, sales is the most important factor in retail business and you can not be the best until you are more profitable than others but the bottom line is that in long term, if you have to stay in business , you should have the “trust of the customers”.

Customer Service, this is Kelly…
Video Rating: 4 / 5

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