Wednesday, January 21, 2009

Customer Satisfaction Survey: Get To Know Your Customer Base

Obtaining and keeping new clients is an important aspect in any business. However, many business owners put all their focus on attracting new clientele, and forget to reward and appreciate their current client base. A reward based incentive plan is an excellent way to attract new customers and keep your established clientele coming back. Customer approval should be your main prerogative to keep business. Reward programs turn new customers into repeat customers. Shoppers are more likely to return to business's that offer special deals or promotions for repeat business. A great way to establish your customer's current needs is to ask them. Many companies have a short customer satisfaction survey that helps determine customer needs, buying trends, and so much more!

An effective strategy in building your business starts with understanding your customer base. Who is your repeat patron, do you offer services or products that people cannot get anywhere else, and does your trade have a specific niche? For example, if you have a garden store do you specialize in assisting customers with garden planning and design. Is your store the only one in town that carries a specific plant or flower? Establishing a niche for your business will separate you from your competitors.

As an entrepreneur, it's important to keep up with the spending trends. Research the spending habits of your potential patron and make sure your product is within their budget. If your product is priced beyond your prospective customer's budget, they will shop elsewhere.

Marketing and advertising is essential to the success of any business. Unfortunately, not all companies have the budget for big advertising campaigns. A great way to market your company in the local community is to volunteer. Actively engaging in community events helps establish your role as a business owner. Customers like to see local owners participating in community events. Community gatherings are also a great place to wear your companies t-shirt for visibility. Check your local newspaper for upcoming events and volunteer opportunities. Or start a community outreach program with your employees and staff. Another great idea is offering free seminars through your office. A quick one hour seminar will bring customers and attention to your products and services.

Your employees are an excellent source for new marketing ideas. Teamwork allows the employees to feel involved in the growth and expansion of the business. Have your employees submit ideas about improving customer satisfaction or implementing a customer rewards program. Exceptional personal service keeps customers coming back, make sure your employees have the tools to provide this. In the business world, bad news travels fast, if a customer is not satisfied with your service they will not recommend you to their friends.

A great way to keep in touch with customers is through email. Sending an occasional email to your clientele keeps your business on their radar. A short email about new services, products or special promotions keeps them informed. Many send out special email only coupons. Email coupons are quick to print out and fun to redeem. Coupons are a great incentive to get customers thinking about your product. A customer satisfaction survey attached with a coupon or reward incentive will receive a lot more interest, and offer insight to customers understanding of your business and services.

Keeping your trade visible on the web and in the community will help sales continue to climb. One of the most important aspects of growing a business is offering exceptional customer service with the use of a customer satisfaction survey. Finding a niche for your product in the local community involves research and commitment. Be creative in your marketing techniques and see how your business blossoms.

Andy West writes for NBRI, a reputable company helping business owners explore venues to implement a customer satisfaction survey. Please visit http://www.nbrii.com/Customer_Surveys/Satisfaction.html for more information.

Monday, January 12, 2009

Customer Service Software For All Your Customer Support Needs

Customer service software solutions have made it easier for online businesses to provide efficient and quick customer service to their customers all over the world. An online business without proper customer service can't survive for long, and a customer service software offers unlimited support. It offers quality solutions, faster solutions, reliable solutions and more accessible customer service.

It offers a centralized way to manage problems and issues relating to the management of your online business. If you have an online or an e-commerce business, you know that you're going to be facing technical issues sooner or later. You have to be prepared for any unexpected problems.

How It Works

Let's discuss briefly how it can help you. If you have an online business, you probably have a customer support person who answers customers queries. The software effectively manages all these queries, by directing them to the appropriate department. For example, all technical queries will be sent directly to the technical department. If someone calls with an inquiry relating to payments, that person will be directed to the billing department. With the aid of this software, businesses are able to improve the way any and all queries are handled, and offer solutions much faster.

Where To Get One

There's a huge variety of this software available in the market. Whether you have a small online business or a large e-commerce business, you can always find the type of software that matches your needs and budget. You can search the Internet for customer service software. Most of the sites selling this kind of software, will offer technical assistance to help you set up the system. Their technical teams will also train your staff on how to operate it correctly. They'll give you reports on how your customer service, as well as your other products and services are performing. You can then use these reports to make any necessary changes. Installing the software is easy. Furthermore, it only requires a little bit of training to run it properly, and almost anyone can operate it. You can have it up and running in no time.

Some Features

It's is multi-tasked. It doesn't just manage the calls; it also records all the transactions. Furthermore, it also maintains reports. These reports can then be pulled up in future for reference. These are just some of the many features the software has. In the future you'll see even more features added to it.

As you can see, this software can and will vastly improve the efficiency of your customer service tasks. In no time at all, you'll see an increase in sales. It'll also improve the overall performance of your business. Furthermore, it'll save you thousands of dollars every year. In the growing competitive market we live in today, one simply can't do without owning this customer service software.

Charles McDuffie is an author and entrepreneur for ASB Enterprises. Visit: http://xrl.us/oxmus to learn about the various features of customer service software.

Friday, December 26, 2008

Holding On to Customers During Tough Times

In the current economy, there is a very real and growing concern about how to gain and to keep customers. This was apparent at the 2008 North American Conference on Customer Management (NACCM) this year, with attendance lower than it has been in some time. The irony is that much of what was presented provided insight on how to reach out and hold on to customers during tough times.

In stressful times such as these, many companies tend to pull away from their customers, and may even cut back on satisfaction and loyalty programs to try and improve their bottom line. This, unfortunately, is a mistake because it cuts at the very heart of what we all need to be doing during this time engaging customers to the point that they are willing to ride out tough economic times with us, rather than viewing us as yet another business that really doesn't care about its customers and is willing to drop them or cut out the programs and products they care about most as soon as times get tough.

This was part of the overarching message at NACCM, including a conference speech I gave on engagement-that it's important to continue to invest in improving customer engagement. However, one must be smart about how one goes about it. And the five most important take aways from this years conference were:

Engaging your customers (moving beyond 'satisfaction' and 'loyalty') will create a relationship between your customers and your company and/or its product that will help you weather the economic storm or even any mistakes your company may make engaged customers really do stick with you and spend more money!

Use tools that are as effective as possible with the least expense (web-based tools are ideal for this) tools that will not only provide you with data, but will help point you toward what is really going on with your customers

Don't just 'survey' your customers use tools that will provide you with leading indicators that will allow you to predict how a much larger group of customers will react based on the responses of a smaller group.

Don't forget your employees! Engaged employees have a positive effect (a 'spillover effect') on the engagement of your customers.

Engaging your customers means taking action. Even small improvements can mean an increase in your customer's share of wallet, positive word of mouth and referrals and increased retention and productivity from employees

The key in all of this is to overcome the reactionary fear that comes with a downturn in the economy and to look beyond. By spending smarter and in the right areas (what area is more important than those people who allow us all to be paid?) we can do more than survive-we can continue to thrive.

Terence Fugazzi is the VP of Demand Marketing at Allegiance (http://www.allegiance.com). His company provides solutions that help organizations grow and increase profitability through improved customer and employee loyalty and engagement.

Friday, December 19, 2008

What Is Customer Service?

Most of the company loses there many customers every year but they really doesnt know why? Don t allows your customer base to decay while letting your competition gain market share.

Always engage with the customers to know what they want and what are they suggesting for you and ask them how you could be do better be more relevant to them. If you realize that what your customer thinks about you, their needs and what they want your business will be than perfect. Here are the few things that you can do.

1. Discover what your customers think about you and the competition
2. Get insights on new products or services
3. Understand what drives their loyalty
4. Learn where you stand in comparison with competitors
5. Demonstrate a commitment to listening to your customers

Engaging with customers drives improved customer loyalty and satisfaction. Quickly respond to customer concerns, promote the best answers, and point customers to the most up-to-date information, this will help you to improve and make a successful business. Always understand customer needs, prioritize their ideas, and turn them into product improvements. Get Satisfaction provides real-time, dynamic customer support content that leverages the wisdom of crowds.

Your customer service should transform from a cost center into an opportunity for authenticity and responsiveness. Your customers will love you for it. These days, customer service means more than good manners reinforced with a smile. You should manage and track customer service requests from an initial contact through resolution. The service workers and salespeople should have the more information about their product and company and with a quick than, it will possible to respond more quickly to client concerns than in the past. This boosts both customer satisfaction and, ultimately, employee morale. No longer do employees find themselves conducting hit-or-miss searches for the information they need to satisfy customers.

Helping, meeting people s needs create a good image to the company s future. You can cultivate or corrodes your relationship with the customers by a single contact with your organization. That includes every letter you send, every ad you run, and every phone call you make. This includes every employee contact, from the CEO to technicians, sales force, support staff, and maintenance crews. You must always see yourself through your customers eyes.

The employees should be trained to see situations through the eyes of the customers. One of the goals of customer service training is to instill in all your employees the sense that it is their business, too. You should build the sense of ownership by encouraging employees to see situations from the owner s point of view. In other words, your business is only as good as your employee is it is a sobering thought, isnt it? How well are you training your employees to cultivate your customers? Is anyone too high or too low to count? This is the all you should do to upgrade your business.

This article is distributed by MDofPC LLC http://www.mdofpc.com


consumer lawyer

Good Customer Service Is The Livelihood

Why is Good Customer Service So Important? It s simply because customers are turning their backs to businesses that do not deliver value. And great customer support adds value! There s no way around it. No shortcuts. Customers demand value for money, or they are out of the door.

Good customer service is the livelihood for any company. You can propose promotions and cut prices to bring in as many new clients as you want, but unless you can get some of those clients to come back, your business won t be money-making for long.

Good customer service is all about getting customers back. And about sending them away happy enough to pass affirmative feedback about your company along to others, who may then try the product or service you, propose for themselves and in their turn become repeat customers.

If you re a good seller, you can sell anything to anyone once. But it will be your approach to customer service that decides whether or not you ll ever be able to sell that person anything else. The spirit of good customer service is structuring a relationship with customers a relationship that individual customer feels that he would like to pursue.

How do you go about structuring such a relationship? By remembering the one true top secret of good customer service and acting accordingly; you will be judged by what you do, not what you say.

Some key points about the good customer service are as below.

1. Keep in mind there is no system that the class of customer service can exceed the class of the people who offer it.
2. Understand that your people will care for your customer the way they are cared.
3. Know your customers
4. Tell your customers who you are.
5. For superior customer service, go the extra mile.
6. Your customers should be addressed when they walk in.
7. Give customers the advantage of the hesitation.
8. If a customer makes a request for something special, do everything you can to say yes.
9. Train your customer service associates properly, in how to handle a customer complaint or an irate person?
10. Want to know what your customers think of your company? Ask them!
11. Always tell your customer what you CAN do for them. Don t begin your conversation by telling them what you CAN T do.
12. Diffuse anger by saying I m sorry or I apologize.
13. Use your customer s name at different points in the call.

This article is distributed by MDofPC LLC http://www.mdofpc.com

Customer Service Is A Power Tool

To provide service to a needy is considered one of the prime in any culture or tradition. Today, in this era of Information Technology prime importance to the satisfaction of customer. Company s in any field attempts to fulfill the needs of customer, let it be the field of telecommunication, retail or even computers.

What is actually service? Service is a process carried out to satisfy the recipient of the same. In case of customer service the server attempts to satisfy the customer of a particular product. Customer service can be defined as is a process for providing competitive advantage and adding benefits in order to maximize the total value to the customer. As an example consider the customer care centre of a particular telephone service provider like Reliance. A customer with certain difficulty in the company s product approaches with the expectation of resolving it. The duty of the organization is to satisfy the simply by solving his problem. Thus Customer Service can be considered as any contact between a customer and a company that causes a negative or positive perception by a customer. Therefore in the above case depending on his satisfaction the customer will have negative or positive impression on the organization.

Customer product service is the ability to provide a service or product in the way that it has been promised. It depends on number of factors like time, approach of the service provider and most importantly the understanding of the customer need. Customer product service is about treating the product of customer as you would like to be treated with your product.

The commitment to providing value added services to external and internal customers, including attitude knowledge, technical support and quality of service in a timely manner is the aspect of customer product service. Here the pains undertaken by the service provider is not significant. What makes difference is the ultimate result. No customer has to wonder about the process of solving the problem. It is up to the service provider to deal with all the stages which he comes across in resolving the customer s product problem.

Why does a service provider take so much pain in satisfying his client? A company can only benefit if it has lots and lots of customers. Profit making is ultimate goal of any organization. Remember that it takes months to find a customer but seconds to lose one.

This article is distributed by MDofPC LLC http://www.mdofpc.com

Tuesday, December 16, 2008

Cultivate Relationships to Increase Margins

A critical component of customer relationship management (CRM) - and yet often overlooked - is the cultivation of existing customers. We've seen it all too often; companies spend nearly all of their time and scarce resources trying to attract new customers - while existing customers are largely ignored. This practice can be costly in terms of lower profitability and higher customer turnover rates. Companies seeking to improve their CRM practices should look no further than cultivating existing customer relationships.

The Importance of Cultivation

All too often, businesses large and small become focused on one simple thing: attracting new customers. While this is an important dynamic for real business growth, it can become toxic if it is overemphasized and becomes the ONLY focal point for the business.

Customer acquisition is often the most costly and least profitable component of the overall customer experience. Companies throw promotions, price discounts, or free products and services at potential new customers - all of which can quickly hike up acquisition costs and squeeze profitability.

Don't Make a Loss Leader be a Total Loss

We see examples of high acquisition costs every day. Grocery stores and other retailers are famous for offering loss leaders - popular products or commodities at an unprofitable price - in order to get customers in the door. Mobile phone companies subsidize new phone sales - again unprofitably - in order to land more subscribers. Even car dealers often sell new cars at very narrow margins in an attempt to land longer-term service relationships.

High-cost acquisition programs can be effective in landing new customers. However, in order to make the practice profitable, companies must focus more attention on taking care of existing customers and building meaningful and lasting relationships. Simply put, incremental revenue generated from an existing customer can be achieved at nominal costs. As a result, the cultivation phase - or back end - of the customer experience process can often be the most profitable.

Customer cultivation is important for one very important reason; it can significantly improve the customer lifetime value for your company. Customer lifetime value - simply put - represents the total revenue collected from a customer less any costs to acquire, serve and support the customer over the life of their relationship with your company.

Cultivate Your Relationships to Improve Your Margins

For example, if we commit $140.00 to acquire a customer that buys a $150.00 MP3 music player, we have made a margin of only $10.00. However, if we can develop and nurture the customer relationship at a nominal cost of only $50.00, they may turn around and spend $300.00 dollars on music downloads, gifts for friends, and related products over the next year - a respectable margin of $250.00.

If a meaningful customer relationship was never established after the initial transaction, then the lifetime value of the customer is a measly $10.00. However, by cultivating the relationship and obtaining additional follow-on revenue in our example, we increase the customer lifetime value to $260.00 from $10.00 - a healthy increase of 2600%!

How to Cultivate

Every new customer transaction plants a seed. What your company does with that seed can make a significant impact on future profitability. Will the seed lay there and be forgotten? Or will it be fed, watered, and nourished into a lush asset that bears fruit on a regular basis?

In order to get the most out of your customer relationships, you need to cultivate what you sow:

* Relate: Relate with your customers through regular and meaningful contact, observations, and ongoing interactions.
* Retain: Retain your customers by creating barriers to switching to a competitor and create an atmosphere of exclusivity.
* Expand: Expand your relationship with your customers by offering complimentary products and services on an ongoing basis.
* Innovate: Keep your customers excited and engaged by surprising them with new product innovations or special bundles that are tailored just for them.
* Analyze: Analyze your customer behaviors and cultivation activities to predict and anticipate future wants and needs.

Very few companies get customer cultivation right the first time. Doing it effectively can take strong leadership, a clear vision, and an effective measurement system to continuously evaluate customer lifetime value. However, those companies that do it right can reap significant rewards.

Robert Howard is the Founder and Chief Executive of ClearBrick LLC, a leading provider of customer experience business solutions, research, and advice.

ClearBrick can be found online at http://www.ClearBrick.com.