Thursday, 25 August 2016

CUSTOMER DEDICATION & CUSTOMER LOYALTY





A customer is the most important visitor on our premises.
He is not dependent on us.
We are dependent on him.
He is not an interruption on our work.
He is the purpose of it.
He is not an outsider on our business.
He is a part of it.
We are not doing him a favor by serving him.
He is doing us a favor
by giving us an opportunity to do so.

Why Customer dedication?
Customers are the lifeline of any organisation! The very organisation in which we work exists only because of our customers.
Remember : No Customers – No Organisations – No employees
Building customer loyalty isn't easy, but it's worth the effort.
Service to our customers should always be our foremost and top priority.  We need to do our very best to provide the highest quality products and services at a fair price to customers. We appreciate your business and we encourage you to let us know how we can better serve you.
As part of dedication to customer service, it is important to:
1.    Make sure that all our phones are always answered by a live person during our business hours.
2.    Communicate whenever there is an issue or delay (such as unavailable product/service or holiday schedules that would affect order shipments.)
3.    Respond to inquiries, questions about orders, and other communications in a timely manner.
4.    Maintain a healthy and happy work environment for employees so they can be prepared to serve our customers in the best possible manner.
5.    Ensure the quality of our products and services through our highest standards and 100% compliance of all practices for product purchasing, post sales service, and safety.
6.    Listen to the customer’s experiences and take their suggestions for improvements on our products/services, and ideas for new products.
7.    Personal touch

Are you customers satisfied? That’s good, right? Well, yes for the short term.  But in the long term, it’s not necessarily enough.




Why Customer Loyalty Matters for Today's Businesses
On average, loyal customers are worth up to 10 times as much as their first purchase.
Is great customer service really worth the effort?
It might seem like a no-brainer, but many entrepreneurs struggle with this question. It’s not as clear-cut as simply looking at a sales chart to see if your service quality is in the black. To answer this question, we’ll analyze data (not hunches) from both ends of the spectrum. Specifically, we need to look at:

1. What are the rewards for providing great service?
2. What are the costs and punishments for providing bad service?

In the following section and throughout the rest of this post, we will utilize academic studies, consumer reports and proven statistics to shed light on the pros and cons of running a customer-centric business.
The rewards of great service
A variety of research shows that today’s customers place a priority on receiving great service.
A 2011 report published by American express revealed that 3 out of 5 customers were willing to give up a former favorite brand in order to have a better service experience.
Even more telling are the results of the 2010 RightNow Customer Experience Impact report, which revealed that 9 in 10 Americans are willing to spend more with companies they believe provide excellent customer service.
Eighty percent of respondents shared the belief that smaller companies place a greater emphasis on service than larger companies, meaning ...small business success is highly dependent on the satisfied customer.
The way that small business owners can beat out big-box stores isn’t to compete with them on the things they are good at (e.g., low prices, logistics, etc.); it’s far more important to out-support your competition by providing a level of service that they just can’t match.
A great service is the bedrock for creating customer loyalty, and it can come back to haunt you if your business isn’t making it a priority.

The high cost of bad service
News of bad customer service reaches more than twice as many ears as praise for a good service experience.
Will bad service really scare customers away from your business? The data presents a strong case for a resounding “yes.”
Consumer Reports surveys have shown that nearly 91 percent of customers will not do business with you a second time if you botch the first encounter. It was even uncovered that two-thirds of customers have walked out of a store when they felt the service was subpar.
The amount of customers willing to immediately abandon a business reached nearly 70 percent when it came to poor service on the phone, conclusively showing that customers are willing to shut you out if you don’t provide the quality of service they expect.
The worst part: You may not know how much of an impact your poor quality of service is having before it’s too late.
The White House Office of Consumer Affairs revealed a startling statistic on how service can silently affect your bottom line: For every customer who bothers to complain, nearly 26 others remain silent.
BOTTOM LINE : If you continue to provide subpar service, you may start losing customers without warning.
What this means for your business
By now you’ve seen that building loyalty among your customer base is more important than ever before.
Your sales team will continue to have less control in informing and guiding customers through a sales purchase. Given the “always on” nature of the web, product information, reviews, and even access to your competitors are all just clicks away from a prospective customer’s fingertips.
Top-notch companies see this as an opportunity, not a dilemma. Recent consumer data from a Peppers & Rogers study showcases how leading business are also leading the charge for great service: 81% of companies with strong capabilities and competencies for delivering an excellent customer experience are outperforming their competition.
Will you be among them?





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