Rule #1: Think of customers as individuals. Once we think that way, we realize our business is our customer, not our product or services. Putting all the focus on the merchandise in our store, or the services our corporation ...
Customer loyalty is widely accepted as being worth nurturing, but what are the main business factors that directly influence the loyalty of your customers? There are six major factors that play key roles in influencing the loya...
Have you ever sat down and pondered why customer-alignment – including CRM – is so hard for so many companies? Yah sure, we’ve all mouthed the same bromides about changing from company-centric to customer-centric envi...
Customers become loyal to your company and its products and services one transaction at a time. In today’s digitized world of ever-expanding customer-touch tools, finding the right tool for the right loyalty-building job ...
Customer valuation has traditionally been a tantalizing customer management tool—full of untapped promise. This will be the year it comes into its own, I predict. Of course, making predictions is a lot harder than you might t...
Companies have much enthusiasm for customer satisfaction. Many see it as a way of making customers happy, and others look at measuring loyalty. But how important is satisfaction in reality? Most of us have heard phrases such as...
ALERD = Ask, Listen, Evaluate Response, Dialogue! Innovative players across such industries as banking, insurance, financial services, publishing, media, telecom and utilities are opting out of the old fashioned static customer...
In the increasing trend of out-sourcing customer service departments overseas, we look to giving you some very good reasons why it should be closer to home. When I ran customer service for a national cellular network in the ...
Is it right that a company should profit more at the expense of wasting customer’s time? Recently, I walked over to my bank for what I hoped would be a quick transaction, and felt I was in luck as one of the five tellers ...
Social marketing is fast becoming a steady fixture for the majority of marketers. By social marketing, I mean marketing by c2c, often enabled by internet and increasingly, by mobile internet technology. As both the Economist In...
Barely a day goes by without another story of uncaring call centre staff treating customers like dirt… And then being surprised when they appear a little while later on an A-list blog, then in the press, then on prime-tim...
According to a recent report, outstanding customer service is more important than low prices and quality products. In this article we take a brief look into the state of the customer experience anno 2007. Harris Interactive rec...
For many businesses, customers are only useful because they buy. You can’t knock that, but there is so much more that customers could do. I like to call these other things “customer citizenship behaviors”. Cus...
The strategy of customer centricity is a well accepted method of winning customer satisfaction, loyalty and even increased profits. But where to begin? In most organisations, between 50% and 70% of internal effort expended does...
In business, the words “planning” and “customer-centric” seldom appear in the same paragraph, let alone in the same sentence. It’s almost as if being customer-centric is something that happens by o...
If you’ve ever taken a marketing course, or read marketing literature, you’re probably familiar A.Maslow. In the late 1960s, it was Maslow who developed a hierarchical, or layered, theory of human needs and values....
Businesses stand to reap massive rewards by regularly reviewing strategies that enable them to create value for their customers. This, by implication, requires employees to have a keen understanding of the actual and potentia...