1. Communication: Listening is just as important as telling. Think about how often you actually speak with your customers. Then evaluate, am I only calling when we need to make a sale or close a deal? Focus on less financial-driven communication (whether it's email, phone or face-to-face interaction is up to you). Do you have a newsletter or a new tool you're testing out? If you make your customers feel involved, they feel as though they actually have a stake in your company, and feel like you care about more than just getting the sale.
2. Rewards: Every industry has companies who do reward and customer loyalty programs differently. It is a very simple form of saying 'thank you.' And particularly of late, loyalty programs seem only to have grown in popularity. Why? Customer loyalty programs are the next-generation marketing strategy. It is a viable and measurable marketing tool that small businesses can use to retain their customers and grow their business. It's all about recognizing and understanding your customers (and each one is unique, so learn about each of them separately). Once you do that, you can gear a loyalty program around their habits, likes and dislikes (think about the way LBS services like Foursquare, GoWalla and others are implementing rewards strategies).
3. Enhanced Customer Service: This rule goes without saying, but as Ray Wang, a partner at Altimeter Group in San Mateo, California, put it best at CRM Evolution, 'Customers no longer care about what department you're in, they simply want their problem fixed.' With social CRM channels like Twitter replacing traditional call centers, it's imperative that everyone in your company buy into a singular customer service strategy. As the earlier cited American Express survey notes, good customer service can be the determining factor in repeat business. So why wouldn't you focus extra attention on it?
4. Start Small and Emphasize Human Touch: Everyone remembers the theme song to the ever-popular television series Cheers. Well it's very true, as getting to know the names and faces of regular customers shows that you care. Additionally, as a small business, make the extra effort to emphasize face-to-face interaction as opposed to phone or email.
5. Be Flexible: Be quick and attentive to a customer's problems or complaints. In the past, some companies would simply say, 'I'm sorry, it's policy' in response to a customer complaint. That answer doesn't really work anymore, as customers are savvy enough to take their business elsewhere if they're not getting the service and attention they want. You should set aside some strategic ideas for dealing with an unhappy customer, but you shouldn't waver far from the old mantra that the customer is always right
1. Communication: Listening is just as important as telling. Think about how often you actually speak with your customers. Then evaluate, am I only calling when we need to make a sale or close a deal? Focus on less financial-driven communication (whether it's email, phone or face-to-face interaction is up to you). Do you have a newsletter or a new tool you're testing out? If you make your customers feel involved, they feel as though they actually have a stake in your company, and feel like you care about more than just getting the sale.2. Rewards: Every industry has companies who do reward and customer loyalty programs differently. It is a very simple form of saying 'thank you.' And particularly of late, loyalty programs seem only to have grown in popularity. Why? Customer loyalty programs are the next-generation marketing strategy. It is a viable and measurable marketing tool that small businesses can use to retain their customers and grow their business. It's all about recognizing and understanding your customers (and each one is unique, so learn about each of them separately). Once you do that, you can gear a loyalty program around their habits, likes and dislikes (think about the way LBS services like Foursquare, GoWalla and others are implementing rewards strategies).3. Enhanced Customer Service: This rule goes without saying, but as Ray Wang, a partner at Altimeter Group in San Mateo, California, put it best at CRM Evolution, 'Customers no longer care about what department you're in, they simply want their problem fixed.' With social CRM channels like Twitter replacing traditional call centers, it's imperative that everyone in your company buy into a singular customer service strategy. As the earlier cited American Express survey notes, good customer service can be the determining factor in repeat business. So why wouldn't you focus extra attention on it?4. Start Small and Emphasize Human Touch: Everyone remembers the theme song to the ever-popular television series Cheers. Well it's very true, as getting to know the names and faces of regular customers shows that you care. Additionally, as a small business, make the extra effort to emphasize face-to-face interaction as opposed to phone or email. 5. Be Flexible: Be quick and attentive to a customer's problems or complaints. In the past, some companies would simply say, 'I'm sorry, it's policy' in response to a customer complaint. That answer doesn't really work anymore, as customers are savvy enough to take their business elsewhere if they're not getting the service and attention they want. You should set aside some strategic ideas for dealing with an unhappy customer, but you shouldn't waver far from the old mantra that the customer is always right
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