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Casual Articles - Deploying Your Frontline For Customer Research
Today's Banks Are Not Just For Mortgages, Loans and Investments trying to be funny, but let me ask you: of all the places you go to spend your money as a customer, how often do employees actually take the time to speak to you in a meaningful way? And “Thank you have a nice day” doesn’t qualify. Simple conversation with your customers delivers two powerful outcomes that will benefit your business: 1) improve customer service, and 2) reveal customer insight/data that you can act upon to profitably grow your business.In today’s capitalist world where security is one of the utmost concerns, the typical problem facing an individual is financial security. Money-related questions typically asked are: “Where can I keep my money? What is the best way to invest it and make it grow? Who can I borrow money from?” And the answer: a bank – a financial institution dealing with financial concerns.Banks are known to provide financial services, from storing assets (liquid or otherwise) to extending credit. From 2. Monthly Surveys: Minding Your Own Brand: Daddy, What Do You Do At Work? With an over saturation of purchase options, coupled with the fact that consumers today are more sophisticated and educated than they were a few years ago, it is absolutely imperative that companies are connected at their customer’s hip in terms of understanding their wants, needs and expectations.One morning at breakfast my four-year-old asked me what I do all day at work. As I started to give my thirty-second elevator pitch I use at networking events, I soon realized he didn’t care how “I build stronger brands and improve organizational dynamics” nor did he seem interested in how “I help companies succeed.”So I told him that “I make companies better.” And he asked, “Are they sick?”“Well kind of,” I answered, struggling to bring my complex methodology of creating extra Consumers continue to demand much more, are more impulsive and less patient than in the past, and are much more sensitive to disparities in service. This, among other factors explains why the rate of customer defection is increasing. A study by MOHR Learning, a New Jersey based consulting firm, found that 20% of customers will immediately walk out of a store when confronted by bad service and 26% will warn their friends and family members not to shop there. Obtaining Customer Insight: To succeed today you must become both customer-focused and customer-centered. Market leaders possess foresight and vision that begins with the customer. If you’re to achieve your business goals both now and into the future, you must be able to clearly see and anticipate significant trends and shifts in customer behavior, and extract meaning for future business practice. If you haven’t done so at this point, then you must begin the journey in obtaining superior knowledge on your customer’s needs, wants, and expectations. You want to determine the type of shopping experience your customers desire. And the type of shopping experiences will vary in direct proportion to the different types of customers you have. The role of your frontline employees in identifying your customers and effectively interacting with them has become more critical. Why spend a boat-load of money on some consulting or market research firm to come into your business to communicate with your customers about what they want and don’t want, when you have already made that same type of investment via the labor line on your P&L: employees! Companies today need to generate a better return on their employee investment than simply just having them show up for work. Employees who are at work physically, and simply going through the motions without turning on the greatest computer known to man: the human brain, will prevent you from taking your business to the next level. After all, the majority of customer contact today is done by someone other than the owner or company management; it’s your frontline employees: Frontline Customer Research: Here a few low-cost approaches to get into your customers heads by better utilizing your frontline employees: 1. Talk To Customers: 2. Monthly Surveys: Does Your Brochure Pass the Test - Or is It Headed for the Trash? Part One out of a store when confronted by bad service and 26% will warn their friends and family members not to shop there.The decision on whether or not someone will read your brochure is usually decided in the first 5 seconds they look at it. What kind of message are you communicating in that five seconds? Will you make a favorable impression with your prospect? Will you move your prospect closer to the sale?There are really only two key elements that will determine how well your brochure is received by prospects. These two elements will ultimately make the difference in your brochure being a tool Obtaining Customer Insight: To succeed today you must become both customer-focused and customer-centered. Market leaders possess foresight and vision that begins with the customer. If you’re to achieve your business goals both now and into the future, you must be able to clearly see and anticipate significant trends and shifts in customer behavior, and extract meaning for future business practice. If you haven’t done so at this point, then you must begin the journey in obtaining superior knowledge on your customer’s needs, wants, and expectations. You want to determine the type of shopping experience your customers desire. And the type of shopping experiences will vary in direct proportion to the different types of customers you have. The role of your frontline employees in identifying your customers and effectively interacting with them has become more critical. Why spend a boat-load of money on some consulting or market research firm to come into your business to communicate with your customers about what they want and don’t want, when you have already made that same type of investment via the labor line on your P&L: employees! Companies today need to generate a better return on their employee investment than simply just having them show up for work. Employees who are at work physically, and simply going through the motions without turning on the greatest computer known to man: the human brain, will prevent you from taking your business to the next level. After all, the majority of customer contact today is done by someone other than the owner or company management; it’s your frontline employees: Frontline Customer Research: Here a few low-cost approaches to get into your customers heads by better utilizing your frontline employees: 1. Talk To Customers: 2. Monthly Surveys: What Most Employers Don't Want You to Know When They Talk Salary ts, and expectations.When hiring managers describe a salary and benefits package to you, they have one main objective in mind: To get the best possible talent for the least possible expense. They're not going to volunteer the fact that they can go higher in salary or negotiate concessions in your benefits package. So, if you're in the midst of a job change and salary negotiation, here are some important things to keep in mind: Know How Much You're Worth: Well-managed companies conduct regular labor market You want to determine the type of shopping experience your customers desire. And the type of shopping experiences will vary in direct proportion to the different types of customers you have. The role of your frontline employees in identifying your customers and effectively interacting with them has become more critical. Why spend a boat-load of money on some consulting or market research firm to come into your business to communicate with your customers about what they want and don’t want, when you have already made that same type of investment via the labor line on your P&L: employees! Companies today need to generate a better return on their employee investment than simply just having them show up for work. Employees who are at work physically, and simply going through the motions without turning on the greatest computer known to man: the human brain, will prevent you from taking your business to the next level. After all, the majority of customer contact today is done by someone other than the owner or company management; it’s your frontline employees: Frontline Customer Research: Here a few low-cost approaches to get into your customers heads by better utilizing your frontline employees: 1. Talk To Customers: 2. Monthly Surveys: You're The New Boss - What Now? to generate a better return on their employee investment than simply just having them show up for work. Employees who are at work physically, and simply going through the motions without turning on the greatest computer known to man: the human brain, will prevent you from taking your business to the next level. After all, the majority of customer contact today is done by someone other than the owner or company management; it’s your frontline employees:You're the boss. What do you do now?Tim is nervous. He's about to start a new job as the boss of people he doesn't know. He's not coming as a savior. The team is performing up to standard, even though it could do better.Tim has the same question most new bosses have. What should I do?Start by learning about your people and the situation. This team isn't in trouble. You don't have to take drastic action, so take the time to get to know them and to let them get to know Frontline Customer Research: Here a few low-cost approaches to get into your customers heads by better utilizing your frontline employees: 1. Talk To Customers: 2. Monthly Surveys: Actively Market Your Value trying to be funny, but let me ask you: of all the places you go to spend your money as a customer, how often do employees actually take the time to speak to you in a meaningful way? And “Thank you have a nice day” doesn’t qualify. Simple conversation with your customers delivers two powerful outcomes that will benefit your business: 1) improve customer service, and 2) reveal customer insight/data that you can act upon to profitably grow your business."Bodacious" means to be bold, outstanding, and remarkable. Take those attributes to work and you're on your way to building a fulfilling, bodacious career. Does having a bodacious career sound exciting to you? It is! After starting as an $8 an hour customer service rep, I rose through the ranks of AOL, accepting four promotions and surviving over six layoffs to become the head of corporate training for 12,000 employees. Along the way I learned I needed to be bodacious to achieve the ca 2. Monthly Surveys: Now you might be saying to yourself, this is it: talk and monthly surveys? Not very elaborate is it? Of course not, why do you think consultants and market research firms charge so much? When it comes to the frontline, simple wins every time. Besides, you’ve already made the investment! * For a free report: “Motivating Non-Performers: 20 Do’s & Don’ts of Employee Motivation” go to: www.eps-i.com
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