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    The 3 Critical Financial Statements
    There are three vital statements for understanding the condition of a business or entity: (1) the Profit and Loss Statement, (2) the Balance Sheet and (3) the Sources and Uses Statement. Each of them provides a different perspective of how an entity is operating. Combined, they show examiners the health of the business. Each statement reflects a different perspective on the business' financial operations.The first statement, the Profit and Loss, can also be called th
    t’s been proven over and over again that staying in touch with your current customers is one of the best ways to encourage them to keep coming back to your business. Send them information about upcoming sales, new products, special promotions. Provide them with educational and informative information.

    8. Make your customers or clients feel special

    We all love it when people in our lives make us feel special. Your customers are no different. They want to feel like their business is valued and appreciated. Sincerely listening to their needs and desires can help you achieve this. Get to know your customers as people, not just a means to build your bank account.

    All of your customers are some other company’s potential

    Mobile Oil Change Business and Profitability
    Many of those who are mechanics may wish to go into the Mobile Oil Change Business because the entry costs are low and because that is their area of expertise and a much needed service. But if they do this, will they make money? That is the question in the mind of every wouldbe entrepreneur now isn’t it? So, then is a mobile oil change business profitable?As far as profit margins. I do not believe it is the best business model. Especially considering travel time, shorta
    Customer retention is important to all businesses, but if your business relies heavily on repeat sales it’s even more vital to your success. Does your business have a customer or client retention strategy? An effective retention program can help you increase your sales by over 25%.

    Marketing research has found that your cost for finding and attracting a new customer or client is about six times more than the cost to keep an existing one.

    This proves that there are sound, practical financial reasons why every business should implement a customer retention program. Here are eight things you can do to hang on to your current customers.

    1. Treat your customers or clients like a guest in your home.

    When guests visit your home you greet them right away. You say “hello” or “Hi there” And you don’t make them wait at your door. I’m sure some of you have walked into a retail store where you were ignored. A warm greeting in person or over the phone is a little thing that can mean a lot to your customers.

    2. Remember to say please and thank you.

    Be polite to all your customers, even the rare ones who are not polite to you. Simple courtesy can go a long way to keep your customers and clients returning to your business. Please and thank you are remarkable words for developing rapport and building customer loyalty.

    3. A little touch can have a big positive impact

    Physical touch is a strong form of communication. Remember to shake your customers hands. If you’re working in a retail position, place the change in your customer’s hands; don’t just toss it on the counter. A study with waiters in a restaurant found that servers who touched their patrons while giving change or a bill, received significantly bigger tips.

    4. Under-promise, over deliver

    You should always be looking for ways to add more value to your products and services without increasing the cost. Give your customers more than they expect. If you tell them their order will be ready in two weeks, complete it in one week and delivery it in person. Include a gift with your invoice; gift cards and gift certificates are a nice touch.

    5. Tell them how you resolved their issues

    No matter how hard we try, once in a while, we’ll get a customer who has a complain or a problem. My recommendation, don’t make excuses or place blame. Fix the problem promptly and tell your customers what you have done to solve their problem.

    6. Take a long-term view of your business

    Remember that a lost customer can mean hundreds, even thousands of dollars in future sales. Keep in mind the “life time value” of your customers and clients. When you are dealing with customer service issues, remember that research shows every upset customer will tell eleven other people about their experience with your business and those eleven will tell five more people.

    7. Communicate regularly with your current customers

    It’s been proven over and over again that staying in touch with your current customers is one of the best ways to encourage them to keep coming back to your business. Send them information about upcoming sales, new products, special promotions. Provide them with educational and informative information.

    8. Make your customers or clients feel special

    We all love it when people in our lives make us feel special. Your customers are no different. They want to feel like their business is valued and appreciated. Sincerely listening to their needs and desires can help you achieve this. Get to know your customers as people, not just a means to build your bank account.

    All of your customers are some other company’s potential

    A Career That Makes a Difference
    I think I have one of the most important jobs in the world. I didn't realize it at the time, because I took it as a temporary job until, what I thought, a real or permanent job came along. I was an accountant, so I was looking for something along that line. I know when I was in college, people thought in terms of preparing for jobs as a lawyer, doctor, teacher, engineer, or businessman.But the problem in the world today is that there's so much violence, and it seems
    sit your home you greet them right away. You say “hello” or “Hi there” And you don’t make them wait at your door. I’m sure some of you have walked into a retail store where you were ignored. A warm greeting in person or over the phone is a little thing that can mean a lot to your customers.

    2. Remember to say please and thank you.

    Be polite to all your customers, even the rare ones who are not polite to you. Simple courtesy can go a long way to keep your customers and clients returning to your business. Please and thank you are remarkable words for developing rapport and building customer loyalty.

    3. A little touch can have a big positive impact

    Physical touch is a strong form of communication. Remember to shake your customers hands. If you’re working in a retail position, place the change in your customer’s hands; don’t just toss it on the counter. A study with waiters in a restaurant found that servers who touched their patrons while giving change or a bill, received significantly bigger tips.

    4. Under-promise, over deliver

    You should always be looking for ways to add more value to your products and services without increasing the cost. Give your customers more than they expect. If you tell them their order will be ready in two weeks, complete it in one week and delivery it in person. Include a gift with your invoice; gift cards and gift certificates are a nice touch.

    5. Tell them how you resolved their issues

    No matter how hard we try, once in a while, we’ll get a customer who has a complain or a problem. My recommendation, don’t make excuses or place blame. Fix the problem promptly and tell your customers what you have done to solve their problem.

    6. Take a long-term view of your business

    Remember that a lost customer can mean hundreds, even thousands of dollars in future sales. Keep in mind the “life time value” of your customers and clients. When you are dealing with customer service issues, remember that research shows every upset customer will tell eleven other people about their experience with your business and those eleven will tell five more people.

    7. Communicate regularly with your current customers

    It’s been proven over and over again that staying in touch with your current customers is one of the best ways to encourage them to keep coming back to your business. Send them information about upcoming sales, new products, special promotions. Provide them with educational and informative information.

    8. Make your customers or clients feel special

    We all love it when people in our lives make us feel special. Your customers are no different. They want to feel like their business is valued and appreciated. Sincerely listening to their needs and desires can help you achieve this. Get to know your customers as people, not just a means to build your bank account.

    All of your customers are some other company’s potential

    Survive Your Current Job: Ten Ideas
    It’s easy to say it's only a job. And the monetary compensation of a job is certainly a means to an end. If this is not enough and you are stressed by one-too-many seemingly perplexing and frustrating moments at work, consider these possibilities.1. Make sure other areas of your life are fulfilling, e.g. family, social life, physical activity, spirituality, community, etc.When things aren't going well in more than one area of your life it
    hake your customers hands. If you’re working in a retail position, place the change in your customer’s hands; don’t just toss it on the counter. A study with waiters in a restaurant found that servers who touched their patrons while giving change or a bill, received significantly bigger tips.

    4. Under-promise, over deliver

    You should always be looking for ways to add more value to your products and services without increasing the cost. Give your customers more than they expect. If you tell them their order will be ready in two weeks, complete it in one week and delivery it in person. Include a gift with your invoice; gift cards and gift certificates are a nice touch.

    5. Tell them how you resolved their issues

    No matter how hard we try, once in a while, we’ll get a customer who has a complain or a problem. My recommendation, don’t make excuses or place blame. Fix the problem promptly and tell your customers what you have done to solve their problem.

    6. Take a long-term view of your business

    Remember that a lost customer can mean hundreds, even thousands of dollars in future sales. Keep in mind the “life time value” of your customers and clients. When you are dealing with customer service issues, remember that research shows every upset customer will tell eleven other people about their experience with your business and those eleven will tell five more people.

    7. Communicate regularly with your current customers

    It’s been proven over and over again that staying in touch with your current customers is one of the best ways to encourage them to keep coming back to your business. Send them information about upcoming sales, new products, special promotions. Provide them with educational and informative information.

    8. Make your customers or clients feel special

    We all love it when people in our lives make us feel special. Your customers are no different. They want to feel like their business is valued and appreciated. Sincerely listening to their needs and desires can help you achieve this. Get to know your customers as people, not just a means to build your bank account.

    All of your customers are some other company’s potential

    Career Choices; Employment or Owning Your Own Business
    Does it make sense to be employed by someone else during your entire career? Some say it does and there are many people who make quite a large salary and enjoy some super benefits indeed. But for others they want more in the way of challenge and they wish to call the shots and chart their own destiny even if when it is all said and done they make less money over all and end up working harder to do it.Of course the great thing about owning a business is you can get filth
    >No matter how hard we try, once in a while, we’ll get a customer who has a complain or a problem. My recommendation, don’t make excuses or place blame. Fix the problem promptly and tell your customers what you have done to solve their problem.

    6. Take a long-term view of your business

    Remember that a lost customer can mean hundreds, even thousands of dollars in future sales. Keep in mind the “life time value” of your customers and clients. When you are dealing with customer service issues, remember that research shows every upset customer will tell eleven other people about their experience with your business and those eleven will tell five more people.

    7. Communicate regularly with your current customers

    It’s been proven over and over again that staying in touch with your current customers is one of the best ways to encourage them to keep coming back to your business. Send them information about upcoming sales, new products, special promotions. Provide them with educational and informative information.

    8. Make your customers or clients feel special

    We all love it when people in our lives make us feel special. Your customers are no different. They want to feel like their business is valued and appreciated. Sincerely listening to their needs and desires can help you achieve this. Get to know your customers as people, not just a means to build your bank account.

    All of your customers are some other company’s potential

    Passing The Police Test Just Became Easier
    You've taken the police officer selection test or law enforcement entrance exam, but just can't seem to get a high enough passing score. You know you would be a good police officer if you could overcome that first hurdle. Well, your not alone. Thousands of police officer applicants fail the entrance exam every year, but that’s now a thing of the past. Introducing PoliceQuiz.com.PoliceQuiz offers police test preparation for thousands of cities and towns throughout th
    t’s been proven over and over again that staying in touch with your current customers is one of the best ways to encourage them to keep coming back to your business. Send them information about upcoming sales, new products, special promotions. Provide them with educational and informative information.

    8. Make your customers or clients feel special

    We all love it when people in our lives make us feel special. Your customers are no different. They want to feel like their business is valued and appreciated. Sincerely listening to their needs and desires can help you achieve this. Get to know your customers as people, not just a means to build your bank account.

    All of your customers are some other company’s potential customers. This kind of customer focus attitude will go very far to help you hang on to your existing customers and increase your repeat sales.

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