Casual Articles
#1 in Business Subscribe Email Print

You are here: Home > Business > Customer Service > Long Forgotten? Stir Old Accounts Back to Life

Tags

  • should
  • anytime
  • positive direction
  • contact these
  • letter asking

  • Links

  • South Florida Real Estate Bubble - Fact or Fiction?
  • Getting The Proper Laptop Screen Size
  • Pay Close Attention To The Lyrics Of Your Wedding Songs
  • Casual Articles - Long Forgotten? Stir Old Accounts Back to Life

    Tips To Succeed In Job Hunting
    Graduation should be a time for rejoicing because a person has finally got the degree he has aspired and worked hard for several years. However, the lack of employment opportunities has made graduation a moment of truth. Graduation is in fact the start of a person's quest for the best job he can find considering his educational attainment, talent and work experience.A person who wants to find a good job should not just sit around
    r> When accounts go quiet, don’t assume the customer is going away. They may be waiting, occupied with something else, or have simply forgotten where you are or how to reach you! One effort at reactivation can make the difference between a customer who comes once and disappears forever, and a customer who comes once, is invited back and stays with you forever.

    Action Steps
    --------------------------------------------------------------------------------
    Identify customers you have not heard from in a while, long enough to be considered dormant, decidedly dull or dead. Now create a simple process to contact these customers and tell them you want them back. Give them an in

    Demand for Internal Audit Jobs Still Rising
    According to Accountancy Magazine, investment banks, asset management firms and government agencies are hiring recently qualified graduates in high numbers, thanks to a shortage of qualified candidates for audit jobs. In fact, a July survey by the Association of Graduate Recruiters showed that the vacancy rate for internal audit jobs is at its highest since 1995, and audit recruitment firms are scrambling to find qualified applicants.
    An award-winning contractor in Savannah, Georgia (who also happens to be my award-winning brother) wrote:

    ‘In my business (home construction and remodeling), I have many accounts with different suppliers supporting the construction industry. Sometimes I use their services and then will not see them again for 8 to 12 months or whenever my next project requires. When I do return to order new supplies, some companies have let my account “run out”, and I have to apply for a new account with them all over again.

    ‘I ask why they don’t send a card letting me know that my account has become dormant, and is about to be closed? Perhaps they could offer me an incentive to return and make a purchase instead of just “letting me go”. After all, they already have me as a good customer, just not very frequent. I just thought this might be happening in other industries as well.’

    ***

    This is a great question, and a terrific point for anyone seeking to grow their business. Once a company has the benefit of receiving a customer’s business, it makes no sense to close the account simply because the customer has not ordered from you in a while...even a long while. Unless there is substantial cost to keeping an account open, you should allow the customer to return at anytime, and welcome them back with enthusiasm.

    Remember, once a customer has purchased from you, they will have become familiar with your products, your location, your ordering system and the way you do business. If they have opened an account, then additional time has been invested in completing paperwork and going through the new-account approval process. This person has now in vested time, energy and money in becoming your customer. Why in the world would you be in a hurry to close their account?

    Instead of closing the account, take my brother’s advice and move in a positive direction. Send dormant accounts a letter asking, ‘How are you? We haven’t heard from you in a while and we miss you!’ Provide an incentive, a discount or other special offer to get these customers back into your business. Put a reasonable expiration date on the offer to encourage prompt response. Let them know you want them back, and that you will appreciate and value their business.

    Note: If you must, tell customers their account will go on dormant status by a certain date. But also tell them that reactivating the account will be easy to do whenever they are ready.

    You will be amazed at the profitability of your efforts. Customers will be delighted by your show of concern, generosity and attention. Don’t assume your customers are ‘dead’. Stir them back to life!

    Key Learning Point
    --------------------------------------------------------------------------------
    When accounts go quiet, don’t assume the customer is going away. They may be waiting, occupied with something else, or have simply forgotten where you are or how to reach you! One effort at reactivation can make the difference between a customer who comes once and disappears forever, and a customer who comes once, is invited back and stays with you forever.

    Action Steps
    --------------------------------------------------------------------------------
    Identify customers you have not heard from in a while, long enough to be considered dormant, decidedly dull or dead. Now create a simple process to contact these customers and tell them you want them back. Give them an inc

    Why Video & Web Conferencing Are Heading Towards Mass Acceptance
    The time is right for video and web conferencing to take off. While online conferencing is still seen as a technological novelty by some people, more and more businesses of all sizes are finding it be the solution to doing business and communicating with prospects, clients, employees and branch offices in an era of rising transport costs. Let’s take a look at some of the factors that are bringing web and video conferencing to a very wide
    e a purchase instead of just “letting me go”. After all, they already have me as a good customer, just not very frequent. I just thought this might be happening in other industries as well.’

    ***

    This is a great question, and a terrific point for anyone seeking to grow their business. Once a company has the benefit of receiving a customer’s business, it makes no sense to close the account simply because the customer has not ordered from you in a while...even a long while. Unless there is substantial cost to keeping an account open, you should allow the customer to return at anytime, and welcome them back with enthusiasm.

    Remember, once a customer has purchased from you, they will have become familiar with your products, your location, your ordering system and the way you do business. If they have opened an account, then additional time has been invested in completing paperwork and going through the new-account approval process. This person has now in vested time, energy and money in becoming your customer. Why in the world would you be in a hurry to close their account?

    Instead of closing the account, take my brother’s advice and move in a positive direction. Send dormant accounts a letter asking, ‘How are you? We haven’t heard from you in a while and we miss you!’ Provide an incentive, a discount or other special offer to get these customers back into your business. Put a reasonable expiration date on the offer to encourage prompt response. Let them know you want them back, and that you will appreciate and value their business.

    Note: If you must, tell customers their account will go on dormant status by a certain date. But also tell them that reactivating the account will be easy to do whenever they are ready.

    You will be amazed at the profitability of your efforts. Customers will be delighted by your show of concern, generosity and attention. Don’t assume your customers are ‘dead’. Stir them back to life!

    Key Learning Point
    --------------------------------------------------------------------------------
    When accounts go quiet, don’t assume the customer is going away. They may be waiting, occupied with something else, or have simply forgotten where you are or how to reach you! One effort at reactivation can make the difference between a customer who comes once and disappears forever, and a customer who comes once, is invited back and stays with you forever.

    Action Steps
    --------------------------------------------------------------------------------
    Identify customers you have not heard from in a while, long enough to be considered dormant, decidedly dull or dead. Now create a simple process to contact these customers and tell them you want them back. Give them an in

    Why Consider Online Job Sites?
    Why should you consider using online job sites to help you to find a job? Shouldn’t you spend hours over the Sunday newspaper looking through the wanted ads? Today, in the busy and hectic lives that we live, searching for a new job or finding a great new position is not easy and it is time consuming. But, look at it from the view of those businesses that are posting those job opportunities. It is easier, more time effective, and les
    they will have become familiar with your products, your location, your ordering system and the way you do business. If they have opened an account, then additional time has been invested in completing paperwork and going through the new-account approval process. This person has now in vested time, energy and money in becoming your customer. Why in the world would you be in a hurry to close their account?

    Instead of closing the account, take my brother’s advice and move in a positive direction. Send dormant accounts a letter asking, ‘How are you? We haven’t heard from you in a while and we miss you!’ Provide an incentive, a discount or other special offer to get these customers back into your business. Put a reasonable expiration date on the offer to encourage prompt response. Let them know you want them back, and that you will appreciate and value their business.

    Note: If you must, tell customers their account will go on dormant status by a certain date. But also tell them that reactivating the account will be easy to do whenever they are ready.

    You will be amazed at the profitability of your efforts. Customers will be delighted by your show of concern, generosity and attention. Don’t assume your customers are ‘dead’. Stir them back to life!

    Key Learning Point
    --------------------------------------------------------------------------------
    When accounts go quiet, don’t assume the customer is going away. They may be waiting, occupied with something else, or have simply forgotten where you are or how to reach you! One effort at reactivation can make the difference between a customer who comes once and disappears forever, and a customer who comes once, is invited back and stays with you forever.

    Action Steps
    --------------------------------------------------------------------------------
    Identify customers you have not heard from in a while, long enough to be considered dormant, decidedly dull or dead. Now create a simple process to contact these customers and tell them you want them back. Give them an in

    Turn to Success With Best Jobs In Chennai
    Chennai is writing a new script for its heated Job Scenario. It is not just because of the IT Job flood in Chennai, but equally Accounting Jobs, Engineering Jobs, BPO Jobs, Graphic Designer jobs etc… are creating a new history for the city.The city has become a distinguished center for job opportunities in Southern India. The city has best opportunities in all sectors. To highlight the eminent organizations from varied sectors hiri
    into your business. Put a reasonable expiration date on the offer to encourage prompt response. Let them know you want them back, and that you will appreciate and value their business.

    Note: If you must, tell customers their account will go on dormant status by a certain date. But also tell them that reactivating the account will be easy to do whenever they are ready.

    You will be amazed at the profitability of your efforts. Customers will be delighted by your show of concern, generosity and attention. Don’t assume your customers are ‘dead’. Stir them back to life!

    Key Learning Point
    --------------------------------------------------------------------------------
    When accounts go quiet, don’t assume the customer is going away. They may be waiting, occupied with something else, or have simply forgotten where you are or how to reach you! One effort at reactivation can make the difference between a customer who comes once and disappears forever, and a customer who comes once, is invited back and stays with you forever.

    Action Steps
    --------------------------------------------------------------------------------
    Identify customers you have not heard from in a while, long enough to be considered dormant, decidedly dull or dead. Now create a simple process to contact these customers and tell them you want them back. Give them an in

    Mergers and Acquisitions Reports
    Merger and acquisition reports help companies to track the growth and consolidations of their competitors, prospects, and potential business partners. These reports contain transaction facts and information, which may not be found easily otherwise and can thus benefit companies, which need such information. Merger and acquisition reports also help in monitoring current market prices and terms so that a company's market knowledge and compe
    r> When accounts go quiet, don’t assume the customer is going away. They may be waiting, occupied with something else, or have simply forgotten where you are or how to reach you! One effort at reactivation can make the difference between a customer who comes once and disappears forever, and a customer who comes once, is invited back and stays with you forever.

    Action Steps
    --------------------------------------------------------------------------------
    Identify customers you have not heard from in a while, long enough to be considered dormant, decidedly dull or dead. Now create a simple process to contact these customers and tell them you want them back. Give them an incentive to do business with you in the very near future.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.casualarticles.com/article/14955/casualarticles-Long-Forgotten-Stir-Old-Accounts-Back-to-Life.html">Long Forgotten? Stir Old Accounts Back to Life</a>

    BB link (for phorums):
    [url=http://www.casualarticles.com/article/14955/casualarticles-Long-Forgotten-Stir-Old-Accounts-Back-to-Life.html]Long Forgotten? Stir Old Accounts Back to Life[/url]

    Related Articles:

    Biometric Time Clock Training

    Reverse Merger; One of Several Options

    Paralegals - Top Organizations You Need To Know

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com