We get it, there's some level of intelligence associated with paying the most attention to your loyal, returning customers. Those customers are worth more, and it's easier to sell to them. Despite this, though, you don't ruin returning clients by neglecting the clients that are coming to your company for the first time. If you do this, customers will catch on. If they feel like you're playing favorites with your more established customers, they are simply going to leave.
With this in mind, focus on customer service. 84% of customers say that salespeople don't share enough information with them and that this causes frustration which makes them want to take their business elsewhere. Once this happens, you're in a deep, deep hole. It takes an average of 12 positive customer service experiences to make up for a single negative experience.
With these things in mind, it's clear that you've got to start treating all your customers equally. Instead of rewarding loyal clients for expected Behavior, start focusing on nurturing new clients, as well. When you pay your full attention to both pursuits, you have a better chance of creating a more balanced client base.
Customers love convenience. When you make working with your company inconvenient, it's not going to fly. In an age where Amazon rules everything, virtually everything can be had within 2 days, and for free.
Customers or shopping online more than ever before and it's clear that offering an inconvenient or clunky sales process will just earn your abandonment. With this in mind, focus on making your buyer's journey as simple and streamlined as possible.
If you can look at your pipeline and identify where you're losing customers, you'll be able to find a way to resolve the pain point and retain business. Additional elements, like a mobile app, or online payment processing will go a long way toward making your shopping experience more streamlined as well.
If you work in retail, it's likely that you still have some checkout counter somewhere. Well, these checkout counters can be fantastic because they allow you an opportunity to interact face-to-face with your customers and create a real relationship, they can also be a serious liability.
Today, 86% of customers will leave it a store if the line to checkout is too long. With this in mind, it's time to start asking if you have developed a line management system for your retail business.
If you haven't, now is the time to start thinking about why, and how to build one. The answer may lie in building more check-out stations, hiring more staff, or utilizing a technological waiting line management system, which can also be helpful.
Customers today get bored. Who can blame them? There's so much to look at in today's retail environment. Modern customers have the option of choosing from countless companies, countless products, countless marketing schemes, countless checkout options, and more. There are dozens of ways for them to get the things they want.
Because of this, your company can either innovate or sink. If you are offering customers the same old products, goods, and services they're used to, and you're finding that you're experiencing a lot of churn regardless, the answer might be that you're not innovating enough. Innovation isn't something that you can Plateau on. It requires constant maintenance and a close attention to detail. Once you've done it once, you need to keep redoing it, adjusting it to your customers, and ensuring its scaling with your business. The process goes on forever. To ensure that innovation is as efficient and targeted as possible, identify a couple of common pain points in your business. Next get your team to put their heads together to find new ways to route around the issue and provide better service for both employees and customers.
Nobody wants to hear this, but sometimes customers leave because your competition offers a better product good or service. In this case, it's time to put your feelings and offensiveness aside, and figure out what action you can take as a result.
While every founder wants to think of their company as the best on the block, this isn't always true. The great news is that you can use this as a lesson. What is your competition doing that you're not? How can you mimic or improve upon their offerings?
Are they paying attention to customers in a way that you are not, but should be? Thinking about all of these things won't make you any weaker as a company, it will only improve your offerings and make you more aware of your surroundings. If you're not sure what your consumers like about your competition.
Consider sending out an email survey to past customers. The feedback might be hard to read, but it will certainly be illuminating.
Dr Sam is a National Board Certified Doctor of Chiropractic and a Longtime resident of Northeast Arkansas. He graduated from Logan College of Chiropractic in 1995 and moved back to Jonesboro to serve the community in both his clinic and by becoming a community activist. He is deeply involved in the Jonesboro Lions Club and with the Jonesboro Chamber of Commerce Community Outreach Program. Dr Sam specializes in helping his patients treat their headaches and low back pain through the use of Chiropractic care as well as home management.


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