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Answering Service  

September 18, 2008
 
Build Lifetime Value With Your Customer
 
Too often in business we have short term pressures to make the month or make the quarter and often lose sight of who truly helps us in these tough times ... our customers. Without a solid customer base or better yet, a loyal customer base, making your numbers as a sales professional or manager is nearly impossible.

So, how do you navigate the tough waters ahead...winning over a customer and then keeping them for life? Sounds like a daunting task right? Actually, if you are focused on the customer every step of the way it's easier than you think and it's insurance in a down economy or spending cut backs, as you'll be the last thing cut if you were there for the customer during "good times". Being brilliant in providing superior customer service and focusing on their needs (not your short term needs) is the key to winning over and keeping that customer.

We've all heard the adage - it's easier to keep a customer than to find new ones...yet all too often many businesses spend a disproportionate amount of time and resources to get new clients, and take existing ones for granted. Remember -- business and customers are fluid, needs are constantly changing, they are navigating a changing economy just as you are -- so don't take for granted they will always be there. You must be sure to stay one step ahead of your customer's needs and anticipate change.

Suggestions for managing your customer base and keeping them for life...Four critical suggestions you can implement right away to begin adding value to your customer relationships:

1. Get a superior customer relationship management system (CRM). These days there are more to choose from than ever. Don't invest in a CRM system and then let it sit on the shelf ... use it ... massage the info, and live it. Require everyone on your team to know it, use it and live by it - with no exceptions. The data and history provides a great roadmap as to the evolution of your relationship, and the more information you can acquire over time, the better equipped you are to stay close to your customer throughout the year.

2. Be in touch every thirty days or more. Things change, don't let your competition get inside your client relationship because you haven't been in contact.

3. Reward your loyal customers...give them a reason to keep coming back to you and show them you care. Special events, a newsletter, deals from other vendors that could save them money or improve profits - just do something special for your customer and make it memorable.

4. Build the relationship. E-mail doesn't count as a relationship...send hand written thank you notes - they'll stand out more than ever now, call your client on anniversaries, birthdays, etc. Make time to see you client - nothing beats face to face communication.

When times are more difficult, and business becomes more competitive and tougher, don't sacrifice the value of your customer relationships in any manner. Instead, build more, be more visible and help your customer. The rewards and dividends in this investment will return several times over.

Believe in this: Rule #1: The Customer is the most important asset you have. Rule #2: If you do not believe this, see #1.

Dan Austin is a seasoned sales management executive who posts an impressive track record of success in leading turn-around in sales organizations, building retained revenue and recruiting the best-of-the-best in a market. He is located in Upstate New York and is currently the leading executive for four radio stations in the Syracuse, NY market where he is again engaged in a turn-around. He started in the trenches and has grown from there, discovering the true value of customer relationships. He may be reached at: dbaustin@nycap.rr.com


 

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The Successful Office Group is a national call center and answering service business hub. Our main office is located in Brooklyn NY, and we service clients around the world from this office as well as our divisions around the United States.  In need of a call center with appointment setting, message management, order taking and virtual office services call 800-716-5518

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