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Add You - Customer Satisfaction Rate - Excited About Yours?
MBA: The Master of Business Administration And Your Career eating angry customers! But it’s not a method for building long term, sustainable success. Customer satisfaction does not guarantee that your customers return again and again. Nor does it mean that your customers will tell other people about you and send you referrals. (Thus allowing you to stop working so hard on chasing down new customers.)Holding an MBA (Master of Business Administration) degree used to be a virtual guarantee of a good job and high paying salary.While the benefits of holding an MBA don't necessarily guarantee that you'll get a better job and more money anymore, holding the designation can certainly help you in more ways than one.I graduated from an undergraduate business program and found myself in the same classroom as MBA students during my senior year. We essentially took some of the same classes and I got to see firsthand how MBA classes operate.Generally, cl The only way to achieve guaranteed success is to develop loyal customers. A loyal customer thinks you are the BEST. You not only met her needs, you exceeded them. She felt good about doing business with you and can’t wait to tell the next five people she sees how fantastic your company is. A loyal customer recommends your business to everyone he knows, whether Careers In Sports Medicine You’ve probably seen or heard the Geico and Wachovia commercials touting their high customer satisfaction rates. Geico says it has a 97% customer satisfaction rate. Wachovia says it has the highest customer satisfaction ranking in its industry. At first glance, you might think that’s pretty impressive. But, let’s take a closer look at what a satisfied customer really is and then decide if you should celebrate such an accomplishment. (Please note I do not have any personal vendettas against either Geico or Wachovia. I am not “picking on them.” They are just the first examples that came to my mind.)Sports medicine offers a challenging field of work varying from injury prevention to treatment and recovery. In addition to the many medical career choices, there are many developing fields of alternative sports therapy.When a player suddenly faints and falls while playing, there are a few people that try to revive him or put him on a stretcher and take him off the field. This job is little known by spectators. Among the group could be a doctor, a fitness instructor, or an orthopedist. All are branches of the same stream of medicine, known as sports medicine.In the world Remember when you were in school and report cards came out? How did you feel when you saw a bunch of "Cs" on that evaluation? If you were an over-achiever like I was, you weren’t jumping up and down about those grades. (Unless of course we’re talking about chemistry. Then a "C" was an extremely joyous occasion!) In academia, a "C" is a satisfactory grade. It means you passed. But you weren’t any better than average. If you’re okay with just being average, STOP READING NOW. The rest of this article is not for you. However, if you have any desire to become an A student, read on. What is a satisfied customer? One who got what she expected. One who got what he paid for. How do you create a satisfied customer? You provide what you say you’re going to provide. Now, I realize that especially in South Florida, getting exactly what you pay for and what you expect is an unusual cause for celebration. In reality, it is a simple business transaction. Your business fills a need at a fair price and your customer goes away happy. That’s the basis of doing business. There’s nothing special or exciting about this process. Think about how many satisfactory transactions you’ve been involved in this week. For example, I stopped to fill up my gas tank, I bought a baby gift for a business associate and I picked up lunch at a sandwich caf?. In all of those transactions, I got what I paid for, no more and no less. I’m a satisfied customer – but enough about me. If you were the vendor with whom I chose to do business, don’t get too excited about my satisfaction. Next week when my car needs gas, I may go back to that same station, if it still has the cheapest price and I’m nearby. Next time I need a gift, maybe I’ll check out a different store. Tomorrow for lunch, perhaps I’ll change my mind about where to eat. WHAT? You ask. You said you were satisfied. That’s right, I was. A satisfied customer may or may not come back and do business with you again. You didn’t do anything remarkable. You didn’t make me feel special. You didn’t give me a strong reason to want to return and drag a bunch of friends with me. Therein lies the key to why customer satisfaction is not a celebratory achievement. Yes, it’s far better than creating angry customers! But it’s not a method for building long term, sustainable success. Customer satisfaction does not guarantee that your customers return again and again. Nor does it mean that your customers will tell other people about you and send you referrals. (Thus allowing you to stop working so hard on chasing down new customers.) The only way to achieve guaranteed success is to develop loyal customers. A loyal customer thinks you are the BEST. You not only met her needs, you exceeded them. She felt good about doing business with you and can’t wait to tell the next five people she sees how fantastic your company is. A loyal customer recommends your business to everyone he knows, whether t It's Not What You Know, It's Who You Know: Truth or Rumor? Cs" on that evaluation? If you were an over-achiever like I was, you weren’t jumping up and down about those grades. (Unless of course we’re talking about chemistry. Then a "C" was an extremely joyous occasion!) In academia, a "C" is a satisfactory grade. It means you passed. But you weren’t any better than average.It’s all about who you know, not what you know.How many times have you heard this phrase?In other words, the rumor is that if you don’t know the right people, you can’t get anywhere.Don’t buy into this rumor.Sure, there might be instances where you have to know the right person to get your foot in the door and there are certainly times when knowing someone might be the only way you can get hired with a particular company.Certainly there are instances where a new manager gets rid of existing staff and brings “their own people” (ie. their friends) If you’re okay with just being average, STOP READING NOW. The rest of this article is not for you. However, if you have any desire to become an A student, read on. What is a satisfied customer? One who got what she expected. One who got what he paid for. How do you create a satisfied customer? You provide what you say you’re going to provide. Now, I realize that especially in South Florida, getting exactly what you pay for and what you expect is an unusual cause for celebration. In reality, it is a simple business transaction. Your business fills a need at a fair price and your customer goes away happy. That’s the basis of doing business. There’s nothing special or exciting about this process. Think about how many satisfactory transactions you’ve been involved in this week. For example, I stopped to fill up my gas tank, I bought a baby gift for a business associate and I picked up lunch at a sandwich caf?. In all of those transactions, I got what I paid for, no more and no less. I’m a satisfied customer – but enough about me. If you were the vendor with whom I chose to do business, don’t get too excited about my satisfaction. Next week when my car needs gas, I may go back to that same station, if it still has the cheapest price and I’m nearby. Next time I need a gift, maybe I’ll check out a different store. Tomorrow for lunch, perhaps I’ll change my mind about where to eat. WHAT? You ask. You said you were satisfied. That’s right, I was. A satisfied customer may or may not come back and do business with you again. You didn’t do anything remarkable. You didn’t make me feel special. You didn’t give me a strong reason to want to return and drag a bunch of friends with me. Therein lies the key to why customer satisfaction is not a celebratory achievement. Yes, it’s far better than creating angry customers! But it’s not a method for building long term, sustainable success. Customer satisfaction does not guarantee that your customers return again and again. Nor does it mean that your customers will tell other people about you and send you referrals. (Thus allowing you to stop working so hard on chasing down new customers.) The only way to achieve guaranteed success is to develop loyal customers. A loyal customer thinks you are the BEST. You not only met her needs, you exceeded them. She felt good about doing business with you and can’t wait to tell the next five people she sees how fantastic your company is. A loyal customer recommends your business to everyone he knows, whether The Importance Of Keeping Your Office Clean Florida, getting exactly what you pay for and what you expect is an unusual cause for celebration. In reality, it is a simple business transaction. Your business fills a need at a fair price and your customer goes away happy. That’s the basis of doing business. There’s nothing special or exciting about this process.Most of us would never even consider eating our lunch in the bathroom, yet we do it all the time in our office. Recent studies show there are more germs in the average office than in the average bathroom! Perhaps that is a good indicator that keeping your office clean is really important.For most office employees, keeping their office clean isn’t something they really have time to make a priority. Can you imagine telling your manager that your report will be late because the germs and dust in your office need some attention? It's doubtful that your boss would appreciate that. Think about how many satisfactory transactions you’ve been involved in this week. For example, I stopped to fill up my gas tank, I bought a baby gift for a business associate and I picked up lunch at a sandwich caf?. In all of those transactions, I got what I paid for, no more and no less. I’m a satisfied customer – but enough about me. If you were the vendor with whom I chose to do business, don’t get too excited about my satisfaction. Next week when my car needs gas, I may go back to that same station, if it still has the cheapest price and I’m nearby. Next time I need a gift, maybe I’ll check out a different store. Tomorrow for lunch, perhaps I’ll change my mind about where to eat. WHAT? You ask. You said you were satisfied. That’s right, I was. A satisfied customer may or may not come back and do business with you again. You didn’t do anything remarkable. You didn’t make me feel special. You didn’t give me a strong reason to want to return and drag a bunch of friends with me. Therein lies the key to why customer satisfaction is not a celebratory achievement. Yes, it’s far better than creating angry customers! But it’s not a method for building long term, sustainable success. Customer satisfaction does not guarantee that your customers return again and again. Nor does it mean that your customers will tell other people about you and send you referrals. (Thus allowing you to stop working so hard on chasing down new customers.) The only way to achieve guaranteed success is to develop loyal customers. A loyal customer thinks you are the BEST. You not only met her needs, you exceeded them. She felt good about doing business with you and can’t wait to tell the next five people she sees how fantastic your company is. A loyal customer recommends your business to everyone he knows, whether India Invests $1 Billion in Global Trade Deal with Africa t too excited about my satisfaction.India has recently disclosed its plans to spend around $1 billion in a new global trade deal with Africa. Indian Ambassador Amarendra Khatua said that the agreement would consist of the improvement of the mining and oil facilities in Africa's Ivory Coast during the next 5 years. According to the official, his nation has sought to avail of the vast and abundant oil resources of the region through the Gulf of Guinea. Moreover, the Indian government has also considered about building new mining and energy facilities in the area. The new global trade deal would also serve to further fortify Next week when my car needs gas, I may go back to that same station, if it still has the cheapest price and I’m nearby. Next time I need a gift, maybe I’ll check out a different store. Tomorrow for lunch, perhaps I’ll change my mind about where to eat. WHAT? You ask. You said you were satisfied. That’s right, I was. A satisfied customer may or may not come back and do business with you again. You didn’t do anything remarkable. You didn’t make me feel special. You didn’t give me a strong reason to want to return and drag a bunch of friends with me. Therein lies the key to why customer satisfaction is not a celebratory achievement. Yes, it’s far better than creating angry customers! But it’s not a method for building long term, sustainable success. Customer satisfaction does not guarantee that your customers return again and again. Nor does it mean that your customers will tell other people about you and send you referrals. (Thus allowing you to stop working so hard on chasing down new customers.) The only way to achieve guaranteed success is to develop loyal customers. A loyal customer thinks you are the BEST. You not only met her needs, you exceeded them. She felt good about doing business with you and can’t wait to tell the next five people she sees how fantastic your company is. A loyal customer recommends your business to everyone he knows, whether Would the Big Four Lose One More? eating angry customers! But it’s not a method for building long term, sustainable success. Customer satisfaction does not guarantee that your customers return again and again. Nor does it mean that your customers will tell other people about you and send you referrals. (Thus allowing you to stop working so hard on chasing down new customers.)Eight becomes Six, Six becomes Five, Five becomes Four, Four becomes Three? Well, for those of you who are not well versed with the top four Accounting firms, this would sound like a Montessori school lesson.Big4.com-a website catering to Big4 alumni- receives periodic updates on the latest news and trends at the Big Four accounting firms. The present Big 4 firms were all a part of the previous Big 8. The Big 8 term reflected the extensive dominance of the eight largest accounting firms in the world. Mergers of regional accounting firms led to the birth of Big Eight.The Bi The only way to achieve guaranteed success is to develop loyal customers. A loyal customer thinks you are the BEST. You not only met her needs, you exceeded them. She felt good about doing business with you and can’t wait to tell the next five people she sees how fantastic your company is. A loyal customer recommends your business to everyone he knows, whether they need your service or not. And a loyal customer comes back to you every time he needs your service or product. To what businesses are you loyal? Do you have a dry cleaner who isn’t the closest to your house but who makes you feel like a valued friend every time you come in? There’s a restaurant we go to regularly because the food is really good, but that only creates a satisfied customer. On top of the delicious food, the servers are the same people who were there last month and last year, so they remember their customers. Consistency is always a good thing. Plus, the owner always comes around to the tables and chats with the diners. You get the feeling he really cares about having you as a customer. I’ve recommended it to countless people and it’s always the go-to restaurant when out of town guests come to visit. Now, that you know the difference between a satisfied customer and a loyal customer, you’ll find your expectations have been raised. See if you don’t get annoyed the next time you hear about a company with a 97% customer satisfaction rate. © 2006 Lori Saitz
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