| Add You |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Small Business > Customer Loyalty Means Bigger Profits – 5 Tips For Repeat Business |
|
Add You - Customer Loyalty Means Bigger Profits – 5 Tips For Repeat Business
Mastering the Job Interview - 5 Tips to Make Yourself Irresistible to the Interviewer gained all of its clients from word-of-mouth advertising. The owner said that the quality of their work was no better than other firms'. How did they do it? The secret of their success was their scheduling method which allowed their employees to always be on time. Word got around very quickly.So you've figured out, more or less what you want to do and where the opportunities are. Now; you have been called for an interview. Here are five steps for interview success for students and graduates:1. Prepare, prepare, prepare.Thoroughly research each employer you pursue. It is not enough just to show up for the interviews and hope for the best.Take the time to research and understand the company and the person who is giving the interview. Students should approach their answers from the perspective of the person who is doing the hiring. What would that person be looking for if the roles were reversed? Job seekers need to plan their responses so they cover key information about what they can bring to the job, and then rehearse out l It's very simple: turn up when you say you will. If you are going to be delayed, have the courtesy to call BEFORE you're late. Allow the customer to make a choice of whether they'll wait for you or reschedule. If you tell your customer their goods will be delivered by Friday, make sure they are. On the other hand, if you find you're running ahead of schedule, call first. Your cust Job Search Tip: Dump Your Resume! I always buy my fresh fruit and vegetables from a little corner market, even though it's right near a big supermarket that sells at cheaper prices.Dump your resume! And everything else your traditional job search stands for.Sounds sacrilegious, doesn’t it?Yet, the starting point of your successful job search is NOT your resume. Nor any other part of a traditional approach.You see, a traditional job search is passive at the very time when employers are looking for someone who can demonstrate they are proactive. It’s one of the many changes that’s occurred in the 21st Century. Employers today want to meet a candidate who* Understand the organization.* Can show how to make a difference.* Can demonstrate quantifiable contributions.* Isn’t afraid to ask for a job.* Knows how to cut a deal.From this you can see that the focal point of a job search Why am I a loyal customer despite the fact I have to pay more? It's because they remember my name each time I shop there, and if my bag is too heavy, they'll deliver it to my home. The big supermarket does none of these things. If that small business didn't look after their customers, they'd be forced to close their doors within a month. Repeat business is absolutely essential for their survival. It's essential for the survival of every small business. So as a small business owner, how do you make sure your customers become repeat customers? 1. Say “Thank you” It's so simple, so effective, and unfortunately so rare to be thanked when you purchase from a small business. We all like to feel special and so do your customers. I'm not talking about the mindless, 'Thank you shopping at the XYZ store' as you go through the check out. Be sincere and make your thanks specific. "Thank you for buying your weekend newspaper from us. Did you realise you've been coming in for a year now?" You can also send a thank you through the mail. Make it easy by having some cards printed up with your logo and contact details on one side, then hand write a thank you note on the other. Nobody does this anymore so it will have a high impact. 2. Send Reminders Any small business that provides a service or sells a product that can be upgraded can send out reminder notices. Here are a few examples:
3. Be Reliable This is such a basic rule, but it's surprising how few small business people get it right. I interviewed the owner of an award winning electrical firm that gained all of its clients from word-of-mouth advertising. The owner said that the quality of their work was no better than other firms'. How did they do it? The secret of their success was their scheduling method which allowed their employees to always be on time. Word got around very quickly. It's very simple: turn up when you say you will. If you are going to be delayed, have the courtesy to call BEFORE you're late. Allow the customer to make a choice of whether they'll wait for you or reschedule. If you tell your customer their goods will be delivered by Friday, make sure they are. On the other hand, if you find you're running ahead of schedule, call first. Your custo How To Self-Publish Your Own Books, Manuals epeat customers?You can make a lot of money by writing and self-publishing your own material, if you are willing to write books, manuals, reports or newsletters that millions of people across the United States, and throughout the world for that matter, desperately want to buy. Today, more than ever before, is the age of information.Twenty-four hours a day, seven days a week, there continues to be an incredible demand for information throughout America and the world. There is an astronomical demand for information packed books, manuals, reports and newsletters of almost every imaginable kind.It's really much easier than you might have ever guessed to start filling your bank account with cash from information you possess. People crave information that appeal 1. Say “Thank you” It's so simple, so effective, and unfortunately so rare to be thanked when you purchase from a small business. We all like to feel special and so do your customers. I'm not talking about the mindless, 'Thank you shopping at the XYZ store' as you go through the check out. Be sincere and make your thanks specific. "Thank you for buying your weekend newspaper from us. Did you realise you've been coming in for a year now?" You can also send a thank you through the mail. Make it easy by having some cards printed up with your logo and contact details on one side, then hand write a thank you note on the other. Nobody does this anymore so it will have a high impact. 2. Send Reminders Any small business that provides a service or sells a product that can be upgraded can send out reminder notices. Here are a few examples:
3. Be Reliable This is such a basic rule, but it's surprising how few small business people get it right. I interviewed the owner of an award winning electrical firm that gained all of its clients from word-of-mouth advertising. The owner said that the quality of their work was no better than other firms'. How did they do it? The secret of their success was their scheduling method which allowed their employees to always be on time. Word got around very quickly. It's very simple: turn up when you say you will. If you are going to be delayed, have the courtesy to call BEFORE you're late. Allow the customer to make a choice of whether they'll wait for you or reschedule. If you tell your customer their goods will be delivered by Friday, make sure they are. On the other hand, if you find you're running ahead of schedule, call first. Your cust Poor Performance - Fix it by Coaching ong> a thank you note on the other. Nobody does this anymore so it will have a high impact.Coaching is about finding out the cause of poor performance or behaviour and discussing with the team member how to put it right.The team member might respond immediately to coaching and improve the situation. However the improvement wont always be permanent and you may have to do further coaching.When I suggest this to some managers, they see it as some kind of touchy-feely softly-softly approach. Let me assure you right now - it's not! It's about telling the team member what part of their behaviour you're unhappy with, listening to what they have to say and agreeing a way forward.The goal is to achieve a change in behaviour that the team member is committed to and helps you achieve your outcomes.Coaching benefitsThi 2. Send Reminders Any small business that provides a service or sells a product that can be upgraded can send out reminder notices. Here are a few examples:
3. Be Reliable This is such a basic rule, but it's surprising how few small business people get it right. I interviewed the owner of an award winning electrical firm that gained all of its clients from word-of-mouth advertising. The owner said that the quality of their work was no better than other firms'. How did they do it? The secret of their success was their scheduling method which allowed their employees to always be on time. Word got around very quickly. It's very simple: turn up when you say you will. If you are going to be delayed, have the courtesy to call BEFORE you're late. Allow the customer to make a choice of whether they'll wait for you or reschedule. If you tell your customer their goods will be delivered by Friday, make sure they are. On the other hand, if you find you're running ahead of schedule, call first. Your cust Business Management and Charting Progress to upgrade to a newer version.Are you monitoring the results of your management team? Are you charting the progress of your organization? Are you paying attention to the organizational capital, which comes thru working thru crisis and achieving results?Can your management team cut the mustard? Does everyone put in 110% or do you have social parasites and too many ladder climbers who are completely self-absorbed? Have you ever considered this? When a mistake is made or the organizational management structure is breaking down are you able to turn that ship around or are you too busy stroking egos?Are there too many Alpha-Males in the group, who are so into being top dog that they fail to adhere to the mission statement and what is truly best for the company, employees, customer an 3. Be Reliable This is such a basic rule, but it's surprising how few small business people get it right. I interviewed the owner of an award winning electrical firm that gained all of its clients from word-of-mouth advertising. The owner said that the quality of their work was no better than other firms'. How did they do it? The secret of their success was their scheduling method which allowed their employees to always be on time. Word got around very quickly. It's very simple: turn up when you say you will. If you are going to be delayed, have the courtesy to call BEFORE you're late. Allow the customer to make a choice of whether they'll wait for you or reschedule. If you tell your customer their goods will be delivered by Friday, make sure they are. On the other hand, if you find you're running ahead of schedule, call first. Your cust Executives: Stress is Number One Productivity Issue gained all of its clients from word-of-mouth advertising. The owner said that the quality of their work was no better than other firms'. How did they do it? The secret of their success was their scheduling method which allowed their employees to always be on time. Word got around very quickly.Watson Wyatt Worldwide, a national business group with a focus on health, recently took a survey among 275 employers to find out the key issues affecting employee productivity.Their findings show the stress was identified by 72% of the employers as a key issue relative to productivity.Stress has been building in the workplace as employers find it increasingly necessary to have more work done by fewer employees. The result has been that employees have been asked to take on additional responsibilities, work longer hours, cross train with other departments, and do more multitasking.After stress in the survey, 59% said a key issue affecting employee productivity were personal and family issues. Personal and family issues include such items as day It's very simple: turn up when you say you will. If you are going to be delayed, have the courtesy to call BEFORE you're late. Allow the customer to make a choice of whether they'll wait for you or reschedule. If you tell your customer their goods will be delivered by Friday, make sure they are. On the other hand, if you find you're running ahead of schedule, call first. Your customer might not want the new office furniture you're delivering to clutter up the reception area if they're expecting a visit from an important client. It's almost too obvious to talk about returning calls and emails. Make a commitment to be reliable and your customers will buy from you again and again. 4. Reward the Gatekeepers By gatekeepers I mean the receptionists, secretaries and personal assistants who may or may not give you access to the boss. Years ago I worked for a big company as a personal assistant to the Managing Director. He used to be given all sorts of freebies from suppliers such fruit baskets, tickets to the opera and bottles of wine. One Christmas, David the owner of a training video company gave me a beautiful diary instead of giving it to my boss. After that, when David called, I always put him straight though to my boss and I'm sure this contributed to his company becoming our preferred training video producer. He upgraded to a BMW, all because of a diary. Gatekeepers are important for your business success. Look after them. 5. Don't Discount – Value Add Christine, who owns a day spa and massage therapy business that I write brochures and advertising copy for has a policy of never, ever discounting. There are seven other similar business close by, so competition for customers is fierce. Over the years we've seen a number of these businesses discounting to the point where they're barely able to make a profit. It doesn't take long before they're put up for sale. Discounting attracts customers who chase cheap massages. So how does Christine's business maintain a solid base of repeat customers who gladly pay full price? Value adding. She rewards her repeat customers with add-on services. For example, a loyal customer may receive a gift voucher that entitles them to a free 10 minute hand pamper with their next one hour massage. What's more, the customer often enjoys the extra treat so much that they're happy to pay for an add-on service next time. Remember my corner market? They don't even try to compete on price with the big supermarket. They value add by making home deliveries for their customers. Repeat Customers = Profitable Customers Have you ever worked out how much it costs you to gain a new customer? A rule of thumb is that attracting new customers costs you five times more than keeping your current customers. Focus on keeping your existing customers happy and loyal, and you'll save on expenses and increase your profits.
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Sales and the Law of Attraction Case Study - Seventh Generation is Focused on the Future
|