How do you keep your customers coming back for more? How do you keep them from straying towards your competitors? How can you understand what drives your customers behaviour?
Loyal customers will spend more of their money with your company, be more profitable for you than new customers, and best of all theyll tell others how fantastic you are, driving new customers your way.
Increasing customer loyalty is the Holy Grail for any company, ensuring a consistent stream of revenue and creating a reliable brand image.
So how can you ensure your casual customers become lifetime followers? This guide will illustrate the best techniques for keeping the customers coming back for more.
What Makes Your Customer Tick?
What are your customers drivers? What influences their purchasing decisions? Its more than just having satisfied customers, and it isnt all about price either. Youve got to aim for softer, more emotional drivers what really matters to your customers? By showing an interest and an understanding in what is important to your customers, you will be going the extra mile that other companies might not be willing to go.
Listen To What Your Customers Have To Say
Customer feedback should drive your business build your customer service from the bottom up and give your customers the kind of service that they expect to receive. Ensure that any complaints are fully investigated and all feedback is given consideration. It is your customers who are using your service, so they are best placed to decide if it is working as effectively as it should be.
Personalisation
Profile your customer based in a way that is meaningful to your business and communicate with your customers in a highly targeted, segmented way that is meaningful to them. Utilise all available ways of analysing your customer’s buying habits and target all communication to them at a personal level. Rather than just relying on a scattergun technique of throwing everything at them, a communications strategy that is unique to each customer will show that you are paying attention.
Brand Values
Be clear and concise about what you do, how do you do it, and what you stand for. Clarity will help customers who empathise with your brand values and identify you as a company to do business with. Brand values are extremely important and companies spend millions of pound in developing a strong brand that communicates these values. Be sure to use every possible means of communicating this message to your customers and bring your brand to their attention at every opportunity. Promotional gifts can help with this.
Quality
Once youve communicated what you do and secured a customer, you must deliver on your promise. If you do, you build trust and from trust comes loyalty. There’s no quick fix to ensuring customer loyalty. Instead it is a slow burning process of demonstrating that you provide quality products with excellent customer service. As you continue to deal with the customer this will evolve over time until you guarantee yourself a customer who will see you as their only source for a particular product or service.
With Christmas fast approaching it is also time to start thinking about business gifts. Business gifts can be an effective way of thanking customers for their continued loyalty and show them that their custom is not taken for granted. Business gifts aren’t just for Christmas however, and there are other occasions where you might want to send them a special something. Company anniversaries, for example, can be an even more fitting time to send business gifts as it shows that the awarding company is taking an active interest in their affairs. Occasions that are important to companies are a fantastic time to award business gifts, creating a lasting positive impression.
Alan writes articles on issues surrounding the business gifts industry for The Business Gifts Company.
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