Hello ALCP team,
I really miss you, please let us try find out how to meet again and discuss about ALCP Alumni network agenda.
Let me give you this second part of my topic, and feel free to post any comment.
UNDERSTANDING CUSTOMER CARE
PART II
a. Focusing on your best customers
Some customers will be more important to your organization than others. Some who are important in the short term may not be so valuable in the long term. Identify your best prospects so that you can focus on serving them well in the future.
b. Defining best customers
Whether your customers are internal to your organization, outside individuals or companies, or representatives, some will be better prospects than others.
Your best customers are not necessarily the ones who bring you the greatest profit now, but those who will want more of your services in the future. It is far more cost effective to retain existing customers than attract new ones, so focus on customers who are likely to provide the best returns in the future.
Important:
Make a list of your top ten customers and talk to them frequently.
See that your team knows who their best customers are.
Keep in regular contact with your best customers.
c. Examining trends
Examining customers, who will be most important in the future, look at the underlying trends in your industry.
If for example, you are currently serve a customer in an industry that is in decline, consider changing the focus of your effort. You may also need to change your focus to cater for seasonal or fashion trends. An ice cream manufacturer who sells ice creams to children during the summer for example, might decide to sell frozen, desserts to adults in the winter. Change your focus before sales or revenue fall by anticipating, rather than reacting to, an economic trend. Look for signs of new trends and seek out new growth areas, then alter which customers you target on your products and services to meet this challenge.
Important:
Always ask your customers how their business is progressing.
Study the trade journals for each of your customer’s industry.
d. Retaining long-term customers
Selling more of your products or services to existing customers is far more cost-effective than selling to new prospects. It therefore makes sense to retain your best customers by anticipating new economic conditions and helping current customers to adapt them. Make sure that you are prepared to help your customers make the most of opportunities when new market open-up.
Help your customers succeed and you will succeed too.
Source: Successful Manager’s Handbook
Dr John Eaton and team, 2002