in a business world where customer acquisition costs are sky
TRANSCRIPT
In a business world where customer acquisition costs are sky-rocketing, small and
medium businesses must focus on building a customer experience to increase customer satisfaction.
Here are nine game-changing ideas to help you on your way:
1. Treat your customers like they are your boss
Jeffery Gitomer speaks about how your customer is your paycheck. With no customers,
there’s nobody to pay you! By taking this approach to every customer interaction you
can naturally flip the angle on customer service.
Picture yourself as the boss… if your employee treated every customer the way they
treated you, how good would the service be!
Here are some of the approaches I recommend businesses use:
Thank all your customers for their business
Go out your way to help customers
Try to impress your customers as if you want a pay raise
Think about your paycheck every time you talk to a customer
Keep your promises and integrity
Read more: 5 ways to treat customers like the boss
2. Focus on measuring customer satisfaction
Did you know that 91% of your unhappy customers will never purchase services from
you again? Measuring customer satisfaction can help you reduce the number of
unhappy customers.
So how do you measure customer satisfaction?
Use one of these four Online Survey Tools Focus on these Customer Satisfaction Metrics Use customer support tools with ticket systems (Zendesk, Desk.com or
Helpscout)
Read more: 3 ways to measure customer satisfaction
3. Build customer loyalty to increase customer satisfaction
Customer satisfaction is worthless. Customer loyalty is priceless.
- Jeffrey Gitomer
Jeffery talks strongly about customer loyalty and it’s relationship with customer
satisfaction in his book, Customer Satisfaction is Worthless, Customer Loyalty is Priceless. He believes that businesses should be focuses their efforts on creating loyal
customers, that sticky and not easily influenced by competitors.
I agree with Jeffery and have included my five favorite ways to build customer loyalty to
increase customer satisfaction:
Remember special occasions like birthdays
Strive to empower and educate customers
Invest in a self-service support channel
Top level managers must lead from the front with customer service
Talk to your customers, tap into what they want and deliver
Read more: 18 ways to build customer loyalty
4. Avoid making these customer retention mistakes
No business is immune to unhappy customers. In fact, even companies with the best
customer service in the world will still lose up to 9% of their customers to competitors.
The good news is you can do something to stop customers defecting. Here are three
common customer retention mistakes that are killing your customer satisfaction:
You are ignoring customer feedback
You are taking customer feedback to personally
You are using long, boring customer feedback surveys
Read more: 12 customer retention mistakes that are hurting your business
5. Set customer expectations early
Setting expectations too high is a common mistake a lot of businesses (and
salespeople)make when bringing on new business. How many times has your sales guy
made ridiculous promises to push a deal over the line?
If you’re like most businesses, you’ve probably had the odd wild over promising
salesperson.
For those who still have these wild ones, my advice – get them in line! They are killing
your customer satisfaction by setting expectations too high!
Gordon Tan, Director of Client Heartbeat, recommends under promising and over
delivering.
There’s no better feeling than as a customer to have your expectations exceeded.
Read more: How to set and meet customer expectations
6. Learn how to survey your customers the right way
A customer feedback survey is the best way to find out how satisfied your customers
are, find ways to improve your product or service, and identify customer advocates who
really love your product.
Gregory Ciotti, Marketing Strategist at HelpScout recommends using a customer
feedback survey that asks participants to rank (1-10) how likely they are to recommend
you. I agree with Gregory and also recommend keeping your survey to under 10
questions. A quick and relevant survey will help increase survey response rates.
Read more: The Ultimate Guide to Writing a Customer Feedback Questionnaire
7. Email is the best channel to increase customer satisfaction
59% of B2B marketers believe email marketing is still the most effective channel in
generating revenue.
If it’s so good for marketers, why don’t we use it more to increase customer
satisfaction?
That’s a good question, and I want to touch on three quick practical examples of
companies who are using email to increase customer satisfaction.
Mixpanel uses email to stay in contact with customers by sending through
follow up emails with links to resources, webinars and support sites.
Proflowers uses email to send personalized special offers to specific groups
of customers.
R&G Technologies uses email to send customer feedback surveys and track
customer satisfaction.
Read more: 8 ways to use email to improve customer satisfaction
8. Tap into social media to track and monitor customer satisfaction so you can keep your customers happy
It costs a company $234 every time they lose a customer. Can you afford to not be
monitoring and tracking customer satisfaction?
With your customers now using their mobile phones up to 150 times per day, it’s
important to recognize that they will turn to social media to leave their customer complaints.
Your job is to make sure you use social media monitoring tools to keep track of positive
and negative feedback, and resolve them accordingly.
In fact, social media provides a great opportunity to actually increase customer
satisfaction.
Here’s how you can do just that:
Use social media to monitor brand mentions and sentiment
Use social media as a customer support channel
Use social media to hold Q&A sessions with customers
Read more: 5 ways to use social media to increase customer satisfaction
9. Stats don’t lie, understand the importance of customer satisfaction
If my first eight ideas weren’t already enough, it’s worth reading about why I think customer service is the new marketing.
Here are three mind-blowing facts that should motivate you to start focusing on
increasing customer satisfaction.
According to Bain and Co., a 5% increase in customer retention can increase
a company’s profitability by 75%.
Gartner Group statistics tell us that 80% of your company’s future revenue will
come from just 20% of your existing customers.
Lee Resource Inc. found that attracting new customers will cost your company
five times more than keeping an existing customer