World of Customer Service | Customer Service Solutions, Inc. - Page 22

Home  /  How Fast are Your Customers Churning?  /  World of Customer Service

Don’t Turn the Customer into the QA Department - 6/10/25


Roberta received a form with information filled in by the company after her conversation with the account rep.  Roberta just needed to review the information, fill in some of the blanks, sign it, and resend it in order to set up a new account. She noticed that the effective date Read more

Imitate to Improve - 6/3/25


Oscar Wilde said that “Imitation is the sincerest form of flattery.”  Now this doesn’t mean that plagiarism is the sincerest form of flattery.  Nor does it mean that great impersonators such as Rich Little, Dana Carvey, or Frank Caliendo are always offering flattering portrayals of those that they imitate. Wilde’s Read more

How the Customer Perceives a Truth as a Lie - 5/27/25


You’re the customer, you’re asking about an unused item that you’re returning, and you hear the employee say: “The refund process takes 7-10 days.”  You’re thinking: “Great!  I can get the refund check as early as a week from today!”  The reality is that the company means that they’ll Read more

Tell Customers What’s Next - 5/20/25


In most businesses that have been around for a while, how a process was originally designed is not how it currently operates.  Sometimes this change is referred to as “practical drift,” where the actual process moves further and further away from the documented steps over time.  Maybe the changes Read more

Questions to Guide You to Empathy - 5/13/25


“If I was him, I would do ABC…” If you’ve ever heard somebody say this - whether it’s a friend or acquaintance, whether it’s some TV reporter or podcaster - you may get as frustrated or as annoyed as I do. I get annoyed because we are not that other person. Read more

Negate the Nervousness - 5/6/25


The customer needed a loan, so he walked into the bank, but he was a little nervous.  He knew that launching his business would be easier if he had some working capital, but that’s about all he knew.  He was anxious because he didn’t know what to expect in Read more

Don’t Rush to Resolve Quickly - 4/29/25


The customer is angry, so you use the CSS LEAD technique as designed.  You, listen, empathize, accept responsibility, and deliver on a remedy.  But it doesn’t work.  The customer is still upset, and maybe even a little more frustrated than when you started…why?! If the use of this technique fails, Read more

Energy v. Apathy - 4/22/25


I asked a couple friends who are much more scientifically-oriented the question: What is energy?  I didn’t mean E=MC2.  I meant physiologically, what is energy? They described a lot of things that sounded really good, yet far too advanced for my non-medical mind. Part of the reason why energy is of Read more

Prep Enough to Personalize - 4/15/25


Everybody loves Howie.  He is an account rep for the local air conditioning and heating company.  When I say Everybody loves Howie, I’m definitely talking about the customers.  His co-workers love him too, but customers are especially fond of him.  They seem to really enjoy their conversations with him, Read more

Get Your Customers to Brag, Not Bolt - 4/8/25


Here are two customer retention concepts that we discuss with some sports clients: BIRG and CORF.  BIRG is Basking In Reflected Glory.  CORF is Cutting Off Reflected Failure. You want BIRG.  You want the customers feeling so good about your organization that they want to be a part of your Read more

•••••

How Fast are Your Customers Churning?

Posted on January 25, 2011 in Business Advice, World of Customer Service Please leave a comment

In the TMC.net article titled A Challenge for T-Mobile: Reducing Sky-High Customer Churn Rates, author Tracey Schelmetic discusses the high turnover rate of customers at T-Mobile and what the company is doing about it. Essentially, over 2% of customers leave their long-term contracts monthly, or about 25% per year. To address that, the organization is going to make several changes – the first of which is tying executive compensation to customer turnover.

So this article begs the question for every company – what is your customer churn rate? I know every business has a Profit & Loss statement that shows top line revenues, but what percentage of the customers that produced those revenues last year are producing revenues for you this year? How much money did you lose last year that you have to backfill with new business this year?

Let’s just say it’s 25%. What is that in terms of dollars? How much effort has to be put into place by your Sales & Marketing forces to attract that level of dollars in new business – just to get you back to where you were last year?

Any business – large or small – needs to know their customer churn rate, their revenue loss. When you do, you begin to realize the true financial impact of customer retention. You begin to understand the importance of every interaction with customers. You begin to define how you can improve your bottom line by improving your customer service.

So how fast are your customers churning?

Read our New Book – “Ask Yourself…Am I GREAT at Customer Service?” http://www.amigreatat.com/

Interested in improving your company’s customer service? See more at our new website! http://www.cssamerica.com/


How I Gave Away $5,000 in Free Consulting…and Didn’t Even Know It

Posted on January 19, 2011 in Business Advice, World of Customer Service Please leave a comment

I was giving a speech to the Charlotte Chamber of Commerce last year to small business owners, and a client came to co-present with me. The focus of the talk was Driving Customer Retention and Growth, and I was there to talk strategy, and my client talked about how his organization implemented that strategy – how it worked.

After the meeting, many of those in attendance came up to me for a chat, and it was great hearing their stories and learning about some of the points they particularly liked, but one attendee made an especially big impression. He said to me “I feel like you just gave me $5,000 of free consulting!” He smiled, I smiled, we talked some more, and we both walked away happy.

Should I have been happy? It would have been nice, of course, to have been paid for the guidance provided, but that wasn’t the point. The point was that I wanted to share something of value. If they could take it and run on their own – then great! If they needed more outside support, I was there to help.

So yes, I was and should have been happy.

What’s the point to you?

Building and maintaining client relationships is not all about “What’s in it for me?” as the service provider. It’s about “What’s in it for the customer?” If our constant focus is how we can help our customers to have a great experience or for them to be successful, then what we decide to do changes. We become more concerned with learning about our customers, their needs, goals, and preferences. We become more concerned with their satisfaction. We become more concerned with offering something of value, even if it doesn’t obviously benefit us. We become more concerned with them than we are with ourselves.

And when the customer senses that caring and concern, they are more attracted to us, more loyal to us, and more willing to refer to us. Oh, and yes, I did get business as a result of that speech – from a different attendee.

So there’s a benefit to us by our focusing on them.

Find a way to give for the sake of giving, and you’ll be surprised what you receive back.

Read our New Book – “Ask Yourself…Am I GREAT at Customer Service?” http://www.amigreatat.com/

Interested in improving your company’s customer service? See more at our new website! http://www.cssamerica.com/


“I Don’t Have Customers”

Posted on January 14, 2011 in World of Customer Service Please leave a comment

The meeting was going well, with a great deal of interaction between the 150+ people in attendance. Everyone was engaged and interested in learning and improving. The focus of the presentation was the results of a recent Mystery Shopping project that assessed various aspects of the organization’s performance from the customer’s perspective. The evaluation provided insight into the company’s web design, its financial processes, its sales and service functions, and its telephone systems among many other aspects of performance.

When the floor was opened to questions, one of the attendees said the following: “Listen. I make products. Why are we talking about this? I don’t have any customers.”

A loud gasp rippled through the audience. An argument ensued over whether that attendee had customers, who paid for the products, and how important service really is to this company. That conversation was a wake-up call to the organization.

We shouldn’t take for granted that everyone understands customer service is important. Based on this story, are we really sure that everyone believes that they even have customers?! When we’re trying to promote customer service within our organization, or get additional funding to retain more customers, or request resources to be more responsive in our service delivery, we’re often met with the answer “No.” We make assumptions as to why we hear “No,” and our assumptions often suggest that “we’re not getting our respect” or others “are pets of the executives.”

But in reality, we need to take on the responsibility to truly find out WHY in order to figure out HOW to overcome these obstacles. Start with the basics – who do the executives consider to be their customers? Is it important to the decision-makers to keep customers? What do the decision-makers consider to be the reasons why customers leave? Do those executives feel that people stay with a business for the same reason they start with a business?

That last question alone is a major red flag to any organization. It implies that advertising and marketing brought this customer in, so advertising and marketing are what will keep this customer as well.

Before you wonder why service isn’t “King” at your organization, start with the basics.

Ask those in-charge “Who’s Your Customer?”

Read our New Book – “Ask Yourself…Am I GREAT at Customer Service?” http://www.amigreatat.com/

Interested in improving your company’s customer service? See more at our new website! http://www.cssamerica.com/


« Previous   1 2 ... 18 19 20 21 22 23 24 25 26 27 28 29   Next »