customer satisfaction

Home  /  How Fast are Your Customers Churning?  /  customer satisfaction

How to Avoid “Groundhog Day” - 11/3/26


It’s Groundhog Day, where you’re living the same day over and over and over again. You have heard basically the same complaint from 4 different customers in the past week.  The bill is incorrect or confusing, and you’re having to spend a ton of time explaining things to the customer. You’ve Read more

Beware of Scary Telephone Customer Service - 10/27/26


As we near the Halloween holiday in the United States, it seems appropriate to discuss examples of scary customer service, particularly on the telephone.  Here are a few common issues that frustrate and annoy customers.  These are experiences to avoid delivering, and alternatives to adopt: The customer calls, describes their Read more

The Art of the Successful Script - 10/20/26


You’re the customer.  You go to the store, and they ask if you have a loyalty card.  You call the doctor’s office, and they ask for your birth date.   You walk up to the counter, and they ask if you found everything you were looking for. These are all valid Read more

The Key Building Block for Your Customer Relationship - 10/13/26


An automotive manufacturer gets supplies for their vehicles from all over the world.  They have arrangements, service level agreements, expectations for timing and quality of all the parts.  And when they gather all these supplies, they assemble the cars.  They test the cars.  Then they take pictures of those Read more

Be Flexible to Fill the Gaps - 10/6/26


The non-profit has the expected challenges.  There are only 3 people in the organization, yet, they have the same responsibilities of a larger company.  They have to do finance, sales, marketing; they deliver their services to the community, and they need to keep a pulse on what’s going on Read more

Is This Good Customer Service? - 9/29/26


A friend of mine reached out to me recently as she waited for the electrical technician to show up at her house to do some minor repairs.  She had never worked with this company before, but they sent a text about the tech who was soon to arrive. The message Read more

Ownership when Fixing Others’ Errors - 9/22/26


We were conducting training with a client recently, and one of the participants, Jackie, is in a role in his organization where he goes out to the customer site to investigate issues, address customer complaints, and fix problems.  While he’s at the site, he often gets an earful from Read more

Why “No” is So Important - 9/15/26


The employee told the caller: “I don’t think that is possible.” The customer eventually hung up, and redialed to ask a different employee the same question. The employee responded to the customer: “That’s probably not the best way to do it.”  Then, the customer kept asking question after question, arguing Read more

It’s Not “You,” It’s “I” - 9/8/26


During a business writing course that I took years ago, the instructor had us write an e-mail.  I can’t recall if it was written to a co-worker or customer, but after writing this e-mail, she had us count every “I” and “You.”  We talked about how we need to Read more

It Shouldn’t Make a Difference, But… - 9/1/26


We have this conversation with lots of our sports clients, but the principles apply across all different industries.  Too many service representatives view a conversation with a customer as a transaction.  Just get him off the phone as quickly as possible.  The customer is Joe Public, not Joseph Pendergrass.  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/


Is Patient Satisfaction More Important Than Clinical Care?

Posted on January 18, 2011 in Business Advice, Healthcare Please leave a comment

In the Healthcare Leaders Media article titled “Editor’s Note: Patient Satisfaction on the Rise,” a New England Journal of Medicine article is referenced since it noted that patients feel that the non-clinical experience is “twice as important as the hospital’s clinical reputation.” In other words, patients feel that the level of clinical care is less important than the other aspects of the experience such as customer service, communications, timeliness, processes, etc.

While I wasn’t surprised at the findings (we’ve discussed it on this blog previously), what is surprising is that the author seemed to say that this fact is actually a concern. He stated that healthcare organizations need to essentially educate the patients on healthcare quality so that they understand the greater importance of and distinctions of quality clinical care in comparison to the non-clinical experience.

Let’s look at this a different way. Let’s say that customers prefer Google over your search engine because it’s faster and easier than yours. But you feel that your search engine has prettier colors on the home page. So your approach is to educate Google customers that they need to view the colors on the home page as more important than the speed or ease of use of a search engine.

Huh?

Companies that want to retain customers will be metaphorically banging their heads against the walls if they strive to change what the customer feels is most important. The customer decides what they care about, what they feel is most important.

It’s then up to you and me to be as great as possible at delivering what the customer feels is important.

So is patient satisfaction more important than clinical care? The answer: Whatever the customer feels is most important is most important.

Don’t tell the customer what they care about isn’t that important. That’s an EASY way to lose a 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 ... 24 25 26 27 28 29 30 31 32 33 ... 53 54   Next »