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No Recession for Customer Service

| posted by Donald Converse

The current economic conditions have created a growing concern among
many businesses, and also consumers. The specific causes for the
downturn have been attributed to everything from the way banks lend
money, to the weak U.S. dollar, consumer reluctance, or Mercury being
in retrograde. Whatever the reason, good business practices and
maintaining good relationships with customers by skilled customer
service professionals are keys to thriving in growth cycles and
surviving during slow periods too.

With help from San Diego's
North Island Credit Union, here are some tips for businesses that wish
to enhance their chances for long-term success, even in an economic
recession. They suggest that you do these five customer-related things
well:

  1. Be Different.   Krispy
    Kreme makes millions of doughnuts daily, yet, they have two small
    differences from other doughnut chains - First, they replaced walls
    with glass so children and parents alike could be amazed by the
    automated doughnut production. Second, every customer is welcomed with
    a free, fresh doughnut hot off the line!
  2. Nuture Sales.   80%
    of your business comes from 20% of your customers. Find ways to thank
    customers all year. Personal notes or emails are good, or introducing
    frequent buyer and referral incentives.
  3. Create Sizzle.   Avoid
    peaks and valleys caused by too much focus on the day-to-day business.
    Embrace a marketing plan that combines strategic and frequent
    advertising buys with ongoing public relations, special events, direct
    mail and email promos.
  4. Stick to It.   Define
    specific actions for each week. Qualify potential customers.
    Communicate value. Refine your offerings and keep building
    relationships.
  5. Be Prepared.   Keep
    good records and perform against the plan that enabled you to secure
    your first business loans. Include a data base of customers so you do
    not lose touch with your greatest source of income - the all important
    20% group.

Even in tougher times, the customer is still King and Queen.

D.C.

Comments | 4

February 19, 2008 at 8:54pm

Merckh Fernandez

This is really true and very inspiring even in tough times. Crisis is not always the end of the business cycle. Applying these 5 points would surely create some excitement in the business. Anyway, it's all about conditioning out there and be very good with it. Of course, attitude is one key element in every success. Nothing really beats knowing customers personally and address their concerns, making them feel important. Any business is not just about Sales or bottomline but it should be a relationship to begin with. Of course, a better one. Then, profits follow as the relationship continues to blossom.

February 20, 2008 at 1:54am

Donald Converse

True Merckh. I always preach a Customer Service Attitude as a key part to great customer service. Great comments. Thanks.

Don

February 20, 2008 at 10:35pm

Merckh Fernandez

Hi Don. Thank you also for the great article. After reading at, it made me ponder and came up with my own definition of customer service and I came to realize it is an intangible asset that is worth more than the organization's net worth, that gets valuated every second unlike financial statements, that get audited at given periods in assessing profitability. Further, I conclude that customer service is a company's barometer for failure or success. And a lone employee that works 24 hours a day, 7 days a week, no vacation, no sick leaves. What would be your thoughts on this? Would you agree?

February 21, 2008 at 1:02am

Donald Converse

Merckh,

Hear, hear! Exactly. I will be submitting a new posting on just this subject today. "A company's barometer for failure or success" indeed! Look for the new post and thank you so much for your input.

D.C.

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