Thursday, January 14, 2021

How to Reach New Customers When You Can’t Meet Them in Person

As companies have transitioned to remote work and virtual meetings during the pandemic, one common piece of wisdom has emerged: It’s much easier to transition an existing relationship to video than it is to create new ones. That’s especially true in B2B sales. Many companies have coped with this by using this time to deepen relationships with existing customers. However, sales teams should not give up on finding new customers during this period, too.

Publisher: Harvard Business Review
Date: 2021-01-13T13:35:11Z
Twitter: @harvardbiz
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Retailers quietly tell customers they can keep unwanted items — and still get a refund

Amid a post-holiday wave of returns of gifts and other items purchased online, retailers are telling some customers to keep the unwanted goods while still giving back their money.

Amazon has long offered shoppers refunds on inexpensive or bulky items, like basic yoga mats and dog food, without requiring that they physically return the goods. Customers report getting refunds on all manner of low-cost items, such as napkin rings, baby bottle nipples, clocks and paperback books while still being allowed to keep the goods.

Publisher: WINK NEWS
Date: 2021-01-13T19:51:57-05:00
Twitter: @winknews
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4 Simple Ways Your Ecommerce Brand Can Better Serve Customers In 2021

Ecommerce customers typically don’t want to pick up the phone and make a call if they have a question about your products or your store in general. Many prefer more of a “self-service” approach that allows them to quickly resolve problems on their own.

So many ecommerce stores focus exclusively on getting customers to make a buying decision in a virtual world. While important, the delivery experience in the physical world affects this decision and has long-term implications on a brand’s value.

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Publisher: Entrepreneur
Date: 2021-01-14T13:00:00Z
Author: Lucas Miller
Twitter: @Entrepreneur
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A Guide to Turning Your Customers Into Your Product Designers

All too often, company executives start with or support ideas they think are good but leave the customer out. The focus is commonly on whether companies can bring a product to market instead of whether they should.

To gauge how a product is going to perform and smooth out hurdles to purchase and use, you need feedback from buyers through the entire customer journey. Their continued input helps you see not only how to improve the design itself but also how to improve other areas related to the larger experience with the product, such as customer support or marketing. It can give you big picture insights about other related issues you could solve for the customer down the road, as well. 

Publisher: Entrepreneur
Date: 2021-01-13T21:30:00Z
Author: Sumit Aneja
Twitter: @Entrepreneur
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Make Your World Revolve Around the Customer - Business 2 Community

Customers need to know that you have their best interests at heart. As business owners or managers, we get too bogged down with the day-to-day machinations of business and forget the ultimate goal; to satisfy our customer's needs. We forget what Peter Drucker famously said that the purpose of a business is to create and keep a customer.

We focus more on payroll than the proper staffing needed to service our customers. We focus more on lowering product costs than raising the value we offer to our customers. We focus more on customer acquisition costs versus the actual experience each will receive.

Publisher: Business 2 Community
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How To Prioritize Features That Get Customers To Buy: Understanding What Influences Willingness

In the battle to win customer's hearts and minds, marketers develop a go-to-market strategy based on the five P's of marketing; product strategy, price strategy, promotion, placement, and packaging (some will use similar variations, but the concept holds).

Often, customer discoveries and market research processes reveal which features customers value and what competitive alternatives charge in the market, but not how the bundling of features into tiers drives optimal value while mitigating the friction of confusing pricing tiers, or freemium trap of not segmenting by the value each buyer persona perceives.

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Publisher: Forbes
Date: 2021-01-14
Author: Rebecca Sadwick
Twitter: @forbes
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The Power of Digital Empathy for Making Customer Connections

According to a recent global survey from PWC , 75% of consumers say that as technology improves, they'll want to interact with humans more. The reasoning behind this is likely due to what another study reveals: PWC Consumer Intelligence believe companies have lost touch with the human element of customer experience.

No matter your business model, your customers have one overarching need: the desire to feel seen and heard. The pandemic has been a huge catalyst for increasing digital engagement. With the benefits of increased convenience, accessibility, and flexibility established, there's no going back. The companies who are able to convey genuine human care across digital spaces — digital empathy — will be the ones who retain customers, gain new ones, and turn them all into advocates.

Publisher: CMSWire.com
Twitter: @CMSWire
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Immediate Greeting of Customers Plays Key Role in Aftermarket Service Satisfaction, J.D.

Christian Brothers Automotive Corp., Take 5 and Les Schwab Tire Centers Rank Highest in Respective Segments

Saying hello and acknowledging customers upon arrival at an aftermarket service facility can significantly improve customer satisfaction scores, specifically those for full-service maintenance and repair, quick oil changes and tire replacement. Satisfaction scores decline when customers wait more than three minutes before they're acknowledged, according to the J.D. Power 2021 U.S. Aftermarket Service Index (ASI) Study SM fueled by SurveyMonkey, which was released today.

Twitter: @Yahoo
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