Not,all,customers,are,equal,su business, insurance Not all customers are equal


As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise.  Franc Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The


I'm sure you have heard of the following:- Customer is KING!- The customer is always RIGHT!- The customer is our reason for being HERE!- The purpose of Business is to create and KEEP the customer!and my personal favourite- If you don't take care of the customer, somebody else WILL!Are all customers of equal value, to be cherished and loved, forfear that they will run off to our competitors? In my opinion, thereare 4 categories of customers; A for Awesome, B for Basic, C for Cannotdeal with and D for dead and depending on their category, they need tobe treated differently.Lets class them based on the following matrix:Lets start withC- The Cannot-deal-with CustomerI'm sure you have met them before. This category of customers may bepaying you well, but they do not give you the love or respect. Theybargain for price, they rush you to complete the job, you bend overbackwards to accommodate their demand. Do they thank you for youreffort? NO! Instead they complain, they pay you late (very late!) andthey never ever thank or show any appreciation and you almost alwaysend up over servicing them. In other words, all of the profit made fromthe sale goes down the proverbial drain. So what do you need to do withthe category C customers? Tell them the new rules of the game of doingbusiness with you, especially when it comes to delivery and paymentterms. If they don't comply, just refer them to your competitors! Tips:C customers likes to price shop, so the easiest way to get rid of themis to increase your price! They will then look to another supplier.D -The Dead CustomerThis is the customer that gives you least amount of satisfaction.They are both low on the money and fun scale. Just don't deal with themand remove them from your database. They probably already owe you a lotof outstanding payments, so stop servicing them already!B - The Basic CustomerThis is your basic customer that buys what you sells them, pays ontime, hardly complaints and happy with your price. This customers makesyou money and in most cases, loyal to you unless you annoy or upsetsthem. When this happens, normally they will give you feedback and justwants normal service returned ASAP. This category B customers just needbasic maintenance from you. Communicate frequently with them vianewsletters or magazines, send them thank you card or create specialmemberships for them that gives them loyalty points for theirpurchases. Make this customers feel that you care and appreciate theirbusiness.The last category isA-The Awesome CustomerThis is just like the Basic Customers. However, in addition, theyare your advocates and they also do the selling for you by referringand recommending other people to you! In other words, they have justbecome your RAVING FANS! Of course, they make you more profit as younever have to spend any money on marketing and you know what they sayabout  birds of the same feather. By taking really good care of thiscustomers, you will get more awesome customers. Start and exclusiveclub, a VIP membership if you will, for them. Shower them with love andattention. Wine and dine them. Give them priority service and YOU mustpersonally attend to them. Remember, this small group of customersmakes you the most profits.So, it's time to list down your customers, grade them according tothe above matrix and plan your next course of action. This may be themost important thing you do for your business!

Not,all,customers,are,equal,su

business

Europe Construction Equipment Market (2020-2026)

Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling ...

business

Raheja SCO Plots brings Commercial Space in Gurgaon

Being a financial and technology hub Gurgaon is a prominent place for commercial space. Raheja Developers just happens to be the most significant entities of the commercial real estate sector of India. Thanks to their outstanding construct ...

business

Find the Reliable and Qualified Packers and Movers

Have you decided to relocate somewhere in Mumbai and wanted to make a move? Well, you could be aware of the stress and hectic work associated with moving your things from one location to another. Either you make a move to the nearest locatio ...

business

Corporate video production and brand positioning

Corporate videos bring a touch to your marketing aspect. I have seen brands who are telling a compelling story in a more concise way. Here are some advantages to using corporate video for your brands.Videos are a fun way to describe your pro ...

business

Tips For Creating A Cleaning Company Logo

Your logo is the visual representation of your business and the first thing many potential customers will see. When global corporations are mentioned, people typically think of the company logo first. Nikes Swoosh, MacDonalds golden arches, ...

business

Learning from Five Common Accounting Mistakes

Most business owners spread practically all the nuts and bolts of business arranging aside from one significant angle that should be dangerous for their business-accounting. The idea among numerous new companies is that the accounting extens ...

business

Get To Know Everything About Kraft Bakery Boxes

Knowing the fact that all the bakery products ask fr durable and resilient packaging, you must also know that there are several ways to customize the right packaging. Now, for this, you have to team up with a packaging company that fulfils a ...

business

Here’s What Is The Purpose to Maintain Risk Register

Are you in need of knowing what a risk register is? Then you are here searching the result for your solution. It is sometimes known as the risk log. Corporate Risk Register is one of the project management tools that help the company and t ...

business

COVID-19: How it affects businesses and the economy

Updated Canadian economic forecastCanadas economic growth ground to a halt in the fourth quarter of 2019. With the economy already on precarious footing, the added shocks of the recent rail blockade protests, the arrival of COVID-19, and a c ...

business

How Secure is Internet of Things (IoT) - Experts Guide

IoT enables many new functionalities and possibilities to enhance living and business. However, more IoT leads to insecurity and responsibilities. IoT as a spectrum is growing and new technologies are implemented rapidly with an increase in ...

business

Reasons how company information saves your investments

What does company information include? Before you invest in a company or start a new business relationship with a client, it is vital to know everything relevant about them. Company information is any confidential data of a company that is ...