The numbers don’t lie when it comes to customer loyalty

Business Bitesize Customer Loyalty Prospero Accounting Ltd

15 Apr The numbers don’t lie when it comes to customer loyalty

When it comes to growing your business, it follows that you must take your customer service seriously.

How you handle your customers and how you treat them when something goes wrong will determine your business success.

How many customers have you lost due to poor customer service?

Or, asked in another way – how many customers have returned (remained loyal) to you due to the way your customer service team dealt with a problem they had?

Research shows that customer loyalty delivers 3 powerful payoffs:

Increased re-purchase, increased spend and increased recommendations

All things as a business leader you spend your working life trying to achieve – right?

You know this already – word of mouth is the most powerful ally you have on your side. What your customers say to others can make or break your business.

And when you provide the best in customer service, guess what happens? Your customers will talk about you, they’ll remember you and be loyal to you.

The key to the best in customer service is to make your customers’ experience of resolving their problems effortless, like riding a bike downhill.

The numbers don’t lie, from 97,000 customer responses:

96% of customers who had to put a lot of effort into solving their own problem reported disloyalty and said they would not re-purchase

only 9% of customers who found it easy to resolve their problems reported disloyalty

‘low effort’ businesses outperform others by 31%

In this world of instant social media notification, disloyalty for any business is a dangerous game to play. Do one thing wrong and the whole world knows about!

But in the same vein – do it right and you get re-purchases and positive word of mouth – big drivers of sales revenues and profits for your business.

Remember when you get it right, 91% of customers are likely to use you again.

Click here , download your report to learn that when you work hard to be a ‘low effort’ business the rewards for your business will be big.

If you would like to find out how we can help you or your business please call us now.