standard 5.1 understand resources used to enhance customer experiences

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Standard 5.1 Understand Resources Used to Enhance Customer Experiences.

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Standard 5.1

Understand Resources Used to Enhance Customer Experiences.

Why would a company utilize customer service?

O Positive name/ReputationO Expand/GrowthO Profits $$$$$$

What is your reputation worth?

O Nu Skin Products is an international company based out of Provo.

O Along with other companies, Nu Skin pays a lot of money to track online communication.

O “Word of Mouth” is no longer word of mouth!O In the past, one angry customer could spread

to family, friends, and co-workersO Now a post online can be seen by many in a

matter of minutes.

Nu Skin ContinuedO Nu Skin invested millions of dollars

to track online post about their company.

O If an angry customer post “Never buy from Nu Skin ………”

O Nu Skin employees will receive an email, therefore quickly and effectively, they can decide how to handle the situation to save the brand name and future customer relations.

Growing TrendsO Companies like Vocus and Sprout

Social provide services to track online communication.

O This is a useful tool for companies like Nu Skin, to interact quickly with customers.

O This can be used to react to situations that are taking place, as well as a proactive approach to current and potential customers

Worth While Investment?

O Companies have invested a lot of $$$$ to ensure positive relations with their customers.

O Reputations and profits are on the line with a poor image/poor customer service.

O What type of things would you say or do to keep a reputation?

Positive Customer Experience

O What happens when a customer is happy with their experience with a company?O Return CustomerO Positive reference of company to

othersO Direct referencesO Indirect references (friend of a friend)

O Ultimately a happy customer is a customer!

O An Unhappy customer is no longer your customer!

What do happy customers mean?

O Money $$$$$$O Return customers = Future BusinessO Referrals = Future BusinessO Increased Market-share

O Market-share- % of market or sales O Increased Market-share = Ability to

control prices and more ability to make decisions.

Poor Customer Experiences

O When customers have bad experiences they usually like to share this information with others. Some ways in which dissatisfied customers relay information includeO Word of mouth

O Talking, internet “post”….O Surveys O Reviews O Complaints

What unhappy customers mean

O Not likely to returnO Lack of referralsO Poor reputationO Poor reviewsO Decrease business and market-shareO Go to your competitorsO Basically future business is tough to

come by

EvaluationsO There are ways to find out if your

customers have had good experiences with you company.

O The information can be gathered in a formal or indirect setting

Evaluations

Formal- Direct Informal- indirect

O Surveys O Reviews O Secret Shopper

responsesO Tracking customers

purchases (repeat/how often)

O Sales (generally)O Reading

customers reactions

O Data from outside sources

Secret ShopperO Survey done without employees

knowing.O Performed by the store to evaluate

their companyO Offer someone in the parking lot a gift

card or incentive to fill out the form and return it

O Or completed by a 3rd party to ensure quality of the results.

Secret Shopper O Companies now have documentation

of their customers serviceO Things can be measured and

evaluated.O Great tool to measure employees

performance as well as the store.

Secret Shopper Assignment

O Pass out forms and go over.