The relationships you have with your existing customers are your key to success

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The economy in the coming year will remain tight for pretty much everyone. Given that and given that we are heading towards a new year, I wanted to ask you to consider something: look after, cherish and build the relationships that you have in your business, particularly with your customers. In doing that we must [...]

You don’t retain your customers by ignoring them

Elephant Insurance

I find it amazing how some companies treat their customers. Particularly, those that are existing customers and have been for a number of years. Let me tell you a story. The other week I received my car insurance renewal quote from Elephant. In the renewal letter it states the new premium price for the coming [...]

Connecting the dots of word of mouth, customer loyalty and customer service

Clickfox Customer Loyalty

A recent piece of research from Clickfox got me to thinking about word of mouth, customer loyalty and customer service and if we should be thinking about ‘connecting the dots’ between them. In many cases and in many companies these three things can exist in isolation of each other. However, the Clickfox research found that [...]

What’s the RoI of your customer retention programme?

Business growth generally boils down to two things: How many new customers you can acquire (customer acquisition); and How long you can keep your existing customers for (customer retention). The balance of your focus will depend largely on the stage of development of your business but the aim should be to make sure that you [...]

Why are UK companies a long way behind their US counterparts when it comes to engaging with their customers via social media?

Mind the gap UK is way behind the US in social media use in business

Often I hear complaints from companies in the UK that they are finding it increasingly hard to keep up and to engage with their customers, deal with complaints, questions or communication, particularly those that are initially posted on social media sites or sent directly via social media channels. At the same time, I hear great [...]

Reconnecting with old customers is better when it has context

Reconnecting with old customers is better when it has context

I’ve been away for a few days but whilst I was away I received an email on Friday from Reid Hoffman, Co-founder and Chairman of LinkedIn. As it turned out I, along with another one million lucky souls, received the same email. Frank Reed across at Marketing Pilgrim got one too and he has already [...]

If we are not willing to be honest as customers how can we expect businesses to get better?

If we are not willing to be honest as customers how can we expect businesses to get better

Today I wanted to tell you a story about customer surveys. Normally, I write about how I think many businesses either don’t survey their customers enough, in the right way or make their surveys too long or complicated and then complain that they don’t get the response rates that they want. However, today I want [...]

Business growth and getting closer to your customers

Get close to your customer to drive business growth

Adrian is currently away on a holiday adventure so we thought you’d enjoy a dip into the archives to re-visit some posts that you may not have seen. Enjoy. Originally posted on November 30th, 2009 When trying to engineer new growth, many businesses fall into the trap of just trying to buy new customers. However, [...]

Customer retention: The hole in my bucket syndrome

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There’s a hole in my bucket, dear Liza, dear Liza, There’s a hole in my bucket, dear Liza, a hole. Then fix it, dear Henry, dear Henry, dear Henry, Then fix it, dear Henry, dear Henry, fix it. With what shall I fix it, dear Liza, dear Liza? With what shall I fix it, dear [...]

Drive business growth by getting closer to your existing customers

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Adrian is currently away on a holiday adventure so we thought you’d enjoy a dip into the archives to re-visit some posts that you have not seen. Enjoy. When trying to engineer new growth, many businesses fall into the trap of just trying to buy new customers. However, there’s an easier way of increasing your [...]

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