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  • Answer Upon - Customer Service And The Difference Between Value And Worth

    8 Tips for Keeping Your Current Customers Happy
    Every business owner knows without their customers they do not have a business. Finding customers is only the first step in running a business. Keeping them for the long haul is the most important thing a business needs to do.Customers want to buy their goods and services from businesses in tune with their needs, wants and desires. They want to be taken care of and sold the best possible products for
    .

    Ever drive by someplace that treated you badly, say 5 years previously? Don’t you still talk about it? And you tell everyone “Don’t go in there, they treated me badly” even though it’s been 5 years. What has your lost business been worth to them? And what is the value of them retaining your business?

    We only tell our most trusted relatives and friends about the great service we have had.

    And that is where the value in a relationship exists between you and your customers.

    If you build the value in the relationship you have with your customers, they will be worth more than you can imagine.

    No math required to figur

    'Tis the Season for a Work at Home Job!
    Moms, this is the perfect time to break into the telecommuting industry. The holiday season brings extra opportunities for seasonal work. Just like many companies offline, telecommuting companies gear up for the surge in business by taking on more employeesWhat type of jobsThe typical jobs available at this time are customer service and sales positions. Two companies believed to hire seasonal
    Have you ever looked at the difference between the value of a Customer relationship and what that Customer is worth? Lets take a look at the difference between the two.

    Say your average customer spends only $100.00 per transaction with you. And, you transact business with an average of 10 customers per day. That’s $1000.00 per day. If you are open 20 days a month that equals a total of $20000.00. Pretty simple math, right?

    Now, we are open 12 months a year, and that equals $240,000.00. If you make one person unhappy per day, that’s $2000.00 a month or 10% of the business you did for the month and a loss of $24,000.00 for the year.

    Since we know that an unhappy person tells at least 11 people who then tell at least 5 more people, each, what is that relationship worth? If you do the math, it adds up to $6700.00 in lost sales from one customer. If you continue to lose one a day at the end of the year you would have a potential loss of $1,608,000.00 in sales. Uh, that’s a million, headed towards two.

    I think anyone would love to have an additional Million Dollars in sales for the year. I know I would. The question is, is it worth your time to be more professional and courteous? Is it worth your time to invest in yourself by upgrading your skills and developing a healthy attitude?

    So what is the value of the relationship you might ask?

    Good question Customer Service Professional. Let’s take a look.

    The value comes from maintaining and nurturing the relationship. The customers that you make happy tell an average of 3 people that they liked or were happy with your service.

    Weird, huh? Unhappy, tell 11, happy, tell 3. Those turn into additional potential sales totaling $3000.00 more per day. $3000.00 more translates into $60,000.00 per month or $720,000.00 per year or more in possible sales. Not too bad. Make ‘em happy, $720,000.00 increase in sales. Did I mention that we are only talking about a hunskee per person per day? Now that is some serious coin!

    However, that is not were the real value is.

    It’s in the relationship that you built with your customer. It’s that your customer feels comfortable enough to refer you to 3 of their trusted friends and family. And it's about your customer coming back to you again and again for the same great service you provide each and every time.

    See, when we are unhappy with something, we’ll tell anybody and everybody within earshot, and tell them to tell all their friends, neighbors, relatives, passers by and practically anyone within arms length how bad the experience was.

    Ever drive by someplace that treated you badly, say 5 years previously? Don’t you still talk about it? And you tell everyone “Don’t go in there, they treated me badly” even though it’s been 5 years. What has your lost business been worth to them? And what is the value of them retaining your business?

    We only tell our most trusted relatives and friends about the great service we have had.

    And that is where the value in a relationship exists between you and your customers.

    If you build the value in the relationship you have with your customers, they will be worth more than you can imagine.

    No math required to figure

    Hiring Questions: What to Ask and How to Ask it
    Whether you are a trained interviewer or not, if you have done any interviewing for hiring at all you will know that some people interview better than others. You will know that some people are truthful and others lie and tell you whatever they think you want to hear.In addition to the honesty factor, interviewing, on the part of the job applicant, is a learned skill.Personality affects how w
    >

    Since we know that an unhappy person tells at least 11 people who then tell at least 5 more people, each, what is that relationship worth? If you do the math, it adds up to $6700.00 in lost sales from one customer. If you continue to lose one a day at the end of the year you would have a potential loss of $1,608,000.00 in sales. Uh, that’s a million, headed towards two.

    I think anyone would love to have an additional Million Dollars in sales for the year. I know I would. The question is, is it worth your time to be more professional and courteous? Is it worth your time to invest in yourself by upgrading your skills and developing a healthy attitude?

    So what is the value of the relationship you might ask?

    Good question Customer Service Professional. Let’s take a look.

    The value comes from maintaining and nurturing the relationship. The customers that you make happy tell an average of 3 people that they liked or were happy with your service.

    Weird, huh? Unhappy, tell 11, happy, tell 3. Those turn into additional potential sales totaling $3000.00 more per day. $3000.00 more translates into $60,000.00 per month or $720,000.00 per year or more in possible sales. Not too bad. Make ‘em happy, $720,000.00 increase in sales. Did I mention that we are only talking about a hunskee per person per day? Now that is some serious coin!

    However, that is not were the real value is.

    It’s in the relationship that you built with your customer. It’s that your customer feels comfortable enough to refer you to 3 of their trusted friends and family. And it's about your customer coming back to you again and again for the same great service you provide each and every time.

    See, when we are unhappy with something, we’ll tell anybody and everybody within earshot, and tell them to tell all their friends, neighbors, relatives, passers by and practically anyone within arms length how bad the experience was.

    Ever drive by someplace that treated you badly, say 5 years previously? Don’t you still talk about it? And you tell everyone “Don’t go in there, they treated me badly” even though it’s been 5 years. What has your lost business been worth to them? And what is the value of them retaining your business?

    We only tell our most trusted relatives and friends about the great service we have had.

    And that is where the value in a relationship exists between you and your customers.

    If you build the value in the relationship you have with your customers, they will be worth more than you can imagine.

    No math required to figur

    Why Is The Toilet Poster Not A Standard Advertising Medium Yet?
    Recently I posted a question on yahoo answers to better understand what peoples attitudes are towards toilet advertising. The overall response was overwhelmingly positive, with one person boldly stating that it is the only advertising that still has an impact on him.A study conducted at Rice university has shown that the retention of the marketing message is 40% more effective than retention for any
    althy attitude?

    So what is the value of the relationship you might ask?

    Good question Customer Service Professional. Let’s take a look.

    The value comes from maintaining and nurturing the relationship. The customers that you make happy tell an average of 3 people that they liked or were happy with your service.

    Weird, huh? Unhappy, tell 11, happy, tell 3. Those turn into additional potential sales totaling $3000.00 more per day. $3000.00 more translates into $60,000.00 per month or $720,000.00 per year or more in possible sales. Not too bad. Make ‘em happy, $720,000.00 increase in sales. Did I mention that we are only talking about a hunskee per person per day? Now that is some serious coin!

    However, that is not were the real value is.

    It’s in the relationship that you built with your customer. It’s that your customer feels comfortable enough to refer you to 3 of their trusted friends and family. And it's about your customer coming back to you again and again for the same great service you provide each and every time.

    See, when we are unhappy with something, we’ll tell anybody and everybody within earshot, and tell them to tell all their friends, neighbors, relatives, passers by and practically anyone within arms length how bad the experience was.

    Ever drive by someplace that treated you badly, say 5 years previously? Don’t you still talk about it? And you tell everyone “Don’t go in there, they treated me badly” even though it’s been 5 years. What has your lost business been worth to them? And what is the value of them retaining your business?

    We only tell our most trusted relatives and friends about the great service we have had.

    And that is where the value in a relationship exists between you and your customers.

    If you build the value in the relationship you have with your customers, they will be worth more than you can imagine.

    No math required to figur

    The Life of a Travel and Tourism Pro
    You want to go to travel and tourism college? Once you obtain the necessary travel and tourism degree, then what? Tracy Snelling, an account manager at Atlas Travel International, a travel agency in Milford, MA, never went the traditional route of going to travel and tourism college, but she can tell you a lot about the career in store for you. The award-winning innovative company in products and services,
    ng about a hunskee per person per day? Now that is some serious coin!

    However, that is not were the real value is.

    It’s in the relationship that you built with your customer. It’s that your customer feels comfortable enough to refer you to 3 of their trusted friends and family. And it's about your customer coming back to you again and again for the same great service you provide each and every time.

    See, when we are unhappy with something, we’ll tell anybody and everybody within earshot, and tell them to tell all their friends, neighbors, relatives, passers by and practically anyone within arms length how bad the experience was.

    Ever drive by someplace that treated you badly, say 5 years previously? Don’t you still talk about it? And you tell everyone “Don’t go in there, they treated me badly” even though it’s been 5 years. What has your lost business been worth to them? And what is the value of them retaining your business?

    We only tell our most trusted relatives and friends about the great service we have had.

    And that is where the value in a relationship exists between you and your customers.

    If you build the value in the relationship you have with your customers, they will be worth more than you can imagine.

    No math required to figur

    MOU - Making Contracts Easy
    I had never really heard the term MOU until a few months ago and now I can fathom how I can do contracts without them. A MOU (Memorandum of Understanding) will help you get working on contracts much quicker.Here is how a MOU will work for you.Set a meeting with a potential client. Come to an agreement with the client during the meeting. Put the items of agreement in
    .

    Ever drive by someplace that treated you badly, say 5 years previously? Don’t you still talk about it? And you tell everyone “Don’t go in there, they treated me badly” even though it’s been 5 years. What has your lost business been worth to them? And what is the value of them retaining your business?

    We only tell our most trusted relatives and friends about the great service we have had.

    And that is where the value in a relationship exists between you and your customers.

    If you build the value in the relationship you have with your customers, they will be worth more than you can imagine.

    No math required to figure out the difference.

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