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In an attempt to determine what factors lead to worker job satisfaction, psychologist Frederick Herzberg conducted a study in which people were asked to describe their most satisfying and dissatisfying experiences on the job and to give the reasons why. They also were asked to describe their levels of performance in the two experiences.
Long-term customer retention is especially challenging as social networks and new media allow customers a forum for airing complaints about companies. A new focus on the customer experience has emerged, as businesses walk a fine line of keeping a steady supply of happy customers while maintaining a healthy bottom line with their customer retention programs.
CRM failures have been costly, disruptive, and embarrassing. Red ink, shareholder losses, upset customers, lost market share, lawsuits, and career setbacks are all typical outcomes of CRM failures.
It's evident that companies are beginning to understand both the necessity and the bottom-line advantage of broadening and deepening their customer focus. There is definitely more attention being paid to creating experiences for, and relationships with, their customers that will produce higher levels of loyalty. In many industries, however, there is a lot more talk about this than genuine, innovative action.
As technology matures, businesses are better able to gauge how happy their customers are, and how likely they are to return. Call center agents and software tools play a part in measuring customer loyalty and retention.
When air travel is under a couple of hours,low cost carriers can offer a great way to save time without spending too much money. The problem though with some of the low cost carriers - in Asia as in the US - is that service is sometimes stripped to the bone. Expect cramped seats and odd rickity planes as standard. Sometimes ground staff can be unpleasant to seal with too. JetBlue is bucking this trend. DaveBarger, JetBlue Airways CEO, explains the strategy and reasoning for this.
Despite the recession, more and more contact centers are evolving into profit centers for their organization, an annual benchmarking study has found. Dimension Data publishes an annual benchmarking study of contact centers across the globe. The 2009 report, released last week, surveyed 550 contact centers in 36 countries at the beginning of the year.
Figuring out how to build customer loyalty is a complex task. Businesses can use many methods to build loyalty among their customers. It's usually a combination of carefully selected marketing initiatives and excellent customer service that will keep a customer loyal -- but an individual business must find the combination that works best for them. Employee loyalty and satisfaction also play a role in building and sustaining customer relationships.
Customers in emerging markets can be more sensitive to customer service than their counterparts in mature markets, according to the results of a recent survey by Accenture.
While most executives and managers attempt to control the customer experience, ultimately, the task of providing great customer service falls on their employees. In this chapter excerpt, customer experience expert Lior Arussy explains how the way organizations approach customer service excellence is changing, and what executives need to do to make sure their employees are striving to provide excellent customer service every day.
























