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Will You Add? - Should You Take Care of Your Customers?
Dynamic Interviewing Practices ight person (often with less effort than going through 'customer service'.)The pre-hiring process can be a challenge. If you’re reading this article, you are finished with the pre-hiring process and are looking for tips that will guide you through the interview.Much time and energy can be invested and in the end, wasted, if your approach is not focused, deliberate, and specific. The following approaches have resulted in engaging, content-rich interviews providing us with a clear approach appropriate for each candidate.The Interview1. Arrange interviews with a least three applicants. Three gives you a well-rounded base from which you can choose the best one. Sometimes three isn’t enough, and you may need to place another ad or extend the application deadline, but it’s a good place to start.2. Set appointment times close enough so that afterwards you remember details of each and can compare qualities of the applicants, but far enough apart so that applicants don’t “pass each other in the hall” thereby creating an awkward situation.3. In ad This sophistication is at a cross-roads however. Today, the customer can no longer assume that companies will try to get his business. Let's face it, we should hardly expect corporations to treat us well if we are not ready to commit, if we are not ready to be involved in their success. This could mean focusing on one brand per category, for example, in return for which we could rightly expect to be recognized as a 'good' customer. We must face the fact that corporations are becoming Masters at recognizing that not all customers are created equal. When you are bombarded with irrelevant offers and other marketing messages, deciding to be a good customer is a Life strategy. If you don't, your life could become more and more difficult to manage. We have the 5 Ways to Boost Your Business Income Sometimes it feels like business would be so much better without customers. We could go about our internal meetings without problems, set-up strategies that we like and understand, decide where the funds should go...life would be so easy...no customers, no cry (to paraphrase a famous song). Of course, this scenario conveniently forgets that it is the customer who pays our bills.Profit in any business comes from your business turnover multiplied by your margins. In simple term, Profits = Turnover x Margins Turnover, in turns, is determined by the number of customers you have, multiplied by the number of transactions each customer had with you and the average dollar sale. Thus, Turnover = Number of Customers x Number of Transactions x Average Dollar Sale The number of customers you have depends on your lead generation and conversation rate of these leads. Thus, Number of Customers = Lead Generation x Conversion Rate By breaking down the process into small chunks, you will see that your business profit is governed by 5 variables, namely 1. lead generation 2. conversion rate 3. number of transaction 4. average dollar sale 5. margins These experts worked out the formula and found that by doubling each of these factors, you can boost your business profits by an incredible 67%. Putting Theory There is no doubt that the customer should be at the centre of every business strategy and yet, it often feels like focusing on them comes as an afterthought, a single paragraph in a business plan, nothing more (the famous 'Them' and 'Us' strategy.) Let's face it, while the title of this article would make any marketer cringe, it is still common practice to make decisions without the customer in mind...and remain successful (but for how long?) Thinking about the customer is not a natural function for many businesses. Even many marketing departments avoid it, despite the fact that their very reason for being is to understand their customer. After all, isn't marketing's favourite discussion about how well they understand the customer, often better than anyone else in the company? Unfortunately, even the relationship between 'marketers' and customers is being eroded and in today's fragmented business place, customer interaction and customer treatment is often managed by a branch manager, a Customer Relationship Manager, a Customer Relationship Management (CRM) solution or even a web site or call system. If you critically analyse many businesses, you will find that many marketing decisions simply have little impact on customers. Remember the 4Ps? There was a time when marketing was defined by the 4Ps (Price, Place, Product and Promotion.) In Asia, very few marketers really manage them all as they are either decided in headquarters or by someone with no direct marketing responsibility. The 4Ps are gone The complexities of delivery, promoting to the right people, business in general, have shown over and over again that businesses must strive to understand their customer beyond products and demographics, beyond the marketing department. Interestingly, most of us as consumers have experienced instances that suggest many companies simply do not care much about us. And yet we seldom take this learning back to our own businesses. There is an old proverb that states, 'If you cannot smile, do not open a shop.' This simple admonition should be enough to decide if you have what it takes to take care of customers days-in, days-out. After all, customers are becoming more and more sophisticated, more and more aware and more and more involved with the brands they choose (and therefore less and less involved with the brands they do not choose.) The practice of taking care of your customers revolves primarily around three main actors on the business stage: the customer, the marketer and the business owner. There are, of course, many other stakeholders but it is these three that drive the business. The case of the 'sophisticated' customer 'We all are customers' should be the new mantra. But are we all good customers? It is obvious to state that customers around the world have become more sophisticated. Today they have the power to compare price, buy abroad, buy directly or online, travel more and shop more. Even more importantly, they know they can complain to the right person (often with less effort than going through 'customer service'.) This sophistication is at a cross-roads however. Today, the customer can no longer assume that companies will try to get his business. Let's face it, we should hardly expect corporations to treat us well if we are not ready to commit, if we are not ready to be involved in their success. This could mean focusing on one brand per category, for example, in return for which we could rightly expect to be recognized as a 'good' customer. We must face the fact that corporations are becoming Masters at recognizing that not all customers are created equal. When you are bombarded with irrelevant offers and other marketing messages, deciding to be a good customer is a Life strategy. If you don't, your life could become more and more difficult to manage. We have the Speak Spanish? First Language English? Want a Job? he customer is not a natural function for many businesses. Even many marketing departments avoid it, despite the fact that their very reason for being is to understand their customer. After all, isn't marketing's favourite discussion about how well they understand the customer, often better than anyone else in the company?Out of more than 42 million people of Hispanic origin in the U.S. there are about 17 million who either don't speak English or don't speak it very well. These people are working, making money and buying the things they want and need. There is a huge market here, and all kinds of companies are eager to get their share of the Hispanic market's dollars!To deal with and sell to this large market segment, business companies need employees who can communicate in Spanish. So they are looking high and low for good bilingual (English-Spanish) people to hire.Searching through job openings at careerbuilder.com, the largest U.S. employment network, on April 16, 2007, for the qualification "bilingual" in the job title, turned up 12,070 open positions that employers are looking to fill. There were 160 pages of results, listing jobs in 33 States.What do you need to qualify for one of those jobs? You need to be able to converse with a non-English speaker in Spanish. Many of the job offers specify that part of the Unfortunately, even the relationship between 'marketers' and customers is being eroded and in today's fragmented business place, customer interaction and customer treatment is often managed by a branch manager, a Customer Relationship Manager, a Customer Relationship Management (CRM) solution or even a web site or call system. If you critically analyse many businesses, you will find that many marketing decisions simply have little impact on customers. Remember the 4Ps? There was a time when marketing was defined by the 4Ps (Price, Place, Product and Promotion.) In Asia, very few marketers really manage them all as they are either decided in headquarters or by someone with no direct marketing responsibility. The 4Ps are gone The complexities of delivery, promoting to the right people, business in general, have shown over and over again that businesses must strive to understand their customer beyond products and demographics, beyond the marketing department. Interestingly, most of us as consumers have experienced instances that suggest many companies simply do not care much about us. And yet we seldom take this learning back to our own businesses. There is an old proverb that states, 'If you cannot smile, do not open a shop.' This simple admonition should be enough to decide if you have what it takes to take care of customers days-in, days-out. After all, customers are becoming more and more sophisticated, more and more aware and more and more involved with the brands they choose (and therefore less and less involved with the brands they do not choose.) The practice of taking care of your customers revolves primarily around three main actors on the business stage: the customer, the marketer and the business owner. There are, of course, many other stakeholders but it is these three that drive the business. The case of the 'sophisticated' customer 'We all are customers' should be the new mantra. But are we all good customers? It is obvious to state that customers around the world have become more sophisticated. Today they have the power to compare price, buy abroad, buy directly or online, travel more and shop more. Even more importantly, they know they can complain to the right person (often with less effort than going through 'customer service'.) This sophistication is at a cross-roads however. Today, the customer can no longer assume that companies will try to get his business. Let's face it, we should hardly expect corporations to treat us well if we are not ready to commit, if we are not ready to be involved in their success. This could mean focusing on one brand per category, for example, in return for which we could rightly expect to be recognized as a 'good' customer. We must face the fact that corporations are becoming Masters at recognizing that not all customers are created equal. When you are bombarded with irrelevant offers and other marketing messages, deciding to be a good customer is a Life strategy. If you don't, your life could become more and more difficult to manage. We have the Tips for Maintaining the Integrity of Important Files in a Modern Workplace (Price, Place, Product and Promotion.) In Asia, very few marketers really manage them all as they are either decided in headquarters or by someone with no direct marketing responsibility.One day at the office I was taken quite aback when I attempted to open an Excel spreadsheet I'd created and was prompted with the message: File in Use. Open as a read-only file? File in use? What was that all about? It was, after all, my file. Who else would be using it?The answer to that last question was, of course, anyone. Anyone at all could be using it. I worked in a company with 200+ employees and most of our documents were saved on drives with shared access. My file, essentially, was available to anyone in the entire company, from upper management to the receptionist, on a whim.With large network systems and often multiple branches, many companies these days have shared drives where employees in different regions can access the same files. Often, those companies limit the size of the hard drives on individual computers to minimize the saving of files onto the computer itself, forcing employees to store their important files where all can see.Some files, by nature, need to be share The 4Ps are gone The complexities of delivery, promoting to the right people, business in general, have shown over and over again that businesses must strive to understand their customer beyond products and demographics, beyond the marketing department. Interestingly, most of us as consumers have experienced instances that suggest many companies simply do not care much about us. And yet we seldom take this learning back to our own businesses. There is an old proverb that states, 'If you cannot smile, do not open a shop.' This simple admonition should be enough to decide if you have what it takes to take care of customers days-in, days-out. After all, customers are becoming more and more sophisticated, more and more aware and more and more involved with the brands they choose (and therefore less and less involved with the brands they do not choose.) The practice of taking care of your customers revolves primarily around three main actors on the business stage: the customer, the marketer and the business owner. There are, of course, many other stakeholders but it is these three that drive the business. The case of the 'sophisticated' customer 'We all are customers' should be the new mantra. But are we all good customers? It is obvious to state that customers around the world have become more sophisticated. Today they have the power to compare price, buy abroad, buy directly or online, travel more and shop more. Even more importantly, they know they can complain to the right person (often with less effort than going through 'customer service'.) This sophistication is at a cross-roads however. Today, the customer can no longer assume that companies will try to get his business. Let's face it, we should hardly expect corporations to treat us well if we are not ready to commit, if we are not ready to be involved in their success. This could mean focusing on one brand per category, for example, in return for which we could rightly expect to be recognized as a 'good' customer. We must face the fact that corporations are becoming Masters at recognizing that not all customers are created equal. When you are bombarded with irrelevant offers and other marketing messages, deciding to be a good customer is a Life strategy. If you don't, your life could become more and more difficult to manage. We have the Information on Visa Credit Cards er all, customers are becoming more and more sophisticated, more and more aware and more and more involved with the brands they choose (and therefore less and less involved with the brands they do not choose.)Visa. Clearly one of the most known credit card companies, the Visa symbol is known worldwide. There are many different types of Visa credit cards offered, and this article will review some of them to give you a better feel for the company. Visa credit cards are not actually distributed by the Visa Company, merely banks that back up the Visa standard, so rates may be different.The Visa classic is one of the most commonly seen credit cards. It is an ideal first card that is simple, flexible, and usable worldwide. Many different banks issue this type of card. These cards normally start off with lower credit rating, however, it can all depend on income, current credit score and other personal circumstances at the time of the application.The Visa secured is a great way to begin to build credit, or help reestablish bad credit. By placing down a deposit, you can effectively guarantee that you will be approved for this card. Once approved, be sure to pay your monthly bill on time, and if you can, pay more than the mi The practice of taking care of your customers revolves primarily around three main actors on the business stage: the customer, the marketer and the business owner. There are, of course, many other stakeholders but it is these three that drive the business. The case of the 'sophisticated' customer 'We all are customers' should be the new mantra. But are we all good customers? It is obvious to state that customers around the world have become more sophisticated. Today they have the power to compare price, buy abroad, buy directly or online, travel more and shop more. Even more importantly, they know they can complain to the right person (often with less effort than going through 'customer service'.) This sophistication is at a cross-roads however. Today, the customer can no longer assume that companies will try to get his business. Let's face it, we should hardly expect corporations to treat us well if we are not ready to commit, if we are not ready to be involved in their success. This could mean focusing on one brand per category, for example, in return for which we could rightly expect to be recognized as a 'good' customer. We must face the fact that corporations are becoming Masters at recognizing that not all customers are created equal. When you are bombarded with irrelevant offers and other marketing messages, deciding to be a good customer is a Life strategy. If you don't, your life could become more and more difficult to manage. We have the Logo Pens ight person (often with less effort than going through 'customer service'.)A pen is much more than a writing instrument. Even an individual who relies on a computer to do most of his writing work, needs a pen for simple everyday situations, such as signing a check or autograph. Few are the people who leave the house without a pen tucked in the pocket or in their schoolbag, handbag or briefcase. The pen is an almost indispensable and universal tool.Smart businessmen have realized that giving away pens as a promotional tool is an economical and effective way to build brand awareness. A pen engraved with a company logo creates instant recall, and it can safely be said that a person will use that pen at least once a day. Chances are that others will also use the pen during the day, increasing the visibility of the logo multifold.Smaller businesses that do not have substantial advertising and promotion budgets are finding logo pens an ideal way to not only create brand awareness, but also to motivate staff or thank customers. Handing out logo pens is like putting hundreds of miniature bil This sophistication is at a cross-roads however. Today, the customer can no longer assume that companies will try to get his business. Let's face it, we should hardly expect corporations to treat us well if we are not ready to commit, if we are not ready to be involved in their success. This could mean focusing on one brand per category, for example, in return for which we could rightly expect to be recognized as a 'good' customer. We must face the fact that corporations are becoming Masters at recognizing that not all customers are created equal. When you are bombarded with irrelevant offers and other marketing messages, deciding to be a good customer is a Life strategy. If you don't, your life could become more and more difficult to manage. We have the right to select one brand and ask to be treated correctly. We have the right to put all our accounts into one bank and then ask to be treated well...if we don't, then we have nothing much to ask in return for our lack of commitment. Marketing Tip: Understanding that the customer is as sophisticated as he or she wants to be (no more, no less) could reduce the numerous marketing mistakes we make by trying to be too clever, too cute or to humorous The case of the 'sophisticated' marketer At the same time as customers were becoming more sophisticated, so were marketers, helped in no small part by the advent of the Internet. Marketing as a discipline has changed in the past 100 years, and not always for the better. Reading some of the older marketing texts from 60+ ago, it seems that they might have been more in touch with customers then that today. It also seems that they knew better their role in the growth of the business. Today's marketer is often so sophisticated than he or she has lost touch with customers. Hidden behind research numbers and focus groups, the marketer often has a warped view of what the customer true behaviour really is. Analytics based on behaviour is very much in vogue and is an attempt to regain that lost knowledge. While thankfully not all marketers are so remote, we all should be careful of the 'ivory tower' syndrome and ensure that we and our team get down in the trenches where customers are voting with their credit card. Marketing Tip: Keeping an open mind and constantly ask the right questions (like how can I help sales?) The consumer is the only one who can say if a marketing campaign works, everything else is an opinion. The case of the 'sophisticated' business owner Last but not least, the role of the business owner in serving the customer cannot be ignored. While not always in their midst, his or her beliefs and business philosophy will determine whether a company becomes customer centric or not. The danger is, once again, to be too remote. Never treat customers as numbers - or even worse, as financial numbers. It is that simple. If the business leader is not customer centric, no amount of internal training or strategy will make the company focus on the customer. From experience, it looks like the way people are paid has a direct effect on the company's customer strategy. If sales people, for example, are paid to bring in business but not nurture the relationship, then customer will not get much post-sales service. In all fairness, that's not their role is this example. Can you imagine, however, a customer who only sees a sales person when they want something? What are the mid and long term implications? Would this impact the overall company's brand? You bet it would, and most probably negatively. Marketing Tip: If you are a marketer and your most difficult customer is the General Manager, change job. You want to work for someone who will use all the best tools available to succeed, including marketing Remember... Becoming a customer centric organization is no longer a strategic question, it's a necessity. You have to become one. If you don't your competition will and your customers will follow them. And while you can use all the technology you need to enable your business to be customer centric, if your business philosophy focuses on something else, you will never achieve that goal.
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