10 Best Ways to Increase Customer Loyalty
You’ve already done all of the hard work to pull these customers in, so why not develop your relationship with them further? Studies have shown many times over that if someone is made to feel special by a certain business, then they will go back to that business repeatedly, regardless of other changing factors.
For example, if a customer already knows they are going to be well looked after, they will be more willing to overlook changes in price. For the customer, the importance of receiving top quality service can be a lot more important than paying the cheapest price.
Here are my top ten tips to help you retain customers and increase their loyalty.
A smile goes a long way
This is proven as the number one way to ensure your customers will keep coming back. In the Barclays report, 59 per cent of consumers said that a simple smile and friendly hello was what made them return to small and medium-sized businesses over and over.
Keep up with your customers
Your customers need to feel like you care about them and their business, if you’re in the B2B sector. There are lots of way you can show this, from sending birthday and Christmas cards, calling, emailing or chatting on social media from time to time, to invites them to new product launches or askingfor their feedback on products and services they’ve bought. It doesn’t have to be a huge gesture; you just have to show you care.
Put yourself in their shoes
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett
The better you understand your customer service and how your staff interact with customers, the better you will be able to understand how your customers feel when buying from you or making enquiries. Putting your service to the test can also help you refine and improve your processes.
Keep up to date with your customers’ activity. If there’s something unusual with their account, for example, such as a decline in usage or spending, give them a courtesy call to ask why and whether there’s anything they’d like to change to help them get back on track. Many customers won’t complain about a poor service but just keep quiet and move on. Watching trends and being proactive gives you the chance to deal with problems – and it’ll impress your customer.
Create a loyalty scheme
These have been around for years, and they are a simple but effective way of encouraging customers to return to you. you could follow the example of coffee chains, for example, who use loyalty cards to reward customers with a free drink once they’ve bought a certain number. Offering rewards for purchases or referrals gives customers an incentive to return to you – and they benefit, too!
If you promise to provide each customer with an account manager, ensure that their account manager is available to them when they need them. If you don’t provide account managers, be sure that your business is easily accessible – advertise contact details clearly and ensure that you respond to queries quickly. People expect that they can have 24/7 access to services, so make sure that you’re available to them, by email and by telephone.
Ask for feedback
Feedback from customers is one of the best ways to find out what they’re happy with and what they’re not. Understanding this and ensuring you overcome the bad points will keep customers returning to you. there’s plenty of free software that will enable you to create a short customer survey, or you could contact individual customers directly.
When a customer comes to you with a complaint or problem, it’s a perfect opportunity to demonstrate flexibility or a willingness to work to a satisfactory solution. You’re also likely to find a customer who has had a complaint resolved becomes even more loyal as a result. The short answer – customers like to be listened to, respected and valued. Going out of your way to resolve a problem, even if it’s at your own cost, demonstrates this.
Be honest with customers
Ok, not so honest that you trip yourself up – but if you know that there’s an error at your end, or there’s a problem with your products or services that you expect you’ll get complaints about, it’s better to pre-empt it and be honest, rather than face the wrath of hundreds of unhappy customers. Remember, the rule of thumb is that unhappy customers will tell more people about their bad experiences than happy customers will tell about their good. Everybody respects honesty, too, and they’re likely to cut you some slack, providing you deal with the problem quickly and at no cost to them.
Say thank you
Whenever you’re aware of a customer helping to boost your brand’s awareness, you should show appreciation!