How to grow a business

Redesigning your business to avoid losing customers

13 Jul 2017

Losing customers is a great concern for the entrepreneurs and business people because it can lead to a major crisis inside a company. To avoid this situation, we advise you to redesign your business and to define new strategies before it is too late.

Increasing added value is a key solution to avoid losing customers

So, take into account these tips so you can and start redesigning your business right now:

#1 Identify the problem and… Analyse it!

When your company is losing customers, you can redesign your business by identifying what is the cause for such a drop on the sales. Once you know where is the “leak”, analyse the current behaviour of your customers and detail some solutions in order to develop an action plan.

#2 Listen to your customers

Knowing your customer’s needs and the trends of the market you are operating in will be a key element to be on the leading group. On the other hand, if you are not able to adapt your business to market’s changes, your business will struggle for survival. So, be aware of all of it and, most importantly, Always listen to your customers!

#3 Improve your Customer Service

When being in the middle of a business crisis, it is fundamental to know how to deal with your clients. The Customer Service is absolutely necessary to be the face of the company when assisting the clients on their requests/complaints. So, make sure your Customer Service is able to offer the best assistance by conveying confidence, safety, trust and empathy.

Customer Service team is the visible face of the Company, so focus your efforts in giving it the best tools so it can provide the best solutions

#4 Offer more services

The best way to stimulate your customers is offering exclusive services which will allow you to provide added value over competitors. So, your customers will know how important they are to your company and, on the other hand, you will benefit from their fidelity. Go for it!

 “Achieve a sale is important, but getting the loyalty of customers is vital”.

Stan Rapp

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How to grow a business
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