No Strategy is borne or executed in a vacuum, and the
customer delight principle is no less subject to the environment in which it is
implemented. Today’s market is far different from any of the past. It poses
problems of seemingly insurmountable difficulty. In these challenging times,
the attention of several writers has focused on what is being labeled “the new
economy” and how it seems to be changing the rules of productivity, growth, and
profitability how it is changing the very ways we conduct business. The
expanding economy places a premium on retaining both high-valued customers and
dedicated employees were underappreciated and often “downsized” out of their
jobs. Businesses must adapt to their rapidly evolving market. The marketing
department is one of the primary corporate departments that can help effect
this change, and it’s capabilities to assist evolution. In general business must become three things:
1.
More” Outside-focused,” because that is where
revenues come from.
2.
More long-term-oriented, because long-term
customer relationships are the key to revenues.
3.
More focused on service excellence because
delighting customer is the key to long-term success.
Customer delight being outside focused is very easy to spot.
The focus on the customer, delighting him or her and in so doing building
long-term relationships, long-term success can be easily achieved. These three
things can be practiced in any business enterprise, though the outlook tends to
be more prevalent in the service sector or where the servicing component can be
made an important point of differentiations. Too many companies long for
relationships with their customers. The truth of the matter is, it’s a one
sided longing. While some do, most customers don’t long to establish a
relationship with a company. The truth of the relationship goal is the
marketer’s perspective that with a relationship, customers will be less likely
to leave. This means that the underlying strategy is retention; establishing to
help accomplish that goal.
As a long-term view of customer relationship is adopted,
loyalty becomes a desire for both the company and the customers. To earn
loyalty, the company has to be willing to evince long-term commitment toward
its most valuable employees. Companies need to treat their employees better in
order to retain them longer and to encourage them to give better service that
customers are seeking. Many business organizations have begun to recognize the
need of customer delight and excellence. “Your satisfaction is guaranteed.”
This statement is self-evident. Dissatisfied customers are bad for business.
They don’t come back and all too often, they tell their friends why. If
dissatisfied customers are bad for business, then satisfied customers are good
for business. Nothing is more important than satisfying the customer. Everybody
talks about customer satisfaction but few companies measure it and even fewer
implement it.
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