Posts Tagged business questions

Is the Customer Always Right?

There’s a reason that everyone is familiar with sayings like “Customer is king,” and “The customer is always right.” These phrases speak the message that customers, being one of the most vital components to any business, should be treated as such. Customers keep you in business. Customers provide your revenue. Without customers buying products or paying for services, a business is doomed to fail. That’s where customer service comes in. Your customers should always feel respected and appreciated; if they don’t, they can simply choose to shop somewhere else or hire one of your competitors. It’s easy to show your customers that you are grateful for their business by offering them sales, discounts, gift-with-purchase promotions, and so on. But what happens when a conflict arises? Is there such a thing as a customer who is not right?

A business’s number-one reason for being is to make money, and customers are usually the suppliers of that money. You want to please your customers, and you want them to return to your establishment. After all, happy customers make happy business owners. Sometimes it might cost you to turn an unhappy customer into a happy one, but most businesses can take this hit every once in a while. Retail businesses experience this when a faulty item is returned, and service businesses often lower their prices in order to appease unsatisfied customers. The important thing to remember is that although you should strive to keep your customers happy, letting your customers get away with everything can cost your business more money than losing customers. Here are a few ways prevent your business from being a pushover:

  1. Clearly show your prices. This will help ensure that your prices, including sale prices, can’t be argued. If you have a sale going on, make sure that the sale dates are clearly posted as well.
  1. Make your policies known. Outline your business’s policies, including discount policies, return policies, cancellation policies, and so on, in a document that is accessible to all customers. If a problem arises, these policies can be referenced in order prevent your business from taking a loss.
  1. Don’t make exceptions. This may seem harsh and unfair to repeat customers, but if word gets out that you made an exception for customer A, customers B through Z will expect the same treatment. If you treat your customers with respect and appreciation while handling a difficult situation, you will most likely receive the same treatment back.
  1. Offer store credit over a cash refund. Many stores use this effective return policy since it basically guarantees that the customer will return, and often they end up spending more money than their credit is worth.

Although there’s no way to completely avoid customer conflicts, the above tips should be able to help you resolve some of them. Customers may not always be right, but it’s still important to keep your calm and show respect to those making even the most irrational of demands. To find more information on successful customer service and customer retention, be sure to visit MySolutionSpotTM.

Add comment December 18, 2008

Submit Your Articles & Gain Industry Presence

In today’s aggressive market, small and medium sized businesses are forced to compete against larger, wealthier corporations. While many of them struggle to survive, some are able to overcome their challenges and excel in their respective industries. These businesses understand that strong partnerships are as important as smart strategies.

Professional networking is not just about building the relationships you need to help your career or business grow. It is also about using your expertise to help others achieve their goals. MySolutionSpot™ gives you the opportunity to promote your business and expertise, while assisting other executives like you. Simply become an article contributor today. If accepted, your trade articles will be featured in our resource center and made available to executives of small to medium sized business from coast to coast. Get a head start and submit your articles today!

About MySolutionSpot™

MySolutionSpot is an educational resource in addition to being a networking platform. We are a partner to small businesses and medium sized businesses, as well as an educator. Therefore, in our quest to facilitate growth, we provide our members with a comprehensive library of trade-specific articles, as well as the opportunity to participate in forums to discuss popular industry topics and common business questions.

4 comments June 5, 2008


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