Customer service is more than being polite to customers: It is an integral part of running your online business, one that impacts the bottom line, and impacts the way your company is perceived by the public. In addition to helping grow your business, great customer service shows your customers who you are and that you are willing and able to help them with their problems.
By providing great customer service, online businesses recoup the costs of acquiring customers and cultivate a loyal following, which increases your database, serves customers as case studies, and offers reviews and recommendations.
What is Customer Service?
Customer service can be defined as the service you provide your customer at the time of selling and after the product is purchased. It is believed that online businesses offering good customer service have more customer retention.
Great customer service leads to favorable reviews for your online store, as well as recommendations through word-of-mouth, which may result in more business. After all, great service works from the top, and you are much more likely to represent your business in ways that will lead to satisfied customers and repeat business. A well-trained team of customer service professionals can reflect a positive corporate image, while also helping you to reach and keep customers.
We can further divide its importance into 3 different segments:
- Importance Of Customer Service In Marketing
- Importance Of Customer Service In Sales
- Importance Of Customer Service In Management
Importance Of Customer Service In Marketing
Customer service can be a key role in your marketing strategy as it attracts most potential customers. Here are some points:
Creates a Reputation:
By offering top-notch customer service, you are adding value to your company’s brand, strengthening your reputation in the marketplace, and showing, by example, that you care about the people buying your products or services. If your customers cannot trust you to deliver good products and services, then they have no reason to stick with your brand. Anything that is coveted that you can give to your customers will improve the level of appreciation that they will feel for your company, and therefore, for your offerings.
Helps In Customer Retention:
When your customers enjoy their experience using your products, they are more likely to spend money for repeated purchases. It is cheaper to acquire new customers, and the returning, loyal ones are more likely to purchase from your company as well.
Creates Word Of Mouth:
Businesses that have satisfied customers are safer in the long term because their customers are acting like a resource to them, and indirectly starting to promote their products amongst their friends, families, and other relevant individuals. Your customers become the most cost-effective form of word-of-mouth advertisement for your brand, as long as you give them the reasons to become one.
Customers Feel Valued:
Listening to customers who are telling you that there is an improvement they want, based on their experiences, is what will propel your business forward. Letting customers know you appreciate their importance is one of the best ways to gain their trust and trust.
If you make customers feel like you are unconcerned about their needs or concerns, that will be reflected in the audience’s perception of your company’s values and priorities. If your customers see you conducting surveys, tracking metrics, and collecting feedback in order to improve their experiences, that is what convinces them your brand is keeping customers as the number one priority. Customer satisfaction is important because it gives entrepreneurs and marketers metrics for managing and improving their businesses.
Customer Satisfaction:
Many businesses think about customer satisfaction as marketing speak that measures how the products and services a company provides are meeting or exceeding the expectations of customers. Since customer satisfaction plays such an integral part of overall business operations in an ever-growing company, it is essential to have a few metrics for customer satisfaction calculated and monitored. Satisfaction plays an essential role with regards to the amount of income that the customer is contributing to your company.
Importance Of Customer Service In Sales:
Customer service can even help you in increasing the sales of your product as customers love soft spoken and well mannered people who are always ready to help them
Increased Sales:
New users will have confidence in your sales team recommending products that really meet their needs, creating an easier shopping experience both for customers and for your employees.
When you prioritize the needs of your customers, their experiences will consistently improve during their buying journey.
Profitability:
Customer Service has a direct and significant effect on the profitability of your company, since your Customer Service Team acts as a first-line response to the needs of your customers, and is critical to retaining customers over the long-term.
Can Bring Collaborations and Partnerships:
Great customer service opens doors for new partnerships, particularly when other businesses see just how well you care for your existing customers. Good service does not only matter for the people who are already customers, but also potential customers.
Importance Of Customer Service In Management :
With better customer service comes great business management as well. Suddenly you will feel everything is going smoothly and on track.
Customer Loyalty:
When your employees see your business is focused on providing outstanding customer service, they are more likely to be advocates for the business. When other businesses see how well you are doing in terms of customer loyalty and brand recognition, they will want in on that.
Customer Experience:
Investing in your customer experience helps kick-start your sales pipeline, as devoted customers help you gain new customers, at no cost, convincing prospects to engage with your brand. This is key in keeping customers engaged and getting them consistently engaging with your brand.
Different customers are affected and stuck with the brand with just a positive experience, while just one negative one may send them running towards the competition.
According to a recent study, 60% of customers are unwilling to switch brands after just a single negative customer service experience, meaning that you have to deliver excellent customer service in order to keep customers around, as well as in order to gain customers over competitors. RightNow study revealed 89 percent of the people who stopped doing business with the company due to bad customer service switched to the competitors.
In fact, according to a Zendesk study, 84% of people said that customer service is essential in the decision of whether or not to purchase products from a company. While we know this is not always true, making customers feel that they are heard and taken care of appropriately will guarantee their loyalty and business. Customers should feel assured they are buying from the right place, and a trained customer service team can help achieve this.
Brand Image:
Your customer support team helps influence customers and communicate what you want your brand’s image to be. Great customer support does more than just put a smile on customers lips, it helps understand them, define your organization, and, more importantly, influence your bottom line. Loyal customers offer good testimonials and favorable online reviews, which help businesses reinforce their brands.
Conclusion
Customer service can be a key to making your business a successful business. You can compare it with a supporting actor on the big screen without whom the main actor’s performance would struggle.