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Sure Ways To Retain Your Customers by gridmagngr: 1:43pm On Feb 09, 2018 |
There is no doubt every business setup and industry has its own peculiarities. And it shouldn’t be taken for granted. As small-business owners or managers, we desire steady inflow of clients. But when things are not going the way we expect, we get into the panic mode. However, some businesses still get it right. They have actually found a way around maintaining a steady inflow of customer. So, lets see how you can retain your customer’s interest into the future? 1. Improve your skills with quality products Your honed skill or competence would make up for other weaknesses. Therefore you must strive for excellence in delivery. Be an expert in your niche then you will have customers that will gladly use your products and services, if they fall within acceptable standard. And they will be more than happy to spread the word. You can charge premium on your own terms. Your expertise gives you control over your business to a certain extent. 2. Know your limitations From the outset, you must have a solid and clear idea of what your business model ought to be. It means, how you want to operate and engage with your customers. There might be some modifications over time, though. The amount of resources at hand should be in tandem with what your business can offer. Know the factors that work for your business and you as a business owner. This will dictate at which level you want to run your business and yet make it profitable. You must know the customer segment that you are capable of serving. You can’t serve all consumers in your industry. 3. Watch your profit No matter what you do or plan, your finances must be well understood. No matter how basic or sophisticated your business is, your total expenditure must always be less than your revenue. And this is profit! If your revenue cannot be shot up fast enough, then you need to control your cost base line because if you increase your selling price or fees every time due to the mismanagement of your running cost, your customers would move elsewhere with time. For more, read up @ http://gridnigeria.com/sure-ways-to-retain-your-customers/ |
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