Why Customers Leave (and How to Win Them Back)


Book Description

+++ Named One of Forbes Top 10 Books Of 2019 +++ "If you have become tired of spinning your wheels and watching clients leave without warning, this book will show you how to foster genuine interactions, such as through video, rather than pursuing one-off 'wow' moments." --Forbes Discover the 24 reasons people are leaving you for competitors and how to win them back. In Why Customers Leave, popular customer experience and marketing speaker David Avrin makes a compelling case for customer experience as a bankable differentiator in an era of vast marketplace choices. The book lays out the very visible reasons for the recent shift in customer mindset and expectation, illustrates the myriad ways that companies inadvertently drive customers and prospects to competitors, and offers a multitude of creative strategies and tactics to attract and retain new prospects. In the book, David explores and articulates the disturbing new dynamic that has arisen from easy-to-find, one-click-away, at-your-fingertips options: “We have become a world of impatient, intolerant and demanding customers, and we move on quickly if inconvenienced in any way. Don’t blame the millennials! We have seen the enemy, and it is all of us.”




Customer Winback


Book Description

Most firms consider the lost customer a lost cause. But in this ground breaking book, Jill Griffin and Michael Lowenstein provide you with step-by-step solutions for winning back lost customers, saving customers on the brink of defection, and making your firm defection proof. Whether your business is small or large, product- or service-based, retail or wholesale, this book offers proven strategies for recognizing which lost customers have the highest win-back value and implementing a sure-fire plan to recover them. It includes the techniques of hundreds of innovative companies who are already working to recapture lost customers and keep them loyal. In today's hyper-competitive marketplace, no customer retention program can be entirely foolproof, but with this guide gives you today's best methods for winning back those customers you simply can't afford to let go.




Winning Back a Lost Customer


Book Description

Lost customers are not lost causes. Learn why customers leave?and how to win them back.




How to Win Customers Back


Book Description

How to Win Customers Back: Proven Strategies To Retain Existing Customers And Keep Them Loyal Uncover the Secrets to Resurrecting Customer Loyalty! In the competitive arena of business, losing customers is not just a transactional setback; it's a painful blow, a haunting question of what went wrong. If you've ever felt the pain of customer loss, the agitation of watching your hard-earned clientele slip away, then "How to Win Customers Back" is your roadmap to redemption. Enter "How to Win Customers Back," your definitive guide to customer resurrection. This ebook is not just a collection of strategies; it's a compendium of proven, actionable tactics to win back lost customers and fortify your customer base.




Summary of Customer WinBack – [Review Keypoints and Take-aways]


Book Description

The summary of Customer WinBack – How to Recapture Lost Customers – And Keep Them Loyal presented here include a short review of the book at the start followed by quick overview of main points and a list of important take-aways at the end of the summary. The Summary of Keeping a happy customer base shouldn't be as difficult as herding cats, but it often is. Customer WinBack explains how businesses can recognise clients who may be leaving and re-engage with them so that they don't disappear from their customer databases. In addition, by putting these shrewd strategies to use, companies can refocus their attention on their current clientele in order to reduce expenses and increase revenue over the long term. Customer WinBack summary includes the key points and important takeaways from the book Customer WinBack by Jill Griffin and Michael W. Lowenstein. Disclaimer: 1. This summary is meant to preview and not to substitute the original book. 2. We recommend, for in-depth study purchase the excellent original book. 3. In this summary key points are rewritten and recreated and no part/text is directly taken or copied from original book. 4. If original author/publisher wants us to remove this summary, please contact us at [email protected].




Winning Back a Lost Customer


Book Description

It can be frustrating to lose a customer, especially when you've spent a significant amount of time, money, and energy acquiring them. But lost customers are not lost causes. In fact, it's often easier to win back a lost customer than seek out a new one. Join bestselling author and customer relationship consultant Noah Fleming, as he explains why customers leave-and how to get them back. Learn how to create an alarm system to lose fewer customers in the first place, and use Noah's three-step system to earn back their business.




Customers Only Want Two Things


Book Description

Winning truly LOYAL customers can make or break your business or non-profit, and loyalty is much different from mere satisfaction. This groundbreaking book is packed with practical tips and tools for winning loyalty in both your customers and among your own staff. Your loyal customers do four things: 1) They come back, 2) They buy more or use more of your services, 3) They refer their friends and 4) They offer suggestions and feedback. You will learn how to master the two things that customers want: 1) Solve my Problem, and 2) Leave me Feeling Great about the Experience. It is the second factor where you win the most loyalty because customers expect you to solve the problem and many competitors already are. How you leave them feeling is the winning ticket. You will learn practical ways to measure the loyalty of both your staff and your customers. A chapter on leadership as a "force multiplier" emphasizes the critical role leaders play in creating a culture that wins loyalty in staff an




The Problems With Companies Having Poor Customer Service, How Companies Can Enhance Customer Service, And Strategies For How Brands Can Win Back Lost Customers


Book Description

This essay sheds light on the problems with companies having poor customer service and elucidates how companies can enhance customer service. Moreover, strategies for how brands can win back disaffected customers is delineated in this essay. It is almost inconceivable to fathom that a preponderance of frontline employees do not care about providing stellar customer service even though their brand's longevity and profitability depends on the quality of their resourcefulness in assisting the customer. The cost of a company having eminently poor customer service is quite devastating in the long haul to the company's profitability. Furthermore, offering subpar customer service can adversely impact a business in multiple facets beyond comprised profitability. Poor customer service not only elicits negative brand recognition, a comprised brand reputation, the loss of brand loyalty, the forfeiture of future lifetime customers, and a reduction of brand equity, but can also lead to higher employee turnover rates. Moreover, offering abysmal customer service not only culminates in reduced employee morale, but also causes negative word of mouth about the brand to be rapidly disseminated on social media websites. "Inefficient customer service instances can transpire when even part of time is spent arguing with customers. This will almost always lead to unsatisfied customers. Treating customers without any respect and leaving their issues unresolved is one the fastest way to become 'infamous' for having the most terrible customer service" (Olga, 2017). It is estimated that in the United States alone, over 83 billion dollars of potential sales revenue each year is forgone due to customers receiving poor customer service (Olga, 2017). Irate, incompetent, and argumentative customer service representatives contribute to tarnishing a brand's reputation and having their company succumb to negative net losses. Enhancing customer service goes beyond providing additional training to customer service representations to ensure that customer service quality is being maintained. Brands also need to offer "a quick resolution to any complain and should not leave any negative feedback nor complaint unresolved" (Olga, 2017) since circumventing addressing the outstanding issues only exacerbates the problem. Proactive recovery measures can be leveraged to cultivate customer brand loyalty. Customer service representatives need to have the competence, knowledge, and ingenuity to help mitigate customer issues and immediately rectify them as soon as they emerge. Customer service representatives should be empowered to offer incentives to win back the customer's loyalty, especially since implementing customer acquisitions strategies to acquire new customers can be far more costly than prioritizing investing in customer retention strategies to retain existing customers. Companies that make mistakes should be transparent to their customers and take full responsibility for the outstanding customer issues. Companies should subsequently attempt to remedy the calamitous situations they encounter by implementing customer driven solutions. "A proactive approach coupled with efficient customer service will help to solve the issues and win customers' loyalty. And such little things as a sorry note, present or additional discount can help form a positive rather than another negative customer experience" (Olga, 2017). Managers and leaders should make themselves readily available to customer service representatives so that frontline employees can expeditiously approach them with pivotal inquiries which can help preclude future mistakes from transpiring. In order to further improve the quality of the customer service experience, managers can audit their employees to not only identify areas of weakness, but also to ensure that customer service standards are being upheld. Managers can provide them with an evaluation score and insights on how they can drastically improve.




WHY CUSTOMERS LEAVE.


Book Description




Customer Relationship Management


Book Description

This book balances the behavioral and database aspects of customer relationship management, providing students with a comprehensive introduction to an often overlooked, but important aspect of marketing strategy. Baran and Galka deliver a book that helps students understand how an enhanced customer relationship strategy can differentiate an organization in a highly competitive marketplace. This edition has several new features: Updates that take into account the latest research and changes in organizational dynamics, business-to-business relationships, social media, database management, and technology advances that impact CRM New material on big data and the use of mobile technology An overhaul of the social networking chapter, reflecting the true state of this dynamic aspect of customer relationship management today A broader discussion of the relationship between CRM and the marketing function, as well as its implications for the organization as a whole Cutting edge examples and images to keep readers engaged and interested A complete typology of marketing strategies to be used in the CRM strategy cycle: acquisition, retention, and win-back of customers With chapter summaries, key terms, questions, exercises, and cases, this book will truly appeal to upper-level students of customer relationship management. Online resources, including PowerPoint slides, an instructor’s manual, and test bank, provide instructors with everything they need for a comprehensive course in customer relationship management.