Reference no: EM132380675
Question
1. A CUSTOMER'S PERCEPTION IS THEIR REALITY
The first reason stems from "The customer is always right" school of thinking. Of course they're not, sometimes they get things very wrong. Regardless of this though, customers are generally key to your business success and you are responsible for their perception of your business and services and of course - their perception is their reality...
2. IT'S EASIER TO KEEP YOUR CUSTOMERS HAPPY THAN ATTRACT NEW ONES
You know this one right! So much money is spent (or should I say wasted) on trying to attract new customers to a business when all you really needed to do was to keep the existing (or your now ex) customers happy. This works well in two ways, one clearly when you keep your original customers you stop the churn and reduce the need to acquire more. The second way it works is by giving them a great customer experience they can work positively for you though word of mouth and referrals.
3. COMPLAINTS SPREAD LIKE WILDFIRE ON THE INTERNET
And speaking of word of mouth, reason number three is an example of what can happen when you don't look after your customers and the word of mouth turns into bad press. We have never been more connected than we are today, what was once a case of people sharing a bad situation with 10 friends now can potentially be a post going viral though social media highlighting your poor service to millions of people - the now famous United Airlines guitar incident is a great example of this and the internet is flooded with them.
4. WITHOUT CUSTOMERS WE DON'T HAVE A BUSINESS
Ok so this one is a bit of a no brainer! I don't know of any businesses that do not have a customer of some sort and in some form. They may be internal customers working for your business or the more traditional customer who purchases from you. Regardless, they are important, you need them and the success of your business or your role in the business depends on them! A great practice to get into is asking yourself - "who is my customer here?" and then plan your action accordingly.
5. BRANDS WIN OR LOSE BY HOW WELL THEY WOW CUSTOMER
Once you've identified your customer, then put yourself in their shoes and ensure that whatever you are doing is correctly "customer focused". A good place to get this right is to start with some Customer Segmentation. You should understand the different types of customers you deal with and tailor your approach to them. Once you understand your customers you can really start to WOW them.
So if you ever find you or any of your team thinking or saying "That's not how we do it" then chances are you're not always putting the customer first.
In his article " 5 Reasons Why the Customer is King" , Rosenbrook demonstrated that many reasons could justify why we should believe in "the customer is king" perspective especially when it comes to marketing and continuous improvements plans.
Read the article from link provided, understand the author`s point of view, and place yourself at the king customer standpoint by choose one
product or service that are existed in the Saudi market, using the blackboard explain the below aspects:
1- Choose one product or service you are using frequently and you think it needs more improvements to match your expectations
(Identify of product or service name, its company, brief summary about its features, target customers, its price compare to others)
2- Using your personal judgment and educational background as business major student, evaluate the chosen product or service.
Describe three high quality specifications in your product or service, and three drawbacks that need to be improved.
3- Assuming that you are meeting with the quality manager responsible for the product or service chosen, suggest at least three plans that can enrich the quality level.
Suggest action plans that clearly explain what are the changes, who is responsible for undertaking the improvements, how these changes can benefit you as a customer.
4- What could be the most effective organizational structure (Hierarchical, matrix, cross-functional, product or process based structure)