Improve customer experience and reap the rewards

Friday, 09 March 2012 11:58

Improve customer experience and reap the rewards

Improve customer experience and reap the rewards

Customers are the key to good business, which is why it is important to keep them happy at all times. One way to do this is by giving them customer incentives, and improving their experience with you can benefit your firm in the long run.

Giving your clients and buyers rewards every so often works wonders in not only raising awareness of your company among those who have yet to use it, but also boosting loyalty among customers you already have.

If people hear that you are providing customer rewards, they will be interested to hear about what you are offering, shining a light on to your other services as well.

Similarly, customers who think you might provide gifts again are bound to stay in touch and offer you their service in the meantime, which means you can benefit from increased sales figures when you're not providing a promotion, as well as during the periods you are.

There are many different reward schemes you can choose from, and you might be interested in offering gifts to those who have shown you loyalty in the past.

Hand out gift vouchers to those who have used your business on occasion, as they will then be tempted to make the most of your services again, thinking they could benefit from more discounts in the future.

Alternatively, you could introduce a points system, whereby they can receive a reward if they accumulate more points and achieve a higher score. This may even encourage people to buy a greater amount of products or use your services more often, simply so they can boost the number of points they have.

Another great way to give your business a boost is with sales promotions. These schemes are effective in that they drive more business to your company, incentivising people to take advantage of vouchers or discounts in order to get a great deal.

Gift cards and vouchers are particularly worthwhile, as they are bought as presents by regulars for other people – therefore, you have the opportunity to increase your customer base by encouraging those who know about you to spread the word to those who don't.

By having to use these cards with your firm, you will not only guarantee sales but also raise awareness of your business, which could have positive effects on your profits in the future.




Finance articles

  • Top 5 uses for employee incentive schemes

    A well-designed incentive scheme for employees is a good way to motivate staff and help your company move towards its goals. There are a number of different ways they can be used and, if you pick the right ones, you will find such programmes are a cost-effective way to improve performance.

  • Low cost ways to improve employee benefits schemes

    Opportunities to reward your workforce will be in short supply if your company has been hit by the recession. However, there are still some small steps you can take to improve employee benefits packages without putting too much financial strain on the business.

  • Why set up a staff retention scheme?

    Staff retention is an issue all companies have to deal with, as losing key workers is both expensive and disruptive. There are ways to reduce the number of employees who leave and not all of them will break the bank.

  • How should staff reward schemes be organised?

    With money tight in the current tough economic climate, companies are looking at alternatives to pay rises to keep their employees motivated. Among the options to consider are staff reward schemes that demonstrate to workers that they are valued by the business.

  • What do customers look for in a business?

    With many people finding it difficult to manage their finances in the tough economic climate, it is easy to assume that price is the only factor that can help attract the public to your business. However, you may be surprised to discover how important service is to customers.

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