14th November 2016

‘The customer is always right.’ It’s an old adage, but it still holds true. Don’t believe us? In this post, we’re sharing 10 powerful stats that prove the point once and for all.
As you can see, inadequate customer service can have a big impact on your company’s bottom line. Keeping customers happy is a major priority and nothing makes customers unhappier than being told they’re wrong. By treating your customers with the dignity and respect they deserve, and taking their issues or concerns seriously, your organisation is more likely to win their goodwill and retain their custom.
Some companies think that they can make up for poor service with low prices. However, as this statistic makes clear, for the majority of consumers, low prices are not enough. Instead, listen to your customers and aim to achieve a balance between service and cost, even if you’re predominantly catering to people on a budget.
The consensus among customers is clear: generic sales pitches are a dud. Not only can most consumers recognise a generic pitch when they hear it, but they actively dislike it and are less likely to make a purchase as a result. So don’t disregard your prospects’ feelings. Instead, respect their preferences and personalise your pitches.
Your customers know how they want to be treated by your sales team and, as the above statistic demonstrates, they don’t want to feel heavy-handedly pushed into making a purchase. So, accept your customers are right about this, and make sure your sales staff are trained to use a softer approach to selling.
Customers are growing increasingly comfortable with making purchases without the help of a sales rep, with more people than ever researching products online, enjoying virtual product demonstrations and webinars, and completing the sale through the website. It is your organisation’s responsibility to listen to your customers and provide them with the tools, information and functionality they need to self-fulfil a purchase or else risk losing their business.
As this figure shows, customers in the UK feel no regret about walking away from a company that has failed to provide the level of service they expect. While there are many factors that can contribute to a bad customer service experience, it is undeniable that customers who feel that their concerns or issues are not being treated with the seriousness they deserve are likely to vote with their feet.
Again, the statistics above demonstrate the possible negative repercussions of not taking your customers’ concerns seriously. From formal complaints to the loss of an entire social network’s business, the impact can be severe. By believing that your customers are always right and doing whatever you can to assist them, the likelihood of this nightmare scenario becoming a reality reduces significantly.
Conversely, it is also worth remembering the positive effects of good customer service. As the above stats show, listening to your customers and treating their opinions with respect can help improve customer loyalty, increase revenue and lead to referrals, all of which are great for your business’s bottom line.
As a business, you should be where your customers are. And your customers have spoken: they want you to be on social media. This is a double win for brands, as it not only gives them a new platform with which to engage their customers, but also means they can provide customer service across a channel that is actively preferred by a growing number of consumers.
Of course, social media can be a double-edged sword, as it gives customers a whole new channel upon which they could air their grievances. Before social media, an unhappy customer might complain about a brand to their close friends or family; now, their angry words could reach hundreds or even thousands of people. So treat your customers’ concerns as valid or else risk earning their (very public) wrath.