Return to our Home page Search
Click here for the hotel and hospitality news from around the globe Hotel, Travel and Hospitality Articles Videos and in-depth Interviews
CONCIERGE DESK
Read more now
Read more now
Read more now
Are You at Risk of Losing Customers?
By Alan Fairweather
Saturday, 8th December 2012
 

Let me ask you a simple question; how many customers have you lost this month?

Is that making you feel just a teensy bit uncomfortable? I’m sure it’s not something you want to think about too much.

However it’s inevitable that you’ll lose customers and clients for a whole range of reasons, many of which are out with your control. That’s why it’s vital to keep finding and developing new customers.

Don’t let them leave

Finding new customers takes time and costs money, and I’m sure you’ve heard that it costs five times as much to find a new customer than it does to hold onto the ones you have.

So let’s consider how you get better at holding onto customers.

A recent survey suggested that customers leave a business for four basic reasons:

14% leave because they’re dissatisfied with the quality of the product or service

9% leave because of price

5% leave for other reasons such as they die, leave the area or have no further need for your product or service

And wait for it – A whacking great 72% leave because of “supplier indifference”

I loved that car

Let me give you an example of what I mean by supplier indifference.

A few years after starting my speaking business, the time came for me to trade in the basic (and much loved) second-hand Ford that I had been driving. The guy in the Mercedes showroom did a good selling job on me, and was a very happy boy with my new car.

But I never heard from that salesman or the car dealership again!

No one contacted me to ask if I was happy with my car. No one contacted me to ask if I wanted it serviced. No one contacted me after a couple of years to see if I wanted to trade it in for a new one.

Ironically, another Mercedes dealer kept sending me brochures and emails with details of their service and new models. So come the time to change cars, who was going to get the business? Certainly not the original car dealer!

Dare to care

Too many organisations give customers the impression that they don’t care about repeat business. I’ve stayed in hotels, dealt with banks and stores, and dealt with many suppliers who didn’t seem to care whether I came back or not. A member of staff at one budget airline recently told me, that if I didn’t like being delayed for two and a half hours then I could always go elsewhere.

We need to continually let our customers know that we care about them. We need to keep in touch, write to them, send them information and occasionally ‘phone them.

When they contact us we need to make sure we sound warm and friendly, pleased to hear from them, efficient and maybe even look and sound like we’re fun to do business with.

It’s not a lot different from our personal relationships. If we don’t keep telling the people close to us how much we care, or keep writing and ‘phoning, then we shouldn’t be surprised if they leave us one day.

Remember the saying – ‘When should you tell your other half that you love them? Before somebody else does!’

Use logic and emotion to keep customers. Give them the best products or service and give value for money. However, always remember, your competitors will be doing much the same thing. The difference will be determined by how you communicate either face to face, on the ‘phone, by letter or email.

Overall, customers just want to feel good. They want to feel better after they’ve dealt with you or anyone in your business, than they did before. If you can create that feeling, then you’re well on the way to keeping your customers.

4Hoteliers Image LibraryAlan Fairweather, “The Motivation Doctor,” is an International Speaker, Best Selling Author and Sales Growth Expert. He will reveal how to – motivate your customers, motivate your team and motivate yourself!

For the past seventeen years, he’s been developing the talents of Managers, Sales and Customer Service people, and turning them into consistent top performers.

Alan is a specialist in the Banking, Financial Services, Retail, Real Estate, Telecommunications, and Hospitality Industries. His inspirational and  entertaining, seminars are delivered in the UK, Singapore, Indonesia and Vietnam.

www.managedifficultpeople.com

Advertise with 4Hoteliers.com ...[Click for More]

~ Important Notice ~
Articles appearing here contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.

 Related Articles  (Click title to read)
Neurohospitality: A Superior Link in the Development of the Industry?
When Deployed Correctly, Courtesy Holds Can Help Upscale Hotels & Resorts Close More Inquiries.
How to Generate More Reviews, Followers and Engagement on the Social Web
Discover the Cure for Cranky Customers.
 Latest News  (Click title to read article)
Global corporate bookings set new growth record
Thursday, 23rd May 2013

Kempinski reflags the Gran Meliá Hotel Shanghai
Thursday, 23rd May 2013

ONYX to operate property on Bali
Thursday, 23rd May 2013

Banyan Tree opens the first spa in northern China
Thursday, 23rd May 2013

Global factors are strong drivers of Asia hotels revenues
Wednesday, 22nd May 2013
 Latest Articles  (Click title to read)
How Can I Help You?
Thursday, 23rd May 2013

A Restaurateur’s Guide to Successful Digital Marketing
Thursday, 23rd May 2013

3 Ways To Manage Your Recruitment Software
Thursday, 23rd May 2013

Who Are Next Generation of Luxury Travelers?
Wednesday, 22nd May 2013

Faced With Overload, a Need to Find Focus
Wednesday, 22nd May 2013
 Most Read Articles  (Click title to read)
The Emotions of Hospitality
Global Update: Who's Where and Doing What - Feb 2013
A Blueprint to SEO Success
Luxury Hotels Use 'Scent Memory' to Lure Guests
How to Leverage the Big Picture: A Snapshot of Visual Social Media
 Useful Links  (Click company to visit)
A-Listings - Get your URL listed @ 4Hoteliers
www.4hoteliers.com/4hots_mshw.php?mwi=9

Connect to us at LinkedIn
hk.linkedin.com/in/4hoteliers

Customized Hotel & Restaurant Equipment
www.forkandchopstick.com

Digital Innovation Asia Conference - April 2013, Bangkok
www.digitalinnovationasia.com

Follow us on Twitter!
www.twitter.com/4hoteliers

Hospitality Consultants ~ Lifestyle Concepts
www.lifestyle-concepts.com

Hospitality IT & Technology
www.nonweiler.com

ITB 2014 Marketing
www.4hoteliers.com/news/story/9725

Luxury Hospitality - June 2013, Lausanne
www.luxuryhospitalityleaders.com

Private, luxurious holiday villa in Valbonne
www.villa-valbonne-biot.com/en

Rotana Hotels
www.rotana.com

Sayang - For True Wine Lovers
www.sayangwines.com

TV4Hoteliers.com - Live Interviews
TV4Hoteliers.com

Wynamics ~ Working the Dynamics of Wine
www.wynamics.com

ZIXI - Your Asian Partner: Advisory - Sourcing - Project Management - Market Entry
zixi.hk


© Copyright 4Hoteliers 2001-2013 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here

Use of this web site is subject to our
terms & conditions of service and privacy policy