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Client
Loyalty Is Earned...Not Bought
loyalty:
faithfulness
to commitments and obligations
The best way to earn client loyalty is by looking after your
clients ...providing them with the best service that you possibly
can.
Valuable
& Important
Satisfied clients are the best...and least costly...source of new
business.
Once you have helped them them by satisfying their needs
and wants and perhaps even exceeding their expectations, they
will hire
you again.
Satisfied clients will also
recommend you and refer prospective clients to you.
Faithful clients represent a significant lifetime value and drive
your permanent pipeline of clients.
Not surprisingly, every successful business from a one-person
operation to huge multi-national corporation recognizes the value and
importance of faithful customers.
Most maintain some form of a rewards
program to recognize and retain dependable customers.
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Customer
Reward Programs
Some of these programs are very basic.
At a local coffee shop where I purchase coffee beans,
a clerk records each of my purchases in a
3-ring binder. Each time, he reminds me that after buying 10 pounds, I
will receive one free pound.
Others such as Air Miles Rewards operate very sophisticated
world-wide programs that offer customers gifts or free services for
continuing to purchase from selected purchasers.
Regardless the simplicity or complexity of individual programs, or
the nature of the rewards...customer loyalty programs serve 2
purposes.
One is to thank customers for their repeat purchases.
And the other is to encourage loyal customers to continue to buy from
individual businesses that reward them for their purchases.
Without a doubt, customer rewards programs are important and
valuable
marketing tools.
However from the perspective of personal services such as real estate
sales, it's more effective...and less costly...to earn client
loyalty...through your great service...than to buy it though rewards
and gifts.
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How To
Earn Client Loyalty
The moment you are hired is when you start
working to earn your
clients' ongoing trust and loyalty.
But you can't generating faithfulness by going after
it directly...it's a
reward that clients give you... for helping them.
You earn this reward by recognizing that each client is unique...and
by helping individual clients meet their own needs and wants.
You can also earn your reward by providing all clients with the best
quality service that you possibly can....and by remaining
faithful to
your commitment to help
them with with their transactions...for as long as it takes.
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Keeping
in Touch
Although your contractual obligation to clients ends with the
successful closing of their transactions, your professional
obligations can and should be extended well beyond closing.
All clients will benefit from your professional opinion on an ongoing
basis.
This is especially true in changing economic and market
conditions.
By keeping in touch with your clients,
you continue to serve them and demonstrate your commitment to
them.
Iin return they will reward you with their loyalty...and
the new business that it generates.
In effect...you get back what you give out.
What a great reward for being faithful to client commitments and
obligations.
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