How customer loyalty is preferred over satisfaction


Alice

If you make your customers happy, then they are satisfied; but that is not the same as loyalty. Loyalty requires working on these satisfied customers, giving them excellent, high quality service, forming a relationship with them to find out exactly want they want, how it can be delivered to them in the best possible manner, and consistently providing your service that exceeds their needs.

It’s a bit like marketing and sales. Sales will make your customers (and business) immediately happy, and therefore satisfied; marketing works on a higher level, and helps maintain that satisfaction to transform it into loyalty, a long-term process that assesses how to provide added value, nurturing customer relationships to supply an excellent experience, pre-empting their needs and desires in advance or making the solutions to their problems available whenever required.

Of course it’s much easier to maintain loyal customers than to get new, satisfied ones. It’s that 80/20 rule, 80% of your business will come from 20% of your customer base, the loyal ones. Provide 80% of your business to everyone, but retain the most valuable 20% for your most loyal customers, to make them feel special and to engage with them on their particular level.

Work with that top notch customer criteria, satisfy them to the utmost level, and they will transform even higher to become raving fans. Then you know you’ve cracked it, as they will become your branding ambassadors, spreading the word about your business and what it provides to an even wider audience.

So what does your business provide for your loyal customers? What added extras do you deliver to maintain a relationship with your most valued customers to keep them in tip-top condition and consistently returning for more?  What’s the best possible customer experience you can offer that sets you apart from your competitors, goes way over the top in delivering that experience, and treats them like royalty in return for their loyalty?

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One Response

  1. I cannot agree with you more. Good customer service is the key to keeping a happy customer and a repeat customer as well. It is way easier to service current customer than to have to constantly be on the look out for new customers.

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