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Importance of customer service care in a business
Importance of customer service care in a business
Importance of customer service care in a business
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Since I work at TD Bank, we are a bank that is extremely focused on “banking human” and “WOWing” all of our customers. Customer service has a great impact on all businesses because it is the determining factor on whether a customer is more likely to return in order to increase business. At TD Bank, we are trained to focus on profiling a customer’s account and to make sure that they are in all of the best accounts that suit them. We are also trained to introduce ourselves while using the customers name during a transaction to make it more personal. Another way to make it more personal is that we are a very open bank and are not aloud to have those glass windows separating us between the customers. We typically spend at least 4-5 minutes with …show more content…
Providing customers with legendary service means to give the customers the proper assistance and advice when needed. This means focusing on what matters to customers and giving customers what they want. Even though it may be annoying for the business and the employees at times, the customer should always be able to leave that business satisfied. Creating services and continuously making new products due to societal changes will enhance the business and make the service better. At TD, we are always making new products and new changes to go with the society. For example, mobile banking is a benefit and very convenient to customers who don’t have the time to go to a bank or ATM. You can now take a picture of your check through your phone and deposit it through the app! We also always make 100.00 dollars of any check available immediately instead of the entire check being on hold. Another convenient service that we provide is having a debit card machine on hand. Reprints of debit cards are also free, and there is no wait! At TD, instead of having a debit card mailed to you, we have a machine that will print you a card immediately. TD truly does focus on customer service; it really is a human friendly
TD has established a formal process for taking care of complaints and has solicited effective feedback measure by phone and online. These procedures were all accomplished by the newly founded Ombudsman office which is an independent body internally in charge with specifically reviewing customer complaints. The goal for this office is to alleviate the communication process between customers and other facets of the TD Bank Group in Canada such as TD Finance and TD Wealth (Office of the Ombudsman, n.d.). Customer service from TD is one of the multitude of competitive advantages that it has and it is because of the effectiveness of these recent implemented measures that look fairly
Without good customer service and keeping your promises, your company would have loyal customers. According to 5 Focusing Steps, “If you’re not yet sold on the idea, consider that a 2 percent increase in customer retention has the same effect as decreasing costs by 10 percent. Not only that, but it costs over six times more to get a new customer than it does to keep one.” Customer satisfaction should be a golden rule of all companies.
The customer support and customer service functions are more than departments; they are part of an essential strategy for growing your business. In the modern business climate, customers expect answers to their questions immediately. When the right information is available anytime, from anywhere in the world, customers are more likely to have a positive experience, thus customer loyalty will be increased. It is a known fact that the cost to obtain a customer is ten times higher than to maintain and keep existing customers. (Gouran, Dennis, W.E. Wiethoff, & J.A. Doelger. (1994). Mastering communication. 2nd ed. Boston: Allyn and Bacon.) Not in Reference Pg.
Growing sales through service: TP came up with new methods to satisfy customers. Furthermore, employees got trained on acting in customers favour.
American Express has been known as a commodity to most business travelers. In order to build its customer base, other consumers need to see the card as an indispensable convenience in their lives. American Express offers convenient methods to obtain account information, pay bills, find discounted products, and even make travel plans via the Internet. The Internet site offers these options, as well as other services, such as on- line help and assistance for small businesses. American Express realizes the need for many consumers to save time and money, but to still feel important and respected. The ingenuity and thought put into the services offered on the web site shows that American Express is genuinely concerned with the satisfaction of its customers.
First, when shopping, a big factor that will impact a customer 's experience is the customer service. Whether it’s from a simple “hello”, or an employee going out
Strive to earn customers’ long-term loyalty by working to deliver more than promised, being honest and fair to provide exceptional personalized service that creates a pleasing business experience.
I have experience working at Target as well as daycare centers and summer camps. These are places where customer service is very important to making the customer's experience enjoyable. At Target, I was a cashier, a position that require the most customer interaction. I enjoyed working at the cash register because it allowed me to interact with different people from different backgrounds. Usually, cashiers are required to worry about speed; however, I wanted to engage in conversation with the customers. I often asked, " how was your experience?" or " Did you find everything ok?" Many times customers would reply " it was great, but I was looking for... and could't find it." Cashiers weren't required to know where products were located but because
Initially the bank’s core banking system was product oriented, but the need of the hour was to develop a customer oriented system, because the challenge is to build customer loyalty, cross sell, and enhance repeat business.
Providing great customer service and having the ability to retain customers require consistency in delivering the anticipated services. Customer service encompasses having the ability to provide a service or product to customers by means in which it was promised. However, there are times when unforeseen circumstances may occur, resulting in customer service breakdowns. Understanding the effectiveness of customer service relations provides the assurance needed to handle complicated service related issues. A well qualified customer service representative has the acquired skill to effectively defuse a potentially damaging service related matter. Service recovery influences customer retention and improves customer satisfaction.
...stomer service is essential in any organization. Its importance has positive implications on the business. Having an excellent customer service will motivate the organization’s employees. This will result in a win-win situation because a happy employee is a productive employee. When a motivated employee helps customers he/she will ensure that the customers are satisfied in a way that exceeds their expectations. These customers will then go out in to the public and share their experience with friends who will eventually patronize the business. In the long run the business gains more customers and increases its profits. Therefore, every organization should attempt to implement and preserve an excellent customer service strategy. This will give the organization a competitive edge above other organizations and establish a reputable image every business entity long for.
Customer service by definition is the ability of knowledgeable, capable, and enthusiastic employees to deliver products and services to their internal and external customers in a manner that satisfies identified and unidentified needs and ultimately results in positive word-of-mouth publicity and return business (Lucas, 2012, pg.7). In other words, it’s making the customer pleased so that they keep doing business with you all while making sure that the employees get along and work together well. In every business there is a form of customer service. Unfortunately, it is not always excellent or even decent. Some businesses just either don’t care or possibly just don’t have the training to deal with some of the obstacles that come with dealing with customers on a daily basis. I’ve been in the restaurant business for over 13 years and I can tell you that there are skills that some are born with and others need training on, yet either way they should be used whenever interacting with customers.
A few decades ago, businesses considered customer service as an unnecessary expense. Now, companies view it as a competitive advantage in the marketplace.
“Customer service is the experience we deliver to our customer. It’s the promise we keep to the customer. It’s how we follow through for the customer. It’s how we make them feel when they do business with us. -Shep Hyken”. (Morris). Most people know that there is inadequate customer service and excellent customer service. What separates the two? The way you take care of your customers is what will separate the two. If one has attitude and treats the customers in a way that they do not matter most likely they will not come back to the company one works for. Therefore, the company is losing sales. One main
Communication modern technological tools that have been enhanced by Information Technology are having an impact on changing the very structure and communication of banking. That is, clients are enabled to make their banking transactions whenever and wherever they want. Bank clients, by just logging on their online account, can transfer any amount of money from their account to any other account, check their last processed banking transactions and apply for loans and other banking services. According to Keyes ( 2000, p.591) 'electronic checks provide consumers with the benefits of convenience and safety while allowing billers to maintain their existing depository relationships with their banks'. Further, e-mails has enabled bank employees to notify their customers of any new enhanced bankin...