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7 Simple Cost Cutting Ideas
Unique ideas you can put into practice!
Today's market is rough, so all of us are looking for ways to cut costs. Here are just a few that you can try for yourself:
1. Shared plans with cell phones.
If you have a cell phone that offers...
8 Steps That Can Help You Protect Your Personal Identity And Financial Information From Fraud
Financial fraud and identity fraud are one of the fasted growing forms of fraud. The first line of defense to protecting yourself begins with you. Here are some steps you can take to help you protect and fight against financial and identity fraud.
...
Getting a credit card is a big responsibility
Owning a credit card can be quite an advantage. Whether making online purchases, booking an air ticket or a hotel room on the phone or simply being in need of some emergency cash, having a credit card can be a big help. However, getting a credit...
Local Search: Getting More Exposure for Your Business
You've got your website, your business cards, your listing in
the Yellow Pages, your SEO, but what are you doing for Local
Search optimization?
Local and Mobile Local Search evolved because they were market
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The Smartest Way to Buy Auto Insurance (Part 1 of 4)
The Smartest Way to Buy Auto Insurance (Part 1 of 4) Look at a Lot More Than Just COST, Because Comparison Between Companies is Meaningless Without Research on These Three Topics for Each Company You Are Considering: 1.complaints filed with your...
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Customer Focus - Just 5 Simple Things You Need to Think About
In all the businesses we conduct, there are customers. And they are the life-blood to us. It's TRUE! Despite all the million and one things we are doing - we've got to have paying customers! Nevertheless, just five things will dictate success or failure. Have you got them right?
You can boil down the difference between successful businesses and the rest in how they work with their customers, in just five areas.
So, what does this mean?
- What They Want
Selling what your customers really want is just critical. Being on good enough terms with your customers to research, (hey maybe just by chatting with them - radical idea, huh?), helps you find out how you can best serve their needs.
- Price is Right
By balancing the kind of pricing you want to offer with exceptional service levels, there is a fascinating calculation to be made. Prices rock-bottom with inadequate attention to item 5 are not likely to bring profitable consumers rushing to your door. Providers have an ongoing dance between price and service - be aware of it. It is not possible to sustain your business with lowest prices and poor service.
- When They Want It
In the internet world, availability of your goods and services is measured critically far more than ever before. You may not need to be 24/7, but you certainly need to be aware of it. More traditional customers are also becoming more demanding. So businesses need to be especially sensitive to the hours they trade, whether they sell goods or services, by stores and/or phone.
- Easy To Buy
With the advent of the internet, making it easy to purchase is vital. Why not make purchases
from the comfort of your home study or workplace office? So having your people who are available, exactly when your customer wants them, to make payment for goods and services relly easy is a serious point worth considering. Even in shops, the sensitivity of simply having staff focused on delivering the very best of attention is critical. Every day there may be threats to different shopping channels, so the adage that you 'only have one chance to make a first impression' is becoming ever more important.
- Trusted Follow Up
By ensuring that you have all your ducks in a row so far, sustainably building whatever business you are in, is vitally dependent on how you handle ongoing customer service. Indeed if you are only focusing on a one-time purchase, then, frankly, you are not going to have much of a future. Repeat business is very inexpensive for you, so an investment of post-purchase excellence is very worthwhile.
By focusing on these five elements, teasing out the consequences with your management teams, you will have a great chance of making business progress. If you choose not to take the time to analyse what you truly need to do, there will be a jeopardy for you in the not to distant future.
About the Author
© 2005 Martin Haworth is a Business and Management Coach. He works worldwide, mainly by phone, with small business owners, managers and corporate leaders. He has hundreds of hints, tips and ideas at his website, www.coaching-businesses-to-success.com. (Note to editors. Feel free to use this article, wherever you think it might be of value - with a live link if you can).
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