How to Develop a Relationship with Customers For a Product

287 words (1 pages) Business Question

12th Jun 2020 Business Question Reference this

Tags: BusinessProductConsumersQuestionsCustomer Experience

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Question

How would you go about developing a relationship with your customers for the product?

Answer

Creating and maintaining a strong relationship with a customer is vital to the ongoing success of a business. By having a strong customer relationship will not only encourage repeat custom, but it also means that the chances of the customer recommending the particular company and its products to others are greatly enhanced. There are a number of ways in which an organisation can build a relationship with its consumers and potential future customers, which include: Communicating with the Customer – Establishing lines of communication with customers is essential in developing relationships with them, and there are various communication platforms, in order to achieve this. A popular method in which organisations use to create an awareness and buzz around a product would be to develop a social media presence. Encourage Customer Feedback – This can be an excellent method in seeking suggestions on new products or features that would be an interest to the customer. Furthermore, customer loyalty can be built this way, along with provide important information about customer needs. However, negative feedback may also lead to a loss of custom, so the organisation needs to be extremely careful in dealing with customer feedback. Creating Reward Systems – By showing an appreciation for a customer’s business and continued loyalty to a product is key to maintaining a good relationship with them. Rewards that could be offered might include loyalty points cards, gift cards and special sales offers linked to products.

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