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Business Ideas Forum
Closing The gap Between Customers and Firm's
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[QUOTE="Jasz, post: 251389, member: 61772"] The gap between customers' expectations and the firm's offerings is a fundamental problem in marketing. It is also one of the most important issues that a company has to solve in order to achieve long-term success. This is because if you can't close this gap, your customers will leave and you will lose money. So how do you close this gap? What are some ways that companies can increase their customer satisfaction and loyalty? The answer lies in providing exceptional customer service, which includes creating an exceptional customer experience (CX). A good CX helps to bridge the gap between customers' expectations and the firm's offerings by providing them with exactly what they want: timely responses, clear communication, fast processing, etc. Every consumer, whether it's a consumer or a business customer, has certain expectations about how they want to be treated and what they want to get from the organization. The challenge for any firm is to close the gap between customer expectations and their offerings. If you're a small business owner, you may not be able to afford customer surveys or focus groups. But there are other ways of finding out what your customers think about your products and services. Here are some ideas: Use social media tools such as Facebook and LinkedIn to ask questions, get feedback, and share information with existing customers. Ask customers who have just bought something from you what they think of it; then follow up by asking them if they'd recommend it to someone else. Use email newsletters, blogs and similar communication tools to communicate with customers regularly and keep them updated on new developments in your business. [/QUOTE]
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