Remove customer

Marketing Craftmanship

article thumbnail

Debunking the 80/20 Rule…and 4 Other Sales Force Myths

Marketing Craftmanship

Lesson: Build your sales force with people who are focused on customer service, not simply on making the sale. Myth : Price, quality and perceived value are the most important factors influencing customer loyalty. Lesson: Assume that competitors are always knocking on your customers’ doors, and to act accordingly.

Rules 100
article thumbnail

What Your Doctor Can Teach You About Business Growth

Marketing Craftmanship

There’s a widely used survey methodology that yield “Net Promoter Scores,” designed to measure client loyalty; but for most small firms, you really only need to ask three questions: 1. As long as your efforts are genuine, clients will remember, appreciate and reciprocate in terms of loyalty. Are we meeting your expectations?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Survival Skills for the Hedge Fund Apocalypse

Marketing Craftmanship

And unfortunately for fund managers, it’s those right-brain-related communications skills that can have the most significant influence on investor interest and loyalty. Customers – whether they be patients or investors – understand that the there are no guarantees in life, and most will respond positively to honest communication.

article thumbnail

Preserving Brand Equity in a Corporate Turnaround

Marketing Craftmanship

A brand is the promise a company makes to its customers. Brands help customers understand what a company knows, what it stands for, what it will deliver and why they should trust it. For the sake of this discussion, brand equity is best defined as the sum total of market perceptions, customer loyalty and employee engagement.