Veterans in retail
industry always knew the value of the customers. Once a customer always should
be customer. No matter for how much small quantity or value the customer has
approached our retail store, satisfy him to maximum. In future we would get big
sales from “satisfied” customers.
In formal marketing term
this is called as “Customer Lifetime value”.
It is important that
customer feels “Important’. He feels as part of the organization. Realize that
he is “Heard” and “Understood”. This can be achieved by various customer
engagement program.
Following are few
examples of Customer engagement programs:
Involve Customer in product
development:
Yes. You have read it
right. Involve customers’ right in product development. We develop products to
satisfy customer needs, so why not involve him directly?
In this program, various
schemes are launched wherein customer’s inputs are taken for product
development. Sometimes it is even named after the person suggesting the details
(E.g. XYZ recipe).
Is this program ever used
in India? Look at the below examples:
This program involved
customers directly sharing their Maggi Noodle recipes which were showcased on
Maggi website along with the contributors details.
This program also
involved users sharing stories with Maggi, making Maggi unreplaceable component
in their life. This campaign helped Maggi achieve loyalty of customers over their competitors.
One aspect of customer
engagement is building brand awareness. Constant, targeted and effective
communication to customers at right time.
Mobile application is
one of the way to achieve this.
Through mobile
application, companies can communicate news, offers, also displays stores
around based on GPS location in order to pull customers into their retail space
(Online or showroom).
It is one of the way to
achieve customer lifetime value.Here customer not only
gets advantages (reward points) by shopping at your retail space multiple times
nut also allows retailers to get vital customer buying behavioral data / trend.
This can be effectively used in personalized communications to push
products/offers “Specially” created for the esteemed customer. And who is not
going to be happy for “Special” preferences?
Seeking for active feedback for product / service.
(Feedback survey to understand online shopping experience by Flipkart).
Constant checking with customer regarding
satisfaction level of product/services. (Eg. Calls by telecom companies to
understand satisfaction level of the services)
It is easy for retailer
to increase sales by gaining “Trust” of the targeted customers through customer
engagement programs.
About Author:
Saurabh Kane is a consultant in Systems Plus Pvt. Ltd. Within Systems Plus, he actively contributes to the areas of Technology and Information Security. He can be contacted at: saurabh.k@spluspl.com
This is very informative blog thanks for sharing
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