Developing Good Customer Relationships

Building Trust and Goodwill With Customers

Developing Good Customer Relationships - Building Trust and Goodwill With Customers

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Learn how to develop strong bonds with your customers.

Think of the last time you stood in a long line in a store, or struggled to reach the right department in a call center. How did it make you feel? Chances are, you felt frustrated. But you may also have felt that the company didn't value you as a customer.

Experiences like these can cause you to take your custom elsewhere. In time, if other customers do the same, the company's future will be in jeopardy.

Now think what happens when you have a positive customer service experience. You're happy, your needs are met, you're likely to return to the company in future. You may even recommend it to your friends. The organization has benefited directly, too. The money that you spent, along with that of other satisfied customers, will help it to invest in new products and services for the future.

In this article, we'll look at how you and your team can build and maintain good customer relationships.

Why Do Good Relationships Matter?

John Kay, a professor at London Business School, noted the importance of strong relationships in his 1993 book, "Foundations of Corporate Success." He suggested that companies can build competitive advantage by developing good customer relationships.

These good customer relationships generate income, but they also provide invaluable information about your customers' needs. If your organization can respond to these needs, it can become even stronger in the future....

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