Your customers

The customer-driven business is a successful business. Here we look at ways of understanding your customers, of keeping them happy and of measuring their value to your business.

Poor customer care can have a debilitating effect on a business. Research suggests that the average person who has a bad experience with a business tells at least nine other people about it, and that 13% of dissatisfied companies relate their experience to more than 20 other people.
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In many ways, developments in electronic commerce are setting the standards for the rest of the business world to follow. Nowhere is this truer than in the area of customer relations.
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With the customer increasingly becoming the driving force in all areas of business, companies must make sure they understand their customers and what they want.
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Consolidating and developing its relationship with its customers is vital for any business.
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As any business will know, not all customers are the same.
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What would you do if one of your major customers went under, owing you a substantial sum? Would you be able to recover the outstanding debt - or reclaim goods they had not paid for?
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