Personal Finance
5 Ways to Make Customer Experience a Priority for Your SME
By ValueChampion  •  March 14, 2019

Regardless of what type of business your small business conducts, customer service should always be a top priority. Research from PwC, a consultancy, revealed that approximately 42% of consumers would pay more for a "friendly, welcoming experience". The report also estimated that positive customer experience could result in a price premium of up to 16%, which is a clear motivation for all businesses. With that said, we've highlighted a few ways that your SME can improve its customer experience.

Track Your Business's Progress

Customer experience can often seem abstract and intangible. To address this issue, it is important to monitor the effectiveness of your efforts. One way to do this is to identify and track quantifiable measurements, also referred to as key performance indicators (KPIs). Ultimately, you want to identify data points that help you understand the customer's entire journey. This can be difficult to isolate, so

...
Read the full article
By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance