Customer Complaints : How to Turn Them into Assets?
Article Details
Pub. Date
:
November, 2010
Product Name
:
ADVERTISING
EXPRESS
Product Type
:
PERSPECTIVE
Product Code
:
AEPS41011
Author Name
:
Meenal Dhotre and Namita Shrivastava
Availability
:
YES
Subject/Domain
:
Marketing
Download Format
:
PDF Format
No.
of Pages
:
4
Price
For delivery in electronic
format: Rs. 50;
For delivery through courier (within India): Rs.
50 + Rs. 25 for Shipping & Handling Charges
Download
To download this Article click on the button below:
Abstract
While customer complaints can be a real challenge for
a company, they also provide an opportunity to the
company to turn negative situations to positive ones.
By effectively dealing with the customer complaints,
a company can not only appease a dissatisfied
customer but can also build loyalty.
Description
Almost every organization
encounters some or the
other complaints from its customers. How organizations
deal or treat those complaints is more important, both from the view
of the organization and customers who have complaints. How well
the organization handles complaints and resolves problems
determines whether it builds and nurtures customer loyalty or simply watches
its business drifting away to its competitors. Therefore, effectively
handling customer complaints can be a strong differentiation and
positioning strategy.
According to marketing expert Theodore Levitt, one of the
surest signs of a bad or declining relationship is the absence of
complaints from the customer as nobody is ever that satisfied, especially not for
a very long period of time. Most trusted brands or esteemed
organizations never claim that their loyal customers have no
complaints about their products. Rather they believe that their loyal customers
do communicate their satisfaction or dissatisfaction towards the
product as they strongly feel that organizations will take their complaints
or feedback seriously and work on them. Such organizations focus
on having the most satisfied customers. And one of the effective ways
to have satisfied customers is to get the feedback from the customers
about the company's products and services from time to time, to
acknowledge the customers' genuine complaints, if any, immediately and offer a
satisfying solution to their complaints within a reasonable time.
Keywords
Advertising Express Magazine, Customer Complaints, Customer Loyalty, Business Market, Local Management, Customer Satisfaction, Innovative
Products, Google Homepages, Fast Moving Consumer Goods, Marketing Mix, Monetary Losses.