Any companys profitability and success predominantly depend on its customer support team. If your company has a robust team that is ready around the clock to solve issues and answer all kinds of queries of consumers, then you can count on it to bring you profit. A well-trained sales executive and support agent help you immensely in retaining customers. But these are just those reasons which you can see on the surface. Deep down, you can find multiple reasons why you should create a top-notch customer support team for your company.
So, keeping this in view, let us walk you through some of the top advantages of a robust customer support team.
1. Helps Retaining Consumers
Excellent customer service can bring you profit from 25% to 95% by simply increasing the retention rate by 5%. If a customer has a good experience with your company, they will likely come back to do more business with you. Take it from Cox Communications, you can retain your customers by providing top-notch services. The company offers a separate medium for its subscribers of Hispanic descent so they can contact the support team of
Cox Communications en español and directly talk to the sales representatives without any language barrier. This, along with, various other factors has contributed immensely to the increased retention rate of customers.
2. Builds Brand Image
You, as a business owner cannot be in the market all the time to communicate with every customer and client. For this, you need an excellent customer service team that does not only interact with the consumers on your behalf but also builds a healthy and positive image for you. The support team makes the consumers feel valued and important to the brand and consequently, this can result in great marketing for your brand.
3. Increase in Revenue
Did you know that you can grow the revenues of your business between 4% and 8% above the market when you create a better atmosphere for customers? This goes to show that you can significantly increase your sales solely based on a better customer service experience.
Every company looks for various tips and quick hacks that can contribute to the increase in sales, however, they often overlook the most important factor in it; customer service. The support team advertises your product and services and convinces the clients to give your company a shot. As a result, the graphs begin to go up and you notice a huge difference in the profit.
4. Proactive Approach to Solving Customers Issues
The proactive approach indicates that you solve the issue before it rises above the surface level. Moreover, you address the problem before it even exists or is known to the consumers. In this type of approach, you let the subscribers know that your company is currently making efforts to solve problems they might encounter in the future. This improves their overall experience with your company and its services.
To get an idea of what we are talking about consider a group of subscribers who encounter the same issue with a service. You come up with a solution or feature that can fix the said issue. Moreover, you contact all those other subscribers who are currently oblivious to such a problem and let them know that you are releasing a feature that can solve the issue the subscribers might face in the future.
This gives them a message that your company values the investment of their clients and consumers and takes every step possible to make their experience better with your company.
5. Increase in Employee Retention
Employees get an insight into the companys work and ethics based on how they treat their customers. If your brand only values the consumers on the surface and does not actively take any steps to provide them with better services, then employees often decide to look for other opportunities.
On the other hand, companies that treat their customers respectfully and consider their needs, often successfully retain their employees. They choose to work for you more passionately and try to be engaged in their work to the best of their capacity.
6. Better Chances at Improvement
Customer service plays a role of a channel between you and your clients. Whenever a support team or an agent interacts with a client, they should ask them about their experience while doing business with them. As per that feedback, the company can further take steps to make improvements in the overall system and environment.
Asking for feedback at the end of any communication can be quite fruitful. If you plan to grow and expand your business, then you need customers feedback. No brand can achieve the heights of success without bringing any positive changes. Therefore, seeking feedback and then considering the points carefully can help your company in doing better in the future.
To Sum Up
Consider a ship without an anchor it starts to sink and float away, right? The same is the case with a company without robust customer service. For any business to prosper and succeed, an excellent department of customer service is needed. If you have been wondering what could be the advantage of it, then simply take the abovementioned points into the account and build your CS department accordingly.