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Digg it UP - Yes - You CAN Compete with Offshore - Part I
Small Business Productivity -How to Take Your Company to the Next Level through Efficient Technology is 800 number to get it straightened out. The number put him in touch with an American company’s phone center somewhere in India (they were cutting costs by moving it offshore) and the resulting experience finally caused him to cancel two different purchases that involved four cell phones and several long term contracts. Now, what was the actual bottom line savings to that cell phone company? The loss of that sale probably amounted to about $2,000 a year – but how often did this happen in the course of that month – or that year? What was the overall loss? Interesting to consider, huh? And what about the reputation of the company? Do you think that businessman will be likely to purchase from them in the future?Small businesses thrive when productivity is maximized. The best way to maximize productivity is through efficient technology. Business success is based on having the right product or service at the right price at the right time and in the right place. Efficient technology for small businesses probably will not create the next great product or service, but it will help you with everything else your company must do to get that product or service to market and to deliver it to the customer.Many small businesses fail because they do not utilize technology adequately or efficiently. Key element So there is a very real opportunity to increase both your sales and your competitiveness by having service people who are well trained in customer service, who know your products, AND who are able to communi Are Your Policies Driving Your Customers Crazy? American companies historically are driven to look at the bottom line. This is in contrast to German companies, which tend to focus on technology; or Japanese companies, which tend to focus on geography. While the bottom line focus does show a snapshot of company performance, it reveals nothing of what generated that final number OR what can be done to improve it. BUT we use it anyway to make many decisions, and we can be fooled by what it seems to be telling us.Are you inadvertently driving your customers crazy with your company policies? Not sure?Well, imagine that a customer who's been with your company for a while with no complaints finally has a reason to contact customer service because of what appears to be a billing error. She assumes the error will be corrected quickly and she'll go on her way.Instead, your customer service rep recites a convoluted procedure she'll need to go through to rectify the issue, much to the customer's astonishment. The representative explains by saying, "I'm sorry, but that's our policy and we have to follow i MORE THAN THE BOTTOM LINE How’s that…you ask? Well, let’s get really simple. Why do people buy from us in the first place? It can be for a number of reasons, among them quality of the product, friendliness of the service, alignment to particular requirements, responsiveness to needs, ability to deliver to a schedule, and…oh yes! Cost of the product! Now our purpose here is to find ways to be more competitive, so let’s bust up that list and look at it systematically. QUALITY OF THE PRODUCT If you come right down to it, what IS quality? It could mean that the product will last a long time. It could be that it is particularly suited to the job it’s supposed to do. It could mean that it really looks good and is pleasing to handle. Putting all of these in a nutshell: quality means the product is well made. The customer buying your product is really the one who makes the final judgment on the quality of your product, even though he may have initially heard about it from someone else. That judgment takes a period of time to develop, but once it’s given, it becomes part of the reputation of the company producing it. So look first at the quality of your product – how does it measure up? Measure up, there’s a good phrase. If you want to really measure the quality of your product you will have to know what the customer says it is. While quality is produced by the manufacturer, it is defined by the customer. So right off, you’ve gotta know what they want. How are you going about doing that? The first step in improving your competitive-ness involves re-evaluating customer requirements for quality, and then seeing how you’re doing against those. FRIENDLINESS OF THE SERVICE One of the really interesting statistics floating around out there is that only 15% of manufacturing is actually related to the manufacturing line – the rest is service. Think about it. Evaluating customer needs, dealing with customers before the sale, making the sale, delivering the product, following up with the customer, answering questions or training, servicing the product…what are all of these? Right! They are services. How competitive are you in each of these areas? Have you ever systematically evaluated how you are doing? In service, especially immediately before the sale and in customer follow up, American companies have a real opportunity to be much more competitive than those who have outsourced these functions. Why is that? The answer lies with idiomatic English. It is one thing to learn English in a university and speak it well, it is wholly another thing to know the idioms that accompany American speech. Think about it. Have you ever been on the phone with a foreign customer service rep with a question, and gotten the phone equivalent of the “deer in the headlights” look? There is almost nothing in existence that is better guaranteed to raise your blood pressure a couple of dozen points! A recent experience by one consumer seeking to buy new cell phones and service for his business comes to mind. The guy had found a great deal, and put the order in for the phones and service online; so far, so good. But then an email came telling him there was a glitch, and he needed to call this 800 number to get it straightened out. The number put him in touch with an American company’s phone center somewhere in India (they were cutting costs by moving it offshore) and the resulting experience finally caused him to cancel two different purchases that involved four cell phones and several long term contracts. Now, what was the actual bottom line savings to that cell phone company? The loss of that sale probably amounted to about $2,000 a year – but how often did this happen in the course of that month – or that year? What was the overall loss? Interesting to consider, huh? And what about the reputation of the company? Do you think that businessman will be likely to purchase from them in the future? So there is a very real opportunity to increase both your sales and your competitiveness by having service people who are well trained in customer service, who know your products, AND who are able to communi Minimize No Shows For Your Events
Any event will have people who register to attend and fail to show up. There are many reasons for not attending, but it really comes down to priorities.No shows create problems for event planners ranging from wasted meals and poor event atmosphere to listening to excuses and deciding whether or not to charge the posted cancellation fee.Everyone, including the attendees would be better off if people would attend events as planned. Here are some reminders about how you might minimize the number of "no shows" to your event.Get their money (if your event has a fee)ok at it systematically. QUALITY OF THE PRODUCT If you come right down to it, what IS quality? It could mean that the product will last a long time. It could be that it is particularly suited to the job it’s supposed to do. It could mean that it really looks good and is pleasing to handle. Putting all of these in a nutshell: quality means the product is well made. The customer buying your product is really the one who makes the final judgment on the quality of your product, even though he may have initially heard about it from someone else. That judgment takes a period of time to develop, but once it’s given, it becomes part of the reputation of the company producing it. So look first at the quality of your product – how does it measure up? Measure up, there’s a good phrase. If you want to really measure the quality of your product you will have to know what the customer says it is. While quality is produced by the manufacturer, it is defined by the customer. So right off, you’ve gotta know what they want. How are you going about doing that? The first step in improving your competitive-ness involves re-evaluating customer requirements for quality, and then seeing how you’re doing against those. FRIENDLINESS OF THE SERVICE One of the really interesting statistics floating around out there is that only 15% of manufacturing is actually related to the manufacturing line – the rest is service. Think about it. Evaluating customer needs, dealing with customers before the sale, making the sale, delivering the product, following up with the customer, answering questions or training, servicing the product…what are all of these? Right! They are services. How competitive are you in each of these areas? Have you ever systematically evaluated how you are doing? In service, especially immediately before the sale and in customer follow up, American companies have a real opportunity to be much more competitive than those who have outsourced these functions. Why is that? The answer lies with idiomatic English. It is one thing to learn English in a university and speak it well, it is wholly another thing to know the idioms that accompany American speech. Think about it. Have you ever been on the phone with a foreign customer service rep with a question, and gotten the phone equivalent of the “deer in the headlights” look? There is almost nothing in existence that is better guaranteed to raise your blood pressure a couple of dozen points! A recent experience by one consumer seeking to buy new cell phones and service for his business comes to mind. The guy had found a great deal, and put the order in for the phones and service online; so far, so good. But then an email came telling him there was a glitch, and he needed to call this 800 number to get it straightened out. The number put him in touch with an American company’s phone center somewhere in India (they were cutting costs by moving it offshore) and the resulting experience finally caused him to cancel two different purchases that involved four cell phones and several long term contracts. Now, what was the actual bottom line savings to that cell phone company? The loss of that sale probably amounted to about $2,000 a year – but how often did this happen in the course of that month – or that year? What was the overall loss? Interesting to consider, huh? And what about the reputation of the company? Do you think that businessman will be likely to purchase from them in the future? So there is a very real opportunity to increase both your sales and your competitiveness by having service people who are well trained in customer service, who know your products, AND who are able to communi If You Were A Horse Would You Win The Kentucky Derby? ced by the manufacturer, it is defined by the customer. So right off, you’ve gotta know what they want. How are you going about doing that? The first step in improving your competitive-ness involves re-evaluating customer requirements for quality, and then seeing how you’re doing against those.Imagine the horses all lined up at the gate in the last Kentucky Derby. Successful businessmen/women are just like thoroughbred horses. They must practice, run like the wind and sometimes be driven to make it first through the line. Like a horse race the majorities are losers and only a few are Triple Crown winners.We know that the majority of horses are not of the quality and disposition to ever be entered at the Kentucky Derby. Some might actually run in their local races but are not skilled enough to go beyond their home town. The vast majority of horses will be used for nothing but manual l FRIENDLINESS OF THE SERVICE One of the really interesting statistics floating around out there is that only 15% of manufacturing is actually related to the manufacturing line – the rest is service. Think about it. Evaluating customer needs, dealing with customers before the sale, making the sale, delivering the product, following up with the customer, answering questions or training, servicing the product…what are all of these? Right! They are services. How competitive are you in each of these areas? Have you ever systematically evaluated how you are doing? In service, especially immediately before the sale and in customer follow up, American companies have a real opportunity to be much more competitive than those who have outsourced these functions. Why is that? The answer lies with idiomatic English. It is one thing to learn English in a university and speak it well, it is wholly another thing to know the idioms that accompany American speech. Think about it. Have you ever been on the phone with a foreign customer service rep with a question, and gotten the phone equivalent of the “deer in the headlights” look? There is almost nothing in existence that is better guaranteed to raise your blood pressure a couple of dozen points! A recent experience by one consumer seeking to buy new cell phones and service for his business comes to mind. The guy had found a great deal, and put the order in for the phones and service online; so far, so good. But then an email came telling him there was a glitch, and he needed to call this 800 number to get it straightened out. The number put him in touch with an American company’s phone center somewhere in India (they were cutting costs by moving it offshore) and the resulting experience finally caused him to cancel two different purchases that involved four cell phones and several long term contracts. Now, what was the actual bottom line savings to that cell phone company? The loss of that sale probably amounted to about $2,000 a year – but how often did this happen in the course of that month – or that year? What was the overall loss? Interesting to consider, huh? And what about the reputation of the company? Do you think that businessman will be likely to purchase from them in the future? So there is a very real opportunity to increase both your sales and your competitiveness by having service people who are well trained in customer service, who know your products, AND who are able to communi So What's Next? The Secret to Assessments in customer follow up, American companies have a real opportunity to be much more competitive than those who have outsourced these functions. Why is that? The answer lies with idiomatic English. It is one thing to learn English in a university and speak it well, it is wholly another thing to know the idioms that accompany American speech. Think about it. Have you ever been on the phone with a foreign customer service rep with a question, and gotten the phone equivalent of the “deer in the headlights” look? There is almost nothing in existence that is better guaranteed to raise your blood pressure a couple of dozen points!When it comes to personality profiling, the human development industry has countless tests and assessments from which to choose. These instruments may differ greatly on the surface - in the number and names of the archetypes each model advocates and the method through which a person's type is determined. But at their core, they are all attempting to accomplish the same objective: divide humanity into a manageable number of types and describe each type as a set of distinct and demonstrable characteristics. These "psychometric" instruments are designed to "measure the minds of respondents and provid A recent experience by one consumer seeking to buy new cell phones and service for his business comes to mind. The guy had found a great deal, and put the order in for the phones and service online; so far, so good. But then an email came telling him there was a glitch, and he needed to call this 800 number to get it straightened out. The number put him in touch with an American company’s phone center somewhere in India (they were cutting costs by moving it offshore) and the resulting experience finally caused him to cancel two different purchases that involved four cell phones and several long term contracts. Now, what was the actual bottom line savings to that cell phone company? The loss of that sale probably amounted to about $2,000 a year – but how often did this happen in the course of that month – or that year? What was the overall loss? Interesting to consider, huh? And what about the reputation of the company? Do you think that businessman will be likely to purchase from them in the future? So there is a very real opportunity to increase both your sales and your competitiveness by having service people who are well trained in customer service, who know your products, AND who are able to communi An Interchange Plus Pricing Structure Can Greatly Reduce Your Monthly Credit Card Processing Fees is 800 number to get it straightened out. The number put him in touch with an American company’s phone center somewhere in India (they were cutting costs by moving it offshore) and the resulting experience finally caused him to cancel two different purchases that involved four cell phones and several long term contracts. Now, what was the actual bottom line savings to that cell phone company? The loss of that sale probably amounted to about $2,000 a year – but how often did this happen in the course of that month – or that year? What was the overall loss? Interesting to consider, huh? And what about the reputation of the company? Do you think that businessman will be likely to purchase from them in the future?Traditionally small to mid sized businesses have been set up with what is called multi-tier pricing for their credit card processing. This system is usually set up with three tiers (qualified, mid-qualified, and non-qualifed.) Occassionally, if the business owner has negotiated well, there will be a fourth tier for qualified offline debit cards. While this system has worked well for many years, the increasing number of rewards and corporate cards being issued has made this type of pricing obsolete.Visa and Mastercard have many different interchange categories for the multiple card types that So there is a very real opportunity to increase both your sales and your competitiveness by having service people who are well trained in customer service, who know your products, AND who are able to communicate easily and quickly with your customers. You are saving them time and money, and they are much more likely to continue with you in future business. Part 2 to follow…
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