Build Customer Loyalty

Develop successful strategies around the company’s focus
Develop successful strategies around the company’s focus
(The Scoop)

By Jim Farrell, Farrell Growth Group

Successful service businesses understand and embrace the need to build and maintain long-term customer loyalty as a key strategy.  

Here are four steps to consider in building a company loyalty plan:

1. Start with a consistent name and logo used on everything from invoices to the last pickup truck that was purchased. The name itself is less important than the companywide use of that name. As an example, two of the world’s most widely recognized companies that simply provide service are Amazon and Google. Their company names tell you nothing about what they provide, but consistent use of their names and consistent service delivery have made both names household words. More importantly, their customers always know what to expect.

2. Customer loyalty begins internally with a consistent message from management to all employees. Is your business model focused on offering the lowest price—always? Or is it focused on a high-end service delivery model? You cannot be both. 

To get buy-in, every employee must understand the company’s long-term focus—beginning with new employee orientation and at every team meeting. Keep the message simple and easily understood, and repeat it often.  

3. Assess your current services delivery, and ask the hard question: Do your services espouse the company’s long-term vision? For instance, you decide delivering premier service at a fair price is the best long-term plan.

Is your company delivering that level of exemplary service at every point of contact with your customer today? 

An honest assessment of where you are with your current service delivery should begin to provide answers. For some companies, it might make sense to use an outside consultant to provide that insight. A well-conceived and well-executed survey of key customers and future customers can provide great information.

4. Develop a concrete plan and realistic timeline for completion and implementation of needed changes.  

It is difficult to see beyond the immediate horizon, especially during the busy season. If the past year taught us anything, then it certainly brought home the lesson that change can happen in business quickly—even overnight. Starting the discussion today on where you see your business in five years, and who you feel will be your customers, is a critical next step to develop a sustainable business model built on long-term customer loyalty. 

 

Latest News

University of Nebraska Professor Leads RNAi Research Targeting Western Corn Rootworm
University of Nebraska Professor Leads RNAi Research Targeting Western Corn Rootworm

Research underway at the University of Nebraska-Lincoln is showing promise by targeting western corn rootworm genes with RNAi technology.

DJI Launches New Ag Spray Drones
DJI Launches New Ag Spray Drones

Building on the Agras drone line, the T50 offers improved efficiency for larger-scale growing operations, while the lightweight T25 is designed to be more portable for smaller fields.

New Jersey Woman Receives Pig Kidney and Heart Pump in Groundbreaking Surgery
New Jersey Woman Receives Pig Kidney and Heart Pump in Groundbreaking Surgery

A New Jersey woman fighting for her life received an incredible gift from a pig last month at Massachusetts General Hospital. 

RhizeBio’s Doug Toal Talks Soil Microbiology, Ag Entrepreneurship With Top Producer
RhizeBio’s Doug Toal Talks Soil Microbiology, Ag Entrepreneurship With Top Producer

RhizeBio cofounder Doug Tole joins host Paul Neiffer for Episode 143 of the Top Producer Podcast.

 A Message to the Ag Industry about H5N1
A Message to the Ag Industry about H5N1

The livestock industry needs a comprehensive, cohesive plan to address the virus. Producers, their employees and veterinarians need clear answers and support from U.S. agricultural leadership, moving forward.

USDA Now Requiring Mandatory Testing and Reporting of HPAI in Dairy Cattle as New Data Suggests Virus Outbreak is More Widespread
USDA Now Requiring Mandatory Testing and Reporting of HPAI in Dairy Cattle as New Data Suggests Virus Outbreak is More Widespread

USDA is now ordering all dairy cattle must be tested prior to interstate travel as a way to help stop the spread of HPAI H5N1. This comes a day after FDA confirmed virus genetic material was found in retail milk samples.