Still capturing customer orders and inquires on paper?
Capturing the
interested customers with a perfect marketing strategy can be a difficult task
for companies, on a daily basis. So, these companies have started segregating
the customers into different categories on the basis of their satisfactory
feedback levels.
Primarily
six categories have been identified that fit into the customer hierarchy. It
includes:
- Endorsers
– These are the people, who have bought and used the product/service
offered by an organization. They are highly satisfied with the offerings
and are willing to share their delightful experience with other people
about the organization. Usually, new customers are highly capable of
falling in this category.
- Buyers
– These people are frequent buyers of the product/services from an
organization, but would hardly advocate it to anyone else. This clearly
shows that due to some unpleasant experience the customers have downgraded
from Endorsers category and is no longer willing to vouch for the product.
It is a great loss for an organization and would take at least 20 positive
touch points to bring back the loyalty.
- Satisfied
Mutes – These people fall in this list because they buy products/services,
but would never interact with the organization to give any kind of
feedback. Most organization also do not worry about their opinion, as they
keep on buying the same product again. Nothing can deter their choices and
everything is just fine with them.
- Dissatisfied
Mutes – These are the people, who have downgraded from the satisfied
mutes’ category and the organizations do not know about it. The simple
reason behind this change is lack of communication. It would take ages to
ask these people and upgrade to endorsers category.
- Grumblers
– Every organization has these set of customers and they know it. But it
is hard to admit that nothing can be done to earn a positive review from
them. In the past, they have experienced so many negative incidents and
are unwilling to change their perception.
- Complainers
– They constitute a very small number of customers, but can cause really
good damage to any brand. They make sure that they share their unpleasant
negative experience with others and spread the word.
All the
above analysis was meant to simplify the equation that it takes six times more
effort to make a new customer, than retaining the old one. If the problems
experienced by the customers are resolved immediately, they will continue to
buy from you 96% of the purchase.
Going by
the orthodox methods, organizations still capture the customer orders and
inquiries using papers and excel sheets print out. In the long run, this entire
process becomes so confusing and time taking that it spoils the customer
experience.
As a
result, there are some major consequences that are widespread among the
customers. They are illustrated below:
- Lack
of process visibility –
- As
all the customers’ orders and inquiries are recorded in papers and
spreadsheets, it becomes very hard for the organization to budget the
process. No plan can forecast the demand of the customers.
- Organizations
often complaint about limited control over the entire process and there is
high probability of non-compliance with the audit purposes.
- It
is impossible to identify urgent orders without extra effort.
- Any
update about the order status inquiries is very hard to obtain.
- High
Order Processing Cost –
- Organizations
allocate very little amount of budget for the R&D’s and order
fulfillment processes.
- As
a result, they continuously miss out on opportunities for gaining the
competitive edge.
- Order
Processing Errors –
- Any
delays caused by the production & imbalanced inventory levels can
incite huge misconception and eventually loss of orders.
- In
order to rectify the errors, organizations often resort to skilled
resources and invest heavily in problem solving.
- Slower
Processing Cycle –
- Any
delay in the order placement and dispatch slows the processing cycle.
- As
a result, the customer experience is damaged and SLA’s are not met.
In order to
combat all the above consequences, paper should be immediately replaced with a
dynamic catalog management system.
Catalog Bar, is a
dynamic catalogue management system which can solve all the above problems. The
mobile application in the offline mode can also be used in remote areas to
capture sales order and inquiries. This will make the old methods of
record-keeping obsolete and simplify the customer experience.
Visit here : https://www.catalogbar.com/
+91-9871037091
B - 4,
Sector 6, Noida, UP - 201301,India.
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