CUSTOMER LOYALTY: How to Earn It, How to Keep It Author: Jill Griffin UK Publisher: Jossey-Bass ISBN: 0787963887
Quick Review: Call it the perfect storm: A whirlwind of technologies (Internet, etc.) creating a new breed of customer who expects to buy, when, where and how they want to --- colliding head-on with the prototypical company which has not caught up. The result? Storm-weary customers who feel under-whelmed, over-promised, under-served and most importantly, un-loyal-like. Little wonder that the average company today is losing 20 to 40 percent of its customers every year.
This sea of customer discontent has made some firms question the basic condition of customer loyalty. “Does it even exist anymore?” they ask. You bet it does, reports customer relationship expert, Jill Griffin. “Look no further than Dell Computer, Proctor and Gamble, or Ace Hardware and you’ll find companies which are consistently earning customer loyalty while their competitors struggle. But these companies would also tell you that in today’s complex marketplace, creating and maintaining customer loyalty is more demanding than ever.”
Griffin adds, “Most companies don’t realize that when they take their business to the Web, for example, customer inquiries double or triple. That’s why research finds almost 50% of the most well-known online sites are overwhelmed by customer inquiries and take five or more days to respond, if at all, to even the simplest customer requests.”
Griffin expands on these themes further in this new edition of CUSTOMER LOYALTY: How to Earn It, How to Keep It
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