How can we escape the economic news when it is being sent out on the airwaves, printed, tweeted, blogged about, and communicated to death?
So Yes! We Get It! It's the Economy!!!
But...you're not stupid. If you have learned anything from this blog and others pertaining to customer service and support, knowledge management, self service, and customer support software solutions, it is that customer service is the differentiator. It is the customer retention rocket. It is the magnet that attracts new customers. It is the anti-negative-social-media vaccine.
Certainly, if your product is lacking, the best experience in the world won't help you. But if you build it and they come, customer service will be the part that keeps them there. Most products and services in this world are easily duplicated. Sometimes they are even engineered better than the original. But these days, when people can buy almost anything from anywhere with a credit card and the click of a mouse (or touch of a screen or, well you know....) it can be hard to stand out just because your product works.
It is when the customer has a question, wants to upgrade, wants to report a problem (when, for some strange reason your product doesn't work), or in any way interacts with your company that the difference between you and Joe and Josephine Schmoe in another state or down the street can make you stand out from the crowd.
You could try crossing your fingers and hope that Joe and Josephine are one of those companies that bleeds the 63% of customers that defect after a bad customer experience. Maybe they will come to you. But you had better be ready to outdo everyone else those customers may have considered when it comes to customer service. These people are not shy of moving on when they don't like the way they are treated. They left a company once! They can do it again!
Unless you captivate them by understanding and answering their problems, treating each as an individual, empowering your front line employees to help customers without micromanaging or policy policing. You can personalize interactions, keep scrupulous records (without invading privacy), answer before you are asked.
Yea, verily, excellent customer service is what keeps the world going around........
Ahem, sorry, got a little carried away. But you get the message, don't you?
I knew you weren't stupid.