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What is the most important factor that should be taken into consideration when designing a customer retention plan?

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Question added by Deleted user
Date Posted: 2018/04/09
Nuha Elayyan
by Nuha Elayyan , Senior Credit Officer , Nutridar

The most important factor is to build a good relationship between the company and the client, by balancing the customer's need with the company's need

Assim Naal
by Assim Naal , assistant manger , zonda luxury car s rent

The most important factor in building a long-term retention plan for a company is to build a relationship between the company and the client

 examble 

 If you have three companies operating in the same domain possess the same quality, same price and the same credibility, what is the reason that will make the customer turn to you??

 The reason will be the relationship between you and the client that feels comfortable and feel that it is not just a client or source of income to you and this feeling is credible and dedicate all the possibilities of the company to solve any problem in dealing with him and not losses for a simple reason or temporary profit can be compensated later 

Below are the few listed factors that needs to be considered while designing a customer retention plan:

1) Understand the reason for disconnect

2)Be customer centric

3) Manage expectations

4) Go Over & beyond

5) Measure lifetime value

6) Improve customer experience. 

Amr Bedir
by Amr Bedir , Account Manager , Ooredoo - Starlink

To keep the customer happy by doing the following :

1-Call our customers regularly.

2-Create Valuable content.

3-Become an authority in our field.

4-Reply to customer emails promptly.

5-Be decisive.

6-Value our customer's point of view.

7-Add a personal touch.

8-Be realistic & do not over promise.

9-Identifying opportunities proactively.

10-Be clear & transparent.

 

Mohammed Salim Syed
by Mohammed Salim Syed , Business Information Manager , muvi Cinemas Co.

The most important factor is Customer Expectation - once that is confirmed and documented then planning to fulfill expectations is focused and will achieve success.

Selvakumar Rajendran
by Selvakumar Rajendran , Project Manager

Understanding the changing dynamics of customer requirements, and tailoring our deliverables to meet the requirements, in professional and efficient manner.

MOHAMMAD BILAL
by MOHAMMAD BILAL , Planning Engineer , OCC

Customer needs to be understand clearly and the competive factors that which customers seeks.

Muhammad Usman Malik
by Muhammad Usman Malik , Manager Operations , Mumtaz Group of Companies (MGC)

Fufill the brand promise. Stick to the design and commitments which are being made between client and compnay. Deliver what you have agreed.  

Priya Chandrika
by Priya Chandrika , Global Business Trainer , Hsbc Global Service Centre

Draw customer attention by delivering and satisfying the requirement.

Meteab Almalki
by Meteab Almalki , SALES GENERAL MANAGER

lead-time to finish the job , reasonable price to be paid & the quality  of output 

Yasser Abaza
by Yasser Abaza , Senior Internal Auditor , Zahid Group

To understand the customers needs.

Build a trust worthy relationship with the customer.

Provide most of the needs that customers can think they will need.

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