eConnection Newsletter Article
Do Your Customers Care?
February 2010 Issue
Have you ever stopped to ask yourself the question, "What do my customers think of me?" Many companies focus on maintaining a positive customer image, as they should. But many companies never stop to ask a more fundamental question. "Do my customers think of me at all?"
This issue of staying top-of-mind has led to what some marketers have called "customer engagement." This can be defined as the willingness of your customers to pay attention, interact or maintain involvement with your company, your brand or even your other customers.
According to a recent Gallup survey, customers who are "fully engaged" represent a 23% premium in terms of "share of wallet," profitability, revenue and relationship growth than the average customer. Actively disengaged customers represent a 13% discount in those same measures.
It is no wonder that 1:1 Media found that 62% of respondents say that customer engagement is a high priority.
What creates positive customer engagement? It can be a wide range of factors, including regular customer communication, fast and courteous responses to negative company experiences, improved relevance in marketing and the opportunity for customers to engage with one another, such as through an online customer community.
While many companies focus on the role of online services and the CRM center, don't overlook the power of print. In fact, 1:1 (personalized) printing can play a powerful role in facilitating customer engagement.
Consider the following opportunities:
Above all, remember that engaging customers isn't a one-time deal. It's a commitment to developing a relationship that is cultivated over time.