1. The success or failure of a business depends on the Customer and their overall satisfaction wi
th the products or services provided. If customer satisfaction with a particular business is low,
that business is likely to fail. It is imperative to understand customer needs from a business st
andpoint, and strive for satisfaction every transaction. Companies must find out how to delive
r the needed products or services to the customer on the customer's terms, in order to be refer
red and recommended by word of mouth and good reputation. Referred business and repeat c
ustomers fuel the success of businesses.
Without customer loyalty, success will always be uncertain. Organizations must tailor to meet
the changing values and demographics of potential customers. Customers can be valuable ma
rketing tools to a business, if they are satisfied, but at the same time, can be detrimental if unh
appy. Determining needs, and how to amend any shortcomings by the business, will retain va
lued customer's.
Staffing the business with representatives who can actually listen to concerns and find resolut
ions will greatly benefit overall customer satisfaction in any field or industry. Customer servi
ce is a vital role in business success. Quality of customer service is determined by communic
ation and problem solving skills of business representatives.
Ability to deliver what the customer wants, and exceed expectations, will exponentially incre
ase approval ratings. To ensure representatives perform at the height of their potential, busine
sses must provide training with constructive feedback. Customer service representatives can g
reatly influence the success of a business by going above and beyond. Satisfied customers wil
l build up business reputation. A business' ability to deliver, and overcome challenges, with th
e help of customer service representatives, are the keys to company success.