The Impact of Customer Service and Benefits of Customer Profiling on Business Success
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Added on  2023/06/04
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This report explores the impact of customer service on business success, including increased sales, customer retention, and improved decision-making. It also discusses the benefits of customer profiling, such as optimizing customer acquisition and enhancing response rates. References are included for further reading.
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INTRODUCTION Customer services is the procedure of giving support to the already existing customers so thatcompanycanbuildorincrease satisfaction of the customers, it is the way of providingservicesandfacilitiestothe customers so that customer will stick to the firm and doesn't shift towards competitors.
The impact ofcustomerservice on business success •Increase sales •Retain customers •Find opportunities to up sell and cross-sell •Improve product and service •Make better business decision •Reinforce company value and brand •Actively addresses customer issues
Thebenefits of customer profiling to a business. •Optimize Customer Acquisition •Improve Operational Efficiency •Data-Driven Market Expansion Plans •Enhance Response Rates •Enable Account-Based Marketing •Drive Brand Loyalty and Profitability •Target Relevant Audiences
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CONCLUSION Customerservicesistherelationorinteractionbetweenacompanyanda consumer as company provides products and services and customers purchase and consume that products and services. Customer profiling helps a firm to target their customers and to engage the audience by providing a clear messages about specific segment of customers. In this report task 5 is undertaken to perform this study in which the impact and effect of customer service on business profile and success is discussed along with the benefits of customer profiling to a business is also discussed briefly.
REFERENCES •Cheng, B and et.al, 2021. Examining the spillover effects of problems at home on proactive customer service performance in the hospitality industry: the overlooked side of the work-family interface. Journal of Hospitality Marketing & Management, 30(3), pp.354-372. •Daugherty, P.J., Bolumole, Y. and Grawe, S.J., 2018. The new age of customer impatience:Anagendaforreawakeninglogisticscustomerservice research. International Journal of Physical Distribution & Logistics Management. •Khrais, L.T. and Alghamdi, A.M., 2021. The Role of Mobile Application Acceptance in Shaping E-Customer Service. Future Internet, 13(3), p.77.