Report on Customer Service, Profiling and Business Development

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This report examines the significant role of customer service in achieving business success, emphasizing the use of various strategies and new methods to meet evolving customer needs. It highlights the benefits of customer profiling, including targeted audience engagement, enhanced response rates, data-driven market expansion plans, and improved operational effectiveness. The report analyzes how customer profiling aids in delivering targeted customer service by segmenting customers into specific groups, allowing for more personalized and effective service delivery. It concludes that prioritizing customer service and leveraging customer profiling are vital for organizational growth and success in the competitive market, recommending the implementation of digital infrastructure to streamline operations and improve customer interactions. The document is available on Desklib, a platform offering a wealth of study resources for students.
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How business operate
costumer service
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INTRODUCTION
There are various organisation in the market which formulate multiple strategies and use
the new methods in order to become more successful in the market. The organisation also needs
to provide the best quality services and products in the market on order to attain maximum
customer satisfaction. There are multiple benefits which can be taken by the company by
analysing the forces of the market in an effective manner. In this report there will be discussion
about the new various techniques which can be used in order to fulfil the customer needs with
the products and services. Along with that, there are multiple advantages which can be taken by
the firm in order to expand their business in various regions and enhance the profitability in the
market. For further instance, in this report the organisation use new methods to personalise the
customer experience.
MAIN BODY
TASK 5
Explaining the impact of customer service on business success
Effective customers service will help the organisation to achieve success in the market.
The main focus is to use various strategies in order to achieve and effective growth over a period
of time. With the changing market trends the needs and desires of the customers is also been
evolving and the organisation needs to measure it with the right tools. This will help the
company to provide the essential services to the customer and enhance the overall sales in the
market. The organisation can always improve their services with the new methods and with the
help of the feedback system. With the help of various channels the organisation can establish and
effective communication with the individuals. The feedback system will help the organisation to
improve the areas in which they are lacking and they are able to offer better services to the
customers. The customers can switch towards new brands due to the emerging competition in the
industry. The revenues of the organisation can be significantly improved by providing best
services. The company can create an rapid growth by capitalising in multiple market
opportunities. By following the ethics and values they can operate the business operations in
multiple regions and the productivity could also been increased in a significant manner. The
business could attain success if the customer are fulfilled with the right products and services.
The management need to rethink about new ideas and take the help of technology to become
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better in the market. There are various transitions which can be taken by them in order to
perform better as per the evolving marketing conditions which is best for their future objectives.
There is a need of providing the quality goods and services to the customers.
Explaining the benefits of customer profiling to a business
Customer profiling is the practice of arranging the customer into an specific groups
Through this the company can target the desired customers in an effective manner. The benefits
of the customer profiling is been described below:
Targeting the relevant audience - The organisation can target the customers which
they can provide the essential goods and services. There are various advantages which
can help the organisation to identify the niche markets in which they are bale to expand
the business.
Enhance response rates – The organisation which is been targeting the right customers
can provide better services to them. The response rates can also been significantly
improved and the company is able to achieve great results in the market.
Data driven market expansion plans – The organisation can focus on enhancing their
sales by capturing the right markets with the help of multiple strategies and techniques.
The third party data insights can provide the right pretences and behaviour to the
customers. The organisation can personalize the experience of the customers with the
right strategies.
Improving the operational effectively – The operational effectiveness can also been
improved . The organisation can provide the specified services to the customers which
will help them to gain a competitive advantage.
Customer profile is the process which include the detailed information of target
customers based on the lifestyle patterns, income level, interest, purchasing history and
demographic factors. There are the following benefits of the customer profile in a
business.
Helps in market penetration in which the scope of launching the new product in the
market can be increase with the help of customers profile.
Customers profile helps in providing the clear picture about the customers characteristics
and then can easily turn them into the target audiences.
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Firms will able to now about the demand and preferences of the customers this will help
them in introducing the product as per the demand of the customers.
Organisations will able to know about what the ideal audience need actually this will help
in formulating the business plans easily.
Customers profiles helps in communicating effectively and increase the customers
engagement.
It gives an opportunity to gain more about the interest, behaviour and characteristics of
the customers.
The specific information about the customers enhance the sales of the product and
service.
It helps in highlighting the needs and wants of the potential and existing customers.
Through this organisations able to make the more effective objectives like who are your
customers, what their demand will be.
Customers profiles helps a organisation to create the ads and marketing strategies as per
the which helps in attracting the customers towards the product or service.
Helps organisations to make marketing strategies easier and helps in time management
regarding the research.
It maintain the relation with existing and potential customers and helps in communicating
about the history and events.
This helps business in introducing the new product and service in the market as per the
new demand and needs of the customers which helps companies to grow in the market
effectively and increase the productivity level.
Analysing the impact of customer service on business success
The customer service can help the organisation they can lead towards more revenues. The
impact of the customer service is quite positive. Most of the organisation has introduced the
feedback system in order to improve the areas and the services. This will help them to achieve
the goals and objectives in the market. There are various advantages which can by them in an
effective manner. The data which is been generated from the customer profiling will help them to
improve the customers services. With the changing trends the organisation needs to evolve with
the new ideas and strategies in order to achieve success in the market. The optimum utilisation of
the resources can also been achieved by providing the best services to the customer. Customer
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service is important perspective which has leads towards solving various kinds of queries that
has been presented by customers by providing them assistance in terms of problems raised.
Through customer service quality of services are improved with products and services.
Including an analysis of how customer profiling is used to help deliver targeted customer
service
Customer profiling will help the company to target the customers with the help of
specified groups. There are various advantages which can be taken by them in an effective
manner. The organisation can use the new technological tools which can help them to become
more successful in the market. With the help of models which includes STP analysis the
organisation can target the desired customers through which they can generate more revenues in
the market. The STP model includes three different stages which will help to understand about
the position of the customers and the products could be provided to them in an effective manner.
CONCLUSION
From the above report, it has been concluded that customer service plays a vital role
which can help the organisation to achieve success in the market. On the other hand, in this
report there are various advantages which can be taken by the company in an effective manner.
Along with that, the target audience with the help of customer profiling. There are various
essential needs which can also fulfilled by the organisation if they use the right methods and
strategies. For further instance, the customer service can be enhanced and the services can also
been generated by the comp nay in a systematic manner. The company can implement the digital
infrastructure in the workplace in order to carry out the operations smoothly.
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REFERENCES
Books and Journals
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Money (BHIM). International Journal of Innovative Technology and Exploring
Engineering (IJITEE) ISSN, pp.2278-3075.
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and challenges. Decision Support Systems, 109, pp.1-4.
Fader, P., 2020. Customer centricity: Focus on the right customers for strategic advantage.
University of Pennsylvania Press.
Gregurec, I., Tomičić Furjan, M. and Tomičić-Pupek, K., 2021. The impact of COVID-19 on
sustainable business models in SMEs. Sustainability, 13(3), p.1098.
Harrison, J.S., Phillips, R.A. and Freeman, R.E., 2020. On the 2019 business roundtable
“statement on the purpose of a corporation”. Journal of Management, 46(7), pp.1223-
1237.
Luz Martín‐Peña, and et.al 2018. The digitalization and servitization of manufacturing: A review
on digital business models. Strategic Change, 27(2), pp.91-99.
Perboli, G., Ferrero, F., Musso, S. and Vesco, A., 2018. Business models and tariff simulation in
car-sharing services. Transportation Research Part A: Policy and Practice, 115, pp.32-
48.
Rangaswamy, and et.al 2020. The role of marketing in digital business platforms. Journal of
Interactive Marketing, 51, pp.72-90.
Wirtz, B.W., 2019. Digital business models (pp. 137-152). Cham: Springer International
Publishing.
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