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Beans, Bacon, Bologna, and Beauty Products:
Author: Greg Smith  | Posted: 12-05-2008 | Comments: 0 | Views: 12 | Rating: (176) (?)
One of the first jobs I held was with K-Mart. Back then K-mart was one of the top retailers in the country. I was proud of the fact of all the people working at our store, I generated more sales than any other person.
My success was based on one thing. I was good at announcing the "Blue Light Specials." Most people reading this probably won't know what a Blue Light Special is, but when I made my announcements shoppers came running to my department with money in their hand. That was a long time ago and things have really changed since then. Now K-mart is at the bottom of the heap.
In May 2007, Quality Digest completed a customer satisfaction survey of the best and worst retailers as ranked by consumers. Here are the results.
TOP 10
Wegmans
Trader Joe's
Nordstrum
Publix
Amazon.com
Kohl's
Whole Foods Market
Costco
Barnes and Noble
Bath and Body Works
BOTTOM 10
Dick's Sporting Goods
Sears
Best Buy
Albertson's
Big Lots
Circuit City
7-Eleven
Home Depot
K-Mart
In addition to ranking the best and worst retailers, the survey analyzed the primary reasons shoppers choose one retailer over the other. As a business consultant who specializes in hiring, service, and employee retention, I consider this as the most important aspect of the survey.
Consumer trends and brands change rapidly. What is popular today becomes history tomorrow. However, there are two factors that consistently build customer loyalty, no matter what business you are in.
Which is more important--the price of the product, or the shopping experience? Quality Digest asked people to choose between two factors that would cause them to recommend a store to others. The first factor was "value" which equates to the feeling they "got their money's worth." The other factor was the "shopping experience" which included a gamut of elements such as friendliness, helpfulness of employees, checkout lines, cleanliness, and location of the product.
Front Line Employees Provide the Key to High Customer Satisfaction Scores
In the end, the number one reason people choose a retailer is the "shopping experience." The survey further showed the major contributor to the shopping experience was "employee helpfulness." Value and price are important, but in this survey as well as others, the number one reason shoppers come back over and over again is the shopping experience.
Hiring good employees and then training them on good customer service skills remains the driving force of either creating a positive or negative experience.
Trader Joe's is a different kind of grocery store that provides both value and a pleasing shopping experience. Coming in at #2 on the list, these stores are growing rapidly in popularity. One interesting customer service technique one store uses is the Trader Joe's Fearless Flyer. This unique marketing tool generated an additional $40,000 of business during one weekend.
Visit my blog at http://chartcourse.blogspot.com and see the Trader Joe's video discussing the flyer.
Greg Smith's cutting-edge keynotes, consulting, and customer service training programs have helped businesses reduce turnover, increase sales, hire better people and deliver better customer service. As President of Chart Your Course International he has implemented professional development programs for hundreds of organizations globally. He has authored eight informative books including 401 Proven Ways to Retain Your Best Employees. For more information, visit www.ChartCourse.com or call (770) 860-9464.
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Article Source: http://www.articlesbase.com/customer-service-articles/beans-bacon-bologna-and-beauty-products-411768.html
About the Author:Greg Smith is the President of a management-consulting firm, Chart Your
Course International, located in Atlanta. He is a nationally recognized
speaker, author, and business performance consultant. He is on the Board
of Examiners for the Malcolm Baldrige National Quality Award, the nations
highest honor for business excellence. Greg's has written numerous books
including Here Today, Here Tomorrow: Transforming Your Workforce from High
Turnover to High Retention. Greg has been featured on television programs
such as Bloomberg News, PBS television, and in publications including
Business Week, USA Today, Kiplinger's, President and CEO, and the
Christian Science Monitor. Phone him at 770-860-9464. More articles
available: http://www.chartcourse.com
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wanting to know where the saying "curiosity killed the cat satisfaction brought it back" came from as I have a boss who thinks I made it up...
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