Do You Make Your Prospects and Customers Jump Through Hoops?

Written by Marty Foley


Picture this: Your prospect has just learned about one of your products or services, and is now ready to buy from you. How you handlerepparttar next critical step can make or breakrepparttar 106322 sale.

Always keep in mind that most consumers are understandably wary. They won't hesitate to abandon an intended purchase if they encounter doubts or inconvenient snags inrepparttar 106323 process.

I invite you to do a bit of honest self-examination when consideringrepparttar 106324 following tips, since problems in this area may be costing you dearly in lost sales, right this very minute.

Acting to improve on what you discover could very well help boost your sales immediately.

1) How Easy Is It for Your Customers to Access Information Needed to Buy From You?

a) For example, doesrepparttar 106325 design of your web site make it hard to navigate, or isrepparttar 106326 majority information needed to complete a transaction within easy access to your customers, with minimal mouse clicks?

Poor navigation is but one of many, many different snags that hinder web site sales. Problem is, most site owners, designers, and webmasters don't realize how much more a site could sell, if it were only more user-friendly.

b) While you may wisely reducerepparttar 106327 amount of repetitive customer service issues by answering questions through a FAQ, (an acronym for Frequently Asked Questions) etc., some prospects may yet have additional questions not covered in it.

Do your prospects have a way to contact you to have such questions answered, and do you have an efficient system in place for answering them, promptly and efficiently?

Isrepparttar 106328 form of contact convenient to your prospects?

2) What Forms of Payment Do You Offer Your Customers?

a) Do you require your customers to send payment to you by check, cash or money order only via regular postal mail? If you're selling online and not accepting credit cards, you're likely losing many sales.

b) What types of credit cards do you accept? Virtually any type of business can increase sales by accepting payment by Visa and MasterCard.

But even businesses already accepting Visa and MasterCard may still be losing sales by not also accepting Discover and American Express, especially inrepparttar 106329 U.S.

True, Visa and MasterCard encompassrepparttar 106330 vast majority of all credit card transactions. But there are many consumers who instead prefer to use Discover or American Express. Do you want their business? If so, your existing merchant is most likely equipped to easily get you set up to accept them.

Cost of Rework

Written by Bernard Lichvar


Quality Magazine conducted a survey to determine how much manufactures plan to spend during 2001 on new test, measurement and inspection equipment, software and services to increase manufacturing efficiency, and decrease cost. Discrete manufactures plan to spend more than $4 billion on quality assurance. The article also states that surveyed manufactures expect to increase spending by 8 percent next year. The top three manufacture motivators were to reduce cost, tighten quality standards, and increase production capacity.

The primary target for quality expenditures in accordance to 69 % respondents torepparttar Quality Magazine survey was to increase efficiency. Reducing rework wasrepparttar 106321 second most often cited reason at 58 %.

Quality Cost Areas

Quality comes with a price tag butrepparttar 106322 benefits out weighrepparttar 106323 cost due to improving customer satisfaction, reducing cost, and operation efficiency. Quality costs are segmented into major categories. These categories are: ·Prevention Cost - cost to plan and execute a project so that it will be error-free ·Appraisal Cost - cost of evaluatingrepparttar 106324 process andrepparttar 106325 outputs ofrepparttar 106326 processes to ensurerepparttar 106327 product is error-free ·Failure Cost -repparttar 106328 costs of activities specifically designed to prevent poor quality in products or services. ·Internal Cost - cost incurred due to duplication of work ·External Cost - cost incurred due to errors detected byrepparttar 106329 customer. This includes warranty cost, field service personnel training cost, complaint handling cost, and future business losses

The goal of any quality cost system is to facilitate quality improvement efforts that will lead to operating cost reduction opportunities. This strategy is based onrepparttar 106330 premise that ·For each failure there is a root cause ·Causes are preventable ·Prevention is always cheaper

Project Cost Avoidance

How do you know which quality improvement project you should select? First, identify a process improvement area within your business or department. Oncerepparttar 106331 project is selected, then decide on team members and a leader. Selectingrepparttar 106332 right quality project will have direct impact on your operations. Ideally,repparttar 106333 quality project should have 3 to 6 months duration to gainrepparttar 106334 most benefit and support fromrepparttar 106335 team.

The project needs to be aligned with your business priorities. Here are five basic guidelines to assist selection of quality project according to iSixSigna quality organization. ·Ask your business leader forrepparttar 106336 three greatest issues facingrepparttar 106337 business. Make surerepparttar 106338 project addresses one ofrepparttar 106339 issues or is directly related. ·What arerepparttar 106340 greatest issues as seen fromrepparttar 106341 eyes of your customers? Look review customer complaints logs, listen to call center telephone conversations and call back customers that have stopped your company’s service. ·Isrepparttar 106342 project manageable? Canrepparttar 106343 project be completed within 6 months? Ifrepparttar 106344 project will take longer than 6 months there is a possibility of losing team members due to job changes or feelings of frustration. ·Willrepparttar 106345 team have a measurable impact onrepparttar 106346 business processes or financial bottom line? Take on a project knowing whatrepparttar 106347 benefits are torepparttar 106348 business. ·What is your capability? If you haven’t been measuring your process. How do you know it needs improvement? Make sure you know what amount of defectsrepparttar 106349 process is currently producing and define your project desired outcome.

Comments

As leaders, your accountability for operational cost is greater now than a decade ago. Contact center technology advancements have led to multi customer channels such as web sites, web chats and emails. As a result, contact center costs have increased every year due to labor and support costs. One action taken by corporations to addressrepparttar 106350 labor issue is outsourcingrepparttar 106351 operations. Whereas,repparttar 106352 support costs continue to increase withinrepparttar 106353 organization. Now, organizations are faced with supporting not only their contact centers and staff but also multiple vendors.

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