
By Dick Detmer
There are many ways to increase revenue from existing customers. Just one of the opportunities is in the area of employee communication with customers. It might sound strange, but your employees might be scaring away customers faster than you can attract new ones.
One area to explore is the way customers who have complaints are handled. Even if complaints are relatively rare, few realize the full impact that customer complaints have on a rental business. Most rental businesses don't put a large enough emphasis on strategies to help the customer decide to come back to your company after a complaint or misunderstanding. Even minor misunderstandings can cause lost customers.
Like you, I do business with companies with salespeople who are cool, calm and professional - even when things go wrong. We all seek out companies that have a culture of "making it right" if some product is defective or something else goes wrong. Even though you go to great lengths to try to keep anything from slipping through the cracks, things can go wrong at times. It requires training to gracefully recover from a tough situation.
Here are a few reminders of what you could do to take advantage of this opportunity:
The rental business revolves around problem solving. The most successful companies seek ways to retain every customer (not just the nice ones) and invest in the appropriate employee training. Investing in training your employees to handle tough situations more effectively pays big dividends in increasing revenue from existing customers.
Dick Detmer is a nationally recognized consultant, lecturer and writer and has 35 years of experience in the equipment rental industry. For consulting, on-site employee training or to order books, visit www.detmerconsulting.com. Dick can be contacted at dick@detmerconsulting.com or (309) 781-3451.