From the Archives — June 2014

Invite Feedback

(originally posted June 6, 2014 http://www.5oclockreflections.com/invite-feedback/)

feedback

Most companies avoid looking at themselves through the eyes of their customers, because they are scared of what they are going to find. Encourage your customers to complain, and provide meaningful feedback. Create mechanisms that facilitate this flow of information. Keep an open mind and use this feedback to get better.

Remember that your strongest ally is an educated customer. And the responsibility of educating the customer rests firmly on your shoulders. Educated customers buy more, cost less to manage and reduce transaction costs.

Besides, we could all use champions that promote our cause.

About Hemant Rustogi

An award-winning teacher at The University of Tampa, an entrepreneur, a CEO and founding principal of Advantage Pointe Internationale, and blogger on 5oclockreflections.com.