How to Get Customer Approval with a Limited Budget

Any organization, be it small or large has its major growth dependent upon the customers. This customer-company relationship is an indispensable and most important relationship for any business.

If you want have your stake in the market, it is essential that most of the proportion of population is under influence and spell of your product. And yes, not to forget it is not as easy as casting a magic spell, you need to try hard to convince customers. In such a tough market adaptation of a non-customer friendly business technique, might be a struggle quest for small or emerging businesses. Appropriate steps and considerations that benefit both customers and company keeping in mind the profit and health of your business can result in an aid to those still amateurs in the field of business. However, considering the business budget is equally important. Few effective and cost efficient options to achieve customer approval limited budget steps include:

Identify Market Movements

Identifying the market essentially means recognizing what portion of population is using your product. A way of classifying this is through social media. You can find out what kind of people are reacting towards your product and how are they reacting. By doing so you can do two things, one that you can make analysis of what re people’s needs and second, what decide you can do more to expand your target market by fulfilling their interests without any extra efforts. Keeping an eye on the market is always helpful for a business. This is mainly because as the market receives new products with several other competitive changes taking place, your customers also come up with new requirements and demands. In order to retain the hold upon them a company must strive to regularly make studies about their changing requirements

Establishing Direct Contact through Customer Care

Providing such a facility to your customer is like rendering a helping hand. This is because many times your customers come across complications and problems using your product.  In this situation, if they can contact you and get an easy way out, can save your one customer. Yes it will subtract some portion of your services budget of your company, but is equally helpful because finding a new customer is difficult than retaining an existing one.

Offer social media as a form of contacting support and within it offer tools like self-service to guide the customers through the tasks they need to complete, in real time.  WalkMe can be the answer to customer care.  The enterprise class guidance and engagement platform offers permalinks to existing self-service customer service issues, so to alleviate inbound calls to the call center or even social media pages.

Rendering Interest for Full Satisfaction

Having your customers speak is a sign that they are influenced by your product. Whether it is negative or positive the feedback provided by the customers should never be overlooked. Furthermore, a company must make efforts to ask customers about their reviews. This can be done by sending them emails asking about the feedback, calling them to rate the products and services or surveying time to time. This is an efficient way of identifying the flaws if your product. On the other hand testimonials and positive comments add to the reputation of the company. Hence, hearing your customers brings you in touch with them, that is a quality of a good and customer friendly service and also less profit hampering in long run.

Popularizing your Product

Even if you are just a beginner you have to speak out to reach to the market. You must take advantages of the various free social platforms to popularize your product and also:

Give your product a brief introduction can help you in making your presence felt. If the people would not know about your product and its benefits over the other products, they would not be willing enough to take risk of trying your product. In order to make them do so you can give adds at popular social platforms and media options like televisions, newspapers and radio if your budget allows. Apart from this you can provide samples of your product with newspapers or other subscriptions that are commonly used by most of the people. Another way if making your samples reach is by making use of various trade websites. Many websites allow the customers to avail small trial packs at nominal fee. You can send your customers emails informing them about latest offers and product promotions. Using methods like emails are cost efficient for a small business.

Use of these platforms which reach large portion of population can be helpful and cost effective also.

bnr19

 

Mark Silver
Mark is the Lead Author & Editor of Spectechular Blog. Mark established the Spectechular blog to create a source for news and discussion about some of the issues, challenges, news, and ideas relating to Product Management.
Mark Silver on sabtwitterMark Silver on sablinkedinMark Silver on sabgoogleMark Silver on sabfacebook