Elevating the Post-Sales Experience: Key Strategies for Customer Retention
Many companies prioritize attracting new customers rather than undermining their existing customer base. This practice can lead to a pattern where more attention and effort are directed towards the pre-sales phase, at the expense of the post-sales experience, thus your customers might nor receive the level of service they expect.
How can you enhance the post-sales experience?
While investing in pre-sales efforts is crucial for turning curious onlookers into buyers, post-sales service is essential for sustained success. This importance hinges on three key factors: securing repeat business, cultivating word-of-mouth endorsements, and upholding a positive brand reputation.
Word-of-Mouth Referrals
Referrals from past customers represent the most prized asset within your sales pipeline. These leads not only exhibit a higher likelihood of conversion when juxtaposed with leads from alternate origins but also boast a nearly 20% augmented lifetime value.Maintaining the satisfaction of your current clientele with your post-sales service is of paramount importance. Failure to do so could result in a diminishing influx of new leads through referrals.
Loyal Customers
96% of customers are willing to leave your business if they receive bad service — according to a 2020 study conducted by Shep Hyken's CX consulting firm. Providing great after-sales service improves customer retention and increases the likelihood of repeat customers.When a company prioritizes and consistently delivers outstanding post-sales service, it can significantly enhance customer retention rates. Essentially, this means that customers are more likely to stay loyal and continue shopping in your brand. Happy and satisfied customers tend to form a strong bond with the brand, making it less likely for them to seek alternatives.
Brand Image
A positive post-sales experience has a favorable impact on the overall perception of your brand, subsequently fostering customer loyalty. Establishing your brand as helpful is imperative for encouraging repeat purchases. Additionally, this approach can enhance conversion rates and minimize churn.
Stages and Strategies
Customer support for Queries and Issues
Customers often reach out to online stores seeking assistance to resolve their inquiries and issues related to purchased products. Depending on your product range and marketing approach, some customers might struggle with product usage or discover that the item they ordered doesn't align with their expectations.
Order Status and Location Updates
On the other hand, if everything went well processing the order and shipping it, your customers will certainly be willing to know about it!Use order information to connect your brand and processes with your customers and keep them updated about the status of their order, whether this is “in process”, “shipped”, “delivered”, “returned”, or even presenting an issue.
Returns and exchanges
These are integral components of after-sales service that any e-Commerce can't escape. Although, they need not be perceived as troublesome; instead, they can be transformed into instances of exemplary post-sales service by streamlining customer-friendly processes. This approach can convert potential issues into opportunities to enhance customer satisfaction.
Cross-selling and upselling campaigns
Another essential aspect in the after-sales service is the promotion of related products through cross-selling and upselling strategies. These tactics offer opportunities to increase sales and elevate the average order value within your online store. You can implement these strategies at various touchpoints, including the checkout process, product pages, emails, or your tracking portal.While the pursuit of new customers remains important, the needs and expectations of our existing clientele are essential for sustained growth and prosperity.