Thursday, May 28, 2020

Is Your Company Standing Out from Your Competitors?

In today’s competitive marketplace, businesses are closing every day. Many are quick to blame “hard times”, but the main culprit is competent competition. With this in mind, it’s vital to identify ways to set your business apart from the rest. Consider the following tips to make your business shine.

Create a Benefit Strategy

  • Having an exceptional employee-benefits program helps you attract and retain top talent. It also is an invaluable marketing tool because it motivates your employees to do superb work, which translates to customer satisfaction.

Build Brand Loyalty

  • Studies show that customers spend 66 percent more on brands to which they are loyal. Similarly, at least 80 percent of consumers say that loyalty programs encourage them to keep doing business with a particular company. What’s more, a loyal customer is more likely to recommend your products or services to friends and family.

Provide Excellent Customer Service

  • About 75 percent of consumers say top-notch customer service is a real test of a company’s worth. All customers expect great service, and they know they don’t have to accept anything less. Treat your customers like royalty if you want to stand out from your competitors!


source https://inmarkmg.com/agency/is-your-company-standing-out-from-your-competitors/

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