A complaints handling policy gives you and your customers a clear and considered process for managing and resolving customer complaints. Developing your own policy will help you operate with confidence when customer complaints arise. Your complaints handling policy is also an opportunity to describe to your customers:. Make sure your complaints handling policy tells your customers how much you value their feedback. Your policy should also state your commitment to resolving complaints quickly, fairly, efficiently and courteously. It should also:.
Customer Complaints And Why It Is Important For Improving Customer Experience For The Future
The Case of the Complaining Customer
Perhaps it is an image of someone smiling with the pride of knowing he got a good deal. Or perhaps it is the childlike look of happiness someone exhibits after purchasing a new pair of shoes that are just the right color. Whatever your picture of a satisfied customer is, customer satisfaction is typically defined as the feeling that a person experiences when an offering meets his or her expectations. Improving customer satisfaction is a goal sought by many businesses. In fact, some companies evaluate their salespeople based on how well they satisfy their customers; in other words, not only must the salespeople hit their sales targets, they have to do so in ways that satisfy customers. Teradata is one company that pays its salespeople bonuses if they meet their customer satisfaction goals. Customer satisfaction scores have been relatively stable for the past few years as illustrated in Table
Nothing defeats an inexperienced salesperson faster than an unexpected objection. Most salespeople invest hours perfecting their sales pitch without a second though to what comes afterwards. But even a perfect pitch can be ruined by poor objection handling.
The objective is to provide EU consumers with a single set of complaints handling arrangements, irrespective of the type of product or service and of the geographical location of the firm in question. This will also allow firms to streamline and standardise their complaints handling arrangements and national regulators to supervise the same requirements across all sectors of financial services. The consultation runs until 7 February Consumers in the EU can purchase, and firms can offer, financial services and products in the banking, investment and insurance sectors across the EU. In order to increase market confidence of all participants, the Joint Committee of the three European Supervisory Authorities ESAs is seeking to develop a harmonised approach to handling complaints.