It is
a well-known fact that retaining existing customers is mare inexpensive than acquiring new
ones. Here are a few customer retention strategies that work, and drive more
customer reviews as well.
1. Go Beyond Addressing
Customer Needs
For
your dealership to delight customers, you need to go beyond addressing regular
customer needs. For instance, why not surprise them on special occasions such as
birthdays and anniversaries?
Remember,
delighted customers rarely leave a dealership, and they do express their
appreciation in social conversations.
2. Work on Your KPIs
Key Performance Indicators (KPIs) are important, in order to understand if your dealership is firing on all cylinders in the key areas that make all the difference.
It
also helps in understanding if your customers are happy with your dealership.
3. Regular Engagement with Your
Customers
You
need to often remind customers that you exist. If you happen to have a huge list of
customers, it may not be practically possible to send personal messages to
everyone manually. Automation can help you manage this task once you configure the
system with personalized inputs.
Often,
customers appreciate dealers getting in touch with them especially on social channels. This may help
generate positive conversations around your dealership.
4. Personalize Your
Communication
Whenever
you interact with your customers, personalize your communication and
make them feel like they're part of the family. Customer retention is in
large parts all about emotional connections.
5. Improve Trust
A trust
factor likely exists in your customers’ minds, but you need to nurture it from
time to time. Use customer behavioral data to learn about your customer’s needs, and and act on them.
6. Request Customer Feedback
A feedback request makes the customer feel like she's a valuable part of the dealership. In turn the feedback helps dealers to optimize operations as well as segment customers.
It is a huge win-win, if you take the time and effort to
put in a regular feedback program.
7. Learn from Online Reviews
Negative online reviews may seem pesky, but they do help you to learn from mistakes and rectify them before too many customers are affected.
Online visitors will see
not only the initial review but also your response to it. If you respond
positively and act with resolve, then you may even receive huge
customer appreciation.
8. Always Respond to Customers’
Concerns
When customers
talk about their concerns, listen and then respond. It is quite important
that you explain the context to them and the work involved, and resolve their concerns as soon as possible.
9. Nurture a Social Media
Community
Social
media communities are the best way to keep your customers actively engaged. Such
local communities play a huge role in dealer promotions, driving a regular
inflow of customer reviews and conversations that spread the good word.
For more information, Contact Us.