Putting up a successful business requires properly establishing processes, identifying factors that affect the company like customer needs, and satisfying customer expectations. Customers want consistent, high-quality products and services that meet market standards. Many companies still do not provide reliable products that function as advertised. To build loyalty, future businesses should ensure advertisements accurately represent products and address any issues professionally through private communication to avoid damaging their reputation. Learning what benefits and hinders companies can help ensure long-term success.
Putting up a successful business requires properly establishing processes, identifying factors that affect the company like customer needs, and satisfying customer expectations. Customers want consistent, high-quality products and services that meet market standards. Many companies still do not provide reliable products that function as advertised. To build loyalty, future businesses should ensure advertisements accurately represent products and address any issues professionally through private communication to avoid damaging their reputation. Learning what benefits and hinders companies can help ensure long-term success.
Putting up a successful business requires properly establishing processes, identifying factors that affect the company like customer needs, and satisfying customer expectations. Customers want consistent, high-quality products and services that meet market standards. Many companies still do not provide reliable products that function as advertised. To build loyalty, future businesses should ensure advertisements accurately represent products and address any issues professionally through private communication to avoid damaging their reputation. Learning what benefits and hinders companies can help ensure long-term success.
Putting up a business entails correct process of establishing it and it is important to
identify the factors that could affect the company especially the benefits that the business could adapt when attending to the necessary things needed such as identifying the target customers and on how to satisfy their needs and expectations. As a customer, what I think companies or brands need to do that still cannot be found in the market today in order to capture unwavering loyalty of customers is to prove the consistency of the products that they offer and excellent quality of their product or service that would best satisfy the standards of their market. As far as what I observe in the companies, maybe one of the customer needs that are still unserved by companies is the reliability of the products they offer, for instance the advertised product caught the attention of the customer then believed that it worked like what was shown in the advertisement but after the customer bought the product, it turns out that the functionality of the product is not exactly the same on the advertisement that was presented. If in the future I had the chance to create my own business, I would make sure that the product or service I show to my customers in my advertisement will be reliable and will function and will meet their expectations. Companies cannot avoid encountering problems between customer and the company, and to attend to the conflict professionally, I would cut ties with him or her through talking in a private place explaining the misunderstanding without showing them my personality of being rude and in order to avoid damaging the brand’s reputation. Communication is the key to solve problems that may arise. Knowing and learning the things that could benefit the company will help in making it successful for a long span of time. Another is, it is important for business minded people if they plan to put up a business in the future is to carefully learn and identify the factors that may and may not contribute to the success of their future businesses.