Monday, February 4, 2008

Customer Management As Key To Successful Vending

Since the beginning, the vending industry has been serving customers and making money by fulfilling their varied needs. Majority of the vending companies follow the culture of managing customers for loyalty and profits.

There’s a difference between the two. Don’t make the mistake of confusing managing customers for loyalty with managing customers for profit. To get best results, you will have to manage both in an effective manner.

You must aim at building the customer’s trust and liking towards your vending machines. That makes personal relationship building an important part of your Planet Antares vending business. People will buy from people they like and they can be very fickle if not handled properly.

Measuring customer loyalty is not a simple s it seems to be. Most of the satisfaction surveys and customer management software fail to analyze what the customers want and result in lower per-capita sales rather than increasing it. When you take a survey from location owners or management, the data may be incorrect or skewed as the end customer does not express his opinion through it.

Any form of customer satisfaction surveys will make the customers anticipate a change in the services being provided by the vending operator. When they tell about their expectations of product price, quality, variety and other aspects, respondents expect better things to be provided in future.

This makes it essential for you to plan carefully and take all related things into consideration. Before you conduct a survey in your Planet Antares Company, be ready to address all the issues which may surface and if you are not ready, don’t take the plunge without being equipped for it.

Understand and use the power of incentives to get your vending business on a higher level of efficiency. There is a direct relationship between employee and customer satisfaction as well as customer retention and employee turnover. Keep these relationships in mind while creating a reward and incentive program for your company.