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Know Your Customer Kyc
Janice Jenkins
The first way you do it is by never assuming that you know what they want. While you might be able to get the answer right some of the time, I think this is often what leads to harming many different companies. They start to think they know what their customers need whether they are right or not, and go about fulfilling needs that might not be important.
I have seen it before where I know a company thinks they know exactly what I want and what I am looking for. To be honest, I find myself specifically not wanting to shop their anymore, because I do not like being told what I want by a company who did not care to actually find out.
But then, now that you are not assuming, how exactly do you figure out what they want?
The first method is researching previous actions. Pay attention to what you sold the most of at what times of the year. Try to look at the information for other companies too. What you will begin to notice is a trend in certain items at certain points that reflect what people were looking for at that time.
The way the economy was back then can then be compared to the way it is now to see what trends have persisted and what ones have changed.
Now, you can also take a more hands on approach if you really want to. Get some brochure printing done with various questions across them. Now you can quite literally hand out your questionnaire right to your customers.
Tell them that you want to improve the service you give them and ask for any suggestions they might have for improvement.
This serves multiple purposes. Not only are you going to be getting feedback from them and different ways to improve your company, but you are still getting marketing out of your brochure printing. People like having their opinion asked and like knowing that their input is valued.
You are lifting your image up in the eyes of your customers all because you asked for their advice, which can then be used to improve your sales even more.
No matter what industry you are in, the second you start to assume you know who your customers are and exactly what their needs are, you will immediately stop taking the time needed to get to know them. People often change, and the companies failing to change with them, or failing to recognize those changes, are going to be left behind.
All it takes is some time on your part to make sure you are always up with the times, and you always have a strong line of communication with your customers.
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