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The Business Benefits of Investing in Customer Engagement

Business benefits of investing in customer engagement

In today’s competitive, internet-driven market, it has become increasingly difficult to keep customers focused on you and your brand. Staying top-of-mind is necessary to build and grow customer relationships and the key to establishing those relationships is engagement.

Top 5 Benefits of Investing in Customer Engagement

You may have happy customers, but customer engagement benefits can have a significant impact on your top and bottom lines.

  • Shorter Sales Cycle

Engagement can help shorten the sales cycle by getting stakeholders up to speed quickly. Rather than attempting to dole out information to each decision-maker separately, customers and prospects can use a Customer Engagement Portal to instantly access the information they need at whatever step they may be in the buying process. If a key stakeholder sits down at 11 p.m. to do some investigating, the information they want and need is just a click away.
By giving them access to that information, you also prevent the dilution of your message as it travels through your prospect’s organization. Decision-makers have access to information, philosophies, approaches and results created with your authoritative voice.

  • Improve Customer Loyalty (And Ultimately, Sales)

Engaged customers spend much more time and money with their favorite business than do disengaged customers. Data shows that when businesses offer something valuable to their customers, those customers are willing to give back—that is, spend more–in spades. Customers providing businesses, on average, a 23 percent premium in share of wallet, profitability, revenue and relationship growth.

  • Give Right Information To Customer

There are many people on social media nowadays. So many branded companies sell their products through social media. And also get good results. so these all provide the right information to the customer. All are given information by social media posts. Social media posts are most important to branding. The most powerful social media for branding is Facebook, Instagram, linked and Twitter. Also, make sure all social media image sizes are different. like you should know about Instagram post size, Twitter post size, LinkedIn image size, and Facebook image sizes.

Read more: How do influencers make money on Instagram?

  • Engagement Creates Natural Evangelists

In today’s hyper-connected environment, people are all too happy to share their opinions on everything from today’s weather to the price of a gallon of milk. People share all day, every day on social media and review sites like Yelp, and others are listening, to be sure. Customers care what their peers say about your products and services in both business-to-consumer (B2C) and B2B environments. In fact, 20 percent of B2B customers say they consider peer recommendations as a top resource when gathering information about potential new vendors. If you are living in Australia, looking for the best on-page SEO services in Australia then you can build your customer experience by the following points.  

Engaged customers, by nature, are brand evangelists. “Power users” can be mouthpieces for your products and services through third-party channels. When a friend or colleague mentions a need or problem that your company provides solutions for, your happiest, most engaged customers will instantly think to recommend you. Moreover, engaged customers that interact with you online will mention you in their social media feeds and praise you in forums organically as you engage with them online.

Read also: Future of Bing Search Engine. Is Bing going out of Business? 

  • Greater Penetration into Deeper Layers of Internal Stakeholder Relationships

Have you ever found yourself in this situation? You build a strong relationship with a customer in purchasing. Your sales rep and the purchasing rep know each other’s life stories, they send each other birthday cards, and they spend just as much time chatting like old friends as they do conduct business on a call. Then, one day, the purchasing agent announces he’s leaving his job for a new opportunity. The sales rep tries to build a bridge with the new contact, but in a few short weeks, the orders begin to slow, and eventually, they stop altogether.

Personal relationships are imperative to your business, but people can only be in one place at one time. If you want to maintain long-term relationships with a company, rather than just a person, you’ve got to be able to reach beyond your initial point of contact and establish a presence with other employees in other departments.

Conclusion 

A Customer Engagement Portal can address the needs of several (or all) departments of a customer organization, providing value beyond the person who places the order or the end-user of your products and services. Create value across the board, and deeper relationships will follow.

Given how platforms such as social media have risen in importance, customer engagement and internet reputation management have become essential for businesses. Brands know that engaging with customers in meaningful ways and protecting their online reputation can help power credibility, loyalty and sales. 

The benefits of customer engagement provide a real and lasting return for your organization. Investing in an engagement program strengthens relationships, increases organic referrals and ultimately lifts your bottom line.

Author

Asad Gill

Asad Gill is a serial entrepreneur who founded SEO Calling, a holdings company that owns: Provide top-rated SEO services, and product selling over 50 countries with #1 worldwide digital marketing consultancy firm. (Contact: [email protected]) (Skype: [email protected])