14 Oct 09 Gaining and Keeping Your Customers Trust – Part 1

Building customer trust is key in any business undertaking and all the more so for meeting planners. Did you know that approximately 70% of revenue comes from established customers? Established customers trust your business. They are comfortable coming to you because of your shared history and track record.

Attracting new customers can be difficult. For one thing, consumers are more savvy than a decade ago. Increased knowledge combined with increased financial worries makes it difficult for new customers to take a risk on your services. That does not mean it is impossible to win their business, meeting planners just have to be more mindful of establishing customer trust.

Building a rapport with new customers takes time but is well worth the effort. New customers must have a way to contact you whenever a question arises. That may mean sharing your personal cell number and indulging in some hand holding.

Keep your communications clear and to the point. It is vital that both sides understand the demands of the upcoming event and maintain their focus. Too much information can be as big a handicap as too little. Sell the first event before you plan the second.

Part 2 of this blog will explore other factors in gaining and building customer trust.

Tags: Attracting New Customers, Blog, Building Trust, Business Meeting, Business Undertaking, Consumers, Customer Trust, Customers Trust, Decade, Financial Worries, Focus, Handicap, Meeting Planners, Personal Cell, Personal Number, Rapport, Risk