This is what Google Bard had to say when asked : write an article on trust and business. Trust is the foundation of any successful business relationship. When consumers trust a business, they are more likely to do business with them again and again. They are also more likely to recommend the business to their […]
AI’s view on Trust and Business… Read More »
Charles Feltman has written extensively on exploring the importance of trust in business. Feltman argues that trust is essential for building strong relationships with customers, employees, and partners. He provides a framework for building trust, based on four pillars: Credibility: Trust is built on credibility, which comes from being honest, transparent, and reliable. Competency: Trust
Charles Feltman on Trust Read More »
Trust Establish authenticity by sharing your values, mission, and commitment. Adopt a customer-centric approach by listening to feedback and incorporating customer input. Deliver consistently on promises to build a reputation of reliability. Communicate transparently about pricing, sourcing, and any potential risks. Resolve issues promptly and sincerely to show commitment to customer satisfaction. Prioritize data privacy
Effective communication is key to building trust. Businesses should communicate openly, honestly, and proactively. Setting expectations accurately is a key way to communicate transparently and ensure that your customer can realy on why you say. Being transparent about how you will help your customer not only helps consumers make informed decisions but also
Transparent Communication Read More »
Word-of-mouth referrals are one of the most effective ways to grow a small business. When people are happy with a product or service, they are more likely to recommend it to their friends and family. This can lead to a steady stream of new customers without any advertising costs. There are a few things that
Loyalty and referrals Read More »
In today’s world, trust is the foundation of successful relationships between businesses and consumers. It underlies the basis which transactions, loyalty, and long-term partnerships are built. Whether you’re a small business, medical practice, sole practitioner or a multi site practice, understanding the significance of trust is crucial to form long lasting relationships with your customers.
Trust and Reliability Read More »
Mistakes happen, and problems arise. How a business responds in times of crisis speaks volumes about its trustworthiness. Swiftly and sincerely addressing customer concerns showcases your commitment to resolving issues and satisfying their needs. By taking responsibility, offering solutions, and going above and beyond to rectify the situation, you can transform a negative experience into
Resolve Issues when they happen Read More »
Here are some tips on how to simplify customer service for loyalty: Make it easy for customers to get in touch. Provide multiple ways for customers to contact you, such as phone, email, chat, and social media. Be responsive. Respond to customer inquiries as quickly as possible. The faster you respond, the more likely customers
Reducing the workload for customers when dealing with a small business like a medical practice is essential for providing a seamless and efficient experience. Here are some strategies that companies can employ: Simplify Documentation: Minimize the paperwork customers need to fill out by digitizing forms or offering pre-filled forms with relevant information. This saves
Reduce work and simplify dealing with customers Read More »
This is a series on useful mental models. A mental model is simply a representation of how something works. We cannot keep all of the details of the world in our brains, so we use models to simplify the complex things into understandable and organisable chunks. The Jobs to be done theory is a
Mental Models: Jobs to be done framework Read More »
