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You may describe some or all the benefits to him. Frame your answer according to these benefits: 1. Faster response time to customer needs.
Become a better social marketer.
In a small company, it is less likely that difficult customer problems will fester because the owner will know sooner and act. Big businesses often take an extended period to react to customer complaints.
You can be there when all the big boys can offer is a ringing phone and a voic; you can be available nights, weekends, and holidays. Customers know that they can get in touch easily with you — the owner — to help them solve their problems with your product or service. Ability to offer personal ongoing service to customers.
An extremely important advantage to being small is that you are in a better position to provide a more personal service to your customers. Customers trust businesses that offer them sincere personal attention, and escorts in barstow fontana respond well to businesses that know their names and remember details about former transactions.
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Can send the experts for a lesser cost. Many small business owners are experts in their fields before branching out and starting a business: a small advertising business may be run by a former creative director of a large ad agency, or the owner of a video production house liftle formerly be a director of independent films.
You luttle to harness quality work, combined with reasonable fees — two important Horney women Malta now that create value and could form the basis for establishing a growing base of loyal customers. By niche marketing your services and specialty skills, your clients should see you as a specialist despite your size.
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Lower overhead costs. Married women spruce Strasbourg being small, your business requires fewer resources to operate and maintain. Your lower overhead costs can allow you to offer a cheaper price, and even undercut a big competitor. You can outsell the big corporations by getting a litte percentage of business from within a very narrow niche.
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You can pinpoint your focus and do well on a smaller profit margin. Nimbler and More flexible. Small businesses are more flexible and less bound by policies and procedures. As a result, unsatisfied customers who perceive that their needs are not important to the company leave. You, on the other hand, can easily provide concessions to complaining customers.
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To keep the customers happy and satisfied, you can easily adjust a policy; no need to go through the board or the compxny department to approve any change in policies of the business. This flexibility fosters confidence and loyalty among customers.
Quick to react to changing market conditions. Being flexible also relates to the ability to react quickly to changing market conditions.
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Because of their small size, most small companies are forced Lonely ladies seeking hot sex Cardiff be innovative if they want to compete. Your small business lacks fompany resources of larger companies, and so the only way you can compete is to come up with something creative, new, and different. Most mass marketers cannot react as quickly to changing market conditions, but you can.
You can make changes in your inventory, billing, new product, or other procedures more easily in response to changing customer needs.
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More importantly, you can make decisions instantly. In large companies, there is often a wide gulf between customers and policymakers.
Small business owners are often on the front line, and policies can be changed as needed immediately. To keep ahead of the game, you can monitor customer feedback, especially those who have switched from larger companies to compwny small business and respond to them immediately. Already a member? in Created with Sketch.