UK firms are already feeling the impact of customer churn. Business leaders fear losing 10% of their customer base over the next three years, threatening some £2.23 billion of revenue. Here are 10 ways you can win the battle against customer churn.
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Selected articles from customer focus:
10 ways to win the battle against customer churn
Making markets: The practice of business models
Dr Katy Mason, senior lecturer in marketing, University of Lancaster, discusses how using a business model framework as a diagnostic tool to understand what products and services can be created and delivered for which customers, helps managers work out what they need to do next and where they should concentrate their resources.
Superserving the customer
BSkyB’s Chris Stylianou wants to 'supercharge' the customer experience. He explains to Peter Crush how focusing on service is delivering returns.
A transparent service
At the heart of Autoglass®' exceptional customer service proposition is the idea that customer convenience is fundamental to success. With customers already interacting with brands - and with their peers - over a number of social networking channels, there is a growing demand for integrated commerce and booking platforms which have convenience as a top-line requirement. Operations director Nick Henwood explains more.
A wealth of financial support: Towry's different approach to wealth management
In an industry not best known for sound customer service, one firm is determined to put clients’ needs and expectations at the heart of its operations. Peter Crush talks to wealth advisory firm Towry.
Manchester Airports Group
The Manchester Airports Group (MAG) is the largest UK-owned airport operator. Its four airports, Manchester, East Midlands, Bournemouth and Humberside, currently serve about 24 million passengers every year, support over 130,000 jobs and contribute £3.2 billion annually to the UK economy. The group is championing the customer experience as a key differentiator to seal the group’s reputation as a top ranking global air hub.
Do we need more customer empathy during a recession?
Customers’ pockets are tighter in a recession. They are more discerning about how they spend their hard-earned incomes, but low prices aren’t always the main driver for the purchases that they are making. Competing through a low-cost price differentiation strategy can end in misery. Does looking at empathy provide a way for companies to prosper during tough economic times?
Banking on change: How technology and customer behaviour are changing banking
The banking sector is one of the most highly regulated and risk averse industries in existence today, so it shouldn’t be a surprise that the pace of innovation – whether technological or otherwise – can seem quite slow. Graham Jarvis asks leading bank executives how they feel banks need to change in order to better serve customers.
Service in 2020: how will it look?
According to a report authored by the Economist Intelligence Unit, international and domestic business is more connected and competitive than ever before. The demands of beating customers’ expectations in the 21st century are only getting greater, and organisations will need to adapt or risk dying.
Break down those barriers: Logica's Andy Green on innovative collaboration, personalised service and customer data
Logica chief executive Andy Green discusses quality interfaces, multiple contact channels and using customer data. And how companies need to sometimes keep it personal.
Searching for service: Norman Broadbent's approach to executive recruitment
Executive search company Norman Broadbent is taking an innovative approach to serving candidates. UK CEO Sue O'Brien discusses the company's customer-focused approach and how it's getting personal again.

CBI director general John Cridland: Taking a forensic approach to customer service
CBI director general John Cridland suggests UK businesses should take a forensic approach to analysing customer requirements in order to cut costs and provide better value. He also discusses the threat from India and China and how British business needs to re-establish trust with its customers.

What the butler says
The Savoy Hotel’s head butler Sean Davoren talks about dealing with customer problems, service as a profession and paying £650 for a pint of milk.

The rise of the monster customer
Dr Nicola Millard, customer experience futurologist for BT Global Services, talks to us about the increasing power of skilfully networked customers, and how organisations need to respond to the 'monster customer'.
Why do I have to shout?
Guy Stephens believes technology has changed how companies engage with their customers. Here he reflects on its impact and how some organisations have been quicker to understand the new relationship than others.
Bovis Homes: Building quality, delivering service
The recession–hit home building market has undergone radical change since the Barker Review of 2004 led to a major drive to improve customer service. With a new consumer code of practice now firmly in place, the sector is continuing to focus on its customer service offering. Steve Hurst talks to Sarah Eales, group customer service director at Bovis Homes, about how they are helping to transform the way customers view home builders.
Collaborative conversations create partnerships
Ernst & Young’s Kate Bamford argues that only a new collaborative business model, which includes working in partnership with customers to mould a bespoke, highly personalised customer service, will help businesses win a greater share of the customers’ wallet.
Customer service matters – whatever your position in the market
A joint study by us and the Centre for Economics and Business Research (Cebr) provides clear evidence that in the most competitive sectors pressure to maintain quality of service remains high. We look at some of the findings and examine how Ofwat, the water industry economic regulator, wants to protect those consumers who can't shop around.
The recession: Time to phone a friend
Author and FT columnist Mike Southon argues that companies need to focus on their best customers in a recession, while the public sector needs to change its attitude to customer service.
The interview: Gwyn Burr, customer service and colleague director for Sainsbury's
Gwyn discusses aligning customer and employee expectations, measuring quality of service and employee engagement. The interview appeared in our print magazine customer focus.
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