If you ask customers what they value, they will tell you. Obviously, first you have to be smart enough to ask them, and then you have to be smart enough to listen.
In 2024, a major firm asked its customers what made them likely to recommend that firm. The ten most frequent responses were ranked from 1 to 10, with 1 being the most important.
The most important factor was customer support. Fully 12% of customers said that mattered more than any financial considerations, including payment terms and price.
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