The world moves quickly these days, so it's important that your business is able to keep up. Gone are the days when you could spend years thinking about each and every change to your business model, now you are expected to not only keep up with trends, but to also be ahead of the curve. For some businesses this is easier than others, but there have been big changes for even the most traditional of industries in recent years, making it imperative that you are able to be flexible to the growing demands on your customer - no matter what vertical you operate in.
As lines of communication become ever more advanced, customer expectations are becoming ever higher. People are no longer willing to spend a long time on hold, waiting to speak to someone in a call centre to answer their questions or fix these problems. Now, if someone is kept waiting too long, there's a good chance they will turn to a social media forum - such as Facebook or Twitter - to air their grievances. While this may lead to no real resolution for the customer, especially if you do not have a social media strategy in place, it can be very damaging for your brand reputation.
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Source: http://islacampbell.articlealley.com/technology-to-help-you-deal-with-customer-complaints-2093725.html