vangogh
09-20-2011, 03:08 PM
Just came across this article on customer satisfaction (http://www.marketwatch.com/story/customer-satisfaction-with-personal-computers-appliances-and-electronics-hits-a-wall-2011-09-20), specifically with personal computers and electronics. It talks about how Apple has led the industry in customer satisfaction for the last 8 years, but that's not why I'm mentioning it.
I was struck by this one sentence in the article
In the eight years that Apple has led the PC industry in customer satisfaction, its stock price has increased by 2,300%
There's certainly more to Apple's rising stock, but still it's hard to ignore the connection. Apple creates happy customers. Those happy customers remain loyal and buy more products. They recommend Apple to friends. The sing Apple's praises to whoever will listen. Happy customers have helped make Apple the most valuable company on the planet.
I don't think the above means you have to live by the maxim that the customer is always right. If you know Apple's history they often make decisions that go against their customer's wishes. Ultimately though they leave them happy.
Something we should all keep in mind.
I was struck by this one sentence in the article
In the eight years that Apple has led the PC industry in customer satisfaction, its stock price has increased by 2,300%
There's certainly more to Apple's rising stock, but still it's hard to ignore the connection. Apple creates happy customers. Those happy customers remain loyal and buy more products. They recommend Apple to friends. The sing Apple's praises to whoever will listen. Happy customers have helped make Apple the most valuable company on the planet.
I don't think the above means you have to live by the maxim that the customer is always right. If you know Apple's history they often make decisions that go against their customer's wishes. Ultimately though they leave them happy.
Something we should all keep in mind.