Service recovery


0

Service recovery refers to the actions taken by an organization in response to a service failure. Failures occur for all kinds of reasons – the service may be unavailable when promised it may be delivered late or too slowly, the outcome may be incorrect or poorly executed, or employees may be rude or uncaring. All of these types of failures bring about negative feelings and responses from customers. Left unfixed, they can result in customers leaving, telling other customers about their negative experiences, and even challenging the organization through customer rights organizations or legal channels. Research has shown that resolving customer problem effectively has a strong impact on customer satisfaction, loyalty, and bottom- line performance. That is, customer who experience service failures, but ultimately satisfied based on recovery   efforts by the firm will be more loyal than those whose problems are not resolved.

Those who complain and have their problems resolved quickly are much more likely to come again than those whose complaints are not resolved. Those who never complain are least likely to come.

Hampton Inns directly realized the benefits of effective service recovery through their service guarantee. They achieve $11 million in additional annual revenue and the highest customer retention rate in their industry after implementing the 100% customer satisfaction guarantee shown in the figure. The guarantee reimburses service recovery and customer retention strategy. An effective service recovery strategy has multiple potential impacts. It can increase customer satisfaction and loyalty and generate positive word of mouth. A well – designed, well documented service recovery strategy also provides information that can be use to improve service recovery strategy also provides information that can be used to improve service recovery experiences; companies increase the likelihood of “doing it right the first time”. In turn, this reduces costs of failures and increases initial customer satisfaction.


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

9 Comments

Facebook comments:

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format