Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >Why customer service still remains the most valuable weapon in your digital strategy
    Business

    Why Customer Service Still Remains the Most Valuable Weapon in Your Digital Strategy

    Published by Gbaf News

    Posted on April 6, 2018

    10 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    Infographic illustrating the textile staples market valued at US$ 150 billion in 2021, projected to grow at 4.9% CAGR through 2027, highlighting key industry trends and insights.
    Textile staples market growth projection and analysis report - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Chris McClellan, CEO at RAM Tracking 

    As a CEO of a growing technology company I’ve had my fair share of LinkedIn messages, emails and conference presentations. Every year it’s always the same declaration that a tactic is now dead or the latest buzzword is the “next big thing”. In the last 5 years we’ve had content marketing, big data, SoLoMo, gamification, blockchain etc. Each one has been heralded by the gurus, ninjas and “experts” as something that I absolutely must be doing in my business to survive online. Every year I hear this I always eagerly wait for someone to actually hit the nail on the head, but I’m always left disappointed.

    Don’t get me wrong, all of these tactics and approaches have their place and some are wildly exciting and innovative, but too many companies from SME to PLC get caught up in trying to “find the next big thing”. Ironically, the latest next big thing is one of the oldest lessons in the book – customer service.

    When I started RAM Tracking in 2004 I made a conscious decision to position the company as an online-first vehicle tracking provider. We invested in our website, social media, email marketing, PPC and SEO. Before I spent a single penny on any of these though I made sure that the culture right throughout my team was that customer service was the most important element of everything we do online.

    Now in 2018, it’s interesting to see that the value of a positive customer service is becoming more important again. Gartner recently revealed that more than 50% of businesses plan to reinvest in improving their customer service experience. Another study recently showed that 72% of customers will share a positive experience with 6 or more people. Getting your customer service right not only improves retention and brand reputation, but it reduces the reliance on new business through upselling to an already captive audience as well as gaining positive customer referrals is highly likely to help bring in conversions and leads.

    With this in mind, I’ve written down some of the core activities I believe every small business should be doing in 2018 to improve their customer service experience online.

    CRM

    • A Customer Relationship Management system like Salesforce (which RAM Tracking use throughout every aspect of the business) is vital for maintaining a positive customer service. Not only does it allow your business to track and view the entire sales journey from initial first click through to repeat orders, but it gives your entire team (from telesales through to social media) access to a customer’s history in seconds. Having all of that information at your fingertips instantly means that representatives of your company appear knowledgeable, up to speed and can help understand the customer’s business and relationship with you in a matter of seconds.

    Segmentation for all activity

    • Blanketing your customers with the same messaging and content is likely to see your engagement rates drop, bounce rates increase and annoy your customer base. One of the benefits of using a CRM is that you can begin to categorise your customers based on their location, revenue and what product/services are applicable to them. We learnt early on that sending sales content to customers who in fact already utilise all our services would only have a negative effect. Instead, we segment all of our communications as to not upset or bombard customers but instead send them a personalised experience.

    Value-added content

    • In a competitive marketplace creating content can be a difficult task. In many instances it’s hard to differentiate from what has been said already before. There is a temptation to create content that is off-brand or even irrelevant in a bid to be more creative. Alternatively, if you’re trying to improve your Organic Search performance a poor but common approach is to create content solely for search engines. Instead, look to create value for your customers. Have your content and customer services team sit down, discuss what the most frequently asked questions are on the phone and then go away and create this content to help answer it. Not only will this help your site rank for intent-based questions for SEO but it’ll give your customer service team an asset to be able to direct customers to.

    Make referral rewarding

    • As previously mentioned, the power of referral or word of mouth is enormous, yet many businesses do little to tap into it. Set up a simple referral scheme that rewards loyal customers for recommending you. Rewarding them with a £25 or £50 Amazon voucher is a great way of incentivising and encouraging this behaviour. In many industries a CPA (Cost Per Acquisition) of £25 is likely to be substantially less compared to PPC.

    Constant customer feedback

    • The most important of all my tips is to be never scared of seeking out feedback. Without it, it’s hard to know where to start (or even identify if there is a problem). We regularly work with the IIC (Investor In Customers) to have our customer service independently assessed. From some of the feedback we received, we made changes quickly to improve upon these areas and saw our rating go from two star to the top standard of a three star rating. This isn’t something we do every few years to get a nice accreditation, but something we aim to do this every 6 months. It allows us to adapt and evolve our offering with customers’ expectations, new technology and gives my management team benchmarks to measure against.

    All in all, investing in customer service doesn’t need to be tasking. By making a few steps you can improve the way your brand is perceived, how many customers you retain for repeat business and improve internal operation efficiencies.

    Chris McClellan, CEO at RAM Tracking 

    As a CEO of a growing technology company I’ve had my fair share of LinkedIn messages, emails and conference presentations. Every year it’s always the same declaration that a tactic is now dead or the latest buzzword is the “next big thing”. In the last 5 years we’ve had content marketing, big data, SoLoMo, gamification, blockchain etc. Each one has been heralded by the gurus, ninjas and “experts” as something that I absolutely must be doing in my business to survive online. Every year I hear this I always eagerly wait for someone to actually hit the nail on the head, but I’m always left disappointed.

    Don’t get me wrong, all of these tactics and approaches have their place and some are wildly exciting and innovative, but too many companies from SME to PLC get caught up in trying to “find the next big thing”. Ironically, the latest next big thing is one of the oldest lessons in the book – customer service.

    When I started RAM Tracking in 2004 I made a conscious decision to position the company as an online-first vehicle tracking provider. We invested in our website, social media, email marketing, PPC and SEO. Before I spent a single penny on any of these though I made sure that the culture right throughout my team was that customer service was the most important element of everything we do online.

    Now in 2018, it’s interesting to see that the value of a positive customer service is becoming more important again. Gartner recently revealed that more than 50% of businesses plan to reinvest in improving their customer service experience. Another study recently showed that 72% of customers will share a positive experience with 6 or more people. Getting your customer service right not only improves retention and brand reputation, but it reduces the reliance on new business through upselling to an already captive audience as well as gaining positive customer referrals is highly likely to help bring in conversions and leads.

    With this in mind, I’ve written down some of the core activities I believe every small business should be doing in 2018 to improve their customer service experience online.

    CRM

    • A Customer Relationship Management system like Salesforce (which RAM Tracking use throughout every aspect of the business) is vital for maintaining a positive customer service. Not only does it allow your business to track and view the entire sales journey from initial first click through to repeat orders, but it gives your entire team (from telesales through to social media) access to a customer’s history in seconds. Having all of that information at your fingertips instantly means that representatives of your company appear knowledgeable, up to speed and can help understand the customer’s business and relationship with you in a matter of seconds.

    Segmentation for all activity

    • Blanketing your customers with the same messaging and content is likely to see your engagement rates drop, bounce rates increase and annoy your customer base. One of the benefits of using a CRM is that you can begin to categorise your customers based on their location, revenue and what product/services are applicable to them. We learnt early on that sending sales content to customers who in fact already utilise all our services would only have a negative effect. Instead, we segment all of our communications as to not upset or bombard customers but instead send them a personalised experience.

    Value-added content

    • In a competitive marketplace creating content can be a difficult task. In many instances it’s hard to differentiate from what has been said already before. There is a temptation to create content that is off-brand or even irrelevant in a bid to be more creative. Alternatively, if you’re trying to improve your Organic Search performance a poor but common approach is to create content solely for search engines. Instead, look to create value for your customers. Have your content and customer services team sit down, discuss what the most frequently asked questions are on the phone and then go away and create this content to help answer it. Not only will this help your site rank for intent-based questions for SEO but it’ll give your customer service team an asset to be able to direct customers to.

    Make referral rewarding

    • As previously mentioned, the power of referral or word of mouth is enormous, yet many businesses do little to tap into it. Set up a simple referral scheme that rewards loyal customers for recommending you. Rewarding them with a £25 or £50 Amazon voucher is a great way of incentivising and encouraging this behaviour. In many industries a CPA (Cost Per Acquisition) of £25 is likely to be substantially less compared to PPC.

    Constant customer feedback

    • The most important of all my tips is to be never scared of seeking out feedback. Without it, it’s hard to know where to start (or even identify if there is a problem). We regularly work with the IIC (Investor In Customers) to have our customer service independently assessed. From some of the feedback we received, we made changes quickly to improve upon these areas and saw our rating go from two star to the top standard of a three star rating. This isn’t something we do every few years to get a nice accreditation, but something we aim to do this every 6 months. It allows us to adapt and evolve our offering with customers’ expectations, new technology and gives my management team benchmarks to measure against.

    All in all, investing in customer service doesn’t need to be tasking. By making a few steps you can improve the way your brand is perceived, how many customers you retain for repeat business and improve internal operation efficiencies.

    More from Business

    Explore more articles in the Business category

    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    Image for Submit Your Nominations Today for Education & Training Awards 2026
    Submit Your Nominations Today for Education & Training Awards 2026
    Image for Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Image for Submit Your Entry Today for Business Awards 2026
    Submit Your Entry Today for Business Awards 2026
    Image for Decentralized Masters’ ‘family culture’ building trust instead of hierarchy
    Decentralized Masters’ ‘family Culture’ Building Trust Instead of Hierarchy
    View All Business Posts
    Previous Business PostTime Is Ticking: Top Gdpr Considerations for SaaS and Managed Service Providers
    Next Business PostOne in Six UK Workers Have Lied on Their Cv