What is customer appreciation?
Customer appreciation can be defined as a measure of a company’s efforts towards its customers. It’s a proactive approach to engage customers and show them that you care about them and are grateful for their business. Thus, customer appreciation initiatives are mainly aimed at existing customers.
Having a solid customer appreciation strategy in place is the foundation of;
- Increasing client satisfaction
- Building customer loyalty
- Improving customer retention
Why is customer appreciation important?
Companies that don’t value their customers risk losing them to the competition, as customers that don’t feel appreciated and well-taken-care-of are more likely to churn.
The Rockefeller Corporation study found that 68% of the entire customer base leaves due to perceived indifference, which means they believe that companies don’t care about them – compared to only 14% leaving because of product or service dissatisfaction.
On the other hand, developing and implementing an effective client appreciation strategy may become a critical success factor. Companies that have more satisfied customers enjoy improved customer loyalty and retention. Considering that loyal customers buy 90% more often and spend 60% more per transaction, according to the Rosetta Consulting survey – it ultimately results in increased business profitability. A study by Andy Fred Wali and Bright C Opara also revealed that a customer appreciation strategy influences customer loyalty and advocacy, which leads to increased sales growth.
Customer appreciation phrases
The language businesses use in their communication with potential customers makes a big difference in customers’ perception. There are many different ways to use language to express gratitude to loyal clients. Here are some of the most fundamental phrases and words to remember:
- A simple “Thank you” and all its variations;
- Appreciation words (“We truly appreciate you choosing our business…” );
- Words of gratitude (“We are grateful for your many years as a loyal customer.”);
- Terms of acknowledgment and recognition (“To recognize your loyalty, we’d love to invite you to join our customer appreciation program.”)
Thank you notes for businesses
If your customer service team is constantly using the same phrase, here are some good examples of formulating the same phrase differently:
- Thank you for your order!
- Thank you for your purchase!
- Thanks for your order!
- Thank you for supporting my small business!
- Thank you for supporting my business!
- Thank you for shopping with us!
- Thank you for doing business with us!
Are you looking for more customer appreciation templates to use? Check out our free Customer appreciation email templates that you can copy & paste.
Customer appreciation ideas
According to a ClickFox survey, 62% of consumers don’t believe that their loyal brands are rewarding them enough. There are many different ways, both creative and straightforward, that a brand can make its customers feel like it cares about them.
Investing time and resources into customer appreciation initiatives and regularly expressing gratitude to customers has a couple of benefits. It can significantly deepen customer relationships, increase satisfaction, improve customer loyalty, and encourage brand advocacy.
Whatever customer appreciation ideas a business chooses to implement, there are a couple of things always to remember. Every attempt at giving thanks to customers must be relevant, valuable, noticeable, sincere, and preferably personalized.
30 client appreciation ideas that businesses can use for thanking customers
- Offer random discount coupons on your products/services.
- Send out coupons, thoughtful gift cards, or simply a box of cookies to loyal customers.
- Provide free product or service upgrades.
- Include customer appreciation notes with every purchase.
- Offer personalized features to your products or services.
- Provide incentives to customers who gave recent five-start reviews.
- Send thank you emails following a purchase, re-purchase, or testimonial.
- Share valuable content that helps customers make the most of your products or services.
- Create a thank you video and share it with customers.
- Send handwritten personalized thank you letters by snail mail.
- Feature loyal customers on your website, blog, or social media.
- Share customers’ case studies and success stories on your blog
- Offer specials to your social media advocates.
- Send relevant and valuable customer appreciation gifts
- Provide customers with free consultation sessions.
- Offer free educational materials—for instance, webinars, whitepapers, tutorials, etc.
- Give special discounts or freebies for customers’ birthdays, or send them birthdays cards simply wishing “Happy birthday!”
- Reward customers with a customer loyalty program.
- Create a customer VIP club with exclusive perks.
- Start a referral program and reward customers for referring their friends.
- If customers are business owners, refer their business to others.
- Offer customers special deals at other (non-competing) brands.
- Host a memorable customer appreciation event.
- Hold a customer appreciation contest or giveaway.
- Surprise loyal customers from time to time with unexpected perks.
- Show that you’ve implemented changes in response to their feedback.
- Celebrate major company milestones and highlight the most loyal customers.
- Have a specific day, week, or month dedicated to customer appreciation.
- Donate to a local charity on your customer’s behalf.
- Offer to sponsor a customer for an event they participate in.
Customer appreciation quotes
These 5 client appreciation quotes demonstrate the importance of caring about customers and showing appreciation:
“A word of appreciation often can accomplish what nothing else could accomplish.”
B. C. Forbes
“Revolve your world around the customer, and more customers will revolve around you.”
“Customers don’t care how much you know unless they know how much you care.”
“Customers are like teeth. If you don’t take care of them, they go away one by one until there are none.”
“It’s easier to love a brand when the brand loves you back.”
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Frequently Asked Questions
What is customer appreciation?
Customer appreciation can be defined as a measure of a company’s efforts towards its customers. It’s a proactive approach to engage customers and show them that you care about them.
Why does customer appreciation matter?
Companies that don’t value their customers risk losing them to the competition. As customers that don’t feel appreciated and well-taken-care-of are more likely to switch brands.
How do you express gratitude to customers?
Express gratitude to customers through random discounts, coupons, thank you emails, free consultation sessions, or donate to charity on customer’s behalf.
Customer service has evolved with the use of multiple communication channels. Speed, honesty, and accessibility are important principles. Proper tools and employee motivation are key to success. Measure customer satisfaction with metrics like Net Promoter Score and Customer Effort Score. LiveAgent is a helpful tool for improving customer service.
Good customer service is crucial for business success. It retains customers, boosts sales, and strengthens brand image. Invest in your customer service team, provide them with the right communication tools, and reward their efforts. They can also act as social media managers to engage with customers effectively.
Train teams in customer experience communication to improve sales and service. Good customer service requires responsiveness, competence, and consistency. Invest in customer loyalty for increased profit. SOPs and flowcharts can standardize customer service processes.
Building relationships, valuing customers, and providing exceptional service are essential for business success. Invest in customer loyalty for increased profit.