Usually, there are a couple of strategies that companies follow in such circumstances:
- handing off customers to outsourcing;
- delegating troubleshooting to low-skilled employees whose answers are mostly stereotyped and don't help much;
- going together with the customer through each obstacle to help them deal with their issues.
Although it is quite obvious what strategy is the most effective one, most companies prefer the easy way. Their way of thinking is pretty clear: we have a good product that does its job, what else?
The thing is that any idea can be copied and replicated. So what's the real value of your product then? Let's take a look at the most ancient types of businesses — restaurant one — to understand the point. A frying pan costs 45 dollars, but how much does a person who knows how to fry steaks on it cost?.. Accounting estimates ≠ intellectual capital.
Not so long ago you could've rented a place, hire employees and teach them how to earn you money. But the seller's market is over, the era of the buyer has come. Now price competition is available only to large companies, while the rest of the price wars lead to bankruptcy. In the current conditions,
a transition from cost management to quality management is needed — it is quality that is the key value of the modern business.