Published by
Danie van der Merwe

Embracing Customer-Centricity: A guide to organic Business Growth

Community Schemes
|
11
December
2023
Community Schemes
,
Rental Portfolios
,
Inspections & Maintenance
,
|
08
December
2023

Today’s business landscape is characterised by unprecedented levels of customer influence. Between online reviews, social media, community groups and word of mouth, businesses can literally live or die based on the opinions of their customers.

As a result, more and more organisations – particularly in customer-facing industries like property management – are expanding their previously product/service-centric business models to include a far greater emphasis on customer experience.

These businesses are quickly discovering that customers who feel seen, valued, and cared for are not only sticking around for the long term, but they’re also actively sharing their positive experiences. This organic word-of-mouth is directly contributing to business growth that – when properly supported – is proving far more sustainable than traditional product- or service-led growth strategies.

Let’s take a closer look at this customer-centricity-driven growth journey and the role technology like WeconnectU has to play.

Enhancing the customer experience

Today’s customers don’t want to feel like just another face in the crowd. They want to feel seen, heard and valued, and receive your personal attention. Getting this right requires more than just responsive customer service. It requires a deep understanding of the customer journey, close attention to detail on customer preferences, and the ability to anticipate customer needs in order to consistently exceed expectations.

In this, WeconnectU’s reporting capabilities are game-changers, helping property managers collate all relevant data points into a cohesive customer picture in moments. This can be pivotal in identifying unique risks and opportunities, and providing custom insights and recommendations that are truly unique to your client’s circumstances.

WeconnectU’s automation and workflow efficiencies also enable property managers to spend more time on the strategic and relationship management elements of their role. The result is a next-level customer experience that feels as personal as it is professional.

Adapting to evolving needs

The property management landscape is constantly evolving. Staying relevant to your customers means being able to pivot as their needs and expectations change.

Of course, to adapt to change, you first need to be able to track it. That’s a whole lot easier to do when you have WeconnectU’s automated reporting capabilities at your fingertips. Our intelligent reports and dashboards make it effortless to track business KPIs, identifying shifting dynamics early to pivot proactively and tap into every emerging opportunity.

Equally important, however, is the fact that WeconnectU’s reporting also makes it easy for your customers to see and understand key facts to make fast and informed decisions. This creates a level of trust and confidence that can be invaluable for investors and trustees who face significant personal risk if they make the wrong call.

Using feedback as a catalyst for improvement

Generating positive customer feedback – and advocacy – is one of the core goals of a customer-centric growth strategy. However, even negative feedback can be beneficial when it’s embraced with a change-positive mindset.

Using customer feedback to fuel iterative improvements to your offerings, processes and pain-points is a great way to show your customers that you’re listening, that you care about their experiences, and that you’re committed to ongoing, customer-centric improvements.

WeconnectU supports this feedback loop with streamlined communications capabilities, full transparency, and automated reporting that ensures your customers see and appreciate every change you make.

Providing visible value

Often, one of the bigger challenges of a customer-centric growth strategy is ensuring that your customers fully perceive the value of your efforts (in order to share them far and wide).

The first half of the answer to this challenge lies in creating positive engagements at every touchpoint to constantly reinforce the perception of your professionalism and expertise. WeconnectU supports this through time-saving automations and streamlined workflows, as well as seamless communications backed by complete transparency.

The second half of the answer lies in providing tangible evidence of how your efforts have impacted the things your customers actually care about – lifestyle improvements, asset performance and risk reduction, for example. In this, WeconnectU’s asset performance reports play a powerful role, demonstrating not only how the asset has fared under your stewardship, but also how much work went on behind the scenes to achieve those results.

Driving employee engagement

A successful customer-centric growth strategy requires business-wide buy-in – not just buy-in from those in customer-facing roles. Every employee needs to understand how they contribute towards the customer experience, and what they can do to influence the best possible outcomes.

This can be extremely difficult to achieve when transparency is obstructed by departmental siloes with opaque and/or disjointed workflows. WeconnectU’s Community Management and Rental Asset management solutions make things much easier by facilitating interdepartmental transparency and collaboration. This enables each team member to see their own piece of the puzzle as well as how it integrates into the bigger picture.

The result is a more engaged workforce with a greater depth of insight and a stronger commitment to the common goal.

Helping you differentiate yourself in the market

In an industry where most providers offer similar – if not identical – services, customer-centricity is a powerful differentiator. By prioritising your customers’ needs and expectations and showing ongoing attention to detail and commitment to improvement, your business stands to enjoy an important competitive advantage.

WeconnectU’s Community Management solution has been purpose-built to support a customer-centric business approach, providing all the agility and insight you need to keep your customers at the heart of your operations.

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