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Shvoong Home>Internet & Technology>How to Get Customers to Pay Up. Review

How to Get Customers to Pay Up.

Article Review   by:PUA19     Original Author: Christina Salerno
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Hello ,

Heres a new summary I made about how to get customers to pay , for us guys dealing with costumers.

If companies want to successfully collect payments on time, they need a plan in place that includes more than just the threat of a bill collector calling six times per day.
Here are three key steps to get clients to pay up in a down economy.

A. Use a Carrot and Stick -

Offer a discount if a client pays the debt early.
Whats not to do :
No one wants angry phone calls from customers slapped with unexpected late penalties.

B.Strike the Right Tone -

Express the gravity of the situation — without alienating the customer.
Whats not to do : Don't ever use offensive language, watch your words , yet be firm and determined.

C.Negotiate New Payment Terms -

Work with your customers directly — and turn to collection agencies as a last resort.

Hint: Avoid Difficult Customers from the Start -
know your costumer before you make business with him, you don't want to get a healthy head into a sick bad.

Hope this article helped you ,
please comment & rate it!

Greetings,
Pua19.

Published: December 21, 2010   
Please Rate this Review : 1 2 3 4 5
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