How to Reduce the Number of Customer Complaints?
Inquiries are okay, but nobody likes getting complaints from customers, and in this episode of Compliance That Makes Sense, I am going to share some tips on what you can do to avoid them. I use examples to explain why it is important to have simple, transparent T&Cs, and the upsides and downsides of offering a long guarantee period on your product.
If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is.
Today’s episode:
- [00:32] Hey guys! Today we are going to take about how to reduce the number of customer complaints.
- [01:07] The reason I decided to do an episode on this topic.
- [02:54] Why I think you should make your T&Cs as simple as possible.
- [04:22] Examples of customer inquiries (which are different from customer complaints).
- [05:36] What a formal customer complaint is.
- [06:41] An example that highlights why having easily understandable T&Cs will benefit you.
- [08:58] Why my business mentor recommends offering a long guarantee period.
- [11:00] Some downsides of offering a long guarantee period.
- [11:45] Common customer complaints relating to fintech services.
- [15:15] Bye for now!
Show links:
- Interested in FinTech compliance? – Consider investing in the FinTech Compliance Self-Starter Package!
- I would love to invite you to sign up for my newsletter. If you are interested, please click here.