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A powerful formula for business success

Extracts from Your people, Update February 2010

How engaged is your team going into 2010? Do you have what you need in place to grow your productivity?

We know our producvity performance has been lagging behind the OECD and we know, from a recent survey, that 57% of Kiwi employees are disengaged at work.

Businesses are trying to compete in a world of sameness—where products are becoming increasingly bland and boring to consumers—which is having a huge impact on customer loyalty and resulting in price and margin pressures.

With almost everything available at anytime to any person via e-commerce, it is becoming increasingly costly and difficult to be heard in a marketplace that has an ever increasing number of options.  Rising business costs are als further eroding profitability, yet businesses still continue to try and conduct business as usual.

The answer is to take a strategic approach that focuses on both employees and customers in a way that delivers increasing value.  In return for greater involvement and loyalty.  This new approach necessitates change in business focus, both from a leadership perspective and in the way employees and customers are priorities.

Let’s be very clear—employees will never deliver a consistenctly great customer experience unless they area real part of that great experience, so putting people first must be a priority.  From there, businesses can improve employee engagement and create the magic customers are looking for at the front counter.

The customer experience formula

All prices are in NZ$ and exclusive of GST.   While every effort has been made to ensure prices are correct Zapwall Group Ltd reserves the right to amend any information and adjust pricing accordingly. The information provided by this website is subject to change without notice.

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INVOLVEMENT = ENGAGEMENT

The more involved people are in the development and delivery of the customer experience, the more engaged they will be in the role they play in that experience.  Involve everyone, because ultimately, everyone plays a part.

Text Box: INCREASED PRODUCTITY = GROWTH, PROFITABILITY AND COST REDUCTIONS
We all benefit from increased productivity—the right people want to work wit organisations that motivate and provide opportunities to be the very best they can be; they want to work for organisations that have the right focus; and , the right people want to enjoy what they do, because they want their customers to enjoy the experience.

COMMITMENT = LOYALTY

A committed team creates customer loyalty.  Real customer loyalty is about building strong relationships.  Trying to do so with gimmicks doesn’t work in the long term.  From loyalty comes word of mouth—the most powerful form of advertising.

Text Box: LOYALTY = PRODUCTIVITY
A loyal team works more effectively and efficiently without compromising the quality of the customer experience.  Capitalising on the creativity of the team is today’s most powerful competitive advantage.
Text Box: ENGAGEMENT = COMMITMENT
The more engaged people are in delivering the very best experiences to customers, the greater their commitment to the ongoing development of that experience.  Total commitment is vital to success.