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Dish Network boasts an impressive clientele of more than nine million monthly
subscribers. Significantly, though they are only the second largest distributor
of satellite television service, they have been voted #1 in customer service by
J.D. Power and Associates. While every business has, by necessity, a different
business plan, a careful look at some of the things Dish Network has done to be
successful will yield a few principles that will help your small business to
succeed.
Echo-Star owns Dish Network, and they are currently in negotiation with one
of their channel providers because the provider is demanding a higher
per-package, per-user fee each month. The demand, though an increase of only a
few pennies per user, represents millions of dollars in the short and long term
for Dish. I present the conflict here to demonstrate Dish’s commitment to
minimizing costs. Rather than just rolling over and accepting the fee increase,
Dish Network is demonstrating to their customers their commitment to providing
their services at the lowest cost possible. For any business to be successful,
and I assume that is the goal for your home business, it must bring in more
revenue than it shells out. Being diligent in fighting to minimize your own
costs will go a long way towards that end.
Perhaps the reason you started your own business was because you craved the
autonomy that came inherently with “being your own boss.” Perhaps it did not
take long to realize that absolute freedom is hard to come by. Unless you
produce the raw materials, refine them, create a marketable good, and sell it
completely on your own, your business decisions are limited somewhat by others.
Dish Network’s taking issue with the fee increase represents their dedication to
retaining some of that autonomy we all desire for our businesses. Even if you
can’t set the prices, you certainly can negotiate them. Unless you are
absolutely sure you are getting the best deal possible on the materials you
purchase, make a phone call and talk to someone about it. In the end, the
producer’s relationship with you, the consumer, affects their bottom line.
One of the biggest concerns Dish Network faced in the new millennium was how
to continue to provide their award-winning customer service cost effectively.
Customer service was performed completely over the telephone at a cost of $5 to
$15 each call. Dish looked to technology to provide additional venues where
customer service interactions could play themselves out. This led to solutions
that would be available through the customer’s satellite receiver at home and
online solutions, where the customer could view and make changes to their
account without requiring the services of an employee, thus providing the same
customer service while cutting down on costs. The lesson that should be learned
from this example is that technology, when implemented correctly, can save costs
and increase the efficiency with which we are able to provide services to our
customers.
The magnitude of work required to produce and integrate Dish Network’s new
customer service solutions is baffling. Now consider that they planned for and
implemented the technological changes to their customer service process in less
than five months. The home business principle to learn from this is speed is a
necessity, not a luxury. To compete with your competitors, you need to provide
the same product at a higher quality, faster speed, or lower price. What changes
do you need to make in order to streamline your business? Is there something
that you are doing now that you could do without? By all means, weigh your
options carefully and make a decision you feel comfortable with. But once the
decision is made, move on it. Your customers will appreciate your decisiveness
and innovation.
Dish Network is a thriving business, due in large part to the way they
analyze and execute their business strategy. Using equal discretion, innovation,
and decisiveness could boost your business as well. |