JM Financial Area Credit Manager Interview Questions and Answers for Experienced

Collecting payments from individual customers involves various methods and strategies.

• Offer multiple payment options such as credit/debit cards, online payments, and cash

• Send timely reminders and follow-up emails/calls to customers with outstanding payments

• Implement a clear and concise payment policy to avoid confusion and disputes

• Consider offering discounts or incentives for early payments or bulk purchases

• Utilize a r...read more

Using unique ideas about customer satisfaction is important for business success.

• Unique ideas can set a business apart from competitors

• Personalized experiences can create loyal customers

• Examples include surprise gifts, handwritten notes, and customized recommendations

• However, it's important to balance unique ideas with practicality and cost-effectiveness