New FREE Ezypay Feature

At Ezypay we are constantly reviewing our systems and listening to your feedback about improving our billing services.

After feedback from different customers, one feature we have been able to introduce is to add business names to customer’s payment transaction on their credit card.  This listing currently appears on the customer’s bank account statement but not their credit card statement.  From 27 February 2012 business names will also appear on the customer’s Visa and MasterCard statements too. 

If you are a customer of Ezypay and would like to more information about these new FREE features please call the customer service team on 1300 300 553 or customerservice@ezypay.com.au, and they will abe able to help

How to Create Memorable Customer Experiences Using Social Media – Step 4 – Be Proactive

Ezypay's 7 wasy to create memorable customer experiences

Be Proactive with Socila Media

I recently found this great article with 7 Ways to Create a Memorable Customer Experience with Social Media.   They are really simple, but easy to follow steps that everyone can do in their business.  I know we are all time poor so I thought that I would break it down into a step by step guide.

Step 1: Give Your Customers a Place to Talk 

Step 2: Integrate Social Media into your Customer Service

Step 3: Activate Your Existing Customer Base

Here is the fourth step in the series – Step 4: Be Proactive

You don’t have to wait for your customers to talk to you – you can go out and interact with them.  There is nothing to stop you from finding them and thanking them for their business.  You can especially interact with them if they are talking about your brand or mentioning an issue that your brand can help them solve!

When your customers come into to see you and they fill in a customer or membership enrollment form do you ask them for their social media contacts?  What’s stopping you from doing this?

How do you proactively connect with your customers?

Here is the link to the full article http://mashable.com/2011/11/03/social-customer-experience/

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Fitness club members leave because their expectations are not met

Fitenss survey result say members leave because their expectations are not met

Fitness club members leave because their expectations are not met

This year so far 12,810 members across Australia and New Zealand have responded to the survey.  Some interesting results are emerging. The Australian & New Zealand Fitness Industry Survey run by Ezypay, is the go-to place for fitness club member’s thoughts feelings and perceptions.  It is now 5 years old and is the largest of its kind in the world.

Twenty percent (20%) of members have told us that they leave their fitness club because the club never met their expectation.  What expectation are we creating when a new member joins?  That they will look amazing, feel amazing, lose weight, build muscle etc.  Something is going wrong here because one in five people who join a club have an expectation that is not met.

If you could impact any percentage of these people by helping them have a reasonable expectation of their membership or their exercise outcomes then you will stop members from leaving. Meet their expectations, create reasonable expectations or manage their unreasonable expectations and you will lose less members.

The survey is still open for members to respond.  If you would like to receive the full report, then help us by sending the link to your members.  For more information contact Simon Hall, Marketing Manager, Ezypay simon.hall@ezypay.com.au

About Ezypay

Ezypay is an outsourced direct debit service provider dedicated to offering a payment collection system that assists businesses in the regulation of their cash flow and revenue without the hassle of managing members’ bills.

With close links to the fitness industry Ezypay offer small to medium growth business of all types an easy online payment collection options at www.ezypay.com.au

Creating Memorable Customer Experiences

Ezypay Feb theme

Creating Memorable Customer Experiences

Thanks to everyone who made a comment on our 31 Day Cash Flow Challenge that we ran in January.  We also had the pleasure of having guest blogs from Justin Tamsett from Active Management, Rohen Burton from Fit n Fast, Rowan Brown from Recovery Partners, Heather Stone from You’ve Been Promoted.  Thanks for sharing your tips with everyone.

February is the month of love so we are going to be talking about ‘Creating Memorable Customer Experiences’.  Awesome customer experiences generate raving fans and raving fans create revenue in your business. Follow our blog and Facebook for lots of interesting articles, videos and stories about Creating Memorable Customer Experiences. This month we are planning to take advantage of the leap day on 29 February and will be having a Creating Memorable Customer Experience web event.

If you would like to win a cool orange prize make your way over to our Facebook page and enter the competition.  You can win an orange watch, an orange drink bottle or an orange plate.  We are also over at LinkedIn if you prefer to hang out there.

The Australian and New Zealand Fitness Industry Survey will be closing soon but is still open for members to respond.  This year so far 12,810 members across Australia and New Zealand have responded to the survey and some interesting results are emerging. If you would like to receive the full report, then help us by sending the link to your members.

31 Day Cash Flow Challenge – all 31 daily tips

Ezypay’s 31 Day Cash Flow Challenge

31 Daily Cash Flow Tips

During the month of January 2012 Ezypay shared our cash flow expertise and running a 31 Day Cash Flow Challenge.  Here is a reveiw of all the daily tips.

An eBook will be available soon.

Day #1 – Make sure you know your current financial position

Day #2 – Make sure the price is right and you are covering your costs

Day #3 – Reconcile your membership income on a weekly basis

Day #4 – Reduce non-core-expenditure

Day #5 – Carefully budget payments for essential expenses

Day # 6 – Keep stock levels to a minimum

Day #7 – Set your credit terms carefully

Day #8 – Planning for the lumps

Day #9 – Pay your creditors strategically – guest blogger Heather Stone – You’ve Been Promoted

Day #10 – Are you addicted to lump sum revenue? Guest blogger Justin Tamsett – Active Management

Day #11 – Don’t incur tax and other statutory penalties

Day #12 – Send invoices on a daily or weekly basis

Day #13 – Invest spare cash in a high interest account

Day #14 – Be really stingy and eradicate unnecessary expenses

Day #15 – Get finance products working to your benefit

Day #16 – Don’t forget about Pro-rata payments

Day #17 – Spread out payments over a reasonable time frame

Day #18 – Do a cash flow projection

Day #19 – Bring in the professionals

Day #20 – Make more sales

Day #21 – Do you know the difference between a balance sheet and profit and loss

Day #22 – Get another quote or two

Day #23 – Discount …. but only for profit

Day #24 – Regularly complete an expense audit

Day #25 – Make someone responsible for debt recovery – guest blogger Rowan Brown, Director, Recovery Partners

Day #26 – Understand the impact of payment cycles on your business – guest blogger Rohen Burton, Chief Financial Officer, Fit n Fast

Day #27 – Use Paretos 80/20 rule – guest blogger Rohen Burton, Chief Financial Officer, Fit n Fast

Day #28 – Set up a USD account – guest blogger Rohen Burton, Chief Financial Officer, Fit n Fast

Day #29 – Collect Bad Debts ASAP – guest blogger Rohen Burton, Chief Financial Officer, Fit n Fast

Day #30 – Growing a business using 3 to 5 yr projections-  guest blogger Rohen Burton, Chief Financial Officer, Fit n Fast

Day #31 – Ways to find hidden money in your business –from the Australian Business Centre