{"id":31492,"date":"2017-03-08T00:00:00","date_gmt":"2017-03-08T00:00:00","guid":{"rendered":"https:\/\/hyken.com\/who-owns-customer-service\/"},"modified":"2024-01-04T10:27:49","modified_gmt":"2024-01-04T10:27:49","slug":"owns-customer-service","status":"publish","type":"post","link":"https:\/\/hyken.com\/customer-service\/owns-customer-service\/","title":{"rendered":"Who Owns Customer Service?"},"content":{"rendered":"\"\"<\/a>Customer service is what I\u2019m all about. It is my life\u2019s mission to help companies create a customer service experience that customers think is amazing. So, I thought it would be nice to own the domain name CustomerService.com. But, surely some company that is totally focused on their customers would already own it. So, I typed the URL into the Internet browser and found out\u2026 it was for sale. Nobody was using this domain. Really?\r\n\r\nI thought to myself that it would be cool for my brand to own this domain. How much could this be worth? Well, it was expensive, at least by my standards\u2026 unless I wanted to have an asset that would brand me to customer service forever. Of course, I would! However, budget is an issue, because domain names like these sell for big dollars.\r\n\r\nThat made me start thinking of the brands that would love to have their name synonymous with CustomerService.com. The first ones that came to mind were the obvious rock stars in the business world. American Express, Amazon, Ace Hardware, Nordstrom, Ritz-Carlton, Lexus, Zappos\u2026 I think you get the idea. These are the brands known for amazing service.\r\n\r\nOr how about a brand like Comcast Cable? It was just a few years ago when a phone call from a customer to their support center was handled poorly and went viral across the Internet. Since that time Comcast has been working hard to turn around their reputation. So, does owning CustomerSerivce.com make sense for them? If so, they better hurry before one of their competitors, like AT&T or Sprint beats them to it.\r\n\r\nWhoever does decide to buy the name should be prepared to pay a good price for it. I\u2019m predicting the owners will sell the domain name for more than seven figures, but for the right brand, it will be well worth it. For example, who better to own Toys.com than Toys \u2018R\u2019 Us. In 2009 they paid $5.1 million. If you\u2019re in the mortgage business, it seems like Loans.com would be a natural. In 2000 Bank of America bought the domain name for $3 million. Imagine owning the URL that can help define who you are.\r\n\r\nSo, which brand should own CustomerService.com? Why not you?\r\n\r\nHypothetically (or maybe not), what if you did own the URL? That would mean you would have to live up to \u201cowning\u201d customer service. Do you believe you are worthy of owning it? More importantly, do you believe that your customers would agree that you are worthy of owning it? If you did own it, would you do anything different than you\u2019re doing now to live up to the expectation of a brand that owned CustomerService.com?\r\n\r\nThese questions are good ones. So, pretend you own the URL. Do a little homework. Take some time to answer the questions, as if you did own the name. Your answers may give you a few ideas to deliver an even better customer service experience. The point is, whether you own CustomerService.com or not, I want you to play as if you do.\r\n

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