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The Clark Howard Podcast

12.30.19 How to get great customer service; College degrees that earn the most

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 30 December 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

If you have a need to call customer service, be aware they have a great deal of info on their callers. They may know everything you ever purchased from them, how profitable you are, complaint history etc. Your profitability index score determines how much customer service you'll get. Ultimately the big data that companies keep and buy, means we know nothing about them but they know plenty about us. If you're not a high volume customer, you may find going in person to a store gets you better results. The higher your profitability index score, the better customer service you'll receive by phone. Jobs in tech and engineering generally yield high pay. For others, the big question is whether their education will pay off. The federal government has compiled deep data on the payback on particular courses of study at specific schools. No one school emerges as best or worst value. The desired field of study is key. An interactive tool available in the WSJ adopted from the federal database allows you to pick a school and course of study, and see cost vs earnings payback. Parents and students can see if a degree from a certain school will be worth it. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Great to have you here on the Clark Howard Show where it's all about you and that quality

0:10.9

yours.

0:11.9

I want you to learn ideas to me so you can keep more of what you make.

0:15.7

Coming up later, you go to college, how much is going to cost versus what you're going

0:21.8

to make at that school, in that major.

0:25.6

I have some fascinating information to share with you coming up later.

0:30.2

Talk right now about something.

0:32.3

If you have a need to call customer no service at a company, I want to tell you a difference

0:39.4

that may be clear to you from particularly two or three years ago when customer no service

0:45.6

was at its zenith is that now there's something that's both great and terrible at the same

0:52.2

time.

0:53.7

When you call many companies now for customer no service, the person at the other end of

0:59.8

the line may have such a great amount of information about you.

1:06.0

It would freak you out.

1:08.0

They may know everything you've ever bought from that company.

1:12.1

What you paid, how much you complain, how profitable you are.

1:16.9

I've talked about profitability index scores before where the customer no service agent

1:22.5

will see a color that will indicate how profitable you are, which indicates how much they should

1:28.9

do for you.

1:30.1

If you're somebody who has an ultra high profitability index, that individual may be able to do more

1:36.4

for you in solving a problem than they would do otherwise.

1:41.7

But ultimately, the big data that companies have that they have themselves and that they

...

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