Sunday, January 11, 2009

The third secret of marketing

The third secret of marketing strengthening your other number one asset—your customers through Customer Experience Management (CEM).


“Bad Service is death for a Company. Not dramatically, but more like a thousand small knife cuts.”
—Dan Hill, Body of Truth


To illustrate this fact consider the following ad.
“Who’s Fault is it When Your Customers Use the Word ‘Good’ When Referring to Your Service?”

“You don’t know me. I’m your customer. I’m the customer who says “Good” when you ask me how everything was. I wanted to inform you… because it has become obvious by your poor service that you think “Good” is a good thing. It’s not!
You see, when I say “Good” I am being nice… what it really means is that I will tell my circle of influence, 52 people on average, what crappy service I really received and that I would never buy from you again.
I am willing to trade my hard earned money for your products/services but only if you respect my time and give me some “real value” for it. I am really a nice customer, but you have taken advantage of me, I will not take it anymore.
I can get similar products/services anywhere… but what I really want is a relationship. I want someone who will cater to me, someone who will remember me when I come in, someone who will make it worth my while to come in again and again and again.
But, I can see, by the way you treat me you don’t really want my money or my friend’s money either.”

Your customer

P.S. I’m off to see your competitor… And, Oh, “Good” is the most dangerous word you could hear from me. If you ever hear it again please start asking probing questions to find out the truth… which I am willing to tell you… but only after you show me that you really care about me, my money and my friends.

If you really care about your business’ success and want to avoid this from every happening to you again... immediately begin an employee training and a customer service training!

Your success depends on three things.
1. Strengthening your #1 asset—your employees.
2. Strengthening your other #1asset—your customers.
3. Rewarding your customers for buying from you.

How do you strengthen your assets? How do you reward your customers from buying from you? And why is this a valid strategy?

“The true value of the brand for the consumer lies not only in the product’s performance, but in the product’s support and service.”
—Kristine Kirby Webster