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Focusing
on Consistency (Part 1)
by Adele Sommers, Ph.D.
When we aim for consistency
in our communications, values, messages, images, offerings,
and the customer experiences we create, we take another significant
step toward developing long-lasting and meaningful customer relationships
that will boost our bottom line.
We know that as consumers, we
are able to exercise our choices to achieve the most enjoyable
and efficient experiences possible. But whenever we are unhappy
consumers, how likely are we to complain about it?
Research shows that only a small
fraction of customers will inform a company of what they dislike.
The majority of silent, unhappy buyers vote with their
feet and simply dont return. Sam Walton, the late
Wal Mart founder, said: There is only one boss: the customer.
And he can fire everybody in the company, from the chairman on down,
simply by spending his money somewhere else.
So, since buyers are unlikely
to complain (unless theyre very unhappy), we
must be extremely careful to ensure that they dont
become unhappy about anything in their experiences,
or theyre likely to leave without telling us why! This article
(the first in a series) explains the role of consistency in boosting
customer retention and satisfaction.
Inventing
Your Customer Secret Sauce
What
recipe makes any relationship with a product or service stand out
deliciously from all of the others? Creating consistent
customer experiences is the mantra savvy businesses have been
chanting to achieve great prosperity. These companies pull out all
the stops to ensure that dealing with their products, staff, and
services is so consistently pleasant, buyers will
want to become loyal customers.
But thats not all
pleasantness is fast becoming the minimum
experience buyers expect. The fierce competition today requires
creating raving fans of customers so they cannot stop telling
their colleagues, friends, and family about your products or services.
This requires raising the bar even further!
What does it take to go from
being a silently shunned company to one that creates raving fans?
Assembling
the Filling
The
success of this recipe comes from paying close attention to key
ingredients. These ingredients pertain to quality, business systems,
marketing/sales, customer service, and good common sense. They shape
the touch points that influence our customers
experiences. For example:
- Its far more cost effective to keep existing customers
than to find new ones. Why? Customer retention research shows
that once companies have loyal customers, the cost of keeping
them is just one-fifth the cost of attracting new ones. The research
also shows that companies can boost results up to 100% just from
increasing customer loyalty by only five percent! This means that
marketing to existing customers consistently is far more cost-effective.
- Its critical not to over-promise and under-deliver.
Either we can under-promise and over-deliver or
over-promise and over-deliver, but, at all costs,
we should strive not to under-deliver.
One of the situations that will drive everyone crazy is believing
that a product is supposed to be released on a certain date, and
then its not. Or hearing that a service will be rendered
per an advertised guaranty, and then its not. Credibility
and trustworthiness evaporate whenever people make promises they
cant keep.
Baking
the Pie
Common sense tells us to find
every possible way to keep our existing customers, and instead of
ignoring them, we should market to them regularly. Common sense
also suggests that if we consistently deliver on time or earlier,
or with greater quality than promised, we will delight our
customers!
It may mean telling our customers
truthfully that we wont have a product ready to offer until
next year (instead of next month). But any momentary disappointment
our customers may feel will be relatively minor compared to the
confidence they will have in us when we do
release on time or earlier.
And its nothing like the
distrust and skepticism we will earn if we under-deliver
by coming back repeatedly to say, Im sorry, we were
wrong; its really going to be next month! in an endless
stream of broken promises.
With just the preceding two
principles in mind, we have a better idea of what we can do to become
leaders in our industries:
- Retaining existing customers could entail asking customers,
in surveys or during customer support calls, What do you
love about our products? What do you hate? What
would it take to make you a raving fan of our company? The
answers will reveal what buyers value most, and any pet peeves
theyve been dying to unload.
- Over-delivering on promises could entail ensuring that
products and services work even better than advertised, and that
interactions with customer support exceed all expectations for
problem resolution.
Since
one unhappy experience can sour all other pleasant ones, strive
to ensure that the most memorable interactions such as
the first and last in any series are especially
positive. On a vacation, if lost luggage, forgotten belongings,
or final departure activities are not handled with the utmost
care, everything positive that preceded those disappointments
may be erased from the vacationers memory!
In conclusion, the recipe
for positive and rewarding customer relationships includes, but
is not limited to, recognizing the value of consistency in customer
retention and in over-delivering on promises, both explicit and
implied. These two ingredients are a few of the ways to plug the
gaps that would cause buyers to vote with their feet."
Alone, they might not be quite enough to create raving fans, but
without them, we wont create any loyal customers,
either.
~~~~~~~~~~~
About the Author
Adele Sommers, Ph.D. is author of Straight Talk
on Boosting Business Performance: 12 Ways to Profit from Hidden
Potential. To learn more about her book and sign up for more
free tips like these, visit her site at www.LearnShareProsper.com
This article may be distributed freely on your Web
site, as long as this entire article, including the links and full
About the Author section, are unchanged. Please send
a copy of, or link to, your reprint to Adele@LearnShareProsper.com.
Copyright 2006 Business Performance Inc., Adele Sommers, All Rights Reserved.
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