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Tag: Research

  • How Marketers Can Use Customer Advisory Boards to Engage Customers, Engender Brand Loyalty, and Much More

    How Marketers Can Use Customer Advisory Boards to Engage Customers, Engender Brand Loyalty, and Much More

    Guest Blogger Rob Jensen provides some great insights about how you can get reliable customer insights to improve your engagement and profitability.

    Marketers are giving a lot of attention of late to the topic of customer experience. Indeed, ensuring that companies optimize interactions with their top clients, obtain the highest level of value and maximize ROI from their precious customers seems to be a universal desire the significance of which is of little debate. The more challenging aspect of achieving these outcomes seems to be HOW marketers are supposed to do so. It is our experience that customer advisory boards (CABs) are the most effective and impactful way to engage with key customer executives and achieving these desired results.

    For those who are unaware, customer advisory boards (also known as a customer advisory councils) are forums to review industry trends, address mutual challenges or opportunities, and offer unvarnished insights and guidance. For vendors, these councils are ideal for validating corporate strategies, gathering input on product development, and deepening relationships with key customers. In turn, there is just as much to be gained by the participating customers.
    Indeed, while engaging customers, gathering their feedback and input to your strategic plans and product roadmap helps engender brand loyalty, the benefits of CABs go much deeper than that. Here then are the top 5 benefits your company can get from a well-run customer advisory board program.

    1. Insight into Business Strategy: Your customers—the consumers of your products or services – are the best (and surprisingly most often overlooked) resource to provide input to your company’s overall direction and business strategies. Such customers should be able to advise you on the products and services they desire, what they would pay for them and how they want them delivered. After all, everything you do is designed to appeal to their needs, so there really is no one more qualified to counsel you on how to best target, approach and serve your client base. Your council can provide invaluable direction regarding which markets to pursue, how to capitalize on market trends, what customer pain points to address, which companies to partner with or acquire, how to best exploit competitors’ weak points, and how to position your company for optimal advantage.

    2. Feedback to the Product Roadmap: A customer advisory board is ideal for providing feedback and desired direction on the host company’s offerings. Your advisory council can offer an insider’s view of what your target buyer needs and wants from your products and/or services. A council also serves as a great platform for securing beta testers of your new offerings, helping you introduce your solutions and providing immediate validation before you go to market.

    3. Increased Revenue: The often unspoken (yet highly desired) benefit from your council is the positive impact you will see in incremental sales revenue. Your members’ organizations will likely increase their overall spend with your business over time. This is due in large part to the fact that they are privy to your growth strategy, are early testers of your solutions and feel closer and more faithful and dedicated to you and your offerings. In fact, Ignite’s experience shows that B2B companies that have active and successful customer advisory boards enjoy a 9% increase in new business among advisory members starting after year one of advisory programs above non-advisory council customers.

    4. Customer Approval and Brand Champions: An additional benefit to running an advisory council is that you are building a close-knit group of company advisors and brand champions. By bringing members into your company’s “inner circle” as trusted advisors, you are also transforming them into even bigger raving fans of your company. In our experience, this almost always happens with council members. As they take on the responsibility of helping to guide your business, they inherently become professionally and emotionally invested in your success, and their enthusiasm and passion tends to permeate their immediate team and sometimes beyond. The result is a group of highly loyal customers who have a vested interest in your success – and not defecting to your competition. Furthermore, your members will likely refer other prospects to you as they talk about you with peers at conferences, events, and throughout their day-to-day operations.

    5. Marketing Campaigns and Messaging: Another often less-recognized area of value a client advisory council delivers is feedback to how your company markets itself. You will gain the rich insight necessary to understand how to position (or re-position) the company against the competition. Your advisory board will advise you as to what makes your business unique and what differentiators you should highlight. Just as important, the council can guide you on which mediums are the most viable in terms of reaching your desired audience. Members can also serve as wonderful client references for testimonials and case studies. Likewise they may also be willing to develop and publish joint articles or white papers with you. This lends industry validation and credibility to your advisory board program, your own organization, and serves as a means of promoting the member and bolstering his/her own company and career.

    While engaging with customers and engendering brand loyalty may be all the rage with marketers these days, in our experience, customer advisory boards are the best method to deliver this – and much more. A well-run customer advisory council will undoubtedly provide your organization with significant input that will put your company on a better, more targeted and profitable course for years to come.

    Rob Jensen is VP of Marketing for Ignite Advisory Group (www.igniteag.com), a consultancy that helps B2B companies manage their customer and partner advisory board programs.  http://www.igniteag.com

     

    If you found this valuable or enlightening, don’t forget to pick up your copy of “The Marketing Doctor’s Survival Notes”

     

  • Don’t Assume You Know Your Customers

    Don’t Assume You Know Your Customers

    Adam Richardson provides exquisite validation to Granite Partners’ research based marketing approach, in this well thought out blog post from Harvard Business Review. I couldn’t have said it better, so I bring it to you in it’s original form. Enjoy!

    Don’t Assume You Know Your Customers

    by Adam Richardson  |

    If the recent U.S. election taught us anything, it’s that you have to be careful assuming that others see the world the way you do. It’s very easy for any organization — political, commercial, not-for-profit — to get caught up in its own echo chamber of like-minded believers. After certain blogs, social media outlets, pundits, and talk shows whipped themselves into a self-reinforcing frenzy, many people were stunned by the election outcome. How could so many “experts” have gotten it so wrong?

    Shared enthusiasm and beliefs are valuable assets when pushing for a goal. In a business context, it’s vital that your employees are emotionally invested in your company’s vision. But there need to be checks and balances to make sure that the vision matches external reality, or you could be enthusiastically charging toward a similar shock. As the science fiction author Philip K. Dick once remarked, “Reality is that which, when you stop believing in it, doesn’t go away.”

    Getting an objective view of who you, as an organization, are trying to serve is critical, but it’s easier said than done.

    Most companies are the centers of their own universes. It’s a natural enough impression; after all, the products and services they offer are on their minds 24/7. The trap is in those companies deluding themselves into thinking that they are as important to their customers as they are to themselves. This is almost never the case. This delusion interferes with understanding customers and their needs, and frequently leads companies to talk to customers in ways that seem foreign or confusing.

    Financial services, the area that I work in now, is an example. It is rampant with confusing jargon and terminology, such as compound interest, ETFs, or the now infamous CDO, or collateralized debt obligation. A 2008 AARP study found that 79% of Americans think prescription drug instructions are easier to understand than materials from financial firms.

    But the financial services industry is not alone. Health care, wireless communications, real estate, information technology, and airlines are all major industries that consistently confuse and turn off their customers, leading to mistrust and disloyalty.

    Jargon in communication is just the surface of the problem. People who work in these industries day-to-day become infused with insider knowledge, techniques, and perspectives. After a while they forget their former lack of expertise and start to assume that everyone must also possess their knowledge — customers included.

    Employees are like hostages suffering from Stockholm syndrome — they take on the worldview of their employer and industry, and forget what it’s like to be a “regular” person without this specialized knowledge. Over time, employees start to talk mostly about tangible product features and become distanced from customer needs and benefits. Value propositions become more abstract and lose the naĂŻve freshness of seeing of who customers really are and how they think, behave, and feel. It becomes increasingly difficult to see your company and industry as nonexpert outsiders do.

    How do we fix this? There are many research methods for better understanding customers, and you may be using them already: ethnographic research, focus groups, surveys, in-store intercepts, and so on. It’s also important to encourage employees to use competitors’ products, so they don’t develop tunnel vision. These are good and necessary, but you can have lots of data and still not see what it’s saying.

    There are two things that can stand in the way getting real insight:

    1. Admitting you may be wrong. If the organization isn’t willing to recognize that it’s not connecting with customers, dismisses indications that customers are confused or uninterested as “irrelevant outliers,” or avoids the message by shooting the messenger, then all the research in the world won’t help. Yes, there are times when an organization needs to be visionary and do things that at first most customers don’t get. Salesforce.com’s pioneering role in the nascent area of cloud computing services is an example of a company that was willing to lose some customers early on in pursuit of the bigger market later. But you have to be very confident in the size of the potential opportunity — and have the organizational fortitude — to pull of that big of a bet. Silicon Valley is littered with companies that made similar bets and failed because ultimately their proposed view of reality never came to align with that of their target customers’.

    2. Garbage in, garbage out. If you’re talking to too narrow of a sample (as was the case with many of the conservative pollsters) or framing research questions in ways that subtly pre-bias the answers, you could be inadvertently creating ever-better products for a shrinking audience. Don’t just meet with your best and current customers; get outside the echo chamber by meeting with ex-customers or people who have never been your customers but love your competitors and the upstart disruptors. (Yes, this often stresses out the sales team.) Years ago, when I was at Sun Microsystems, many at the company initially dismissed the cheap servers then being introduced by Dell and Compaq. Our loyal customers at large companies with massive IT budgets weren’t interested in these low quality machines. Not then, anyway. Sun couldn’t bring itself to lower its standards, and as a result, it ceded a huge part of the market to competitors moving up from the PC space.

    Don’t wait for a catastrophe to show you when you’ve become too caught up in your own hype. Make sure you are continuously seeking a more thorough and objective understanding of your customers, harness the fresh perspectives of new employees, and have the humility to recognize that your customers may have needs and lives beyond your company.

    For more on research and customerinsights, pick up your copy of “The Marketing Doctor’s Survival Guide”

  • What Is The Worst Marketing Campaign Ever?

    What Is The Worst Marketing Campaign Ever?

    5/11/2012 | blur Group, Expertsourcing, Featured | Dorothy | No Comments

    We’re all guilty of the occasional bout of marketing Schadenfreude – but we’ve also probably had the odd campaign or two of our own when things didn’t go quite to plan. blur Experts talk about those well-known marketing moments when things don’t quite go to plan.

    David Poulos

    The worst marketing effort I can recall is a legendary story from quite a while ago, and was really a lack of research and local cultural awareness. When General Motors’ Chevrolet division launched a new mid-sized model called the Nova, after a superfast shooting star, hoping it would resonate with consumers seeking something fast and futuristic. The formulated print ads, mailers, TV commercials and worst of all, bill boards. The car sold very well in the US, but when they wanted to penetrate the Latin American market, no one in the marketing department did their homework. A quick rebadging would have saved the company many heartaches and a boatload of cash. They went ahead and launched the car as the Nova in Spanish speaking countries throughout Latin America, and after six weeks recognized that there might be a problem reflected in their dismal sales reports. It didn’t dawn on anyone at the company that NoVa in Spanish means “doesn’t go!”

    Huge billboards lining the roads in Mexico, Panama, Honduras, Costa Rica and El Salvador promoting a car that doesn’t run! Finally someone pointed out their error, and they pulled the car and killed the campaign locally. It pays to do your homework.

    We had one fairly significant snafu, but it wasn’t a strategy error, it was a relatively simple technical glitch that cost an awful lot of money. We were launching a new financial publication, aimed at investors, and using a series of direct mail pieces, multi-piece packages mailed in the millions. As you might imagine, a large chunk of the addresses on the target list were linked to the financial industry, centered in Manhattan, NY. One of the largest buildings in New York City at the time was the World Trade Center, which leased office space to hundreds of financial firms, and was so large that there had to be an additional line of address added for a mail stop number, so that the building’s mailroom could deliver efficiently. Someone in the data processing department was tasked with printing off a set of labels for this list, which numbered over a million records. The technician had a tough time fitting the addresses using our standard font, labels and software due to the extra address line – so he took it upon himself to eliminate the third address line – the mail stop. In five days our lobby was filled with commercial laundry carts full of undelivered mail, nearly 50% undeliverable! The entire World Trade Center had denied the mailing as ‘inadequately addressed’ without the mail stop line, and the post office, having a standing order on the account to return ‘undeliverables’ for address correction, returned all the mail to us!  We made the technician open all 500,000 packages, salvage the guts, and re-run all the letters and new labels.

    The devil is in the details when executing marketing tactics, and it doesn’t take much to reduce your plans to rubble. The best marketers are detail people that stay on top of the small stuff to make the big stuff flourish!

    For hundreds of tips on how NOT to make marketing mistakes, pick up your copy of “The Marketing Doctor’s Survival Guide”

     

  • Effective Research Critical To Assess Member Perceptions, Boost Enrollment

    Effective Research Critical To Assess Member Perceptions, Boost Enrollment

    There are many areas of common interest among member-based organizations, especially now, but the largest and longest running area of concern is certainly finding and keeping members for the long term. Its the bread and butter, the engine of any organization, forming the reason for being, driving strategic direction, drawing stable revenue, and creating the nucleus of the organization that gives it its ideological center. But how do you present that value proposition to both new and existing members in a way that keeps them engaged and involved, year after year?

    It is a question that is raised constantly in roundtable discussions among non-profit executives, and one we see in our practice perennially, as new budgets are set, statistics from the prior year are examined and goals are derived. Unfortunately, there is no single easy answer, as each organization has its own unique value proposition, its own character based on the membership in aggregate, and each should be assessed on a case-by-case basis. Fortunately, there are some common areas that can be reviewed and measured, and some relatively easy fixes that can be put in place at minimal cost that will yield results both short and long term.

    The most obvious area in which to start your retention effort is an investigation into what you really know about your members. Almost to a man, if you interview senior executives at a non-profit, they will tell you know they “know” their members well, know what they want and what they need, what will attract them to the organization. Yet if you delve a little deeper, ask when they last surveyed their members about the organization itself, about how their individual lives and businesses have changed, how their needs have shifted, how they’d like to receive information, you’ll almost invariably find that the executives view and the reality do not connect completely. There’s general agreement, surely, for any good Executive Director knows the basics of their members and their respective businesses. However, the speed with which things change, not only in the members’ lives and business circumstances, but in the media and communications arena, regarding content delivery and outreach methods, make it necessary to accelerate your rate of member surveys and research by nearly double the typical rate, in order to stay current. Flexibility and adaptation are the keys to survival, and to make the right moves, you have to have good recent data.

    Once you’ve decided to craft an updated survey, creating the most revealing questions, limiting them in number and complexity to reduce abandonment and boost response, and deciding the most reasonable and appropriate delivery method are some issues that must be dealt with. There is a balance that must be struck between gathering a comprehensive data set, and gathering enough responses to make the resulting data statistically significant. Too few questions and too little data and its a wasted effort. Too long a survey to get the most data yields too few responses and the reliability of the data suffers.

    Most surveys on a single issue or two are kept to ten questions to boost response. More indepth total member surveys can be double or triple that, but at that length, delivery methods must be considered, as does the question of incentives. A short survey can be delivered in an e-mail, posted on a website, or set up via an independent web-based services, like Zoomerang. Longer, multi page surveys don’t pull as well using online methods, and the incentives typically delivered through online surveys, including coupons and links to other sites etc, are typically not powerful enough to drive the response levels you’ll need to make good decisions. The abandonment rate is too high on a long online survey, and you might burn a bridge to your members or customers if you insist on delivering such a document in this manner. More lengthy surveys are often best delivered by old-fashioned snail mail, and include a more valuable incentive to spur response.

    Your list of recipients is also important. It may seem obvious that you include a large chunk of your current members on such a survey, to get a sufficient number of responses, but there are other constituents that should also receive a survey, and in some cases the questions should be tailored to their status. Expired members who didn’t renew, those in arrears, a sampling of prospects, those with no participation in a committee, project or who haven’t  purchased anything from the organization in over two years, each could have a slightly different coded survey, one that collects information about the value to the organization, their current business situation, and their needs and preferences.

    Once these issues are worked out, the survey delivered and the data collected, the results should be analyzed in a number of different ways. With no baseline data to work from if this is the first comprehensive survey in more than two years, this data constitutes the best information you have, but won’t be useful in spotting trends or sensing shifts in perception or preferences. It can still be used to craft strategy and policy, and to present enticing value to current and future members.

    One of the more important questions is one regarding communications preferences. If you are trying to communicate value to your members, you have to have a good idea how they’d like to receive that information. This question will also give you a secondary reading on the technology adoption curve location of your members. If a majority of members would prefer e-mail or other web-based vehicles, your members are moving toward the center of the electronic media adoption curve, and is a good indication that they will continue to develop at a pace commensurate with the national average. This metric may correlate well to the average age of your member. Older members are typically behind the curve, both due to lack comfort and educational opportunity, and to the expense associated with high-speed internet access.

    Any way you conduct the research, the best policy is to BELIEVE THE DATA. If you’ve gone to the trouble and expense of polling your members and associated constituents as to their needs and preferences, you should at least have faith in the data. If the data goes against your “gut” feeling about members, or trends away from the direction you suspected through anecdotal evidence, it may have been too long since these impressions were formed.

    Now that you have some baseline data, you can begin to formulate a strategy to address the needs your membership has expressed, and how to effectively market your approach to meeting those needs as a value statement that will resonate with members and prospects alike.

    For more like this, don’t forget to pick up your copy of “The Marketing Doctor’s Survival Notes”

  • Keep Your Audience Close . . .

    Keep Your Audience Close . . .

    As a marketer, I have a certain level of curiosity about my client’s customers, and how to reach them effectively, how to reach their emotions, to shift their perceptions, to alter their behavior in a way that helps them make the decision to buy, to join, to attend, to engage in some way. That curiosity is at the heart of all of our engagements, and as a research-based marketing strategy purveyor, we get to indulge that curiosity on behalf of clients every day, and after some discussion realized that we were all grateful for that.

    Knowing your audience thoroughly and as completely as you can is what makes for marketing success. It allows you to speak directly to them in your copy, it allows you to offer them products and services and opportunities that you KNOW they will appreciate and will feel entitled to obtain. Knowing what they like, when they are likely to like or need what you offer, knowing what stage of life they are currently inhabiting, and being able to predict how they will react to a given opportunity allows you to present thing you have to offer in a way that other retailers and marketers can’t touch. Good research will allow you to do that, no matter what you’re selling.

    Many of our engagements involve outreach in the form of direct mail, which allows clients to reach a wide audience with customized offers or pricing or product choices created specifically for that individual or group of individuals, with remarkable success. Mail may seem antiquated in an era of high-speed social media, e-mail marketing, wireless mobile this and that, but really marketing is not about tools, its about connecting with the potential buyer in a way that influences them. It’s about influencing them to consider your products and services for purchase. Purchases make companies money, period. So really, all the online communities, all the digital social interaction, all the sharing of consumer information really doesn’t make anyone any money until someone actually buys something.

    What it can do is help you know your audience better. All the data served up voluntarily on a daily basis can help you frame a profile of your audience that’s more true to life than what magazines they read or what type of car they drive, and certainly provide more recent information. The combination of social media data and transactional data from retailers can be an unbeatable combination for marketers hoping to know their audience better. The data is available, now you have to figure out how to actualize it, to monetize it, to turn data into dollars.

    The more you know about that target segment and the individuals contained within it, the better you can offer them goods and services they will find appealing. If it’s appealing, they will find a reason to buy it. The simple formula goes: data > knowledge > strategic appeal > purchase > data . . . in a big circle. It’s a good formula to keep in mind, and it feeds into the whole idea of creating a community. What makes a community, in marketing parlance, is that you have a group of individuals who have a reason in common to repeatedly participate in a certain activity, be it buying, or discussing, or learning about  or something involving what you have to offer. The “in common” part makes it efficient to reach them and binds them together. The “repeatedly” part is what connects you to the data acquisition formula, and what gives marketers the “in” to offer them things they find appealing over and over again.

    The real moral of the story is that the better you know your audience, the better you can serve them and the better your marketing will be to them, which in turn adds to your ability to serve them. Go forth and gather data . . . you’ll be glad you indulged your curiosity!

    If you found this information valuable, and would like to read more, be sure and pick up your copy of “The Marketing Doctor’s Survival Guide”. . .

     

  • Web redesign to meet actual customer needs boosts traffic 94%! Here’s how . . .

    Web redesign to meet actual customer needs boosts traffic 94%! Here’s how . . .

    Thought You’d Enjoy This . . .

    There’s high competition in higher education. Every day, thousands of colleges and universities go head-to-head, vying for prospective students’ enrollments. For today’s digitally savvy youth, school websites must be on their “A” game.

    “For the vast majority of institutions, it’s your No. 1 communication tool,” said Molly Honan, Associate Vice President of Marketing and Communications, Emmanuel College.

    Learn how Emmanuel College’s team collaborated with students and faculty to fuel a website redesign that upped campus visits and deposits while boosting mobile traffic 94%.

    Read the Rest . . .

  • Research Is A Cost-Effective PR Tool

    Research Is A Cost-Effective PR Tool

    All of Granite Partners’ consulting engagements involves some sort of primary research, either as part of a SWOT analysis to assess market position, or customer interviews or surveys, or investigations into new applications for existing products. But there are other uses for empirical research – one of those is for PR media exposure.

    If your company does field research, product development, manufacturing or offers a service, you might be able to use your own internal corporate data, and publish your findings as they apply to the general public, and promote those findings to increase awareness of your company.

    Generally, for a business to receive media coverage, they need to craft and offer a story that is timely, urgent, relatable and relevant. Under the right circumstances, research findings can be all of that and more. If you’ve invented a new chemical formula for use in your products, there is likely extensive research on that new formula regarding it’s safety, it’s physical properties, it’s applications, it’s effects when reacting with other substances, and a host of other attributes. If you look at those results in a slightly different way, you might find that there is news in that innovation. If you were to find that the new formulation enhanced lubrication between plastic parts, for example, or had other solvent properties when used against marker or crayons, or some specific stain, that product could be marketed to a whole new audience. Your research might be promoted as something like “New Formula Removes Crayon Like Magic – new Kid-Safe Formula”.

    Taken further, if you are a service company, say a cleaning service, and you regularly poll or survey customers after they’ve received their service. Typically, there would be questions regarding the customer’s satisfaction with the job, what they liked and didn’t like, did the operators do a good job, did they arrive on time, etc. It would be very easy to add a couple of questions to that survey regarding the use of organic cleaning products, favorite fragrance used in the cleaning process, how the customer gauged the “level” of clean achieved, and others. In aggregate, that data could easily be used in an eye-catching headline “Only 35% of Consumers Prefer Organic Housecleaning Products – Majority Feel Organics Offer Reduced Effectiveness” and the subsequent release copy could go into detail about how customers don’t show a preference for organic cleaners citing that they don’t clean as well, based on your own company’s primary research. It’s not a scholarly, peer-reviewed journal article, it’s not a scientifically-vetted study, but it’s honest, it has actual customer data included, and it shows a preference that might surprise readers – and what it really does is create a platform for you to gain some exposure for your company as a thought leader in the industry.

    We’ve found in our experience with clients that primary research always pays for itself in terms of marketing insight, and some data has revealed trends, shifts in perception, and new applications that have yielded millions in sales and new growth for the companies that initially commissioned the research. Forward-thinking companies usually understand the value of the data we uncover, and the most innovative among them use that data for multiple purposes, including those described above. When weighed against all the additional uses for the facts that the data reveals, research is one of the most cost-effective marketing tools you have in your toolbox. Take a few minutes one afternoon and review your internal corporate research data on your products or services or customer’s buying behavior, and see how many attention-grabbing headlines and stories you can wrench out of it – you might be surprised at the resources for media coverage you’ll find hidden there!

    If you liked this post and would like to learn more about this and similar topics, be sure and pick up your copy of “The Marketing Doctor’s Survival Notes” 

     

  • Sometimes the Question is More Important Than the Answer . . .

    Sometimes the Question is More Important Than the Answer . . .

    There are times in a marketer’s career when asking the right question spurs the next great idea that turns into a campaign that turns the corner on profitability and launches a whole new direction for the company or the product.

    Having the curiosity and the courage to ask that question – although to you it might seem obvious, so obvious in fact that you’re sure someone else must have thought of it, analyzed the result and discarded it as unworkable – is what good marketers do. How many times have you been in a meeting and another employee asks a seemingly innocent question, and suddenly the room is on fire with ideas, and more importantly, positive feelings and agreement to trying the idea immediately. Have you kicked yourself for not asking the same thing? Why didn’t you – because you thought it was too obvious. It was obvious to you, because that’s the way you were trained to think – but most of the other people in the room were not trained that way, and that’s what makes you special!

    Think it through quickly, end to end, and go ahead and bring up the obvious – you’ll be surprised at the reaction you’ll get. Curiosity and courage linked together will get you a long way in marketing. A famous marketer I know is fond of saying that there are no bad ideas, just those that don’t work under the current circumstances. His approach is to try almost anything that appears viable, and if 6 out of 10 of them fly, he’s a winner! Indeed the margin on a good idea is pretty high, so it doesn’t take much for a good idea to bring in far more than all the bad ones waste. Remember the old campaign,”Try it, you’ll like it”? Not a bad mantra in these tough times. Businesses are desperate for good paying customers, and ideas that will attract them are in short supply.

    Step up, state your idea, and let the chips fall – you’ll likely be applauded and the chips fall your way – if not, at least you put something viable forward, and if it doesn’t work now, circumstances will forever change and it might work at some other time.

    If you found this valuable or insightful and would like to read more, subscribe to this blog above. Don’t forget to pick up your copy of “The Marketing Doctor’s Survival Notes”

     

  • Good Customer Service MAKES Your Company Money

    Good Customer Service MAKES Your Company Money

    One of the hallmarks of a strong b-to-c company is the reputation of their customer service approach. Think how much the CS interaction defines the brand for customers. As an example, two companies highlight this clearly – L.L. Bean = Good! Comcast = Bad.

    Comcast may be delivering an outstanding, clear, signal over a vast network of installations, over 99% of the operating time – a competitively good product in many people’s eyes. But mention their name to a customer who’s had a problem, no matter how minor, that they tried to resolve over the phone, and they will inevitably bend your ear for an hour about how hard it was to communicate and get issues resolved quickly and effectively. Horror stories abound, and multiply daily.

    Now, mention L.L. Bean to a customer who’s tried to send something back, or return something to a retail outlet, and they will smile and say that it couldn’t have been easier, and they were nice about it. Bean ships globally to millions of customers a year, from a huge fulfillment facility with hundreds of different products, sizes, colors, styles and variations, leading to millions of pick-and-pack combinations for a given order. Inevitably mistakes occur, but it’s how they handle them that matters to customers. Their policy is that they will take returns of their merchandise and refund or replace, no questions asked. They LIVE that policy every day, and it shows.

    If your marketing department is working in concert with your customer service department as they should be, your company can harness the power of the CS relationship with customers to build your reputation, and polish your brand to it’s desired brilliance. If they’re not, you could be languishing in the basement with the likes of those who outsource their CS, ignore complaints, abuse customers, and lose revenue as a result.

    Customers will tell you some amazing things, about your own products, sometimes even come up with new uses for your products that you can use to market them! But you have to build in the mechanism for that information to find it’s way up to those who can use it.

    Good customer service starts with the ability to empower CS personnel to resolve problems immediately and effectively. The customer is not the enemy, but you’d be surprised how many CS depts treat them that way. It’s not about policy, its about people. They don’t have to be all sweetness and light, but they should be professional, reasonable, helpful and genuinely want to assist the customer. If the response they are trained to offer includes the words “our policy won’t allow for that” – rewrite the policy and retrain the whole crew – it’s defensive, it’s confrontational, its antithetical to “serving” the customer.

    Think how many evangelists you’d create if each and every customer interaction was a positive one. How many upsells, how much pass along, how many influencers would you create in the world if every time your company touched a customer, they came away better off for the effort. Think of the sales increase you’ll create, what that would do to the lifetime value of a customer! You can effectively take what is commonly treated as an overhead item and turn it into a profit center, with a few adjustments to the training, scripting and approach of your customer service team.

    Tell us your worst customer service stories, and we’ll share them and use them to help make better companies with them.

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    Also, don’t forget to pick up your copy of “The Marketing Doctor’s Survival Notes”