Tag Archive for 'expert'

Forge the customer goodwill alloy of “Thank you”

What would you pay for a small business silver bullet to win the fight with Big Boxes and online competitors?

Before you get overwrought about how you would come up with the cash for something so valuable, here’s good news: It’s free and you already possess it.

There are several versions of this silver bullet, each to be used at an appropriate time and engagement, but here’s the default version and the most important one: “Thank you.” I promise, if your customers never leave behind their hard-earned cash without hearing a heartfelt, “Thank you,” your business would become a competitive force to be reckoned with.

Here’s an expanded version: “Thank you for your business.” Long after this sentiment enters the ears of customers, when they’re considering the next purchase of what you sell, they will remember that you looked them in the eye and lodged these words in their heart: “Thank you for your business.”

Here’s one more, in response to a request or when a customer thanks you first: “It’s my pleasure.” And if you really want to pull off the silver bullet hat trick, say, “Thank you. It’s our pleasure to serve you. We really appreciate your business.”

Saying thank you – and making customers believe it – forges what I call the “Customer Goodwill Alloy.” Just as steel is created when you forge iron with other elements, customer goodwill is created when values, commitment and engagement are forged in the crucible of training, practice and execution, causing your employees to say “Thank you.”

We all know what happens when steel is left exposed and unmaintained: Corrosion causes it to revert to its base elements as rust. But do you know what happens when the “Customer Goodwill Alloy” is left unmaintained and exposed to the elements? It sounds like this, “No problem.” Or, “Here you go.” Or, “Have a good one.” Or even worse – nothing! Not even eye contact!

If you want to compete in The Age of the Customer, you can’t allow your business to revert to customer service rust. More than a means to an end, it must become a way of life to forge and maintain the “Customer Goodwill Alloy” every hour of every day of every year.

If your door is open, if your phone is ringing, if your website is working, customers must know how important they are to you. Otherwise, save yourself a lot of money and anguish and close up your business now. The Big Boxes have beaten you.

Paraphrasing Paul Simon so customers don’t leave you, there must be 50 ways to express your delight in serving a customer instead of “No problem.” Use them! Words matter!

“No problem” is a big problem that can be solved by simply saying “Thank you.”

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“Top Ten List of things I believe to be true about the global war with radical Islamic terrorists”

Sometime after the attacks of September 11, 2001, I created what I titled the “Top Ten List of things I believe to be true about the global war with radical Islam,” and those states that support and encourage them. Sadly, this list is still valid today, especially after recent events in Libya, Egypt and elsewhere in the Middle East. Here is my Top 10 List:

Number 10. Regardless of where they live on planet Earth, all people who are free – or who want to be – are in a global war against radical Islam.

Number 9. The war on terror has no front lines, rear areas, demilitarized zones or safe harbors.

Number 8. Islamic terrorists kill innocent people because they hate Jews, Americans and other “non-believers” more than they love their own children.

Number 7. The war on terror is not about oil or Israel; it’s about global domination by radical Islam, which wants to take civilization back to the first millennium A.D.

Number 6. Terrorism is very efficient. Even failed terrorist acts are successful because they almost always have the effect of limits being imposed on free societies, like having our shoes and liquids screened every time we board a plane, and being groped by the TSA as if the 4th Amendment wasn’t part of the Constitution.

Number 5. For many years, mistakes have been made in dealing with terrorists by many governments and their leaders; more mistakes will be made. Our enemies are the terrorists, not those who make mistakes trying to fight them.

Number 4. Success in the war against radical Islam will not come to the naive, the passive or the squeamish. History has shown that appeasement does not work when dealing with evil. Islamic terrorists will never employ or respond to diplomacy or negotiations; they will kill and create chaos until they win or we kill them.

Number 3. By themselves, terrorists cannot defeat us; they can only create conditions that diminish our resolve and cause us to defeat ourselves.

Number 2. Today, the future of the free world is at stake because of the stated goals and determination of radical Islam.

Number 1. It is absolutely possible that we could lose the war against radical Islam.

In 1998 I started saying that the 21st century would be the century of the entrepreneur; where small businesses around the globe would leverage liberty and free markets to collectively lead the world with their contribution. I still believe that.

But unfortunately, simultaneous with making the world a better place through our efforts in the marketplace, we also have to do whatever is necessary to prevent the 21st century from becoming the century of radical Islam.

Finally, to paraphrase the almost 300-year-old wisdom of Edmund Burke, the only way for evil to triumph is for good men and women to do nothing.

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On September 11 I talked with Janice Kephart, an internationally recognized border and ID security expert and counsel to the 9/11 Commission, about the World Trade Center attacks and our current safety from terrorists. Everyone should hear what she has to say - click here to listen or download.

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“Follow me home” – a gift from customers

First, let’s establish two maxims: one classic, one new.

Classic: The cardinal rule of customer acquisition – it’s not your customer’s job to keep your business top-of-mind, it’s yours.

New: Your website is becoming less of a destination and more of a distribution center – develop a strategy that doesn’t depend upon prospects and customers returning to your homepage.

Every business owner knows it’s easier to keep a customer than find a new one. But with all of the online options and commercial clutter, keeping their attention is getting harder.

The good news is for every example of how technology makes business more complicated, there is a corresponding tool or application that increases efficiency and productivity.

The best example for how to stay on the radar screen of people who already know you – users, prospects and customers – is to practice what I call the “Follow me home” strategy.

Once someone determines they like your business, they’re increasingly willing to give permission for you to “Follow me home” with digital information and content, by email (newsletters), texting (updates), social media (useful content), etc.

“Follow me home” supports three critical elements in 21st century customer relationships.

Emotional: At the heart of “Follow me home” is trust that a business won’t abuse this privilege. This is a gift – value, protect and perform on this.

Practical: “Follow me home” conveys that you understand people have other options, are very busy and want help staying connected.

Technical: Elements on your website that make “Follow me home” easy (“Subscribe to our free newsletter”, “Follow us on Twitter, etc.), score the online hat trick: values, thought-leadership and technical capability.

“Follow me home” is good for your business in four ways:

  1. You’ve been invited to connect with regular, useful content and appropriate marketing messages.
  2. Since it’s a natural law that a prospect has to see several impressions before converting to a customer, “Follow me home” becomes an effective and efficient conversion practice.
  3. “Follow me home” is one of the best ways a user pre-qualifies themselves as a prospect.
  4. New technologies make delivering on “Follow me home” easier than ever.

Make it easy for users, prospects and customers to give you permission to, “Follow me home.”

“Follow me home” is a buying signal waiting to happen. Are you listening?

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I have written and talked extensively on “Follow me home” and other perspectives in The Age of the Customer. Click here to listen, read or watch.

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America should have a National Small Business Day

Some say Matthew Maguire is the father of Labor Day – others say it was Peter McGuire. Both cared greatly for an important segment of the marketplace, its workers.

Regardless of paternity, such a day was first celebrated on Tuesday, September 5, 1882, in New York City, when members of the CLU took an unpaid day off to demonstrate solidarity and, of course, have picnics.

In 1884, President Cleveland designated the first Monday in September as Labor Day and an official federal holiday.

In 1898, Samuel Gompers, then head of the American Federation of Labor, called Labor Day, “The day when toilers’ rights and wrongs would be discussed … that workers may lay down their tools for a holiday … touch shoulders in marching phalanx and feel the stronger for it.”

Alas, entrepreneurs aren’t organized like our unions, probably because we’re too busy making payroll. There is no official Small Business Owners Day set aside by the government as a holiday to salute the few who do so much for so many; a day to honor the real marketplace heroes, small business owners.

There actually is a small business week when the U.S. Small Business Administration recognizes the “creme de la creme” of entrepreneurs in America. But it’s not a federal holiday, and not always the same week each year.

Labor Day was created primarily to recognize union members. Today, this group represents barely 11% of total workers and has declined to less than 7% of the private sector.

Small businesses represent over 98% of all U.S. businesses, produce over half of the U.S. GDP, and sign the FRONT of the paychecks of over half (70 million) of all U.S. workers. Let’s see: big deal on Labor Day; but no Small Business Day. What’s wrong with this picture?

So, what’s the answer?

Let’s celebrate Small Business Day as no other national holiday has been: on a Sunday, to save payroll expense. August is the month-of-choice because that’s when politicians are home on recess. This way they can practice casting their pearls before small business owners in preparation for eating barbeque with the unions on Labor Day.

To paraphrase Samuel Gompers, small business owners deserve a day for which these signers-of-the-front-of-paychecks have their rights and wrongs discussed; that the small employers of our day may not only lay down their challenges for a holiday, but also touch shoulders in marching phalanx and feel the stronger for it.

It’s time for a National Small Business Owners Day.

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I talked more about creating a National Small Business Owners Day today on my radio program, The Small Business Advocate. Click here to download or listen.

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