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Woo
Your Customer!
Author:
Anil K. Agrawal
Business Advisor & Mentor
Telephone: 613-521-8838
Revenues
are down!
Competition is tough!
Customers are shopping around!
Business is slow!
Marketplace is changing!!! |
What to do?
Well,
don't just sell, sell, and sell!
Do something different!
Innovate!
Woo your customers! Mine your GOLD!
Create
organization-wide
customer consciousness, excellence and value-focus.
Build Employee & Customer Loyalty.
Retain Customers.
Increase Customer Share.
Attract New Prospects.
How?
INNOVATE and
DEVELOP your customer-centered practices.
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Are
customers dependent upon you ... or, are you dependent upon them?
Both,
in fact!
Why
do some businesses always win in good times and bad times alike
whereas many large and small businesses drown in the deluge of
economic slowdown, or buckle under the challenge of competition?
What's
the difference? What is the secret of winners?
Unrelenting
care for the Customer!
Winning
vendors woo the customer in every possible way, in all they do.
They respect the notion that the customer is dependent on them
as much as they are dependent on the customer; they also know that
customers stick to vendors that really care for
the customer.
When
your entire organization genuinely cares for
the customer, you will build customer loyalty, retain
customers, and attract new customers—customers will
keep coming back to buy more; customer will gladly pay your
right price—generating consistent revenue flow at respectable
margins, and happy customers will brag about YOU to the world.
Caring
for the customer
IS THE DIFFERENCE.
This is also the SECRET OF INFALLIBLE SUCCESS
of those who don't just survive, but thrive through thick and thin.
How
is your business doing? Ponder some questions in your own context:
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Do
you command your customers' trust and confidence enough
that you are the preferred supplier for their ongoing
needs? |
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How
would you rate customer loyalty and retention in your organization?
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Did
you ever lose customers? Do you know or did you find out
why they shifted? |
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Did
you ever lose a bid to competition? Do you know why? What
lessons were learned? |
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How
would your rate the customer care that your organization
renders? |
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Do
your customers provide you a first hand feedback about your
quality and service? |
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Do you and/or your senior management accompany your sales
people on sales calls to get a first hand feel for how prospects
and customers perceive your company? |
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Have you ever listened in to your customer service calls,
and evaluated the service rendered, response times, and
solutions delivered? |
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Have you ever sat at your own reception, and seen for yourself
how the incoming calls were handled, how the visitors were
treated, and the value your reception staff rendered? |
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Have you ever impersonated as a prospect yourself, and called
your company, requested for some information, asked for
a favor, posed a problem and sought help, and such, and
experienced your company's responsiveness and service quality
yourself? |
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Would you engage mystery shoppers to tell you their buying
experience with your company? |
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Do you, and how, you attract new customers and win their
loyalty? |
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Who has the responsibility to increase customer share of
your business? |
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Why would customers do business with you in preference to
your competitors? |
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Is
there a recipe that any business can put to work?
Yes,
there is.
The
recipe is simple, yet profound in the impact it can make on your business!
- KNOW
what your customers want and need; customize your offerings;
measure their outcomes.
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- Consistently
DELIVER quality and value.
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- And,
take CARE of your customer!
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That's
it!
Your
customers will keep coming back to buy more; your reputation will attract
new customers you will constantly expand your customer base,
and steadily grow revenues, profits, and boost your business.
Simple!
But,
not easy to practice!
Alas,
there is more talk than real action
about customer service, customer-focus, and customer care!
How
few businesses really tap into their GOLDMINE the CUSTOMER!
Customer
care is what inspires a customer to feel good about your business.
Common sense dictates that every business must pay utmost attention to
in all circumstances.
But,
what's the reality? Perhaps businesses are too busy "selling"—finding
new customers, and pushing the wares—to stop and ask "what
the customer needs or wants," or "how was the buying experience
of the last customer," or "how well the goods and services sold
really served the customer needs."
Can
you do something proactive, and become
your customers' favorite, and star of the marketplace?
Yes
define your value proposition to each customer;
mobilize your entire organization to embrace it, live it, and
deliver on it in ALL they do; and partner with your customer
stop selling; help them buy from you now and forever!
Elements
to "Woo your Customer" |
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Customer-centric
value proposition:
In
all you do whether dealing directly with the customer,
or working behind the scene, know and be responsive
to needs of your customer, deliver the best value,
and provide each customer, and every time, a memorable
experience of doing business with you.
How
can you consistently deliver on this proposition?
By instilling, at all levels throughout your organization,
a fundamental respect (mutual dependence and trust) for
the customer; and by creating a pervasive culture
of customer-consciousness, excellence
and value-focus in all activities throughout
your organization. |
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Partnering
with the customer:
Partnering is the top rung in the vendor-customer interaction
ladder:
Selling
--> Consultative Selling --> Partnering.
In
partnering, the intent is to serve
know what your customer really needs and wants; demonstrate
genuine concern for the results your customer will derive
from your goods and services; pour real value in all you
propose; help them buy from you; and be a catalyst in
their endeavor, and assist your customer to get the best
results.
You
develop a cooperative and collaborative business
relationship with your customer; the vendor and the customer
have full regard for each other's interest.
You
augment customer's buying process and results-endeavor
with your expertise throughout the sales and delivery
cycle from pre-sales to ultimate results.
Be assured that your customer whom YOU serve
well comprehends your challenges, and will
help you in your endeavor to serve them.
That's
the essence of Partnering Cooperation and collaboration.
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Vendors,
who define and diligently pursue their value proposition and
develop customer-partnership as a credo, build solid customer
trust and reputation, garner customer loyalty and market-attraction,
and thrive in good times and bad times alike.
Reality
check
Ponder
on your own value proposition and if and how well customer-partnering
is practiced in your organization.
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Does
your organization have a well-defined value proposition?
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What
are the specific elements of your value proposition with
reference to customer responsiveness, experience and value?
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How
well is your value proposition communicated within your
organization, and to your customers? |
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How
well is your value proposition practiced? |
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How
familiar are all your people with the value proposition?
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How
do they relate their own activity to the customer value
proposition? |
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What
measures are in place to ensure adherence to the value proposition? |
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Are
you practicing customer partnering in your organization? |
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What
is the notion of customer partnership, and how do sales
people relate to it? |
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Who
is responsible for creating and supporting customer partnerships?
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How
do you communicate partnership with your customers? |
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Implementation
What
does it take to implement customer-value proposition and customer-partnering
strategies?
Do
you need to revamp the business, or can you harness what exists
your organization, human capital, and other resources?
The
author suggests relentless pursuit of Innovation & Development (I&D)
initiatives to make the most of your strengths, assets, and inherent
possibilities.
INNOVATION
Innovation
calls for thinking in new ways do things differently to
produce new outcomes; adopt creative and proactive orientation;
create new solutions and customer-driven take-to-market strategies.
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DEVELOPMENT
Development
prepares and supports the organization to become innovative
and to deliver on the new value proposition explore possibilities
and opportunities; generate alignment on customer-centric culture;
focus on employee value, knowledge, and productivity; generate
customer partnerships.
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Innovation
& Development measures only amount to changing
the mindsets, mobilizing the entire organization, harnessing
the existing assets and resources and opportunities to identify
and practice more of what is working well, what can be improved,
and to maximize the outcomes for your customer — experience,
value and dependability. |
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The
aim of I&D is
two-fold.
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Instill a customer-centric mindset in all employees,
and optimize and customer-ize all business activity organization-wide
harnessing the existing resources, maintaining
the current organization, and squarely focusing on the
customer.
Ensure
that the organization deliberately adopts, diligently
practices, and consistently delivers on the customer value
proposition. |
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Wake up the entire organization to the tenet:
"Proactively deliver complete customer satisfaction
upfront, not in response to complaints or requests;
it is too late to reactively deal with customer dissatisfaction."
Make
all employees working directly with customers,
as well as those remote from the customer aware
and conscious of customer experience and value at all
touch points.
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Impact
of alignment on customer-centrism
When people are aligned on a credo like "customer is the purpose
for all we do," you will hear humming through your entire organization.
You will find that:
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All
employees have an innate urge to be their best, desire
to contribute their utmost to customer value and experience,
and think creatively not only generate bright ideas,
but put their ideas to work; |
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Teams
self-organize themselves, and keep the customer value
proposition at the center of all their deliberations and
actions; |
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Results
flow in real time customers perceive unmatched value,
experience total satisfaction, remain loyal, and keep coming
back to buy more; new customers walk in; your revenues and
profits soar and sustain. |
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Is
I&D akin to R&D? No! Unlike R&D, I&D is not a separate function,
nor calls for additional investments. I&D is pervasive ingrained
in everyday sales, production, delivery and administration functions.
I&D initiatives happen now; and outcomes are immediate.
Who
handles I&D? An I&D Champion, preferably a dedicated
person who acts as a catalyst to inspire and inculcate the mindset
of customer-consciousness, excellence and value-focus, and facilitates
innovation and development initiatives throughout the organization.
The
I&D champion collaborates with functional teams, helps people
identify and define specific I&D projects, and oversees execution. Not
a functional expert in any specific area, he/she performs the role of
a facilitator, trainer, coach and cheerleader.
Call
for Action!
Would
you like to explore implementing I&D initiatives in your
organization?
Please
call us. Let us discuss possibilities. No obligation!
Either
telephone at 613-521-8838, or send an online
email.
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About
The author —
Anil Agrawal:
Anil
Agrawal is an experienced high-tech industry intra-preneur and entrepreneur,
business manager, consultant, trainer, coach and mentor. In his corporate,
entrepreneurial and consulting careers, he developed many new business
opportunities (within the corporate umbrella and on his own), and built
successful customer-focused, service-dominant ventures.
In
this paper, he presents ideas and strategies that emanated from his own
experiences.
A
facilitator, mentor, consultant and trainer, he renders services as
an I&D Champion a catalyst and a facilitator. His versatile business
background is an asset in this role.
An
idea generator, articulate communicator, troubleshooter and problem-solver,
he is keen to launch I&D initiatives and deliver results in client organizations.
Using what exists, he can create new solutions and take-to-market strategies,
and act as a catalyst to help business teams contribute to the value
proposition, deliver customer experience, and make a difference.
Accountable
for results, he brings fresh perspective and a creative bent to support
innovation and developmental initiatives.
Contact:
Anil Agrawal, Tel:613-521-8838 Contact Online
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