Info

You are currently browsing the archives for the business relationships category.

Calendar
February 2012
S M T W T F S
« Dec    
 1234
567891011
12131415161718
19202122232425
26272829  

Archive for the business relationships Category

Sometimes Customers Need to Get Lost

Dumping some customers is good for business. For instance, there’s a drafthouse movie theatre out west that routinely kicks out customers. Why? For talking or texting during the movies - strictly verboten during the shows and evidently well documented on the walls and during the pre-movie trailers. One customer got escorted out for texting for which she sent an email brimming with profanityto the management. The theatre does some of its own ads and read the email in a spot aired before the movies. They closed it by saying they’re glad she’s not coming back. It’s a rather pointed warning for those in their seats, too.

A bad customer can cause good ones to leave simply because they don’t want to be around them. Yes, yes, yes — it is very tough to tell someone to hit the road and not come back. That goes against everything we have learned as business people. The number one thing we’re taught is, “The customer is always right,” and no, they’re not … well, I don’t think so. Sometimes they’re abusive, chiseling creeps who do their best to get one over, or get you to work for free and, well, you get the idea.

Generally, though, customers are right and if one customer is causing others to leave or complain, then the only reason to keep the troublesome customer is because they are giving you tons of money. If that’s the case, think creatively about how to work with them so that they’re isolated from other customers. Maybe you set up a Skype connection so that they can order without leaving their office. Maybe you visit them on their premises, or assign one person to deal with them in an office somewhere else at your place of business.

The other thing to question is, are they driving off customers and you don’t see it? Many folks just stop showing up and don’t voice their dissatisfaction or discomfort. The solution for this is to talk one-on-one with random customers as often as possible. Most won’t say anything unless it’s a fairly direct set of questions, so create a standard list that you ask all customers. You get a better sense of what’s working or not when your questions are standardized.

Don’t be afraid to cull the herd, thin the ranks, take the trash to the curb, and whatever saying you use. Sometimes, that’s all you can do, so don’t feel badly if it happens.

So, you think you can write?

writing.jpg
Before we start, I’m not trying to pick on you, belittle you or make you feel bad. This is about what you can do to improve your image and increase sales, and really good writing is a huge help. I cover this topic fairly often because I see examples daily of how people shoot themselves in the foot in the self-deluded idea that they are great communicators. Bad writing drives people away very, very quickly; good copy grabs and holds them.

Okay, back to the title: Yes, it’s sarcastic, but it’s a legitimate question: Do you really think you can write? Is it something you love to do? Have you been published more than two or three times? Have you attended workshops or webinars to improve your writing? Do you write something with at least 300 or 400 words every day, or at least several times a week? If the answer isn’t yes to these questions, you really need to think about your skill level. Writing is like any other activity – it takes regular practice to be good.

One of the things I do for a living is write and I do it for people who either don’t like writing, or don’t like it enough to want to spend the time, or they make a lot more money doing what they do best and would rather pay me. Be assured, these are smart, successful people, so their wisdom is probably something to absorb.

My point here is that if your writing isn’t really well-crafted, folks aren’t going to read it. If no one has ever paid you to write for them, that’s a sure sign you haven’t been exposed to the things that make ad copy and articles hold people’s attention and motivate them to do what you want. Good writing makes the cash register ring; bad copy does not.

By all means, though, you should write and try to improve your writing. Just as famous actors take acting lessons throughout their career, the best writers have editors, coaches and critics, too. The more you know about writing the better you express yourself in everyday life.

So, keep writing, and get help for your business needs. Yes, I’d love to work with you but, whether or not it’s me, get help. It’s an investment that pays great dividends and sets you apart from your competition.

Who’s smarter? Your customers or employees?

Social media and the Internet has changed customers expectations of their relationship with you - they expect to have a good idea of who you are, what you do, and so on, before they step foot in your place of business - and they changed the level of knowledge customers are armed with when they decide to give you their money. What does this mean? That you can find that your customers know more about your products or services than your employees know.

A 2010 study by IBM found that 55% of retailers say that customers are more connected to data than are their workers. Not surprisingly, 87% of retailers said that customers are using online shopping and comparison tools to find the best deals. This is a huge problem for two reasons:
- Customers enter into your store expecting higher levels of expertise from your staff than ever and,
- With their price knowledge, you have to be more competitive, which shrinks margins, which makes freeing capital for employee education even harder.

We’ve all seen the ads where someone talks to a store employee (usually wearing a blue shirt with yellow lettering - guess who) and they bumble and fumble when trying to answer a product question. That’s a nightmare for anyone in business, especially retail, if that happens in your store.

All this means that you have to work even harder to draw the customer in, make them feel at home and believe that shopping with you is preferred even if your prices aren’t the best they can find. A 2009 study by the Wharton School at the University of Pennsylvania reported five core aspects customers consider key to a great shopping experience:

1. Customer engagement: This means being polite, caring and genuinely interested in customers, and being available to help and listen at all times.

2. A Positive Brand Experience: Customers want to see an attractive store that is well laid out and filled with quality merchandise. This helps customers feel more special and feel greater value in shopping with you.

3. Execution: Patience, good advice, clear explanations, product availability, ample product knowledge - these are what customers expect every time.

4. Problem Recovery: Customers expect satisfaction when problems arise, to be treated fairly and compensated for their trouble, and to get satisfaction in the end.

5. Expeditious Transactions: Quick checkouts, easy shopping and other considerations of their time show that they matter … a lot. For some, this can be their sole measure considering how time compressed we are these days.

The big job that many businesses face is instilling these five aspects in employees, and then helping them reflect them in their interactions with customers. Properly applied, they will give customers’ a strong perception of the value you offer.

Social Media & Your Brand - It’s What THEY Say

lightbulbhead_200px.jpgEven though I’m starting a social media and marketing school (www.facebooklexington.com), social media isn’t the be-all and end-all. You’ll notice it’s a social media AND marketing school, because too many people are giving seminars on social media, but they’re not really telling you how to use it to its best effect. Some are treating it like it’s all you need, and that’s the real fallacy – social media is only one part of your marketing and should be part of an overall strategy. Some question whether it should be in the mix at all.

There is some discussion among the marketing mavens in the uppermost floors of skyscrapers in the world’s major cities, and the discussion centers on whether social media is worth it. Some major companies are not seeing the returns they expected on huge expenditures in social media. For instance, despite going viral, there is reason to believe that the Old Spice Man videos didn’t help sales; coupons and in-store promotions did. It could be argued that it bought mind share, but how do you know?

I believe it has to do with the fact that social media misses the mark for many folks. Why? Two big reasons:

A. Not enough people are doing social media right. What’s most important is not the number of friends, how often you post, how many people see your post, and so on. It’s how many people give you their money.
B.  People are throwing time and resources at it (which equals money - it’s not free like people tell you) without a real strategy. That is a recipe for waste and disappointment. When you post, are you leading up to something? Are you finding ways to tie your posts to your products or services?

The foremost question is, are you promoting your brand?

I love this quote from Johnathan Salem Baskin: “Brands don’t exist, at least not like rocks or tax returns. Brands are ideas that have no external existence or legitimacy apart from the creative agency of human experience. Brands aren’t things but rather conclusions, and therefore have no voice, reputation, attributes, or actions that aren’t the result of somebody doing something (or something happening to them).”

My main definition of brand is this: A brand is the promise of continued delightful experiences based on a history of delightful experiences. If you’ve read this blog, you know that I rave over the service and food at Bella Notte (go there and you’ll understand). The number one reason I do is, I’m delighted every time I’m there without fail. Do your customers have that unwavering loyalty? Do they post to FourSquare, Facebook, Twitter, Scoville, Yelp, etc., etc., etc.? Eating at Bella Notte here in Lexington compels me to tell the world … on social media. In one sense, it’s not what you post, it’s what everyone else posts for you.

Is social media a fad? No, it’s a constantly morphing electronic entity that has roots running back to the 80s. First it was dial up service and bulletin boards; now it’s social media on a variety of devices (even refrigerators) and who knows what tomorrow. Be ready to change.

In the end, social media is a way to measure sentiment and gauge your performance. You have to “prime the well” (a saying lost on many who use social media because they’re too young) and create conversations, then find ways to listen closely. You need to make it part of all your marketing. It needs a plan, goals, measurements and ways to judge the ROI. Don’t think it’s free because that will really cost you.

If you want help making it the most it can be with the least “wasted motion,” give us a call. It does work, if you know how.

Frank Communications Lexington, 859-335-8742, our Website (click here)our Facebook page

Bella Notte Proves Your Service Is Your Brand, Pt. II

My wife, Deborah, and I went back to Bella Notte tonight mostly because, as I’ve said before, you always get a great meal there plus great service, and also to see what sort of reaction there was to my posts after the last visit. This was by no means a test, but it would tell me several things. What did I find out … I mean besides the fact that the food and service were excellent as always?

I saw that they get the whole service thing in ways many business owners haven’t begun to fathom. Not only did let the entire staff know what was said the next day after they hit the Internet, they also thanked me tonight for the posts - servers and manager alike. This is important for several reasons, including:

A. It shows they communicate with their staff … a lot
B. They are watching the Web for comments being made about them and using them as a tool
C. They have a very good grasp of the power of Web 2.0 (or 2.5 or whatever someone decides we’re up to)
D. They are integrating this smart marketing into their daily customer relations

There are many other reasons why this is important, but none more so than letting a customer know that you really care about their thoughts, feelings and satisfaction time and time again. Who checks on this? Mr. Toyoda himself.

Kuni Toyoda, the founder of Bella Notte, Fazoli’s and Smashing Tomato, is a smart marketer and, by all accounts, a good man. He and his wife eat at their restaurants almost every night. This is more than “eating one’s own cooking” (to quoin a phrase), it’s leadership. This shows his staff that he cares and pays attention to what they’re doing and what the customer reactions to his product and service are.

So, again, if you want a great meal and a really good lesson in customer service, tool on over to Bella Notte. Tell’em I sent you, but don’t expect anything for that - special treatment is standard whether my name is mentioned or not.

What do your customers think of you?

I’ve asked this question many times in articles, blog posts and a variety of other places. Let’s be honest here: Do you REALLY know what your customers think of you? I don’t care if you’re a one-person business or one with a thousand employees, if you’re not regularly asking the folks who hand you checks, purchase orders or credit cards what they think of your company, employees, services, products, logos, signs, bathrooms - really, everything - then you’re probably losing money, opportunities and, worst of all, customers.

You might say, “Well, we’re as busy as we can stand to be. Obviously things are going well.” I can’t argue with that logic, but I don’t know a single business owner that wouldn’t like to either have to have more employees to handle an overflow of business, or be able to charge a bit more on the business they have.

I tell my clients, “Everything matters - everything!” They ask, “Even bathrooms?” You betcha! Think back to when you went to a store and wound up having to ask for directions to the “facilities.” You got there, walked in and thought, “If this weren’t really urgent, I’d turn around and walk out.” Whether you know it or not, that registers and, should there be anything else that comes up that you don’t like, your subconscious will add that to the decision process whether you’re aware of it or not. That subconscious score keeping can be why you switch vendors yourself, or don’t feel a particular loyalty to them - the little things have added up and subtracted your interest in them.

Given that keeping a customer generally costs one-fifth of what it costs to get a new one, why would you take the chance. By the same token, why take the chance of missing an opportunity when you get them close? So, what do you do? Talk to them, ask questions, give them coupons and discounts in return for survey completions. Hold focus groups and get an 800-number where they can call anonymously.

Look around at your place of business and listen to your employees as though you were the customer. What are you seeing and hearing? If it doesn’t make you smile, it’s time to get busy. Better yet, get a trusted friend or advisor who will tell you the truth and ask them to be totally candid with you about things.

If this seems like too much work, then maybe your customers might not see doing business with you as worth the effort either.

What makes you hire someone?

If you hire people at your company, or are involved in the interview process, what is the main thing you consider? This is a poll that I posted on LinkedIn. Please pass this along to colleagues, too.

The Formula for Delighted Customers

Definition: “Delight - To take or give great pleasure or joy.”  You often hear companies being told to “Delight your customers.” You definitely should do that, but let’s go over the definition of “delight” as it is a bit overblown in some of the things I’ve been reading, especially in light of the definition I use and how it relates to brands and marketing.

Going over the top with offers and special deals is for the 20% of your customers in the 80/20 rule (80% of your business comes from 20% of your customers). Most folks don’t have the time or resources to lavish great attention on every customer, much less get employees to really care enough to do it (the last paragraph address this).

My personal definition of a brand is, “A brand is a promise of repeated delightful experiences based on a history of delightful experiences.” Given that the customer owns your brand, and you or your clients do not, it’s up to them to decide what’s delightful or not.

There are so many times when we go to see, buy or do something and the experience falls short of what is promised in ads. Consistently good results for our investment of time and/or money makes us happy - delighted, if you will - because being disappointed is so common. Getting what we feel is fair value for our time and money is delightful.

Customers should be delighted every time they do business with you or your client; i.e., they should be quite pleased or feel a bit of joy. Coke and McDonald’s delight customers with every purchase. How so? Well, water, bread and lunch meat will satisfy hunger and thirst but, on a hot, dusty, day, a cold Coke is (say it with me) delightful. When you’re pressed for time, a hot, grilled chicken sandwich on a whole grain bun with lettuce, tomato and mayo is a damn sight better than a pack of cheese crackers from a gas station, especially if an ice cold Coke is served with it. If I’m really, really hungry and an hour from anywhere that sells food, finding a pack of cheese crackers is - you guessed it - delightful. I’m not overjoyed by my discovery (unless it’s my first meal in days), but I am delighted.

Let’s say I own a junk yard and a person calls me looking for a part after calling five other yards. I have the part and they’re delighted, and I was simply doing was my job. That puts me at the top of their list for next time. When they call again - and I’ll likely be the first call after being their part savior before - and I don’t have the part, I offer to locate it for them, and that makes them happy. To go one further (and keep the business), I offer to get it sent to my store, they’re delighted and, again, I’m just doing what I do. Even junk yards can delight customers.

I’m delighted when:

• I can help my clients set higher marketing and advertising standards

• We educate all  their employees about the value and importance of those standards and how their contributions help everyone (”A rising tide lifts all boats”)

• We put systems and rewards in place to ensure that measurable goals are achieved and perpetuated

• They make excellent internal and external communications about their products, services and company the rule

Why am I delighted and not overjoyed? Because what I described is my job as a marketer. I’m overjoyed when they come back and have added ten, twenty or thirty percent to what I set out. Now, THAT’S some serious, overwhelming, tear-jerking joy! 

Critical Components of Success

This video contains words of wisdom for anyone. He talks about the character and qualities of men, but what coach Lombardi says applies to anyone, anytime, anywhere. Suggestion: Copy this link and watch this often.

Excellent Words to Live or Run Your Company By - The Spirit of Dave Thomas

Mission statements should be living documents, and Wendy’s is one of the best I’ve ever seen. A person could adopt theirs as their own and do well in life. Mission statements are important and, when done thoughtfully and thoroughly, can keep a company moving forward. I like Wendy’s in particular because it’s concise and uses easily understandable language. Nothing fancy, just good, old-fashioned operating principles that point straight ahead.

While many mission statements are full of lofty, often obtuse language, the one below is simple and unmistakable. The one we had at Lexmark was over-the-top and laden with too many points. A mission statement’s main points should be easily remembered and get to the very deepest core of what is important. It should serve as a guiding light to everyone in the organization, and to your customers as an assurance that your goal is to take care of them.

Wendy’s Mission Statement, “What We Believe,” is a list of simple, easy-to-remember guidelines that serve as an internal mission statement and an external customer service goal. Any company or person that follows this mission statement will have friends and customers for life.

* QUALITY IS OUR RECIPE - We don’t cut corners on our products, service, or employees.

* TREAT EVERYONE WITH RESPECT - Be genuine and kind and lend each other a helping hand.

* DO THE RIGHT THING - Honesty and integrity are rules we live by.

* PROFIT MEANS GROWTH - Teamwork is the key to our success.

* GIVE BACK - Make your community better every day. 

Social media is filling gaps in real life

 For anyone who says Facebook is evil, or that LinkedIn is nothing but a time-suck, you might want to think again. “Trend spotter” Marian Salzman, in her latest work, “11 Trends for 2011,” points out something about social media you might want to consider when making your advertising and marketing plans for next year.

“People around the world are losing faith. Many Americans, for example, have lost trust in their politicians, their institutions, heir media and the direction of the nation. To compensate because they haven’t lost trust in self-reliance and faith in echnology), they are looking to their networks, turbocharged by omputers and the Internet.The Network Effect is making good n its promise. …

“With almost 2 billion Internet users worldwide (including 239 million in the U.S., 51 million in the U.K., 45 million in France, 81 million in India and a whopping 420 million in China), there’s a virtually unlimited supply of people out there who can meet anyone’s networking needs—whether it’s old friends, new buddies, lovers, advocates, employers, partners, suppliers, fellow enthusiasts, fellow sufferers, co-religionists or people to just
hang out with. There’s a new sense of unlimited possible partners for anything from recovery to marriage.

“As world citizens continue to embrace social media—from Facebook,Twitter and LinkedIn to Orkut, QQ and Copains ’avant—they are realizing that keyboards and mobile devices can also facilitate real conversations and mediate real human connections. (Although, in a related aside, we’ve been witnessing an interesting decline in people’s personas on social media— from an authentic expression of self to a measured, calculated
projection of values—with attendant societal implications both online and off.*) The more niche the passion, the more social the match experience. And as time goes by, the interactions will build into rich, detailed connections and an ongoing sense of ambient awareness—true connectedness to a wider network of
people. ”

*I believe it’s because people are smarter and realize that, once you post something online, it’s there forever, like it or not.

A Man of Character - Chief Ronnie Bastin

Lexington, Kentucky, is truly blessed to have Ronnie Bastin as our police chief. I’ve know him for around twenty years and he has always been an outstanding man. We met not long after he was promoted to sergeant and, even then, you could tell that he was going to have a great career. Bastin is intelligent, thoughtful and a born leader.

He graciously agreed to be my subject for the Business Lexington “Quick Biz Bites” videos that I do. During the interview, he said something that I think crystallizes the attitude a true leader has. He said, “It kind of gets under my skin when I hear someone say that they ‘… have thirty people working for them.’ When people ask me how many I have working for me, I say that ‘I work for over four hundred people.’” He recognizes the responsibility he has to his staff, his managers and the city of Lexington and is quite humble about it.

He is working hard to train his squads to know what great leadership looks like and leads by example. The department’s progress is outstanding. We should all be grateful to have a man with such sterling character leading the people who guard our town. Thank you, chief.

Do customers dwell with you?

“Dwell time” is an oft overlooked but highly valuable time your customer spends considering your company. It’s defined as the time a customer spends with you in the absence of buying or being assisted with a sale. It’s when they’re browsing, waiting to talk with someone or simply killing time because someone else is involved with you or your personnel. 

Believe it or not, you want to increase your customer’s dwell time, but you want to guide them in it. You have the power to make it enjoyable and entertaining with some attention to detail. For instance, do you have a showroom? Is it clean and well organized? Is the lighting appropriate for the displays? Are there comfortable chairs? Can they get a drink of water or a cup of coffee? Are the merchandise displays laid out in a way that encourages customers to leisurely browse? Does it provide a positive sensory experience?

If you don’t have a showroom, then you must make the main contact point as friendly, inviting and engaging as possible. If it’s a brochure, is it small and packed tightly to save money? If so, you probably cost yourself more money than you could ever save because, if customers won’t read it, you don’t get sales. The most inviting print pieces have plenty of open space (white space, negative space, etc.). If a page is too busy or crowded, the reader’s brain quickly passes it by because it causes mental or emotional confusion or conflict. Packing as much as possible in to persuade them can actually do the opposite. In design terms, less is more.

Is their first contact a product sample? This is where the “first impressions last” rule must be considered. If possible, make a sample its own little presentation. Rather than have only the product be what they see, use a printed bag or box with a picture, the name and a some basic information on the back – keep it very simple. This does two things: A. It makes it seem like a present (and not just extra stock), plus it’s a bit like unwrapping one, and; B. It helps ensure that they remember your product’s name and image. Yes, this does cost more, but the emotional experience helps build your brand more strongly in their mind and gets them to dwell on your product longer. When you might have only one shot and you can’t be there to talk about it, it better be good.

If you have a showroom, look at the lighting. The human eye is drawn to the brightest thing within its field of vision. You want display areas well lit, and you also want to have the room light lower than the highlights on your displays. This creates attractive zones for the eyes, highlights the products and helps the customer’s brain focus on what you want them to see. Again, if your showroom is crowded, simplify it because people like a feeling of space and room (Americans are particularly needful of this).

Take the way Apple does its stores. They are somewhat Spartan, clean-looking and they use spotlights to bring out their electronics – you almost have to look at their products if only because there are so few distractions. How do you know it works? They can barely keep product in their stores – do you have that problem? Another example is large retail chains like Macy’s. Look at their ceilings and notice how many spotlights they use. They know that lighting leads people where they want them to go by creating attractive visual zones.

If you have e-commerce on your site, it’s a natural tendency to try to tell folks everything all at once, but that’s not how we learn, or buy. If they linger on the site, they are more likely to buy because they’ve had a pleasant experience. So, keep your home page uncluttered and provide lots of navigation clues so that they can always tell where they are and how they got there - the first sign of confusion means they’ll likely bolt. Do usability testing on your site (or as you’re building it – don’t wait until the end as that’s too late) by putting a customer in a chair, put a video camera on the screen and see where they go. Are they going where you want them to? Where do they linger? After you’ve done a few of these, you’ll have a very good idea whether or not your design is working.

So, dwell for a time on your spaces and see where you would dwell.

Frank Goad is president of Frank Communications, a marketing and advertising consulting firm specializing in helping small- and medium-sized businesses grow and prosper. www.frankcomlex.com, 859-619-5050

A Happy Customer Needs Only One Button

Several news items caught my eye this week and I was struck by how intertwined they are. Our former dependence on electronics is now a full-blown addiction, and we’re happily shoveling our money into these things. Despite the new tech, we’re seeing bad behaviors, forgetting the good behaviors, and we might not be as happy as we think we are.

First, Amazon reported that they now sell more Kindle e-book readers than hardcover editions: 180 Kindles for every 100 books. This is interesting in light of a recent report saying that electronic books and publications can take as much as 10% longer to read; the iPad was between 3% - 4%. I don’t own one (I read them on my laptop), but the folks I know who have one say they love the variety of materials at their fingertips. It reminds me of the joy I felt when I got my first MP3 player - I didn’t have to prepare for a journey by carefully selecting the CDs or (showing my age here) cassette tapes to take. That I could reach in my pocket and choose from thousands of songs at the flick of a finger brought a low-rent rapture. (It’s not an iPod though.)

Second, the availability of iPads is still low and folks are gobbling them up like candy. The “me too” crowd is announcing their own versions, so be prepared for an iPhone-Android sort of battle to play out on tablets. Why are they popular? Because of the number of apps that allow you to use an iPad like a reader and, moreover, a book. These apps come complete with simulated page turns, the ability to “dog ear” a page to mark it and all the other touches that help a piece of plastic behave like paper. That’s right - the goal is to make electronics “feel” like paper.

Third, Apple could soon overtake Microsoft in revenue. They have delivered a sort of seamless interoperability between platforms that Microsoft has never matched. Windows architecture is clumsy and MS has never relentlessly pursued simplicity the way Apple has. An iPhone has one button on its face; the iPad operates much the same. It’s a more hassle-free existence. There’s a price for that simplicity, though.

Fourth, if you plant your flag in Apple’s court, to a large degree, they own you. iTunes works well with Apple products and gives you a simple way to buy books, music, movies and software. Apple is now the largest supplier of digital music, but don’t bring a Zune, Zen or anything else to the party - it’s Apple or nothing. Which leads to …

Fifth, Apple is defending itself, along with AT&T, in the U.S. against charges of monopolistic behavior, just as Microsoft has. They told the public AT&T’s exclusive deal for the iPhone was only two years; now it turns out that it’s five. Three years ago, Apple got smacked by the European Union who called iTunes a monopoly. New tech, old behaviors.

Sixth, Apple is responding to a letter from U.S. Representatives Edward Markey and Joe Barton charging that Apple’s location-based services invade customer’s privacy. Apple has responded saying users can turn off these functions, but do they really understand what it is and does, and how to use it? So, again, you’ve planted your flag and there you are with them looking over your shoulder.

I’ll stop despite being able to continue ad nauseum. What’s the point? I’m not saying that we’re being hemmed in. You have the choice to eschew all these shiny things and do like Wendell Berry and use paper and pencil, till the soil (mostly) with horses and live simply. We’re humans, though, and most of us are quickly bored and want new toys pretty regularly.  I’m just like all of you - I love tech (cameras in particular). These days, though, I’m wondering if it’s worth the cost. The care and feeding of this technology has a greater toll in time than capital, and time is the most precious thing we have.

Here’s an example: How many cell phones have you had? Why did you switch? Probably new features or “…it was a cooler model.” Did you love them all, or were some of them “dogs?” How easy was it to get your data to the new phone? See? You had to spend time to be able to use it as you wanted to.  While tech does give us advantages, they come at a cost.

The real point of this article is, make life easier for your customers. Let them have choices. Build rock-solid systems and be slow to change. This sounds old fashioned but, as I’ve been looking at businesses around Lexington, I’ve noticed that some of the most profitable are also the oldest. They’ve spent years or decades learning what makes their customers happy and refining that to an art. Why are Apple’s customers so dedicated? Above all, their products are simple, reliable and predictable.

A computer or system is only obsolete if it no longer serves your needs in a reasonable time (or if you can’t get parts - that’s a big one). The U.S. Treasury still creates coin press masters with a machine that’s over a hundred years old. Why? Why not? It works perfectly and there are no ugly surprises.

While Apple, Microsoft, Intel and other large corporations are battling for world domination, it seems that, for the average small-to-medium-business, having an army of loyal customers in an age of throw-away gadgets is a real key to success.

Ask yourself, do you have simple, reliable, one-button systems for your customers? Better yet, ask them how to build one.

It’s Your Brand, So Make Your Mark(er)

In my recent Business Lexington video, I talked about how customers own your brand. Their emotional attachments are the most powerful part of your brand. People go with what they know and your job is to become better known than your competitors by creating a distinctive brand that they love. Take the new Sharpie pens - everyone knows and loves the Sharpie brand. Folks in creative and artistic fields (designers, etc.) seem to go crazy over them. I’ve got several (the siren’s song got me) and they are nice.

They go at a bit of a premium over most other felt-tipped pens, but they’re selling well. I’ve seen their display pegs in stores empty many times. Why? I’m convinced it’s the brand more than the pen. Don’t get me wrong – I like them and think they’re worth the money.

The “creatives” I mentioned have had a long love affair with Sharpie permanent markers. Many use the permanent markers like the rest of us use any pen. Despite bleeding through pages, they faithfully keep one around. Is the rest of the world as enamored? Don’t know, but I do know artists who buy them by the box.

In a crowded market already filled with products that are just as good, and with many being cheaper, they jumped in and captured a healthy segment of pen sales, and THAT’S the power of branding.

The manufacturer has a good track record and has marketed the brand well. From collections of colors in varying point sizes to mini-markers for your key chain to highlighters, they’ve done great at imprinting a recognizable name on a variety of creatively conceived and well-made products.

Go to their website, (www.sharpie.com) and you’ll see special offers, news on their racing events, and art galleries of things folks have created with their markers. A cool one is a collection of mugs at a coffee shop all decorated with Sharpies. They’re doing the right things to keep the brand vibrant and continually build loyalty. Their website is fun and attractive to keep us coming back for new stuff. They even have a program to “upcycle” your used markers. 

Back to the Sharpie pen: First they introduced a black fine point version, then blue, then a pack with red, green, blue and black, and then a retractable Sharpie click pen. Now they’re introducing one with a metal cap that is close to half the body’s length and a grippy rubber “clutch” surface. One-by-one, they’ve introduced new product variations while emphasizing the brand’s art and doodling personality.

This demonstrates that customers own the brand because they:

  • Play to their customer’s loyalties
  • Understand how they use their products
  • Engage them by exhibiting customer works
  • Understand customer demographics, uses and feelings
  • Create products based on expanding customer demands
  • Continually find ways to promote the brand
  • Most importantly, they never lose the playful attitude

They know what their customers like and channel their attitudes, perceptions and desires into products they’ll buy. If Sharpie wanted to attack the high end pen market that Mont Blanc, Waterman and Cartier occupy, credibility would take time in that prestige market, but they could do it.

Imagine this ad: A picture of a 24K gold Sharpie pen, cap on the end and the point exposed. It’s lying on a highly polished antique cherry desk replete with mother of pearl inlay. In the edges of the light are silver and gold accessories. The picture murmurs, “Rich people own this.” The pen lies on a glossy photo of a high-fashion model in an expensive Dior dress with the point aimed straight at the model’s face. Looking at the picture, we see … a mustache drawn on her lip. Whimsy, irreverence, luxury and doodling - they could pull it off.

They could blast into that territory with Waterman as a partner and have instant credibility. I think many folks would buy a prestige pen with Sharpie guts. You might say, “That’s like Rolex announcing, ‘We created a lower-cost line with Seiko movements.’” Sharpie has enough brand loyalty to make people giggle with delight every time they doodle a daisy during a stuffy meeting with a $100 pen; I don’t think Seiko has the same loyalty.

In the end, you must talk to your customers … a lot. Ask them simple questions like, “When you think of our store (company, etc.), what do you think of?” or, “What do you like best about us?” What products sell best? What gets the most inquiries and least returns?

Since they own your brand, find out what they think of it. Knowing that lets you serve up exactly what they want and create new products and services they’ll like, and that’s sharp business.