How well do you know your clients? If you are in sales,
knowing something about the people you are working with always helps you find
common ground with them. Remember their kids’ names and you have their
attention. Remember their kids’ birthdays and you have won their heart. That
sort of connection is really important. However, I want to talk to you about
knowing your clients on an entirely different level. I am talking about understanding what makes them
tick – what they value, what trending attitudes to which they are prescribing and
what choices they consider before making a purchase.
Several years ago, I developed what we call a VAC
assessment. VAC is an acronym for Values, Attitudes and Choices. The
culmination of these three help you understand and manage customer
expectations. If you can figure out the VAC of your clients, you will know them
well enough to effectively market to them. Here is a breakdown of each
component of the VAC quotient.
Values
Simply put, values are beliefs that are typically set for
life somewhere at the age of 18-25. This is what we call the coming of age
period of life where a person is making choices for themselves – probably for
the first time. They will decide what to accept or reject from their childhood
and what they will carry forward into adulthood. It is a time of paramount
importance in marketing because it is a time that many people reflect back on
as some of the best days of their lives. They think highly of anything that is
associated with those years (political leaders, pop culture music, films, TV
shows, hair styles, clothing, etc.) However, values go much deeper than a list
of popular nuances during that time frame. Values are what we hold sacred from
those years. For instance, if you had a customer who was enlisted in the
Marines right out of high school, they will more than likely have a great
affinity for the Armed Services, but particularly for the Marines. It would not
be surprising to find the Latin inscription, semper fi (the motto of the U.S. Marines meaning "always faithful”)
on display in his office. For him, the Marines are not just a fun group of guys
from his past, it is the definition of who he is as a person. Values go deep.
If you know what your customer values, you are able to more
effectively market their products and services. How so? Let’s go back to that
Marine. If you are helping him market his business and you promote his products
as made in the USA, it will more than likely resonate with him. However, if you
post this on a social media site that is known for it’s anti-American
sentiment, you have violated his values.
Attitudes
Unlike values, attitudes are opinions for the moment – they
don’t stick around forever. They may be part of the latest trending news.
Attitudes typically are driven by pop culture and groupthink. They tend to be impacted
by the demographic group to which you are a part of. With the onset of social
media, attitudes are taken up and dropped routinely. One day something is
extremely important, the next day, it’s discarded. Do you remember the Pokemon
Go craze? It came out of nowhere and was gone just about as quickly as it came.
While it was here, it seems that every Millennial with a smart phone (that
would be 99.9% of them!) was wandering
around, staring at their phones trying to capture the imaginary cartoon
characters.
Understand what your clients are thinking in the moment.
What are their attitudes? Technology has made it very easy to change your mind
about what is important now and later abandon it for something new. Stay up on
the trending thought among your client’s demographic group.
Choice
Nothing impacts the way we do business like choice does. Choice
has impacted our thinking as a society more than any other factor. We have come
to expect a multitude of options in everything we buy. Why are there big box
stores? Choice. Why is Amazon so successful in selling products in a way that
it is challenging the existence of brick and mortar retail stores? More
choices!
What choices does your client have when they are considering
making a purchase from you? You have to market your products and services in a
way that limits the choices and makes you stand out from your competitors.
Putting it all
together
The VAC analysis helps you know your clients better so you
can effectively market to them. It gives you three distinct areas to understand
them. If you disregard any of the three, you run the risk of pushing them away.
Build your marketing campaigns on the three areas and it will help you make a
strong connection with your clients.