How well do you know your customers? Do you know them by
name, know where they work and what position they hold, know the names of their
family and their interests outside of work? If you have any interaction with
your customers at all, either in a marketing and sales function or as a
customer service representative, you may be able to confidently say you know
all about your customers. However, there is a difference in knowing about your customer – such as
the facts I just listed – and knowing
your customer… and your marketing should be built on the latter. Why? Because customers leave companies that don't engage them on a feeling level.
In an article titled The
No. 1 Reason People Stay or Leave, business author Ken Dooley claims that
80% of defecting customers said they were "satisfied” or "very satisfied” in
customer surveys just before they bolted for another vendor. Clearly there was
a disconnect between what they were asked in a customer satisfaction survey and
what they were feeling about the company they were about to leave. So why did
they leave? 70% cited poor customer service and 60% cited an indifference shown
towards them on the part of the salespeople. So how can it be that someone
would fill out a customer satisfaction survey and give a company glowing
reviews when they had a horrible customer service issue and felt like their
sales rep didn’t care? The answer is rather simple. Most customer satisfaction
surveys deal with the item purchased and avoid the relationships involved in
the transaction. It can be that a person is happy with the product or service
they are buying. They might believe they received a quality product at a good
price, but they felt like they were less than valued as a customer. It is this feeling, emotional level that is the tipping point for the majority of customers.
There are typically four reasons a customer will leave you:
poor quality, too high of a price, took too long to deliver a product, and they
did not get along with the people inside the company (typically sales and
customer service reps). If you mess with any one of these four pillars of retaining
customers, you risk losing them. Get two of them wrong and you most definitely
will lose your clients.
Here is where both sales and customer service become part of
your marketing equation. You must understand customer expectations, especially
when it comes to their values, their attitudes, and the choices they have
beyond your product and services. That requires you to get to know more than
just facts about your customers, it means you have to get to know them on a
feeling level. For instance, customer attitudes can change. Do you know when a
shift in their thinking is happening? If you do, you will know how to shuffle
your marketing to accommodate this shift. If you don’t know what they are
thinking, they will perceive you as not caring about them. How do you do this? First,
if you are doing customer satisfaction surveys, I would encourage you to leave
space for open ended questions. You will get at the heart of what your customer
is thinking if you let them tell you what they are feeling rather than just
click a box under a set of customer satisfaction questions you have already
written for them. Second, if you are in a business that sells face-to-face,
such as an outside sales person would do, take account of what is happening
with your customers. Ask questions that probe beneath the surface. It will mean
that you might get more customer complaints than you would if you just steered
clear of the situation. But you have to look at every complaint as an
opportunity to retain a customer rather than it being a bother to your day. If
you solve the problem, use the solution as a marketing tool. The solution
becomes the new and improved version of your brand.
Dooley claims that when the relationship between customer
and sales reps are exceptional, customers are 10-15 times more likely to remain
loyal to your brand. That means you have to go beyond knowing the facts about
your customers and get to know them on a feeling level. Take what you find
there and build your marketing around it. It will make a difference in your
customer retention.
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The No. 1 Reason
Customers Stay or Leave, by Ken Dooley, June 10, 2013, www.customerexperienceinsight.com