Level Up Leadership
Leveling Up > Unleashing the Potential of People, Process and Strategy  May 2013
In This Issue
Business Owners: Customer Satisfaction Is Key
Evaluating Your Customer
Email

Send an Email 

 

Web

Our Website 

Level Up Leadership
2709 Webb Street
Raleigh, NC 27609
919-510-0426
LinkedIn Twitter Blog
Find out more ...
 
motivation

 

Our Whole Person Approach to assessment combines the best of three world-class profiles: the Thinking Pattern profile measures how people think and make decisions; Workplace Motivators measures motivational style and drivers, and the DISC Index measures a person's preferred behavioral style.

 

Together, they create the WHAT, WHY, and HOW of personal assessment. This tool unlocks the key to:

  • WHAT natural talents you possess based on how you think and make decisions.
  • WHY you are motivated to use them based on your motivators and drivers.
  • HOW you prefer to use them based on your preferred behavioral style.

For more information visit our website, send us an email, or call us at 919-510-0426.

 

Happy Wednesday,
 

Peter Drucker was a pioneer in the organizational effectiveness movement and is quoted as having said:

 

"The purpose of business is to

create and keep a customer."

 

If you think about it, he's absolutely right.  Whether you call them, customers, clients, patrons, patients, whatever the sole purpose of any organization to attract and retain other individuals, or in the case of B2B sales, other businesses, that need and can benefit from your services.

 

I've done a good bit of research on the subject of customer retention and loyalty and depending on what you read, it can cost as much as 5-10 times more to attract new customers than to retain your existing customers.

 

So, it's curious to me that sometimes leaders and their employees are not as focused on the customers as they can be.  That's why this month's issue of Leveling Up is all about the importance of customer satisfaction.

 

Enjoy,

 

Joy

 

Joy RuhmannJOY RUHMANN
President

Office: 919-510-0426
Email: joy@levelupleadership.com
www.levelupleadership.com
Business Owners: Customer Satisfaction Is Key

 

As a consultant for organizations and business of all types and sized, I naturally have many things to share with people. Clients come to me with a host of questions about the process of maximizing the results of their business and about the details of what to focus on above everything else. Once we have talked through the logistics and the finances of running a sustainable business, the next thing we talk about it the importance of focusing on customer satisfaction. 

 

customer-satisfactionTo really transition to the importance of customer satisfaction, I ask them to list in order of priority what they feel are the top ten keys to success in their future business. This is important because it gets them thinking about their goals and about actually having to perform for their business to be a success. Most of the time my clients rank customer satisfaction somewhere in their list, but it is very rare that it makes the number one spot. They are shocked when I reveal my list and they see customer satisfaction all the way on the top.

 

I feel strongly about customer satisfaction for many reasons. As noted in our intro, the biggest reason is that the whole purpose of a business is to attract customers and meet a need they have. If business leaders and their employees lose sight of the fact that they are in business for the customer and not for the money, then the success of the business will be short lived.  I find that businesses are prosperous and long lasting to the degree that they truly do make customer satisfaction the center of all they do.

 

Customer satisfaction means a variety of things for business leaders, but the main thing it means is that the needs of the customer are the bottom line and the driving force behind all decisions that are made for the business. It means that gaining and keeping customers is important enough to a business that they are willing to make changes if necessary based on what customers want.

 

Customer satisfaction is the missing key in many struggling businesses. Give customers what they want in a way they want it and your business can achieve anything.. Customer satisfaction is hard to achieve, yet with intention and care it can be rewarding for everyone involved.

Evaluating Your Customer

 
sales It is one thing to make a sales presentation, but it is another thing to make a sales presentation without first evaluating your customer. For all you know, you could be selling your customer something they already have, or something they don't want, don't need, or can't afford.

 

This is why it is so very important to take your customer in, sit them down, make them feel comfortable, get to know them, and ask them about their needs.  After you have done this, you can then sell them a product based on their needs and not what you think they need..

 

On a personal note ...

 

I learned the importance of evaluating the customer the hard way. A few years ago, I was a branch manager working in a bank branch. One particular customer of the bank approached me in my office about opening a savings account for her daughter.

 

Once I explained to her the process of opening a savings account, I proceeded to tell her all about a current promotion we were having on our home equity loans. She sat there and listened very politely and patiently as I very proudly went down the list of all the benefits, features, and tax breaks that come with a home equity loan.

 

Once I had finished my rehearsed presentation, she said to me:

 

"That all sounds very nice, and it is something that I will consider in the near to distant future." She then went on to tell me that she and her husband rented the house they lived in.

 

So there you have it, I tried to sell a home equity loan to someone without a house.

 

Needless to say, my face turned a deeper shade of scarlet, and I felt like an idiot.

 

But hey, I learned from my mistake. Had I asked some simple probing questions before I went straight for the sale, I would have saved myself a lot of embarrassment.

 

You will be amazed at what you can find out from people just by asking them a few simple questions about them. Remember, people love to talk about themselves; their jobs, their pets, their kids, just about everything.

 

I once had a friend who owned a shoe store, and his inventory was made up mostly of sneakers. One day a man walked into his store to buy a pair of sneakers. As my friend assisted him with his decision, he struck up a friendly conversation with him. As it turned out, this customer ran a basketball camp during the summer and he loved to talk about it. A few minutes into the conversation, my friend and his customer had come to an agreement. All of the boys and girls that attended the customers' basketball camp would receive a 10% discount on their sneakers if they purchased them at my friend's store.

 

So, as you can see, my friend increased his sales that summer simply by striking up a conversation with his random customer and asking a few questions.

 

Imagine going to your doctor's office with an ailment and having him or her prescribe you a medication without asking what your symptoms were. Would you take the medication?

 

The same principle applies.

 

It really isn't rocket science; it's just friendly conversation, getting to know your customer, and watching one sale turn into many.

 

Why service only one of your customer's needs when you can service them all?

 

Visit www.levelupleadership.com for more information.  

Thanks for reading!  Hope you enjoyed this month's newsletter. Please feel free to forward this along
to a friend or a colleague who you think would
enjoy it as well!