If People Love You,
They Give You
More Money
The Undisputed Secret of Repeat Business
by Ross Shafer
Most companies are obsessed with their competition Progressive
Insurance wants to know what Geico is doing. Macys wants insider
information about Nordstrom. Ford wants to know Chryslers secrets,
and so on. And, because I speak or consult with 90+ organizations a year,
my clients assume I have the answer
so they can steal it. Well,
I do and here it is. (Insert drum roll here.)
If your customers love you, they will give you more money.
Too simple, right? Not high-tech enough for you? Couldnt apply to your business because youre not a customer-facing business? Or, maybe your performance metrics are too sophisticated to measure something as touchy-feely as soft skills? Ah, you must not sell your goods or services to human beings.
For the sake of the conversation, lets say you want to experiment
with this love idea.
How would you go about it?
ONE: Understand that human beings have one emotional barometer.
Many of you make the mistake of thinking your customers are in a business relationship with you. Wrong. Customers expect a human relationship because they cant tell the difference. Customers respond to bad service with the same hurt and emotional triggers they experience in a bad personal relationship. If you ignore them, they feel unimportant. If you second-guess them, they feel defensive. If you dismiss them without satisfying them, they get angry. They cant help it. Unless they are heavily medicated, humans dont have a firewall to protect them from their feelings. However, the feelings of happiness and cooperation surface if they feel loved and respected by you. They want to feel understood by you. We all want to fill our lives with people who treat us well; and we want to see those people as often as possible because they make us feel good. Customers want to be emotionally connected to you. So, all you have to do is love them. Loving your customers makes them want to return and when they do, they will give you more money.
TWO: Loving YOU means customers can stop dating other companies.
Your customers have a dizzying number of choices these days. Not only do TV, radio, and print ads constantly bombard them the online options further blur their buying decisions. In fact, reluctant customers often experiment with several companies before settling in with their favorite place to shop. You want to be the place where they settle. Because, when customers finally find a shop, service, or product they love, what it means to them is that it they can stop dating other companies and commit to you. Feeling loved by you is a relief to your customers. It makes them feel smarter for picking you. They can finally stop spending time and money with your competition and start focusing on you.
THREE: Your internal customers need love, too.
Lets say you arent in a customer facing organization. At some point youll have to talk to someone in your organization, right? A boss? A coworker? The UPS guy? These people are your internal customers and they need love, too. Companies who grow love their associates. The competitors secret may be that their employees love working there. Theyre happy, content, challenged, respected, and have an emotional connection with the company. Do you feel that way about your company? Does your team feel that way? If not, youre going to lose good people to your competitor and they may take your customers with them. Lost love, internally, means lost talent and lost revenue.
FOUR: You can actually quantify loving your customers.
After one of my seminars, a man named John Hixon from Sweetwater, TX
told me he took over his fathers grocery store when his dad passed
away. John found out that the little store had annual sales of about
$250,000 but had lost $200,000 during the same period. He decided to
take a leave from his insurance business to liquidate the store.
When he couldnt find a buyer, John decided to step in and see what
he could do to save the market. He could not afford to renovate or add
new products so he turned to his customers by doing something
radical something his dad would never have done. John started
loving the customers. He would stand at the front door and say hello
to everyone. Hed tell them, I sure appreciate you coming
into our store. With a twinkling eye hed say, Were
small but were mighty. If they asked for an item, he wouldnt
just point them down an aisle. He would escort them to, lets say,
the oatmeal aisle. Then hed explain why he carried that particular
brand. Then, after the customer went through the checkout stand, John
would be standing at the door to say goodbye and wish them
a nice evening
or weekend
or holiday. John told me that within
nine months, the little store was on pace to gross $1.5 million! And,
the only thing John Hixon changed was that he started loving his customers.
Whats even more incredible was that during that time, Wal-Mart
opened just a few miles away.
Loving your customers makes them want to return and when they do, they will give you more money.
Ross Shafer is a six-time Emmy Award-winning comedian and writer
who also hosted the game shows Love Me, Love Me Not and The
Match Game. Ross also hosted The Late Show. He is now
a consultant, author and speaker who specializes in customer service,
training and sales. With his background in television production, Ross
wrote and produced a dozen hit HR training films. Alongside his latest
book, The Customer Shouts Back 10 Things You Must Know If
You Want Their Lifetime Loyalty, Ross founded the Customer Empathy
Institute. For more information, please visit: www.RossShafer.com.