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customer evolution |
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How Have
Your Customers Changed
in the Last Five Years?
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by Ross Shafer |
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First of all, forget the tired, old adage; “The customer is always right!” It’s just not true...or even relevant, anymore. Replace it with, “The customer is always…Vulnerable.”
What’s caused this drama?Your customers get emotional about the transaction because they need you for something. And, anytime you need somebody else for something, you’re vulnerable. Somebody else has the control. Somebody else has the knowledge. Somebody else has the product, service or solution you want. Abundant “need” is the active ingredient for your customer to feel vulnerable, helpless and emotional. Face it, you know everything about your business – the costs, the hidden expenses and the time of delivery…but your customer doesn’t. He/She needs guidance from you. He/She needs a livable price, a quote and/or budget from you. He/She needs you to keep your production deadlines. He/She needs to keep his boss happy. He/She needs you to make him look smart for hiring you…so he/she can get some sleep at night. ( I realize using the “He/She” is annoying but let’s face it He may be a very powerful She!) Have customers actually evolved?
Yes! Our company has been making human resource training films since
1994 and we’ve witnessed a huge shift in the customers’ emotional state; especially since one shattering event in American history; the
9-11 attack on the Twin Towers. That morning, Americans saw more than 3,000 of our fellow citizens vaporized before our eyes. We no longer felt safe in our own country. The convenience of airline travel evaporated. Homeland Security was established. Retail sales of Taser stun guns, mace, personal body armor, home security systems, biological weapon suits, home generators and firearms instantly tripled. Books like, Purpose Driven Life – What on Earth Am I Here For? became overnight best sellers as Americans looked to their faith and purpose as a way to cope with impending catastrophe. At the same time, reality TV shows like Survivor, Dog Eat Dog and Fear Factor enjoyed staggering ratings as Americans tuned in, not only for entertainment, but as a weekly lesson in disaster preparedness.
Then, there is the human matter of self-sufficiency.Ah, don’t let me forget to mention that the Online Purchase/Kiosk/ATM/ Self Checkout economy is doggedly detaching your customers from your most important relationship building tool— you. While you may not be generating and maintaining a lot of bids, business, or service calls over the Internet today, count on it to infiltrate your business soon. Online inquiries, bidding submissions, progress reports, sales and evaluations are already becoming popular. Saves time, right? Short term, yes. But, there is an enormous lost opportunity cost when your customer no longer needs you. Because so many business people have learned to complete the transaction themselves with a computer - or through an automated kiosk, it actually results in less purchase anxiety. Question is…do you really want your customers to stop needing you? So, what’s the fix?
Find a mirror. Gaze closely. It’s You.
The customers’ final moment.
Customers remember how they felt during the final moment more than at any other time during the transaction.
So make your final moment worth remembering. Naturally, you want to leave them with a smile and a promise kept. But more importantly, make them feel like they made the best choice with you. Positive “final moment feelings” are what will not only bring that customer back to you, but eliminate your need to compete on price alone.
Customers will pay a premium price to someone who cares about them.
Plus, caring about people is a differentiator that costs you nothing
- yet contributes more to your bottom line than all other marketing efforts combined.
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