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June 1, 2006
Volume 2, Issue 11
How-to tips and advice on increasing
business prosperity, published every other
Thursday.
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Greetings!
- Feature Article: Focusing on Consistency
(Part 1)
- Note from the Author: Transitions,
Transitions!
- Special Message: Complexification,
Anyone?
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Transitions, Transitions!
Life
passages are inevitable. But especially for members
of the baby boom generation who are nearing
retirement or just embracing a new phase of their
lives, this stage offers an unprecedented reason to
express creative energy.
What does this mean
to you? Well, if you happen to be going through a
discovery phase of your own, you could be looking
for ways to reveal your greater purpose in life, and
seeking avenues for channeling your wisdom and talents
in new and meaningful directions.
And if you develop
products, services, or solutions for others, you may
want to pay close attention to ways to help them discover
and act on their higher-purpose goals.
Whether people wish to give back to the community,
publish their life works, or invent new gadgets, you
may find many rewarding opportunities to assist them!
I hope you enjoy today's
feature article, Focusing on Consistency (Part
1). As always, I enjoy hearing from you!
Here's to your business prosperity,

Adele Sommers, author of the Straight
Talk on Boosting Business Performance success
program
P.S. If you missed any previous issue, visit
the newsletter index!
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Complexification, Anyone?
Brushing your teeth hasn't
ever been this exciting or this complicated
before! Since I've been focusing on complexity lately,
we need to welcome a new word that, like it or not,
has entered the American lexicon: complexification.
Electric toothbrushes are not a novelty.
See below, however, for a partial description of the
Sonicare IntelliClean System i8500 Integrated
Power Toothbrush from a site that sells the product:
Deep
cleaning that's one step closer to daily flossing
(compared to a standard manual toothbrush and toothpaste)
- Specially formulated Crest Liquid Toothpaste
- 2-minute Smartimer
- Programmable Quadpacer 30-second interval timer
- Dual Speed Control
- 3-level recharge indicator
Do you feel excited or intimidated by this description?
Although it might be a fine product, my question
is whether we consumers are really salivating for the
most advanced, programmable features. And if it simply
takes us one step closer to daily flossing, call me
old-fashioned, but I can save costs, space, and brainpower
by just using my current toothbrush and flossing
daily!
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Focusing on
Consistency (Part 1)
by Adele Sommers
When we aim for
consistency in our communications, values, messages,
images, offerings, and the customer experiences we create,
we take another significant step toward developing long-lasting
and meaningful customer relationships that will boost
our bottom line.
We know that as
consumers, we are able to exercise our choices
to achieve the most enjoyable and efficient experiences
possible. But whenever we are unhappy consumers,
how likely are we to complain about it?
Research shows that
only a small fraction of customers will inform a company
of what they dislike. The majority of silent, unhappy
buyers vote with their feet and simply
dont return. Sam Walton, the late Wal Mart founder,
said: There is only one boss: the customer. And
he can fire everybody in the company, from the chairman
on down, simply by spending his money somewhere else.
So, since buyers
are unlikely to complain (unless theyre very
unhappy), we must be extremely careful to ensure that
they dont become unhappy about anything
in their experiences, or theyre likely to leave
without telling us why! This article (the first in a
series) explains the role of consistency in boosting
customer retention and satisfaction.
Inventing
Your Customer Secret Sauce
What recipe makes
any relationship with a product or service stand out
deliciously from all of the others? Creating
consistent customer experiences is the mantra
savvy businesses have been chanting to achieve great
prosperity. These companies pull out all the stops to
ensure that dealing with their products, staff, and
services is so consistently pleasant,
buyers will want to become loyal customers.
But thats
not all pleasantness is fast becoming
the minimum experience buyers expect.
The fierce competition today requires creating raving
fans of customers so they cannot stop telling their
colleagues, friends, and family about your products
or services. This requires raising the bar even further!
What does it take
to go from being a silently shunned company to one that
creates raving fans?
Assembling
the Filling
The success of this
recipe comes from paying close attention to key ingredients.
These ingredients pertain to quality, business systems,
marketing/sales, customer service, and good common sense.
They shape the touch points that influence
our customers experiences. For example:
- Its far more cost effective to keep existing
customers than to find new ones. Why? Customer
retention research shows that once companies have
loyal customers, the cost of keeping them is just
one-fifth the cost of attracting new ones. The research
also shows that companies can boost results up to
100% just from increasing customer loyalty by only
five percent! This means that marketing to existing
customers consistently is far more cost-effective.
- Its critical not to over-promise
and under-deliver. Either we can under-promise
and over-deliver or over-promise
and over-deliver, but, at all costs, we should
strive not to under-deliver.
One of the situations that will drive everyone crazy
is believing that a product is supposed to be released
on a certain date, and then its not. Or hearing
that a service will be rendered per an advertised
guaranty, and then its not. Credibility and
trustworthiness evaporate whenever people make promises
they cant keep.
Baking the Pie
Common
sense tells us to find every possible way to keep our
existing customers, and instead of ignoring them, we
should market to them regularly. Common sense also suggests
that if we consistently deliver on time or earlier,
or with greater quality than promised, we will
delight our customers!
It may mean telling
our customers truthfully that we wont have a product
ready to offer until next year (instead of next month).
But any momentary disappointment our customers may feel
will be relatively minor compared to the confidence
they will have in us when we do release
on time or earlier.
And its nothing
like the distrust and skepticism we will earn if we
under-deliver by coming back repeatedly to say,
Im sorry, we were wrong; its really
going to be next month! in an endless stream of
broken promises.
With just the preceding
two principles in mind, we have a better idea of what
we can do to become leaders in our industries:
- Retaining existing customers could entail
asking customers, in surveys or during customer support
calls, What do you love about our products?
What do you hate? What would it take to make
you a raving fan of our company? The answers
will reveal what buyers value most, and any pet peeves
theyve been dying to unload.
- Over-delivering on promises could entail
ensuring that products and services work even better
than advertised, and that interactions with customer
support exceed all expectations for problem resolution.
Since
one unhappy experience can sour all other pleasant
ones, strive to ensure that the most memorable interactions
such as the first and last in any series
are especially positive. On a vacation, if
lost luggage, forgotten belongings, or final departure
activities are not handled with the utmost care, everything
positive that preceded those disappointments may be
erased from the vacationers memory!
In conclusion,
the recipe for positive and rewarding customer relationships
includes, but is not limited to, recognizing the value
of consistency in customer retention and in over-delivering
on promises, both explicit and implied. These two ingredients
are a few of the ways to plug the gaps that would cause
buyers to vote with their feet." Alone, they
might not be quite enough to create raving fans, but
without them, we wont create any
loyal customers, either.
Copyright 2006 Adele Sommers
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A Helpful Way to Facilitate Life
Transitions...
As
Fathers Day approaches, thousands of people seek
that perfect gift to give Dad. And for anyone
looking for something unique and memorable for a special
person, Doreene Clement, cancer victor and journaling
expert, has created a book that fills this need
The
5 Year Journal.
Everyone has a story. Your experiences, your
feelings, ideas, thoughts, and dreams all combine to
form your life journey your unique story. According
to Doreene, studies have shown that journaling will
increase your chances of reaching your goals (career
goals, financial goals, fitness goals, relationship
goals, and so forth) by as much as 82 percent, and that
people who use this method easily move through challenges
and adversity.
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Adele Sommers, Ph.D. is the author of Straight
Talk on Boosting Business Perf0rmance, an award-winning
Special Report and Workbook program.
If you liked today's issue, you'll love this down-to-earth
overview of how 12 potent business-boosting strategies
can reenergize the morale and productivity of your enterprise,
tame unruly projects, and attract loyal, satisfied customers.
It's accompanied by a step-by-step workbook designed
to help you easily create your own success action plan.
Browse the table of contents and reader reviews on the
description page.
Adele also offers no-cost articles and resources to
help small businesses and large organizations accelerate
productivity and increase profitability. Learn more
at LearnShareProsper.com.
LearnShareProsper.com/Business Performance Inc.,
7343 El Camino Real, Suite 125, Atascadero, CA 93422,
USA. For information and Customer Service, call 805-462-2187,
or e-mail Info@LearnShareProsper.com.
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©2006
Business Performance Inc., Adele Sommers, All rights
reserved. www.LearnShareProsper.com
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