Archive for March, 2010

Clients Are Customers Too

Monday, March 22nd, 2010

I’ve been working with more and more professional service firms, including investment advisors, web development agencies, and others. I’m helping them to better understand the experience they are providing for their clients, and how they can improve it to achieve specfic business goals.

What I think businesses are starting to understand is that it really doesn’t matter what type of company you have: if you want to succeed in the long term, you better pay attention to the entire customer experience. What I wrote in my book, “All Customers Are Irrational,” holds true for everyone: all decisions are emotional, including purchase decisions. And that doesn’t change whether someone is looking at buying some new running shoes, or deciding which agency to select during an RFP process.

What about your business? Do you really know what type of experience you’re providing for your customers or clients? Are you giving them the subconscious and emotional reasons (as well as the logical) for buying from (or staying with) your company?

If not, others are catching on, so you better start paying attention!

New Orleans – The Ultimate Customer Experience?

Monday, March 1st, 2010

I just got back from three days on a business junket of sorts in the Big Easy. I’ve been to NOLA a few times and the after-effect is always the same: I need some sleep.

Retailers everywhere – from the big boxes to the corner mom and pop store – universally struggle to deliver a consistent experience that meets or exceeds the customers’ expectations. Yet I would argue that the little town at the end of the mighty Mississippi delivers just that to visitors. Despite dishing up a smorgasbord of services – from high-end cuisine, to loud, live music and tankards of cheap hurricanes (the drink not the weather phenonenom), to certain pay-to-play activities I won’t mention here – the city that almost drowned manages to do it in a consistent spirit and energy, leaving almost all its visitors happy and wanting more. Though one must leave after a few days to catch one’s breath, most will become repeat customers.

And isn’t customer retention the name of the game?

Yes, the city has challenges: Katrina struck a huge blow, the government is rarely in full working order, and there’s a might socio-economic disparity among locals.

So, why does it work? Why do people swear by this city? I think it’s about spirit, not mechanics. It’s not scripted, it’s not “Disney-fied.” For the most part, it’s still authentic. And people can taste that – not just in the food, and the drink, but in every aspect of the experience.

So what’s your “spirit?” If you don’t know, and if all you have are scripts and processes, you may be in trouble. Take a trip south and do some field work. Walk down Bourbon and then branch off. There’s something to learn down there.