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With over 25 years of frontline experience Tom Shay is America's leading small business management expert. He's a "Must Have" for your next event.

What You're Doing Speaks so Loud
"Walking the walk" with customer service

Just last week, I was driving through town. I approached an intersection for which the cross traffic had a stop sign. On the street to my right was a truck that did one of those "slow roll-through" types of stops. In addition to his failure to stop, he turned into the lane I was in, forcing me to hit the brakes. From there, he sped off
well in excess of the speed limit.

The magnetic sign on the side of the truck told me the name, address, and phone number of the store. Now, I know exactly whose driving I am unhappy with. How odd that this same business advertises how it takes care of its customers. Now I am thinking, "What you do speaks so loud that I cannot hear what you say," instead of hearing their ads.

Customers don't really need to be told a business offers great customer service or that they are glad to special order something for them. What they need is to experience it. If a business makes sure a customer has that type of experience, customers will spend an unbelievable amount of time telling other potential customers how wonderful his or her favorite store really is.

I watched as one store owner explained the sign posted on his cash register. It stated that he would not take any checks from a certain regional bank. "We took a check from them, and they wouldn't cash it. THEY gave over $350 worth of merchandise to that customer."

What actually happened was that the store became concerned about a check it had taken. So, the owner drove to the bank and asked the bank to cash it. As the check was made out to a business, the bank refused to cash it. As the store processed the check through its own bank, the check failed to clear and was returned. Now the store owner was mad at the bank and decided all of the customers who use that bank should pay for his failure to use a check-clearing service.

Where else do businesses often fail to take care of customers? How about merchandise that is being returned? Realistically, what percentage of customers do you think are actually out to beat a store out of some merchandise or service? Maybe 1 percent? For every 100 sales made, there would be only one person who has an intent of dishonesty. There is no way any merchant could determine ahead of time who that one person is. Yet, when something is returned, the customer is often required to go through numerous "hoops and forms" before the situation is resolved with an exchange or refund.

How about special orders? Do you see a special order as a labor-intensive problem? Or is the customer saying, "I would rather do business with you than go looking for the merchandise elsewhere? Can you help keep me out of your competitor's store?"

When you advertise in the newspaper or on radio or TV, you are speaking to the general public; including those who have no use for the products or services you sell. If you are one of the progressive businesses that has a database of it's customers, every name and address in that list represents another potential sale. One store we spoke to has a policy of assigning new employees to make phone calls to names in its database.

After introducing himself or herself, the employee explains that he or she has noticed this customer has not purchased anything in the past few months. He or she asks how the products the customer previously purchased have worked for them, and if there is anything they can do to help them. Of 100 calls made, this retailer reports that 2% of the customers will identify themselves as unhappy, refusing to again shop with them. At least this identification allows the retailer the opportunity to mend a broken fence.

Of the remaining 98 customers, 16 will show up in the store within the next two weeks. The retailer reports their usual statement is, "I just haven't needed anything lately." Of course we know that is not likely the situation. What has happened is that the customer has forgotten the retailer, but has responded to the invitation to return. The saying is, "Never forget a customer. Never let a customer forget you." For you see, what you do speaks so loudly; I cannot hear what you say.

 

 

 

 

 

 

MAY 2024
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Small Business

AdvisorieS

The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.

 

Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?

 

Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.

Small Business

News

Top Story

We see that many small business owners have too much of a focus on the "top line" of their income statement.

 

Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.

Article of the Month

Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.

 

And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.

 

The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."


Book of the Month

Lean Startup by Eric Reis is our suggested book for May.

 

As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.

 

Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?

 

Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.

Small Business

News

 

Top Story

We see that many small business owners have too much of a focus on the "top line" of their income statement.

 

Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.


Article of the Month

Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.

 

And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.

 

The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."


Book of the Month

Lean Startup by Eric Reis is our suggested book for May.

 

As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.