Keep Them Coming Back!!

Personal selling is one of the most important aspects of almost any business career – because you're always selling, not just to customers, but to your boss, your peers and colleagues, even your friends. Persuading others, pitching your case – call it what you want, but understanding how to get someone else to do what you want them to do is one of the most basic skills of being human.

In terms of dealing directly with customers, my favorite advice would come from Dale Carnegie's classic book How to Win Friends and Influence People. You can read all of the current how-to books you want but you won't find better, more concise advice. Remember people's names. Ask about their feelings. Try to understand them and their own points of view. These are the building blocks not just for great salesmanship, but also for lasting friendships.

What if you lose a client? What this question really emphasizes is how important it is to make sure that we do it right the first time, because once we lose a customer, as is clearly the case here, we may never get a chance to be able to talk to that customer again. We know that, so what do we do now?

Whether this is a business-to-business (B2B) or business-to-customer (B2C) setting doesn’t really matter. If it is a B2C setting then it's going to be very hard to go to a particular customer and make everything alright. If it's a B2B setting, then it's worth investing some effort into going back to the customer and educating him about the new things we have, making it clear what we can offer him now and also emphasizing what's in it for him by at least reconsidering doing business with us. In the meantime, what we want to do is make sure that we are doing everything as well as we can and hope that word of mouth will reach that customer and he might give us another try.

What else can we try? Possibly a loyalty program if it’s appropriate for your business environment. You will know. With all of the changes, mostly negative, taking place in the world of customer loyalty programming - growth in private-label credit cards, finding the right mix of hard and soft benefits, building an extensive (and often expensive) multi-channel communication program, fixing value of loyalty rewards in customers' minds, dealing with difficulty in redeeming rewards, changes in qualification for rewards, ability to reward best customers, and on and on - I'm more inclined than ever to believe that the best loyalty programs are no loyalty programs at all. Not that suppliers aren't, and shouldn't be, focused on creating the highest levels of customer advocacy behavior possible, it's just that loyalty programs may not be the best vehicle for achieving that goal. In fact, because these programs are typically built to drive more frequent purchasing, rather than create a stronger and deeper emotional and relationship bond with the supplier on an individual customer basis, they can even be counterproductive as a strategic device. Loyalty programs ought not be used as a crutch or surrogate for creating stronger connections with customers, and they too often are just that.

Although there are successful loyalty programs, to be sure, the most effective ways of creating the highest customer lifetime value are a) effective, continuously improved customer-related processes, including messaging and experience management, b) leveraging methods for assuring stakeholder engagement, continuity and productivity, especially among customer-touching employees, c) creating a customer-driven culture, building customer centricity into the DNA of the organization, and d) having a customer information system and database that is as detailed, real-time and actionable as possible, down to the specific customer and experience (i.e., divisible) level.