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Posts Tagged ‘trust’

A return to decency.

July 19th, 2010

I came across this article, authored by John Jantsch of Duct Tape Marketing, last week. His points about the importance of ethics in business relationships were so articulate, I thought the readers of The Quisenblog might appreciate them undoctored. So here, in its original form, is Jantsch’s article, “A Return to Decency.”

ethics-sign“As one of the worst recessions in recent history seems to loosen its grip, both fundamentally and psychologically, it’s time to take stock in what I hope we’ve learned.

Real relationships took a back seat in business. That’s not what caused the recession, but a quick scan of the worst headlines would suggest that if the major ethical lapses reported on Wall Street could occur, then perhaps even the smallest of firms had let go of behavior that looked something like decency.

As we rebound and even boom, I hope that we will see a return to business relationships built on a foundation of mutual respect, trust and decency.

While words like trust and decency can be hard to define tangibly, there are behaviors that any business can adopt to keep the focus where it should be.

Create more value

Price is a function of value, there’s no question about that fact. And value is delivered in many little ways. Now is the time to deconstruct our products and services, and perhaps more importantly, the way our customers experience our organization, with an eye on making the entire collection more valuable, remarkable, fun, flexible and personal. Doing that can set an organization on the path to a solid foundation of customer loyalty that serves in good times and bad.

Take a holistic view

As we view your customer needs, what if we tried to understand everything they need, including areas unrelated to our products and services? If we can come to appreciate all of our customer’s desires and goals, we can develop a team of strategic partners that can plug into our offerings and help us dramatically deepen our customer relationships.

What if we began to think of our role as a customer booster rocket and “go to” resource for everything they needed? Do this and we also develop a referral network that will turn into our ongoing lead generation machine.

Mine the collaboration universe

One of the greatest developments associated with the growth of the Web is the proliferation of tools that make it very easy to collaborate, both online and off, with prospective customers, vendors, mentors, suppliers, staff and even competitors. We must mine this technology and enable the players in our collaboration universe to expand what they can offer us, our team, and our customers.

And for decency bonus points…

Let’s take a quick look at our closest competitors. What’s happened to them during this downturn? Is there an opportunity to grab market share? If so, resist it and consider lending them a hand instead. I know this may run counter to competitive wisdom, and I’m not suggesting we need to take on their payables, but I do think there’s a long view in being the kind of company that uses their position in the community to establish a statement about what’s really important.

I grew up in a farm community and while it’s unlikely one farmer thought of themselves as fierce competitors of another, they did provide a market with the same products. However, if one farmer experienced a hardship, a broken down tractor, loss of livestock, or need to get the crop in before a big storm, they could usually count on the help of neighboring farms without the need to ask or expectation of payment. Everyone in the community knew that they would probably need this same kind of support and gave a hand willingly. I wonder if today’s small business community could take this view?

Learn from social behavior

Social technology affords us a glimpse into the personal lives of those around us. Certainly this can be abused on both ends, but it also calls out for a new form of leadership that is much more open and willing to blend business and personal.

With mainstream acceptance and sharing on social networks we have the tools to automatically build deeper relationships that take into consideration the challenges and objectives of those around us in ways never before experienced in the business world.

I often use the Mister Rogers quote, “It’s hard not to like somebody once you know their story,” to drive this point home. If we use the shift in social behavior to tell our own stories and learn from the stories of others and we’ll be much more equipped to create a culture of decency throughout.

Say thank you

With the rush and go, always crushed with things to do, it’s pretty easy to get complacent about who and what pays the bills. If we’ve lapsed into this, we need to remake space to thank the people that make our businesses possible.

This process starts with letting our staff members understand how valuable they are and how much we appreciate what they add. (In fact, acknowledging a job well done is the most powerful motivation tool in the box.)

I’ve taken up sending hand-written notes to those I should thank. It’s not that hard to establish a habit of sitting down at a set time each week and sending inked words of appreciation, recognition and observation.

That might be the most decent thing any of us can do.”

Thanks, John, for your thoughts.

Posted by Mickey

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The silence is deafening.

February 3rd, 2010

A lot is being said and written about Toyota’s recall of thousands of its units due to faulty accelerator pedals. The media is talking. Customers are talking. Late-night talk show hosts are talking. But Toyota itself? It’s not talking.

Toyota's Sunday Newspaper AdTo be fair, Toyota spokespeople are talking. It’s just that they’re not saying anything. Peruse this ad that ran in this Sunday’s paper, and you’ll see what I mean.

While I have no doubt that Toyota’s intentions are good and that the company’s priority is the safety and satisfaction of its customers, one would never know that from the way the company is behaving. Its take-it-slow, let’s-get-to-the-bottom-of-this-and-have-all-the-pieces-in-place-before-we-go-public approach isn’t doing much in the way of maintaining trust. Customers have urgent questions now. Is my car affected? Is it safe to drive? When will it be fixed? What assurances can the automaker give me it is safe?

With all the questions that abound, not just from Toyota owners but from dealers, the media and the general public, this close-lipped approach is proving to be a violation of the trust Toyota has spent decades earning among the car-buying public.

The reality is this: if you’re not out there telling your story, somebody else will be. And you never know who that’s going to be. In these days of Social Media, where anyone with an Internet connection has a microphone, there’s going to be no shortage of commentary. But without a corporate voice, there’s no filter for this information, and the public is left with the uncomfortable feeling that, “There’s something Toyota’s not saying.”

Why is it when there is some major auto recall that the manufacturer gets sweaty palms about the whole notion of transparency? It is the ONLY thing that will contribute to maintaining/rebuilding the trust that is necessary to regain its former position. One need only go back to the Tylenol tampering episode of 1982 to see how it can be successful.

Adopting a “you-know-what-we-know” stance, if taken with the interests of the customer in mind, would go a long way to soothing buyer/owner/dealer anxieties and also nip a lot of the media finger-pointing and speculation in the bud. Accept the fact that you’re going to be fodder for late-night comedians for a while. Don’t stress the fact that some of the answers you’re giving are uncomfortable or uncertain. Trying to do business behind a curtain during a time of crisis management is opening the door to long-term erosion of loyalty.

Toyota’s #1 asset during this time is its base of loyal customers. But how can your most passionate owners stand up for you if they don’t know what’s going on?

From a practical standpoint, there’s a lot Toyota could commit to in order to minimize the damage to its reputation. Offering a 10% discount on new models when owners trade up from a recalled model. Offering an industry-best 10-year warranty, retroactive to 2009 models. Offering free upgraded loaners immediately to those affected.

But above all, be transparent. Take the attitude of, “If I were a customer, how would I expect the company to take care of me?”

It’s the feeling that “there’s something they’re not telling me” from all stakeholders here that is sewing the seeds for discontent.

Posted by Mickey

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“Luke Wilson is a liar.”

January 20th, 2010

This is an actual Facebook entry posted by a friend of mine a few weeks ago. He was referencing the AT&T TV spots featuring Luke Wilson.

AT&T launched the campaign in response to Verizon’s “We’ve Got a Map For That” campaign, which uses red and blue maps to highlight AT&T’s 3G “dead spots” across the country. AT&T felt the need to counter punch, and thus came up with this tactical campaign.

The problem is, as the aforementioned Facebook entry alludes to, in its attempt to spin the facts, AT&T has dabbled in some untruths. Not that they lied, exactly—the lawyers must have racked up the billable hours splitting legal hairs. Seems the company’s idea of “coverage” isn’t what Verizon was talking about.

Here’s where it gets sticky for AT&T. If you lead your market to believe something, you better pay it off. Dancing around the facts may make you feel better, but it will just turn your audience off. And turn them against you.

As proof, a quick Google blog search on “AT&T 3G” finds verbatims from bloggers and AT&T customers alike saying “AT&T Lies Again”, “AT&T Moves the Goal Post”, and “Dude, where’s my 3G coverage?”

What’s more? While a marketer can contribute to the conversation, he very likely won’t get the last word. Case in point, here’s what Luke Wilson says…

And here’s what a non-paid Verizon customer says…

This can’t be the kind of word of mouth AT&T was hoping for. But that’s what happens when your audience catches you trying to mislead.

So what could AT&T have done to counter Verizon without bordering on the misleading? My advice would be to speak only about their strengths. Focus on markets where their 3G coverage is strong, and remind customers why they chose AT&T in the first place. Maybe even play off the ridiculousness of the more-places-is-better foundation of Verizon’s maps:

“True, Verizon has 3G coverage in Pierre, South Dakota.
But how often do you find yourself in Pierre, South Dakota?”

For many marketers, there are times you need to get out there and counter punch when a competitor starts eating your lunch. At such times, it is imperative that you do so transparently from your Brand Vision. And to do everything in your power to ensure the bond of trust between you and your customers is never compromised.

Trust is the currency of success.

Posted by Mickey

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Give away your expertise.

October 23rd, 2009

This week’s social media blog posts:
Monday: Using Social Media to address your pain points.
Tuesday: Use Social Media to give your customers a seat at the table.
Wednesday: Picking a face for the organization.
Thursday: Picking a face, part 2.
Friday: Give away your expertise.


(This is the seventeenth in our series of Social Media posts for the month of October. We look forward to your feedback on this series.)

As an organization, you have a lot of resources that many visitors and others would find useful. As we mentioned before, most people are using the Internet to find some kind of solution. The most successful Social Media programs are where you help visitors solve problems in ways only you can do it. The knowledge and experience you have around your business and industry is invaluable, and likely can help many, many people, even though you have yet to find a way to “monetize” it.

As an example, let’s say you are a retirement community. You have a lot of experience helping families transition a member to a new and different living environment. You have a lot of knowledge as to what caregivers should be looking for (and avoiding), what the needs of residents and families are, and other information that can give peace of mind and help potential customers make informed decisions. Why not make this kind of “intelligence” available to all who visit your site (and elsewhere on the ‘Net)? This information exchange could take the shape of white papers, a blog, or an online newsletter, or even links to industry-leading information sites. Turn your website from an information-only site into an interactive, dynamic community or a “clearing house” that makes your visitors “smarter” and gives them tools to make confident decisions.

Perspective clientele and their families would come to you in their earliest research phases to educate themselves on the issues involved in the process of finding a great solution to one of life’s more stressful situations. Instead of selling floor plans or amenities, you’ll be in the business of alleviating fears.

You are demonstrating that you understand your customers’ “greater purpose” and you are using your resources to create a solution they can’t find anywhere else. You can repurpose this content in blogs, newsletters, social groups and elsewhere. And as visitors discover this information and find it useful, you’ll find two things will happen: one, they will more often choose to engage with you at a deeper level (in many cases purchase), and two, they will freely share their experience with others and forward your information to them. (Remember the dynamic of Social Media: “receivers” are also “the medium” and are also “creators.”)

This is not selling; no where in this process are you “asking for the order.” What you are doing in this introductory phase is proving value to your prospective customers and building trust. You leave the door open to inquiry, but never is there a “quid pro quo”—“We’ll give you this information, but we expect you to buy from us.”

You are a smart organization. Social Media gives you the opportunity to it off.

Posted by Mickey

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