|
|
|
As a result of this column you and your organization will:.
What do customers want? They’d like to know that somebody in the company is thinking, and thinking of them. Consider the example of grocery stores creating preferred treatment for the wrong customer. Is there a business problem when, inadvertently, the supermarket industry treats its better customers less well than the “few item shopper”? Are supermarkets competing with convenient stores? Are they trying to be all things to all people? If they did away with “express” would that free more cashiers to take better care of their best customers, the ones with their carts spilling over? Could that give them a competitive advantage? What are your thoughts? A good friend recently asked me, “I’m curious about what you would do with the supermarket conundrum of express lines for customers with few purchases and longer lines for customers with lots of goods?” Great question. What would you do? American businesses are filled with bright people who are both innovative and solution oriented and they are not afraid to think outside the box. Give a moment’s thought to the airline industry as well. Does it really make sense to charge your best customers, business travelers, three to four times more than the occasional traveler who books 30 days in advance? Research study has found that customers divide companies into three levels of service.
Superquinn is a chain of grocery stores in Ireland that is obsessively concerned with its customers. They provide scissors beside the broccoli so customers can trim off the heavy stalks that they would otherwise throw away when they got home. An additional benefit is that they don’t pay for what they don’t want. Additionally, perishables are delivered twice a day to ensure freshness. Fish and meats are cut to order at Superquinn, and the store stocks special items for customers, even items that are normally only carried by a competitor. This eliminates the need for customers to make special trips for one or two items and keeps them out of a competitor’s shopping environment. As a result, Superquinn’s customers wouldn’t dream of shopping anyplace else. Are you willing to truly customize your product or service offerings to meet the needs of an individual customer? Wal-Mart doesn’t. Like L.L. Bean they offer an “accommodation” service level of business. If you’re differentiating on service, are your customers educated or informed when they do business with you? Organizations throughout the United States need to decide what level of service they wish to offer: average, good, or superior. In the long run, that will go a long way to determining which organizations are truly successful, which one’s just survive and which one’s fail miserably. Relentless thinking about your customer will show them that your business genuinely cares. |
|
| This article is provided by Joe Murtagh, “The DreamSpeaker™” www.TheDreamSpeaker.com. For keynotes, facilitation, workshops, consulting and questions or or a free report on The 3 Most Common Mistakes Organizations Make, email us at Joe@TheDreamSpeaker.com or call 800-239-0058.
If you enjoyed this column you’ll love our Books (click here) and Training Programs (click here). Each is filled with hundreds of leading edge profit enhancing ideas from the best business thinkers in the world. This is one of over 300 columns published and part of the reason why The Wall Street Journal and The New York Times have called The DreamSpeaker™ about Business Planning Issues. |
|
| To receive future bi-weekly issues of Business Journal Columns™. | |
Business Journal Columns™ - Competition
As a result of this column you and your organization will:.