The Secrets of Continuity and Profitability in Your Business

If you have never heard of continuity or you are not sure what it means you should get a dictionary to look up the word.

My father used to tell me, “go look it up”, every time I wanted to get a quick definition to a word I had not heard before. I gotta tell ya, that was very frustrating for me. But, fear not, because I will tell you what it means.

From Webster’s Encyclopedic Unabridged Dictionary of the English Language, here is the definition of continuity: a continuous or connected whole.

Now you are probably thinking, “what am I talking about” and “what does continuity have to do with my business”?

My answer: EVERYTHING!

That is to say, if you want to make a lot of money, increase your cash flow and create a predictable base of income. Consider using a business continuity awareness program with your marketing. Another consideration could be a continuous service improvement program.

Continuity in your business means creating ways for uninterrupted means of cash flow from your customers for something that is easy for you to deliver.

This concept is used in the information marketing business and the mail order business all the time. Some examples are magazine subscriptions, book-of-the-month-club, CD-of-the-month-club, Proactive Skin Care products, Columbia House, Netflix and so on.

I find examples all the time where this is done on a regular basis by companies just like yours. You don’t need to re-invent the wheel, especially in tough economic times. Think and learn from others.

Recently I have seen a couple very good examples from regular businesses that many of you are familiar with. There is something to learn here.

Info USA: This company deals in mailing lists. These lists are normally sold on a per name basis for a few cents per name.

Info USA has an annual continuity product that gets you xxx number of names for a set price and if you need additional names over your initial purchase you can get them at a lower cost. Your subscription automatically renews itself every year on your anniversary date unless you cancel. We call this a continuity program management cycle.

Amazon.com: Amazon sells books, one book at a time and has come up with a test membership program called Amazon Prime. As a prime member you get free two-day shipping on all books ordered. Plus, overnight shipping on any order for just $3.99. They are offering a 3 month trial membership which then bills your credit card $79 annually. This automatically renews until you cancel.

Think about how you can adjust this concept and offer a continuity product to your own customer base.

Maybe only a small percentage of your customers will use your new service, but you will create recurring revenue that you can count on. If your continuity product is monthly you can develop a prodigious monthly base that can add significant cash flow to your bottom line.

The opportunity here for increased revenue is that continuity programs work and they can mean huge profits in your business. It may take some creative thinking and imaginative solutions. Things your customers consider important now, such as, weak economy, trouble in the financial markets and credit availability, are things you definitely need to consider. There is hidden wealth buried in your business, all you need to do is find it.

How To Deal With Customer Complaints

In the tough economic times we find ourselves in today, tensions are at an all time high. It is more important now that you learn how to handle customer complaints. Customers and prospects are feeling the economic pinch, so when they come in to your place of business you’ll sometimes have complaints that you may not have dealt with recently. This requires a little more sensitivity and courtesy when speaking with your customer to their satisfaction. The five steps we suggest below have been very helpful in this regard.

#1: Remember you are your company to its public. To the typical customer you are the company. How the customer feels about you will be how he feels about the company. Invest in good customer relationship management.

#2: Treat each customer like your closest friend. You, I and everybody else share the desire to be treated as important people. You naturally, automatically treat your friends this way. The successful customer service diplomat learns to treat everyone with the same friendly attitude.

#3: Customer service diplomacy gets first priority. Nothing else can be more important than the customer because nothing else matters without the customer.

#4: The customer controls your future. In a very real sense this is true. In some organizations favorable and unfavorable comments and letters from customers do go into your file and do influence promotion decisions. In a broader sense the success your company has that permits it to continue in business, grow in business, prosper and reward its people has a direct relationship to customer satisfaction.

And #5: Customer service diplomacy means going the extra mile. The extra courtesy, the extra knowledge, the extra effort – little things can have big impact. You can make a meaningful positive difference by going the extra mile.

When you program your mind with these five success guidelines by reviewing these five simple success guidelines several times they will become part of your memory in your attitude system. It will ultimately, automatically influence your thinking and your behavior. In this case it will influence your reactions to customers. The results are positive for everyone including you.

Now let’s talk about properly and successfully handling the customer with a complaint. Before we actually get into the five success guidelines for handling complaints there are just a couple basic ideas we should take a look at.

One is that a mistake made by you, someone else in your company or by a manufacturer of a product your company sells is not in of itself very likely to permanently damage your relationship with a customer. Mistakes happen.

Years ago popular buzz words in the federal government’s defense department and in industry were the ‘zero defect program.’ Although this sounds wonderful and represents a worthwhile aspiration it’s not consistently attainable. Some errors are going to happen…errors in judgment, errors in behavior, errors in service, errors in product manufacture or assembly and so on.

Don’t get me wrong I am not defending poor quality. I very much believe in excellence but also think we can acknowledge the difference between excellence and perfection. So mistakes will be made that cause customer dissatisfaction and you will be faced with those dissatisfied customers regardless of who made the mistake.

At that point, by the way, who made the mistake is irrelevant to the customer.

The important idea here is that the mistake itself won’t cost the company the customer depending on how the customer’s complaint is handled. In other words, it’s the success or failure of diplomacy in handling the unhappy customer that keeps or loses that customer. In fact, in many cases a customer with a complaint who is masterfully handled by a dedicated, talented customer service diplomat becomes a better customer than ever after the incident.

So we have to look at handling customers’ complaints both as a responsibility, part of being in business, part of our positions and as an opportunity to actually improve relationships with customers.

The second basic idea about customer complaints I’d like you to consider is that the rage level of the customer usually has very little to do with you or your company. Usually it is a reflection of an accumulation of irritation, frustration and stress. The problem with your firm was just the proverbial straw that broke the camels back.

In the movie ‘Heartburn,’ Jack Nicholson is ranting and raving at Meryl Street who finally starts crying and tearfully asks, “Why are you yelling at me?” Nicholson’s character thinks for a second and honestly answers, “Because you’re the only one here.”

Sometimes you are going to get the brunt of burnt toast, traffic jams, problems at the office, a parking ticket when some truly little problem with your company pushes the person over the edge of his stress tolerance level. You have to be wise enough not to take it personally, empathetic enough to understand the real nature of the customers anger and results oriented enough not to lash back at the customer.

The author of the book, ‘Life Is Tremendous,’ a motivational and humorous speaker Charles Tremendous Jones talks about the airlines losing his luggage so often that he expects it. As the plane is landing he starts thinking about the lost luggage and starts getting irritated. As he walks toward baggage claim he thinks about the idiots doing this to him again and he gets really steamed up. By the time he gets to baggage claim he’s hurrying to see that his suitcase isn’t there so he can go give the airline people a real piece of his mind only to find his luggage is there, which makes him really mad that they would get him so steamed up over nothing in the first place.

Just like Charlie your customer can start out with a rather trivial problem but by the time he gets to you he’s worked himself up with the memory of every previous problem he’s ever had with everybody he’s ever done business with. The customer is braced for a big fight. The customer is loaded for bear.

Is this fair?

No but to be successful as a Customer Service Diplomat we deal with situations and people that in our opinion do not behave as they should. So with these thoughts as a reference, let’s look carefully at the five success guidelines for handling customers with complaints and talk about these in your next sales meeting with your staff.

“Who Wants To Steal Back Their Market Share, Conquer Depressed Market Conditions, And Be In A Position To Pounce When This Market Makes A Major Rebound”

Follow Up Using Internet & Mobile Marketing

But Hal… My Business Is Different!

Dear Friends,

I’ve heard that comment a lot lately. Your business should be working on many things right now and one of those items should be “Fixing your Follow-Up System”. Do you have a system?

FACT: Many of our clients are using a system to generate leads. One of the many benefits of using our “Ultimate NO BS Marketing System” is to improve your business relationships with all your clients and prospects. If you aren’t already doing so, you need to let your customers know that your doors are still open and that you are there to serve them.

If you have a system in place right now, you are way ahead of 99% of your competitors. Many business owners are in a bad place right now and aren’t doing anything to improve their success. Bad for them; good for you.

Understand the value of your leads. People buy when they are ready to buy, not when you are ready to sell.

This article is meant to re-introduce you to us and to share with you how doing business using our methods can improve your business. We have been marketing to you and a few of your competitors for more than two decades and many of you have used our programs. We combine old ways with new technology to create high responses. Choose from many of our Internet Marketing Programs and Mobile Marketing Programs for added value to what you may already be doing.

If you would like to learn more about increasing your traffic, fixing your follow-up and to make more sales Faster, Easier and More Profitably… Call/Fax/Email us at:

Phone:  Direct: 805-529-9744 … Fax: 805-529-0880… Mobile: 805-217-3316
Email: info@lahpromo.com

Dedicated to your profitability,

Hal Hoadley
President
LAH Promotions

“Who Thinks They Have The Answers To Our Financial Future, Please Raise Your Hand”

There are times you need to take the bull by the horns and decide for yourself what the best course of action is for you, your business and your family. This year 2012, we, as a nation will be heading for the voting booths here in the United States. We are asked to choose a leader that we believe will bring to our nation Goodwill around the world, bring Prosperity back to our citizens and to help those that are less fortunate.

If you’re a small business owner trying to keep your head above water, who do you listen to in helping you decide the best outcome? Whom do you trust to have the right answers? Do you look for experience? What course of action should you follow? What qualities do you want your leader to have? As a business owner, do you have a plan? How about a marketing plan?

Do You Make Decisions Based On Principle, On Facts?

I like to deal with the facts. Therefore, let’s take one sector of our economy that I know a little something about. I have been marketing for the retail automobile industry for over two decades. This industry, like many others, are wishing they could discover a fresh, new marketing approach or campaign, that could magically increase buyer activity among local shoppers in today’s tough economic climate. Auto dealers throughout the country are staying with methods that they find tried and true, according to Auto Remarketing, an automotive newsletter based in North Carolina.

Selling: Time To Go Back To Basics

Some dealerships are finding success with such events like special monthly activities to draw in much needed traffic and hopefully, buyers. Some dealers have opened up added used car lots that attract buyers looking for lower priced cars. Others have said they are going after New Referrals and still others are looking to the internet to bring activity to their showrooms. No matter which course of action is taken, it all boils down to rolling up your sleeves and applying some extra elbow grease to those particular ventures.
Many dealers, when questioned, said they weren’t doing anything new and different, but they were reapplying some of the old basic Principles of Selling. Those basics involve direct mail, contacting their customer base and applying  relationship marketing. This is very important because too many dealers and small business in general, do very little, if any at all, follow up marketing. You need to fix your follow-up. And if you think that by sending out a letter, brochure, postcard, email, text message or whatever, every three months is going fix your follow up; save your money. Unless you are willing to spend the time and effort for what it takes to keep in touch with your customer once a month, you’re kidding yourself. In those 90 days between your mailings, phone calls or emails, your competitor is banging on their door repeatedly. This is your wake-up call to fixing your follow up system. This should be your number one priority right now.

What Is Working Now?

Many auto dealerships and business owners are giving various marketing methods a go in an attempt to lure customers to their showrooms or place of business. Some of the old traditional methods are being retired. We are seeing a deep decline in newspaper readership. Many business owners have not renewed their contracts because of poor responses using the classifieds. Television advertising has soared in price and with hundreds of channels to choose from makes it difficult to test them all. TV is a saturation medium and unless you’re prepared to spend a lot of money, this makes this choice too expensive for many. Radio is still a good buy in many parts of the country. But this too is a saturation medium. The other downside to all three of these sources of advertising is the fact that they are hard to track. When you are spending ad dollars, don’t you want to know how effective your ads are? There are only three mediums that can give you the feedback you want for your ad dollars and that is Direct Mail, the Internet and Mobile Marketing.

Many dealers have opened an internet department. The future for the retail automobile dealer is going to be in using the internet and how effective you are in using your internet department. Do you have a website? If you do and it isn’t user friendly, or it doesn’t offer good feedback to your customer, you may have missed the point of having a website. Your website needs to be a reflection of you. If all you want to do is put up a site giving prices and pictures of cars you’ll lose a prospect. They have questions and they want answers. Do you have a mobile website? The fastest way to get back to a prospect is to Text them. 97% of text messages are opened and read in less than 4 minutes.

What Can You Do To Get More Prospects, More Buyers

There are many ways to encourage prospects to come to you. That is a topic for another day. But for right now you can Fix Your Follow-Up. Let them know that you are still in business to serve them and that your doors are wide open.