Please do not leave this page until complete. This can take a few moments.
Many business failures can be traced simply to the way companies communicate — or fail to communicate effectively — with their customers.
While most successful business owners recognize the importance of avoiding the common communication gaffes, it’s important to keep them in mind as you review your business practices to ensure you’re among the group of successful entrepreneurs whose companies prosper.
No matter how well you think you know your customer, it’s dangerous to assume you always know what they need or want. Many business decisions are based on a gut instinct of what a business owner believes customers want, not necessarily because they’ve asked them directly. Don’t be afraid to ask existing customers as well as former and potential customers to ensure their concerns and expectations align with the value you provide.
You must always remember that customers buy benefits, not features. Features simply support the value you provide, so in communicating with prospects, think about what matters most to them and focus your written and oral presentations on addressing that value. This doesn’t stop after your first meeting. You must continually educate customers about the value they receive. Even if you believe it’s obvious; don’t assume your prospective customers “get it.”
Studies show it can cost up to five times the amount of money to bring in new customers as it costs to retain good ones.
Make sure your communication is not just pre-sale, but that it continues after you’ve gained their trust as customers. Unless you don’t care about repeat business or referrals, make sure you follow up with customers after they’ve made a purchase.
Customers don’t expect perfection, but they do expect courtesy and empathy from you when things go well and especially when things go awry.
You only get one chance to make a first impression; make sure it’s the one you want to make. If that first interaction is through a phone call or perhaps a visit to your web site, make sure it’s memorable and provides the visitor with a strong sense of who you are and why they should want to continue a dialogue and business relationship with you.
Sometimes e-mail is an acceptable and even the preferred method of communication, but there are certain situations that require a more personal touch, such as a phone call or in-person appointment. Make sure you understand how your customers want to communicate with you and follow through in that manner.
And remember that customers do not live in an isolated world. Recognize how external factors might impact their decisions and their ability and interest in conducting business with you.
If you recognize these and show them that you’re interested in working out terms that meet both their needs and illustrate flexibility and compassion, you plant the seed of a loyal and long-term business affiliation.
Beth Goldstien is president of Marketing Edge Consulting Group in Holliston. She can be reached at beth@m-edge.com.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments