Download the app

Scan. It's in your pocket.

QR Code — Dygest

Open the Camera app and point it at the code. Free to try.

Cover of 'What clients love'

What clients love

Harry Beckwith

Boost your business growth

Listen to the podcast excerpt:
0:00 --:--

Description

To be successful in business, you must build strong customer relationships. This requires effectively addressing five key building blocks: trust, listening, providing value, personalizing service, and creating communities. More than anything, continually ask "What do people love?" and organize your business around providing more of what clients love.

Answer that question week after week. Build your business around satisfying customer loves and you can't help but be successful. Technical competence is the price of entry; customer relationship excellence is the key to ongoing success. Keep your business focused on learning and fulfilling customer loves. That is the critical question that holds the key to business achievement.

Table of contents

01

Smart planning

Developing an effective business plan is critical for any company, regardless of size or industry. Too often, entrepreneurs fall into the trap of overly relying on their plan to predict the future success of their business. In reality, the future is impossible to predict accurately. Markets, technologies, consumer preferences - all are constantly shifting in ways no model can ever fully anticipate.

The true value of creating a business plan lies not in the final document itself, but rather in the rigorous planning process required to complete it. Developing a comprehensive business plan forces entrepreneurs to deeply research their target market, realistically assess the competition, and identify what unique value they can provide to customers. Most importantly, it requires clearly defining who those customers are and what they will genuinely pay for.

Rather than wasting effort on fruitless attempts to predict an unknowable future, smart business leaders focus their planning on understanding one factor that will never change: human behavior and motivation. They observe potential customers not just through surveys and focus groups, but through ethnographic research to understand how target consumers actually behave in the real world. They speak directly with potential customers to learn what people are passionate about and willing to spend money on.

Download Dygest

for the full experience!

02

Clear com­mu­ni­ca­tion

In today's world of information overload, businesses that help customers simplify their options are more valued than those just adding more choices. To succeed in business by getting your message heard, say something distinct, straightforward, and if possible, visual. The most effective way to communicate marketing messages nowadays is to remember several key points:

- Don't try talking over other advertisers, but instead promote where no one else does. - Keep your message brief since a single clear point will stand out while many will fade into background noise. - Incorporate visual elements whenever possible because how you look and act appeals more than claims alone. - Ensure each word counts, never wasting customers' time. - Be conscious of all communications, making every interaction excellent, especially first impressions which greatly influence later perceptions. - Watch the labels and descriptions you use to avoid inadvertently activating negative biases, possibly improving reception of new ideas through better framing. - Simplify everything so all clients grasp what’s happening; more options bring more confusion. - Make offerings easy to comprehend and clients will appreciate it.

Increasingly, people dislike intrusive advertising that interrupts their activities. Thus, prudent marketers carefully choose when and how to promote. However, this doesn't mean all advertising is detrimental. Good advertising boosts other direct selling. Most customers don't like hearing from subpar companies but do like learning about quality ones. Nearly every business today touts word-of-mouth marketing's premise: providing exceptional service makes clients rave to others. Yet in reality, clients rarely rave about anything, certainly not easily substitutable offerings. Hence, forget word-of-mouth. Stick with candid advertising. Don't use gimmicks just to grab attention; that's foolish regarding marketing efficacy. Instead, craft solid ads. If you advertise sufficiently and regularly, most will naturally assume you're doing something right. Over time, steady advertising builds awareness, which you can then leverage to convert into sales.

Download Dygest

for the full experience!

03

Compelling message

In today's business climate, there is a pervasive atmosphere of fear, uncertainty, and doubt (FUD). High-profile cases of corporations breaching the public's trust have made consumers skeptical of claims made by companies. This mistrust presents an opportunity, however. Businesses that can demonstrate genuine trustworthiness can differentiate themselves from less scrupulous competitors. Building authentic trust is key for success.

Most consumers have become savvy to sales tactics that seem manipulative. For instance, when they see a product discounted in a "sale," they often assume the business is employing tricks to make the deal look better than it is. To gain trust in this environment, businesses should focus on transparent communication, modest claims, and relationship-building.

Specifically, always dealing honestly with customers is essential. Never try to mislead or fool them. Additionally, be factual and realistic about offerings, rather than overpromising. Revealing a weakness upfront can establish credibility by showing you are not claiming perfection. Building personal connections with customers is also key, since purchases are frequently based more on relationships than specifics.

Skilled salespeople understand the optimal sequence for persuading today's wary buyers. Average salespeople pitch in this order: first discussing their product or service, then their company, then themselves, and finally naming the price. Savvy salespeople realize the most effective order is: leading with building trust in themselves, then their company, then their offerings, with price last.

Download Dygest

for the full experience!

04

Reassuring brand

Building a strong brand is essential for business success in today's economy, which is increasingly driven by intangible services rather than physical products. A quality brand embodies everything a company stands for and attracts loyal customers who value what it represents. By cultivating an excellent brand, businesses also raise client satisfaction as they live up to the expectations set by their branding.

Several key factors go into developing a robust brand that sets a company apart. First, the name itself carries weight - it should sound professional, have no negative associations, and communicate the company's specialty if possible. Memorable names like Stamps.com and SmartForce effectively convey their services. Also choose something unique enough to avoid confusion with competitors.

Second, familiarity and visibility are critical - the more people see the brand, the more legitimacy it gains. Displaying the brand prominently boosts perception that it is a leader in its industry.

Next, brands should focus on solving one core customer problem rather than trying to be all things to all people. The era of the generalist is over - today's brands thrive on specialization. Diluting the brand by expanding into too many areas only serves to confuse its identity. Instead, introduce additional services under new, distinct brands. Mastering one niche is better than being mediocre at many.

Download Dygest

for the full experience!

05

Caring service

Forging strong connections with customers is vital for business success. While people often purchase products based primarily on their feelings about the product itself, services are evaluated more on the provider than the service. Therefore, businesses should focus on bonding closely with customers to thrive. By demonstrating authentic concern for clients' needs, they will respond positively in turn.

Despite the array of communication technologies nowadays, clients still struggle to connect with like-minded people. This presents a prime business opportunity - helping customers feel more connected will align them further with your offerings.

Useful tactics include hosting seminars, open houses or meetups to unite clients, adding message boards to websites for them to assist each other, inviting customer newsletter contributions, using branding to foster a community identity like Starbucks, and emphasizing human interaction over technology in customer service.

Ultimately, clients seek fulfillment and anticipation of satisfaction from purchases, not merely products or services. Meet these underlying needs through every buyer experience. Customer loyalty cannot be built via mass communications like bulk emails or faxes. It emerges from individualized service showing each client's importance through relationship building.

Download Dygest

for the full experience!