December 2018 - c3centricity | c3centricity

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The Secrets to Growth. How to Get New Customers

This shorter than usual post was inspired by a great question on Quora about how to get new clients. Although my original answer was for a web design company, most of my ideas are relevant whatever industry or profession you are in. I therefore wanted to share my answers to the question in the hope of being of help to businesses large or small.

First let me say that if you’re struggling to grow, then you’re not alone! I imagine that this won’t make you feel much better. But please remember that business, especially entrepreneurship and freelancing, is for those who are strong of mind and spirit. There are going to be days, weeks or maybe even months of highs and lows. However, these shouldn’t make you question why you do what you do. For me, as a longtime entrepreneur, it’s the freedom that more than makes up for a day or two without a new client signing me up. And if you work in the corporate world, then it is the chance to impact the lives of thousands or millions of people for the better.

Wherever you work, one thing we all have in common is the need and desire to grow the business and get new customers and clients.

A few ideas for you to think about and above all to action!

Whatever ideas, tips, suggestions you may read or hear about, it is only in the action that you will make a difference. This article is no different. So when you’ve finished reading the post, stop reviewing your emails or surfing the web, and start planning your actions. We all go looking for answers, but only a few of us act on them when we find something useful. Be the exception and beat the competition!

As an aside, this is why my book “Winning Customer Centricity: Putting Customers at the Heart of Your Business – One Day at a Time” (includes link to download some sample chapters) is in a radically different format from every other business book out there. It has 50 chapters, but each one is only two pages long! Two pages of objectives, actions, examples and ideas, as well as an inspiring quote and a fun cartoon. It finally makes learning enjoyable again. Isn’t that what we all want? Now back to the answers.

1. Who were your Past Customers?

Let’s start with where you are today, or were yesterday. What were your past customers’ similarities? Go out and find more like them, using the same method they used to find you.

Was it word of mouth? Then ask for recommendations from them and your closest network. Was it through LinkedIn? Then make some new connections that are similar to them. Reach out to a segment of those who are most like your past customers and you think may have similar needs.

Any of these ideas will bring you more new potential customers than most advertising spend ever will. This is because you are speaking directly to the type of people who are most interested in what you have to offer. Obvious really, but we too often jump on the bandwagon of what big brands and “gurus” are using. You’ll have time for advertising when you are one of them. Until then, spend your money more wisely, when you want to get new clients.

2. Get Intimate with your Current and Past Customers

Ask your current customers, or those for whom you have just finished a project, if they need anything else? Ask them if they know anyone else who may need your services. They have just seen you in action and assuming they are happy with the result, they are probably happy to share their experiences with others. If they don’t have any ideas, then at least get a quote from them that you can share on your website. Social proof remains one of the best ideas to influence people who are unsure about hiring you, so you can get new clients.

Then analyse the profiles and develop a persona of your ideal client, if you don’t already have one. You can use my 4W™ template to help you with this task. Remember that the 4Ws stand for WHO, WHAT, WHERE and most importantly of all WHY. Often it is in the WHY that you will get ideas about who and where else you can go looking for work. Chase the problem and offer a solution. Most entrepreneurs and businesses make the mistake of chasing customers and fail to connect with them.

Chase the problem and offer a solution. This is the most efficient way to find potential new customers. #CustomerFirst #CEX #Customer Click To Tweet

3. Go Online and Find People Talking about your Category or the Type of Work you do

Quora is a good place to start. Answer questions so you get noticed and appreciated for your wisdom. (Hope I’m impressing you with my ideas here! If not then please leave a comment and tell me what I could do better)

Next check the usual social media platforms and again find discussions about what you offer. Reach out to anyone who says they’re frustrated, angry, unhappy etc. Understand why they are saying this and then offer them a solution.

That’s a surefire way to get new clients, because we all love people who come to us with solutions rather than problems, don’t we? And we forget that many executives haven’t got someone else to turn to. Be that person.

We all love people who come to us with solutions rather than problems, don't we? Be that person. #CustomerFirst #CustomerSatisfaction #CEX Click To Tweet We forget that many executives haven't got someone else to turn to when they have problems. Be that person. #Executive #CEO #CMO #ProblemSolution Click To Tweet

4. Offer a Free Analysis of Potential Clients’ Websites

This was in answer to the industry in which the person who asked the question on Quora was working. I do this a lot, as reviewing a potential customer’s website is a great way to see just how customer centric they are – or not! (If you would like a free analysis, just add your name and website URL below and I’ll send you my thoughts) But you can offer potential clients the chance to experience your work for free in many other ways.

Free is one of the most popular words on the internet, so why not make use of it? But don’t overload your response by providing too much detail. Give too much and they won’t need to hire you, they will be able to follow your suggestions and do it themselves. (And I stand guilty of this, I know! I always like to over-deliver.)

Provide a few ideas about things that need changing, but don’t give the solution too. End with a comment like “There’s a lot more I could help you with to make your website shine, but it would be too long to write here in detail. Let me know if you’d like to chat.” Then pitch them your solution when you have the person on the line.

I use this myself. I offer the mini C3C Evaluator™ tool for free and charge for the full quiz. People who try the mini version still get tremendous value and clear actionable results from it, but of course the full tool would provide much more depth – plus a free advisory session with me to discuss next steps. All this for $99 when my hourly rates are more than five times that! I’m sure you can see that they are getting a bargain, and me a very happy potential new client!

5. Frequent Outreach

Perhaps the best tip of all, is this last one – for now; I have many more I can share of course. (See what I just did?!) Go back to everyone who responded to your outreach but said no. Perhaps it was no then, but could be a yes now. However, don’t pester them with daily or even weekly emails. Wait a month or more before reaching out again. Also, go back to everyone who didn’t respond. These days, we receive so many messages that we sometimes delete without reading, or they end up in our spam folder. Send a second and third follow-up email, again waiting a few weeks or even a month or two between each.

So there you have a few ideas on how you too can grow and get more clients. Hopefully these five suggestions and tens of ideas will spark some ideas for action in you for your business. PRINT THIS OFF AND READ IT whenever you are in a low spot on your business curve. It will inspire you to take action in those moments where we feel frozen in panic and lacking in ideas.

And of course, you can always reach out to me for a whole lot more. I’m Denysech on Skype. However, if you do connect there, please explain why you are connecting. I get anonymous connection requests every day – and refuse all those from people I don’t know! Thanks.

How Your Business Can Quickly Adopt a Customer First Strategy

Every few days there seems to be another customer service disaster that fills the newspapers and goes viral on social media. These usually happen when an organisation does not adopt a customer first strategy.

Almost every single organisation, big or small, recognises the importance of their customers. They talk about customer centricity but very few actually go beyond voicing their opinions. Why?

A customer first strategy is not that difficult to implement. Just think customer first in everything you do! So how come most businesses get it spectacularly wrong? I think one reason is because they don’t see the immediate return and it costs money to implement. Or perhaps it’s because they have hesitated starting and now feel left behind; they just don’t know where to begin. What do you think? If your in one of those situations, then help is at hand. Read on for some of the most useful tips I’ve seen on the topic of adopting a customer first strategy.

A customer first strategy is not that difficult to implement. Just think customer first in everything you do! #CEX #CRM #CustomerFirst Click To Tweet

 

REASONS TO ADOPT A CUSTOMER FIRST STRATEGY

There has been enough research done to prove that the return on a customer first strategy is significant. Here are just a few of the most noteworthy numbers I found during my research online; if you are still not sure it’s worth it this data will convince you:

  • 86% of buyers will pay more for a better customer experience. But only 1% of customers feel that vendors consistently meet their expectations. (Source: CEI Survey)
  • 74% of consumers have spent more due to good customer service (Source: Entechus.com)
  • 89% of consumers have stopped doing business with a company after experiencing poor customer service.  (Source: RightNow Customer Experience Impact Report)
  • By 2020, customer experience will overtake price and product as the key brand differentiator. (Source: Customers 2020 Report)
  • A 10% increase in customer retention levels result in a 30% increase in the value of the company. (Source: Bain & Co)

Those are numbers that would make any CEO sit up and take notice! But will it make them act? What’s holding yours back from investing in your customers rather than (just) in the products and services you offer?

I believe that those numbers can no longer be ignored. It’s time every CEO started to adopt a customer first strategy. NO more excuses! This has to be (one of) your organisation’s top priorities!

It’s time every CEO started to adopt a customer first strategy. NO more excuses! This has to be (one of) your organisations top priorities! #CustomerFirst #CEX #CRM #Customer Click To Tweet

 

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If you’re ready to put your customers first, sign up to watch my Customer First Strategy Webinar. In it, I share many Tips, Tools and Templates to improve your Customer Targeting, Understanding & Engagement, to Grow your Business Faster. You will immediately make noticeable progress.

Watch the webinar
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MARKETING IS TOO BUSY BUILDING BRANDS

With so much information available today, marketing is being challenged to demonstrate its ROI. This might explain why they are still putting their efforts into brand building, sometimes to the detriment of their customers, consumers and clients.

However, an analysis by IBM on some research carried out in the UK by the Callcredit Information Group gives a different reason. They found that the majority of marketers are feeling overwhelmed by all this data. Their explanation for this is that “only 29% of marketers believe they have the necessary skills to analyse data, with 44% planning on investing in further training over the next two years to boost confidence within their organisations around the handling of information.” 

According to a Forrester report, 44% of B2C marketers are using big data and analytics to improve responsiveness to customer interactions. But of equal importance in terms of top two mentions, is the desire to generate insights. ( Source)

Top 3 critical factors to marketing program success

 

It surprises me that despite the constant flow of data into companies they still lack insights into their customers. As I’m often quoted as saying:

“We’re drowning in data but thirsting for insights.”

Marketing is clearly so busy using data to manage pricing, distribution and communication channels, that they are not using the information to get to know their customers better. This conclusion is confirmed by a Forbes article which mentions that marketing is using big data to provide answers to “which content is the most effective, how to increase conversion rates and customer lifetime value.” It would be good if they (also) used it to increase customer satisfaction and loyalty, no?

Big data has actually done customer understanding a disfavour since organisations are hardly increasing their spend on market research according to ESOMAR’s latest industry figures. The industry grew a measly 1.0% in 2017, down from a 2.2% growth the previous year, the first “significant” increase recorded in the previous five years!

SOURCE: ESOMAR Global MR Report 2018

 

Compare this to the more than 4% increases recorded for ad spend over the past five years.

 

Trends in ad spend

 

 

But there is some hope. A recent report on the KPIs used by marketing showed that Marketers are using a variety of metrics to measure the impact of their brand marketing activities. (OnBrand Magazine study) In surveying more than 560 global brand managers and CMOs, the analysis concludes that new customer acquisition (75%) and social media engagement (72%) are the two primary ways they use to determine the success of their brand marketing efforts.

However, there is still a lot of room for improvement. A 2016 Spencer Stuart Survey shows data analysis and insights are one of the three main areas where CMOs need the most development as a leader. Unfortunately, they are also the skills which more than a half of them say are most difficult to find when building a team!

 

CMOs need more analytical skills

Marketing team skills needed

So if CMOs can’t develop insight about their customers, shouldn’t market research be more not less important to them? After all, it’s the one profession which spends its whole time trying to understand the market and customers. So what’s going wrong?

 

MARKET RESEARCH IS SEEN AS A COST, NOT AN INVESTMENT

Companies still need market research to understand their customers. Yes, there is a wealth of information flooding into organisations with the IoT, but those numbers don’t tell you their “why.” That’s where market research comes into its own. It needs to provide more “why” answers and not just the mere statistics they seem comfortable dropping on the laps of executives and marketers alike.

I believe that (a large?) part of the issue is also the researchers themselves. They’re not sociable, speak a language others don’t understand and seem afraid to voice their own opinion let alone make recommendations.

This was confirmed in The Vermeer Millward Brown Insights 2020 research. It clearly showed the advantages of a senior market research position at board level. But to get there, most researchers need new skills. The critical capabilities which were said to highlight the biggest differences between leaders and laggards were in business acumen, creative solution thinking, storytelling and direction setting.

It seems a real pity to me that the very people who should benefit from the explosion in data availability are not profiting from it. As if their needed skills are not enough, there is also a real opportunity for them to lead the customer first strategy in many organisations.

 

CUSTOMER SERVICES ARE SEEN AS COMPLAINT HANDLERS

When I was first hired to head up the global consumer excellence division for Nestle, I found a group of siloed departments which rarely shared information. Even worse, the customer care centre was seen as mere complaint handlers. Their image was of a group of women who spent their days on the phone talking to other women!

I don’t think Nestle were the only ones who had this negative image at that time. I still find similar perceptions in many organisations which thankfully become my clients through a desire to make changes.

You only have to take a look at companies which excel at customer care to realise the business benefits of putting the customer first: Amazon, Southwest, Zappos to name but a few.

An excellent article by Shep Hyken called “Ten customer service and customer experience trends for 2017” details the essentials of a forward-thinking customer-first strategy and what it means today. In it, he mentions that “According to Forrester, 72% of businesses say that improving the customer experience is their top priority. A study from NewVoiceMedia indicates that companies lose more than $62 billion due to poor customer service. No company can afford to be a customer service laggard.”

The Forrester report from which Shep quotes was from an ongoing analysis that has been run each year since 2010. Although it is a couple of years old now, the conclusions are still just as valid. The key findings from the 2016 report showed:

  • In all five sectors they covered, companies with higher customer experience (CX) scores outperformed their rivals in revenue growth
  • CX leaders showed an annual growth rate of 17% compared to just 3% for the others.
  • The cable and retail industries beat the field in CX by 24% and 26%, which is a huge boost to the bottom line.
  • Even in the sector with the smallest range (airlines), there was a 5% difference between companies.
  • This also translated into subscriber growth – in the cable industry leaders grew internet subscribers by 23.9% more than others and video subscribers by 13.9%

Along with the previously mentioned statistics, I can see no reason for a company not to invest in a customer-first strategy. If you can think of any yourself, then I’d love to hear them in the comments below.

 

IN CONCLUSION

So to answer the title of this article, a customer first strategy needs an organisation to recenter itself behind this company-wide objective. It can make a real difference in terms of both sales and profits to those who follow this direction. But it is essential to have executive support and true commitment from every employee to think customer first.
It will take skill upgrades for both marketing and market research departments to translate the data and information gathered into actionable insights. And it will mean every employee having the chance to get close up and personal with customers on a regular basis. This is the only way for them to understand the role they play in satisfying and delighting them.

 

Are you ready to adopt a customer-first strategy? If so, then it’s time to identify the priority changes needed through our proprietary C3C Evaluator tool. Complete it now and then book a free half-hour strategy session so we can go through the results together.

 

This post is based upon and is an updated version of one first published on C3Centricity in 2016.

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