So, you think you know about loyalty? You've broken the bindings of some of the landmark books on the subject. You've memorized, and can recite to any senior executive in your organization, the statistics. A 5% improvement in customer retention rates will yield between 25 and 100% increase in profits.
Well, I'm here to tell you. You don't know jack. Randi, actually. You see Randi is my eight year old Golden Retriever. And last night, I messed up pretty badly. As a result, I got a sobering lesson in what loyalty really means. However sublime in its outward expression, loyalty should never be taken for granted. And only when tested, will its true value be understood.
I got home late with the family. The kids were asleep in the car. So, my focus was on getting them to bed. Upon entering the house, my three dogs - two Goldens and a Chihuahua who is new to the brood by about two weeks - ran past me out the door to do their thing. After settling the kids, I let the dogs back in and went to bed.
When I awoke this morning to let the dogs out, I was one short. I opened the garage door and in came Randi running towards me from outside. Apparently, in the confusion last night, I didn't make sure she was in the house. Rather than abandoning me or going out into the neighborhood to see what else was around, she dug herself a bed in my garden and waited right outside the door for me to find her. She greeted me with a prolonged tail-wagging, dancing, barking "hello". In her way, she was telling me "I knew you'd come for me. I knew you wouldn't forget about me. And, its o.k. I know you have a lot going on. I'll always be here for you"
So, the next time the economy turns down and you turn your focus internally to cost cutting instead of paying attention to your customers, remember that it's those customers that are silently waiting for you to come back; patiently anticipating your acknowledgement that are the real reason you exist as a business.
- Trending:
- C.S. trends
- big-name screwups
A [Customer] Loyalty Wake-Up Call
Other Posts by Barry Dalton
Trust and Customers - May 13, 2012
What Would Your Customer Service Reps Say? - April 14, 2012
"I Wanna Be Like Zappos!" - April 9, 2012
What's Your Customer Experience Wordle? - March 24, 2012
Its All Fun & Games - March 8, 2012
» Already a member? Login now to comment!
» Not a member? Register to comment!
bsdalton65 said:
John Paul, thanks for the comment. And I'm so glad the message came through in the context of this story. You know, I blogged about this about a year ago in a different context when I saw a headline "CEOs turing focus back to customers as economy rebounds". And my reaction was - "seriously?". So, you think because the macro environment is choppy, you can just abandon your customers, the reason you exist, and then just come back to them when you're ready and they'll be waiting there? Well, as we know, some of that behavior is not so sinister. It is driven by distructive external forces such as markets' focus on short term, quarterly results and paying the piper for irresponsible decisions when times were grand. Maybe someday we as business leaders will all learn that what goes up must come down. Hence the term "cyclical economy". If we get that and make better decisions in the good times, we won't have to open the garage door and hope that our customers are still ont he other side when we get our collective heads screwed on straight. thank you.John Paul said:
Man, Awesome story and so true.
When you treat your customers right they will follow you for ever, why more companies don't see the power in that is silly.
Something as simple as when I call companies sales department someone answer fast, yet when I call for help, I wait around for ever and all the time jumping thru computer hoops.
I get the focus is always on getting new customers, but at the same time, you need to appreciate and be available to the existing customers/referral machines you have.
Advertisement
- YOU
- Peter Auditore
- Dave Brock
- Jon Burg
- John Burton
- Robin Fray Carey
- Barry Dalton
- Vanessa DiMauro
- Frank Eliason
- Maggie Fox
- Max Gladwell
- Paul Greenberg
- Douglas Hanna
- Jesus Hoyos
- Shep Hyken
- Mark Johnson
- Esteban Kolsky
- Brent Leary
- Mitch Lieberman
- Pam Moore
- Jennifer Roberts
- Marc Sokol
- Brian Vellmure
- C.B. Whittemore
Becky Carroll is the President and Founder of Petra Consulting Group focused on WOW customer experiences. More »
John Hernandez is a Vice President and General Manager in Cisco's Enterprise, Commercial and Small Business Division. More »
Jesus Hoyos Jesús Hoyos is a CRM industry analyst, advisor, speaker, influencer and blogger for the Latin American region. More »
Esteban Kolsky is the Principal and Founder of ThinkJar, an advisory and research think-tank focused on Customer Strategies. More »
Brent Leary is Co-founder & Partner of CRM Essentials LLC, a CRM consulting/advisory firm focused on small and mid-size enterprises. More »
Alyson Stone is Manager of Customer Programs and Publications for Assistly. More »
Emily Yellin is an author, journalist, and contributor to the NY Times. More »
Loyalty World Mexico
When: Wed, 2012-05-16 08:00
The Australian Law Firm Social Media Best Practice Toolkit
When: Wed, 2012-05-16 08:21
Social Media Results Conference: Engage. Communicate. Measure. Profit.
When: Tue, 2012-05-22 08:30
Interactive Communication for the Transport Industry
When: Tue, 2012-07-10 08:23
INBOUND 2012
When: Mon, 2012-08-27 08:00
Excellence in Customer Service: Supporting Better Quality and Delivery of Service
When: Wed, 2012-09-26 08:00

About Social Media Today




