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Actual for You - Would You Like FRIES with That? Giving Customers What They Love
Unemployment Blues: Are We Pre-Programmed To Be Productive? w PC at the start of this year, I read a magazine review of a promising machine made by Evesham. PCs are assembled from many components (processor, RAM, graphics card, screen etc) and specifying one takes time and research. Evesham’s website makes it easy. There is a list of reviewed machines, which you can order as they are, or which you can use as the basis for changing specific components as you see fit. Simple and brilliant.Toiling away at our daily grind, we dream of running away to Hawaii or the South Pacific where we can lie on the beach and do absolutely nothing.Some of us are lucky enough to take a vacation there and temporarily cut ourselves off from the world of responsibilities and demands and worries. We breathe easier, sleep deeper, eat more heartily. It is truly paradise.It's wonderful because we have a life waiting to be reclaimed when we step off the plane. Our job is waiting for us and we go back to work with renewed energy and zest from our long overdue bre And what about your competitors? It's always worth buying from them (if it's straightforward to do so -- buying a bridge from a competing civil engineer might be going a bit far. Ditto mortgages from another bank. But you could certainly get the forms...). F What is a Payment System? It used to be hard to buy books from Foyles, the world-famous bookshop in London's Charing Cross Road. The building was a warren; the layout was haphazard; staff were hard to find. To buy a book, you had to queue twice -- once to pay and get a receipt from some hapless cashier in a barred cage, and a second time to collect your books. No fun at all.What is a payment system? I am reminded of lengthy debates around the office on just this question - and the heated and, at times, passionate discussion that ensued. My antagonist, who is also my partner, took one view and I took the other. The thrust and parry of the dialogue ebbed and flowed … long into the night over innumerable cups of coffee.The Bank for International Settlements (BIS) definition of a payment system states; “A payment system consists of a set of instruments, banking procedures and, typically, interbank funds transfer systems that ensure Nowadays, it's a different store. There are friendly staff, clear signs, lifts, air conditioning, author events, a jazz caf?, a helpful website, the works. It's a pleasure to shop there. Somewhere along the line, Foyles realised it had to offer FRIES to its customers. French fries? No -- ketchup and grease on the books would be a bad idea. I'm talking about FRIES, the hugely popular business acronym that I've just invented. F is for Friendliness. The simple act of smiling and being friendly towards customers makes an incredible difference. The world's friendliest man works in MVC, a record shop near where I live. You can't walk out not smiling. (By contrast, I always used to walk out fuming from the local branch of Dixons electrical store. Before it was shut down.) And it's not just people - marketing materials, shop fronts and websites can be friendly or hostile too. R is for Reassurance. When you invest in a one-off product or service, it really helps to have some sort of reassurance about what you’re getting. For example, one of my favourite business gurus is Robert Middleton, who helps independent professionals to market their business. When you buy his services, you can read testimonials, take advantage of his money-back guarantee, and get access to ongoing support. These are all great forms of reassurance. I is for Information. OK, we're all drowning in too much data. (My digital camera came with 13 leaflets!) But helpful and relevant information is always welcome. Buy a book from Harper Collins' Perennial imprint and you may well find a 16-page P.S. section at the back. There might be an author interview, a book-club guide, suggestions for further reading, and so on. Like DVD extras, the quality is variable, but when it works it's great. E is for Extras. It's nice to get more than you expected. When you sign up for an online bank account with Egg, you get an online money manager, which can keep track of all your accounts - even those with other banks and building societies. It also gives you one point of access to all of them. It's a fantastically useful service which really reinforces the benefit of opening an Egg account in the first place. S is for Simplicity. Some industries delight in making things complicated for their customers. (Mobile phones come to mind.) Go the other way – make it simple. When I needed a new PC at the start of this year, I read a magazine review of a promising machine made by Evesham. PCs are assembled from many components (processor, RAM, graphics card, screen etc) and specifying one takes time and research. Evesham’s website makes it easy. There is a list of reviewed machines, which you can order as they are, or which you can use as the basis for changing specific components as you see fit. Simple and brilliant. And what about your competitors? It's always worth buying from them (if it's straightforward to do so -- buying a bridge from a competing civil engineer might be going a bit far. Ditto mortgages from another bank. But you could certainly get the forms...). Fo How To Make Sure You Start Off On The Right Foot For Generating Truckloads Of Leads s would be a bad idea. I'm talking about FRIES, the hugely popular business acronym that I've just invented.To make sure that you are best prepared for getting an outrageous number of leads flooding to your business, you need to do some of your own homework first.A big part of getting truckloads of leads for your business is about being prepared and doing some initial upfront research. Without the research, you will be lost and you’ll be like the commander going into war not knowing anything about his enemy. And then your chance for success will be very much reduced.For example, listen to what Sun Tsu, the ancient commander, who defined modern day warfare mo F is for Friendliness. The simple act of smiling and being friendly towards customers makes an incredible difference. The world's friendliest man works in MVC, a record shop near where I live. You can't walk out not smiling. (By contrast, I always used to walk out fuming from the local branch of Dixons electrical store. Before it was shut down.) And it's not just people - marketing materials, shop fronts and websites can be friendly or hostile too. R is for Reassurance. When you invest in a one-off product or service, it really helps to have some sort of reassurance about what you’re getting. For example, one of my favourite business gurus is Robert Middleton, who helps independent professionals to market their business. When you buy his services, you can read testimonials, take advantage of his money-back guarantee, and get access to ongoing support. These are all great forms of reassurance. I is for Information. OK, we're all drowning in too much data. (My digital camera came with 13 leaflets!) But helpful and relevant information is always welcome. Buy a book from Harper Collins' Perennial imprint and you may well find a 16-page P.S. section at the back. There might be an author interview, a book-club guide, suggestions for further reading, and so on. Like DVD extras, the quality is variable, but when it works it's great. E is for Extras. It's nice to get more than you expected. When you sign up for an online bank account with Egg, you get an online money manager, which can keep track of all your accounts - even those with other banks and building societies. It also gives you one point of access to all of them. It's a fantastically useful service which really reinforces the benefit of opening an Egg account in the first place. S is for Simplicity. Some industries delight in making things complicated for their customers. (Mobile phones come to mind.) Go the other way – make it simple. When I needed a new PC at the start of this year, I read a magazine review of a promising machine made by Evesham. PCs are assembled from many components (processor, RAM, graphics card, screen etc) and specifying one takes time and research. Evesham’s website makes it easy. There is a list of reviewed machines, which you can order as they are, or which you can use as the basis for changing specific components as you see fit. Simple and brilliant. And what about your competitors? It's always worth buying from them (if it's straightforward to do so -- buying a bridge from a competing civil engineer might be going a bit far. Ditto mortgages from another bank. But you could certainly get the forms...). F The Generalist vs The Specialists nce about what you’re getting. For example, one of my favourite business gurus is Robert Middleton, who helps independent professionals to market their business. When you buy his services, you can read testimonials, take advantage of his money-back guarantee, and get access to ongoing support. These are all great forms of reassurance.Once upon a time there were three businesses. They sold the same types of products in the same geographic area. But there were big differences in the way they presented themselves to their prospects.One positioned himself as the “high price / high quality / high personal service” vendor. His company became known as the expert in the selected market niche of satisfying customers who liked feeling extra-special and were willing to pay for it. He dominated that portion of the marketplace while repelling the customer who was looking for bargains.The se I is for Information. OK, we're all drowning in too much data. (My digital camera came with 13 leaflets!) But helpful and relevant information is always welcome. Buy a book from Harper Collins' Perennial imprint and you may well find a 16-page P.S. section at the back. There might be an author interview, a book-club guide, suggestions for further reading, and so on. Like DVD extras, the quality is variable, but when it works it's great. E is for Extras. It's nice to get more than you expected. When you sign up for an online bank account with Egg, you get an online money manager, which can keep track of all your accounts - even those with other banks and building societies. It also gives you one point of access to all of them. It's a fantastically useful service which really reinforces the benefit of opening an Egg account in the first place. S is for Simplicity. Some industries delight in making things complicated for their customers. (Mobile phones come to mind.) Go the other way – make it simple. When I needed a new PC at the start of this year, I read a magazine review of a promising machine made by Evesham. PCs are assembled from many components (processor, RAM, graphics card, screen etc) and specifying one takes time and research. Evesham’s website makes it easy. There is a list of reviewed machines, which you can order as they are, or which you can use as the basis for changing specific components as you see fit. Simple and brilliant. And what about your competitors? It's always worth buying from them (if it's straightforward to do so -- buying a bridge from a competing civil engineer might be going a bit far. Ditto mortgages from another bank. But you could certainly get the forms...). F Manage Your Personal Brand ng, and so on. Like DVD extras, the quality is variable, but when it works it's great.A brand is the perception of a product or service in the mind of the consumer. Believe it or not, we all have our own personal brands. Each of our “target audiences” has a perception of us. Sometimes this perception is exactly what we want it to be and sometimes, it is dramatically different.Companies take great care, and spend millions upon millions of dollars, to influence the perception of their target audience. They conduct sophisticated research studies and test and retest all forms of marketing communications. They craft exactly the right message and pr E is for Extras. It's nice to get more than you expected. When you sign up for an online bank account with Egg, you get an online money manager, which can keep track of all your accounts - even those with other banks and building societies. It also gives you one point of access to all of them. It's a fantastically useful service which really reinforces the benefit of opening an Egg account in the first place. S is for Simplicity. Some industries delight in making things complicated for their customers. (Mobile phones come to mind.) Go the other way – make it simple. When I needed a new PC at the start of this year, I read a magazine review of a promising machine made by Evesham. PCs are assembled from many components (processor, RAM, graphics card, screen etc) and specifying one takes time and research. Evesham’s website makes it easy. There is a list of reviewed machines, which you can order as they are, or which you can use as the basis for changing specific components as you see fit. Simple and brilliant. And what about your competitors? It's always worth buying from them (if it's straightforward to do so -- buying a bridge from a competing civil engineer might be going a bit far. Ditto mortgages from another bank. But you could certainly get the forms...). F Customer Service Week - Wear Red Pants! w PC at the start of this year, I read a magazine review of a promising machine made by Evesham. PCs are assembled from many components (processor, RAM, graphics card, screen etc) and specifying one takes time and research. Evesham’s website makes it easy. There is a list of reviewed machines, which you can order as they are, or which you can use as the basis for changing specific components as you see fit. Simple and brilliant.Why?Why should you bother?A couple of little business statistics have stayed firmly in my business thoughts ever since I came across them almost 10 years ago.1. A 5% improvement in customer retention could add between 25% and 125% to your bottom line.2. Companies with good service records grow twice as fast as those with poor service records.WOW!What an opportunity!No expensive marketing. No gimmicks. Just give good service and watch your profits grow.How?Firstly, involve your people. And what about your competitors? It's always worth buying from them (if it's straightforward to do so -- buying a bridge from a competing civil engineer might be going a bit far. Ditto mortgages from another bank. But you could certainly get the forms...). For one thing, you can get ideas from taking their products or services to pieces. But also concentrate on the buying experience. Did you get FRIES with it? All of this is obvious, but businesses don't DO it. Knowing that something's important is not the same as acting on it -- the mere knowledge is not enough. So here's a challenge for you. Everybody loves FRIES. So what could you do to make it easier and more pleasurable for your customers, consumers or clients to buy from you? © 2005 Charles Kingsmill. You are free to use material from this article in whole or in part, as long as you include complete attribution, including live web site link. Please also notify Charles Kingsmill where the material will appear. The attribution should read: "By Charles Kingsmill. Please visit Charles’s web site at http://www.StrategyXL5.com for additional information and resources on growing your business." (Make sure the link is live if placed in an eZine or in a web site.)
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