Persuasive Concepts, LLC
Why Relationships Matter And ROI Doesn't
We live in a society that puts the dollar above the customer. That is, corners are cut and customer service is subservient to getting "paid." Don't get me wrong, I like getting paid as much as the next person but too many times we question the return before we implement any kind of customer service process that influences both repeat business and word-of-mouth.
Albert Einstein said it best when he said, "Everything that can be counted doesn't necessarily count; everything that counts cannot necessarily be counted."
I recently wrote a post called, Forget About ROI, Start Think About ROE. In that post I put forth the idea of thinking in terms of Return On Experience, in other words, the return you receive on the experience you give your customers. I had somebody tweet me saying that I was naive and misguided if I thought ROI wasn't important. He missed the point. I'm not saying that ROI isn't important, because it is. What I am saying is that being able to track an ROI isn't important on some of the things that we know we should be doing. That takes me back to what Einstein said, "...everything that counts cannon necessarily be counted."
While there are ways to track a repeat customer and word-of-mouth, it's not always straight forward. I don't think anybody would argue that customer service goes a long way to determining if a particular customer is going to become a loyal customer or not. We've all been subject to poor customer service and thought to ourselves, "I'm never coming back here again!" The opposite is also true.
Again, you may not be able to figure out what the cost to income ratio is of good customer service, we know it's there. So, when it comes to relationships, they matter and ROI doesn't.
Building A Positive Relationship With Your Customers
Depending on what type of business you're in, the depth of your customer relationships will vary. I'm not putting forth the idea that you should become buddy-buddy with all of your customers to the point that you're hanging out with them on the weekends. What I'm saying is that you should build the type of professional relationship that showcases you as the authority, the go to restaurant, or the honest mechanic. What does that mean? It means that you should give great customer service, that you should enchant your customers to the point that, at least in their minds, that you are the best thing since the Internet.
From there, once they are enchanted, follow-up to cement yourself as the business of choice. Let me give you a hypothetical scenario using a barber shop.
I go in to get my hair cut, walk up to the counter and am told there will be a 45 or so minute wait. The gentleman behind the counter offers me a coupon saying, "If you'd like to, the coffee shop next door has some of the best coffee in town, here is a coupon for a free cup. I can give you a buzz on your cell when your barber is ready."
I take the coupon, and in 30 minutes I get a call from my barber letting me know that I'm up next. Once I get back to the barber shop my barber welcomes me by name, and asks me if I want the same "regular" haircut, tapered in the back, as I got last time. I mention that I would and then he asks me if the shampoo he recommended had cleared up my dry scalp.
I tell him that it had and then he strikes up a pleasant conversation about me. He shows a genuine interest in what I do, even mentions that he knows somebody that might be in the market for my services and asks for a business card. I give it to him, but instead of sticking it in his pocket he picks up the phone and two minutes later tells me that his friend will be expecting my call.
After he ensures that everything is just how I like it he tells me how much he appreciates my business and how much he enjoys it when I come in. 20 minutes after leaving I get an email from him, with the phone number of his friend along with a few tips on how to combat dry scalp.
How would that make you feel? He didn't spend any money, but he did go above what I'd expect from the person cutting my hair. Even the conversation was about me (everybody's favorite conversation is about themselves), and not about the weather (what most barbers talks about).
What is the ROI on that? Can it even be tracked? Do you even need to track it? I don't think so, because once again, relationships matter and ROI doesn't.
So, don't let the fact that it can't be counted stop you from implementing a customer enchantment methodology into your everyday business practice. Just know that the return will be huge, even if you can't prove it. Remember, people talk. Give them something positive to talk about and they will talk about you, influencing others to become your customer. That's how you create a lifelong customer that creates other lifelong customers.
How are you enchanting yours?
I'll be speaking at the Automotive Super Conference on June 27th and 28th with 8 amazing speakers. Looking forward to seeing you there!
Persuasive Concepts, LLC
Why Relationships Matter And ROI Doesn't
We live in a society that puts the dollar above the customer. That is, corners are cut and customer service is subservient to getting "paid." Don't get me wrong, I like getting paid as much as the next person but too many times we question the return before we implement any kind of customer service process that influences both repeat business and word-of-mouth.
Albert Einstein said it best when he said, "Everything that can be counted doesn't necessarily count; everything that counts cannot necessarily be counted."
I recently wrote a post called, Forget About ROI, Start Think About ROE. In that post I put forth the idea of thinking in terms of Return On Experience, in other words, the return you receive on the experience you give your customers. I had somebody tweet me saying that I was naive and misguided if I thought ROI wasn't important. He missed the point. I'm not saying that ROI isn't important, because it is. What I am saying is that being able to track an ROI isn't important on some of the things that we know we should be doing. That takes me back to what Einstein said, "...everything that counts cannon necessarily be counted."
While there are ways to track a repeat customer and word-of-mouth, it's not always straight forward. I don't think anybody would argue that customer service goes a long way to determining if a particular customer is going to become a loyal customer or not. We've all been subject to poor customer service and thought to ourselves, "I'm never coming back here again!" The opposite is also true.
Again, you may not be able to figure out what the cost to income ratio is of good customer service, we know it's there. So, when it comes to relationships, they matter and ROI doesn't.
Building A Positive Relationship With Your Customers
Depending on what type of business you're in, the depth of your customer relationships will vary. I'm not putting forth the idea that you should become buddy-buddy with all of your customers to the point that you're hanging out with them on the weekends. What I'm saying is that you should build the type of professional relationship that showcases you as the authority, the go to restaurant, or the honest mechanic. What does that mean? It means that you should give great customer service, that you should enchant your customers to the point that, at least in their minds, that you are the best thing since the Internet.
From there, once they are enchanted, follow-up to cement yourself as the business of choice. Let me give you a hypothetical scenario using a barber shop.
I go in to get my hair cut, walk up to the counter and am told there will be a 45 or so minute wait. The gentleman behind the counter offers me a coupon saying, "If you'd like to, the coffee shop next door has some of the best coffee in town, here is a coupon for a free cup. I can give you a buzz on your cell when your barber is ready."
I take the coupon, and in 30 minutes I get a call from my barber letting me know that I'm up next. Once I get back to the barber shop my barber welcomes me by name, and asks me if I want the same "regular" haircut, tapered in the back, as I got last time. I mention that I would and then he asks me if the shampoo he recommended had cleared up my dry scalp.
I tell him that it had and then he strikes up a pleasant conversation about me. He shows a genuine interest in what I do, even mentions that he knows somebody that might be in the market for my services and asks for a business card. I give it to him, but instead of sticking it in his pocket he picks up the phone and two minutes later tells me that his friend will be expecting my call.
After he ensures that everything is just how I like it he tells me how much he appreciates my business and how much he enjoys it when I come in. 20 minutes after leaving I get an email from him, with the phone number of his friend along with a few tips on how to combat dry scalp.
How would that make you feel? He didn't spend any money, but he did go above what I'd expect from the person cutting my hair. Even the conversation was about me (everybody's favorite conversation is about themselves), and not about the weather (what most barbers talks about).
What is the ROI on that? Can it even be tracked? Do you even need to track it? I don't think so, because once again, relationships matter and ROI doesn't.
So, don't let the fact that it can't be counted stop you from implementing a customer enchantment methodology into your everyday business practice. Just know that the return will be huge, even if you can't prove it. Remember, people talk. Give them something positive to talk about and they will talk about you, influencing others to become your customer. That's how you create a lifelong customer that creates other lifelong customers.
How are you enchanting yours?
I'll be speaking at the Automotive Super Conference on June 27th and 28th with 8 amazing speakers. Looking forward to seeing you there!
No Comments
Persuasive Concepts, LLC
Forget ROI, What Is Your ROE?
Word-of-mouth is gold and social media is the vessel we use to promote it, but how exactly is it accomplished? As businesses we are always looking for ways to lower the cost of acquiring new customers. It's simple economics, the lower the acquisition cost the more sales (and money) we make...simple right? Not exactly, as with most things it's easier said than done but if you make it part of your daily customer/employee interaction to give your customers something positive to talk about you go a long way to influencing a higher rate of word-of-mouth, let's call it your ROE or Return On Experience.
In this post I'm going to throw out some radical ideas. Radical ideas that, at first, you will discount as being just that, radical. Then these ideas will start to work on you as you mull them over in your mind, more than likely you will talk with your spouse about them or maybe a co-worker asking yourself and them what if? What if you did try what I'm about to suggest, what would happen? Would it produce rapid word-of-mouth, would it reduce your cost per customer, would it create you more sales? The answer to all of those questions, of course, is yes but I understand that there will be a certain amount of skepticism involved but as you will soon find out, the logic is iron clad.
Customer Experience
I've brought this up before but I thought it important enough to bring it up here again and that is: it's the difference between what people expect and the actual level of customer service received that will dictate whether or not a person will talk about how their business with you went. Of course it goes without saying that if you fail to meet those expectations the word-of-mouth will be negative but if you exceed them, well ...all sorts of magical things start to happen, such as repeat and referral business!
The idea is to go so above and beyond what the customer expects that you earn massive amounts of exposure on the level of Return on Experience (ROE) you receive from shocking your customers with your level of customer service. In fact, I don't want you to think about it as "customer service" at all, instead think of it as:
Customer Enchantment
It might just be me but when I think of the term customer service I think about doing all the things that I'm supposed to do such as be helpful and friendly but when I think in terms of customer enchantment I think on a much, MUCH grander scale. In other words I don't want you to think about how you can give good customer service, I want you to think in terms of "how can I enchant my customers?"
Enchantment: (en·chant·ment ) Captivation: a feeling of great liking for something wonderful and unusual.
Before I get into some ideas of what I mean I feel it's important to remind you about the story of the boy and the starfish. You know the one, the one where there are thousands of starfish beached upon the sands where a little boy, one-by-one, is throwing the starfish back into the water. When asked why he's even bothering when there are too many to make a difference, the little boy replied after throwing a starfish back in the water, "It mattered to that one."
I bring up that story because I understand that what I'm about to propose would be impossible to do with every customer, of course you wouldn't want to do what I'm about to propose with every customer anyway because then it would become expected and the whole idea is to go beyond what is expected. Another thing to keep in mind is that you are trying to work your way into your customers social graph (both online and off), or at least become a conversation within it. By influencing your customers to say positive things about you, you in effect create customer that create other customers, thus reducing your customer acquisition cost theoretically in half.
Scenario #1 Let's say you have a customer come in to your dealership to purchase a vehicle for his daughters 16th birthday. He of course is excited but you decide to take things to the next level by getting the car wrapped for him, complete with a big bow on top. But you don't stop there because you really want to enchant your customer so you then give to his daughter a year's worth of free oil changes, 5 complete details and a $150 gas card.
Scenario #2 A customer drops off her car for an oil change and you learn that she is due to give birth to a baby boy in two weeks so you decide to go shopping for her. You buy her some baby related items, maybe a diaper bag and diapers, maybe some baby clothes or baby blankets. While talking with her you learn that she is in need of a car seat or maybe even a stroller so you picked one of those up for her as well and put them in her car for when she comes back to pick it up.
Scenario #3 You learn that one of your customers has had a death in the family so you send a big bunch of flowers to their house, along with a gift certificate for a free house cleaning and yard maintenance with a hand written card that says, "It's always tough losing a loved one and we understand that there are always too many things to worry about during times like these. Attached you will find a gift certificate for free house cleaning and yard maintenance, two less things that you have to worry about. We truly are sorry for your loss."
Do you get what I mean when I say customer enchantment? I sure hope so because by doing things such as the three scenarios above you go a long way to influencing word-of-mouth. Think about what will happen once the word gets out about the things you are doing for your customers and it will get out. In fact your customers will find a way to bring up the amazing things you did both in person and all over Facebook (and Twitter, MySpace, and others) any and every chance they get. They will happily do this because you made a difference in their lives and did something they would NEVER have expected. You now have a customer and a word-of-mouth generating machine for life.
Another Crazy idea
What if you empowered your employees to do this sort of thing. Maybe create an enchantment budget, think of it as advertisement if you have to but by allowing your employees to get creative with customer enchantment and then giving them the means by which to do so you are creating an environment that creates rampant word-of-mouth.
What ideas do you have when it comes to creating customer enchantment, how can you increase your ROE?
No Comments
Persuasive Concepts, LLC
Forget ROI, What Is Your ROE?
Word-of-mouth is gold and social media is the vessel we use to promote it, but how exactly is it accomplished? As businesses we are always looking for ways to lower the cost of acquiring new customers. It's simple economics, the lower the acquisition cost the more sales (and money) we make...simple right? Not exactly, as with most things it's easier said than done but if you make it part of your daily customer/employee interaction to give your customers something positive to talk about you go a long way to influencing a higher rate of word-of-mouth, let's call it your ROE or Return On Experience.
In this post I'm going to throw out some radical ideas. Radical ideas that, at first, you will discount as being just that, radical. Then these ideas will start to work on you as you mull them over in your mind, more than likely you will talk with your spouse about them or maybe a co-worker asking yourself and them what if? What if you did try what I'm about to suggest, what would happen? Would it produce rapid word-of-mouth, would it reduce your cost per customer, would it create you more sales? The answer to all of those questions, of course, is yes but I understand that there will be a certain amount of skepticism involved but as you will soon find out, the logic is iron clad.
Customer Experience
I've brought this up before but I thought it important enough to bring it up here again and that is: it's the difference between what people expect and the actual level of customer service received that will dictate whether or not a person will talk about how their business with you went. Of course it goes without saying that if you fail to meet those expectations the word-of-mouth will be negative but if you exceed them, well ...all sorts of magical things start to happen, such as repeat and referral business!
The idea is to go so above and beyond what the customer expects that you earn massive amounts of exposure on the level of Return on Experience (ROE) you receive from shocking your customers with your level of customer service. In fact, I don't want you to think about it as "customer service" at all, instead think of it as:
Customer Enchantment
It might just be me but when I think of the term customer service I think about doing all the things that I'm supposed to do such as be helpful and friendly but when I think in terms of customer enchantment I think on a much, MUCH grander scale. In other words I don't want you to think about how you can give good customer service, I want you to think in terms of "how can I enchant my customers?"
Enchantment: (en·chant·ment ) Captivation: a feeling of great liking for something wonderful and unusual.
Before I get into some ideas of what I mean I feel it's important to remind you about the story of the boy and the starfish. You know the one, the one where there are thousands of starfish beached upon the sands where a little boy, one-by-one, is throwing the starfish back into the water. When asked why he's even bothering when there are too many to make a difference, the little boy replied after throwing a starfish back in the water, "It mattered to that one."
I bring up that story because I understand that what I'm about to propose would be impossible to do with every customer, of course you wouldn't want to do what I'm about to propose with every customer anyway because then it would become expected and the whole idea is to go beyond what is expected. Another thing to keep in mind is that you are trying to work your way into your customers social graph (both online and off), or at least become a conversation within it. By influencing your customers to say positive things about you, you in effect create customer that create other customers, thus reducing your customer acquisition cost theoretically in half.
Scenario #1 Let's say you have a customer come in to your dealership to purchase a vehicle for his daughters 16th birthday. He of course is excited but you decide to take things to the next level by getting the car wrapped for him, complete with a big bow on top. But you don't stop there because you really want to enchant your customer so you then give to his daughter a year's worth of free oil changes, 5 complete details and a $150 gas card.
Scenario #2 A customer drops off her car for an oil change and you learn that she is due to give birth to a baby boy in two weeks so you decide to go shopping for her. You buy her some baby related items, maybe a diaper bag and diapers, maybe some baby clothes or baby blankets. While talking with her you learn that she is in need of a car seat or maybe even a stroller so you picked one of those up for her as well and put them in her car for when she comes back to pick it up.
Scenario #3 You learn that one of your customers has had a death in the family so you send a big bunch of flowers to their house, along with a gift certificate for a free house cleaning and yard maintenance with a hand written card that says, "It's always tough losing a loved one and we understand that there are always too many things to worry about during times like these. Attached you will find a gift certificate for free house cleaning and yard maintenance, two less things that you have to worry about. We truly are sorry for your loss."
Do you get what I mean when I say customer enchantment? I sure hope so because by doing things such as the three scenarios above you go a long way to influencing word-of-mouth. Think about what will happen once the word gets out about the things you are doing for your customers and it will get out. In fact your customers will find a way to bring up the amazing things you did both in person and all over Facebook (and Twitter, MySpace, and others) any and every chance they get. They will happily do this because you made a difference in their lives and did something they would NEVER have expected. You now have a customer and a word-of-mouth generating machine for life.
Another Crazy idea
What if you empowered your employees to do this sort of thing. Maybe create an enchantment budget, think of it as advertisement if you have to but by allowing your employees to get creative with customer enchantment and then giving them the means by which to do so you are creating an environment that creates rampant word-of-mouth.
What ideas do you have when it comes to creating customer enchantment, how can you increase your ROE?
No Comments
Persuasive Concepts, LLC
5 Things The Rose Can Teach Us About Social Media
What's in a name? That which we call a rose by any other name would smell as sweet.
The rose, the symbol of love, beauty and romance can teach us a thing or five about social media. I bet you never looked at a rose and thought, wow rose that's deep. But in this post I am going to share with you five insights that the rose has taught me about social media, what can you add?
Influence Word-of-Mouth, BE The Reason Why
In order to flourish, reproduce and keep its genetic code alive the rose must rely on others, such as the bumblebee, to help with fertilization. In fact the rose, like most other flowers, have only one purpose -- to reproduce the plant. In other words, the only reason the rose exists in the first place is to attract attention, which is does through the production of pollen, its sweet smell and beautiful color.
What does that teach you about social media? As an example think of your company blog, its only in existence to attract people, maybe it doesn't smell all that great but it has other things going for it, like valuable content, specific keywords and calls to action. If done correctly others will link to it and spread what you share around (think bumblebee) so that others will become influenced by it and either keep sharing or make a purchase from you.
Bring Forth Great Discoveries, BE A Thought Leader
Columbus’ crew picked a rose branch out of the ocean on October 11, 1492. This signaled the presence of land. The very next day, Columbus discovered America.
Be a thought leader. Showcase your expertise and professionalism by bringing ideas to the market that others don't. By proving you're the expert and always staying ahead of your competition you go a long way to developing a strong personal brand. And of course a strong personal brand goes a long way to creating inbound leads.
Protect Yourself Online, Manage Your Reputation
Mythology says that roses grew thorns when Cupid accidentally shot an arrow into a rose garden.
People say things, sometimes mean things online, about their business with you, about how they were treated or about the deal they got, are you listening? I'm not saying that you should grow thorns and fight back but you should do something about it, don't just sit around acting like it isn't happening. Do what it takes to monitor what is being said and take the steps necessary to correct it and make sure that processes are put into place to ensure that it doesn't happen again. Keep in mind that what is being said, especially the bad, is a great way to make your customer experiences even better!
Be Likable
In a recent survey it was found that the rose is the favorite flower of 85% of the Americans. Be like the rose, be likable.
Let people get to know you so that they can get to liking you. The main different between traditional marketing and social marketing is that traditional marketing is all about marketing the business while social marketing is all about marketing the people OF the business.
Without showing your personality and letting people know you, then you aren't utilizing social media the way it was meant to be. Don't be all business, get a little personal and let people know the real you.
Stay Relevant
The world's oldest living rose is believed to be 1,000 years old and it grows on the wall of the Cathedral of Hildesheim in Germany. Think about that a moment, over a 1,000 years old... a rose! That means generation after generation of people had to find that rose plant relevant enough to just let it grow, century after century.
The technology behind social media is always changing, in fact its only constant is the fact that it changes! Be sure that you stay up to date with what your customers want, don't let their desires or the technology pass you by. The auto industry is a notoriously late adopter of any new technology, they like to take the wait and see approach and while that isn't always a bad thing take a close look at what's going on and decide if it costs more to do nothing that it does to do something. Be like the rose, always stay relevant no matter what happens around you.
David Johnson
Digital Marketing Strategist
PersuasiveConcepts.com
No Comments
Persuasive Concepts, LLC
5 Things The Rose Can Teach Us About Social Media
What's in a name? That which we call a rose by any other name would smell as sweet.
The rose, the symbol of love, beauty and romance can teach us a thing or five about social media. I bet you never looked at a rose and thought, wow rose that's deep. But in this post I am going to share with you five insights that the rose has taught me about social media, what can you add?
Influence Word-of-Mouth, BE The Reason Why
In order to flourish, reproduce and keep its genetic code alive the rose must rely on others, such as the bumblebee, to help with fertilization. In fact the rose, like most other flowers, have only one purpose -- to reproduce the plant. In other words, the only reason the rose exists in the first place is to attract attention, which is does through the production of pollen, its sweet smell and beautiful color.
What does that teach you about social media? As an example think of your company blog, its only in existence to attract people, maybe it doesn't smell all that great but it has other things going for it, like valuable content, specific keywords and calls to action. If done correctly others will link to it and spread what you share around (think bumblebee) so that others will become influenced by it and either keep sharing or make a purchase from you.
Bring Forth Great Discoveries, BE A Thought Leader
Columbus’ crew picked a rose branch out of the ocean on October 11, 1492. This signaled the presence of land. The very next day, Columbus discovered America.
Be a thought leader. Showcase your expertise and professionalism by bringing ideas to the market that others don't. By proving you're the expert and always staying ahead of your competition you go a long way to developing a strong personal brand. And of course a strong personal brand goes a long way to creating inbound leads.
Protect Yourself Online, Manage Your Reputation
Mythology says that roses grew thorns when Cupid accidentally shot an arrow into a rose garden.
People say things, sometimes mean things online, about their business with you, about how they were treated or about the deal they got, are you listening? I'm not saying that you should grow thorns and fight back but you should do something about it, don't just sit around acting like it isn't happening. Do what it takes to monitor what is being said and take the steps necessary to correct it and make sure that processes are put into place to ensure that it doesn't happen again. Keep in mind that what is being said, especially the bad, is a great way to make your customer experiences even better!
Be Likable
In a recent survey it was found that the rose is the favorite flower of 85% of the Americans. Be like the rose, be likable.
Let people get to know you so that they can get to liking you. The main different between traditional marketing and social marketing is that traditional marketing is all about marketing the business while social marketing is all about marketing the people OF the business.
Without showing your personality and letting people know you, then you aren't utilizing social media the way it was meant to be. Don't be all business, get a little personal and let people know the real you.
Stay Relevant
The world's oldest living rose is believed to be 1,000 years old and it grows on the wall of the Cathedral of Hildesheim in Germany. Think about that a moment, over a 1,000 years old... a rose! That means generation after generation of people had to find that rose plant relevant enough to just let it grow, century after century.
The technology behind social media is always changing, in fact its only constant is the fact that it changes! Be sure that you stay up to date with what your customers want, don't let their desires or the technology pass you by. The auto industry is a notoriously late adopter of any new technology, they like to take the wait and see approach and while that isn't always a bad thing take a close look at what's going on and decide if it costs more to do nothing that it does to do something. Be like the rose, always stay relevant no matter what happens around you.
David Johnson
Digital Marketing Strategist
PersuasiveConcepts.com
No Comments
Persuasive Concepts, LLC
Podcast: LinkedIn- Harnessing The Power Of The Super Influencer
LinkedIn is a powerful tool to connect with super influence in your community, are you using it? Welcome to the 4th episode of Automotive Social Media – The Podcast! In this episode I will share with you the tips and tricks of LinkedIn and how you can connect with the super influencers in your market. If you’re not using LinkedIn with you Automotive Social Marketing then you are missing out. Keep in mind that if you are a sales person, you don’t have to wait till your dealership says its mandatory, start now, take your future into your own hands!
If you would like to listen to the rest of the "Automotive Social Media - The Podcast" you can do so at Persuasive Concepts.
No Comments
Persuasive Concepts, LLC
Podcast: LinkedIn- Harnessing The Power Of The Super Influencer
LinkedIn is a powerful tool to connect with super influence in your community, are you using it? Welcome to the 4th episode of Automotive Social Media – The Podcast! In this episode I will share with you the tips and tricks of LinkedIn and how you can connect with the super influencers in your market. If you’re not using LinkedIn with you Automotive Social Marketing then you are missing out. Keep in mind that if you are a sales person, you don’t have to wait till your dealership says its mandatory, start now, take your future into your own hands!
If you would like to listen to the rest of the "Automotive Social Media - The Podcast" you can do so at Persuasive Concepts.
No Comments
Persuasive Concepts, LLC
What Is Social Media Really, And How Can It Help My Dealership?
It's not the end all be all, that's for sure. What? But David I've been to one of your seminars, I've seen all your webinars and have read your blog posts, you're a social media guy... aren't you? In a sense you could make the argument that I am, I do preach it, I'm passionate about it and I feel that every dealership in the country can benefit from it to one degree or another but I would argue that I'm more than just a social media guy, allow me to explain.
Wikipedia says the social media is media for social interactions, using highly accessible and scalable publishing techniques. It goes on to say that social media uses web based technologies to turn communication into interactive dialogue.
Wha?
Basically social media is a tool. Nothing more, nothing less. And just like any tool there are both wrong ways and right ways to use it. So in other words I'm saying that the "tool" is not the end all be all, it's what that tool can help you accomplish that's the end all be all. Think about it, what's worth more, the hammer or the house it built? Rhetorical I know, but you get my meaning.
So What Does The Social Media Tool Build?
It builds the platform on which social interactions can be built. It's the coffee table we sit around as we get to know each other, it's the telephone held to our ears as we talk about the day's events, it's a communication channel. What are you using that channel for?
Some would say that it's used to sell, that it's another channel to get your vehicle seen. I would say the first part is closer than the second part but the kind of selling that should be done with the social media tool is much different than the kind of selling you're used to. Social media purists would argue that you don't sell on social networks and I would say that they are wrong... in a way. True were not selling products or services but what we are selling is ourselves. We are selling the fact that we are human, that we are more than car people, that we have thoughts outside of selling cars and that we want nothing more than to build positive, win-win relationships with our clients.
I talk to a lot of dealer principals, general managers and sales managers who don't seem to get what social media can do for them, they call it a fad. Fad you say? Networking has been around since the dawn of time, in fact the fancy word I used a few paragraphs up (social interactions) is just another word for networking, is networking a fad?
With social media tools you now have the option to networking with hundreds and thousands, even millions, whereas before you were lucky to network with 2 or 3 at a time. If you're one of those people that stay away from hype for the sake of it being hype then think of it this way: Social media is the tool used to humanize and build relationships with the people in my community, much like the newspaper, way back in the day, was used to sell cars.
Relationship Marketing Is The True Hero
If you haven't had a chance to read last week's blog post please take a moment to do so, it's titled "Harnessing The "Human" Mindset." In that post I go into the mindset behind why social networks are so popular and if you are able to harness the basic desires behind it you are well on your way to increasing your social capital.
Again we can go back to Wikipedia for the definition of relationship marketing: a form of marketing developed from direct response marketing campaigns which emphasizes customer retention and satisfaction, rather than a dominant focus on sales transactions. As a practice, Relationship Marketing differs from other forms of marketing in that it recognizes the long term value of customer relationships and extends communication beyond intrusive advertising and sales promotional messages.
Isn't that refreshing! With relationship marketing the pressure of the sale isn't even there, in fact we are doing what we're are hard wired to do, be social! With the onset of social media it's easier than ever to build relationships with our clients and indirectly relationships sell. Relationships get people to talk about your dealership and your sales people, isn't that what you want, word of mouth?
So I'll say it again, social media isn't the end all be all, but what it can help you accomplish...whoa! So, what are you waiting for, go forth and multiply... your networking that is.
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Persuasive Concepts, LLC
What Is Social Media Really, And How Can It Help My Dealership?
It's not the end all be all, that's for sure. What? But David I've been to one of your seminars, I've seen all your webinars and have read your blog posts, you're a social media guy... aren't you? In a sense you could make the argument that I am, I do preach it, I'm passionate about it and I feel that every dealership in the country can benefit from it to one degree or another but I would argue that I'm more than just a social media guy, allow me to explain.
Wikipedia says the social media is media for social interactions, using highly accessible and scalable publishing techniques. It goes on to say that social media uses web based technologies to turn communication into interactive dialogue.
Wha?
Basically social media is a tool. Nothing more, nothing less. And just like any tool there are both wrong ways and right ways to use it. So in other words I'm saying that the "tool" is not the end all be all, it's what that tool can help you accomplish that's the end all be all. Think about it, what's worth more, the hammer or the house it built? Rhetorical I know, but you get my meaning.
So What Does The Social Media Tool Build?
It builds the platform on which social interactions can be built. It's the coffee table we sit around as we get to know each other, it's the telephone held to our ears as we talk about the day's events, it's a communication channel. What are you using that channel for?
Some would say that it's used to sell, that it's another channel to get your vehicle seen. I would say the first part is closer than the second part but the kind of selling that should be done with the social media tool is much different than the kind of selling you're used to. Social media purists would argue that you don't sell on social networks and I would say that they are wrong... in a way. True were not selling products or services but what we are selling is ourselves. We are selling the fact that we are human, that we are more than car people, that we have thoughts outside of selling cars and that we want nothing more than to build positive, win-win relationships with our clients.
I talk to a lot of dealer principals, general managers and sales managers who don't seem to get what social media can do for them, they call it a fad. Fad you say? Networking has been around since the dawn of time, in fact the fancy word I used a few paragraphs up (social interactions) is just another word for networking, is networking a fad?
With social media tools you now have the option to networking with hundreds and thousands, even millions, whereas before you were lucky to network with 2 or 3 at a time. If you're one of those people that stay away from hype for the sake of it being hype then think of it this way: Social media is the tool used to humanize and build relationships with the people in my community, much like the newspaper, way back in the day, was used to sell cars.
Relationship Marketing Is The True Hero
If you haven't had a chance to read last week's blog post please take a moment to do so, it's titled "Harnessing The "Human" Mindset." In that post I go into the mindset behind why social networks are so popular and if you are able to harness the basic desires behind it you are well on your way to increasing your social capital.
Again we can go back to Wikipedia for the definition of relationship marketing: a form of marketing developed from direct response marketing campaigns which emphasizes customer retention and satisfaction, rather than a dominant focus on sales transactions. As a practice, Relationship Marketing differs from other forms of marketing in that it recognizes the long term value of customer relationships and extends communication beyond intrusive advertising and sales promotional messages.
Isn't that refreshing! With relationship marketing the pressure of the sale isn't even there, in fact we are doing what we're are hard wired to do, be social! With the onset of social media it's easier than ever to build relationships with our clients and indirectly relationships sell. Relationships get people to talk about your dealership and your sales people, isn't that what you want, word of mouth?
So I'll say it again, social media isn't the end all be all, but what it can help you accomplish...whoa! So, what are you waiting for, go forth and multiply... your networking that is.
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