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Danny Brown

Danny Brown

podcaster - author - creator

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common sense

Looking After Business and the Real Profit Makers

Business and profits

Business and profits

If I asked you the most important part of your business, what would you say? Marketing? PR? Perhaps advertising or sales?

Now what if I said they?re all irrelevant? What if I said you don?t need sales to be successful? You?d probably say (fairly sarcastically),??Why not just hand my business over to my competitors while I?m at it??.

And you?d be right ? if I were serious.

Of course PR, marketing, advertising and sales are relevant, and hugely important parts of your business. But they?re not the most important part.

?But they?re the ones that bring the customers and make money, and money equals profits!?you might say. And again, you?d be right. But take a look at that sentence again.

?Customers? make money and money equals profits.?

That?s?both?sets of customers, new?and?existing. So why are so many businesses concentrating on the new and forgetting about the existing? Is the mindset, ?Well, they?ve stuck with us so far, they must be happy?? If it is, be prepared for a wake-up call.

Just because a customer has stuck with you doesn?t mean they?re satisfied. They may be tied into a contract or they may feel it?s too much effort at the minute to find a new vendor. But satisfied? Not necessarily.

Be Vocal

Have you asked them lately how they?re feeling? Have you asked how you can improve your service (don?t fall into the trap that your service has reached its plateau ? nobody?s?thatgood)? You?do?have ways of asking these questions, don?t you? If you?re not sure, ask yourself the following:

  • Do you have a?customer feedback form?on your website?
  • Do you have a?proactive approach?at asking your customers what they?re thinking?
  • Do you collect your customer details and use that information to?personalize your relationship?
  • Do you have some form of?customer service performance?in place?

If you can?t answer ?Yes? to at least one of these questions, you might want to check and see how many of your customers have dropped off the radar in the last 3-6 months.

As important as your sales team is, or your marketing team, or your PR team or your advertising team ? as important as all these elements are to your business?s success, they all cost money.

Your customers, on the other hand? A happy customer is your sales, PR, marketing and advertising teams rolled into one. Your most loyal employee. Your most vocal supporter ? and they don?t take wages from you. So look after them.

Be Pro-Active

If you collect contact information, use it. Call your customer up and ask how they?re finding their time with you. Ask how you can improve and what you can do to make their lives easier when shopping with you.

Don?t collect information initially? Fine ? have a feedback form on your site and have that (or a customer feedback phone number) printed on your receipt. Encourage interaction and communication.

Or, if you have a Twitter account, for example, have ?Don?t forget to tweet about us on Twitter? printed on your receipt and then monitor your mentions. And this works both ways ? you can salvage a negative impression immediately or emphasize a positive one.

Start a forum on your website where customers can chat with each other about how you?re doing, and how you can improve. Involve your employees throughout the company on the forum, and talk to your customers like human beings instead of just sales figures. Sure, you can advise on what employee can say what, but at least offer the voice to open up to and converse with.

The key thing is, sales and marketing and the rest of the new business team is exactly that ? new business. And you absolutely need that. But you also need existing business to build on and let you have the means to go after the new. Your customers ? and by association, your customer service ? are the?real?profit makers.

Isn?t it about time you treated them accordingly?

image:?Nemo?s great uncle

It’s a Communications Business – Why Aren’t You Communicating?

Port-42I received a message from a friend today.

She told me that the company she works for were removing Instant Messaging (IM) access for all employees as of June 1st, ?due to employee abuse (they currently use IM as their internal communications platform).

What made it funny was that she used MSN Messenger to tell me ? you have to admire the irony.

Yet it then got me thinking. The company she works for is one of Canada?s largest business communication solution providers. They have approximately 6,000 employees and revenue of over $2 billion.

They service some of the most forward-thinking companies in North America today by providing some truly leading edge communication tools. So why so poor at internal communication?

I can see why they?d remove an external instant messaging service. Productivity could be impacted as well as there being security issues. But to not have any kind of internal messaging system apart from email? This doesn?t seem like effective business practice, particularly for one whose core business is in the business communications field.

It?s not as if there aren?t a host of options available.?Yammer is an excellent Twitter-like option that?s ideal for business use. There’s also?Jabber , which I used during my time at FedEx and again this was a great way of instant communication. These are just two ? there are many others offering even more solutions, like?Socialtext for example.

Email is a great tool, but in today?s business place it?s fast being superseded by instant messaging services. Faster response time, multiple users, less compatibility issues with networks ? these are just some of the key benefits of using IM.

For anyone not using some kind of IM service for their business, perhaps it’s about time you start, and look at the benefits. And for my friend?s company?

Perhaps you should communicate with each other as well as you do with your customers.

Creative Commons License photo credit:?Victor Bezrukov

Obviously…

A new study by the Institute of Marriage and Family Canada comes up with some amazing facts:

  • Teen girls who smoke marijuana are much more likely to be sexually active
  • Getting drunk more often correlates with an increased likelihood of sexual activity
Um… no shit, Sherlock. (To be fair, there’s also an alarming statistic about suicide).

Studies that report what we already know aren’t studies; they’re merely expensive validations of common sense. How about reporting what we don’t know? Or is that too much like common sense, too?

 

© 2026 Danny Brown - Made with ♥ on Genesis