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In today's highly competitive marketplace, consumers can choose from any number of competing sellers in order to get what they want. When you and your competitors offer the same quality product and rely on low prices, loss leaders, and special incentives to make the sale, the product becomes a mere commodity and price is all that matters. But, when you shift your focus away from the sale and toward the consumer experience, you change the playing field.
Far too often, consumer experiences are delivered short of expectations. With the heavy presence of social media in our lives today, there's big buzz about "engaging" the consumer. But, I don't think too many of us understand what that really means. Doc Searls in writing about “the intention economy”, suggests that buyers find sellers, as opposed to sellers capturing buyers. He also shows us that the seller must earn respect and trust, and that branding is only useful if it is based on truth. Sellers must focus first and foremost on building relationships with buyers. The sale is a by-product of this relationship.
Building successful relationships with consumers means becoming transparent and giving them more than they expect. Now, more than ever, we must be focused on the quality of the consumer experience in addition to the quality of our product and service. Relationship building goes much deeper than simply putting your best face forward. It goes deep into that all important courtship, and it takes a whole lot more than giving flowers and holding hands to grow a beautiful relationship. It takes trust. It takes passion. It takes creativity. It takes honesty.
The average consumer prefers recommendations from family and friends over advertising. And, according to a Forrester research study examining consumer trust with various forms of advertising, consumer opinions posted online scored higher than traditional marketing tactics. Social media has permeated our daily lives to the degree that buying decisions are often based on the recommendations from around the globe instead of merely across the dinner table. This is an opportunity to capitalize on the marketing holy grail: word-of-mouth. Unfortunately, many marketers go wrong by trying to manage word of mouth. You cannot manage word of mouth. You can create the right circumstances to encourage good word of mouth. That's all you can do.
The fact is that consumers can no longer be sold to. Whether you like it or not, they are in control of when and how they buy. They know what's going on in the marketplace and they come to you armed with product reviews and competitive offers. As a marketer, now is the time to reinvent your approach in order to win consumers and meet business goals.
The opportunity is right in front of you and the choice is yours… simply do your job and deliver what you're supposed to deliver, or rise above and beyond the call of duty by delivering something great. Something unexpected.
Far too often, consumer experiences are delivered short of expectations. With the heavy presence of social media in our lives today, there's big buzz about "engaging" the consumer. But, I don't think too many of us understand what that really means. Doc Searls in writing about “the intention economy”, suggests that buyers find sellers, as opposed to sellers capturing buyers. He also shows us that the seller must earn respect and trust, and that branding is only useful if it is based on truth. Sellers must focus first and foremost on building relationships with buyers. The sale is a by-product of this relationship.
Building successful relationships with consumers means becoming transparent and giving them more than they expect. Now, more than ever, we must be focused on the quality of the consumer experience in addition to the quality of our product and service. Relationship building goes much deeper than simply putting your best face forward. It goes deep into that all important courtship, and it takes a whole lot more than giving flowers and holding hands to grow a beautiful relationship. It takes trust. It takes passion. It takes creativity. It takes honesty.
The average consumer prefers recommendations from family and friends over advertising. And, according to a Forrester research study examining consumer trust with various forms of advertising, consumer opinions posted online scored higher than traditional marketing tactics. Social media has permeated our daily lives to the degree that buying decisions are often based on the recommendations from around the globe instead of merely across the dinner table. This is an opportunity to capitalize on the marketing holy grail: word-of-mouth. Unfortunately, many marketers go wrong by trying to manage word of mouth. You cannot manage word of mouth. You can create the right circumstances to encourage good word of mouth. That's all you can do.
The fact is that consumers can no longer be sold to. Whether you like it or not, they are in control of when and how they buy. They know what's going on in the marketplace and they come to you armed with product reviews and competitive offers. As a marketer, now is the time to reinvent your approach in order to win consumers and meet business goals.
The opportunity is right in front of you and the choice is yours… simply do your job and deliver what you're supposed to deliver, or rise above and beyond the call of duty by delivering something great. Something unexpected.