Can Dog Breath Teach You About Creating Loyal Customers?

 

Happy Holidays! As 2012 comes to a close, I want to thank you for your support and friendship. Many of you have reached out to share your stories of success and disappointment. I have appreciated your honesty and hearing how you have overcome challenges throughout the year.

Can dog breath teach you about creating loyal customers (and I don’t mean the already-loyal, four-legged kind)? 

To find out, please read the article below.

Is your 2013 growth plan in place? If not, I have a special offer to help you create a plan. As part of my latest book, Lucky By Design, I created a 5-part webinar series where I walk you through the process of creating your Lucky By Design Roadmap (your growth plan).

The Webinar Series is on sale now (through the end of the year) for only $20.13 (that’s a 65% discount). Plus, if you haven’t purchased my book yet (or would like another copy), you can buy it for $10. Interested? Click here for more details!

Wishing you a joyous new year!

Beth

How Dog Breath Taught Me a Valuable Lesson About Creating Loyal Customers

If we’ve spent any time together, you know that I’m an ‘over the top’ dog fanatic. Our home boasts two, four-legged canines (Biscotti and Twizzler), and they delight us on a regular basis. So, you won’t be surprised that as critical members of our household, they are clearly the most spoiled in the family (yes, even more than my 2 teenagers!)

Last month one of my students sent me a link to a video related to dogs. Naturally,  I dropped everything else I was doing and clicked on the link. It featured a clip about Orapup, a tongue brush designed to help dogs (well, actually humans) manage dog bad breath problems. Let’s face it, the dogs don’t care that their breath stinks.

As you might guess, I purchased the Orapup for both of my pups and waited for shipment to arrive this month. Now, the product wasn’t actually ready – they were taking pre-orders. Since I love to support startups and it seemed legitimate, I figured I didn’t have much to lose. It’s not like the dogs would know that their Hanukkah presents arrived late (they are really bad at reading the calendar).

On Dec. 12 I received an email stating:

Beth,

I want to deliver a personal message about your Orapup Preorder Status in the video below.

Sincerely, Dr. Bob

Orapup

It turns out the factory didn’t deliver their mold on time so while Orapup had anticipated a December delivery, it was now going to be January before shipment arrived. Having spent many years working with manufacturers, this is not an uncommon challenge. But how they handled it was less common.

If you watch the video (click here or on the image above) you will see how they use self-effacing humor, provide real information and sincerely apologize for the delay…even offering money back to the >14,000 people who pre-ordered. Their video was short, engaging to watch and very real and honest. What more can you expect from a company? Assuming I like the results of the product (better dog breath), this is a company I am very likely to engage with in the future and recommend to friends/colleagues.  I’ve told you, right?

Let’s face it, mistakes happen, no matter how hard we work to prevent them. However, the true nature of a person and an organization can ALWAYS be measured by HOW they react to the mistake. Remember this the next time an error occurs – on your part or somebody else’s. Think of your reaction as an opportunity to demonstrate the beliefs and principals you adhere to in your company (and life). In addition, you will also learn a lot about a colleague, business or friend relevant to how THEY react to their own mistake. It will help you determine IF this is a person or organization with whom you want to engage in future endeavors.

Charles Darwin said:

It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.

As I await my order of Orapups, I wish you health, peace and happiness plus the ability to respond with dignity when needed. Please continue to stay in touch and share your stories with me. They provide me with great inspiration.  From my home to yours, happy holidays!

Beth, Ben & Jacqui
Beth, Ben, Jacqui, Biscotti & Twizzler

 

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24 Hours Until the Small Biz World Summit Begins: Tip of the Day

The Small Business World Summit starts tomorrow. 

 Keep Your Friends Close but Your Enemies Closer
 Beth Goldstein, Marketing Edge

Competition is not limited to companies that offer products or services exactly like yours. Companies compete on solutions and their value to customers. Therefore, competition is about fulfilling a need, not about offering an identical product or service. What needs do your products or services fulfill? How else can your current or potential customers have their needs met? What companies fulfill this need? You must continually assess companies that offer like solutions, ensuring you understand their value proposition and benefits to your customers. 

The Summit gives you the answers you need to take your business to the next level – FAST! We answer your questions about marketing, sales, building online customer communities, cash flow, leadership, HR, and other challenges that you face every day.

Plus, it’s completely free to watch starting tomorrow and throughout all of Small Business Saturday Weekend (Nov 23 – 26).

Click here to learn more and to register!

2 Days Until the Small Biz World Summit Begins: Tip of the Day

 TIP OF THE DAY:  Continually Check-In With Customers
Beth Goldstein, Marketing Edge

The Small Business World Summit begins in 48 hours! TODAY IS YOUR LAST DAY TO Pre-register and get the Small Business Growth Package worth $149 –  FREE!

There are many variables that influence customers’ needs and you must be aware of current as well as future ones if you are to grow your business. Even if you’ve been in business for a significant number of years, it’s critical that you constantly check in with your customers to see how their needs have changed over time. Simply take the time to step back and look at your business objectively. Force yourself to ask your customers questions about their needs, even if you are 100% convinced that you know the answers. Some of the responses might surprise you.

The Summit gives you the answers you need to take your business to the next level – FAST! We answer your questions about marketing, sales, building online customer communities, cash flow, leadership, HR, and other challenges that you face every day.

Plus, it’s completely free to watch during Small Business Saturday Weekend (Nov 23 – 26).

Click here to learn more and to pre-register!. Plus, when you pre-register you will get a Small Business Growth Package worth $149 for FREE that includes:

  • Keeping Score Manual, Ribbon
  • Business Boot Camp Accelerator eBook: Setting the Stage for Growth, Marketing Edge
  • Building an Email List that Build Your business, Constant Contact 

3 Days Until the Small Biz World Summit Begins: Tip of the Day

Initiate Tactics That Directly Align Your Unique Value With Customer Needs
Beth Goldstein, Marketing Edge

The Small Business World Summit begins in 3 days! Pre-register now and get the Small Business Growth Package worth $149 –  FREE! 

While it’s important that you understand the products and services that you offer customers, it’s even more critical to understand what your customers value and why they buy products/services from you rather than your competitors. What common needs and characteristics do your customers share? By understanding how much each customer spends with you, how often they frequent your business and why they value their business relationship with you, you can more easily execute activities that will impact all of these factors and increase your value to them and consequently their value to you.

The Summit gives you the answers you need to take your business to the next level – FAST! We answer your questions about marketing, sales, building online customer communities, cash flow, leadership, HR, and other challenges that you face every day.

Plus, it’s completely free to watch during Small Business Saturday Weekend (Nov 23 – 26).

Click here to learn more and to pre-register!. Plus, when you pre-register you will get a Small Business Growth Package worth $149 for FREE that includes:

  • Keeping Score Manual, Ribbon
  • Business Boot Camp Accelerator eBook: Setting the Stage for Growth, Marketing Edge
  • Building an Email List that Build Your business, Constant Contact 

Entrepreneurship Education on MSNBC – Hope you can tune in this Sunday, Sept. 23

 

I’m excited to be invited back as a guest expert on

MSNBC’s Your Business

this Sunday, September 23 @ 7:30 am ET

We’ll be discussing entrepreneurship education and featuring a recent graduate from the BU School of Management (whom I am really proud of!)

I hope you’ll watch – I’d love to hear your feedback and thoughts on the topic!

If you’re not a morning person, just set your recorder or you can visit my website or
MSNBC’s Your Business website afterwards
to watch the program.

Why Is Walking Away So Darn Hard…Even When It’s the Right Decision?

I haven’t slept well over the past few weeks plagued by a ‘Go – NO Go’ decision over a major contract that was certain to have a huge impact on my business and my personal life.  Why is walking away ALWAYS so darn hard, even when you know it’s the right decision?

A few years back I was involved with helping a non-profit organization create a curriculum for a program to educate inner city businesses throughout the U.S. They ran the program through the SBA and now, in its fifth year, the program is offered in almost 30 cities. The contract with the SBA to run the program recently became available for bid and boy, did I want it. I really, really wanted it (did I mention that I wanted the contract?).

The current program is excellent and I have a lot of respect for the organization running it but, like every entrepreneur, I was (and still am) confident that I could make it even more effective in terms of its economic impact on urban businesses. I’ve run a variety of uniquely designed business accelerator programs since then for a number of organizations engaged in helping small business owners grow, including the state of Massachusetts. So taking the lessons learned, I am totally confident that I could deliver one heck of a program. So, what’s the problem? Why not go for it?

Well, honestly I wish it wasn’t such a complicated decision but the bottom line is, I don’t currently have the business model nor infrastructure required to effectively run the program in so many cities (30 simultaneously). My fear is that running a program of that scale would either destroy my current business model  or my mental stability or both. The thought of not sleeping for an entire year is not very appealing. Have you been in a similar situation where you really (REALLY!) wanted to do something but your gut told you, Stop and evaluate what this will mean in terms of your business and your life? It’s akin to a chef who loves to cook opening a chain of restaurants across the country all at the same time. She might be able to handle running one (although preparing amazing meals and running a business are different) but a chain, I don’t think so!

(Continue Reading on the Marketing Edge Newsletter Website…)

Beth

Biz-Edge Video Series: Episode Nine – The Importance of Understanding Your Competitors

Welcome to Biz-Edge where we answer YOUR business questions. In the ninth of the Summer 2012 Series, I address a question about understanding who your competitors are, even when they don’t look nor act exactly like you.

Competitors don’t always offer the same product as you do. Therefore, in understanding and clearly defining who your competition is, it’s critical to think of them in terms of the solution they provide because that’s what you will end up competing on. Watch how I respond to a question about defining competition to grow a business.

Have a question about business growth? Here’s your opportunity to ask questions about business challenges you face so you can gain an EDGE in business. Plus, hear advice that we’ve given other small business owners and entrepreneurs to help them make bold leaps forward. Complete the form at the Biz-Edge Website and I will try my best to answer it via video.