You might have seen this survey before, if you have, the words of Dr. Samuel Johnson might be fitting: most people should be "less taught and more reminded".
Why do your customers leave you?
1% Die
3% Move away
5% Influenced by friends
9% Lured away by the competition
14% Dissatisfied with the product
68% Indifference
Everyone has a customer. Bankers, politicians, even teachers have customers. Non-profit professionals know they have a "customer" and these customers have many options about where they spend their time and money. It may help to move away from the language of "customer" and begin to think of all the Very Important People in your world. Your VIP's could be vendors who are strategically important, influencers (your mentors and advisers), employees, constituents, students, supervisors, and more. It is an interesting exercise to draw a graph like the one on the left to discover your VIP's. If 68% of your VIP's leave you because of indifference, you are either genuinely indifferent about them or they interpret your lack of communication as indifference. Fact is, most businesses cannot afford an attitude of indifference in this economy. Indifference toward your VIP's is a slow suicide in a good economy, it's a death spiral in a bad economy.
The good news is, there is a way to eradicate indifference and the solution is a simple one: gratitude.
A simple "thank you" at the right time goes a long way and there are plenty of occasions fast approaching that will help you get about the business of recognizing your VIP's. Gifts of gratitude, whether they are hand written notes or gift-wrapped "thank you's" carry a lot of weight these days. As technology becomes more hi-tech, we must become more hi-touch in order to achieve an impact. A one sentence email saying "thank you" is just not enough if you want to make a lasting impression. Besides, some VIP's contribute significantly to your success, can you really not spare more than a few seconds to appropriately express your appreciation? Don't let the speed of today's hyperactive world delude you in to thinking that you don't have time. You must carve time out of your busy schedule to tell people you care about their contribution, otherwise, your business could be guilty of chasing away 68% if its customers.
68%!
What is your plan to recognize your VIP's this year? Have you stopped to think of all the people who contribute to your business?
Note: I happen to know a great little company that has developed client appreciation programs for brands for nearly twenty years. Email me for more info. We can help you apply the right amount of TLC to your VIPs ASAP. ;-) (Emoticons and acronyms are no charge).