Are You Utilizing One of Your Most Valuable Business Tools?
Client loyalty is not one of those topics that business owners get all that excited about… But they should.
Especially in times of economic uncertainty – but truly anytime – growing client loyalty is one of the most valuable tools a business owner or sales professional can utilize.
Businesses that inspire loyalty among their customers have a big advantage over those that do not. Loyal customers not only keep coming back again and again, they also spread the word to all of their friends, coworkers, and family.
What is customer loyalty?
Loyalty is created through establishing and nurturing a relationship. It’s not a one-sided transaction. Customers must feel like they know you, and that means that you must get to know them.
Loyalty is like trust. It’s not given, it’s earned. And just like trust, it can be broken in an instant.
One way to assess your client loyalty is to consider what their reaction would be if you stopped doing business. If you stopped providing the service you do now, would clients be upset – or just head on over to another service provider? If you stopped sending your weekly newsletter, would readers notice its absence in their inboxes? If you closed your brick and mortar location, would you hear from customers who missed you – or would they just drive down the street to a similar store?
With that said, loyalty is a two-way street. What is your reaction if you stop hearing from a client? Do you keep in touch with former clients, checking in on them regularly, and letting them know you valued working together and that your door is always open to them? Don’t underestimate the importance of maintaining those relationships. Plenty of businesses make that mistake, which can be to your advantage. You’ll stand out as a friendly, personable, and grateful person to do business with.
The 3 factors for creating and sustaining customer loyalty are:
- Exceed expectations – Surprise customers with excellent service above and beyond what you typically get.
- Make them smile – Make an emotional impact in small but meaningful ways.
- Be unforgettable – Create experiences for your clients or customers that they won’t soon forget, or stop talking about to everyone they know!
Are you providing excellent customer experiences across all channels and at all times in your business? One of the ways I encourage my clients to meet all 3 of those factors with their clients is the simple act of remembering their birthdays. Nothing makes a client feel good like a call or small gift on their special day.
Here’s a checklist of ways you can stay on top of client loyalty since it is one of your greatest business assets:
- How much attention do I pay to my current clients?
- Could I pay more attention to them?
- Do I regularly reach out to them, see how they are doing, and see if I can do anything for them?
- Am I ever too busy or preoccupied to show them my appreciation?
- How much attention do I pay to my former clients?
- Do I have a system in place to check in on former clients semi-regularly so that I don’t pass up opportunities to do business with them again?
I challenge you to examine how you can exceed expectations, make an emotional impact, and dazzle customers in your own business.
At Celeste Giordano Coaching, I support my clients in growing businesses that will thrive for decades to come, or what I call Legacy Businesses. If you’ve ever felt like your clients just aren’t all that loyal to you, I’ll show you how to build a Legacy Business that inspires serious loyalty. Contact me today.
Celeste Giordano’s mission is to help business owners develop the skills, knowledge and attitude necessary to “DoublePlusTM” their income and become effective and inspirational leaders in their fields. Whether it’s taking your successful business to the next level or starting a new venture, she will teach you the exact skills and strategies you need to enroll more quality prospects, build a rock-solid team, and break through obstacles to achieve real profit and lasting success. Celeste is a professional business growth specialist, a master sales strategist, and dynamic speaker with 40 years experience in direct sales and managing high-performing teams.
To learn more about Celeste, click here.
Want to use this article? Please feel free to use this content as long as you keep it in its original format and include a link to the original post and Celeste Giordano’s brief bio.
At Celeste Giordano Coaching, I work with each client to implement the strategies they’ve been missing that will enable them to break through barriers preventing them from the success they know they are capable of. Contact me today to find your future clients who just don’t know what they’re missing.