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Profiting Between the Lines

February 20th, 2010 Becky No comments

As you are busy networking – trying to build your business – keep the following article, by Abigail Dougherty, in mind.Abigail

 

The Bottom Line

Every business owner I know has a keen sense of their business bottom line. Is the business profitable, or not? If not, most owners have ideas to improve the business’s bottom line in the future. 

As you are busy networking - trying to build your business – keep the following article, by Abigail Dougherty in mind.

 

The Front Line

The front line is seldom as keenly managed. Most businesses define “front line” too narrowly as the first point of human contact. Front line actually includes every contact point a customer has with the business; from the moment the phones are answered, live or mechanically, all the way through the transaction, including service long after the original transaction is completed.

 

We recently dealt with two front line employees in a local store with markedly different results. One took the stance that our issue was outside the policy. He could not help us and we could take our business (and 13 years of customer loyalty) elsewhere. The second person explained why we were told “no,” then took the time to negotiate a win-win solution. The second person generated a huge sale and kept loyal customers happy. Sadly, the first person was the store manager. The helpful employee was a subordinate who took the initiative to seek a solution outside the policy to resolve the issue.

 

Tools for the Front Line

The best way to lose customers is to have rigid customer support policies that allow no initiative from your employees. Unless you have a truly unique product or service, it’s imperative that your customers believe they are being treated as individuals and someone is ready to listen and help them.

 

New hires do not belong in a front line role. They need to be shown, as well as trained, on the broad view and the details of who, what, why, how, and when of your products, services, your ideal clients, and your competition.

 

Experienced employees need to be armed with options and examples of prior customer solutions. It’s worth the time to send regular “win” messages to your entire team spotlighting challenging customer issues and the creative solutions to resolve them.

 

Make it a team effort. Use your collective resources, solicit, and then reward contributions for customer satisfaction from your entire team. You will probably be surprised how creative your staff is, when given the opportunity to contribute.

 

The Front Line Drives the Bottom Line

More than 70% of all buying decisions are driven by referral marketing, or word of mouth. Happy customers are your best sales staff. Happy employees who understand, believe, and can share success stories about your business are essential to creating happy customers.

 

Years ago I was the “right-hand assistant” for a funeral director/mortician. My job definition was one line: Help him do his work. One of my regular tasks was to write up, proof, and print the memorial cards for each visitation and funeral. It was better to have extras left over than to run out. I soon learned that most people have a circle of about 250 others who know and or care about them. We printed 250 memorial cards for most services and usually had only a few left over. This was pre-social media; today 6,000 appears to be the accepted reach for our circle of influence.

 

It’s human nature to share bad news more readily than good news. A happy customer will tell several friends, especially soon after they’ve done business with you. An unhappy customer tells everyone they speak to about their experience and will remember the story for years to come when your business name comes up, or even when the discussion turns to the same industry. Unhappy customers never forget and seldom forgive.

 

We are blessed with two eyes. As business people that means we keep one on the front line and the other on the bottom line.

 

Abigail Dougherty
Straight Edge Solutions

 

© 2009  Straight Edge News          All Rights Reserved.

 

Abigail@StraightEdgeSolutions.com

Lead With Heart

December 14th, 2008 Becky No comments

Layoffs! Business Closures! Families deciding between paying rent, utilities, or food! Someone must step in to help – I Take The Lead has taken on the challenge!
i Take The Lead started Lead With Heart, a food basket program, to help bring food on Valentine’s Day to 30 families in need. These families live from the Salem Oregon area all the way to the Ridgefield Washington area. We started this in 2001 as a way to help those who’d been displaced by layoffs, business closures, etc. For 7 years, we have received an overwhelming response from our i Take The Lead Inc members, along with many businesses and individuals in the communities. The members step up and donate food, money, other essential items for families in need. They even volunteer to go to local grocery stores with a letter, provided by the officers of i Take The Lead, to solicit donations. Several stores have been very generous in their gifting to these families. The ‘baskets’ actually consist of 4 or 5 large cardboard boxes overflowing with food and necessities and is delivered to each family.
Currently not only do the Portland OR metro area i Take The Lead members participate in this yearly program, but the Seattle WA i Take The Lead members and Denver CO i Take The Lead members also take pride in giving back to the community with the Lead With Heart program. Our goal is to bring this program to every major metropolitan community in the United States.
See our brand new website: www.ittlleadwithheart.com