Supercharging Business Success

Supercharging Business Success


Why Customer Experience Is Your Best Sales & Marketing Strategy – in Just 7 Minutes with Dan Gingiss

December 09, 2020

What You’ll Learn From This Episode:* Importance of not ignoring customers walking out the back door* The mistake of not understanding your customer* The value of becoming a customer of your own companyRelated Links and Resources:I have a new resource that is entitled "Four Things that Every Marketer Must Know about Customer Experience", you can get it on my website at www.dangingiss.com/4-things-marketers-must-know-about-cx/ will bring it right into that free download.Summary:Dan Gingiss is an international keynote speaker and customer experience coach who believes that a remarkable customer experience can be your best marketing. His 20-year professional career consistently focused on delighting customers, spanning multiple disciplines including customer experience, marketing, social media and customer service. He held leadership positions at three Fortune 300 companies – McDonald’s, Discover and Humana.Dan is the author of the book, Winning at Social Customer Care: How Top Brands Create Engaging Experiences on Social Media, a host of the Experience This! Show podcast and a regular contributor to Forbes.Here are the highlights of this episode:1:53 Dan’s ideal Client: My ideal clients sit in either the marketing or the customer service/experience side of the business. And nowadays, it's becoming a little bit 'muddier' because those teams are finally starting to work together which is great. Usually I'm talking to a Director or above, probably a VP Executive level in the customer service or marketing area. Somebody who is really looking to 'supercharge' the customer experience in their organization and get more people talking about their brand.2:41 Problem Dan helps solve: The big problem is that so many companies are focused on acquiring new customers and getting new sales, and they're putting all their money there. What they're ignoring is that there's customers walking out the back door. I like to refer to this as the 'leaky bucket' and every company has a leaky bucket. The customers that are walking out the back door are very dangerous; because A: they're usually doing it so silently, they're not telling you why they're leaving and B: they're usually going to your competition. So, if we can stop the leaky bucket, if we can plug it up and keep the customers that we have, we actually take pressure off of our sales team and the marketing team because they don't have to constantly have these increasing goals every year. It gets harder and harder because we're literally swimming against the stream.3:57 Typical symptoms that clients do before reaching out to Dan: Well, I would say a few things. The first is, if you have a retention rate that you're not happy with, if people are leaving again, either telling you or not, and you don't know why. That's a big indicator that something is wrong. If your sales and marketing team are so stressed out every year because you keep on increasing the goals just to keep up, that's a pretty good sign. I worked for a startup once where in order to net a million dollars in sales, the sales team had to sell 1.4 million dollars. That was just to make up for the sales they were losing on the back end.  Think about the stress that you put to people to chase that. The other thing is, if you're looking over to fence it on your competition, and you're saying "man, they're really doing some cool things and experiences, and I wish my company could do that. I wish we could create memorable experiences for our customers" that's the time to call Dan Gingiss.5:14 What are some of the common mistakes that folks make before finding Dan and his solution: Usually the biggest mistake is not understanding your customer. In some companies, in some organizations,