Are you looking for customers? They can be found here…want to know where?
If you are a retail based business, offer products/services business to business, professional service provider, commissioned sales rep etc You will want to read this article. Over the past few years the way to the customer’s wallet has changed.
| YellowPages are dead…Google is the new directory |
No longer can you expect to place a yellow page ad, newspaper ad, send out flyers, advertise on radio, runs ads on TV blasting “I’m here, I’m here” and expect to get results. Customer behaviour has changed and if you do not change with it you are doomed. How you adjust, adapt and prepare for the new customer will determine your long term success.
So what’s changed? In the last little while, online has taken over. Comparison shopping occurs in just a few clicks versus hours of phone calls or in-store visits. Speaking of in-stores visits…those occur in the comfort of the customer’s own home or desk via Google, Yahoo, Bing etc.
| We’re open Monday – Friday 9-5 no longer works for people. |
Days and weeks of research done the old fashioned way are now compressed in to hours, minutes and seconds. It’s no longer Monday to Friday 9-5…it’s 24/7 365. Yes, the internet has been around for the last 25 years but it has firmly taken hold as a shopping option and has become a trillion dollar shopping option for customers and consumers around the globe.
Trillion dollar pie? Do you want some of that? Here are some examples of businesses doing things different. Investment firms, car dealers, banks, insurance companies, real estate agents, dentists, restaurants to name a few have adjusted their business model…and that’s just the tip of the iceberg.
The customer today versus before? Night and day…they’ve changed too…want to know what they look like and behave? Keep reading.
- Their purchase decisions are slower…they compare everything.
- They get upset easier and want to let you know about it sooner and faster or they’re gone.
- They want faster resolution to what ever they are upset about or they’re gone…CAN YOU SAY “what have you done for me lately?”.
- They will not be doing business the way they used to.
- They will not be advertising the same way either.
- They will choose banks differently.
- They will buy cars differently.
- They will buy homes differently.
- They will invest differently.
- They’re online…checking your website and your competitor’s website.
- Their word of mouth travels at cyber speed via social networking
- The new tell one person if they’re happy and tell 10 people if they’re unhappy is now 100 and 1000 and spreads like a California wild fire.
- They’re using: Facebook, MySpace, Tweets, LinkedIn, Blogs, You-Tube, texting to tell the world about their experiences.
- They’re Googling…what are Yellow-pages?
- They don’t know what newspapers are.
- They listen to IPods and Podcasts not radio.
- They watch TV when it’s convenient for them and skip through commercials using their PVR.
- They buy at all hours…and it’s in the ga-zillions.
- They want to buy from you if you make it easy to buy from you.
- They are value driven…but price has moved up a couple of notches in the purchase decision.
- They want a relationship.
- They want, need and expect AMAZING SERVICE after the sale.
- When they WANT they WANT IT NOW.
- They HATE voice-mail or IVR hell.
- They need help and expert advice immediately.
- They know more about your product than you do…Oh and they also know everything about your competitor’s too.
- If they need a recommendation…see line referenced earlier about Social Networking…you better have testimonials.
- They want rapport and trust and expect to be heard and understood.
This is just the short list are you going to do something about it or stick your head in the sand? I sure hope it’s the former and not the latter. Failure to address the new way is surely the fast way of going broke.




