Print ’09, the largest printing show in North America, will be in Chicago from September 11-16th.   Survey Advantage president Michael Casey has been asked to lead a presentation on Monday, September 14th from 2:15PM to 4:00PM.   Please read the overview below or visit www.myprint09.com for more details.  

Topic: Creating and managing a customer retention strategy

On average 5% of a printer’s revenue is directed to the marketing budget to capture new customers through tradeshows, advertising, and get your name recognized on the cluttered field of printers.  Printer’s with an effective, deliberate customer retention strategy benefit from lower marketing expenses through higher client share and customer referrals.  Rarely does a printer lose an account completely, but many will lose client share if they don’t have an effective early warning system in place when a specific job goes out with a problem.  This session will discuss ways printers have implemented programs to retain customers by driving loyalty, proactively gathering print job feedback, customizing services, and making their customers feel unique and special.  Multiple studies have proven how much more profitable it is to grow revenues with existing accounts versus pursuing new accounts.  Retaining customers is the best way to keep your business healthy, reduce marketing budgets, and drive referrals to your door.

What you will learn
• Effective customer retention strategies
• Printer loyalty programs
• Printer referral programs
• Printer loyalty benchmarks to shoot for
• The importance of surveys
• Best practice survey techniques
• Low cost customer feedback process
• Customer service processes to consider

Presentation for Executive Management, Owners, Customer Service Directors and Managers, Sales and Marketing Directors and Managers

Recently an association executive was trying to learn how to approach a membership award program for their conference.  Below are a few things to consider.  Granted this is a professional organization so take what you would like from it.   Here is the response.

Hopefully the ideas below helps as you decide how to approach.

1) You may want to start off with maybe a few awards that focus on the key, most important awards. I have seen members dread going to their big dinner / award dinner because they state “I see more firewood being handed out and I never go to them”. Firewood meaning plagues. Be careful and pick your battle. Members will appreciate it and you can test the waters and expand from there.

2) Depending on your membership a plague is a nice gesture and something visible. Certificates may work if in a nice frame and something they would hang in their office or out in front. I noticed you are a teacher association so maybe the certificates would be nice right next to their degree. Also, academia may be more open to recognition versus trade associations so you may be onto something.

3) I don’t think the money is the thing. A nice plague or certificate should be fine. It is the recognition more than the money in most cases with professional organizations.

4) Definitely would give them a little token or money to come out and stay.Again, nothing crazy, but maybe the flight and motel room.

You know your membership and what gets them jazzed more than anyone so I suggest going with your first instinct or go out to members and ask, but start small if you can and then grow from there if possible. First year maybe 5 awards, and then increase as feedback comes back and you see the response from members and winners.

Also, promoting the awards is important and giving PR to those winning members. Maybe a short case study posted on your website explaining what they did to win and why they are a star peer.

To learn about and obtain copies of the AMI Boater Satisfaction Benchmark report you may visit https://www.marinaassociation.org/ami-publications.php. The study benchmarks facility satisfaction, customer service satisfaction, customer loyalty, and marina services quality.

Associations, corporations, non-profits, small business owners always ask this question.  It is a loaded question, but here are a few things to consider.  Response rates can vary from <10% to >80% depending on a lot of things and how you approach the study.
 
1) Topic is very important.  How important is it to them to share their brain and heart??  Get inside their head and know their appetite for the topic you are throwing at them. 
 
2) Positioning is important.  You must sell the idea to participate.  I am not saying with incentives, but tell them why it is important TO THEM. 
 
3) Know your audience.  If your members are really engaged with you, you share lessons learned from previous surveys, then you have a great foundation for high response rates.  
 
4) If you don’t send out a survey a week to members then you have a good foundation.  Surveys should have meaning and pick your battles when asking members for help.
 
5) Try to keep them short whenever possible and tell them that.  “This is a five question survey that will only take 2 minutes”.  That will get better response then “This is a 125 question survey that will take you what feels like forever”. 
 
6) Think about each question before you send it to them.  Wording, clarity of purpose, understanding what information you want back and what format should be taken into account.
 
These all may seem obvious, but it is amazing how many surveys I get that start asking my gender, marital status, and income when frankly there is nothing in it for me, it is wasting my time, and I wonder what they plan to do with that information to get at me!   I just received a birthday card last week for a trip to the Virgin Islands.  It was my birthday the week before and that scared the *&*() out of me because they don’t know me, I don’t know them, it was a scam mailer, and I wonder what else they know about me.   Be relevant and respect your audience.

Today ABBRA posted how to obtain copies of the ABBRA Boatyard Customer Satisfaction Benchmark report.  This report was created by Survey Advantage in cooperation with ABBRA.  Customer Satisfaction for facility quality, boatyard service and customer service were benchmarked from boater survey results collected in cooperation with ABBRA members using ABBRA CustomerPulse(TM) and ABBRA HealthCheck(TM), two programs managed by Survey Advantage to help boatyards stay connected with customers.   To read the general summary and learn how to obtain your own copy of the benchmark report please visit   http://www.abbra.org/customer-service-index.

Many of us are timid to ask our most loyal customers for referrals.  We feel uncomfortable asking or don’t want to alienate an already loyal customer.  Sometimes we feel the loyalty may go down by being direct and asking the question “Do you know someone we could help as we help you?” 

A more subtle way to capture referrals is to tie the request for referrals into a customer feedback survey.  The way it works is that you send a customer a very short five question survey after your complete a job, complete a service, or ship a product.  One of the questions asks the ultimate question “How likely are you to recommend us to a colleague, friend, or family member?”  For all customers who click “Very Likely”,  you now know they are loyal, love you, are passionate about what you do for them, and are the customers most likely to recommend you.  They have self qualified themselves!  At that point when they click submit on the survey you direct them to a landing page to highlight your referral program along with any gift you want to offer.  It is that simple.  I have seen up to 5% of those filling out the survey offering referrals to help their supplier or vendor.  What an opportunity!   Just don’t forget to call them or thank them for the referral.  It is only common courtesy and it will feed the referral process.  

Just last week a small printer closed a $1,000 initial order with a referral by using this process and the newly acquired customer appears to be ready to give them future orders for other printing needs.  This process isn’t just for printers, but can work with insurance agencies, any service organization or business that relies on referrals to grow and prosper. 

So, don’t leave your loyal customers just buying from you.  Engage them in the selling process and expand your selling force.

This weekend a colleague asked a myself and a few fellow business owners if our customers were asking for discounts after work was complete. His customers were telling him they could pay him immediately if he took another 20% off the bill or he would need to wait for payment. This is for work he already had done!! With the recession he added that his closure rates on bids went from 50% to under 10% and he was desperate. He is in a competitive, commodity market, but something isn’t right here. He is taking the 20% off the bills and discounting, but his business is not doing well. You could see the worry on his face and I am sure the customers are as well.

I suggest if customers are asking for discounts that you change the scope and give options. Give three different scopes of work with three different price points, but then hold firm on the work being done. You must do this to stay healthy and your customers should respect this. People love options and the customer will understand that with options there are varying levels of product.

There are typically three things to look at with any project scope; price, timeframe, and quality. Keep to these three sides of the triangle when bidding and discussing jobs with customers.

Before finding yourself in an unprofitable situation, the best businesses find ways to differentiate themselves and offer unique and special services and products. Customers will be happy and your business will remain healthy.

This is a story of how a manufacturer in a competitive industry leveraged surveying to methodically connect with key decision makers at Ford, Mercedes, GM, and Volvo. The customer feedback surprised even the manufacturer’s engineering team.

Please review the full case study at Quality Digest:  http://www.qualitydigest.com/inside/quality-insider-article/surveying-new-opportunities.html

NAPL releases Field Case Book, a new initiative to share best practices and innovations with printers.  In NAPL’s first  field book case study, a printer is highlighted for a creative customer retention strategy saving $130,000 in business within the first month of the strategy. 

Click here for complete case:  http://www.fieldcasebook.org/