When friends are too much like hard work: An insight on Customer retention

0
76

Share on LinkedIn

We have some friends who only call us when they want something. Lorraine (my wife) and I were discussing this the other day.

We have become tired of phoning them and asking them out to places but them never phoning us. I guess this really tells us what they think about us! We have come to the conclusion they aren’t really friends. If we have to make all the effort it doesn’t feel like it’s a productive, equal, fruitful relationship. It’s now all too much hassle and we feel disenchanted so, sadly, we now don’t bother with them. I am sure we all have friends like that.

Why am I telling you this story? I have just had a call from the British charity RSPCA, (Royal Protection of Cruelty to Animals), to whom we contribute each month. My reaction to the phone call was similar to the one I have when our ‘friends’ call.

They started off by saying how much they appreciated our regular donation, and how many animals they have saved. But all the time as they were talking I was thinking ….”yeah yeah yeah , any minute now you are going to ask me for more money”. After the call I reflected on how I felt. I felt disenchanted. I donate money regularly and the only call I get from them is asking for money – they only contact me when they want something!

I recently wrote a blog about Stephen Covey’s concept of an emotional bank account. When I get calls like this from my ‘friend’ and from organizations they are making a withdrawal from my ’emotional bank account’. When the account is at zero they go into overdraft and I wonder why I deal with them.

It seems most B2C organizations rarely invest in a relationship with Customers. I believe organizations, especially charitable ones, should just call me and say thanks and tell me how much they appreciate my custom/contribution and do nothing else on the call. This would make deposits into my emotional bank account. Then when they phone me and ask for more money, tell me the prices have gone up, or about a great deal they have I may listen to them a little longer and thus improve Customer retention. Give it a go and let me know of your success…

Republished with author's permission from original post.

Colin Shaw
Colin is an original pioneer of Customer Experience. LinkedIn has recognized Colin as one of the ‘World's Top 150 Business Influencers’ Colin is an official LinkedIn "Top Voice", with over 280,000 followers & 80,000 subscribed to his newsletter 'Why Customers Buy'. Colin's consulting company Beyond Philosophy, was recognized by the Financial Times as ‘one of the leading consultancies’. Colin is the co-host of the highly successful Intuitive Customer podcast, which is rated in the top 2% of podcasts.

ADD YOUR COMMENT

Please use comments to add value to the discussion. Maximum one link to an educational blog post or article. We will NOT PUBLISH brief comments like "good post," comments that mainly promote links, or comments with links to companies, products, or services.

Please enter your comment!
Please enter your name here