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Choosing a new vendor? Three Tips to Consider

Selecting a vendor for your business can be time consuming and stressful. You are making an important choice that will not just impact you, but an entire department or business. The goal should be to create a partnership with your vendor. Price is important, but it should not be the only thing to consider. Here are three tips that are worth noting.

Communication

Communication is my number one tip. How they respond during the sales process is important. Do you feel as though they are interviewing you? While it is perfectly understandable for a sales exec to pre-qualify a lead, it is also important to treat the person with respect. The tone of a person’s voice, their demeanor, level of patience when answering questions are all important. This sets the tone for how the relationship plays out over time.

Ask yourself, “Will I want to turn to this person with a problem or issue down the road?” How well they communicate & how quickly they respond will tell you a lot. Pay close attention to their genuine willingness to solve your problem or provide a solution that will benefit your business. How well do they listen?

Social Media

One area I always look at when considering a new vendor is their social media marketing. When I check it, I am looking for several things:

  • The date of their last post. I see so many businesses start social media, run it for a few years, and then drop it. How current is the last post? If it is over a year ago, it may be a red flag.
  • What do they post? Do they post relative information that provides their readers with useful tips and news within their industry? Sharing is caring in social media. Pay close attention to what they have to say.
  • Number of followers play a role as well. Too small of an amount may mean that not enough effort was put forth. Too many unevenly distributed between following/followers may suggest a bot was used. Many companies use bots, and while I don’t feel it is a negative, it is worth noting.  
  • How do they respond to customer service issues within their profiles? This is a very important area to take a look at. Unhappy customers many times will go to social media when they can’t get the right answers from normal customer service channels.

Flexibility

How flexible are they to change? As much as we all try, there are times when we need something handled and we need it yesterday! I remember a payroll vendor of ours once telling me that she was going to discount something for me because over the years, we never requested customer service. By looking over our account and determining we had been a good, quiet customer, she rewarded us. Kudos to the company for empowering her to make that call.

Be sure to ask about their customer service turnaround times. Is it within 24 hours of placing a call or inquiry via the web? Be sure to understand this before a problem comes up.

Proper vetting can save you a lot of time in money down the road. The added effort is well worth it.

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When All Else Fails….Turn to Social Selling

During the COVID:19 Pandemic, business owners have had to be very creative in order to survive. In an instant, an owner may be left with no customers. What is next? Creative thinking to the rescue! Interestingly enough, many find new ways of selling their goods and services. Social selling is one option.

A great example of this is how a Minnesota Farmer got quite creative when faced with meat processing plants closing suddenly. One farmer had 1200 pigs that were ready for slaughter, with nowhere to go. “We went from having planned all of this 10 months out, having a market for these pigs – that flipped on a switch,” Kluver said. Brad Kluver is a third generation pig farmer, who has never seen something like this happen. He goes on to say that they were stuck, with no alternatives and the pigs were getting fatter every day.

Social Media To the Rescue!

So the family decided to try selling their pigs in social media. They turned to their community for help through their social media accounts.

“In just 48 hours, we had over 400 families reach out to us wanting to purchase pork and help support us through this,” Brad said. “We were left high and dry with nowhere to go and nowhere to turn and that’s where our community stepped up.”

The family was also able to get connected with other, smaller pork producers who were able to take some of their pigs and get them ready to be sold to consumers. 

Time to Try Social Selling?

Social selling is really nothing new, however, it is new to some industries. The impact of COVID-19 has made everyone more aware of social selling and it will be interesting to watch and see if this trend continues. When you think of social selling, LinkedIn comes to mind. LinkedIn has been the best place to date to build relationships and acquire more customers. This is especially true for B2B companies.

However, now is a great time to start building your social media community. It doesn’t matter if it is in Facebook, LinkedIn, Twitter or Instagram. The Pig Farm story is a good example of social media ROI. I bet the farmer never would have thought this online community would be of benefit to him at any time now or in the future. But it was. It may also make him think of his business differently post COVID.

Consumer Reports recently reported on the increased importance of social media customer service which goes hand in hand with social selling. Once you commit to being there, you must maintain it and monitor it. Customers are eager to reach out to you there. To get that personalized service that everyone wants these days.

Maintenance goes a long way in social as well as your website. As more and more people turn to online shopping for essentials, be sure:

  • Outbound links in social media are all in working order.
  • Contact information correct.

Take time now to be sure everything is up to speed. Are there ways to increase your followers? How well are you engaging? You never know when it will all come in handy in ways you never would have thought!

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Customer Trust – Glass Half Empty or Glass Half Full?

How does a business gain customer trust? How does a business gain trust in uncertain times? Very important questions. It requires some real thought. The quietness we are all in is the perfect time to step back and evaluate. Soon businesses will reopen and begin new business’ models for the times we are in. Customer trust is critical for survival. In my opinion, it has never been more important.

Winners and Losers

I have seen CEO’s posting in Linkedin about what they are currently doing to retain customers. They are, in part, establishing brand trust. A large restaurant chain offered a catering style dinner delivered, with the exact specifications of the customer. I mark that one a “glass half full” rating because they are pivoting to the new norm. Not to mention the convenience they are offering those families who are home schooling kids while working full time jobs. Great job TGIFridays! They took it a step further by offering to go Meal Kits. I love this and I bet their customers do too. When you check out their website you see true transparency. Another win!

Ice Cream Chain Confuses Customer

An ice cream chain of restaurants are an example of “glass half empty” rating. I recently stumbled on this Facebook post by an unhappy customer.

Customer waits for almost 30 minutes in a drive through lane, trying to bring home ice cream treats for the family perhaps, only to get to the window to read a sign about COVID-19 PPE requirements for the first time. Better yet, I checked out their website, and there is nothing there about COVID-19. No messaging whatsoever. It is like COVID-19 is not even happening in their world. Zero transparency. Notice that this post was commented on by 186 people, but who knows how many people viewed it without leaving a comment. As I scrolled through the comments, a few people discussed how the customer service at this location has been deteriorating for some time. Sadly, this business will never see this post because they are not listening well online.

Social Media Impact & Reach

Social media usage is up right now, which makes social media listening for customer service even better. Leaning in on social data now will help build customer trust.

People in general, your customers, are stressed. They have certain expectations for the businesses they love. What do you think will happen when this is all over and the ice cream store is open for dine in? Would you remember this experience and try out a new ice cream store instead? Let me take it one step further. Let’s say this customer does try out a competitor and they find that their product is not as stellar but their customer experience is fantastic! Speed, delivery and a smile. Recovery from this kind of poor customer service is long lasting. Who can afford that right now?

Leaning in on Customer Insights

The word cloud is a great visual of what we are feeling right now. Another “glass is half full” award goes to ChatDesk and their recent blog post on “How Are Your Customers Feeling About Coronavirus / COVID-19?” Excellent Social Media Listening! It pretty much recommends that we all put ourselves in our customer’s shoes right now.

Listen Like This

*Blog by: Kathy Doering, President of Ann Michaels & Associates. The above example is only one way in which we listen on behalf of our customers. If this is something you would like to see up close and personal, please schedule a demo with use here.

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