Showing posts with label value. Show all posts
Showing posts with label value. Show all posts

Friday, January 18, 2013

Where’s the Beef?


By Maureen Legg, Account Executive

Communicating Value

No one ever likes losing a customer or client, especially when they leave for the wrong reasons or never share any of their doubt or discontent about your product or service. We often mistake no news for good news, but many people actually prefer the door to the daunting prospect of sharing their discontent.

Sharing their discontent with you, that is. They have no problem sharing with all their colleagues.

This problem is more common among consumers of services than actual products. With a physical product, if something doesn’t perform as a customer expected, they can return or exchange it. Consulting services, like those we provide at (W)right On Communications, require more proactive communication with clients to increase their understanding of the work product and value of the outcomes. And whether you’re in the communications consulting field or a seller of world-class widgets, the following five communication steps can increase client satisfaction and build client loyalty.

The Plan’s the Thing

As a service provider, it is important to establish upfront a client’s needs and expectations and how you plan to meet (and hopefully exceed!) them. Agreeing on a well-defined set of goals and objectives makes evaluation of your services turnkey. Documenting this communication in a plan of action keeps everyone on the same page.

Don’t Stop Thinkin’ About Tomorrow

With a plan in place, you can grow your relationship with your client by bringing to their attention relevant current events and new ideas that could impact their business. This is a value-added service you can provide that demonstrates what you bring to their team. If your contribution becomes an action item that requires amendments to the original plan, advise your client of the financial implications upfront.

Just Do It

One of the biggest benefits you can bring to the party is the ability to get things done. Find ways to solve problems apart from relying on the client for an assist. And meeting deadlines is a must. Lingering projects for any reason lead to apathy about your value and a lack confidence in your ability.

Making Dollars Make Sense

When a client complains about the bill, it means they are not fully aware of all the benefits they are receiving from you so they don’t understand the value. It’s up to you to continually communicate the benefits of your service. That can take the form of regular progress reports with measurable metrics (you can even send this with the bill). Periodically meeting with your client to review the bills gives them a chance to ask questions and for you to describe the value-added services that are often not reflected on the bill. This also gives your client the opportunity to clarify what kind of outcomes they are expecting so that there is no miscommunication.

Three Little Words

Checking in with your client from time to time is the easiest way to diffuse percolating issues. Simply asking, “How’s it going?” can initiate a meaningful dialogue that leads to good will (maybe even an accolade or two) or course corrections in advance of a crisis situation.

In a digital world, it’s easy to think we’re having conversations because we’re communicating with one another. But there’s no substitute for being in the moment with a live, back and forth, give and take conversation with real-time facial expressions and tangible emotional engagement.

And remember – it’s cheaper to keep a client than to find a new one. Beyond lost revenue, you’ve just cost yourself the time and resources to cultivate new business.

Wednesday, October 24, 2012

Making a Difference


By Grant Wright, CEO

At (W)right On, there are principles by which we operate that we call our Core Values. They’re how we roll, or try our best to.

Written some years ago, they have evolved a bit, sometimes to add greater clarity and sometimes to simply articulate a new Value that through experience was realized to be there all along.

It’s # 3 – “We are inspired by our clients” - that prompted me to write this today. Well, part of its precept actually: “We choose to work with people who and organizations that are visionaries, leaders and changing the world for the better…”

This notion largely relates to another belief, that life is short and there are far more great things to do than we have time (a precept of Value # 13 – “We act with a sense of urgency.”) So at (W)right On, while remembering the bills that still need paying and all other things being equal, when we can turn our team’s capabilities toward maximum good, we should, and do.

While we have other great stories and outcomes for our visionary for-profit clients, over the years there have been numerous not-for-profit organizations we’ve been privileged to support. Currently, these include Toward Maximum Independence, The Roddenberry Foundation, New Haven Youth & Family Services and Tri-City Hospital Foundation, to name just a few.

Toward Maximum Independence is a nonprofit agency with a long standing reputation for “best practices” in providing personalized assistance to people with disabilities enabling them to live, work and participate in their communities. The positive attitude and work they and those they assist do everyday is extraordinary, and personally inspiring.

The Roddenberry Foundation, founded and chaired by Rod Roddenberry, son of Star Trek creator Gene Roddenberry, for its part has a vision of supporting efforts to expand new frontiers for the benefit of humanity.  Focused on the four pillars of the Environment, Science & Technology, Humanitarianism and Education, its Roddenberry Center for Stem Cell Research at Gladstone Institutes was established one year ago. A couple weeks ago, Dr. Shinya Yamanaka, who divides his time between Japan and the Roddenberry Center, was awarded the Nobel Prize in physiology or medicine for his stem cell research discoveries. How cool is that? And how profoundly privileged is (W)right On to help carry on the Star Trek legacy established by Gene Roddenberry so many years ago?

New Haven Youth & Family Services is yet another organization making a difference. Established in 1967 and having helped more than 15,000 families to date, today New Haven is transforming lives for at-risk adolescent boys through an innovative education model that supports troubled youth, guiding them from despair to hope. Every young person they help not only helps them and those around them, but helps the community today and for the long term. It’s truly win-win.

Tri-City Hospital Foundation was established in 1964 with a mission of inspiring community health and wellness through support of Tri-City Medical Center. Recently I had the opportunity to trial for a few minutes Tri-City’s incredible new da Vinci Robotic Surgical System in part made possible by the Foundation. Humbling, to say the least. (No human or anything else was harmed in the process!) And while Tri-City helps thousands every year, it made a difference in the life of Caleb, and through a new law and its own ‘Code Caleb’ now other newborns that you should read about.

Each of these organizations I do injustice by mentioning them so briefly, and there are many others. I hope you’ll take a moment to check them out, and in a world all-too-focused on pop culture, or the latest talking head on what used to be legitimate news channels, think about what really matters to you.

There are many worthy organizations, and I hope we hear from you on the above or any of the other great things you know of going on around us.

And if you’re curious what the rest of WOC’s Core Values are, shoot me an email at gwright@wrightoncomm.com.

Thursday, April 9, 2009

If the economy gives you lemons, open a lemonade stand



Researchers from the Stanford Business School recently published the results of an experiment conducted with a children's lemonade stand. And the results were conclusive.

Three signs were used to advertise. One said, "Spend a little time and enjoy C&D's lemonade." Another read, "Spend a little money and enjoy C&D's lemonade." And the third sign read, "Enjoy C&D's lemonade."

The sign that mentioned time attracted the most customers and the most money. Fourteen percent of passersby stopped to buy and spent an average of $2.50 in response to this sign.

Only half that volume, seven percent, bought when the "Spend a little money" sign was displayed, and the average amount spent per glass dropped to $1.36.

Conjuring up a personal connection to an experience versus a promotional message focused on cost is more likely to resonate with consumers and produce sales.