According to Vernon Hill, customers want to do business with companies where people smile, where they have a sense of humour, and customers will pay more to do business with those companies.
A smile is a universally understood gesture that knows no limitations.
Whether it’s in person, over the telephone or in written form, how many times do you smile each day? When we smile to our customers, we are making a connection, building trust and loyalty. When customers feel as though they are just being processed, you lose this connection.
I say over the telephone and in written form because even through these mediums a person can tell if there is emotion behind the words.
Vernon Hill, entrepreneur and founder of a new style of retail banking in the USA, says that banks should rely on service rather than interest rates to attract customer deposits.
Hill founded Commerce Bancorp in 1973, basing its business model on ideas borrowed from retail giants such as Target and Gap, businesses staffed by front-line employees who ‘wowed’ customers with smiles.
He changed the way the American banking system did business with its customer, issuing credit, debit and ATM cards on the spot, replacing the term ‘branches’ with ‘stores’ and operating a seven day a week operation staffed with customer service driven employees.
Founding the company with a single branch valued at $1.5 million, the enterprise quickly grew, eventually sold for $8.5 billion.
The concept of great customer service to grow your business is simple. So why aren’t more organisations doing it. Simple, as Hill describes, they just don’t believe in this idea, it’s the ‘too good to be true’ response.
Hill believes that organisations can’t imagine delivering great service and offering things for free whilst still being able to make money. “What they just don’t get is that customers want to do business with companies where people smile, where they have a sense of humour. And customers will pay more to do business with those companies.”
A great entrepreneur will look at the whole picture and have an ability to respond quickly said Hill. Big organisations only look at the parts. And big company executives simply have an aversion to going out on a limb.
It’s not about being the ‘best’ at something, Hill’s entire career has been built on his commitment to be ‘the most of something’, the most convenient, the most responsive, the most customer-friendly.
Hill has shown that in most cases, it’s not about how deep your pockets are but how innovative your idea is.
Here are five ways you can provide your customer with great customer service:
- Smile
- Be friendly
- Do as much as you can for them
- Look for a connection
- Keep your promises
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