Are You Giving Platinum Service To Your Customers?

Why The Platinum Rule Matters Beyond Your Customers

We all know the golden rule, “Treat others the way you’d like to be treated.” Well, I have been thinking a lot lately about another rule. I call it the Platinum Rule. The Platinum Rule is about treating others the way they want to be treated, not the way you think they want to be treated. For a high volume business this may be hard to achieve, but may well be worth it. Look at Zappos, the successful  online shoe company. They have a reputation for “Platinum-Like” customer service.

For the professional service-based business, the Platinum Rule is definitely achievable and an all-around win for everyone. Think about it. Your customers are happy because they are being treated how they want to be treated. And, happy customers tend to refer more customers your way. More customers = more sales and revenue.

I think the best way to find out how your customers like to be treated is to ask them. I am a big fan of SurveyMonkey.com. I think you can also apply the Platinum Rule to your vendors, employees, and partners. After all, isn’t the Platinum Rule really about being considerate of others? Isn’t it about understanding what their needs and wants are and empowering them to succeed by meeting those needs and wants?  When you empower those around you, it makes for a positive and uplifting environment. Who doesn’t want to be in a happy workplace?

What are your thoughts on the Golden Rule versus the Platinum Rule? Are you already using the Platinum Rule? Please leave your comments below.

CARE About Them

I used to work in the real estate industry and for many years the Brokers held the keys to the kingdom, meaning that only THEY had access to the listings. Today, the power lies in the hands of the customer with access to mountains of information on the internet.  Yes, the business world is continuing to change at lightening speed. With information being indexed, categorized, organized, systematized, ranked, tweeted, posted, podcast, videoed, etc., it is the customer who now sits on the almighty throne with access to all this data. Not a day goes by that I don’t receive a comment from a small business owner trying to understand how to make sense of all this.

It starts with VALUES

Zappos, the online shoe company understands this very clearly.  They VALUE the art of caring. Their customer service department lies within their marketing department. In other words, what most companies would spend on marketing and advertising, Zappos spends on taking care of their customers. It’s one of the reasons why they were able to scale so quickly and position themselves to be sold to Amazon for over a billion dollars.  One of their customer service phone calls lasted six hours. Yes, it’s built into their business model. Paying an employee to chat with a customer is a lot cheaper than spending hundreds of thousands of dollars on manipulative advertising. You know the deceptive formula. Pay famous celeb or athlete millions of dollars to promote, use, and wear, product and YOU (customer) will begin to feel, look, think, and act like that famous celeb or athlete too.  Zappos is way ahead of the curve, an early-adopter. They know that customers are tired of the non-stop bombardment of ads. That’s why TiVo is so popular. Actually, Zappos is just displaying good old-fashion customer service built into a profitable business model. Let the customer try as many shoes as she wants and send the ones she does not like back to Zappos.  Good old-fashion customer service — seems to be working for them.

Best Buy gets it too. They too VALUE the art of caring.  That is why you see a Best Buy greeter at the entrance of every Best Buy store.  They know we want to be acknowledged when we enter their domain. Their employees are trained to validate our egos every step of the way as we ask the endless train of questions on the latest geek gadget of the month.  They even take back our broken electronics when bought from a different store location without a receipt. Why? Because they know how fast geeky guys and gals communicate online and tell all their geeky friends. True story. Happened to me a few months ago.  It was the most positive retail experience I have ever had in my entire life.  In today’s business environment, happy customers tell their friends online. Unhappy customers tell the world online. Take CARE of your customers.

What about YOU? What are you doing to take CARE of your customers? Do you VALUE the art of caring? I think we all have room for improvement. I know I certainly do. Any thoughts? Please post your comments below.

UCLA Graduation 2010 History Department

Do You Have An Aptitude For Business?

I attended my nephew’s graduation ceremony from UCLA this past weekend and the businessman who gave the commencement address carried my memory back to when I was graduating from college.  He gave me much to ponder about my own personal journey towards becoming an entrepreneur. You see, my nephew has graduated with a Liberal Arts degree in History and the commencement speaker holds a degree from History too.  The point he was making is that just because you get a degree in a non-business school does not necessarily mean you won’t end up working for yourself someday. Nor will you keep the same job for long in today’s rapidly changing business environment.  I obviously did not know that I had an aptitude for business, networking, sales and marketing, customer service, self-motivation, strategy, and leadership the day I graduated from the College of Communications at the University of Texas in Austin.  I guess I should have known had I been paying closer attention to what interested me and what activities I was drawn to. The signs were there all along:

• Spear-headed the occasional summer sno-cone stand in my neighborhood (self-motivation and sales & marketing.)
• Thrived in sports competition since grade school (strategic.)
• Captain of the Varsity volleyball team in high school (leadership.)
• Could not wait to get my first real-paying job as soon as I was old enough to start working, which was the local grocery store (self-motivation.)
• Fired from the local grocery store in high school because I was spending too much time talking to the customers (networking.)
• Always had a dream of doing something on my own even though I had no idea what that would be (entrepreneurship.)
• Ignored people (teachers, bosses, aunts, uncles, neighbors, etc.) in positions of power whom I perceived to be incompetent (self-confidence.)
• Received numerous awards for outstanding customer service as a flight attendant for major airline company. (This was my first job right out of college.)

What Has Been Your Personal Journey Towards Entrepreneurship?

I believe there is not one RIGHT path to entrepreneurship.  I meet hundreds of small business owners every year and I am always intrigued and interested to learn how they decided to go work for themselves.  Personally, I can definitely say that I have grown into becoming a business woman over the years. Let me give you an example. Upon graduating from college, I had a yearning desire to travel the world. I wanted to experience other cultures, places, food, and people. So, I became a flight attendant for a few years. While flying the friendly skies, I had my first real business experience with cutting costs. The CEO of the airline decided to cut out the olives in the salads in First and Business Class travel. That seemed like a minor decision. However, that one decision saved the airline $40,000 a year! That was chump change to a very profitable airline, but it nevertheless was an expense that was removed, which meant every expense mattered.  Obviously, one could argue that the CEO should have renegotiated the olive contract with the supplier. Or, he should have found a cheaper olive vendor that wanted to expand market share. The story here is that I learned a lot about business from being a flight attendant. Not because it was the airline’s intention, but because by the time I graduated from college, I started to pay closer attention to everything around me. I was observant. I learned a lot about company culture, branding, customer and employee attitudes, diplomacy, top-down leadership, how upper-management was perceived by the laborers, procedures, etc. I also learned a lot about myself and one thing was clear. I was definitely not the corporate type. How about you? When did you decide to become an entrepreneur? When did you realize that you could no longer work for someone else? What was the turning point for you? Did you always know that you wanted to be an entrepreneur? I Would love to hear your story! Please post your comments below.

I SEE YOU

There’s no doubt that the movie Avatar has captured the imagination of millions. So what does a Hollywood film have to do with business owners? Three words: I SEE YOU. In the movie, Neytiri of Pandora looks straight into Sully’s eyes and says to him, “I see you.” Three simple words, yet such profound meaning. Now think about that for a moment. Imagine taking the time to say that to our customers, our vendors, our employees, our subscribers, and our partners.  My observations and life experiences lead me to believe that people have a desire to be acknowledged and treated with dignity and respect. Once you understand that, then you are in a position to better SERVE the people around you whether it be employees or customers. I realize that sounds so obvious, but I am amazed at how oftentimes, businesses just don’t seem to care. By saying, I see you, Neytiri  acknowledged Sully, she validated him, and she showed him that she cared.

I see you means so much more than its literal connotation. It means:

• I am listening to you, Partners, Affiliates and Vendors
• I understand your needs and wants Mrs. Customer
• How can I empower you, Employees
• How can I help you Fans, Followers, Friends
• How can I support you, Subscribers to my blog
• What can I do to serve you, Database of Prospective Buyers
• How can I thank you, Donors

I See You is about the Platinum Rule

Ultimately, I see you means, I am here for you . I care about you. It’s about understanding the needs and wants of the people around you. I see you is more than the Golden Rule — Treat Others the way YOU want to be treated. I see you is about the Platinum Rule — Treat others the way THEY want to be treated. Now, you might say that giving everyone the customized attention and care of the Platinum Rule is not cost effective or realistic, but what I would encourage you to think about is how you can better understand the people around you that help make your business successful.  It’s a known fact that people do business with people who they know, like, and trust.  What are you doing to see the people around you so that they rave about your products and services and refer more business your way? How are you showing them that you care? If you are having a hard time answering these questions, then it’s time to ask them whether it be your employees or customers. I recommend using survey monkey, an online survey tool. By surveying your team, customers, etc., you will get the feedback you need to guide you in the right direction. Lastly, unfortunately, this lack of caring does not seem to discriminate, whether it be big business or small business. Here is a perfect example of someone who felt like his airline did not “See Him.”

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Gourmet Food and Wine Tasting

A little over two years ago, I organized a charity fundraiser in my community for children in the foster care system. It was a gourmet food and wine tasting event along with a live and silent auction. The goal was to raise over $100,000.00. Anyone who has ever spearheaded a fundraiser, knows how labor-intensive they are even with hundreds of volunteers. One day, I called on a local French restaurant, Le Bilig and asked the chef if  he would be willing to donate a cooking demonstration class that would be auctioned off during the live auction. He graciously agreed and then signed off on all the paper work that committed him to the cause. The terms stated that the donation was valid for one year. Most donation packages have an expiration date.

Goodwill

Fast forward two years and three months later; I get an e-mail from the high bidder of the French cooking demonstration. She told me that she had never “gotten around” to scheduling the cooking class, which was for twelve people and was hoping she could redeem it now. I then offered to contact the restaurant on her behalf. I spoke to the co-owner, Monica (wife of the chef) and explained to her that I realized the donation had long expired and understood if they said no due to the current state of the economy.  She then shared a short story with me about how she herself had once been the winner of a live auction travel package to Mexico and it too had expired. (She had been pregnant and could not fly.) The donors had denied her request to extend it. She said she remembered having ill feelings about the incident and the way it was handled and therefore, did not want the person making the request of her to feel the same. She then agreed to honor the request being made of her on behalf of her chef husband and restaurant.  Now that is what I call over-delivering! It is no wonder that this little family-owned French Bistro is still in business while many restaurants and businesses are closing shop.  Bottom line? Le Bilig Kitchen CARES! Isn’t that what everyone wants from someone they do business with? They want them to care. Period. That small gesture, which was just a ripple, is going to turn into a tidal wave because of all the goodwill she has now created. That’s a lot of goodwill going around during a time when it is very easy to have a scarcity mentality. Another word that comes to mind is ABUNDANCE. I dislike the overuse of a word and abundance seems to be one of those words that is over used a lot lately, but Monica was definitely coming from a place of abundance.

How Do Your Customers Know You Care?

How are you over-delivering with your customers?  Are you coming from a place of abundance or scarcity?  Are you doing things in your business that will make others talk about your business and create buzz in a positive way? What kind of goodwill are you creating for your customers so that they can go out and refer more business your way? I believe there is a time when small business owners should definitely NOT over-deliver, but I will save that for another blog post soon.

By the way, we exceeded our goal of raising $100,000.00 and were able to place over 20 children in permanent family homes on behalf of Sierra Forever Families.