Wednesday, May 14, 2008

The Greatest Business Secret in the world can be best learned by the farmer with 3 pigs!

Dear Friends,

Once upon a time...there was a farmer.

He had 3 female pigs, sows, and he wanted to mate them.

He loaded the three sows into the back of his pick-up truck and headed to see his neighbor who had the bores.

As the sows and bores were getting to know one another the first farmer asked, "how will I know if my pigs get pregnant?"

The second farmer replies "they'll roll in the grass if it takes, or wallow in the mud if it doesn't."

The next morning the first farmer woke up early to look out back to see if the pigs were rolling in the grass or wallowing in the mud.

They were still wallowing in the mud.

So, he loaded them back up in his pickup and took them over to the bores for a second visit.

The following morning he looked out back and he saw they were still wallowing in the mud.

Undaunted he loaded them up, once again, and drove them over to visit the bores.

The next morning the farmer was away from the farm so he calledhis wife and asked, "are they wallowing in the mud or rolling in the grass?"

She looked out back and replied, "neither, two of them in are in the back of the pickup and the third one is up front blowing the horn!"



Now if I just told you what the Greatest Business Secret in the World was, you might yawn and say, "I know that" and forget about it.

The reason it's been called a secret is...well, let me ask you this: "How is business out there?"

How do you feel you're often treated as a prospect, customer or client?

It must be a secret because remarkable service is more the exception than the rule.

So what lessons can we really learn from this silly little story.

Here we go:

  1. Every behavior has consequences.
  2. Future behavior is largely dependent upon consequences of past or current behavior.

In our story, the pigs were taken to visit the bores, the behavior.

They liked it, the consequences. They wanted to do it again and again

The lesson:
YOU GET MORE OF THE BEHAVIOR YOU REWARD.

When a customer calls, visits, inquires about your service he is behaving like your customer.

If you don't reward him he will begin to act like someone else's customer.

All success in business applies to this lesson.

The greatest secret in the world:
THE REWARDED CUSTOMER BUYS, RETURNS AND TELLS OTHERS.

Here are a few "Movements of Truth" or service opportunities to REWARD your customers. They are taken from Dr Michael LeBouef, author and Quality Service guru from Louisiana State University...

  1. When a customer appears, calls, inquires…reward with prompt, courteous attention.
  2. When a customer is angry...reward with kindness, empathy and understanding.
  3. When a customer has special needs...reward by customizing.
  4. When a customer is indecisive…reward with a specific solid recommendation.
  5. When a customer has objections...reward by acknowledgment and then build value.
  6. When a customer has buying signals...reward by reinforcing.
  7. When a customer refuses to buy...reward with polite appreciation.
  8. When a customer complains...reward with fast, positive action.
  9. When a customer will be disappointed…reward with positive perks.

How ever you do it just remember the Greatest Business Secret in the World.

The rewarded customer buys, returns and tells others.

Thanks for spending 3 minutes with me.....
The best is yet to be!



On Your Team
Jeffrey Stanton
Your Trusted Advisor For Life


One of the fastest ways to build a successful referral based business is by training. Now, with me, I like to invest significant time immersing myself in training, while some people prefer to take it in bite-size chunks. Whatever your preference is, now is the best time to contact me.

If you have found this tip useful, please share it with any friends, family, colleagues and associates who you think will be interested. Feel free to print it (with credit and subscription information) and continue to enjoy the tips. I am always grateful for any comments, criticisms or other feedback that you may have. Please send them to feedback@jeffreysjournal.com

1 comment:

Anonymous said...

Useful, good information, as usual. Thanks.

Fran Ottino

Legal Stuff

CNE is a registered tradmark of Negotiation Expertise,LLC
JeffreysJournal.com. Your Professional Development and the information contained in/om http://www.jeffreysjournal.com/ , www,YourprofessionalDevelopment.com is the sole property of Jeffrey Stanton. the information contained is opinion only and should not me taken as legal or profesional advice. This website may not be duplicated whole or in part with out written permission.
This Site is not affilated with any othe web site and my contain links to outside web sites and is not responsible for other web sites content.

Certain statements contained on this blog may be deemed to be forward-looking statements within the meaning of the federal securities laws. The words “anticipate,” “believe,” “estimate,” “expect,” “project,” “plan,” “forecast,” “intend,” “goal,” “target,” and similar expressions identify forward-looking statements that are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, the effect of economic and market conditions including industry volumes and margins; the level and volatility of interst rates; the Company’s hedging strategies, hedge effectiveness and asset and liability management; the accuracy of subjective estimates used in determining the fair value of financial assets ; the credit risks with respect to our loans and other financial assets; the actions undertaken by both current and potential new competitors; the availability of funds from lenders and from loan sales and securitizations to fund mortgage loan originations and portfolio investmetns; the execution of growth plans and ability to gain market share in a significant market transition; the impact of disruptions triggered by natural disasters; the impact of current, pending or future legislation, regulations or litigation. The statements here are not offeres to extend credit as defined by Regulation Z. Rates, Programs, & Availability of Credit is subject to change

Jeffrey S Stanton
DRE ID # 01865119