For convenience reasons I have my business account and my personal account with the same bank. And that’s not due to my deliberate choice. My previous bank was “swallowed up” by this much larger bank during the financial crisis a few years. Not a particularly good start to begin with, although it could have been a great opportunity for my bank on record to make a splash. Well, they didn’t (otherwise I wouldn’t be writing this blog).
Are Sales and Customer Service the Same?
To me, customer service and sales are tightly interconnected. We teach that in our Consultative Sales Certification program. A good number of our clients offer solutions that are often viewed as commodities, such as logistics services, technology solutions, banking. The only differentiator is outstanding customer service, being in touch with your clients and truly understanding and fulfilling their needs. When you don’t serve your customers well, you probably won’t up-sell and in the worst case scenario, you might even lose them. That seems logical, doesn’t it?
The other day I got a call from the business specialist at my bank’s local branch. This is a person that I actually know because I approached him a couple of times with questions about on-line banking. Never, and I mean never has he asked me how happy I was with my experience at the bank or if he could help me with anything else other than tactical advice.
Do You Do Your Research Before You Pick up the Phone?
So, it was to my surprise when my business line rang the other day and that very person, “my” dedicated business advisor, called and wanted to know how I was doing. My first reaction was “That’s nice, they actually care”. That euphoric feeling only lasted a couple of seconds until I realized that he didn’t know who he was talking to. He didn’t connect the dots or didn’t have notes in his CRM system to realize that he had met me on numerous occasions. AND, he had also NOT done his research. A quick look at my LinkedIn page might have triggered his memory – my photo is there. People who have been following my blog know that I write about this all the time. Research, research, research. It’s one of the most important ingredients in successful selling. How are you supposed to add value if you don’t know who you are calling on?
Don’t Call Without a Purpose!
While a bit annoying, it wasn’t the reason why I am writing about this experience. After a very vague introduction to the effect of “Hi, I am your business advisor at your bank”, there was the general question of how my business was doing and whether he could do something for me. When I asked him what he had to offer, it turned out that he had nothing to offer. How could he? He knew NOTHING about my business!
There wasn’t a special promotion, or an offering that would fit my business needs. There was no purpose to the call. One could argue now that it was just a courtesy call, but the fact that he didn’t know who I was in combination with the fact that he knew nothing about my business just bothered me. Don’t get me wrong, it is very nice to check in with your existing customers and just say hello, but only if you actually know them!
Where Can You Find the Best Business Opportunities? … Your Existing Customers!
I am a customer for crying out loud. Look into your database, check my account history, then check my business and offer me something! If you don’t have anything to offer and you don’t know who I am, you are not only NOT adding value to my day, you are actually interrupting it.
Your existing customers are your best source for new business, but there is an art to it. Just calling and saying hello is certainly not the strategy for success.
Without a Purpose, it’s just a Missed Opportunity
We teach the participants in our training programs to prepare for calls, to do research and to have a plan of action. Even the most senior sales or customer service people shouldn’t wing it. It is so rare these days to get people on the phone, so if they actually do pick up – make it worth their time and make it worth your time otherwise it’s just a wasted business opportunity.