Word of Mouth Marketing
Word of Mouth works two ways: there are clients who refer people to you and others who drive them away.
- When customers leave:
· 10% do so for reasons unrelated to your business
· 10% prefer a competitor
· 15% were disappointed by service or product
· 65% didn’t like the way they were treated. - 96% will not complain even though they are dissatisfied
· 90% will not return - Each dissatisfied customer will tell nine other people the sad story
· 13% will tell 20 or more people their sad tale.
Satisfied customers are forgiving: if you solve the problem, 70% of complainants will continue to do business with you; 90% if you discover and resolve the problem first.
Satisfied complainants will tell 5 people how the issue was handled providing you with free PR.
- Be as good as your word: never fail to deliver on a promise.
- Listen before you act.
- Acknowledge the customer and grievance.
- Ask how you can help.
- Listen to the complaint fully, including venting and ask customer to summarize if you don’t understand.
- Repeat the complaint in your own words and ask if you have understood.
- Ask what the customer would like to see happen
- If the customer has unrealistic expectations
· Did they understand your product/service; did you explain it clearly or did you assume they knew how everything worked - Offer what you can and negotiate to a solution in good faith.