What Your Customers Really Think

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Marketing Sherpa provides great information and guidance on what works, and doesn’t, in all aspects of marketing.

They recently published a chart reflecting the results of a poll conducted with webinar attendees. The results, if you’re a vendor, should be eye opening.

Why do you lose business? Why does your customer loyalty stink? The lie we tell ourselves is that our competitors offered a superior price. The truth? Our service sucks.

If you’re into pain, take a look at the following chart and link through to Marketing Sherpa’s analysis (but be forewarned, they only make these results publicly available for a limited time…):

Source: Marketing Sherpa - Customers & Vendors Disagree on Loyalty

Source: Marketing Sherpa - Customers & Vendors Disagree on Loyalty

Marketing Sherpa’s Analyis: http://www.marketingsherpa.com/article.html?id=30719

It’s easy to blame the boogeyman of price. We do it all the time with outsourced services and offshore products but in the absence of justification for your higher prices – i.e., the extreme competitive advantage that superior service provides – then everything becomes a commodity. So if your service sucks and your prices are higher than your competitors, be afraid, be very afraid.
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