Posts Tagged ‘relationships’
Relationships and treating customers as partners
Are you focused on flogging stuff or building relationships? The difference is substantial but often misunderstood.
Doug Levy has written an interesting article titled 5 principles of breakthrough success in the “Relationship Era”. Levy talks about the history and evolution of business through the following phases:
Product Era: The focus is solely on transactions.
Consumer Era: The focus is still on transactions, but the idea of trust enters the dialogue as a way to persuade people to transact more.
Relationship Era: Trust between a brand and consumer is mutual. Trust and transactions are seen as distinct, and both are important.
I especially like his succinct principles for a relationship:
Principle 1: Clarify purpose
Principle 2: Commit to sustainable relationships
Principle 3: Connect with authenticity
Principle 4: Treat customers as partners
Principle 5: Engage
My thanks to Sarah Derry #sarahderry for telling me about this article. Read the complete article.
How much do you want to pay for a new customer?
This is a rather compelling argument from those people at TippingPointLabs: $270 per customer, or $52,000 … which would you prefer?
Converting people from conventional approaches and traditional media can be a challenge. But if your business is built around developing relationships read the full article here.







