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Show Notes

DOWNLOAD. LISTEN. ENGAGE.

S12 E69-72 (HOLDING YOUR BEST ACCOUNTS) - INSIDE THE CUSTOMER WITH WILLIAM EASTMAN

15/2/2023

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Did You Know?
  • The best opportunity to grow your business after a recession is being first
  • The goal of any contraction is to clean out bad investments & poorly run company's
  • Being first means you can get a jump on the remaining competition
This is about taking the customer relationship to the next level. Your company has developed specific areas of competence that the customer might not possess and provides an opportunity to share  and help customers to learn from your experience.
​

Show Objective
Given the shows on creating Data-Based Relationships, create a plan to bring your expertise inside the customer to help make improvements and recession proof their business.

EPISODE 69 Summary (support podcast)
​Every company is required to develop several core competencies to become successful. Those core competencies are specific to an industry and market. That means not everybody is good at everything. It is the same for your business. What if you help customers develop competencies you have that would enhance their business?

There isn't an exact formula for moving to this next stage of the relationship, only a some conditions are present - a matter of timing: (1) you have as much of their budget as possible for your suite of products and services, (2) they are very satisfied with your offer and the nature of the relationship, (3) you have observed or been made aware of areas your competence will help, (4) established positive relationships with key decision makers.

Topics:
  • Analyze and Report on the relationships
  • What do you have to share that a customer would benefit from?
  • Getting started
​
IMPORTANT SUPPORT IS NOW AVAILABLE - Next Tuesday at 1PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about Holding Your Best Accountss. Click Here to Reserve a Seat.

Tags: recession proofing your business, most profitable customers, holding best accounts, customer retention, managing by data, customers, promise gap, process quality, delivered quality, reliability, recovery, assurance, empathy, IBGR, IBGR Network, William Eastman

EPISODE 70: What Does The Customer Data Tell You About The Relationships? (support podcast)
We started 4 weeks ago focusing hard on the concept of data based relationships. Look at this with the same priority as keeping good financial records. At first the customer data will look scattered and not produce any insights other than establishing a history. Then it will change, soundenly you will move random bytes of information to  patterns and finally trends.

You can't get there if you don't start with systematic data collection - a CRM system. Use this data to first improve the sales and delivery relationship, then take it to the next level - helping them.

Topics:
  • Promise Gap
  • Recover Gap
  • Personnel Gap
  • Results Expectations
  • User-Friendly Expectations
  • Doing Business with You Expectations

IMPORTANT SUPPORT IS NOW AVAILABLE - Next Tuesday at 1PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about Holding Your Best Accountss. Click Here to Reserve a Seat.

Tags: recession proofing your business, most profitable customers, holding best accounts, customer retention, managing by data, customers, promise gap, process quality, delivered quality, reliability, recovery, assurance, empathy, IBGR, IBGR Network, William Eastman

EPISODE 71: How Does Your Core Competence Match Customers? (support podcast)
A quick review of core competence. It is simply something your business does differently than the competition and you use it to win and hold business.  One way you can look for your unique strengths is using the balanced scorecard: is there something you do in managing finances, developing systems and processes, finding and dealing with customers, or handling your employees you can share?

Topics:
  • Financial Performance
  • Lowest Cost Producer
  • Customer Enthusiasm
  • Discretionary Performance

IMPORTANT SUPPORT IS NOW AVAILABLE - Next Tuesday at 1PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about Holding Your Best Accountss. Click Here to Reserve a Seat.

Tags: recession proofing your business, most profitable customers, holding best accounts, customer retention, managing by data, customers, promise gap, process quality, delivered quality, reliability, recovery, assurance, empathy, IBGR, IBGR Network, William Eastman

EPISODE 72: Where & How to Start (support podcast)
Start with positive relationships that you have built and improved through data collection. If a relationship has gone through rough periods and now is great because you measured and fixed it - all the better. You have demonstrated this as a strength and something they have experienced.

Keep one thing in mind. Your 'Report' was not requested and might put the owner/executive in a defensive position. Make clear, if you suspect they see this as another sales pitch, what you are offering is not what you sell, it is out of concern for them.

Topics:
  • Start with Improving your relationship
  • Review all of the customer data
  • Create an Report on Improvement Recommendations
  • Arrange a Meeting with the Owner - Neutral Ground
  • Offer to Help

IMPORTANT SUPPORT IS NOW AVAILABLE - Next Tuesday at 1PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about Holding Your Best Accountss. Click Here to Reserve a Seat.

Tags: recession proofing your business, most profitable customers, holding best accounts, customer retention, managing by data, customers, promise gap, process quality, delivered quality, reliability, recovery, assurance, empathy, IBGR, IBGR Network, William Eastman
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        • An Epic Business Exit
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        • Exitology
        • The CFO Perspective
        • The Entrepreneur's Edge
        • The Smart & Savvy Business Exit
      • FINANCE >
        • Business Econ for a Post Pandemic World
        • Economics For Owners
        • Employee Capitalism
        • Money Matters
        • Practical Solutions to Difficult Problems
        • TurboCharge Your Business
        • Your Money Machine
      • HR / PEOPLE SKILLS >
        • Business and Beyond
        • Business Processes & People Talk
        • Equipping Others
        • Staff It!
        • Success Can Be Fun - With Focus!
        • The People Side of Business
        • Women of Business Thriving
      • INTERVIEWS >
        • Get You Noticed!
        • The Referral Guy Interviews Your
        • The Magnetic Voice
      • LEADERSHIP >
        • Compassionate Leaders of Influence
        • Destiny Road
        • Engaging Your People For Success
        • Leadershift with Col Ajai Lal
        • Leadership Powered by Common Sense
        • Influencing for Global Impact
        • Talk Leadership with Cedrick on the Radio
        • Your Corporate Confidante
      • MARKETING >
        • Building A Multilevel Marketing Empire
        • Level-Up Your Marketing
        • No Nonsense Market Domination
        • Buying Customers
        • #Seriously Social
        • Results Oriented Marketing
      • MINDSET >
        • Building Success Habits
        • Building You to Build Your Business
        • Entrepreneurial Mindset
        • Peak Impact Mentorship
        • Guidance To Wealth
        • The Hero Within
      • OPERATIONS >
        • Build It!
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        • Building In Front of Your 2
        • Lead Lean
        • Pencils & Pistons
        • Planning Out Loud
        • Processes Under Control
        • The Ralph Peterson Radio Show
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        • Beyond The Method Selling
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        • Sell It!
        • Serving Up Sales
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        • A Business Primer for Startups
        • A New Business Model For Startups
        • Adulting In My Purpose Business Edition
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        • Creating A Consulting (Improvement) Business
        • How To Start A Consulting Firm
        • Survival Mode
        • The Geriatric Entrepreneur
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        • Z Gen Entrepreneurship
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        • Better Your 4 U
        • Build Your Core for Dynamic Partnerships
        • Grow It!
        • How to Avoid Becoming the 80%
        • How To Become the Top 5%
        • How to Move Beyond the 15%
        • Living the Life .. On YOUR Terms
        • Own It!
        • ReImagine Your Business
        • The Business Owner's Bookshelf
        • The Self Managing Organization
        • Tenacious Top of Mind Business Insights
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      • Bert Robinson
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      • Ellen McIlhenny
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      • Jeremy Gray
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