Feb 18 2009
HIGH TRUST WINS IN TODAY”S LOW TRUST MARKETPLACE
Is Trust An Evasive Quality?
A fictional exchange—–
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“Listen, Dr. J.M., it was like pulling teeth here to get my manager to get this deal done for you today; we don’t usually…”
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“Trust me, Mr. Ripsuoff, you don’t ever want to pull teeth!”
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“Hey, why should I trust you? You’re a dentist. I only trust dentists when I’m in the chair! Ha! Ha!”
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“Well, why should I trust you? You’re a car salesman. I only trust car salesmen when they’re at home asleep! Ha! Ha!”
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Trust does seem to be an evasive quality these days, but –simply for that reason– it IS what customers, clients and patients want most. In fact, it’s surprising but true that with most people buying into media exaggerations of economic woes, that more customers are actually in search of trustworthy businesses and sales reps to do business with than they are in saving a few dollars.
The bottom line is that the most desireable commodity a business can offer in today’s low trust-dominated industrial and consumer marketplaces, is high trust!
Okay, this is not a huge problem for long-established companies, say 50-100 years old. But because high trust has a lot to do with reputation, high trust pursuit is clearly an issue for young and new companies.
So you’re young or new, whaddaya do? [Sorry, the poet surfaces occasionally.] First, you forget everything you ever knew about bending over backwards for customers, clients and patients because now you need to go one better and virtually stand on your head for them. It’s possible, but unlikely you could ever over-communicate with them.
I’m not talking about running your mouth; I’m talking about using frequent website updates, and blogs (because blogs attract increased search engine rankings which attract website visitors and interaction which attract sales), and emails, and telephone follow-ups and “how goes it?” calls. And, by the way, NOTHING beats a personal handwritten note!
In its heyday, IBMs motto was that
“The sale begins after the sale is made!”
Service. Good service enhances reputation. Voila! Reputation unlocks the high trust treasure chest. Who cares? You should.
“The demand for transparency,” says online publisher Angelique Rewers, “is at an all-time high.” No longer, she says, do we have the luxury of communicating different messages to different audiences. The instantaneous mindset of the social media revolution has changed this landscape, probably forever.
As a young or new business, this means speaking the truth with a single and consistent voice to all customers –internal as well as external– ALL of the time, without exception.
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“The price of freedom is eternal vigilance!” [Thomas Jefferson]
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