Provide a Rewarding Experience for Your CustomersStep Four: Journey of Trust
Step One - Journey of Discovery
Step Two - Journey of Inspiration
Step Three - Journey of Excitement
Step Four - Journey of Trust
You have got your customers’ attention through your innovative marketing, you have dared to be different. Then you inspired them when they first entered your business and when they have purchased it has been an exciting and rewarding experience. Now it’s time to win
customers’ trust so they keep coming back.
One of
most important issues for retailers is a lack of trust by consumers. In
U.S.A. consumers do not trust businesses and in recent Australian surveys 69% of respondents mentioned they do not trust big business. This is a huge opportunity for independent retailers.
During
90’s we saw independent retailers lose market share to
large box store retailers who could purchase at a better price and pass
savings on to
consumer. Independents found it difficult to compete, but now
game rules are changing.
Large retailers are still able to buy on price, but consumers now prefer to trust small, local, independent businesses that have a trust strategy. Small businesses now have a unique marketing tool,
‘trust’ factor.
The “Trust” Factor The key is how you use this tool to your advantage. If you are perceived as a trusted business you have an opportunity to expand your market share. Customers talk about trusted retailers.
What can you do? Consider
following actions:
1.Name Badges A garden centre owner in New Zealand recently changed his name badge to say “John Smith, Proud Owner”. This small detail has made a difference. One of
most common comments he has received is “I did not realise you were a small business, I thought you would be part of a chain”. Research carried out by Shopper Anonymous in Australia indicated that people who wore name badges were perceived to provide 15% better customer service.
2.Promote Promote
fact you are a locally owned business in your adverts and at
entrance and exit to your store. Remind customers and thank them for supporting ‘local’.
3.Team Information Place certificates and photographs of
team near
checkout. This provides
personal touch and also promotes
knowledge of
team.