“Obsess About Your Customers, Not Competitors” by Lior Arussy (DestinationCRM.com, August 2011). I hate to say, “I told you so,” but I told you so. Just check the AU Success Realized page and you’ll see it in black & white, literally.
That said, it’s not rocket science—just stop for a moment and think about how you think. Do you differentiate one brand experience from the next? Not usually, right? Bad service is bad service and great service is great service. Keep in mind that there is always a brand on your tier (or lower) that is willing to raise the bar. If that brand isn’t you then you will forever be playing catch up. If Guests don’t care about silos they certainly don’t want to hear excuses either.
Again, think about it. You’ve done it yourself. You’ve taken a lower tier brand experience and applied it up a level or two. Your competition isn’t just to your left and right, it’s behind you too. When was the last time you looked behind you? As for inspiration…it’s right in front of you. It’s every time you leave the house.
There are two essential bits that I want to pull from Loir’s article:
“Naturally, those experiences shape his expectations. This person’s definition of a great experience is influenced largely by the vendors that serve him. Welcome to your new competitors—the best-of-the-world companies that are obsessed with customers, not competitors.”
“Don’t let industry thinking be an excuse for inferior customer experience. The ultimate competitive advantage will not be achieved by making product-to-product comparisons or catching up to the next vendor. Rather, a true edge will be achieved when customers are standing in line to purchase from you.
Indeed, customers will vote with their wallets. So it is time to immerse yourself in their world. Measure yourself against the best vendors in the world serving your customers. Ask yourself this: When my customer has been asked to spend $10,000, how has he been treated by the vendor?”
Thanks Lior. Thanks for further validating the Alchemy United state of mind.