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ratings:
Length:
49 minutes
Released:
Sep 16, 2021
Format:
Podcast episode

Description

IN THIS EPISODEDo you have LOYAL customers?
What does loyalty mean to you? Is it a destination where happy customers, who love what you do, gather to bathe in the success that your product or service has brought them? Or is it more than that…? Rather than a destination, is it an on-going journey of moments that inspire your loyal customers to commit to you, time and time again, whilst shouting from the rooftops to all who will hear their recommendation to work with you?
How often do you find yourself telling your clients that you are different?
And, when you are comparing your business to your competition, could you - hand on heart - say that you truly offer something that no one else does?
The likelihood is, as we’ve said so many times here on KAMCast, is that the real difference is in you, our team and the EXPERIENCE you provide your customers.
In a journey of moments, how well do you craft an experience that inspires your clients to commit data, time and eventually money before starting the whole cycle again?
Do you deliberately and intentionally inspire the emotions YOU need in your clients to motivate them to WANT the products and services you can offer?
In this episode, I am joined by Drew Davis, bestselling author and internationally acclaimed speaker. He was dialing in from across the pond, so you’ll have to forgive the odd connection glitch in the matrix on the recording!
HIGHLIGHTS FROM THIS EPISODE:  In our conversation, we look at how Key Account Managers need to be thinking more like marketeers in the way they inspire their key clients - constantly engineering what Drew calls ‘The Loyalty Loop’ for repeat business and account growth.
You’ll hear us talk about the 7 key drivers of the Loyalty Loop and how we can create a series of customer interactions/encounters that leave an impression. (Which ultimately grows the revenue with your key accounts.) Listen to the full episode to hear the detail.
The drivers are:
Raise anticipation
Maximise the honeymoon phase
Re-inspire them
Answering their trigger questions
Scale comradery (at KAMGuru we refer to this as KAM being a team sport)
Remove friction from the experience
Crucial concern (YOU HAVE TO LISTEN TO THIS ONE)
Through our really interactive discussion we talk about:
identifying moments of commitment
engineering the emotions you need your customers to feel at the right moments in the customer journey (Drew suggests quite simply for you to attach the appropriate emoji to each interaction to gauge if you’re getting it right for the customer)
how KAM, as a team sport, maximises the value of your brand-to-person relationships (getting the sales and marketing team to work with you on the customer's journey of moments)
where to start to craft different experiences that see you really standing OUT from your competition

My reflections from this episode…  I really loved the 7 drivers of the loyalty loop. I feel like they help us focus our attention on deliberately engineering a seamless and ongoing journey of interactions the leave an impression, increase customer growth and retention and leave a legacy that you and the team can be proud of.
One of my big takeaways was a confirmation that if you create a great experience and concentrate on loyalty - you get more of the clients you want and charge more for what you do because the experience is different

Your reflections from this episode…  When you think about your customer experience… the big moments, the little moments, the micro-moments… how are you engineering the interaction to evoke the right emotions for the right results?
Do you consistently and repeatedly inspire your key customers at the right times, to trigger moments of commitment that reward you with data, time or money?
How do you truly differentiate from your competitors?
As a sales team, are you working to a finite game in a race to this month’s targets and objectives? Or... do you see the key customer...
Released:
Sep 16, 2021
Format:
Podcast episode

Titles in the series (28)

A show hosted by me, David Ventura, a specialist in training, educating and consulting on practical strategies for harnessing the power of Key Account Management (KAM) in SME’s today. I am also the principal KAM consultant and Managing Director of www.kamguru.com. In a world of diminishing customer loyalty, what can business leaders do to retain their top customers, while still adding value. In this podcast I explore some hands-on tips and tactics you can implement today – to remarkably shift your sales culture in your business. The episodes are designed to challenge your thinking and preconceptions of “sales”. They will teach you techniques for: - protecting your most important customers from competitors; - building & maintaining profitable partnerships with your key contacts; & - developing the strategies, systems & skills to deliver customer growth (i.e. identify, retain and grow your top ten customers). I am joined by business leaders who have learnt to radically shift their culture and attitude towards sales, and empower their business with the ability to grow rapidly from within. I also invite experts in the fields of leadership, coaching and customer experience to share their insights into the psychology of sales, organisational culture and leading business growth. In the modern, digitally-heightened business world we operate in today, can you afford to be flippant about your top customers, and why they choose to work with you? No, you cannot. I invite you to subscribe to KAMCast and listen openly as I challenge you to reimagine your customer success protocols and relationship strategies.