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Customer Before Company
Revolutionizing Your Business the Nordstrom Way
Maura Neill, CRS, ABR, CDPE, e-PRO, REALTOR®
about.me/mauraneill
©2014 Maura Neill
WHAT IT MEANS
Customer Before Company
(or not)
“The only thing we have going for us is the
way we take care of our customers.”
~ John Nordstrom,
on what sets Nordstrom
apart from the competition
The Best Policy Ever!
The Best Policy Ever!
Nordstrom Employees:
In Their Words
“I’m a customer-oriented service person. You’re
looking for something, and I’m determined I’m going
to find it.”
Nordstrom Employees:
In Their Words
“If it’s not nailed down, I’ll find it for a customer. I
don’t make commission on [everything], but it’s part
of the service I provide.”
Nordstrom Employees:
In Their Words
“Never judge a book by its cover. If you treat the kid
who is buying a $19.95 belt the same as a
businessman buying a $1,995 Oxford suit, you will be
successful. That kid might become a customer for
life.”
WHEN YOU’RE THE CUSTOMER
Consider This:
Photo credit: “Lady with Luggage” by digitalart on freedigitalphotos.net
Flying the Friendly Skies?
“My goal is to make you happy.”
What is your goal?
Would you like
being your own client?
Be the client.
HEROICS
Photo credit: freedigitalphotos.net
B
E
T
H
E
H
E
R
O
Leigh Brown, CRS
“I took an IOU on a commission on a
house last year to keep the deal
together and to keep my client from
having to short sell. Strikingly enough,
she paid me 11 months later. The other agent
was flabbergasted.”
Dawn Thomas, CRS
“Last month, one of our buyers
brought in their own lender.
Needless to say, a pretty straight-
forward transaction on a jumbo loan went
sideways and several delays, to the point the
husband had to cancel his trip to Europe even
though his wife was going to spend Christmas with
family. I hate the idea of anyone being alone
during the holidays, so I invited him to our house
for a crab feast on Christmas Eve and movies the
next day.”
Shannon Williams King
“We flew a client from Australia on
our dime prior to closing to make
sure she liked the home - and was in
person to sign her closing docs.”
Note: this price point was $400,000.
Nobu Hata
“I drove five hours for four signatures
on a $125K relo deal for the nicest
couple in the world. Incidentally,
that same couple sent me a $15million
commercial buyer.”
Note: Nobu had to give away that $15million
commercial buyer – referral fee-free – because he had
already taken his new position at NAR.
Small gestures?
Create an unforgettable
customer experience
The Experience
The “We” Experience
“The more information I have…the better I can
serve the customer…This isn’t just my deal. It’s
not an “I” experience; it’s a “we” experience.
Photo credit: “Multi Ethnic Team Indoors” by ambro on freedigitalphotos.net
~ Patrick McCarthy – top Nordstrom sales
associate, 15 consecutive years
GOAL SETTING
Client-centric
Incorporate Client-centric Goals
 Happily Closed Clients
 Incoming Testimonials
 Referrals from Past Clients
*Doesn’t have to be warm & fuzzy, but focusing on
these things can help you stay focused more on
your clients and less on yourself.
Define your
money-back guarantee
Proving the Difference
You vs. Them
 What’s your value proposition? Do you even
know?
 How do you communicate your value?
 What’s your “money-back guarantee”?
 Easy-exit listing agreement
 Easy-exit buyer brokerage agreement
 How else do you offer a guarantee?
What sets you apart?
Customer service redefined
Social Media
Even Nordstrom Had To Go Further
Where can
you
get into
trouble?
Where can
you
get into
trouble?
Anywhere
you have
an online
presence.
Social Media Landmines For You
• Always make sure that your
company name and
professional status are
apparent on every electronic
communication you make.
• Be careful about posting
information about your
meetings with clients or other
real estate professionals.
• Don’t complain, brag, or even
talk about your client’s
reactions to property.
Social Media Landmines
for Your Clients
• Have your clients make a list of
all the social media sites on
which they have profiles.
• Warn them about posting
during the buying or selling
process.
• Explain the dangers that social
media can pose to their
negotiations.
• Need a horror story to tell?
What Do These Messages Say?
 “I’m out of listings! Who wants to sell?”
 “I’m in LOVE with my new listing!”
 “Just wrote contracts today for 3 lucky
buyers!”
HOSPITALITY INDUSTRY
Taking a Page From the
Service vs. Hospitality
“Service is the technical delivery of a product.
Hospitality is how the delivery of that product makes
its recipient feel. Service is a monologue – we decide
how we want to do things and set our own standards
for service. Hospitality, on the other hand, is a
dialogue. [It] requires thoughtful listening to the other
person, and follow-up with a thoughtful, gracious,
appropriate response. It takes both great service
and great hospitality to rise to the top.”
~ Danny Meyer, restaurantuer
Turning Over the Rocks
Photo credit: “Fly Fisherman Casting” by joe1642 on Flickr.com
Turning Over the Rocks
Turning Over the Rocks
 Think like a fly fisherman
 Look for the story behind the story
 Collect the dots
 Give your clients a feeling of “shared
ownership”
What Do You Know About
Your Clients?
Raziel Ungar, CRS
Create space in your CRM -OR- a
spreadsheet where you can file
information/jot notes about your clients
Where can you find information/details?
 Facebook
 Your questionnaires
 Your notes
Notes, articles of interest, birthday/anniversary
cards, phone calls, conversation starters
Keeping Client Records
 Expand your database – vertically not
horizontally
 Add details about your current/past clients instead
of cold leads
 Depth and details instead of volume
 Take notes – after meetings, during phone
calls, as you think of them
 Facebook Graph Search
What are they saying?
“We take most of the money that we could
have spent on paid advertising and instead
put it back into the customer experience.
Then we let the customers be our marketing.”
~ Tony Hsieh,
CEO, Zappos.com
Photo credit: “Multi Ethnic Team Indoors” by ambro on freedigitalphotos.net
Your most unhappy customers are your
greatest source of learning.
~ Bill Gates
Third-Party Review Sites
Get Yours Here:
AngelFields@thinkbig4me.com
www.ThinkBig4Me.com
“If We Sell You Well, Tell Others.
If Not, Tell Us.”
Monitoring Your
Online Reputation
 Keep track of sites on which you’ve set up a
profile
 Respond to requests for information, even if
your response is, “I don’t know – let me find
out!”
 Make this a part of your daily and/or weekly
tasks – know what people are saying
VIDEO:
F2F Redefined
Spend a lot of time talking to
customers face to face. You’d be
amazed how many companies don’t
listen to their customers.
~ Ross Perot
Video as Customer Service
 Increase length of time consumers stay on
your site
 Increase your likelihood of being found
with improved SEO
 Build trust and credibility
 Help potential clients feel like they know
you
 Make the initial connection more personal
Incorporating Video
 Lead response videos
 Video updates for clients in transaction
 Community videos
 FAQ videos
 Personal videos – about you, about your
team, about your community involvement
 Videos of client events, charity events, and
more!
Video as Introduction:
Respond to Leads Immediately and Personally
Client Testimonials
Neighborhood Videos
INSPIRING LOYALTY
Follow-Through
 Thank You Note: “Even if it’s the tenth time
I’ve waited on that customer, I don’t thank
him for his business; I thank him for his loyalty.”
 Nordstrom provides its employees with free thank
you notes – plus address labels, postage, etc. – and
encourages them to use them daily!
 Follow-Up Call: “Ninety percent of the time,
they’re so stunned that you called, they
remember you.”
Spend a lot of time talking to
customers face to face. You’d be
amazed how many companies don’t
listen to their customers.
~ Ross Perot
NAR’s 2012 Profile Said…
87% of clients were satisfied with their REALTOR®
and would refer them again
BUT
Only 10% did. Why?
CO-OP(ERATION)
co· op· er· a· tion
/kō äpə rāSHən/ˌ ˈ
-the process of working together to the same
end
-assistance, especially by ready compliance
with requests
When Does Co-op(eration) Start?
MINDSET
...based on experience?
...generational?
...communcation breakdown?
Cooperation or Competition?
Be responsive
Be responsive
Be compassionate
Be responsive
Be compassionate
Be grateful
Impact on the transaction?
...And future transactions?
CONSIDER:
Why Does It Matter?
People.
I’ve learned that
people will forget
what you
said,
people will forget
what you
did,
but people will never forget
how you made them
~ Maya Angelou
feel.
Connect With Me
about.me/MauraNeill

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Customer Before Company: Revolutionizing Your Business the Nordstrom Way

  • 1. Customer Before Company Revolutionizing Your Business the Nordstrom Way Maura Neill, CRS, ABR, CDPE, e-PRO, REALTOR® about.me/mauraneill ©2014 Maura Neill
  • 2. WHAT IT MEANS Customer Before Company (or not)
  • 3.
  • 4. “The only thing we have going for us is the way we take care of our customers.” ~ John Nordstrom, on what sets Nordstrom apart from the competition
  • 7. Nordstrom Employees: In Their Words “I’m a customer-oriented service person. You’re looking for something, and I’m determined I’m going to find it.”
  • 8. Nordstrom Employees: In Their Words “If it’s not nailed down, I’ll find it for a customer. I don’t make commission on [everything], but it’s part of the service I provide.”
  • 9. Nordstrom Employees: In Their Words “Never judge a book by its cover. If you treat the kid who is buying a $19.95 belt the same as a businessman buying a $1,995 Oxford suit, you will be successful. That kid might become a customer for life.”
  • 10. WHEN YOU’RE THE CUSTOMER Consider This:
  • 11. Photo credit: “Lady with Luggage” by digitalart on freedigitalphotos.net Flying the Friendly Skies? “My goal is to make you happy.” What is your goal?
  • 12. Would you like being your own client?
  • 16. Leigh Brown, CRS “I took an IOU on a commission on a house last year to keep the deal together and to keep my client from having to short sell. Strikingly enough, she paid me 11 months later. The other agent was flabbergasted.”
  • 17. Dawn Thomas, CRS “Last month, one of our buyers brought in their own lender. Needless to say, a pretty straight- forward transaction on a jumbo loan went sideways and several delays, to the point the husband had to cancel his trip to Europe even though his wife was going to spend Christmas with family. I hate the idea of anyone being alone during the holidays, so I invited him to our house for a crab feast on Christmas Eve and movies the next day.”
  • 18. Shannon Williams King “We flew a client from Australia on our dime prior to closing to make sure she liked the home - and was in person to sign her closing docs.” Note: this price point was $400,000.
  • 19. Nobu Hata “I drove five hours for four signatures on a $125K relo deal for the nicest couple in the world. Incidentally, that same couple sent me a $15million commercial buyer.” Note: Nobu had to give away that $15million commercial buyer – referral fee-free – because he had already taken his new position at NAR.
  • 23. The “We” Experience “The more information I have…the better I can serve the customer…This isn’t just my deal. It’s not an “I” experience; it’s a “we” experience. Photo credit: “Multi Ethnic Team Indoors” by ambro on freedigitalphotos.net ~ Patrick McCarthy – top Nordstrom sales associate, 15 consecutive years
  • 25.
  • 26. Incorporate Client-centric Goals  Happily Closed Clients  Incoming Testimonials  Referrals from Past Clients *Doesn’t have to be warm & fuzzy, but focusing on these things can help you stay focused more on your clients and less on yourself.
  • 29. You vs. Them  What’s your value proposition? Do you even know?  How do you communicate your value?  What’s your “money-back guarantee”?  Easy-exit listing agreement  Easy-exit buyer brokerage agreement  How else do you offer a guarantee?
  • 30. What sets you apart?
  • 32. Even Nordstrom Had To Go Further
  • 35. Social Media Landmines For You • Always make sure that your company name and professional status are apparent on every electronic communication you make. • Be careful about posting information about your meetings with clients or other real estate professionals. • Don’t complain, brag, or even talk about your client’s reactions to property.
  • 36. Social Media Landmines for Your Clients • Have your clients make a list of all the social media sites on which they have profiles. • Warn them about posting during the buying or selling process. • Explain the dangers that social media can pose to their negotiations. • Need a horror story to tell?
  • 37. What Do These Messages Say?  “I’m out of listings! Who wants to sell?”  “I’m in LOVE with my new listing!”  “Just wrote contracts today for 3 lucky buyers!”
  • 39. Service vs. Hospitality “Service is the technical delivery of a product. Hospitality is how the delivery of that product makes its recipient feel. Service is a monologue – we decide how we want to do things and set our own standards for service. Hospitality, on the other hand, is a dialogue. [It] requires thoughtful listening to the other person, and follow-up with a thoughtful, gracious, appropriate response. It takes both great service and great hospitality to rise to the top.” ~ Danny Meyer, restaurantuer
  • 40. Turning Over the Rocks Photo credit: “Fly Fisherman Casting” by joe1642 on Flickr.com Turning Over the Rocks
  • 41. Turning Over the Rocks  Think like a fly fisherman  Look for the story behind the story  Collect the dots  Give your clients a feeling of “shared ownership”
  • 42. What Do You Know About Your Clients? Raziel Ungar, CRS Create space in your CRM -OR- a spreadsheet where you can file information/jot notes about your clients Where can you find information/details?  Facebook  Your questionnaires  Your notes Notes, articles of interest, birthday/anniversary cards, phone calls, conversation starters
  • 43. Keeping Client Records  Expand your database – vertically not horizontally  Add details about your current/past clients instead of cold leads  Depth and details instead of volume  Take notes – after meetings, during phone calls, as you think of them  Facebook Graph Search
  • 44. What are they saying?
  • 45.
  • 46. “We take most of the money that we could have spent on paid advertising and instead put it back into the customer experience. Then we let the customers be our marketing.” ~ Tony Hsieh, CEO, Zappos.com Photo credit: “Multi Ethnic Team Indoors” by ambro on freedigitalphotos.net
  • 47. Your most unhappy customers are your greatest source of learning. ~ Bill Gates
  • 49.
  • 50.
  • 51.
  • 53. “If We Sell You Well, Tell Others. If Not, Tell Us.”
  • 54. Monitoring Your Online Reputation  Keep track of sites on which you’ve set up a profile  Respond to requests for information, even if your response is, “I don’t know – let me find out!”  Make this a part of your daily and/or weekly tasks – know what people are saying
  • 56. Spend a lot of time talking to customers face to face. You’d be amazed how many companies don’t listen to their customers. ~ Ross Perot
  • 57. Video as Customer Service  Increase length of time consumers stay on your site  Increase your likelihood of being found with improved SEO  Build trust and credibility  Help potential clients feel like they know you  Make the initial connection more personal
  • 58. Incorporating Video  Lead response videos  Video updates for clients in transaction  Community videos  FAQ videos  Personal videos – about you, about your team, about your community involvement  Videos of client events, charity events, and more!
  • 59. Video as Introduction: Respond to Leads Immediately and Personally
  • 63. Follow-Through  Thank You Note: “Even if it’s the tenth time I’ve waited on that customer, I don’t thank him for his business; I thank him for his loyalty.”  Nordstrom provides its employees with free thank you notes – plus address labels, postage, etc. – and encourages them to use them daily!  Follow-Up Call: “Ninety percent of the time, they’re so stunned that you called, they remember you.”
  • 64. Spend a lot of time talking to customers face to face. You’d be amazed how many companies don’t listen to their customers. ~ Ross Perot
  • 65. NAR’s 2012 Profile Said… 87% of clients were satisfied with their REALTOR® and would refer them again BUT Only 10% did. Why?
  • 67. co· op· er· a· tion /kō äpə rāSHən/ˌ ˈ -the process of working together to the same end -assistance, especially by ready compliance with requests
  • 77.
  • 78.
  • 79. Impact on the transaction? ...And future transactions? CONSIDER:
  • 80. Why Does It Matter? People.
  • 81. I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them ~ Maya Angelou feel.

Hinweis der Redaktion

  1. How much do you think about the customer experience when YOU are the customer?
  2. As usual, when I create a course or a workshop like this one, I like to turn to my friends – many of whom are CRSs and are here at SAB. When I asked for examples of things they do that put the customer first, I expected a list of things they do every day – such as get a clients’ music preferences and create a playlist or find a satellite radio station that matched for a long day of househunting or finding out the restaurant preferences of an out-of-town client and creating a list of restaurants they may like while in town for their househunting trip. But when they answered, I found some pretty inspiring stories, what Nordstrom would refer to as “heroics”.
  3. Nordstrom recognizes its employees “Heroics” through a Weekly V.I.P. Club and Employee of the Month. Heroics are described as employees who go above and beyond for the customer – not just for employee sales performance and commission earning. EXAMPLES. However, for us, as mostly independent contractors who frequently work alone or on small teams (at least much smaller than a giant department store), when do we have opportunities for heroics?
  4. Beginning in the late 1970s, Nordstrom began renovating their stores to create a more inviting experience. They widened the aisles, changed the lighting, designed departments based on the lifestyles of those who shopped there and gave those departments their own unique décor and feel, added coffee shops and restaurants, made fitting rooms larger and improved the lighting, even featured the works of local artists, live music, and The goal was a feeling of utmost convenience and openness, to attract the customer to linger longer and, therefore, buy more.