Sometimes it's important to remind
yourself exactly why your customers
buy from you - what it is that adds
value to their lives. Carefully consider the
emotional benefits customers feel when
they buy a product or service from you.
One of my clients who owns and manages
a large corporate training company
recently told me that after years of careful
consideration and extensive experience,
she had discovered that she is really in the
business of creating 'possibilities.' What
her business really does is to design,
develop and deliver tailored training
programs for senior managers in large
corporations. She has developed a
powerful vision for her company, which is
focused around enabling people to be the
best they can be. She is also committed to
a set of specific and achievable business
goals that guide her marketing efforts.
Identifying the value-adding factor in
business
What she realised was that she enables
senior corporate managers to be the best
they can be by creating a space in their
lives where possibilities are realised.
These possibilities included managers'
abilities to believe that they could:
-
change their lives for the better
- build better futures for themselves
- make bigger contributions to the quality
of their working lives
- become powerful role models or leaders
- create and sustain honest relationships
She found that the list was virtually endless
and that the essence, or the value-adding
component of her work was her ability to
create an environment that could
potentially help people change their lives.
Another colleague is the owner of a small
boutique city florist shop. She appropriately
remarked that what her business does is to
select, display and sell flowers and floral
arrangements.
Her vision for her company
was allowing people to enjoy a range of
sensory experiences. She measured the
success of her business by the volume of
product sold on a weekly basis and the
quarterly profit achieved to the targets set.
After much discussion we all agreed that
the essence or the value-adding component
of her work was her ability to ''add
colour, fragrance and the feelings of
positive esteem and joyfulness'' to the
people who bought or received her flowers
and floral arrangements.
Value adding is about defining the tangible
emotional benefit that a customer receives
when they do business with you or when
they buy your product or service.
If you don't add an emotional value to the
quality of your customers'' lives in some
unique way, your business will not be
sustainable for the longer term.
So perhaps you can take some time out
this weekend to reflect on exactly what
business you are really in and what is the
true value being added!
If you can't see or qualify the value you
add, then take some time to seriously
consider, feel and imagine some of the
possibilities that you could be adding. This
can be done by exploring what it is that you
are passionate about doing, and also by
reminding yourself how you were feeling
when you started your business and why
you chose to start it in the first place.
Try to step into your customers' shoes and
imagine what positive emotions they may
feel.
Janet Sernack successfully runs her
own learning and development consultancy, Compass Learning, where she makes a difference to
small and large businesses by facilitating
culture change programs, learning
organisation initiatives and improved
business and marketing planning.
She has
also held senior management positions in
the wholesale and retail sectors, most
recently as Marketing Development
Manager with Grace Bros.
Connect with Janet
Email: janetsernack@gmail.com
Websites: www.janetsernack.com, www.compasslearning.com.au and www.thegloballeadershipretreat.com
Blog: janetsernack.blogspot.com