Every single person in every single company is either in sales or affects sales. Every single person in every single company is either in service or affects service.
Jeffrey GitomerRead
Customer satisfaction is worthless. Customer loyalty is priceless.
Interpretation
Customer satisfaction alone does not ensure business success; it's the loyalty that customers have that truly matters.
In this quote, Jeffrey Gitomer emphasizes the significance of customer loyalty over mere satisfaction. While satisfied customers may have positive experiences, loyalty ensures that they will return and continue to support the business, thus providing lasting value. Loyalty builds a stronger relationship and often leads to recommendations and referrals, which are crucial for long-term success.
In practice
In a business seminar discussing long-term strategies, this quote can be used to emphasize the importance of building loyal customer relationships.
Every single person in every single company is either in sales or affects sales. Every single person in every single company is either in service or affects service.
If you own the problem, you own the customer. If you lose the problem, you lose the customer. It's that simple.
The business of business should not be about money. It should be about responsibility. It should be about public good, not private greed
Conscious business.. business that is conscious of inner and outer worlds.. would therefore be business that takes into account body, mind, and spirit in self, culture, and nature. Put differently, conscious business would be mindful of the way that the spectrum of consciousness operates in the Big Three worlds of self and culture and nature.
Ultimately, what any company does when it is successful is merely a lagging indicator of its existing culture.
Almost all decisions based on cost accounting are utterly wrong.
I don't know why the word 'solopreneur' is in our lexicon. Nobody can physically do it all by themselves, and more importantly, why would they want to? Being the sales team, the HR department, management, and production all by yourself is terrible. Period.
If you understand cause and effect, it brings about a set of insights that leads you to a very different place. The knowledge will persuade you that the market isn't organized by customer category or by product category. If you understand the job that consumers need to complete, you can articulate all of the experiences in that job.
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