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.
Know your numbers' is a fundamental precept of business.
Profit is not the purpose of a business, but rather the test of its validity
What I do know, at least what I think I have learned from my experiences in business, is that when there is a rush for everyone to do the same thing, it becomes more difficult to do. Not easier. Harder.
Business is what concerns us. If you care about something enough to do something about it, you're in business
The goal is not to do business with everybody who needs what you have. The goal is to do business with people who believe what you believe.
Growth makes so many dimensions of management easier. It's when growth stops that things get tough.
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