Saving Pennies, Losing Dollars
“Look after the customer and the business will take care of itself.”
- Roy Croc, Founder of McDonald’s
It’s never easy to watch a business fail. Especially one that has enjoyed success for years and years.
And it’s particularly frustrating to watch a business squander this success simply because it has become lazy and out-of-synch.
But, tragically, fewer things will permanently erase any company’s hard earned progress quicker than losing sight of the fundamentals.
For example, went to a sporting good chainstore - which shall remain nameless - and spent 1.5 hours searching for shoes.
“Why 90 minutes,” you ask?
Well, because not once did anyone offer to help. Heavy-handed sales are never welcome, but treating your customers like ghosts is ten times worse.
I finally found some shoes and checked out. But what did mine eyes reveal when checking my receipt? The cashier overcharged me, and to have it corrected required waiting in a secondary “Customer Service” line.
Twenty minutes later, I was informed that the products I had selected were mispriced, and weren’t part of the storewide sale.
To make a long story short, I returned all of the shoes for a full refund.
The store manager did not recognize that by saving his store the $20 discount I was mislead to believe I qualified for, he was actually losing a $150 sale.
Let’s pray that short-sighted business practices are a thing of the past, shall we?
–
Grow My Business can help lighten the load on understanding how to get started, gain momentum, and manage growth for the long run. And for small and home business software needs, check out Avanquest, the company that brings you the biggest bang for your hard-earned entrepreneurial buck.
Australian job
Well… Nice blog!