Archive for June 25th, 2008

Here at Small Business Boomers we are in the middle of “Customer Service Week.” Everyday I’ve asked a question about dealing with customers.

On Monday, it was about how to handle an irate customer.

On Tuesday, I asked if you would “fire” a customer.

Today’s question: Would you ever refer a potential customer to one of your competitors? I called a landscaper this day to give me an estimate. He said he was too busy, but he gave me the name of another landscaping company. While on the surface this doesn’t make good business sense, on the other hand, why not?

You create potential goodwill with someone like me who might come back to you. If I tell the competitor who referred me (and I did), it creates goodwill between the two companies.

Goodwill isn’t just with customers. Even though it is an important concept in the sale of a business, goodwill can be generated with anyone your company does business with, including vendors and competitors.

What do you think? Would you do this?

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Scotsman Publishing, Inc. Recognized as One of the ‘Best Companies to - Newswiretoday.com
Scotsman Publishing Inc. (dba Scotsman Guide Media) has been named one of Washington state’s “Best 100 Companies to Work For” by Washington CEO magazine. The Bothell, Wash.-based publisher was selected from among more than 400 companies

Warren Buffett Says Sell to Me, Not `Porn Shop,’ as Growth Dips - Bloomberg
June 25 (Bloomberg) — Warren Buffett is in Toronto, fielding questions from a crowd of 300 executives. One asks what makes people want to sell their companies to him. The Berkshire Hathaway Inc. chief executive officer replies that he tells a

Drink maker finds Coke its cup of tea - Baltimore Sun
Organic drink maker Honest Tea has built its business on a reputation as an eco-friendly company with a do-good mission. Now it is hoping to expand its cause with an unlikely partner: Coca-Cola . Honest Tea says that teaming up with Coca-Cola, which

Crist’s climate change summit kicks off in Miami - The Ledger
MIAMI - Florida Gov. Charlie Crist plans to talk about green technology at a summit on climate change. Florida power companies also plan to introduce a solar initiative at the two-day conference. It kicks off in Miami on Wednesday. At last year’s

Redhook Ale Brewery shareholders OK Widmer merger - Seattle Times
The merger with Widmer Brothers Brewing will make Redhook Ale Brewery CEO Paul Shipman, left, chairman emeritus and David Mickelson, now chief operating officer, co-CEO. Redhook Ale Brewery shareholders on Tuesday blessed the company’s merger with

Autonomy etalk Solution Now Rated “Avaya Compliant” - MSN MoneyCentral
Qfiniti Interaction Recording is Compatible with Key Avaya Contact Center Solutions; Supports Enterprise Compliance, Quality, Governance, and Analysis Initiatives CAMBRIDGE, England and SAN FRANCISCO, June 25 /PRNewswire-FirstCall/ — Autonomy

Wachovia, National City Foretell More Losses: Jonathan Weil - Bloomberg
June 25 (Bloomberg) — Whether you believe the worst of the credit mess is behind us, this much is clear: There’s a lot more pain to come. With less than a week remaining, the second quarter might go down as one of the ugliest in memory for financial

COLLISION COURSE - New York Post
June 25, 2008 — A recent court decision against two deep-pocketed hedge funds trying to shake up the board of railroad giant CSX Corp. has almost closed the widely used loophole funds employ to ambush companies in order to force change. The ruling

German solar companies want stake in joint high-voltage grid holding - Forbes
FRANKFURT (Thomson Financial) - German solar power companies want to take a stake in a planned German high-voltage grid through a fund model, Solarworld AG. CEO Frank Asbeck told Handelsblatt newspaper. The European Commission recently agreed to a

Bloggers: Huge Media Is Watching - BusinessWeek
The Associated Press unleashed a firestorm in the blogosphere earlier this month when it demanded that a political site take down AP content it stated violated copyrights. Bloggers, including Michael Arrington of TechCrunch.com and Markos Moulitas of

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Agatha Christie is quoted as saying, “”I have enjoyed greatly the second blooming… suddenly you find - at the age of 50, say - that a whole new life has opened before you.”

I know what she means. Do you?

Photo: Jean Murray

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This very special contemporary is located in the town of Cologny near Geneva in Switzerland. The four-bedroom home, built in 1989 by Blum & Blum in Z

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The situation I talked about yesterday, with the travel agent who got mad because the physician didn’t use her bureau to book a trip, has another twist to it.  The patient was 20 minutes late for her appointment.  And she was typically at least 15 minutes late for every appointment.  I told the physician she should have been “fired.” (I realize health care providers have a tiny different situation, since they can be sued for abandonment if they just stop treating a patient.)

In your business, have you ever been tempted to get rid of a customer? Here are some of my suggestions:

1.  Quit responding to requests for service or don’t provide information the customer requests.  In other words, use bad customer service to make the person stop calling you.  This is probably the worst of the possibilities.  I don’t know if I could do this; it’s too ingrained in me to do what I promised and to provide excellent customer service.

2.  Tell the person directly that you can’t do business with him/her or the company any more.  If the person asks why, just say, “I don’t want to continue this business relationship.”  And don’t give in to pressure to say more.  You don’t owe anyone an explanation.

So what are your suggestions?  How would  you “fire” a customer?

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