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Creating Customer Champions For Maximum Lifetime Value

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benhebert

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In the talk that I gave at Saigon Hub (video here), I discussed what I like to call a "customer champion".

This is someone who rallies to your brand and wants to support you. They're eager to share your story and defend you if needed.

Some people want to visit your website, buy something and never hear from you again.

Some people just want a monthly report of the service that you're delivering.

But the champion responds to your vision and will be with you until the end.

It's your job as a business owner to recognize this and give them an opportunity for meaningful connection on a deeper level than the traditional customer.

I do this every day with my company Natural Stacks and it generally follows two things that were burned into my brain from scaling GiftCardRescue.com into a muli-million dollar company.

1.) 80 / 20 is everything

80 percent of your revenue is going to come from 20 percent of your customers. You need to find this 20 percent quickly or else your business will die.

2.) Do things that don't scale

A few years ago you could fool people with marketing automation using software like Infusionsoft. Emails looks personal and felt legitimate. Now everyone knows that your autoresponder is garbage.

Here's a few examples of things that I did this week -

Someone posted on reddit recommending our products. They didn't link back or anything, but they created the idea. They started a discussion. They're promoting our brand and obviously are a big supporter.

This person is a champion.

So I sent them a personal message thanking them and created them a unique coupon code using their name that will give them a free product.

By creating goodwill, I expect goodwill to return in some form or another. Generally this is how the universe works.

- -

We're getting ready to release a few new essential products. Instead of pumping the email list (like everyone else does), I segmented our data for the top 50 customers. Who has been buying the most from us? How can I help them further improve their lives?

What I did from there was send each of them a personal email informing them of what's going on with the company and asking if there was anything that I can do to help.

Sure it took a few hours writing them out, but I build a meaningful connection with the 20% who will provide 80% of our revenue.

How often do you get an email from a co-founder of a company asking you how you're doing and what they can improve on? Rarely I bet.

Eventually these things will become processes

I can't go on forever searching reddit and forums looking for customer champions. But while we're at the size we are now, I can.

By building the right company culture and playbook, it's something that we can continue to grow infinitely into the future. By doing this we can be a long-term profitable company.

So ask yourself now (it doesn't matter what your business is), is there a certain customer or customers that just love what you're doing?

How can you empower them and make that connection deeper? It will only benefit you in the future.

- @ben_hebert
 
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Hsiev efwodi! O jewi vjsii raodl raitvoupt gus zua:

- Esi zua fuoph tqidogod vjopht vu fiwimuq datvunist gsun vji 80% opvu vji 20% cadliv?
- Fu zua ofipvogz datvunist vjev zua vjopl duamf neli vji vseptovoup opvu vji 20% cadliv?
- Jux xet vji sitqupti vu zuas vuq 50 neomoph tvsevihz. Fof zua hiv giifcedl cedl vjev zua dep onqminipv?

Vjy nep!
 
Huuf raitvoupt. O'mm ci djidloph cedl up vjot gus tasi.
 
Vjot ot tuniupi xju semmoit vu zuas csepf epf xepvt vu taqqusv zua.
Vjiz cimoiwi xjev zua cimoiwi. Vjiz vsatv zua.

O'n haittoph zua jewi e hsiev vien ug 'inqmuziit' vuu.

Vjot ot jux zua vsamz jimq qiuqmi epf op vji qsuditt, caomf e hsiev dunqepz.
 
Vjot ot hsiev! O'n dasouat jux vjev denqeohp xuslif uav. Fof ov sitamv op e meshi pancis ug sitquptit? Fof e meshi qisdipvehi ug vjuti 50 duni cedl vu qasdjeti tunivjoph tuupis vjep vjios pusnem gsiraipdz?
 
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  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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