Fickle customers who drain you dry & then complain about it

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Harvard Business Review cited a report that said: Plumbers who advertise on Google are 3X more likely to get Better Business Bureau complaints than other plumbers.

The conclusion: “Because of an inability to establish lucrative relationships with long-term clients, low-quality firms have a greater incentive to rely on Internet search engines and other forms of advertising to aim at infrequent customers who aren’t willing to devote time to seeking out good companies.”

Planet Perry member @RickyMagana asked for my thoughts. Here they are:

-It is certainly true that *sometimes* the most fickle, lowest quality customers who complain the loudest are folks who are perpetually searching for anything and everything. They can be like Groupon buyers – disloyal to everybody.

-You gotta start somewhere. If you have a full book of business & repeat customers, you might not need to advertise in the first place. But if you’re new or you need more customers – welcome to the new customer acquisition scramble!

What is "80" and what is "20" for your business right now? Take my 2-minute quiz and I'll show you where you'll get the highest compound interest on your time and money!

The first time a customer does business with you, it’s a first date. Do you like them? Do they like you? Everybody’s nervous.

I would have loved to hear the plumbers’ side of the story, and not just the BBB complaint log.

So what’s the real money lesson? It’s this – your REAL success indicator is:

How many people buy from you a second time.

The number of NEW customers who bought from you again is the true health index in your business.

Are you paying attention to that?

Over and out.

Perry Marshall

P.S.: Do you think Google Conversion Optimizer will ever add a “How much will you bid for a customer who buys the 2nd time” feature? :^)

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About the Author

Perry Marshall has launched two revolutions in sales and marketing. In Pay-Per-Click advertising, he pioneered best practices and wrote the world's best selling book on Google advertising. And he's driven the 80/20 Principle deeper than any other author, creating a new movement in business.

He is referenced across the Internet and by Harvard Business Review, The New York Times, INC and Forbes Magazine.

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