raving fans hofstra 11 30-10

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Sal Ferro President/CEO November 30, 2010

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Page 2: Raving fans hofstra 11 30-10

History

Established in 1946, over 60 years in business

Began as a painting company and transitioned to a full service remodeling company

Focused on Long Island with businesses in New Jersey and Westchester

2001 Birth of Raving Fans

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A controlled, sustainable growth philosophy

Recruit, hire and retain the best employees

Leverage your existing customer base

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Recruit, hire and retain the Best Employees

Leverage your existing customer base

This is all based on customer service

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“Your customers are only satisfied because their expectations are so low and because no one else is doing better. Just having satisfied customers isn’t good enough anymore. If you really want a booming business, you have to create Raving Fans.”

~ Harvey Mackay

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Found a less expensive product 15%

Found a better product 15%

Lack of personal attention 20%

Service provider rude, unhelpful 45%

Source: Forum Corporation of Boston

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Never complain about poor service 96%

Never return 90%

Tell at least 9 others of dissatisfaction 100%

Tell at least 20 other people 13%

Will do business again if problem resolved 70%

Do business if problem resolved on the spot 95%

Source: TARP (Technical Assistance Research Programs) White House Office

of Consumer Affairs

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The knowledge and desire to improve and exceed client expectations.

The vision of who you want to be.

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The systems and processes in place to execute the vision.

Your blueprint to create and maintain Raving Fans.

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The everyday follow through

Managing the moments of every service opportunity.

It takes Raving Fan Champions.

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“The purpose of a business is to create customers that create

customers.”Shiv Singh

Social Media Marketing for Dummies

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Customer Service

Customer Feedback

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Online Advocacy

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Make it fun and personal…

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1. Know your customers

2. How do they rate you?

3. Setting your service windows

“You can’t be all things to all people”

4. Discover the customer’s vision

5. Create your vision

6. Develop a plan

7. Manage and motivate beliefs

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Deliver a consistent experience to our customers that is superior to what they expect.

Have a harmonious, enthusiastic environment where employees at all levels are responsive to our

customers’ needs and react with a sense of urgency and follow through.

An environment where ethics and values are not sacrificed, where we listen to and educate the

customer to build value.

Provide our customers great products with no hassles and superior results.

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