the customer of the future the secret to creating life long customers © the solomon group, inc....

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The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

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Page 1: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

The Secret to Creating Life Long Customers

© The Solomon Group, Inc. 2006

Page 2: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

“In the mind of a beginner, all things are possible. But in the

mind of an expert, only a few…”- D.T. Suzuki

Page 3: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Oh how our world has changed….

The New Normal

Page 4: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

The New Normal…

“In the New Normal, the opportunities for success are plentiful. The trouble is, those opportunities are often different from the

ones we are accustomed to. To exploit them, we have to think in new ways about ourselves

and about the future.”- Robert McNamee

Page 5: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

• Dynamic Everyday Change in Technology

Page 6: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

“Technology doesn’t make you less stupid; It just makes you

stupid faster.”Andy Grove, Intel

Page 7: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

• Dynamic Everyday Change in Technology

• Constant Escalation of Customer Expectations

Page 8: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

• Dynamic Everyday Change in Technology

• Constant Escalation of Customer Expectations

• The Power of One

Page 9: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

• Dynamic Everyday Change in Technology

• Constant Escalation of Customer Expectations

• The Power of One• Time is the New Currency

Page 10: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

• Dynamic Everyday Change in Technology

• Constant Escalation of Customer Expectations

• The Power of One• Time is the New Currency• Everything is a commodity, the only

true differentiator… is service

Page 11: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Of Customers Who Defect

80% Are Satisfied

Page 12: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Satisfaction is no longer enough…

Page 13: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

A True Customer Dialog

Page 14: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Creating a True Customer Dialog…

Page 15: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Creating a True Customer Dialog…1) Only ask what you are willing to act on

Page 16: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Creating a True Customer Dialog…1) Only ask what you are willing to act on

2) Talk to the right people

Page 17: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Creating a True Customer Dialog…1) Only ask what you are willing to act on

2) Talk to the right people3) You don’t necessarily have to ask

Page 18: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Creating a True Customer Dialog…1) Only ask what you are willing to act on

2) Talk to the right people3) You don’t necessarily have to ask4) Everyone must share the knowledge

Page 19: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

Creating a True Customer Dialog…1) Only ask what you are willing to act on2) Talk to the right people3) You don’t necessarily have to ask4) Everyone must share the knowledge

5) Define the experience, then create it… every time

Page 20: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

“The arrogance of success is to think that what you did

yesterday, is good enough for tomorrow.” William Pollard

Soul of the Firm

Page 21: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

How do we create true loyalty for our customers and our

employees?

Page 22: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

Can we create a Passionate Purpose?

Page 23: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

“If you don’t know where you’re going, you’ll wind up

somewhere else.”- Yogi Berra

Page 24: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

Can we commit to hiring and retaining the right people?

Page 25: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

Can we take the time to create world class employees…so they

can create world class experiences?

Page 26: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

Can we commit to being open to new ideas and plans?

Page 27: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

Can we commit to focusing on the priorities… and not the

noise?

Page 28: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

Can we commit to modeling the behaviors we want to see?

Page 29: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

It's All About The Culture

Can we commit to rewarding people with our attention and

time rather than only with their paychecks?

Page 30: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

“Those who will be successful in the future will operate from four

dimensions: vision, reality, ethics and courage.”

- Peter Koestenbaum, Philosopher

Page 31: The Customer of the Future The Secret to Creating Life Long Customers © The Solomon Group, Inc. 2006

The Customer of the Future

The Solomon Group, Inc.

[email protected]

4414 24th StreetSan Francisco, CA 94114

415-401-8646