Jim Blasingame

Business futurist, award-winning author, speaker and columnist

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Customer Care

The New Regular: Technology at the Speed of Your Humans

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This is the fifth installment of my New Regular series. No one’s seen “Normal” since COVID-19 took it out months ago.

Last week, we covered the concept of business fundamentals being neither Old School nor New School, but rather THE School.

To help restart your business in the New Regular of the post-pandemic economy, let’s continue that theme with two more THE School fundamentals. One is primal and one is, relatively speaking, a new kid on the fundamentals block. But both now as inextricably linked as they are completely different.

First, allow me to introduce two really smart dudes.

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The New Regular: Your Cheese Has Been Moved

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These are rough days on Main Street. Business owners are experiencing extreme stress and anxiety, unprecedented in cause, abruptness, velocity, and impact. 

Just now we’re dealing with a one-two punch to our lives and livings. The first blow was from a novel coronavirus pandemic and the second from the shutdown response to it. 

The shutdown punch – however necessary and politically-variable – has dealt a devastating financial blow to millions of small firms. And as the arc of the disease danger seems to be descending, business owners are increasingly struggling with an unprecedented internal conflict I’ve termed “Owner’s Choice”: Having to daily reassess the risk of a deadly disease against ongoing damage to their family’s financial future.  

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Five marketplace truths about human customers

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Spend time in the marketplace and you’ll have many close encounters of the third kind with the most interesting species in all of nature: the human customer. And as we’ve learned, the nature of this being isn’t much different from other animals: All need to breathe, eat, drink, procreate and survive.

But there is something that clearly sets human customers apart from other fauna: sentience. And one of the manifestations of this self-awareness is that beyond what customers need, they’re the only lifeform on planet Earth that also wants. Your customers want things.

Every human who owns an automobile will need to buy new tires. But what they want is to keep the family safe without spending an entire Saturday shopping for tires. So, if you’re in the tire business, should you advertise that you sell tires, which are commodities that the Big Boxes can sell cheaper than your cost? Or should you develop, market and execute a customer loyalty program that combines peace-of-mind for the customer’s family with pick-up and delivery? How about this tagline:

“Let us help you keep your family safe when it’s time for new tires, and we’ll give you your Saturday back.”

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Relevance – the Customer’s new prime expectation

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When describing what influences the behavior of individuals as they pursue their lives, you would likely include concepts associated with goals, plans, passion, desire, ego, personality, etc. In matters of human interaction as we meet, love, and work together, there is often an abiding struggle between my passion and your ego, for example, or your goals and my plans. Indeed, successful long-term personal relationships are heavily weighted on my tolerance of you today and your forbearance of me tomorrow. Give and take. And the world goes round.

But in the marketplace, affection and sentiment give way to contracts and performance, because tolerance and forbearance are always subjective, often inefficient, and sometimes unproductive. Consequently, a very powerful concept developed over the millennia that is the nucleus of how marketplace participants minimize conflict and find common ground. In classically efficient marketplace style, I’ve reduced this concept to one word: expectations.

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The Golden Triplets of small business success

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For most of the 20th century, Americans enjoyed what I call The Golden Age of Customer Service. Sadly, based on recent research, it appears we’re in the Plastic Age.

In a national customer satisfaction index, the average customer rating was less than 60%. Going six for 10 is pretty good – if you’re playing baseball. But any small business with that batting average is headed for the shower.

So how has such a level of unservice become a 21st-century norm? Because customers have become sensitized to what I call the Plastic Triplets: High volume/low price, impersonal e-business, and almost as impersonal face-to-face service.

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It’s the Age of the Customer – the rules have changed

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For 10,000 years, customers refined their search for products and services down to a couple of semi-finalist sellers based almost entirely on the classic competitive value proposition: price, product, availability, service, etc. I’ve termed this period the Age of the Seller.

That was a nice trip down memory lane, wasn’t it?

The new prime differentiator today is no longer the competitive model, but rather a customer’s appraisal of how relevant a seller is to them, often before they even know if a seller is competitive. So, does this mean that sellers no longer have to be competitive?

Not at all – no one will pay you more for less. But consider three new marketplace truths:

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