Join our Waitlist for Expert Advice!

Buyers Know Want to know what keeps customers coming back? Why don't you just ask them?

By Barry Farber

Opinions expressed by Entrepreneur contributors are their own.

How do we stay close to our customers and understand their key needs and the changes going on in their environment? Also, what probing questions can you ask to understand them better than before and better than your competitors?

Some 20-odd years ago, I started a process of customer interviewing that had tremendous benefits in both keeping customers and acquiring new ones. Some would be audio interviews, in which customers talked about why they bought, who they considered in the process and what benefits they had received since using our services. These interviews would then be played as testimonials and tools to handle common objections from prospects where a satisfied customer became my best salesperson. A funny thing happened in these interviews: I learned why customers buy and what I needed to do to maintain and grow their loyalty long after the sale was completed.

Over the years, I've conducted a variety of customer interviews ranging from taped phone surveys, face-to-face focus groups and customer-run meetings where the customer is invited to share his or her thoughts on the relationship with the vendor. Many of the interviews were taped and transcribed so I could understand every word the customer was saying and not miss out on the critical factors that were signs of why they buy and what to do to keep them from going to the competition. So whether you're doing one-on-one account reviews with your customer in the field or inviting him to speak with your sales and service team, here are some of the best probing questions I've used to bring out the information that's needed to maintain and build your business.

  1. What key characteristics do you look for in a successful vendor relationship?
  2. What am I or my company not doing that we could be doing to serve you better?
  3. What is the one thing we would have to do to lose your business?
  4. What are the three most important criteria you look for when investing in our types of products and services?
  5. Who are your main customers, and what are you trying to accomplish with them?
  6. What's your biggest turnoff when dealing with salespeople?
  7. If you were running our company, what would you do differently?
  8. What could we do to make life easier for you?
  9. What have vendors or sales reps (from any company) done that really impressed you or made a difference in the sales process?
  10. If you were in front of a room filled with newly hired salespeople, what would you tell them not to do, and how would you advise them to be successful?

Don't forget to ask customers to expand and elaborate on their answers and offer some examples. These follow-up questions uncover important information to help you understand not only how to keep the relationship strong, but also how to increase the amount of business you're doing with them.

When customer-run meetings, probing questions and focus groups happen regularly, these reports can become sales tools. Every time you talk to a potential client, discuss how these meetings are part of the normal process your company uses to stay in touch with customers. You can also include a one-page report as part of your presentation to show how previous meetings have been used to help develop a better service program.

Barry Farber, author of The 12 Clich�s of Selling, has taught thousands of individuals and corporations how to break through barriers to achieve their sales, management and personal goals.

Barry Farber is the author of 11 books on sales, management and peak performance. His latest release, "Diamond in the Rough" CD program, is based on his book, radio and television show. Visit him at www.BarryFarber.com, or email him at barry@barryfarber.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

AI Startups Received $2.9 Billion in Funding Last Quarter. These 3 U.S. Companies Received a Lot of It— And You've Probably Never Heard of Them.

AI was one of the few industries that saw growth in unicorns, or billion-dollar startups, last year.

Business News

Microsoft Strikes Back at Salesforce, Announces New AI Agents That Can Take Over Finance, Sales, and Service Tasks

Salesforce CEO Marc Benioff called Microsoft's Copilot AI "disappointing" earlier this month.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Meta Fires Employee Making $400,000 Per Year Over a $25 Meal Voucher Issue

Other staff members were fired for the same reason, per a new report.

Growing a Business

2 Ways to Declutter Your Day and Unleash True Creative Freedom

The everyday responsibilities of running a business can limit your creativity. Invite more room for innovation by letting go of unnecessary tasks and visualizing your future success.

Taxes

Free Webinar | November 7: 2024 Election Tax Special: How New Presidential Policies Will Impact Your Business

Join our webinar on 11/7 to get prepared for how the winning candidate's proposed tax laws, regulations, and economic plans will impact your business operations and financial strategy. Register now!