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Key Concept #4: Apply the “Rule of Reciprocity”


In the following sections that describe some of our favorite tools to get new customers, you will be hearing a lot about giving gift certificates, giving to charity, and giving gifts to your customers, so I am addressing the giving concept right up front.
An incredibly wealthy and wise man, who is also a supersavvy marketer, once shared his life philosophy with me, and I am going to share it with you. “Givers Get.”
This is due, in part, to an unwritten social rule called the “rule of reciprocity,” which says that we should try to repay what another person has given us; in fact, we feel almost compelled to do so. If we do something good for someone, they want to do something good for us. If we give something to someone, we will get something in return.
This is why when two people walk through two sets of doors and one person holds the first door for the other, that person will in turn hold the second door for the first person. It’s also why a grumpy guy doesn’t want you to do him a favor because he’ll feel like he owes you.
There is probably a larger metaphysical influence at work when you put the law of “givers get” into play, which some may call karma, some may call God, or some may call “The Force.” But that’s a much bigger subject than we are tackling today. Just know that it works.
When you deeply and truly understand this concept, you will realize that being an honest, caring businessperson who puts the needs, wants, and desires of the customers first is the only true way to succeed in the long term.
As businesspeople, this means that we don’t look at our customers like they are a piece of fresh meat with a checkbook. We look at them and think, “If I do my absolute best for this person, they will reward me for it.”
Sure there are businesses out there screwing their customers right and left, and they appear to be successful. Treating customers poorly may result in great short-term business performance, but never in long-term success.
Those companies will never, ever generate the type of loyalty that comes from treating your customers right the first time and every time. Such companies will never develop those wonderful long-term relationships that are the foundation of any truly successful business. Embrace this truth and watch your business grow.