Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / The Empathy Advantage: How to Scale Sustainably by Loving Your Customers
Transcript
- 0:01Hello and welcome, my name is Tavi Shima, AED.
- 0:05I solve sales and marketing challenges and I'm making
- 0:08today's podcast recording at home.
- 0:10So expect the usual interruptions since it's a
- 0:12public holiday and everybody's around.
- 0:15Now, the goal of this podcast is not to talk about my family
- 0:17life, but here we talk about business education.
- 0:20So do me a favour, please spread the word so that your friends
- 0:24and family members in Nigeria and abroad can benefit from the
- 0:27questions that we tackle. They can subscribe on Spotify,
- 0:31YouTube, Apple or any player of their choice.
- 0:34And if you in particular, dear listener, have any sales and
- 0:37marketing questions, bring them to me.
- 0:39You can call, you can SMS, you can send a WhatsApp message on
- 0:4308064662140. Now today on the podcast, we are
- 0:50going to look at how to scale a business with love and not just
- 0:54data. The reason why I want to look at
- 0:57scaling your business in more detail is because yesterday's
- 1:01episode, I think was yesterday's episode, if I remember
- 1:04correctly, that is where we tackled the question from I
- 1:07think was Uje in Abuja, that's the Federal Capital Territory of
- 1:11Abuja, who had some questions around how to scale his
- 1:16aggregator business. You know, he's in the business
- 1:19of doing logistics. So this is your first time of
- 1:21listening to the podcast. After you're done listening to
- 1:23this episode, skip one episode. Listen to that one.
- 1:26You will get the larger context. So for those of you who are
- 1:30newbies now, scaling a business, what does that mean?
- 1:33Scaling a business just means growing a business or
- 1:36multiplying your business beyond your personal effort.
- 1:42So, OK, well, there's no need for me to give any more examples
- 1:45because I gave an example in the previous episode.
- 1:48But basically when you get to that level where you're ready to
- 1:50grow the business and you want to expand it beyond what you can
- 1:54personally do, that is scaling. So for those of us who are one
- 1:59man team, A1 woman squad or a whatever, when you get to that
- 2:03point where you now want to start achieving beyond what your
- 2:08own personal efforts can guarantee, then we are ready to
- 2:12scale or we are trying to scale. Now, if you listen to
- 2:15yesterday's episode, you will remember that I said the things
- 2:19that are required to scale people, processes and
- 2:23technology. You need people because you need
- 2:26a team, because you need people to delegate something to Abby.
- 2:32You have to delegate something to exactly because if you want
- 2:34to scale your business and it's just you, then your business is
- 2:39limited to how much we can do. So for someone in my own
- 2:42situation now, for instance, I don't have any stuff at the
- 2:44moment, although I was discussing with my wife and, you
- 2:47know, later on I probably need to get an administrative
- 2:50assistant note for sending out invoices, you know, scheduling
- 2:54coaching sessions, you know, that kind of thing.
- 2:56So I probably need to get somebody like that sometime
- 2:59soon. But please don't start sending
- 3:00me your CV. I did not say I am hiring yet.
- 3:03I just said I was crossing with my wife and I probably have to
- 3:07hire somebody soon. But in the meantime, right now,
- 3:11things are limited to what I can personally do myself.
- 3:14In other words, if I don't do something, it does not get done.
- 3:18If I can do something but I only push it 50%, it will stay at 50%
- 3:22until I push it some more. But then when you don't have
- 3:25people around you and you build up a team and you can delegate
- 3:27stuff, then stuff can be done. You can take a holiday and
- 3:31things are still moving, or you can say you don't want to deal
- 3:34with something. You push it on to somebody
- 3:36else's table and the person will take it the rest of the way.
- 3:39So you need people and ultimately business is a team
- 3:44sport. So one way or another,
- 3:48eventually we're going to need a team.
- 3:50Now for people who are trying to build what they call cottage
- 3:54business or lifestyle business, then you know it's absolutely
- 3:57it's not necessary. So if you're just you and your
- 4:00wife and people are just fine, you know, you're making, you
- 4:03know, 10M20M every year and people are just cool.
- 4:05You don't want to grow to 4050, sixty, 8100, You know, it's all
- 4:09right, it's not a big deal. But for people who want to
- 4:13scale, eventually you have to start building teams of people
- 4:17outside you so that you can delegate something so that
- 4:20people have responsibility for moving other things beyond you.
- 4:23So that's the people part. Then we need processes.
- 4:26Processes or systems. The whole idea behind processes
- 4:29and systems is this. The people that you have hired
- 4:32to work for you, they need some sort of compass to tell them
- 4:35this is where we are going, this is what we're going to do next,
- 4:39and this is the right order for how we're going to do these
- 4:41things. If we don't have processes and
- 4:44systems, then what's going to happen is whenever there's Yawa,
- 4:47whenever there's a problem, whenever you're trying to put
- 4:50some new agenda, everybody's going to keep buzzing your phone
- 4:53to say, oga, what's next, Madam, What's next?
- 4:57I run into this problem. What am I supposed to do?
- 5:00And then you will now look as if you are trying to reduce your
- 5:03headache, but by hiring more people, you have multiplied your
- 5:06headache. Well, in a certain sense, yes,
- 5:07more people means more headache. But The thing is, if you do not
- 5:11have systems and processes and frameworks in place, there's
- 5:15nothing to tell people. This is where we're going and
- 5:18there's nothing to tell people. This is the next order in which
- 5:21things ought to be done. Then you will always be your
- 5:25headache that we'll always have to call you back.
- 5:27So we definitely need processes and systems.
- 5:29Then technology. Technology, of course, just
- 5:32means the tools that we use to leverage our effort and also to
- 5:37make things more effective. So like in my own case now, for
- 5:41instance, the podcast, the podcast is one way that I
- 5:44achieve leverage. I create a bit of content, I put
- 5:47it up on the podcast, and then hundreds and thousands of you
- 5:50will get ahead. So I'm multiplying my effort,
- 5:55multiplying my impact because I'm using technology to leverage
- 6:00certain aspects of my business. And you will have to do it too
- 6:04when you are ready to scale. I'm not saying you'll have to
- 6:06start a podcast, but there will be ways that you can look at
- 6:09certain technologies that will make you more effective and make
- 6:14it easier for you to scale. So in yesterday's podcast
- 6:18episode, we're looking at how Uche, if Uche was able to get a,
- 6:23a dispatch, a digital dispatch board, it will make the business
- 6:27a whole lot easier because there are lots of you in which is
- 6:30situation and the only way that you're tracking dispatch is
- 6:34because you know, you have your cousin who is helping you.
- 6:37My cousin is using WhatsApp. In other words, if somebody
- 6:40pings and says how far now I paid since 8:00, he will say you
- 6:44deliver by 10. It's currently 11.
- 6:46Where are you people? That is how somebody's managing
- 6:48the thing using WhatsApp. And yeah, at the end of the day,
- 6:52we'll get the job done. But The thing is it's not very
- 6:55effective. And then because of lapses in
- 6:57the process, they're going to be lots of customers who'll be
- 6:59unhappy because somebody paid at 8:00.
- 7:01You do the person, you deliver at 10, the person is now sending
- 7:04you angry WhatsApp message at 11 saying how far?
- 7:06I've not seen dispatch writer. But if you have a digital, a
- 7:12dispatch board, I'll be whatever that thing is called, so I can't
- 7:15remember. Then there's something that is
- 7:17pinging that is showing in real time.
- 7:20This person paid at 8 O clock. This is where the person's order
- 7:23is now. It's on the showroom floor.
- 7:24We are packaged. We have given to dispatch
- 7:27writer. This is where dispatch writer
- 7:28is, you know, so that kind of thing.
- 7:31Be able to stay on top of things.
- 7:32One person will be able to stay on top of multiple deliveries.
- 7:37Instead of just being in a WhatsApp message inbox and then
- 7:41responding to angry customer messages all the time, the
- 7:45person will be able to be proactive.
- 7:47So depending on your business, depending on the context, your
- 7:51context, you will need people to scale, you will need a team, you
- 7:55need people to delegate things to, you will need processes.
- 7:59You need to come up with frameworks that tell people,
- 8:01what are we doing today? What are we doing tomorrow as a
- 8:05company? Where are we heading?
- 8:07And then for this particular task, task, what are we going to
- 8:10do? What is step A, What is step B,
- 8:11What is step C? And then you will need
- 8:14technology so that you can leverage everybody's efforts and
- 8:17then make everybody effective. So if this is your first time
- 8:20listening to the podcast, like I said, when you're done, just
- 8:23listen to yesterday's episode, you will get a much more
- 8:27concrete example about scaling a case study.
- 8:31So now, OK, like I said, we're going to look at scaling a
- 8:36business with love, not just with data.
- 8:39So what is data now? Data is just information that
- 8:42you need for decision making, full stop.
- 8:46The reason why we need data is because you can't scale a
- 8:48business in a vacuum. Well, you can.
- 8:50You can just wake up one day and say I want to scale my business.
- 8:52You can't do that. It works, but it will help if
- 8:55you have small data, if you have small information because you
- 8:59need something that's going to guide how you're making this
- 9:02decision. Where am I starting from?
- 9:05Where am I moving to? If I'm scaling, what kind of
- 9:08level am I scaling to? Can we double production?
- 9:12Can we triple? Can we quadruple?
- 9:14You don't just make those decisions in a vacuum.
- 9:16You need some kind of data to know where it is that you're
- 9:18moving to. So one set of data that you need
- 9:22obviously is financial data. You need to know, are you
- 9:25growing? Are you stagnant or are you in
- 9:28decline? Are you guys making profit?
- 9:30How much, How much profit are you making?
- 9:32Are you operating margins good or bad?
- 9:34Do you guys have good cash flow? In fact, listening about
- 9:37operating margins, if you listen to yesterday's episode, that's
- 9:40exactly what I was talking about.
- 9:41When I was talking about what was it called, again, I've
- 9:46forgotten, I was talking about unique economics.
- 9:50Unique economics? How much profit are you making
- 9:53on one particular thing that you sell on each delivery?
- 9:56How much money are you making? Or let's say you sell bathroom
- 9:59slippers or I don't know, what can I think of standing fans?
- 10:05OK, so let's say you're in the business of selling standing
- 10:07fans, AC, things like that. Are the unique economics good?
- 10:10Are you making enough money on one?
- 10:13Now we need to know the answer of all these things because when
- 10:16we're going to scale is money that we'll use to scale.
- 10:19Now remember I said people, processes, technology,
- 10:23technology, you will pay for it, OK, Processes, you define, you
- 10:27design it yourself. But then people should be you
- 10:30pay salary. So we need money.
- 10:34So we definitely didn't know the finances, the figures, how is
- 10:38the business doing? That's all.
- 10:39Let us know whether we can scale this year or not.
- 10:41Because you can wake up and say, guys, I beg, let's scale this
- 10:44business, let's double production.
- 10:46Whenever by the time you sit down and look at your figures,
- 10:48you see that or more, you can't afford to double production,
- 10:50then what you do now is to continue where you are until the
- 10:53financial figures is adding up. They can also, OK, we're ready
- 10:56to scale. Then you will also need customer
- 11:00data. So that's all the good stuff
- 11:01they taught us in primary school or junior secondary school.
- 11:04Those of us who did their business studies, you know, back
- 11:07then, they teach us about demographics.
- 11:09So demographics of your customer, you know, who are
- 11:12they, how old are they, what is the occupation, where do they
- 11:15live, you know, blah, blah, blah.
- 11:16So that's what they taught us back in the day, demographics.
- 11:19But with the advent of social media technology, it's now
- 11:22easier to track people's interests.
- 11:26So those ones are called psychographics.
- 11:27So what are they interested in? So we need to know all those
- 11:30things. You need to know your customers,
- 11:33who are they? Where do they live?
- 11:36What do they like? What are they interested in?
- 11:37What are their hobbies? All these things are important
- 11:41because from a sales and business development
- 11:44perspective, let us remember that if we do not know who we
- 11:47are chasing, we will waste time and we will waste money running
- 11:51after every Peter and Paul and Precious and you know, and at
- 11:56the end of the day, you don't make anything because you are
- 11:57chasing the wrong person. Sometimes we waste a lot of
- 12:01resources chasing somebody who will never, ever, ever buy.
- 12:05It's a conversation that I had with someone yesterday who is a
- 12:07media buyer and she told me, I asked who is your ICP?
- 12:10And she said what she say again, She said professional, What do
- 12:16you say again, senior, mid to senior level professional
- 12:19something, something. The moment she said it, I could
- 12:21really see problem because I was thinking, look, some of these
- 12:24people that you're calling like people who are trying to rise up
- 12:27the ranks within the corporation, these are not
- 12:30necessarily people who want to pay money.
- 12:31So I asked her, OK, your first client, who's the, who's the 1st
- 12:34client she ever had to say, oh, was a businesswoman based in
- 12:37Lagos. She was manufacturing, this was
- 12:39a product that she was manufacturing.
- 12:41The factory was here, she has 200 employees, blah, blah, blah.
- 12:43Said, hey, you see that has a different kind of person.
- 12:48This kind of person now is willing to invest money to buy
- 12:51media services because she's manufacturing, she's
- 12:55manufacturing in Lagos, she has products that she wants to sell.
- 12:59So for her, she's thinking even if it's 5050, but if I'm able to
- 13:02get on the air, if I'm able to get on the radio, if I'm able to
- 13:05get here, if I'm able to get there, it should be able, it
- 13:09should be able to give me opportunities to be able to sell
- 13:11my product. So aside you how show her that's
- 13:16the media relations professional, how you know
- 13:20you're not looking at this ICP thing correctly.
- 13:22You're spending time talking to people who will never, ever,
- 13:25ever pay you money. But if you look at this person
- 13:27now, this woman, she's a businesswoman.
- 13:29She's thinking in terms of narrow and Kobo.
- 13:31So for her, it's a calculation of OK, whether I'm gambling or
- 13:35not, but she's trying to see, you know, where will I spend
- 13:37money that will give me access to different eyeballs so that
- 13:41people will now buy my product or my service.
- 13:43And then we started to refine our ICP.
- 13:48So in the beginning, we need to know who are you chasing?
- 13:53A lot of you. The reason why a business is
- 13:54struggling is because you're wasting time talking to Peter
- 13:56and Paul. Meanwhile, Peter and Paul will
- 13:58never, ever drop money for you. But then Precious is over there.
- 14:03For some reason. You don't know that Precious is
- 14:04your ideal customer, so you're not spending time talking to
- 14:07Precious. So customer data, we need all
- 14:10that data. Demographics, psychographics, We
- 14:13need to know what's up. We need to be talking with our
- 14:15customers. We need to be getting feedback
- 14:18from our customers. We need to be able to track the
- 14:21sentiment of our customers, who is happy, who is not happy, and
- 14:24that's the reason why I talk to people about CRM, customer
- 14:27relationship management tool. Now it doesn't have to be
- 14:31anything fancy, but even if you're this business that is
- 14:33using Excel sheets and you're tracking things like you did
- 14:36customer with Missus Ogadingbay, this is how much Missus
- 14:39Ogadingbay paid. This is where she lives, this is
- 14:41her business, blah, blah, blah. This is how the deal went.
- 14:45Missus Ogadingbay was happy about this much, was
- 14:48dissatisfied about this. Even if you're using Excel sheet
- 14:51to track these sorts of things, you see that when you're now
- 14:54ready to scale and you're getting ready to for your new
- 14:57marketing campaign and everything to now attract more
- 14:59people because you've doubled your capacity.
- 15:02You can see that is when you have all these concrete data,
- 15:04all the people you've been doing business with, Mr. Pius, Mrs.
- 15:07Ogdenbe, Mr. Amado, you know, is that you'll now be able to say
- 15:11that, oh, OK, This advertising campaign that we're doing, we're
- 15:14supposed to be targeting this kind of somebody, this kind of
- 15:16somebody, that kind of person. So we need a customer data, then
- 15:21another set of data that you need before you scale.
- 15:25Operational data. Very, very important.
- 15:28Basically, when I saw operational data, I just mean
- 15:30production and lead times. So like back in my wedding
- 15:33photography days, the boys that I used to work with, to be
- 15:37honest, they could produce a book in 3-4 days.
- 15:41But me, I used to pad, I will now tell the customer that it
- 15:44would take them two weeks for the book to be ready.
- 15:46Because sometimes the boys will produce the book in three days.
- 15:49By the time you carry it, you will now see some serious error.
- 15:52You now have to take the book apart and then make it again.
- 15:56And I prefer telling somebody your book will be ready in two
- 15:59weeks and then I come back to them in five days and say, oh,
- 16:02the book was done early. They'll be happy rather than me
- 16:05telling them your book will be ready in four days.
- 16:07I spot an error and I said, oh, you know what?
- 16:09Unfortunately it will be right in actually Wednesday.
- 16:11So me, I was used to pad, but that's what we mean basically by
- 16:15production and lead times. How long does it take you to do
- 16:18fulfillment? How long does it take you to
- 16:19manufacture? How long does it take you to
- 16:21deliver? You know, things like that.
- 16:23How much inventory do you have in store?
- 16:25We need all this information because if your production times
- 16:29and lead times are bad because you want to scale, you now
- 16:33double capacity. Yeah, last week you serviced 100
- 16:36customers, but you want to scale.
- 16:38So this week you pushed and you get 200 customers.
- 16:41But if your production times and lead times are poor, man, that
- 16:45will be a lot of angry people, a lot of angry people.
- 16:51If your capacity right now is that you can only service 100
- 16:53customers a week, I beg continue to service those 100 customers a
- 16:57week until realistically speaking, you have the finances
- 17:01and the infrastructure to be able to increase your capacity.
- 17:05Because The thing is, if you service 100 people comfortably
- 17:08every week, you want to scale, you push to 200, you're now
- 17:11creating a bad experience for customers.
- 17:14You now start causing attrition and you now start causing bad
- 17:16reputation for yourself. Attrition just means anytime the
- 17:19customer is interacting with you and they have an unpleasant
- 17:22experience and that causes them to fall out.
- 17:25And unfortunately, when things are good, people are happy, but
- 17:28they don't really talk about it. But when things are bad, people
- 17:31are angry and unfortunately they talk about it a lot.
- 17:36Don't say it's not fair. It's just the human condition.
- 17:39If you do well, people will be happy with you.
- 17:41They will tell one or two people, but if you do bad,
- 17:43they'll be angry and they will tell six or seven.
- 17:45It's just, it is what it is. So you need your operational
- 17:48data to make sure that everything lined up nice,
- 17:52everything is lining up smooth before you try to scale.
- 17:57So this is some of the data that you need.
- 17:59And The thing is, you know, if you talk to people who are
- 18:01specialists in this field, there are lots and lots and lots of
- 18:03other things that you need. But I'm just trying to show you
- 18:05how, if you want to scale, you don't just wake up one day and
- 18:08say, whoa, bio, let's say Bio is your business partner, or
- 18:13Benedicta, OK? You don't just wake up one day
- 18:15and say Bio Benedicta. You know, we've been doing this
- 18:17business for five years now and we're currently averaging 10
- 18:21million in annual revenues. You know, I believe that, you
- 18:26know, we've been in this business for a while.
- 18:27We suppose scale we should be doing like that kind of 150 M.
- 18:30You don't just wake up and decide like that.
- 18:32You look inside your house and you calculate one or two things.
- 18:35First, you now see if you have what is needed, what is on
- 18:38ground that will allow you to now scale.
- 18:40So there's a whole lot. Now some of you ask what has
- 18:44love got to do with this thing? Because remember I said we're
- 18:47going to see how we can scale the business with love and not
- 18:49just data. Some of you say it is business,
- 18:52ain't nothing about love here. When we talk about business, we
- 18:55just need data. We just need money.
- 18:58And in a sense, I would say you're correct.
- 19:00But to be honest, if you've noticed, we've done over 1000
- 19:04episodes and I've not made any episode around love,
- 19:07authenticity, blah, blah, blah, all that soft fancy stuff.
- 19:11The reason why I don't talk about these sorts of things on
- 19:12the podcast is because, well, first of all, they're easy to
- 19:15talk about and you can talk about in a sentimental way.
- 19:18And so because of that, everybody's talking about how
- 19:21you should love your customer. However, I'm going to bring a
- 19:25different perspective to it because when most people say
- 19:28love, they're talking about feelings.
- 19:31However, if you don't look about, you don't talk about
- 19:34love, especially from a rational point of view, love does doesn't
- 19:37mean feelings. I'm Catholic, in case you don't
- 19:41know. Well, for those of you
- 19:42listening, you already know that I'm Catholic.
- 19:44Now the Catholic tradition, especially from the writings of
- 19:47Saint Thomas Aquinas, we know that love is willing the good of
- 19:51the other for the benefit of the other.
- 19:54So let me repeat, love means you want another person to do well.
- 19:59You want another person to succeed.
- 20:02That actually is what love is. It's not about the fancy
- 20:04feelings. That's the reason why for those
- 20:07of you who listen to have listened to the podcast for a
- 20:09while, you remember that time that me and my son were
- 20:11quarreling and he was saying that, you know, I don't love
- 20:14them. I was like, look, I love you
- 20:15boys. That the fact that I'm shouting
- 20:19and the fact that once in a while.
- 20:21I knock you on the head doesn't mean that I don't love you.
- 20:24That love is not about fancy feelings.
- 20:26Hollywood is deceiving us all. That love is fancy feelings and
- 20:29that's rubbish. That love is when I will your
- 20:35own good for the sake of your own good.
- 20:38I want you to do well for your own sake.
- 20:41That is what determines that I love you.
- 20:43So I told my sons like, yes, that I'm shouting at you doesn't
- 20:47mean I don't love you. It's a sign that I love you
- 20:50because I want you to do well for your own sake, not for me,
- 20:54because me, I'm trying to arrange my own self, whether I
- 20:57succeed or not, you know, that's another whatever.
- 20:59But for you, I want you to succeed on your own merit.
- 21:03For you, that is love, Dave. I'm looking at you boys and
- 21:08smiling at you people every single day.
- 21:10But because of that, I'm not trying to set your people right.
- 21:14That's not love. OK, maybe I shouldn't be
- 21:17knocking people on the head all the time, I understand.
- 21:21But I have to tell them now. Look, love is not about fancy
- 21:24feelings. Excuse me?
- 21:27And the time will come very soon when you boys will be fathers as
- 21:31well. Don't be deceived by what
- 21:33Hollywood says, that love is about fancy feelings.
- 21:37Because you can be fancy feeling your children all the time and
- 21:39because of that you, you forget or you're not willing to tell
- 21:45them what is good for their own sake so that they can progress.
- 21:48That's not love, that's just pandering anyway.
- 21:52So that's the same thing in business.
- 21:55Loving your customers is not just about fancy feelings and
- 21:58wonderful designs. You know, that's what we do in
- 22:00Niger all the time. Never wants to be more loving.
- 22:03What do they do? They create better graphics.
- 22:06What a board wants to be more loving, they create better
- 22:08graphics. Government, power, State House,
- 22:11you know, they create wonderful advertising campaigns, wonderful
- 22:15mascots and things like that. They're trying to put a much
- 22:17more loving face, you know, but we APP, you're just creating
- 22:22nice optics. But me, the customer, I'm not
- 22:24feeling the love. So when you start willing the
- 22:30good for somebody else, you want the good of the other person.
- 22:35That's when you're showing love. Now, what does all this name
- 22:38mean in the business context? I'm talking about Catholic
- 22:40Church, I'm talking about Thomas Aquinas, and I'm talking about
- 22:42my children. So let's forget all that thing.
- 22:44Let's come down to business now. So what does love mean in the
- 22:48business context? When you want what is best for
- 22:50the customer. Now we're talking love because
- 22:57we're looking at the customer. We are being customer focused.
- 23:00It's not about fancy feelings. When you start looking at what
- 23:05is in the best interest of the customer, now we are talking
- 23:09love, real love. Whether you actually like them
- 23:13or not, whether you actually have fuzzy feelings or not, the
- 23:16fact that you're putting down interests first.
- 23:18Now we're talking love. So we should be scaling, not
- 23:22just for profit, not just because Bio Benedicta, we've
- 23:27been in this business for 10 years.
- 23:29We've not broken the five million level.
- 23:31You know what we need to scale? We need to be doing 150 million
- 23:34per annum. Not just that.
- 23:36So scale not just for profit, but scale because you want to
- 23:41achieve wider customer impact or because you have the capacity to
- 23:45achieve wider impact and to deliver more value.
- 23:50When you look at things from that level now you are scaling
- 23:53with love. It's not about fancy feelings.
- 23:57It is because of the good of the market and the good you think
- 24:01you can do in the market. Now the way this thing works is
- 24:06all about the value exchange. You deliver value, you capture
- 24:09value. That's how we all make money in
- 24:12business, like take down with it with the refinery, deliver value
- 24:16to the market, capture some value is the way it works.
- 24:19Or like me as a, as a consultant, I deliver value to
- 24:23you, your business grows, you make some progress, I capture
- 24:27some value, you pay me good money.
- 24:30So that's how it works. So if you're going to scale now
- 24:33we love with the customers, the focus, the question that becomes
- 24:38how do you scale while keeping the customer as the centre or
- 24:43what the focus of it all? First off, you listen actively
- 24:49at all times to your customers and this is where people make
- 24:51mistakes. You'd be surprised.
- 24:54A number of people that I talked to and I say, oh, like the lady
- 24:58yesterday that I was talking to, the one who is in media
- 25:00relations. Oh, OK, so the woman who you
- 25:03able to your first client that you secured media coverage from,
- 25:06how you got her on Channels TV, you know, blah, blah, blah.
- 25:08What was she trying to do in her business?
- 25:10I don't know. I'm like you didn't ask her said
- 25:12no, I didn't ask. So we are not even listening to
- 25:15your customers ask. OK, ma, we're going to get you
- 25:19on this slot this and this that and that.
- 25:22Where are you currently with your business?
- 25:24What are you trying to achieve? What are you hoping that if we
- 25:27get you on Channels TV that we'll be able to help you do
- 25:31this, do this, do that. Lots of you don't even talk to
- 25:35your customers. What is she trying to do?
- 25:38I don't know. Were there other campaigns that
- 25:41were running in the business that we could have tied back
- 25:43into this media or something? Oh, I don't know.
- 25:45I didn't ask her. Well, no, even talking to your
- 25:48customers, talk to your customers.
- 25:52What are they trying to do? What are they trying to achieve?
- 25:56In fact, from a sales and business development
- 25:57perspective, the reason why we ask them is because that is what
- 26:00will allow us to now give a much more tailored and effective
- 26:06proposal. Because think about it, somebody
- 26:08come and says I want to be on Channels TV.
- 26:09You say, OK, sure, no problem, I can put you on Channels TV, just
- 26:13pay me 250,000 naira, I'll hook it up.
- 26:15The person pays you 250,000 naira, you put them on Channels
- 26:18TV, you go your way, they go their way.
- 26:23But if you ask some questions, oh fine, no problem, I can get
- 26:26you on Channels TV. But before I start hooking it
- 26:28up, what exactly are you trying to achieve?
- 26:32Oh, this is my business. This is what I'm doing.
- 26:35I'm trying to grow like this, blah, blah, blah, blah.
- 26:37OK, What campaigns are you currently running now, whether
- 26:41offline or online? Is there any promo that you're
- 26:43doing or something? Oh, OK, OK.
- 26:47Based on what you're doing now, Ma, I know you want to be on
- 26:49Channels TV, but to be honest, it might make more sense based
- 26:52on this and this and this campaign that you're running.
- 26:55Maybe we should put you on a radio slot instead for this
- 26:57particular station so that we'll tie in this radio thing with a
- 27:01call to action that will feedback into all these other
- 27:03things they are working on. That is when we don't end up
- 27:09with a situation where people are happy with our services.
- 27:12Because I told her that these are the things that cause
- 27:14misunderstanding in business. Somebody will say, give me 250,
- 27:20put me on channels. They pay you 250K.
- 27:23You put them on channels you, you know, you've done a good job
- 27:26to the best of your ability. The other person, since you
- 27:29didn't have the conversation, the other person gets on
- 27:31channels TV. And the end of the day, the
- 27:33channels TV doesn't give her any results.
- 27:36Who do you think she'll be angry with?
- 27:37You think she'll be angry with herself?
- 27:39She will be angry at you, the business provider that you
- 27:42didn't sort out. Well, the reason why she would
- 27:45feel that way is because you didn't have the conversation
- 27:48with her. So you are not able to make the
- 27:50recommendation that actually was best for her to fit her needs.
- 27:55Lots of business owners in Nigeria say that Nigerian
- 27:58customers are ungrateful. The problem is not that we're
- 28:00ungrateful. You don't know your customers,
- 28:02you've not been asking any questions and so because of
- 28:04that, you're delivering something of value in your mind
- 28:08but it's not of value to them. You didn't ask them what was in
- 28:11their mind. So you don't know what it is
- 28:12that they're trying to achieve. Talk to your customers, listen
- 28:19actively. There's also something that
- 28:23people in America now talking about, they say social
- 28:25listening. Basically that means when you
- 28:28just look at social media and you see what kind of things that
- 28:30people are saying. So that's social listening as
- 28:32well. From looking at social media,
- 28:35you'll be able to know what's up.
- 28:37OK, Like I mentioned NEPA and water board.
- 28:39To be honest, NEPA doesn't need to call me to ask me what's the
- 28:42problem. All they have to do is all they
- 28:43have to just go and check Twitter, see what people are
- 28:47tweeting about. Whenever what they're tweeting.
- 28:50That is public sentiment. Sorry, I say public.
- 28:54That is your customer sentiment. That is what your customers are
- 28:57thinking. So there are some industries
- 28:59where all you have to do is just go and open social media.
- 29:02You will see what is on the mind of people because they're
- 29:06talking with their food chest. You now know that.
- 29:08Oh, OK, we've been doing this. This is the progress we're
- 29:12making. But honestly, our customers,
- 29:14they feel like they feel like it is pinching them this way or
- 29:16just pinching them that way. So listen to your customers at
- 29:22all time. Engage in conversations.
- 29:25If you don't like engaging in conversation and you're in the
- 29:27kind of industry where you can get lots of feedback, do social
- 29:31listening. So for those of you who are in
- 29:33the media buying space, in the PR space, in the market
- 29:35communication space, if you don't have leave out to be
- 29:37asking people questions, just be paying attention to what people
- 29:42are saying online. You will get a sense.
- 29:45For instance, online, people like to complain that they paid
- 29:48for advertising, but advertising is useless.
- 29:50They're not getting any returns. So we've joined the marketing
- 29:54communication space. Just by paying attention to
- 29:56social media, you will get a sense that OK, people are paying
- 29:58us for advertising but they think the advertising is
- 30:01ineffective. Either we shall listen.
- 30:05If you ask me, Listen by how? By having conversations.
- 30:08In fact, be doing both, be having the conversations and be
- 30:11doing social listening. Then also, as you're talking to
- 30:14customers, you should try and identify friction points in
- 30:17customer interaction because when you try to scale your
- 30:20business, those points will be really, really tested.
- 30:24Think about it, there was a time when Nigerian banks, if you call
- 30:28the Nigerian bank, they'll put you on hold maybe like 2
- 30:31minutes. I know some of you listening now
- 30:33will be like what, 2 minutes? Yeah, There was a time actually
- 30:37that if you call the bank, you'll be on hold maybe 2
- 30:40minutes Max. But I was then now even 2
- 30:45minutes. In my own opinion, I think it's
- 30:47a long time for somebody to wait, somebody who is angry
- 30:49about something. But then Nigerian banks want to
- 30:52scale and they're not doing a good job of testing their
- 30:56capacity and whether they have what it needs.
- 31:00And so they go ahead and they scale anyway.
- 31:02And then what happens? Now there are some banks that I
- 31:05don't even bother calling. I don't even call the bank's
- 31:07name. There's one bank that's put me
- 31:08on hold 30 minutes. So now I don't even bother.
- 31:11If there's a problem, my wife would say call customer care.
- 31:14I'm like, no, I don't. I beg.
- 31:15I'm not calling customer care. What I'll do is tomorrow morning
- 31:17after I drop the kids at school, I'm just driving to the bank
- 31:21because I don't have to wait on the phone in 30 minutes.
- 31:24I just drop the kids in school. I'm going to the bank and I want
- 31:26to talk to customer care what we say about you're wasting time
- 31:30and I was like, look at back for me just feels better that way
- 31:34instead of calling and waiting 30 minutes because sometimes
- 31:36they put you on hold 30 minutes and then at a minute 35, the
- 31:40line will just cut. I've wasted my time.
- 31:42So may I prefer I drop the kids. I walk in and I see them.
- 31:48So identify friction points. If your customer service, you're
- 31:53keeping people to wait for two minutes when they call because
- 31:57they want to report the problem, you now know that OK, you know
- 32:00what? By the time we scale, this
- 32:01friction point will be tested. We need to plug this thing.
- 32:05We need to work on something here.
- 32:07We also need to prioritize seamless service.
- 32:09Try and make things smooth for your customers.
- 32:11I beg you, try and make you smooth especially for Nigerian
- 32:13businesses. Do you know why?
- 32:15This is the reason why in Nigeria, nobody gives an F about
- 32:19the customer. As long as people are counting
- 32:21money, they're fine. When you show up on the scene
- 32:24and looks as if you care for the customers, ha, Nigerian
- 32:31customers are not used to being treated.
- 32:33They're not used to receiving nice professional treatment.
- 32:36So the moment anybody comes and is providing some kind of nice
- 32:39professional treatment, people fall in love with you.
- 32:42I remember the first time I told somebody, oh, I'm absolutely
- 32:48sorry, it's my fault. I take full responsibility for
- 32:52that. Please Ma, don't be annoyed, I
- 32:56need to ask you a couple of questions so I can try and
- 32:58figure out what is going on here and I'll do my best to make sure
- 33:01that we resolve the problem. The way she calmed down, even
- 33:06me, I was surprised. The reason why she calmed down
- 33:09like that is because that woman has never, ever, ever heard
- 33:12anybody in her 40 something years of life has never heard a
- 33:17Nigerian businessperson tell her that.
- 33:19Omar, I'm absolutely sorry. I take responsibility for this.
- 33:23This is not what we intended. We will do our best to resolve
- 33:26the situation. But before we do that, can I ask
- 33:29a couple of questions? I just want to understand what
- 33:31it is that went down so maybe we can copy the proposal that work
- 33:34for both ways that you will be satisfied.
- 33:36We to be satisfied. Nobody ever spoken to her like
- 33:38that. So Duma was shocked and she
- 33:40calmed down. I'm telling you, in Nigeria, the
- 33:45standards are not too high. People are used to being abused
- 33:49and harassed. So the moment you start showing
- 33:52some of these things in your business set you apart a lot.
- 33:58Try and make sure that your service is seamless.
- 34:04This thing of that I said about somebody who deliver who pay for
- 34:07meat at 8:00. I said the meat should be
- 34:10delivered by 10 in the house and then by 11 you start calling the
- 34:14cost the the company that how far I've not seen your delivery
- 34:17people. Now think about it.
- 34:19If you come into this space, you're selling meat on
- 34:23Instagram. The fact that you deliver on
- 34:27time sets you apart from every other business.
- 34:29Trust me, the fact that you tell somebody who deliver by 1010
- 34:33o'clock you show up even now, one will set you apart because
- 34:36the average person, the average business, Nigeria will promise
- 34:39you 1012 o'clock you've not seen them 1:00, you're still chasing
- 34:43them. They will now deliver at 4:00 in
- 34:45the afternoon even though they promised you they will deliver
- 34:47at 10. So for you, in fact, you don't
- 34:50even have to be on time, just be 30 minutes late, you're ready.
- 34:54You're already better than all the other people anyway.
- 34:58So your service, prioritize seamless service.
- 35:03Then Omni channel support. People should be able to reach
- 35:05you multiple ways, phone, e-mail, chat, social, any which
- 35:09way. And then of course you have to
- 35:10train your employees to be customer facing.
- 35:16So that is how you keep the customer at the centre of it all
- 35:19when you are ready to scale. All right, so we're almost at 40
- 35:23minutes. Let me just bring this thing to
- 35:24a close summary of what I'm trying to say is scale your
- 35:28business. Yes, but don't just scale
- 35:30because you need more money. Scale because there is more
- 35:34value that you can deliver to the market and you actually have
- 35:37the capacity to deliver on that value.
- 35:41And then keep the customer as a focus while you're scaling your
- 35:44business or else you will create some serious problems.
- 35:49And remember, as our Uncle Peter Drucker said, if you don't have
- 35:54customer, you don't have business.
- 35:57I repeat, if you don't have customer, you do not have
- 35:59business. So that's the reason why they're
- 36:01important. So that's all for today, folks.
- 36:04Remember, if you have any sales or marketing questions, bring
- 36:07them to me. You can call, you can SMS, you
- 36:09can WhatsApp me on 08064662140. Thank you very much for your
- 36:14time and attention. I will catch you next time.
- 36:17Same place in your headphones or in your speakers.