Why do you do business with competition
Posted by NovaAngel at January 23rd, 2007
This is the flip side of the last question. By asking this question, you’re seeking information that will allow you to compare and contrast your customer’s opinion of you and your competition.
I don’t know any business or organization that doesn’t have competition. I don’t know any business or organization that doesn’t need to know more about their competition. It seems to me that asking your customers about your competition is an obvious place to start learning. Your view of your competition is inherently biased. You have preconceived notions of your superiority of product, your extraordinary customer service response, and your exceptionally speedy customer responsiveness. If you didn’t, you wouldn’t be working there, leading a team, right? Having a positive mental image of your organization is good as long as it is tested against your customers’ opinions on a regular basis.
It occurs to me that fear might stop you from asking this question. What if you found out that your competition was really doing a good job? What if your customer confided that they were switching to your competition? Think of it this way: What if your customer was thinking those things and you didn’t know about them? Without the information gained by asking this question, you have no chance to change things for the better. Shouldn’t you be more afraid of that?
You may lead in an organization that is fortunate enough and big enough to have entire departments that measure customer opinions. That doesn’t replace the value of hearing those opinions for yourself. Asking your customers questions about your competition will help you understand the reports that land on your desk in a deeper way. You may lead in a small organization where decisions are more often made by hunch than by research. Your quest to listen to your customers’ opinions of your competition is even more important. This information can provide valuable insights into your customers’ behavior in the future.
Finally, asking a customer this question might spark the awareness that you really care about their opinion. Certainly it will help them understand how much you value them as a customer.

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