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Customer Goldmining
Digging for the golden nuggets
The
company that knows, understands and cares about its customers wields the
ultimate competitive advantage: loyalty. Customer loyalty in turn
creates one of the most important business benefits: positive word of mouth.
More than any claim by a company or industry analyst, positive word of mouth
from customers influences people to buy. This kind of validation also creates
belief, the kind that persuades media that a company is genuinely newsworthy.
It’s a very simple formula: Got customers? You get media coverage. No
customers? No coverage. Unfortunately, the vast majority of companies still
don’t know who their customers are, let alone if they are referenceable. It’s
often a complex, frustrating and sometimes impossible task to acquire a handful
of customers willing and responsive enough to talk to the media.
For this reason,
Beaupre & Co. created Customer Goldmining™ in 1995 to consistently transform customers into great media
placements. Customer Goldmining is a trademarked methodology centered on
creating “active references,” i.e., customers who will freely and positively
speak to media on a company’s behalf. It is focused on convincing customers to
go to bat for a company at a moment’s notice in an on-the-record media
interview. This differs sharply from “passive customers” that only provide
pre-approved quotes for news releases and brochures. There’s a vast chasm
between the two. Active references lend credibility to the benefits of a
company’s products and services and create belief with the press, industry
analysts and potential customers.
Uncovering and
cultivating active customer references is a full-time effort with many challenges. Customers are busy
with their own jobs. Sometimes they can’t be a reference. Sometimes they don’t
know if they can even speak publicly about another company or product.
Sometimes corporate PR policies prevent them from doing interviews, even if
they’re willing. Customer Goldmining has the magic to break through most
customer and client roadblocks with a proven 21-step
methodology that combines research, intensive interviewing and negotiation to get the maximum value from every reference.
What can be done
when customers don’t exist? Create them.
How? With a supporting Customer Goldmining
methodology called ProspectingSM. As the name implies, prospecting is focused
on targeted customer prospects, i.e. people in companies who could buy and/or might
use a company’s products and services. Prospecting identifies likely targets
and negotiates their participation in specific opportunities.
If active customers
are the gold nuggets in Customer Goldmining, then great press hits are the
freshly minted gold coins. At Beaupre & Co. we have consistently turned
customer references into major coverage in national business publications like The
Wall Street Journal, Business Week, USA Today, The New York Times, Forbes and
Fortune; broadcast and cable networks like CNN, CNBC, NBC and CBS and major
technology industry publications like CIO, Network World and InformationWeek.
We’ve done it for huge multi-national corporations like Oracle, IBM and Sun
Microsystems and for early stage companies.
Just
as miners sift through tons of rock and gravel to find elusive gold nuggets,
Beaupre & Co.’s Customer Goldmining professionals plow through hundreds of
rough leads to locate active references with great stories. Through Customer
Goldmining, we not only separate the gold from the gravel, we figure out where
to dig for the nuggets that will help create credibility and belief in a
company and its products.
[PRINTER FRIENDLY VERSION]
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