How to Build & Succeed at Customer Loyalty from Jeffrey Gitomer

4 Jan 2025 · 8 min

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In short

Podcast Summary: The $100M Entrepreneur Podcast - Episode with Jeffrey Gitomer

Overview

Podcast Title: The $100M Entrepreneur Podcast Episode Title: How to Build & Succeed at Customer Loyalty from Jeffrey Gitomer Host: Brad Sugars, founder of ActionCOACH Guest: Jeffrey Gitomer, sales expert and author Episode Description: In this episode, sales expert Jeffrey Gitomer shares his formula for success, emphasizing the importance of customer loyalty and proactive service in sales.

Key Concepts Discussed

  1. Core Philosophy
  2. Help Customers Win: Gitomer introduces the three essential words for selling: help customers win. Success hinges on providing value and ensuring customers feel victorious through their business interactions.
  3. Value First: Gitomer believes in giving value before expecting anything in return. This includes establishing long-term relationships and enjoying the sales process.
  1. Building Customer Loyalty
  2. Proactive Service: Gitomer suggests that businesses should go above and beyond to serve their customers unexpectedly. For example, being present during product delivery and providing personal contact for support.
  3. Celebrate Victories: Companies should acknowledge and celebrate their customers' successes, fostering a deeper relationship beyond the initial sale.
  1. The Role of Trust in Sales
  2. Hierarchy of Trust: Gitomer explains that trust is built on liking, believing, and confidence in the seller. If a customer does not trust you, they won't do business with you.
  1. Modern Sales Techniques
  2. Follow Through vs. Follow Up: Gitomer emphasizes the difference between these two concepts. Follow-through involves ongoing engagement and support, while follow-up is often transactional.
  3. Embracing Digital Transformation: He highlights the growing importance of AI and digital tools in sales, urging salespeople to adapt and utilize technology to enhance customer engagement.
  1. Customer Experience Evolution
  2. From Customer Service to Customer Experience: The shift is towards creating a positive experience for customers based on how they feel treated, rather than merely addressing problems reactively.
  1. Adapting to the Digital Age
  2. Using AI Effectively: Gitomer discusses how AI can be a tool for enhancing sales but emphasizes that personalization and human touch remain irreplaceable in building customer relationships.
  3. Salespeople's Role: Traditional sales roles are evolving; salespeople must adapt to new tools while maintaining genuine connections with customers.

Key Takeaways

  • Value Creation is Key: Always prioritize providing value to customers first to foster loyalty and repeated business.
  • Proactivity is Essential: Anticipate customer needs and offer unexpected support to strengthen relationships.
  • Trust is Fundamental: Establishing personal connections is crucial for trust, which is the foundation of successful sales.
  • Adaptation to Technology: Embrace AI and digital tools, but ensure they complement, rather than replace, personal engagement.
  • Customer Experience Matters: Focus on creating positive interactions that leave customers feeling valued and respected.

Conclusion

In this engaging episode, Jeffrey Gitomer provides actionable advice for building customer loyalty through proactive service and genuine relationships. Emphasizing the importance of adapting to modern sales techniques and digital tools, Gitomer's insights offer valuable lessons for entrepreneurs and sales professionals aiming for long-term success.

For more insights, listen to the full episode [here](https://youtu.be/Ou6ftnT6RE0?si=T3FqD1t2t_n9ROzS) and learn more about Jeffrey Gitomer at [gitomer.com](https://www.gitomer.com/).

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Transcript

Automatic transcript. May contain errors.

0:00There's three words that you have to think about in terms of selling and they have nothing to do with sales. Help customers win. So the Jeffrey Gittema, he's written like a dozen books, things about trust, customer service. I'm writing a book for millennials. It's called Pick Up the Phone. How do I teach that to my kids who won't even pick up the phone to call me? I think that you're gonna have to adapt and adopt to your world by allowing more people to have easier access. I'm about follow through, not about follow up. The guy's a genius. He keeps going and keeps going. This is the one Jeffrey Gittema.

0:34What is the Jeffrey Gittima formula? How does success happen? I have a philosophy. I give value first. I help other people. I strive to be my best at what I love to do. I establish long-term relationships with everyone and I have fun and I do that every day. And I try to make 10 people smile every day because when they smile at me, it ends up I smile back. And I perform one random act of kindness every day, no matter what. No one pays me back for that random act, but the world pays me back. And when the world pays you back, it's times 10 every time. That's my evolution. You know, that's part of the core of life is who are you proud of, but who makes you proud?

1:17How much of a difference did that make in your life, knowing that, you know, I need to become? It's the essence of life. I wake up every morning and I do things that other people don't do. I have a routine of five things that I do every day. I read, I write, I prepare, and that causes me to think and create. And I do those five things sitting in my office or sitting in a hotel room somewhere around the world. I've done that for almost 30 years now, every day for an hour. How do you succeed at sales in this day and age? What are the keys to being a successful salesperson nowadays? There's three words that you have to think about in terms of selling, and they have nothing to do with sales.

2:00Three words are help customers win. If the customer feels like they have a better deal, if the customer feels like they got some kind of value or some kind of victory as a result of doing business with you, you win. And you may not win at that moment in time, but they're going to accept your call. They're going to talk to you again. They're going to go out to lunch with you. They're going to refer somebody to you. You're going to have a pool of people that will rally around you and love you. That's all I've tried to do for the last 20-something years. Why is it that salespeople hide behind social media so much these days?

2:36Because they have no balls. I'm writing a book for millennials. It's called Pick Up the F***ing Phone. That's one of the issues in selling that salespeople are waiting for the phone to ring. And it's not going to ring unless you proactively go out into the marketplace and build your brand. Your phone rings because you build your brand. My phone rings because I built my brand. That only took 20 years. How do I teach that to my kids who won't even pick up the phone to call me? We live in a different world. I think that you're going to have to adapt and adopt to your world by allowing more people to have easier access.

3:07That's why I'm using AI. That's why I'm trying to appear on more people's podcasts because you don't know who their diverse listener is. But our podcast, Sell or Die, has 3 million downloads. There's a reason. So let's talk loyalty, customer loyalty. How do you succeed at customer loyalty? You do things to serve people that they're not expecting. If you sell a machine to somebody, you're there when it's delivered. You give them your personal cell phone number and say, listen, if anything goes wrong, don't call anybody. Just call me and I'll take care of it. You want to make sure that you celebrate their victories, not just yours.

3:44And so I want to know what happens after the customer takes ownership, not just make a sale. I'm about follow through, not about follow up. Follow up is where's my money? I'm calling about the money. Is it ready? Follow through is, hey, you're probably not going to believe this, but I ran into somebody and I think they're going to be a good customer for you. Let's have lunch. I'll bring the guy. And loyalty, by the way, just let me define it for you in one sentence. Will you do business with me again? Will you refer me? That's it. Everything else is baloney. If we combine trust and service, how does that work in your mind in this day and age?

4:25If I don't trust you, I'm not going to do business with you. But there's a higher category. I have to like you. I have to believe you. I have to have confidence in you. And then I might trust you. Liking and believing and confidence leads to trust. So that's number one. Number two, the way you talk to me is going to determine how I talk to you. And keep in mind, I grew up in New Jersey where people eat their young. So I grew up in a pretty tough environment to make millions of dollars worth of sales. But the bottom line is the way I talk to you is going to determine the outcome. If you've ever called an insurance company for a claim, that person on the other end of the phone will say, have you read your policy?

5:14I'm like, honey, I'll give you$1 ,000 if you can find my policy. No one knows what their insurance policy is. Tell me what you can do, not what you can't do. And so those things combine to generate loyalty, to generate trust. If I know I can count on you. Like the customer service theory has sort of evolved into the customer experience process, and it's being proactive rather than reactive. What are your thoughts on how that change happened or what are the important aspects we should take from that? Experience has to do with how you feel you were treated. If you feel you were treated fairly, then you have a positive response.

5:57If you feel you're treated unfairly, you go on social media and make a stink out of it. Digital world is taking over. You've been leading the way into that digital world, podcasts, AI, etc. How is it changing sales? How is it changing the process of customers buying? The first thing I thought of when I saw AI is how do I monetize it? Not how do I use it? How do I monetize it? That's how I was taught. Luckily, you and I are in the same boat. We have hundreds, thousands of hours of content that we can offer to the world through artificial intelligence if the program and platform is right and we promote it right and we make it inexpensive enough to buy.

6:36So that's the path that I'm on right now. I've had my podcast for seven years and it's never going to go away. The podcast has never gone away. So I've been able to monetize our success. How does a salesperson adapt to this current digital world? How do they use it to their advantage? Well, let's take AI as an example. You may go into chat GPT or one of the offshoots and ask it how to do an email or ask it how to do a tweet or how to post something. and you get back their standard response that has no humor, that's mechanically driven to you. And you have to take that. The salesperson has to take it and make it their own and customize it.

7:15It might be a time saver, but it's not a customer earner. You have to earn that customer on your own. And the salesperson is the transition person to make that happen. It's not going to replace sales. It's going to enhance sales. And the people that ignore it are going to die. And the people that embrace it are going to win or they're going to double their income. Plain and simple. And that's the big success podcast for today. Hopefully you took a lot of notes, learned a whole bunch. And if you need to go re-listen to it, we dropped a lot of information right there today. Big success is what it's all about.

7:46And by the way, if you haven't subscribed, hit that subscribe button. So you're here with us every single week on the big success podcast. I'm Brad Sugars. That's BS. Big success is what we're shooting for. Check the show notes for all the links. Make sure you follow through. Keep learning. Keep coming back. Oh, and by the way, share this with any of your friends who you know are up for success. I'll see you next week on the Big Success Podcast. You've been listening to the Big Success Podcast with the number one business coach in the world, Brad Sugars. To learn more about how to achieve business and personal success, as well as how to level up or listen to past episodes, visit www.bradsugars.com.

From the publisher

In this episode of the Big Success Podcast, sales expert Jeffrey Gitomer shares the principles behind his remarkable career. Known for his best-selling books on trust, customer service, and sales, Gitomer reveals his formula for success: giving value first, striving for excellence, fostering long-term relationships, and enjoying the process. He highlights the importance of helping customers win, building loyalty through proactive service, and embracing the digital transformation in sales. Through memorable stories and practical advice, Gitomer discusses leveraging AI, enhancing the customer experience, and his bold guidance for salespeople: “Pick up the phone.”

About Jeffrey Gitomer:
Jeffrey Gitomer is a celebrated sales expert, speaker, and author of more than a dozen best-selling books, including "The Little Red Book of Selling." With a career spanning decades, he is widely regarded for his innovative strategies in sales, customer loyalty, and personal development. Gitomer’s approach focuses on delivering value, building meaningful relationships, and inspiring success with humor and authenticity. Known as the “King of Sales,” he continues to motivate individuals and organizations to excel in an ever-changing business landscape

Learn more: https://www.gitomer.com/

Watch the full episode here: https://youtu.be/Ou6ftnT6RE0?si=T3FqD1t2t_n9ROzS

About Brad Sugars
Internationally known as one of the most influential entrepreneurs, Brad Sugars is a bestselling author, keynote speaker, and the #1 business coach in the world. Over the course of his 30-year career as an entrepreneur, Brad has become the CEO of 9+ companies and is the owner of the multimillion-dollar franchise ActionCOACH®. As a husband and father of five, Brad is equally as passionate about his family as he is about business. That’s why, Brad is a strong advocate for building a business that works without you – so you can spend more time doing what really matters to you. Over the years of starting, scaling and selling many businesses, Brad has earned his fair share of scars. Being an entrepreneur is not an easy road. But if you can learn from those who have gone before you, it becomes a lot easier than going at it alone.
Please click here to learn more about Brad Sugars: https://bradsugars.com/

Learn the Fundamentals of Success for free:
The Big Success Starter: https://results.bradsugars.com/thebigsuccess-starter

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