Transcript
WEBVTT
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A relationship with the right referral partner
could be a game changer for any be
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to be company. So what if
you could reverse engineer these relationships at a
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moment's notice, start a podcast,
invite potential referral partners to be guests on
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your show and grow your referral network
faster than ever? Learn more. At
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Sweet Fish Mediacom you're listening to be
tob growth, a daily podcast for B
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TOB leaders. We've interviewed names you've
probably heard before, like Gary Vander truck
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and Simon Senek, but you've probably
never heard from the majority of our guests.
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That's because the bulk of our interviews
aren't with professional speakers and authors.
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Most of our guests are in the
trenches leading sales and marketing teams. They're
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implementing strategy, they're experimenting with tactics, they're building the fastest growing BEDB companies
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in the world. My name is
James Carberry. I'm the founder of sweet
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fish media, a podcast agency for
BB brands, and I'm also one of
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the CO hosts of this show.
When we're not interviewing sales and marketing leaders,
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you'll hear stories from behind the scenes
of our own business, will share
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the ups and downs of our journey
as we attempt to take over the world.
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Just getting well, maybe let's get
into the show. So our son
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just turns six teen years old.
We thought it'd be a nice thing to
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do to give him the car that
we drove him home from the hospital in
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as an infant. And, you
know, a seventeen year old car bluebook
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value not really high. So a
nice gift and an expensive gift in frankly,
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we don't have to drive them around
as much anymore. So what does
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that mean? And means my wife
and I had to go out and buy
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a car. If there aren't customer
experience lessons in that, I don't know
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where else you'll find him. My
name is Ethan Butt. I host the
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customer experience podcast as well as the
CX series on the BDB growth show,
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and so I'm going to share with
you a handful of things that I learned
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recently or was reminded of in the
process of buying a new car. Now
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I'm a consumer reports guy. I
feel like their objective testing and rating is
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pretty good. I've read their car
issues for years. My Primary Emo in
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buying a car is less than two
years old with fewer than twentyzero miles,
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so that like new where I don't
have to take that depreciation hit off the
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lot, but I have a like
new car. That's how I wind up
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driving a seventeen year old car in
eleven year old car respectively, and I
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treat him really well. So I
narrowed it down to two choices, and
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they were very different from one another. One the Volkswagen Golf, all track,
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all wheel drive, slightly higher clearance
than the average car and a very
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nice driving experience, or the Toyota
Prius, really the practical choice, insanely
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reliable, great gas milage and very
low cost of ownership. So I went
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online and started looking at those two
vehicles. Now I found them all over
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Denver and Colorado Springs, and with
other companies like carmacks or Carvana, you
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could actually search the entire country and
I reached out on several specific vehicles,
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which takes me to the first take
away from this experience. Timeliness and responsiveness
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matter. Several of these companies never
reached out at all, others only reached
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out with automated messages. Now,
if I was super interested in the vehicle,
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I would actually reply to that automated
message in order to start the conversation.
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They wouldn't call me or email me
directly, even though I was a
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very active buyer who raised my hand. So, as you look at your
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process, look at how timely and
responsive you are to inbound inquiries and opportunities
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in all of their forms, whether
it's online chat, whether it's a form
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fill or some other form of contact. I didn't expect, in this case,
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at two minute response time to an
inquiry on a specific vehicle, but
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I did expect to be reached out
to sometime in twenty four hours or so.
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So you can't create the opportunity unless
you're timely and responsive to these types
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of inquiries and pieces of communication.
Number two, you need to manage customer
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expectations. My wife and I were
so disappointed. We had our eye on
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a Prius up in Denver. I
communicated back and forth with the guy,
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we spoke by phone, we swaped
emails and we ended up committing to buy
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this car. When I told him
we'd buy it, he of course had
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all of the final paperwork in a
PDF, purchase price, dealer and handling,
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taxes, etc. We were ready
to roll in make a cash purchase
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and he set an appointment with us
for two days later at fifteen in the
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morning. So we were going to
get up early, drive up to Denver
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and buy this car. He set
the appointment on the calendar. But the
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same day we set the appointment,
about two hours later, I get an
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email and it has three words in
it. It's sold. Sorry. So
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I immediately pick up the phone and
call this guy, like what is going
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on here? You just sent me
a calendar invite, you gave me the
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out the door price. We made
this commitment to come up there and buy
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the car, and his response was, we have thirty salespeople on this lot.
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They need to eat too. T
talk about failure to manage expectations and
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failure to empathize with your customer,
like we were all in on this.
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We had shut down several other opportunities
and the gap here was he never communicated
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that. Hey, you know,
if you give me two thousand dollars right
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now, I can guarantee this as
your car in two days. Or Hey,
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you know, this car might sell
today. If you commit to come
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up and buy it today, I
can make sure this car is yours.
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But instead I'm operating from the idea
that, because he set the appointment and
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I have the final paperwork, that
this is my car. I just need
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to show up and buy it.
He's operating from a completely different expectation that
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he did not communicate, which is
well, if it's around when he gets
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here, it's his car. So
think about expectations that other people might have
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at different points in their relationship with
you. Are you operating from the same
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expectation? Disappointment? This is just
a lifetip. Disappointment is exclusively a function
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of expectation. If my expectations are
managed and you deliver at expectations, I
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can't be disappointed. That's what he
thought he was doing, but he failed
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to communicate those expectations, thereby failing
to manage my expectations. Number three,
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be honest, because this is a
used car story. I don't think you'll
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be super surprised that there was some
dishonesty in the process, and this is
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a crazy one. We went into
test drive that all track. It was
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a super fun car to drive.
I had already pressed them a little bit
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on the price and they had already
moved down about three hundred and fifty dollars
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on it. It was the last
day of the month, it was six
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PM. They were open for a
couple more hours, and so I told
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my salesperson and his sales manager,
who is out on the lot with me,
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standing at the vehicle, Hey,
I need to go back. My
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wife and I are going to talk
about it. We're going to sleep on
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it tomorrow. I'll get back to
you the next morning with our decision.
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But before I do that, I
just want to know what is the absolute,
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very best price you can give me
on this car. And he told
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me, Hey, I need to
make two hundred dollars on every used car
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sale and that is where I am. I have no room to move on
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this car. I said cool,
that's fine. I just wanted the best
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price you could offer. It's part
of the decisionmaking process. will go make
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our decision and follow back up with
you the next morning. So he goes
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into the building. I'm still chit
chatting with my sales rep who I had
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spoken with on the phone, had
swapped several emails with. He was very
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responsive, a great salesperson, and
then as we're wrapping up our chat,
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the sales manager comes running back toward
us. Ethan, I've got exciting news.
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It's the last day of the month
and the salesperson here is sold nine
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cars so far this month. If
he sells his tenth car he gets a
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bonus. If I could give you
five hundred dollars off right now, would
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you buy this car on the spot
tonight, last day of the month?
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And I said of course not.
I told you I wasn't buying the car
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today and you just told me you
had no room to move on the price.
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It's just ludacrous that two minutes later
he would think that I might forget
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that he told me that he couldn't
move on the price. Lyne to your
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customers in their face is always a
bad look. Even if we wanted to
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buy that car, I would have
refused to buy that car out of principle
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from those folks. And the sad
part was it was not the fault of
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the sales were up, who,
again was awesome, timely, straightforward and
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very, very helpful. So timely
and responsive, managing expectations, obviously being
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honest. That's just basic rules for
living. Fourth one here is make it
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easy, eliminate friction. This is
probably the biggest customer experience part of this
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conversation. Companies like CARMACS and even
newer business models like Carvana have identified what
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makes people like me and you,
if you've been through this recently, so
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frustrated and they knocked down all those
things. So we inquired on a car
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with carmacks and I set an appointment. When I set that appointment through their
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website, which, by the way, had amazing search criteria, I could
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dial it into exactly what I wanted, including the features, including the mileage,
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and all these other characteristics, including
internal and external color of the vehicle.
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My wife and I found one that
fit what we wanted, click the
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make appointment button and it immediately disappeared
from the website. When I told my
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son that we were going to go
check out this car and probably buy it,
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he went to find it online.
Couldn't find it. Kind of panicked
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a little bit. I said they
just took it off the website because they
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reserved it for me, which was
awesome, completely different from the manage expectation
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story on that priests up in Denver. In addition, as we were thinking,
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should we buy this on the spot
or not? Seven Day return policy,
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absolutely no ask whatsoever. The mileage
didn't matter, they would give us
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all of our money back, no
matter what, within seven days. We
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were buying this north of Denver,
by the way, and they would allow
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us to make this return in Colorado
Springs. Super Convenient and eliminates any of
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the objections on the byside, as
well as any of the friction of that
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buyers remorse. In addition, Ninety
Day warranty. They paid for the manual.
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There's no manual in this used car
we were purchasing. They gave me
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the link to a website to order
it. I submitted my receipt and they
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reimbursed me to get a physical copy
the manual that I could put in the
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glove box. I was in and
out of that dealership in ninety minutes with
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a car from I need to inspect
this car, check it out, I
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want to test drive it, which
was a fun experience, walk through all
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the paperwork, actually pay for it
and all these other things out the door
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ninety minutes. Last step here carmacks
just kills this, by the way,
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from a customer experience standpoint. As
we were doing the final paperwork, someone
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was washing the interior and exterior of
the car and as we were walking out
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to approach the car. They had
positioned it in a parking bay with a
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nice sign behind it, a giant
yellow bow right on the hood. Their
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colors are blue and yellow and as
we were going out, our sales rep
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said, hey, can I have
your phone? Go stand just to the
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left of the front tire. She
took a couple vertical photos, a couple
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horizontal photo rose of my wife and
me with the new car, absolutely knowing
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that it's the kind of thing that
we would share with our friends in our
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family, which we did because they
wanted to know what we bought and what
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it looked like. In all these
other things. Just really thought it all
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out in advance. It's just a
nice little surprise and delight moment at the
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end of the process that builds social
proof for them. In addition, just
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another quick small note on social proof, as we were sitting in the dealership,
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they have these giant monitors all around
in their constantly popping up new members
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of the carmacks family with little head
shots and the vehicle they purchased in the
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city they purchased it in. Just
really nice touches that humanize the whole process.
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Fifth and finally, here, values
matter. Ultimately, we made this
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decision on moral and ethical grounds.
Now, not everyone thinks this way,
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but for us it was just difficult, even though that car that I drove
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for the past seventeen years, that's
still an absolutely amazing shape, is of
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folkswagon. We opted against the all
track, even it was a great driving
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experience for two key reasons. One, it only gets twenty two miles to
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the gallon in the city, versus
forty four for what we purchased, and
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fifty four a Prius. Right.
So we did end up buying a hybrid
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car. In addition, Volkswagon got
caught in that diesel emissions cheating scandal.
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Right. So, in this world
of finite resources, the idea that we're
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going to buy a car that we're
going to drive for the next fifteen to
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twenty years is going to be very
fossil fuel dependent, far less efficient than
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so many other options in the market, from a company that was caught bending
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the rules and actively cheating, was
just something I couldn't get behind, even
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though it was an awesome car to
drive. So just a handful of tips.
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They're hopefully that triggered something for you, either as a customer or,
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even better, as a marketing,
sales or customer success professional, about the
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way that you're interacting with your customers
or the way you're being treated as a
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consumer. Hope you enjoyed the episode. If you want to hear more,
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visit Bombombcom podcast. That's bomb Bombcom
podcast, and I welcome your feedback.
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Again, my name is Ethan,
but you can reach out to me directly
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Ethan etch N at Bombombcom. Thanks
so much for listening. We totally get
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it. We publish a ton of
content on this podcast and it can be
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a lot to keep up with.
That's why we've started the BB growth big
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three, a no fluff email that
boils down our three biggest takeaways from an
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entire week of episodes. Sign up
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