Moments of Trust Jeff Hasen April 22, 2010
 
With Prizes Like This “ No blankets? No free food? No bleepin’ way.”
 
Do I Have A Deal For You?
Moments of Trust Touchpoints that make or break brands and impact sales and loyalty
Where Brand Meets Constituencies On sales floor In side-by-side employee interactions In media interviews Through communication via social networks
Integrity, Service or Else Companies that value integrity will will succeed Others who neglect trust and customer service risk being shredded
My Moment To Gain Your Trust
When You Just Gotta Go
My Road
My Road
On Scene For History Michael Jackson’s hair on fire during filming of commercial
“ I Can’t Believe What I Just Saw” Kirk Gibson rounds the bases
And Then There Was Arum “ Yesterday, I was lying … today, I’m telling the truth”
Now Sanford And Tiger And …
Moments of Trust  Trends User-generated content Distrust in company management Distrust in media Checkbook journalism
User-Generated Content Happening everywhere, at all times Likely here 42% believe most trusted information comes from friends
What Technology Barriers?
Have A Phone, Have a Voice Mobile users spend 26 minutes a day on Facebook via computer, matched in time on mobile All ages point, shoot, send, influence
Distrust In Company Management Less than 1 in 5 believe CEOs in North America generally tell the truth
Distrust in Media “ We don’t pay for interviews” just isn’t believed -- or practiced -- anymore
Play Out on Individual Level One’s efforts are noticed and make difference
More Than Quality of Food Always an authentic “thank you” that saves the business “ You didn’t have a reservation” loses it
$14 For  Receiving  A Package “ Although we do have costs associated with providing Business Center Services to our valued guests, I can understand your disappointment. “ If you would be so kind to give us another opportunity to have you as our guest, I would certainly appreciate the chance to enhance your stay in some way.  Please let me know if that opportunity arises.”
What Stakeholders  Say Matters
Massive Mistrust Good news, bad news – Edelman says trust in business is up 16% - up to only 46% Trust in all businesses increased except banks
Companies Are “Falling Short” 25% of consumers will go as far as posting negative comments about bad experiences online -- Accenture
Consumers’ Bubbles Are Burst Single least satisfying aspect of service is the amount of time consumers have to wait Only 32 percent satisfied
You Take Him, No You Take Him Beyond wait time, multiple customer handoffs are a major frustration Most consumers willing to speak to just two people to resolve their issue Only one in four willing to speak to as many people as necessary
“ I’m Tellin’” Nearly nine in 10 consumers globally told the people around them about their bad experiences
Consumers Abandon Losers $12 billion lost to Tiger Woods’ endorsers
Customers Buy From Winners Decisions are made beyond price
Fortune’s Most Admired
Driven Off The List? Rewriting the Toyota Way Will automaker travel the Merck road? Vioxx/heart attack reports pushed company off list to this day
Leading CEOs Hit The Road … Literally Fortune 100 CEOs have increased their public speaking 96% since 2007
“ You Have To Have Your Values” “ What we have found is that what really matters is that you actually have core values - not what they are. The more challenged you are, the more you have to have your values.” -- Jim Collins
Seth Godin on what is between you and a sale “ Why You, Why Now?
Identifying Your Organization’s  Moments of Trust Employee communications Customers Prospective customers Shareholders Media Alumni
Do Employees Have Each Others’ Backs? Infighting or collaborating? Each can permeate  to Moments of Trust
Authenticity Sells Pearl Jam donates $210,000 to offset carbon emissions from world tour
Lying To Shareholders Doesn’t Sell No one can do what we’re doing Or no one else would
Keep A Scorecard Watch Listen Conduct survey Monitor word of mouth and social networks Prepare media audit
Change The Score  To Your Advantage Reward Punish Nurture winning culture
Communicating Accountability Celebrate Mitigate Instigate
Our Role As Marketers Consumers, employees, shareholders reward or punish businesses depending on how they do at  Moments of Trust The interactions are undervalued We need to convey the importance and nurture or be change agent
Godin With The Last Word “ It’s easier to grow the amount of business you do with happy people than it is to find new strangers to accost”
Moments For Questions
Jeff Hasen jeffhasen.com [email_address] 425 202-0835 Twitter: @momentsoftrust @jeffhasen

Iabc seattle-jeff hasen-momentsoftrust-042210

  • 1.
    Moments of TrustJeff Hasen April 22, 2010
  • 2.
  • 3.
    With Prizes LikeThis “ No blankets? No free food? No bleepin’ way.”
  • 4.
  • 5.
    Do I HaveA Deal For You?
  • 6.
    Moments of TrustTouchpoints that make or break brands and impact sales and loyalty
  • 7.
    Where Brand MeetsConstituencies On sales floor In side-by-side employee interactions In media interviews Through communication via social networks
  • 8.
    Integrity, Service orElse Companies that value integrity will will succeed Others who neglect trust and customer service risk being shredded
  • 9.
    My Moment ToGain Your Trust
  • 10.
    When You JustGotta Go
  • 11.
  • 12.
  • 13.
    On Scene ForHistory Michael Jackson’s hair on fire during filming of commercial
  • 14.
    “ I Can’tBelieve What I Just Saw” Kirk Gibson rounds the bases
  • 15.
    And Then ThereWas Arum “ Yesterday, I was lying … today, I’m telling the truth”
  • 16.
    Now Sanford AndTiger And …
  • 17.
    Moments of Trust Trends User-generated content Distrust in company management Distrust in media Checkbook journalism
  • 18.
    User-Generated Content Happeningeverywhere, at all times Likely here 42% believe most trusted information comes from friends
  • 19.
  • 20.
    Have A Phone,Have a Voice Mobile users spend 26 minutes a day on Facebook via computer, matched in time on mobile All ages point, shoot, send, influence
  • 21.
    Distrust In CompanyManagement Less than 1 in 5 believe CEOs in North America generally tell the truth
  • 22.
    Distrust in Media“ We don’t pay for interviews” just isn’t believed -- or practiced -- anymore
  • 23.
    Play Out onIndividual Level One’s efforts are noticed and make difference
  • 24.
    More Than Qualityof Food Always an authentic “thank you” that saves the business “ You didn’t have a reservation” loses it
  • 25.
    $14 For Receiving A Package “ Although we do have costs associated with providing Business Center Services to our valued guests, I can understand your disappointment. “ If you would be so kind to give us another opportunity to have you as our guest, I would certainly appreciate the chance to enhance your stay in some way. Please let me know if that opportunity arises.”
  • 26.
    What Stakeholders Say Matters
  • 27.
    Massive Mistrust Goodnews, bad news – Edelman says trust in business is up 16% - up to only 46% Trust in all businesses increased except banks
  • 28.
    Companies Are “FallingShort” 25% of consumers will go as far as posting negative comments about bad experiences online -- Accenture
  • 29.
    Consumers’ Bubbles AreBurst Single least satisfying aspect of service is the amount of time consumers have to wait Only 32 percent satisfied
  • 30.
    You Take Him,No You Take Him Beyond wait time, multiple customer handoffs are a major frustration Most consumers willing to speak to just two people to resolve their issue Only one in four willing to speak to as many people as necessary
  • 31.
    “ I’m Tellin’”Nearly nine in 10 consumers globally told the people around them about their bad experiences
  • 32.
    Consumers Abandon Losers$12 billion lost to Tiger Woods’ endorsers
  • 33.
    Customers Buy FromWinners Decisions are made beyond price
  • 34.
  • 35.
    Driven Off TheList? Rewriting the Toyota Way Will automaker travel the Merck road? Vioxx/heart attack reports pushed company off list to this day
  • 36.
    Leading CEOs HitThe Road … Literally Fortune 100 CEOs have increased their public speaking 96% since 2007
  • 37.
    “ You HaveTo Have Your Values” “ What we have found is that what really matters is that you actually have core values - not what they are. The more challenged you are, the more you have to have your values.” -- Jim Collins
  • 38.
    Seth Godin onwhat is between you and a sale “ Why You, Why Now?
  • 39.
    Identifying Your Organization’s Moments of Trust Employee communications Customers Prospective customers Shareholders Media Alumni
  • 40.
    Do Employees HaveEach Others’ Backs? Infighting or collaborating? Each can permeate to Moments of Trust
  • 41.
    Authenticity Sells PearlJam donates $210,000 to offset carbon emissions from world tour
  • 42.
    Lying To ShareholdersDoesn’t Sell No one can do what we’re doing Or no one else would
  • 43.
    Keep A ScorecardWatch Listen Conduct survey Monitor word of mouth and social networks Prepare media audit
  • 44.
    Change The Score To Your Advantage Reward Punish Nurture winning culture
  • 45.
  • 46.
    Our Role AsMarketers Consumers, employees, shareholders reward or punish businesses depending on how they do at Moments of Trust The interactions are undervalued We need to convey the importance and nurture or be change agent
  • 47.
    Godin With TheLast Word “ It’s easier to grow the amount of business you do with happy people than it is to find new strangers to accost”
  • 48.
  • 49.
    Jeff Hasen jeffhasen.com[email_address] 425 202-0835 Twitter: @momentsoftrust @jeffhasen