Tuesday, November 13, 2012

WOWEDFactor: Significant Differentiator for All Types of Businesses?
Not Necessarily

Specifically, if a person has a WOWEDSighting -"a humanizing, engaging or connecting interaction" at a ... (restaurant, hotel, hospital, call center, car rental airport, visitor center, etc.) does it increase the likelihood that s/he will come back, buy more and/or refer others?

Is the WOWEDFactor a "crucial touchpoint" for all types of businesses?  Is it a path that all should pursue to differentiate and pullahead of their competition?  The answer to all question: not necessarily - it depends on the type of business.

Case in point: Rental Car. The people who rent from the local Enterprise Rent-A-Car branches (which cater to people whose car is being repaired), generally value a WOWEDFactor interaction.  However, business travelers who rent from Hertz at the airport, probably do not -- they just want to get in and out quickly. 

Case in point:  Supermarkets. According to the IBM Institute for Business Value's publication, "Why advocacy matters to grocers - surveyed consumers give retailers food for thought": 
  • The key attributes (15 in total) that drive success: advocates have them; antagonists don’t. The top seven fall in the areas of: quality; selection; convenience; employees; availability and social responsibility.
    • Employees affect four of the top seven attributes.
      • Happy with service from employees.
      • Employees are friendly and positive.
      • Employees are knowledgeable and attentive.
      • Pleasant and enjoyable to shop at grocer.
    So, the type of the business determines whether the WOWEDFactor is a significant differentiator.  Questions about whether it is or not for your business?  Call me.

    Weigh in on Facebook.com/WOWEDAmerica re what types of businesses need to be concerned about delivering WOWEDFactor experiences if they are going to pullahead.  Thanks.

    Firestone
    firestone@wowedamerica.com
    314-863-4000