Marketing

Small Restaurant, Big Lesson

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Just Turkey Sign - Calumet City

It only takes half a second to know exactly what this restaurant specializes in. You already know what they’re about, even though you’ve never been inside. You’ve never seen an ad for the place. In fact, most of you have never even heard of this joint. But you can tell a whole lot from the sign.

Question of the day: do your prospective customers know what you do? what you’re about? How clear are they about what you have to offer?

What condition makes for a better customer: confusion or clarity?

(This picture was taken at a restaurant not too far from my home in Calumet City, IL.)

Related Post

Pork Chops and Big Promises

Big Ideas that Impacted Me in 2012

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Happy New Year!

I’m pretty sure most of you will not be reading this newsletter in December, but for the record, it’s still 2012 here in Chicago as I’m typing. I really didn’t mean to wait until the last minute to get in touch with you this month, but this month has been crazy busy.

For this final communication of the year, I wanted to talk briefly about 2 ideas that had a major impact on my thinking over the past months. Maybe they’re not new to you, but I think they’re worth rehashing.

Let’s go!

The Necessity of (Servant) Leadership

People generally don’t like to be told what to do. But, people need leadership. They crave it.

Leaders create a vision for the future. They inspire others and give them courage to move forward. They know (or at least seem to know) just a little more than the rest of us and provide lantern-light so we can follow their path.

You have to start thinking about your business in terms of leadership. We’ve talked about becoming an authority in your field and demonstrating your expertise. Leadership goes one step further. Your customers and prospects are looking for someone to help them do what they already want to do. The person or business which can eliminate the risk they’re facing, help them make tough decisions with confidence and show them the best path they can take to get to get what they want in life will gain unconquerable loyalty from those whom they serve.

The kind of leadership I’m talking about is based on just that: serving people. You’re leading them because you care. Leading because you can honestly help them achieve something great. Believe it or not, making their best interests your priority will pay off for you. As the late Zig Ziglar said, “You can get everything in life you want if you will just help enough other people get what they want.”

“Didn’t Come Here to Read”

Rumor has it that during the World Series in 1957, Yogi Berra, catcher for the New York Yankees, was trying to distract Hank Aaron during a crucial at-bat. Well, Tony Evans tells the story better than me. Check out this 1-minute video –> http://www.youtube.com/watch?feature=player_embedded&v=0a3XygWsHEI

You have to know what you’re here for. What’s your purpose? Who is the audience you’re called to lead and serve? That’s really where business success starts.

If there’s any area I’ve struggled with this year, it’s right here. Knowing and being consistent with my “why” has been a challenge I need to tackle better in the new year.

Thanks for spending 2012 with me. I would love to hear from you, and I’d love to connect with you on social media.

Google+
Twitter
LinkedIn

As always, feel free to let me know if there’s anything I can do for you.

Create Hard-to-Resist “Packaging” for Your Product or Service

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Presentation is everything.

Do you remember the episode of the Cosby Show where Vanessa introduces her fiancé Dabnis to Cliff and Claire? (This is one of my favorite episodes on one of my favorite shows.)

In the final scene, the newly-engaged couple is sitting at the dinner table with rest of the family. Cliff tells Dabnis, in very graphic terms, that they would never like him because of the way Vanessa “presented” him. Watch the scene, starting at about the 1:00 mark.

You can have the most amazing product or service on the face of the earth, but if you “package” it wrong, if you present it to potential clients on a garbage can lid (to use Cliff’s illustration), you’ll never be as persuasive and successful as you should be.

I had the opportunity to talk with the brilliant marketing consultant Steve Gordon about this very subject. When creating irresistible offers for your product or service, packaging makes all the difference in the world.

Invest half an hour and listen to my interview with Steve at http://stevegordonmarketing.com/how-to-sell-your-product-or-service-with-an-irresistible-offer/. It could mark a real turning point for your business.

Persuasive Language: An Interview with Matt Fox

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“Words are, of course, the most powerful drug used by mankind.” – Rudyard Kipling

Choosing the words we use in our sales presentations, marketing messages and everyday conversations can make all the difference in the world. Unfortunately, many of us do not select our words purposefully or even consciously. It’s impossible to count how many times a cautious “no” might have been turned into an enthusiastic “yes” if we had been more thoughtful communicators.

This past weekend, I had the privilege of speaking with Matt Fox, who is an expert in the use of persuasive language in sales, marketing and all sorts of personal interactions. He gave me nearly two hours of his time, explaining how to use words more persuasively. I was able to record about 75 minutes of golden material.

During our chat, we talked about

  • the 3 kinds of psychological resistance
  • why closing techniques are often very ineffective
  • how tiny words can create huge impact through presuppositions
  • why “increasing perceived value” is not necessarily the best way to increase sales
  • a simple way to make it impossible for someone to ignore what you’re saying
  • and tons more.

If you have a 100% conversion rate and you always get what you want, you may not need to listen to this interview. But if you’re not quite there yet, you can learn a lot from Matt. Take a listen.

Persuasive Language interview with Matt Fox

Note: I started recording my the conversation before the formal interview began. We attached that to the end of the MP3. Consider it bonus content!

Note #2: Don’t forget to check out Matt’s website at PersuasionTheory.com.

Expect Resistance and Overcome It

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Selling is hard.

Rather, selling can be hard.

Each of us has certain built-in psychological resistance to “being sold.” The challenge marketers and salespeople face is circumvent that resistance.

In a 2-part series on the Diamond Website Conversion blog, I’ve gone into detail about several specific forms sales resistance takes on, and more importantly, ways you can bypass it.

No matter what you sell, no matter what field you work in, these obstacles exist in all of your prospects to varying degrees. Do you know how to overcome them?

Overcoming Your Prospects’ Hard-Wired Conversion Obstacles
Part 1: Skepticism, Inertia and Reactance
Part 2: Cognitive Biases (confirmation bias, normalcy bias, etc.)

What An Alley Mechanic Taught Me About Selling ANYTHING

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In the middle of last  summer, I took my Chevy Astro to Chuck, a mechanic my father-in-law recommended for some long-overdue tuning up. He had done some work for Pops in the past. He was one of those backyard mechanics who worked more for the love of cars than for the money. So he was a lot cheaper than the big name shops, but he did good work and he was fast.

I know very little about fixing cars. But Pops does. If he trusted Chuck, I wouldn’t give the recommendation a second thought.

So we took him the van. He did his thing. He was fast and friendly. When I returned to pick it up, Chuck mentioned that the car wasn’t in perfect condition, but he had gotten the “Check Engine” light to turn off. As long as that light didn’t come back on, he said, I should be in good shape.

The drive home was smooth. I felt good about myself. I saved some money and supported a small business in my community at the same time.

But the next drive was not nearly as pleasant. By the third trip, the van was acting exactly like it had before Chuck worked on it.

I was baffled. What did that mechanic do to the van? Had he really done anything? I didn’t actually see him do anything, and he seemed to be finished faster than he should have…

And what about this Check Engine light? It hadn’t turned back on.

Maybe the only work he did was to remove the fuse for that warning light!

Can You Make Up Someone Else’s Mind?

To be honest, I never confronted Chuck about the work he did. He may or may not have actually done what I paid him to do.

Although it seems as if there’s quite a bit to learn from this story, I wonder if you detected a lesson that can literally transform your ability to sell whatever it is that you have to offer.

Do you see what happened with the Check Engine light? Chuck gave me a very specific and unmistakeable indicator that he had done a good job. The Check Engine light was off, so  he must have fixed the problem I asked him to take care of.

Those of you who have been around for a couple months or longer know about my penchant for education as a selling too. When done properly, I don’t know of a more effective way to get people to take action.

Looking back on the situation, I don’t think Chuck was aware of what he was doing, but he taught me how to appreciate his work. Here’s what happened:

1) I had a problem that I needed to solve,
2) I perceived Chuck to be an expert in his field (mostly based on the recommendation of my trusted father-in-law)
3) Chuck defined the criteria on which I would judge the quality of work done for me.

When you think about it, how much do your customers know about what you do? They should understand the benefits of buying from you, but do they know how you achieve the results you deliver? Do they even want to know?

In other words, most of your prospects and customers are a lot like I am when it comes to fixing cars: I know I need help, but I don’t have a clue how mechanics do their job. I just know that when it’s done, I’m looking for the thing that was wrong to be repaired.

That means, I don’t really know the difference between a good mechanic and a great one. When I’m having car troubles, I can either rely on referrals from people I trust, or I pick whoever’s the cheapest or closest.

From the car shops’ perspective, they’re relying on factors outside of their control (random word of mouth or having the lowest prices) to determine the fate of their business. That’s not a recipe for success. It’s hoping and praying that the dice rolls your way time after time. No wonder over 90% of businesses fail in their early years!

Take Control of Your Sales Process and Marketing

One of the biggest advantages of selling though education is that as an authority figure, you can tell your prospects what they should look for when choosing a product or service.

For example, if you were a mechanic, and your website featured an article or special report about “6 Misconceptions About Car Repairs that Can Cost You Thousands of Dollars,”  how easy would it be to define the process of fixing in a way that highlights your distinctive benefits and subtly disqualifies your competitors who operate differently?

What about a dog groomer who gives presentations on how proper care extends the health and life of pets? Not only can you define the buying criteria for anyone looking for a groomer, but you also position yourself as someone dog lovers can trust to take the best care of Rover.

There is nothing manipulative about this method, as long as you’re telling the truth. So, of course, there is the danger of con men and swindlers using education to misinform people and rip them off, but you’re not that kind of person.

During a presentation I gave last month, I joked that the way you hire the best copywriter is to look for the ones whose first and last names start with “D” and “B” respectively. That’s a joke you can use, as well as an example of what not to do as you educate your market.

Leveraging the power of education is one of the most important ways businesses can maximize their growth in any economy. It takes extra effort, but if you do it correctly, I can’t think of a better way to boost the results your sales people and marketing materials are producing.

Strategies are less fun than tactics, but without a strategy, you’re just hoping and praying. Is that where you want your business to be?

If Your Marketing Stinks…

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Please join the inimitable Andre’ Harrell and me for what promises to be an exciting and insight-packed conversation on sales and marketing at 7pm ET tonight.

The show is called “If your business marketing stinks, so will your sales.”

Check us out at http://www.blogtalkradio.com/aharrell2000/2012/08/28/if-your-business-marketing-stinksso-will-your-sales.

Or stream it below:

No opt ins, no sales pitches. Just marketing, sales and persuasion concepts you can put into practice right away to improve your business results.

Getting More Yeses Without Pressure, Hype or Dishonesty

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Live radio is tough.

As an outsider, I don’t know how the professionals move so quickly, transition so smoothly and keep everything fun and interesting.

For those of you who missed it, I had a spot on George Kilpatrick’s show last Tuesday evening. (George is the consummate professional). We talked about how to get more yeses in sales, marketing and other situations where you need to be persuasive. I had 5 points and only 5 minutes to cover them. Needless to say, we weren’t able to discuss any of the concepts in much detail.

I’d like to flesh out the ideas a little more right here.

Here’s the list of ways you can get more yeses without resorting to pressure tactics, hype or any kind of dishonesty.

1) True Empathy
There are few things in the world more powerful than empathy. If you can demonstrate that you truly understand what your prospects is experiencing and how they feel about their experiences, they won’t be able to help feeling a bond with you. Defenses go down, skepticism decreases and trust flows naturally.

John Dewey is quoted as saying “The deepest urge in human nature is the desire to be important.” Show them they’re important to you by asking genuine questions and really listening. Listen in order to understand, not just to figure out the best sales approach.

Henry Ford said ”If there is any one secret of success, it lies in the ability to get the other person’s point of view and see things from his angle as well as your own.” When people believe you want to know what they think and how they feel so you can help them, you’ll have less trouble getting your message through (when it’s your turn to talk).

Consider the African concept of Ubuntu. Bishop Desmond Tutu tells us that “A person is a person because he recognizes others as persons.” Treat your customers like people, not walking wallets. You’ll get a lot more yeses if you do.

2) Appeal to the built-in motivations of the prospect.
No one can “sell ice to Eskimos”–at least not visiting igloos door-to-door.

You’ve gotta sell stuff people want. I talk about this fairly frequently (in fact, this point made up 1/3rd of my most recent newsletter), so I won’t belabor the point too much.

While you’re empathizing with your target audience, find out what sorts of solutions will help them get what they want or put an end to what they want to stop in their lives. Help them see the transformation it will bring; don’t focus on features, but appeal to their current thoughts, feelings and priorities.

3) Educate
Salespeople sell stuff. Teachers shape the minds of those who shape the world. Which do you want to be?

Every study you see indicates that there’s a shortage of school teachers in America. Classrooms are bulging with students, eager to learn. In private schools and institutes of higher education, people pay thousands or even tens of thousands of dollars to listen to teachers who will (hopefully) equip them to succeed in life. When sales people greet potential customers, the reply “I’m just browsing” is all too common. Which do you want to be?

Teachers help interpret reality. Then they help their students act accordingly.

Education is an amazingly powerful way to persuade without pressure. Done properly, you’ll never have to pitch anything. The mental pictures you paint are so compelling that people naturally see the need for what you’re selling.

4) Tell (true) stories
This is another subject I address frequently, but know this: stories are rarely seen as sales pitches. Our brains are inherently receptive to narrative. We love them in every form: movies, music, magicians, etc.

Tell stories about past client successes, your own personal journey from doubt to domination or lessons from history that make a clear point.

5) Establish credibility, but don’t toot your own horn
The more you’re recognized as an expert, the more people will trust you and take your advice. But telling people you’re trustworthy usually gives the impression that you’re not. That’s why it’s counterproductive to toot your own proverbial horn.

Credentials, degrees, awards, media appearances and publications all work in your favor. Testimonials, personal recommendations and referrals probably work even better. Don’t forget about celebrity endorsements!

If you’ll allow me to act like a teacher for a moment, I have an assignment for you: Think about specific ways you can utilize these 5 ideas to increase your yes-to-no ratio. Make sure to raise your hand if you have any questions.

Strategic Truth-Telling

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The world is full of phonies, deceivers and cheats. In the arenas of advertisers and salespeople, this seems to be especially true.

Empty promises, bogus guarantees and plain ol’ swindles pervade the marketplace. Most people automatically tune out a large percentage of overt advertisements. No one trusts salespeople; they are often dismissed before they even speak. (Believe me, I’ve been there.) We all know it’s true. That’s just how things are.

In spite of that fact, a profound longing exists inside of each of us: a longing to believe. Gary Bencivenga, one of the few living legends of copywriting, teaches that “Almost everyone in the world… is desperately searching for someone to believe in. Be that person, and you can write your own ticket.” The dishonest climate of the day makes the search for that kind of person difficult. Those found to be trustworthy stand to benefit immensely.

Telling the truth can be used as a powerful business and marketing strategy.

Don’t misunderstand me. I’m not advocating a Machiavellian view of dealing with truth. 100% honesty is the only way to business. Customers and prospects deeply desire to believe, but they have been forced into skepticism. Only one arrow can pierce the armor of doubt: TRUTH.

How Can Truth-Telling Be Used As a Marketing Strategy?

When we think of establishing our credibility and building trust, we usually picture a long-term process. And it is. Allowing events to progress naturally, it can take months or years to get where you want to be.You should never tell lies or deceive. Customers need to know you’re not going to mislead them or take advantage of them. Don’t settle for marketing that is simply credible. Actually be the company that your customers can trust.

Let’s consider another perspective. Most of my readers market their products and services using direct response methods. What is one defining characteristic of direct response marketers? We do not wait for “events to progress naturally.” We don’t wait for prospects to eventually stumble across our offers and maybe buy something. We take action to cause individuals in our target audience to respond in a particular way.

Strategic truth-telling relies on the same principle.

Rather than relying on chance and (passively) watching trust grow over time, it is possible to inject “moments of truth” into otherwise normal interactions. Build your believability factor actively, purposefully. The “que sera, sera” approach is not a viable strategy.

Let me state emphatically that integrity is not a strategy. It is a way of life.

Now for the good stuff. Let’s discuss 4 specific truth-telling techniques. You will no longer have to hope that you are gaining your audience’s trust. Take action! Implement these steps and gain control of building your believability.

1. The Preemptive Strike

Have you heard the famous story about Claude Hopkins and Schlitz Beer? How one advertising campaign that took Schlitz from 5th place to being in a dead heat with the number one brand in a few months?

Hopkins tells the tale in his book, My Life in Advertising. I won’t repeat it here, but do yourself a favor and look it up. There’s a great lesson to be taken from the narrative. The major take-away from that campaign: be the first company to “tell the facts,” and you gain supremacy in the minds of your customers and prospects.

Instead of just talking about how totally rad your product is, tell the story of why it’s so great. What do you do that makes what you do so impressive?

Is there a way you can use this concept in your own marketing? Think of some aspect of your process, one ingredient you use, or anything that you can tell your audience about that they don’t know. You don’t have to be the only company doing it. You don’t have to be the first company to do it. You just have to be the first to say it. Once you’ve said it, you own it. Anyone else to make similar claims will be seen as a copy cat.

There are so many voices screaming for the attention of the masses. And as much as businesses may think they’re being unique, nearly all advertising sounds the same on the surface. You can stand out by coming at the issue from a different angle. Give meaning to the claims you make about your product, service or brand by using this classic technique of preemption.

2. Full Disclosure

Voluntary vulnerability is startlingly effective at creating credibility. I think there are 3 reasons for that.

Firstly, no one does it. Everyone is too scared to take the risk. Plus, they’ve spent so much time trying to appear to be perfect. They can’t afford to let that illusion disappear. By being one of the rare few that will be open and honest, you position yourself as one of the rare few companies or individuals worth listening to.

Secondly, you show that you care more about the truth than about your image. Your image is how you want to appear. But reality is what really matters.

Thirdly, an emotional element comes into play. Putting yourself or your company in a position of openness is not logical (or at least it doesn’t appear to be so). The result is that the listener is almost forced to react emotionally, not just intellectually.

Everyone loves the inside scoop. Confessions are always a hot ticket. When people feel like you’ve told them something “intimate” you become more of a person than a salesperson. More of a friend. Trust flows easily in that environment.

Show that you have nothing to hide. Prove that you care more about the customer experience than about your image.

This should be an aggressive technique. Remember, we’re thinking of injecting truth deliberately for the purpose of building trust. Maybe it’s as simple as endearing yourself to your email list by telling an embarrassing personal story. You didn’t have to let anyone know about the time you were tricked into climbing into a high school locker, only to find yourself locked in and abandoned (yes, that happened to me).

Make the information interesting, but also find a way to make it relevant.

Also, admit when you’re wrong, when you don’t know the answer, or when you can’t help someone. It always pays off in the long run.

3. Flattery Will Get You Nowhere – Unless It’s Genuine

No one likes a “yes man” or a butt-kisser.

If you want to be believed, have the guts to challenge conventional wisdom or popular opinions. Speak your mind. Be confident and speak authoritatively. You do not have to agree with anyone all the time, even if they’re paying you. In fact, that’ll do more harm than good for all parties involved.

That doesn’t mean be arrogant, or purposely combative. But don’t fall for the line of thinking that says “the more I tell this client how much of a genius he is, the more business I’ll get.” Think more in terms of “the truth will make you free.”

Is it just me, or do people who always have flattering words on their lips seem to be up to no good? Either they don’t have minds of their own, or they’re sycophants. It’s hard to respect either. Don’t be that person or business.

This is less a technique to be used than it is a position to be adhered to. We’re talking about strategy. You want to set yourself up as the person who will tell the truth no matter what it costs. That’s who people will trust. People will believe in you, and that’s how you get to write your own ticket, as Bencivenga says.

I’ve had a client ask tell me that I didn’t have to agree with everything he said. His ideas were great; I wasn’t trying to be obsequious. The point is that my posture was weakened slightly by the appearance that I was just going along with whatever he said. That’s not the place you want to be in.

4. Be A Giver

You should always seek to give more than you take. Provide more value than you charge for.

You should be educating your customers, not just selling to them. Education is one of the most compelling selling tools in existence. But you should give valuable content and actionable information to your audience at least as often as you ask them to buy something from you.

Being a giver is one of the surest ways to become a trusted person or organization. Of course you need to generate revenue. Your customers understand that. But if the only time they hear from you is when you have a sales pitch, you become a nuisance. They feel as if you look at them like dollar signs instead of human beings.

If you want to build credibility, to be the person or company that others believe in, help them get what they want out of life. When you look out for the needs and desires of other people, you begin to operate on a higher level.

Blogs, newsletters and content-rich emails are popular for a reason. We live in the information age. Perhaps telling the truth has never been such an important element of business success.

Be strategic in your execution. Blogs should be focused. Create content so that visitors know what to expect and how to get what they need. Self-promotion is not an effective way to gain trust. Providing info that improves people’s lives is a great way to become a trusted expert.

You can either promote yourself, or do high-quality work that does the promoting for you. Which do you think works better?

Final Thoughts

Most business people you know let their businesses “drift downstream” and hope for the best. My hope is that you are not one of those individuals. There are some things that you can’t control (the weather, for example), but there are nearly always ways to move forward with purpose and vision. Strategic truth-telling is another way to take more control over your life and business.

Why Money Matters Less Than You Think

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What if I told you that marketing is not about money?

You may be tempted to call me a heretic. You might think there was a hole in my bag of marbles. Or you might call me a hypocrite, because the service I provide my clients (and hopefully the information I freely share with people like you) helps people make money through marketing.

But I’m neither crazy nor hypocritical. Maybe I’m a heretic, since I believe some things about business that a lot of people disagree with. If you can stand a few moments of marketing heresy, please read on. I think you’ll learn a few significant lessons.

Money Is Not the Issue

Last summer, I learned something profound from a brilliant business coach who was my client. Well, I was already familiar with the principle she was teaching, but the way she explained it had a big impact on me. She told me that when prospects don’t buy from you, or clients won’t pay the kind of fees you deserve, it’s not because of a lack of money. Money is not the issue. Rather, the issue is one of priority. The client has money, but you don’t get it because he sees more value in spending it on something else.

When it’s decision making time, priorities run the show. People will always find ways to pay for what’s most important to them. If customers aren’t buying or clients are hiring, your product or service is not a major priority for them.

Eugene Schwartz taught us that you don’t create desire in your audience. What you want to do is channel their pre-existing desire toward your product. The same is true for priorities. In general, you cannot establish the priorities of your market. They are self-generated. Marketing can’t change the priorities they’ve already set. At best, you can communicate how your product will help them take care of what matters most deeply to them.

That means that your message will, by default, not appeal to everyone, as not everyone has the same priorities.

For example, Olay products and Proactiv are both designed to help people feel better about the skin on their faces. But they appeal to different groups. Olay is big on anti-aging, something most teenagers aren’t worried about yet. Proactiv helps with acne, a problem that usually becomes less common with age.

Different audiences. Different priorities. Different marketing messages. Also note that people would hate pimples and wrinkles with or without million dollar advertising campaigns.

Price Matters Less Than You Think

When there’s been a bad car accident, no one is thinking about how much the ambulance company will charge. They’re first thoughts aren’t about insurance deductibles. When life is hanging in the balance, they call 911 as fast as they can.

This is an extreme example, but it makes the point very clear. The importance of price is inversely proportional to the strength of the desire or need. The only thing that matters about the ambulance is the speed with which it can bring medical attention to the people in the car accident. This one benefit outweighs every other factor.

When your product or service fills a need that strong, price doesn’t matter much.

If one ambulance can arrive on the scene even a few minutes sooner than the next “competitor,” would you complain that their price is two times higher? Would you ask the 911 operator to send the cheapest ambulance?

If you’re having difficulty selling your product or service, it’s probably because
1) you’re not selling something people want
2) you’re not giving them a good enough reason to buy from you (showing them how your product can fulfill one or more of their priorities), or
3) you haven’t built up trust. People won’t buy from anyone they don’t trust.

Price may not be to blame. And if you are selling what people want, helping them envision their top priorities satisfied by your product, and demonstrated your trustworthiness, price may matter very little.

Marketing Is NOT About Money

Marketing and selling are not essentially about money; they are points of connection.

You have something to give to the world in terms of talents, expertise, products and/or service. Everyone has multiple needs and desires. Marketing and selling are ways you connect people in need with solutions. Everybody comes out a winner.

If you do it right, marketing has profitable results. But money should not be the cause. The difference may seem insignificant, but I assure you that it’s not.

When money is the end goal, you may be tempted to resort to deception, hype, high-pressure techniques. You could fall into desperation. You may even consider selling products that suck in order to drive revenue up.

When your goal is connecting, you focus on showing your audience that you can help them get the things they want and need in life. You can show them how your strengths can be applied to areas where they need assistance. When your customers are what really matters to you, magic happens.

Make no mistake: marketing should make money. If it doesn’t, you’re doing something wrong, and you need to fix it. But when money becomes the driving force behind it, fear and greed have a tendency to creep in.

Remember what Peter Drucker said: “The purpose of a business is to create a customer.” He didn’t say the purpose is to make money. The truth is that if you make happy customers, you’ll be in the best possible position to earn profits.