Gary Hancock's blog

Gary Hancock's Blog

Tuesday 21 June 2011

The brand that can afford to ignore customer loyalty

It should be one of the most exciting purchases in your life. Deciding what to buy, working out what you can afford, prioritising, selecting your options, planning for the delivery date. Then there's the question of finance packages. And after-sales service. Sometimes, though, it's more stressful than exciting, which really shouldn't be the case. After all, for many of us, it's the second largest investment we'll ever make, after buying a house. I've just been through the process:

I've always been something of a mainstream buyer, but this was heralded as a once-in-a-lifetime opportunity, with very limited availability. This was the deal: once I had worked out what I wanted, I was to submit an application. I would be told whether I had been successful and, if so, exactly what had been allocated to me (they were available in just three metallic colours) and where I could take delivery (distribution centres were being set up in various locations, mainly in the South of England, but also in places such as Manchester and Newcastle). But the supplier would take my payment before telling me what I would take delivery of, and where. My head told me I was being taken for a ride, but at this point I was so caught up in the hype that I went through with the deal. I had my heart set on the gold one: 0 - 100 in 9.6 seconds, with awesome styling. But in the end they told me I hadn't been allocated anything, although I can apply again for one of the lesser-known versions that no-one else wants. And to do that I have to join an online stampede at 6 a.m. this Friday.

I feel let down. I won't be buying from them again. No business can afford to treat its customers this badly and expect to survive. We all know that customer loyalty is critical to long-term business success. Unless you are a unique business that doesn't expect to be around beyond next year, and doesn't need to concern itself with issues such as reputation, advocacy and customer retention. And I can think of only one of them. I've heard they'll be out of business by the end of August next year. Here's a picture of the salesman who got me hooked.



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