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Building Customer Trust in the AI Era

▼ Summary

– Deep customer trust is earned through demonstrated commitment to their success, especially during difficult times, and is a key competitive advantage and driver of customer lifetime value (CLV).
– A customer executive highlighted that the greatest value from a vendor is their salesperson, who understands needs and acts as part of the customer’s team.
– Earning trust requires “walking the talk” and being human, as trust exists only between people, not with technology or AI alone.
– The article provides a seven-point self-assessment survey to identify gaps in best practices for earning customer trust, with scores indicating areas for improvement.
– To build trust, teams must align on a clear story (the talk) about accelerating customer success, embody it through daily actions (the walk), and implement culture change by showing team members how they personally benefit.

Without a customer’s deep and abiding trust, a long-term relationship is simply unsustainable. That trust builds confidence in your technology’s ability to deliver, but at its core, it is trust in the people behind your company,the humans who set direction and create value. This kind of trust exists only between people, and it can only be earned. It depends on your customer’s belief in your commitment to their current and future success, especially when challenges arise.

During an interview with a senior executive at one of my customer’s key accounts, I asked, “What is the greatest value you get from the company I represent?” The executive replied, “Our salesman. He’s part of our team. He understands what we need and gets it.” That response underscores a critical insight: if the humans behind your key customers believe in you, proven by your words and actions, and trust you with their future, you hold the single greatest competitive advantage and driver of customer lifetime value (CLV). In B2B SaaS, CLV is the most powerful lever for long-term profitability. You cannot back into this; earning trust requires you to walk the talk and be authentically human.

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How well are you earning customer trust? Here is a quick survey to identify gaps between where you are and where you want to be. It is based on seven best practices of B2B companies that have achieved long-term profitability versus those that have not. Score each on a scale of 1 (least) to 10 (most):

  1. You conduct regular qualitative research (e.g., enhanced NPS) to better understand your customer’s progress, marketplace threats, and satisfaction with your service and support.If you score 10 on any one best practice, or 70 overall, we should be investing in your company. A score of 5 to 7.5 means you have some work to do. A 5 or under reveals a big opportunity.The heart of the matter is heart. Deep and abiding trust is exclusively between humans. AI builds the platform of reliability, but then it is up to us,our willingness to put ourselves out there, to invest our humanity in someone else’s success as the best way to ensure ours. Every single person on your team earns, or fails to earn, your customer’s trust every day. It must be a mantra. When there is a fork in the road, when a decision has to be made, earning trust is the criterion. Achievement is incremental, and reinforcement is constant. It is the journey, not the destination. Everyone must walk the talk. Here are three steps to educate, equip, and motivate.Step 1: The talkEverything you have done on brand, mission and vision, and positioning gets molded into the story of how your organization,and every team member,is focused on accelerating your best customers’ success as dedicated professionals and human beings. This is rooted in how your customer defines success, the challenges they face, and how they describe the future state they desire. That gives them a reason to believe. Be careful: this is only for those who match your ideal customer profile (ICP). Those outside tend to be more expensive to service, generate less revenue, and leave early. Do not assume you already know, because that blinds you to the reality that their success is not caused by your success. It is the other way around.Step 2: The walkThis is how you want your team members to act every day. It is the embodiment of the talk, providing the rationale and equipping your team with the knowledge to help customers succeed with your products, services, and humanity. For instance: How are they organized? Who are the decision-makers and influencers, and what do they need to be successful both personally and professionally? Exactly how do you provide value today, as illuminated through detailed use cases and case histories? How should this value be messaged to customers and prospects? It is best if this compendium of information is published and easily accessible, such as on a pillar page. You cannot expect everyone to sing from the same hymnal unless you publish it.Step 3: Putting it all together and taking it on the roadThis is walking and talking culture change. You need team members to expand and internalize. In my experience, every successful change effort shares one goal: to educate the culture on how they will benefit in the future state and to give them the tools to excel. First, each team member must have a solid answer to the question, “What’s in it for me?” That answer, to be believable, must be about measurement and reward, and it must begin with a dollar sign. Money talks. Without this reason to believe, the training and the tools will fall short.Here is the answer: this level of trust only happens between humans. Your team must all be on the same page, work in unison, and focus on building profitability through earning trust.
(Source: MarTech)

Topics

customer trust 98% human connection 95% customer lifetime value 90% Competitive Advantage 88% sales relationships 85% qualitative research 82% best practices 80% domain expertise 78% internal metrics 75% team alignment 73%