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	<title>Foreigner&#039;s Finances &#187; trust</title>
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	<link>http://www.foreignersfinances.com</link>
	<description>Mapping the Money In Your Life</description>
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	<itunes:summary>Austin Morgan from the personal finance site ForeignersFinances.com talks money, travel, and everything between with a variety of guests.</itunes:summary>
	<itunes:author>Austin Morgan</itunes:author>
	<itunes:explicit>no</itunes:explicit>
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		<itunes:name>Austin Morgan</itunes:name>
		<itunes:email>austin@foreignersfinances.com</itunes:email>
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	<managingEditor>austin@foreignersfinances.com (Austin Morgan)</managingEditor>
	<copyright>Copyright &#xA9; Foreigner&amp;#8217s Finances 2010</copyright>
	<itunes:subtitle>Mapping the Money In Your Life</itunes:subtitle>
	<itunes:keywords>personal finance, travel, Japan, life abroad, student loans, credit cards, investing,</itunes:keywords>
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		<title>Foreigner&#039;s Finances &#187; trust</title>
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		<title>Trustful Business Breeds Customers</title>
		<link>http://www.foreignersfinances.com/trustful-business-breeds-customers/</link>
		<comments>http://www.foreignersfinances.com/trustful-business-breeds-customers/#comments</comments>
		<pubDate>Sat, 24 Oct 2009 14:00:23 +0000</pubDate>
		<dc:creator>Austin</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[trust]]></category>

		<guid isPermaLink="false">http://www.foreignersfinances.com/?p=622</guid>
		<description><![CDATA[I don&#8217;t get spam. I get that people are tricked into purchasing items through spam and that&#8217;s why it exists, but it&#8217;s so much easier to be a trustful business. When you insert trust into your business you immediately gain the attention of consumers who are willing to spread your good business moves to their friends, co-workers, [...]]]></description>
			<content:encoded><![CDATA[<p>I don&#8217;t get spam.</p>
<p><img class="alignright size-full wp-image-624" title="2349875751_a4f7ed5a91_m" src="http://www.foreignersfinances.com/wp-content/uploads/2009/10/2349875751_a4f7ed5a91_m.jpg" alt="2349875751_a4f7ed5a91_m" width="197" height="240" /></p>
<p>I get that people are tricked into purchasing items through spam and that&#8217;s why it exists, but it&#8217;s so much easier to be a trustful business.</p>
<p><strong> When you insert trust into your business you immediately gain the attention of consumers who are willing to spread your good business moves to their friends, co-workers, and internet friends</strong>.</p>
<p>Has anyone ever tweeted their experience with a spammer?</p>
<blockquote><p>&#8220;Hey, got ripped off by a spammer &#8211; these pills didn&#8217;t make me gain 15 pounds in 2 hours &#8211; but you should still try them out!&#8221;.</p></blockquote>
<p>When you treat consumers right, when you really WOW them, you will gain 10x more customers on the back end due to referrals.</p>
<p><span id="more-622"></span></p>
<p>My mom recently got her kitchen redone and the contractor she hired gives 1% commissions to people who refer his business to a friend. This is a guy who realizes his business isn&#8217;t coming through spam campaigns or tv commercials. <strong>His income comes through hard work and making his customers smile when he is done with his work</strong>. The 1% commission is just a little push to get the word spread. If he does good work, any money he loses in that 1% is easily made up by new clients.</p>
<h3>How Japan Rocks at Trustful Business</h3>
<p>I&#8217;m looking for a used car so my girlfriend can drive to work. I recently visited the local used car dealership just to see if they had anything in my price range. Due to preconceived notions about used car dealers, I went in expecting failure. <strong>Used car salespeople in America are notorious for being human versions of spam &#8211; doing anything to get the sale, and not caring how many people hate them</strong>.</p>
<p>After experiencing this Japanese used car dealership, I&#8217;m 95% sure I&#8217;m going to buy a car and recommend any friends to this guy as well. <strong>Because he worked hard for an hour and made me feel comfortable, he can sell more cars on the back end due to my referrals. </strong></p>
<h3>His Good Business Moves</h3>
<p>- <strong>He didn&#8217;t shy away when an American came in</strong>. He tried his best to use the English he learned ten years ago in high school. He supplemented his lack of English with drawings, graphs, and using the         calculator. I understood everything about the car I was looking at because he went an extra fifteen miles and made sure I felt comfortable.</p>
<p>- <strong>He went out out is comfort zone</strong>. The second time I went in, he had written up a one page contract in English with the specifics I needed in order to buy the car. It was more of a guide that made sure &#8211; once again - I felt comfortable and that I knew what I needed from him. He realized that buying a car from someone who doesn&#8217;t speak my language is a stressful experience and he made sure I felt great about the situation. This is a guy who hasn&#8217;t used English in years, and he went out of his way to write an English guide for me. This was brilliant and immediately made me more interested in the deal.</p>
<p>- <strong>He immediately made me trust him</strong>. I felt so good about the deal and his presentation that after thirty minutes, I got in his car and he drove me to my house to check out my car and see its value. This showed me he was a hard worker and that he truly cared about doing his job well. This kind of stranger danger wouldn&#8217;t fly in America, but I felt like this guy had my back. The trust was there and I felt like he cared about me.</p>
<p>Be honest and truthful with your customers. They are 100x more likely to want to give you business if they feel like you really care about them.</p>
<p>Don&#8217;t get creepy and write them letters and show up at their house with cookies, but when they are up for it, blow them away with your professionalism. <strong>A spam e-mail is deleted immediately, but a good business move is retweeted, e-mailed to friends, and talked about in social settings. </strong></p>
<p>Don&#8217;t let your customers delete your message.</p>
<p>********</p>
<p><em>Update Sunday 9 P.M. EST -</em> <em>As of yesterday afternoon, I officially closed the deal on the car. The contract is signed and the money has been handed over. The entire process took a little under a week solely because I trusted the salesman and felt like I was getting a good, honest deal. </em></p>
<p><em>And the best part? I negotiated my way to free winter tires &#8211; a value of around $200! </em></p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;</p>
<p><em>Photo via <a href="http://www.flickr.com/photos/boston_public_library/">Boston Public Library</a> </em></p>
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